Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission for the Canary Litecoin ETF, marking a key step in potentially approving a spot $LTC ETF. This filing initiates the SEC’s 240-day review period. #Update #ETF $LTC (+6) ↗
Bloomberg Intelligence’s Mike McGlone warns $BTC faces resistance at $100,000 due to changing macroeconomic conditions and Fed rate expectations. Bitcoin’s correlation with the S&P 500 suggests volatility as it trades near $99,790. #Update #Crypto $BTC (-3) ↘
@Coinbase has launched a Bitcoin-backed loan service, allowing US customers to borrow up to $100,000 in $USDC without selling their Bitcoin. The service uses the Morpho DeFi protocol on Coinbase’s Ethereum layer 2 solution, Base. #Update #Crypto $USDC (+3) ↗
Senator Lummis questions US federal law enforcement about the sale of Bitcoin, highlighting a $18.5 billion unrealized value loss for taxpayers, sparking debate on asset management strategies. #Update #Legal $BTC (-3) ↘
Bitcoin could surpass $300,000 by 2025, according to a survey by @HashKeyGroup. Bitcoin recently hit an all-time high of $108,267.33, sparking excitement in the crypto community. #Update #Crypto $BTC (+7) ↗
The cryptocurrency market saw a slight uptick on Thursday, with $LTC emerging as a standout performer, achieving double-digit gains against the U.S. dollar. #Update #Crypto $LTC (+3) ↗
ETF data from Jan. 15 shows a $755 million inflow into bitcoin ETFs, halting four days of outflows totaling $1.22 billion, while ether ETFs continue to see positive inflows. #Update #ETF $BTC (+3) ↗
@Coinbase now offers Bitcoin-backed onchain loans up to $100,000 in $USDC, powered by DeFi protocol Morpho. This service facilitates decentralized borrowing using Bitcoin as collateral on the Base network. #Update #Crypto $BTC (+4) ↗
The potential approval of a Litecoin ETF has driven $LTC prices up, with @Polymarket bettors estimating a 51% chance of SEC approval after Canary Capital amended its S-1 filing. Trading volume surged 240% to $1.7 billion. #Update #ETF $LTC (+6) ↗
The price of $LTC surged 15.1% to $117 as @CanaryFunds filed an amended S-1 for a Litecoin ETF, signaling potential SEC engagement. Analysts highlight increased whale activity and regulatory optimism. #Update #Crypto $LTC (+6) ↗
Oklahoma introduces HB 1203 to establish a Bitcoin reserve, allowing pension funds to invest in $BTC, aligning with Donald Trump’s financial freedom vision and protecting against inflation. #Update #Crypto $BTC (+4) ↗
Bitcoin surges past $100,000 amid optimism over President-elect Donald Trump’s pro-crypto stance and softer-than-expected CPI data, with traders anticipating significant price moves for $BTC and other major cryptocurrencies. #Update #Crypto $BTC (+7) ↗
Bitcoin could reach $145,000 to $249,000 in 2025 due to rising institutional inflows and favorable regulations, according to @CryptoQuant’s report. Currently trading at $99,309, BTC is poised for significant growth under these conditions. #Update #Crypto $BTC (+6) ↗
Matt Hougan, CIO of @BitwiseInvest, predicts a surge in corporate Bitcoin purchases, with hundreds of companies expected to add $BTC to their treasuries. This trend could significantly impact the Bitcoin market as GAAP changes favor crypto investments. #Update #Crypto $BTC (+6) ↗
