The Bitcoin decentralized finance (BTCFi) sector saw a 2,000% increase in the total value locked (TVL) in 2024, rising from $307 million to $6.5 billion.
As the ETFs acquire more than $600 billion worth of Bitcoin, the bullish speculations are driving the BTC price trend. Will this hopium rally result in a new ATH for Bitcoin?
MVRV-Z score indicator retreated below 1.5, suggesting enough room for growth for BTC before hitting a local or cycle peak.
As Trump’s pro-crypto presidency approaches, Senator Lummis confronts the US Marshal Service over plans to sell 69,370 BTC from Silk Road, questioning the timing and strategic implications.
Coinbase’s offering comes with strict terms to protect lenders while empowering borrowers. Borrowers must maintain a minimum collateral ratio of 133%, and loans are capped at $100,000 in USDC.
Komainu co-CEO Paul Frost-Smith reiterates the firm’s commitment to becoming a go-to provider of digital asset services for Bitcoin.
The US spot Bitcoin ETFs registered a net cash inflow of more than $755 million on Wednesday, thus ending a four-day streak of bleeding.
The Strategic Bitcoin Reserve Act is part of a larger movement reshaping how governments approach finance in the digital era.
Bitfinex account holders affected by the hack have until January 28 to file objections or claims to the recovered assets.
These fears become even more glaring as the market awaits the US inflation data that is due for release later today.
Bitcoin price crosses $97,300, with analysts anticipating a major breakout ahead of the January 29 Federal Open Market Committee (FOMC) meeting.
Education company Genius Group’s $33M rights offering approval signals major Bitcoin investment plans, aiming to boost reserves from $35M to $86M.
Standard Chartered’s Head of Digital Assets Research signals Bitcoin vulnerability, predicting a possible 10% drop if it breaks below $90,000, despite current market recovery and positive long-term outlook.
“Bitcoin is a highly speculative, volatile asset. But with 7 billion people around the globe, 7 billion people want to trade it just like we do have gold for 10,000 years,” said Gensler.
The US, Japan, and South Korea accused North Korea’s Lazarus Group of global crypto hacks and pledged joint action to combat cyber threats.