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news-imageJune 7, 2024

Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.
Publisher: Cointelegraph
Sentiment: Positive
ADA
AVAX

More News Articles

Positive
cover-imageCrypto news
January 22, 2025

BlackRock's IBIT boosts Bitcoin holdings with 6,470 BTC

BlackRock's spot Bitcoin ETF recently added 6,470 BTC to its holdings after the cryptocurrency dips slightly from its recent all-time high at $109k. On Jan. 21, data from BitcoinTreasuries shows iShares Bitcoin Trust holdings increased by 6,470 BTC (worth $682.

Positive
cover-imageThe Currency Analytics
January 22, 2025

El Salvador Adds More Bitcoin to Its Reserves Amid Market Surge

El Salvador has increased its Bitcoin holdings once again, adding 12 BTC to its reserves in two separate transactions during January 2025. This move reinforces the country's steadfast commitment to its Bitcoin strategy, even amid challenges and scrutiny from international institutions.

Neutral
cover-imageCoinPedia
January 22, 2025

Ethereum Price Prediction For January 22

Bitcoin is currently facing resistance in the short term, struggling to break through a critical price level. In addition, the Trump meme coin, which has made headlines following the recent inauguration, experienced a sharp price drop after the lack of crypto-related mentions during the event.

Positive
cover-imageBenzinga
January 22, 2025

Michael Saylor's Proposal To Increase MicroStratagy's Share Count Approved By Shareholders — More Bitcoin Purchases On The Cards?

MicroStrategy Inc. (NASDAQ:MSTR) shareholders on Tuesday approved a proposal to increase the company's authorized Class A shares by 30 times to support future Bitcoin (CRYPTO: BTC) acquisitions. What happened: About 56% of votes were cast in favor of increasing the shares from the current 330 million to 10.33 billion, Bloomberg reported, citing the meeting's recording.

Positive
cover-imageBenzinga
January 22, 2025

Bitcoin Miners Helped Texas Avoid $18 Billion Energy Costs: Report

Bitcoin (CRYPTO: BTC) mining reportedly helped Texas avoid $18 billion in energy costs by eliminating the need for new gas peaker plants. What Happened: The findings were made in a Monday report by the Digital Assets Research Institute, which credited the efforts of Electric Reliability Council of Texas CEO Brad Jones in identifying Bitcoin mining as a better alternative to stabilize the Texas electrical grid instead of the costly and polluting gas peaker plants.

Positive
cover-imageThe Currency Analytics
January 22, 2025

Utah Introduces Bitcoin Reserve Bill: A Step Toward Digital Asset Adoption

The state of Utah has taken a groundbreaking step toward embracing digital currencies by introducing a ‘Strategic Bitcoin Reserve' bill. Spearheaded by Senator Jordan Teuscher, Utah becomes the 11th U.S. state to propose such a reserve, signaling a growing trend among states to incorporate Bitcoin into their financial strategies.

Positive
cover-imageBenzinga
January 22, 2025

US Bitcoin Miners Boost Mining Capacity, Capture 30% Of Global Hash Rate — MARA Holdings Sees Sharp Jump In BTC Balance

Leading U.S.-based firms were competing hard to mine more Bitcoin (CRYPTO: BTC), with many increasingly retaining the newly-created coins for long-term benefits. What happened: American Bitcoin mining companies added nearly 16 ExaHash per second of mining capacity, or an 8% increase, from November-end up to Jan. 15, according to a JPMorgan research report released Thursday.

Positive
cover-imageCoinPedia
January 22, 2025

XRP Price Prediction For January 22

XRP has shown positive signs in recent days after its price reacted to a key 50% retracement level from its recent rally. This pullback found strong support, with the price bouncing upward, leading many to anticipate higher prices in the near future.

Positive
cover-imageThe Currency Analytics
January 22, 2025

Rumble Acquires Bitcoin in Strategic Move, $20 Million Plan Start

Rumble, the Tether-backed video-sharing platform, has made its inaugural Bitcoin purchase, marking the start of a significant corporate strategy aimed at diversifying its treasury. This first acquisition is a key component of Rumble's broader plan to allocate up to $20 million towards Bitcoin, positioning the company within the growing trend of public firms integrating cryptocurrency into their financial strategies.

Positive
cover-imageBitcoin Magazine
January 22, 2025

Ross Ulbricht Is Free: A Victory for Bitcoin and Freedom

Ross Ulbricht's full pardon by President Trump marks a monumental victory for Bitcoiners, symbolizing justice for a man who became a beacon for freedom and innovation. This long-awaited moment proves the power of persistence and reminds us to keep advocating for Bitcoin and freedom.

Negative
cover-imageThe Currency Analytics
January 22, 2025

Bitcoin Retail Demand Remains Low Despite New All-Time High

Despite Bitcoin's recent surge to over $106,000 and new all-time highs, on-chain data indicates a surprising trend: demand from retail investors has remained significantly low. According to CryptoQuant's latest analysis, the Bitcoin Retail Investor Demand metric, which tracks transactions from smaller holders (those making transactions valued under $10,000), has dropped sharply in recent days.

Negative
cover-imageNewsBTC
January 22, 2025

Bitcoin Short-Term Holders Are Selling at a Loss: What This Means For BTC

Amid Bitcoin's ongoing upward momentum in price, a key on-chain Bitcoin metric has been observed that offers clues about the market's next direction. This notable indicator known as the Short-Term Holder Spent Output Profit Ratio (STH SOPR) which reveals the behavior of Short-Term Holders (STHs) has shown that STHs have started to sell at a loss.

Negative
cover-imageCrypto Reporter
January 22, 2025

XRP Price To Fall Amidst Widespread Sell-Offs, Experts Guarantee Better Returns With This Hidden $0.04 Altcoin Set To Jump 400x

The XRP price is in the news amidst widespread sell-offs as it continues to consolidate away from the all-time high price. XRP investors are now moving massive liquidity out of their long market positions as they seek better returns for their investments. Investment experts have now highlighted WallitIQ (WLTQ), a hidden $0.

Positive
cover-imageTokenpost
January 22, 2025

Bitcoin Holds Steady Above $106,000 Amid Investor Tension Over Lack of Trump Executive Orders

Bitcoin maintained its position above $106,000, buoyed by a weakening U.S. dollar and a rally in American equities, as investors balanced their optimism and uncertainty regarding President Donald Trumps anticipated cryptocurrency policies. On January 22, Cointelegraph reported that Bitcoin (BTC) rose 3.8% the previous day, reaching $107,240, partially recovering from recent losses.

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