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news-imageFebruary 1, 2025

Bitcoin Mining Struggles in Texas Amid Rising Power Costs from Arctic Freeze

January is considered the coldest month in the United States. In the first month of 2025, the country suffered an Arctic blast, causing the average temperature of states like Texas to drop as low as 11 degree celsius. Data suggests that the country's current cold weather condition has affected the Bitcoin mining industry severely.
Publisher: CoinPedia
Sentiment: Negative
BTC

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Neutral
cover-imageThe Currency Analytics
February 1, 2025

Bitcoin's Limited Upside vs Ethereum's Strong Growth Potential

A prominent crypto analyst, known on social media as CredibleCrypto, has shared his market outlook for Bitcoin (BTC) and Ethereum (ETH), offering insights that suggest Bitcoin's growth potential may be limited compared to Ethereum in the upcoming cycle. CredibleCrypto, who boasts over 460,000 followers on platform X, has been tracking Bitcoin's price movements and believes that while the crypto king has shown some positive signs during its recent period of sideways consolidation, its upside potential in this cycle might not be as significant as that of other major digital assets.

Positive
cover-imageNewsBTC
February 1, 2025

Analyst Explains Bitcoin's Path To $150,000 – Details

The Bitcoin (BTC) market recorded more losses than gains in the past week resulting in a net price decline of 2.37%. Nevertheless, investors and market experts alike remain highly bullish on the premier cryptocurrency's potential for substantial gains amidst the current bull run.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Bitcoin Price Could Reach $1 Million by 2027, New Model Predicts

A groundbreaking analysis conducted by Dr. Murray Rudd and Dennis Porter of the Satoshi Action Fund predicts that Bitcoin (BTC) could surpass the $1 million mark by January 2027, with even higher price levels possible by 2030. This bold forecast is based on a newly introduced model that considers Bitcoin's fixed supply and increasing demand, offering a glimpse into the cryptocurrency's potential future.

Negative
cover-imageCoinPedia
February 1, 2025

Trump Tariff Promise Halts Bitcoin Rally for Second Consecutive Day

Recently, Crypto saw a repeat of previous trends after a report about a tariff delay was quickly dismissed by the White House, indicating that market's optimism was once again short-lived. Trump's Tariff Announcement Sends Bitcoin Lower President Trump announced Thursday that 25% tariffs on Mexico and Canada would start on February 1.

Neutral
cover-imageThe Currency Analytics
February 1, 2025

Crypto Options Expiration Today: Bitcoin & Ethereum Market Impact

A pivotal moment for the cryptocurrency market, as more than $10 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire, creating an environment ripe for volatility. With Bitcoin options totaling $8.36 billion and Ethereum options accounting for $1.94 billion, traders are bracing for price movements that could ripple across the crypto space.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Bitcoin Market Maturation: Parallels to 2015-2018 Cycle

Bitcoin's growth has slowed in recent months, but recent trends in market behavior are drawing comparisons to its previous cycles, particularly the 2015-2018 bull run. As Bitcoin matures, signs point to the possibility of another major price surge.

Positive
cover-imageTokenpost
February 1, 2025

Grayscale Launches MNRS Bitcoin Miners ETF Amid Crypto Boom

Grayscale, a leading crypto asset manager, has introduced the Bitcoin Miners ETF (MNRS), offering investors exposure to Bitcoin (BTC) mining stocks without directly holding crypto. The ETF, passively managed and rules-based, tracks a dynamic index of major Bitcoin mining firms.

Neutral
cover-imageTokenpost
February 1, 2025

Vitalik Buterin's Crypto Portfolio: Why Bitcoin Isn't a Major Holding

Ethereum co-founder Vitalik Buterin recently revealed that Bitcoin (BTC) makes up less than 10% of his portfolio, a modest share given his influence in the crypto space. According to Arkham Intelligence, Buterins total crypto holdings are valued at approximately $806.67 million, with Ethereum (ETH) dominating his portfolio.

Positive
cover-imageBitcoin
February 1, 2025

Microstrategy Locks in New Funding to Fuel Bitcoin Buying Spree

Microstrategy is doubling down on bitcoin, raising over $563 million through preferred stock. With 423,650 BTC already, Saylor envisions a $13 million price future. Microstrategy's Latest Funding Play Sets Up Its Next Big Bitcoin Move Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) has announced the pricing of 7.3 million shares of its 8.

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