Bitcoin Surges to 99K Amid Inflation
Bitcoin surged to an intraday high of $99,442 following U.S. inflation data showing a core inflation slowdown, with $224M liquidated in 24 hours; trading at $98,805 by 9 a.m. ET. #Update #Crypto $BTC (+6) ↗
Crypto Market Indonesia Surges 200 Percent
Indonesia’s crypto market is booming, with a 200% year-on-year surge, driven by progressive policies and tech-savvy youth. The country ranks third in the Chainalysis Global Crypto Adoption Index, with $157B crypto inflow. #Update #Crypto $ETH (+6) ↗
Bitcoin Recovery: 120K Coins Returned Bitfinex
A court has ruled that approximately 120,000 Bitcoin seized from the 2016 @Bitfinex hack should be returned to the exchange, with the assets now valued at over $4 billion. This marks a significant recovery in ongoing efforts. #Breaking #Crypto $BTC (+9) ↗
Bitcoin Reaction to US CPI 2.9%?
The US Consumer Price Index (CPI) rose to 2.9% for December 2024, aligning with market expectations and boosting $BTC above $98.5K as core CPI inflation was lower than anticipated. The US dollar index fell below 109, contributing to Bitcoin’s price increase. #Update #Crypto $BTC (+3) ↗
Cryptocurrency Talks: Malaysian PM Meets Zhao
Prime Minister Anwar Ibrahim’s meeting with former @Binance CEO Changpeng Zhao and Abu Dhabi authorities signals Malaysia’s strategic move towards recognizing cryptocurrency and blockchain technology, aiming to establish a robust regulatory framework. #Update #Crypto $BNB (+6) ↗
AI Surge Solana Boosts Market Cap
AI agents saw a 322% surge in market capitalization in Q4 2024, reaching $15.5 billion, driven by @Solana’s advancements in the sector. #Update #Crypto $SOL (+7) ↗
Crypto Banking Issues Addressed Under Trump
President-elect Donald Trump’s administration may swiftly address crypto banking issues, with potential changes at the SEC and FDIC easing restrictions on banks’ involvement in digital assets. #Breaking #Crypto $BTC (+9) ↗
USDC Circulation Surges 78% in 2024
@Circle’s $USDC circulation surged 78% in 2024, reaching over 500 million users globally, while $USDT saw a slight market cap decline. Circle emphasized compliance with EU MiCA and Canadian regulations, boosting its stablecoin’s role in digital finance. #Update #Crypto $USDC (+6) ↗
Bitcoin Election Patterns Predict Price Surge
Ronaldo, a seasoned crypto enthusiast, analyzes Bitcoin election patterns for potential price impacts ahead of the January 20 inauguration, leveraging his technical analysis expertise to provide insights into market trends and opportunities. #Update #Crypto $BTC (+3) ↗
Bitcoin Surpasses Crypto Hedge Funds 2024
Crypto hedge funds achieved double-digit returns in 2024, yet they couldn’t surpass $BTC’s remarkable performance, as reported by @GalaxyHQ’s Visiontrack Composite Index tracking 130 crypto-focused hedge funds. #Update #Crypto $BTC (+3) ↗
MicroStrategy Stock Surges Toward 400
MicroStrategy’s (@MicroStrategy) stock price surged over 10% as it eyes $400, despite concerns about its substantial debt and executive stock sales. The company’s Bitcoin holdings have increased to 450,000 BTC following a recent $243 million purchase by Executive Chairman Michael Saylor. #Update #Crypto $BTC (+3) ↗
Crypto ETFs: JPMorgan Predicts $14B Surge
@JPMorgan predicts Solana and XRP ETFs could attract up to $14 billion in investments in their first year if approved, despite skepticism over SEC classification of tokens as securities. #Update #ETF $SOL (+3) ↗
Ripple Donates 100k XRP for Wildfire Relief
Ripple has donated $100,000 in $XRP to aid California wildfire relief, partnering with World Central Kitchen and GiveDirectly as its legal battle with the US Securities and Exchange Commission continues. #Update #Crypto $XRP (+3) ↗
Bitcoin ETF Outflows Ethereum ETF Inflows
Spot Bitcoin ETFs, including @BlackRock’s, faced a fourth day of outflows totaling $209.82M, while Ethereum ETFs saw a $1.15M inflow led by Bitwise’s ETHW product, signaling investor confidence in $ETH. #Update #ETF $ETH (→ 0)