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news-imageJanuary 23, 2025

Bitwise Analysts Call $219,000 The Fair Value of Bitcoin

Bitcoin (BTC) traded relatively flat on Wednesday, with its price being rejected around the $107,000 mark, forming a double-top pattern.
Publisher: Zycrypto
Sentiment: Positive
BTC

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Positive
cover-imageBenzinga
January 23, 2025

'Crypto Senator Lummis' To Chair Senate Banking Digital Assets Subcommittee: Is The Bitcoin Reserve On Its Way?

Senator Cynthia Lummis (R-WY), known as the "Crypto Senator," has been named Chair of the Senate Banking Subcommittee on Digital Assets. What Happened: This appointment signals a renewed push by the United States to establish clear regulatory frameworks for digital assets while advancing initiatives like a U.S. strategic Bitcoin (CRYPTO: BTC) reserve, an idea championed by Lummis and supported by President Donald Trump.

Negative
cover-imageThe Currency Analytics
January 23, 2025

Bitcoin Short-Term Holders Sell at a Loss – What It Means for BTC

Bitcoin, the world's leading cryptocurrency, has faced several ups and downs in its market journey, and recent data suggests that short-term holders are now selling at a loss. This shift is raising concerns about Bitcoin's immediate future but also presents potential opportunities for long-term investors.

Negative
cover-imageUToday
January 23, 2025

Bitcoin vs. Fiat: Peter Schiff Weighs In

In a recent tweet, renowned economist and gold advocate Peter Schiff made a comparison between Bitcoin and traditional fiat currencies. Schiff, a well-known Bitcoin critic, highlighted a main difference and similarity between the two, sparking reactions from the cryptocurrency community.

Positive
cover-imageCointribune
January 23, 2025

BlackRock CEO Shocks Davos With $700K Bitcoin Forecast

Fears related to the devaluation of national currencies are gaining new momentum following an important statement by Larry Fink, CEO of BlackRock, at the World Economic Forum in Davos. In fact, the leader of the world's largest asset manager mentioned the possibility of Bitcoin reaching $700,000, driven by increasing institutional adoption.

Positive
cover-imageInvezz
January 23, 2025

New coin priced below $1 could be next in line to do what Bitcoin (BTC) did in 2013 and Ripple (XRP) in 2017

Two venerable cryptocurrencies that have experienced outstanding increases in their respective breakout years are Ripple (XRP) and Bitcoin (BTC). In 2017, XRP surged an incredible 12,732%, jumping from $0.00302 to $0.4018, while BTC shot 7,698%, from $15 to $1,484. Rexas Finance (RXS), a recently launched coin valued at just $0.

Positive
cover-imageThe Currency Analytics
January 23, 2025

TRON Surpasses Bitcoin and Ethereum in Transaction Efficiency

TRON (TRX) has recently gained attention by outpacing major blockchain networks like Bitcoin (BTC) and Ethereum (ETH) in terms of transaction efficiency. A new analysis from CryptoQuant reveals that TRON has achieved the highest Transaction-to-Price Ratio (TPR), a metric that measures the efficiency of transactions relative to the price of its native cryptocurrency.

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