According to a report by COINOTAG News on December 30th, CoinDesk analyst James Van Straten highlighted U.S. Treasury Secretary Janet Yellen’s recent correspondence with congressional leaders. In her letter, she indicated that the U.S. may hit its debt ceiling between January 14th and 23rd, 2025, necessitating potential extraordinary measures to avert a federal government default. … Read more
Jan Nieuwenhuijs, a gold market analyst, has raised concerns about the rise in the People’s Bank of China (PBOC) secret gold purchase operations. He believes the bank has accumulated over 100 tonnes of gold through unreported London gold imports during Q4 2024. Golden Chase: China Has Secretly Scooped Up Over 100 Tonnes of Gold in … Read more
2024 is ending with a massive crypto crash and Bitcoin (BTC) losing its grip, falling back after a post-Trump-election rush. The air’s gone thinner, and the market drifts, strung between uncertainty and anticipation for 2025. Some analysts argue that Trump doesn’t matter. Now that Blackrock and all the other investment firms have Bitcoin ETFs, they … Read more
Ethereum has pulled massive liquidity from Bitcoin this January, positioning itself for another strong performance. With higher stakes than ever, ETH is on track to outpace Bitcoin. As the new year kicks off, a major shift is underway in the crypto market. Fresh capital is pulling away from Bitcoin [BTC], as uncertainty looms after its … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3254.32, down 1.8% (-60.38) since 4 p.m. on Friday. Three of 20 assets are trading higher. Leaders: SOL (+2.5%) and APT (+0.8%). Laggards: XLM (-6.6%) and LINK (-6.2%). The … Read more
The holiday season may be over, but the excitement doesn’t have to end! As we head into 2025, crypto casino Sportsbet.io keeps the festivities alive with its Fortune Wonderland New Year’s Surprise Drops. This limited-time promotion offers the chance to start the year with free spins worth up to 100 USDT. It’s the perfect way … Read more
Data reveals that VIRTUAL’s Open Interest has dropped by 18% in the past 24 hours. Exchanges have witnessed an outflow of $4.80 million worth of VIRTUAL. Virtual Protocol [VIRTUAL] has been making waves amidst the ongoing market uncertainty due to its impressive performance. However, on the 30th of December, VIRTUAL, along with Bitcoin [BTC], Ethereum … Read more
Este artículo también está disponible en español. Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since reaching a multi-year high of $1.32 in early December. This significant decline reflects the broader market uncertainty, with increased selling pressure and cautious investor sentiment weighing heavily on ADA’s price. Despite this, on-chain data suggests … Read more
MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices.
As Bitcoin (BTC) reserve discussions continue to escalate, new statements came from former German Finance Minister Christian Lindner. Christian Lindner, who recently criticized German Chancellor Olaf Scholz for not including Bitcoin in Germany’s financial strategy, said that the European Central Bank and the German Federal Bank (Bundesbank) should review their reserve policies. Lindner stated that … Read more