On January 10, recent data from SoSoValue revealed a significant net outflow of $149 million in the Bitcoin spot ETF. In contrast, Grayscale’s GBTC ETF experienced a modest net inflow of $13.5116 million, bringing its historical net outflow to a staggering $21.567 billion. Meanwhile, the Grayscale Bitcoin Mini Trust ETF recorded no net outflow yesterday, … Read more
While Bitcoin faces potential downward pressure, analysts share divided views on its future trajectory. Willy Woo’s caution contrasts with other analysts predicting a possible turnaround, illustrating the volatility and complexity of the crypto market. “The timing of this retrace is in line with historical tendencies,” noted trader Rekt Capital, highlighting the cyclical nature of cryptocurrency … Read more
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
HodlX Guest Post Submit Your Post Blockchain projects often use their investment successes to boast as well as build up an audience. It’s common to assume that if a project is good enough for a venture fund, it must be good enough for a user. After all, would something so big and rich fail to … Read more
Ripple and Moonpay have made a joint donation of $50,000 worth of RLUSD, Ripple’s new stablecoin tied to the U.S. dollar, to the Los Angeles Fire Department Foundation (LAFDFoundation). This contribution aims to support first responders battling the devastating California wildfires. Ripple highlighted their commitment to evaluating additional ways to assist these critical emergency efforts. … Read more
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The price of XRP, a third-largest altcoin by market capitalization, might be close to a massive upsurge. Its battle-tested tech analysis pattern signals a potential 2x price spike in the coming weeks. XRP price ready to add 100% in three months? Check out this pattern The XRP price is getting closer to a parabolic growth … Read more
Since the price of Bitcoin (BTC) fell below the $100,00 mark on January 7, it has continued to experience intense volatility amid a push for a rebound. With investors staying cautious, market data tracker CryptoQuant has hinted at a “buy the dip” opportunity traders must watch out for. Hopes for Bitcoin (BTC) Price Amid SOPR … Read more
Coinbase, a prominent cryptocurrency exchange based in the United States, is currently aiding in an investigation conducted by the Commodity Futures Trading Commission (CFTC) regarding the decentralized prediction market platform, Polymarket. This inquiry has led the CFTC to seek specific information from Coinbase related to its operations. What Did Coinbase Communicate to Users?What Happened During … Read more
Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit funds’ origins, the DOJ says. Russian Nationals Face DOJ Charges for Laundering Cryptocurrency Theft Proceeds The U.S. Department of Justice (DOJ) announced on Jan. 10 the indictment of three Russian nationals for operating cryptocurrency mixers … Read more