Timothy Morano January 14, 2025 07:21 Bitcoin fell 15% as U.S. Treasury yields rose and the Justice Department planned a large-scale Bitcoin liquidation, impacting market dynamics. Bitcoin (BTC) has recently faced severe market turmoil, according to a report from Bitfinex Alpha. The cryptocurrency fell to a low of $91,430 last week, down more than 15% from its all-time high of $108,100 observed in December 2024. The sharp decline is due to heightened investor caution due to a surge in U.S. Treasury yields and continued capital outflows. Spot Bitcoin ETF. Market Impact and Response With…
Author: Crypto Flexs
Read More
Bitcoin (BTC) has recovered to the $105,000 level after rising 5.1% over the past 24 hours. As of press time, the flagship cryptocurrency is trading at $105,505, with a 10% increase in registered prices in the memecoin segment. BTC began a sharp correction last week following stronger-than-expected US labor market data. From January 7 to 13, it recorded a 10% decline from the $101,000 price range to the low of $90,000.However, the US consumer price index in December is estimated to have increased by 0.4% compared to the previous month. This has raised expectations of an interest rate cut in…
Venture capitalist Chris Burniske believes cryptocurrencies will soon enter uncharted territory as the United States welcomes Donald Trump’s election as president for a second time. Burniske told his 317,600 followers on social media platform BTC’s four-year cycle is based on a halving event, where Bitcoin miners’ rewards are halved every four years. In the past, halvings have been correlated with parabolic rallies in Bitcoin, as a drop in new BTC emissions creates an imbalance between supply and demand. Bernisk says: “Continue to believe that BTC is likely to break the simple four-year cycle it has followed for the past 12…
join us telegram A channel to stay up to date on breaking news coverage Just hours after the new $TRUMP coin hit the cryptocurrency market, the fledgling $TONALD token arrived with a declaration of war on its political meme coin rival, establishing itself as the people’s true anti-establishment cryptocurrency. Donald Trump’s new official Trump ($TRUMP) meme coin has begun flipping Dogecoin and Pepe by $28 billion on a fully diluted basis. But unlike the official Trump coin controlled by a billionaire, $TONALD is an uncensored, community-driven alternative. $TONALD Is Not Just Another Trump Coin Launching the Tonald token ($TONALD) in…
Jessie A. Ellis January 14, 2025 07:55 Explore key trends in DeFi, including growing institutional interest, regulatory challenges, and the rise of layer 2 solutions, as analyzed by Pantera Capital. Decentralized finance (DeFi) continues to evolve as a pivotal component of the blockchain ecosystem. According to Pantera Capital, several key trends are currently shaping the future of DeFi and presenting both opportunities and challenges for market participants. Institutional interest in DeFi One of the most important trends for DeFi is the growing interest from institutional investors. As traditional financial institutions recognize the potential of…
January 17th Is Bitcoin Layer 2 the future of BTC adoption? Posted: January 17, 2025 education by admin Explosive increase in interest and development resources The Bitcoin Layer 2 (L2) protocol has gained significant traction, sparked in part by the introduction of ordinal and runes, which have shown new ways to integrate programmability into Bitcoin’s conservative framework. With the community divided over these unconventional ways of introducing programmability or tokens or even smart contracts to Bitcoin through things like Ordinals, there has been a lot of interest and investment in finding a better way to add additional functionality to Bitcoin,…
Raydium emerged as the top Solana DEX with a strong lead in network fees and revenue. RAY hits a new ATH as market excitement returns to the charts. Solana’s ecosystem is exciting once again, and Raydium remains the most popular means of access. This means that it is maintaining the same trend observed last year when Raydium was the king of Solana DEX. Raydium has maintained a strong lead as the most dominant DEX in the Solana ecosystem over the past 12 months. This phenomenon was especially evident when looking at the fees incurred during the aforementioned period. In fact,…
Wang Long Chai January 14, 2025 08:31 CoreWeave has opened its first UK data centers in Crawley and London Docklands, hosting NVIDIA H200 GPUs to power its AI infrastructure as part of a £1 billion investment. CoreWeave, known for its advanced AI cloud platform, has made significant progress in the UK with its first two data centers located in Crawley and London Docklands. According to PR Newswire, these centers are renowned for hosting Europe’s substantial deployment of NVIDIA H200 GPUs with the aim of strengthening the UK’s AI infrastructure capabilities. Expand your AI capabilities…
The cryptocurrency industry is hopeful that US President-elect Donald Trump will strengthen cryptocurrency adoption in the US and globally. But only time will tell if his newly launched Solana-based memecoin is a step in the right direction.Trump’s memecoin, Official TRUMP, has surged 10,643% since its launch on January 17, reaching $27.50 at the time of publishing, according to data from memecoin trading platform Moonshot.Trump’s memecoin brings new users to cryptocurrencyJust days before President Trump is to be inaugurated as President of the United States on January 20, there is speculation that he may make cryptocurrency a national priority on his…
Jessie A. Ellis January 14, 2025 08:49 The Hong Kong Monetary Authority is warning the public about fraudulent websites imitating Bank of Communications (Hong Kong) Limited and urging them to exercise caution and immediately report any suspicious activity. The Hong Kong Monetary Authority (HKMA) has issued a warning to the public about fraudulent websites impersonating Bank of Communications (Hong Kong) Limited. This warning, issued on 13 January 2025, is intended to inform consumers about the potential risks associated with these scams, as reported by the HKMA. Scam Details HKMA has received reports of fake…