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news-imageJanuary 8, 2025

Price analysis 1/8: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, LINK

Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Publisher: Cointelegraph
Sentiment: Negative
ADA
AVAX

More News Articles

Positive
cover-imageCoingape
January 18, 2025

XRP News: Solana, XRP & 5 Other ETFs Filed As SEC Chair Gary Gensler to Exit

XRP News: The odds of an XRP, Solana (SOL), & Litecoin (LTC) exchange-traded funds (ETF) have gained significant traction in anticipation of Doland Trump's upcoming presidential inauguration and Gary Gensler's exit. Notably, renowned ETF expert Nate Geraci recently revealed that numerous asset managers have submitted filings for multiple crypto-backed exchange-traded products.

Positive
cover-imageTokenpost
January 18, 2025

Ethereum Eyes $4,000 as Futures Open Interest Hits Record High

Ethereum (ETH) futures open interest has surged to an all-time high of 9 million ETH as of January 17, fueled by strong institutional demand and rising bullish sentiment, raising the possibility of Ethereum testing $4,000 in the near future. According to CoinTelegraph on January 18, ETH futures open interest increased by 10% over the past two weeks, reaching unprecedented levels.

Neutral
cover-imageTokenpost
January 18, 2025

Bitcoin Price Surge Fails to Spark Venture Capital Growth in Blockchain Sector

Despite Bitcoins (BTC) bull run in 2024, blockchain venture capital (VC) investments did not see a proportional increase, signaling a shift in institutional investment strategies for the cryptocurrency and blockchain startup ecosystem. According to a CoinTelegraph report on January 18, a January 16 study by Insights For VC revealed a weakening correlation between Bitcoin prices and VC funding since 2023.

Positive
cover-imageTokenpost
January 18, 2025

XRP Hits 7-Year High as FTX Prepares $1.2 Billion Repayment

XRP has surged to a 7-year high, reflecting bullish momentum, while the bankrupt crypto exchange FTX has announced plans to repay $1.2 billion, potentially boosting market liquidity. According to CoinTelegraph on January 18, XRP climbed to $3.20 on January 15, its highest level since 2018, driven by optimism surrounding President-elect Donald Trumps pro-crypto stance and regulatory clarity.

Positive
cover-imageTokenpost
January 18, 2025

U.S. Bitcoin Reserve Likelihood Soars as Focus Turns to Trump's Crypto Policies

The probability of President-elect Donald Trump establishing a strategic Bitcoin (BTC) reserve after his inauguration has surged to 70% in betting markets, fueling anticipation within the cryptocurrency industry. According to CoinTelegraph on January 8, prediction markets like Kalshi, a U.S. derivatives exchange, and Polymarket, a crypto-based prediction platform, estimate a 70% and 42% likelihood, respectively, that Trump will establish a Bitcoin reserve by 2026.

Positive
cover-imageNewsBTC
January 18, 2025

Crypto Liquidations Cross $300 Million As Bitcoin Reclaims $102,000

Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility.

Positive
cover-imageBitcoin
January 18, 2025

Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase

Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company's extensive bitcoin acquisitions, according to Bloomberg.

Positive
cover-imageCoinPedia
January 18, 2025

XRP Price Prediction For January 18

XRP continues to hold below its all-time highs, with the market still showing potential for an upward move. The overall expectation remains bullish, as a possible five-wave Elliott Wave pattern suggests higher prices ahead. After completing a fourth wave triangle, XRP has been consolidating, and there are still opportunities for further gains.

Positive
cover-imageThe Currency Analytics
January 18, 2025

Bitcoin Poised to Reach $175,000, Fundstrat Exec Predicts Unprecedented Surge

Bitcoin (BTC) could potentially hit a staggering $175,000 in value by the end of 2025, according to Sean Farrell, the head of digital asset strategy at Fundstrat. His forecast comes shortly after Fundstrat co-founder Tom Lee made headlines with his optimistic outlook, stating that Bitcoin is set to be the top-performing asset this year.

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