Binance CEO Richard Teng predicts that the crypto Market will reach new all-time highs by 2025, fueled by favorable regulations in the U.S. under President Donald Trump. During an interview at the World Economic Forum, Teng expressed optimism about the shift in political and corporate attitudes towards cryptocurrency. He expects significant progress in U.S. legislation ...
Today’s cryptocurrency Market experienced a slight drop, with the overall Market cap falling by 1.19% to $3.15 trillion. Bitcoin remains the leading player, currently trading at $101,815.78, after a minor dip of 0.61% within the last 24 hours. Despite this, Bitcoin has seen a surge in trading volume, showing signs of optimism from investors. In ...
Bitcoin experienced a 5% drop after President Trump failed to mention cryptocurrencies during his inauguration speech. Many investors had expected a nod to Bitcoin or a mention of his plans for a national Bitcoin reserve. Instead, Trump’s speech brought disappointment, coinciding with a report that his congressional priorities do not include cryptocurrency. Before the inauguration, ...
Bitcoin has been experiencing a short-term correction after reaching around $106,250, now consolidating above $100,000. Currently, it is trading below $103,800 and facing resistance at the $102,000 and $103,000 levels. If Bitcoin stays above the $100,000 support, it may regain momentum and aim for higher targets, including $104,650 and $106,250. However, if the price fails ...
Crypto analyst Tony Severino has noted that Bitcoin’s upper price band has surpassed $105,400, suggesting potential future movements for the cryptocurrency. He predicts a significant rally could take Bitcoin as high as $170,000, drawing parallels to past price surges. Some Market experts, including Standard Chartered, even suggest an upward movement toward $200,000 is possible by ...
Bitcoin is currently trading at $97,200, recovering from a dip to $90,000 earlier this week. Traders are advised to be cautious as upcoming US Consumer Price Index data could introduce volatility to the Market. A report suggests that if Donald Trump implements expansionary economic policies and extends tax cuts, it could benefit riskier assets like ...
Bitcoin is currently priced at $93,500, experiencing a decline of over 5% this week. This downward trend is partly due to a significant outflow of more than $568 million from Bitcoin US spot ETFs, indicating weaker demand. Additionally, data suggests that stablecoin inflows are decreasing, which may further weaken buying pressure. If Bitcoin continues to ...
Bitcoin’s price is currently at $93,500, having dropped over 5% this week. This decline is accompanied by significant outflows from Bitcoin US spot ETFs, totaling more than $568 million, indicating weakening demand. Data from CryptoQuant shows that reduced stablecoin inflows are exacerbating the downturn in buying interest. If the trend continues, Bitcoin could test the ...
On January 8, Bitcoin’s price fell sharply below $95,000, reversing earlier gains when it briefly exceeded $100,000. A significant factor in this drop was the sell-off by short-term holders—those who have held Bitcoin for less than 155 days. Over 26,000 BTC, worth more than $2.4 billion, were moved to exchanges, often at a loss. This ...
Bitcoin’s price is currently around $101,300, having slightly dipped after a 4% increase yesterday. The Market reacted positively to the resignation of Michael S. Barr from his position as Vice Chair for Supervision at the Federal Reserve, which helped push Bitcoin past the $100,000 mark. A report from Bitfinex indicates that while Bitcoin remains strong, ...
