This year is expected to be a game changer in terms of acceptance and adoption of bitcoin , the world's largest cryptocurrency, Fidelity Digital Assets said in a research report Tuesday."We anticipate more nation-states, central banks, sovereign weal
Bitcoin could benefit from more than $612 billion in new liquidity during the first quarter of 2025, potentially mitigating investor concerns over delayed crypto regulations in the United States.Bitcoin fell nearly 6% in the 24 hours leading up to 8
Bitcoin traders expect a short-term bounce as one BTC price metric sinks to its lowest levels in several months.Data from Cointelegraph Markets Pro and TradingView reveals deeply “oversold” conditions on the relative strength index (RSI).BTC price d
Canadian Prime Minister Justin Trudeau announced his resignation on Jan. 7, following the abrupt departure of his finance minister, Chrystia Freeland.Conservative Party leader Pierre Poilievre is now widely seen as the front-runner to become Canada’s
By Callum KeownBitcoin, XRP, and other cryptocurrencies were under pressure early Wednesday as traders assessed another sharp pullback.But this slump may be different and significant — it appears to be a reaction to U.S. economic data.Bitcoin was tra
Ether’s price could hit a peak of $12,000 this year, a gain of 257% from its current price fuelled by Donald Trump’s first year of his presidency and a key network upgrade, says options DeFi protocol Derive head of research Dr. Sean Dawson.Dawson tol
Bitcoin fell 5% to $96,527 on Wednesday afternoon in Asia after reaching above the $100,000 mark earlier this week, according to The Block’s bitcoin price page. Ether tumbled harder, down 8.5% over the last 24 hours to trade at $3,353. Several other
Bitcoin fell below $96,000 on Jan. 8 as a spot sell-off forced BTC price action to a “pivotal” level.BTC price losses mount with $88K “highly probable”Data from Cointelegraph Markets Pro and TradingView tracked as it shed another 1.7% on the day.Th
Inflation might be picking up, according to the latest price growth in the services sector, which leaped above expectations. Bitcoin , the fire-breathing orange beast of volatility, showed what it’s capable of. On Tuesday, prices dipped 6% right afte
Governments and central banks, from the United States to Switzerland, are giving Bitcoin serious consideration as an alternative to traditional reserve assets, with the Czech Republic being one of the latest to signal interest.The governor of the Cze
The incoming Donald Trump Administration is likely to bring positive changes for crypto entities working with banks, according to investment bank TD Cowen, but expectations for this new regulatory environment should be "reasonable." Banks are respons
Multicoin Capital expects 2025 to be a “pivotal year” for Web3 as artificial intelligence flourishes and tokenization triggers a “frenzy of institutionalization,” the venture capital firm said in a Jan. 7 report. The report, dubbed “Frontier Ideas fo
Cryptocurrency exchange Coinbase won a small victory in its civil case against the US Securities and Exchange Commission after a federal judge granted an order for an interlocutory appeal.In a Jan. 7 filing in the US District Court for the Southern D
In a new essay published on Monday, Arthur Hayes—renowned digital asset investor and former CEO of BitMEX—contends that the crypto market is poised to rally strongly in the first quarter of 2025 before topping out sometime in “mid to late March.” Hay
Coinbase Inc. has been given an unusual chance to skip ahead in a U.S. federal court dispute with the Securities and Exchange Commission (SEC) when a judge granted the company's request to chase a narrow appeal of the regulator's accusations about tr
Paul R. La MonicaBitcoin bulls are hoping that the world's most valuable cryptocurrency will keep climbing. But even some crypto enthusiasts admit that Bitcoin continues to be incredibly volatile. It's not digital gold just yet.Bitcoin surged from ab
Happy Tuesday! In today's Daily, Backpack acquires FTX EU, U.S. spot Bitcoin and Ethereum ETFs register over $1 billion in daily inflows, CFTC Chair Rostin Behnam plans to step down and more.Let's get started.Backpack acquires FTX EUBackpack Exchange
Social media giant Meta, formerly Facebook, plans to replace third-party fact-checkers with a community notes model akin to rival X’s to promote “free expression,” according to a Jan. 7 announcement. Meta will also lift restrictions on “topics that a
Arbitrum, the largest layer-2 network on top of Ethereum, has awarded its biggest-ever developer grant to Lotte Group, the multibillion-dollar South Korean conglomerate known for its vast portfolio of shopping malls, media companies and entertainment
With a formal departure announcement from U.S. Commodity Futures Trading Commission Chairman Rostin Behnam, January 20 is now the official last day of both heads of the U.S. markets regulators.Behnam joins Securities and Exchange Commission Chair Gar