Bitcoin Faces Short-Term Recovery Challenges as Coinbase Premium Index Hits 12-Month Low

COINOTAG News reported on January 2nd that CryptoQuant analyst Burakkesmeci has highlighted a notable decrease in the Coinbase Premium Index, a metric that gauges U.S. Bitcoin retail demand. The index plummeted to a new 12-month low, indicating heightened selling pressure in the U.S. market, which may challenge the short-term price rebound for Bitcoin. As of … Read more

Ethereum and Bitcoin Lead NFT Sales Recovery Amid 2024 Market Challenges and Oversaturation

NFT sales have surged to $8.8 billion in 2024, led by dominant blockchains Ethereum and Bitcoin, despite facing significant market challenges. The late-year growth in Q4 managed to counter a seven-month downturn, showcasing resilience in the NFT market. According to COINOTAG, “oversaturation in the market left 98% of collections with little to no trading activity … Read more

12,178.4 ETH Purchased for $3,339

On January 2nd, sources from COINOTAG News reported that an influential Ethereum whale executed a significant swing trade. The whale drastically invested 40.66 million USDT to acquire 12,178.4 ETH at a price point of $3,339. Following a strategic move, the entity offloaded 11,188.4 ETH this morning at a selling price of $3,357, successfully converting the … Read more

BlockDAG Bonus Demand – HBAR & Polkadot Eye Milestones

The post BlockDAG Bonus Demand – HBAR & Polkadot Eye Milestones appeared on BitcoinEthereumNews.com. BlockDAG Bonus Demand – HBAR & Polkadot Eye Milestones No Result View All Result Source: https://blockchainreporter.net/excitement-builds-for-blockdags-bdag400-bonus-as-2025-launch-nears-hedera-eyes-0-4-polkadot-targets-10/

GBP/USD weakens to near 1.2500 on BoE dovish bets for 2025

GBP/USD remains weak near 1.2510 in Thursday’s Asian session.  Fed officials projected they will make just two quarter-percentage-point rate reductions by the end of 2025. Dovish BoE bets and Trump’s tariff threats could undermine the GBP.  The GBP/USD pair remains on the defensive around 1.2510 on Thursday during the Asian session, pressured by the stronger … Read more

Ripple’s Legal Chief Outlines Principles SEC Can’t Afford to Repeat in 2025

Ripple’s legal chief has issued a year-end warning to the SEC, highlighting key legal boundaries on crypto assets and cautioning against regulatory overreach in 2025. Year-End Message: Ripple’s Legal Chief Warns SEC Against Repeating Missteps in 2025 Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Dec. 31 to highlight key … Read more