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@furori63

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@furori63
BTC price loses 4% on US JOLTS data as Bitcoin trader warns of $92K dip Bitcoin “spoofing” sees price support disintegrate Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dipped below $98,000. The move came amid macro reactions to US Job Openings and Labor Turnover Survey (JOLTS) data, which showed a hiring surge in a boost to the labor market. “Market catalyzed lower on JOLTS rising, however without initial jobless claims going up a rising JOLTS means one thing - JOB CREATION,” popular trader and YouTube channel host Matt Cowart responded in a post on X. Read More: https://cointelegraph.com/news/btc-price-4-us-jolts-data-bitcoin-trader-92k-dip
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@furori63
South Korea’s Jeju Island taps NFT program to attract young tourists Quick Take: South Korea’s Jeju Island announced that it plans to issue NFTs for visitors to boost tourism. The island plans to launch NFT passes in September this year. Read More: https://www.theblock.co/post/333151/south-koreas-jeju-island-taps-nft-program-to-attract-young-tourists-report
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@furori63
Corporate Bitcoin Adoption as Reserve Asset Gained Momentum in 2024, Reflecting Paradigm Shift in Treasury Strategies Ryze Labs has shared its review for the year 2024 as well as its 2025 outlook with CI. Ryze Labs has shared the following key insights, as part of its comprehensive Market Outlook for 2025: The cryptocurrency market displayed “remarkable” maturity and institutional acceptance in 2024, “signaling a transformative phase for the sector.” Read More: https://www.crowdfundinsider.com/2025/01/234872-corporate-bitcoin-adoption-as-reserve-asset-gained-momentum-in-2024-reflecting-paradigm-shift-in-treasury-strategies-analysis/
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@furori63
Bitcoin needs trading volume boost to rally above $105K in January Despite the subdued momentum, Bitcoin could climb as high as $105,000 in January, according to analysts at Bitfinex. “We expect Bitcoin to see range-bound markets as investors look to deploy capital across a range of different asset classes. We see Bitcoin ranging between $95,000 and $110,000 by the end of January,” Bitfinex analysts told Cointelegraph. United States President-elect Donald Trump’s inauguration on Jan. 20 could be a significant catalyst for cryptocurrency prices. Expectations for the incoming administration include more crypto-friendly regulations and improved economic policies in the US. Read More: https://cointelegraph.com/news/bitcoin-recovery-rally-prediction-january-2025
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@furori63
Man Dies by Suicide After Being Convicted of ‘Rug Pull,’ Family Says Berman Jerry Nowlin has died by an apparent suicide as he awaited sentencing for his part in an NFT "rug pull" involving wire fraud and money laundering, his family told the Tampa Bay Times. In November 2024, a U.S. court found the 21-year-old guilty of helping orchestrate the sale of a NFT “rug pull” worth $400,000. Nowlin, alongside the 25-year-old Devin Alan Rhoden, carried out the sale of two Solana NFT collections before cancelling a third collection. Read More: https://decrypt.co/299423/man-suicide-convicted-rug-pull
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@furori63
Bitcoin is flashing a sell signal that's pointing to a 10% drop ahead, technical analyst says Bitcoin could be headed for a multiweek correction, according to Katie Stockton. The strategist said bitcoin was flashing a "sell" signal, given recent trading patterns. She predicted the crypto could find support around $84,500, implying a 10% drop from current levels. Read More: https://markets.businessinsider.com/news/currencies/bitcoin-price-prediction-btc-today-sell-crypto-market-correction-2025-2024-12
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@furori63
Bitcoin staking has a total addressable market in the hundreds of billions The growth potential for BTC staking is especially strong, with a total addressable market in the hundreds of billions of dollars, two of the executives said. As of Dec. 30, Bitcoin staking commands roughly $5.5 billion in TVL, according to Staking Rewards. “Everything aligns for Bitcoin staking being a significant market,” Matt Hougan, Bitwise’s head of research, told Cointelegraph. “There’s a lot of demand for Bitcoin yield,” Hougan added. “Even if you’re getting a 3% yield, it’s attractive compared to other options.” Read More: https://cointelegraph.com/news/2025-year-bitcoin-de-fi
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@furori63
The Scoop's year-end special: From memecoins to MicroStrategy and 2025 outlook Quick Take Frank Chaparro was joined by The Block’s CEO Larry Cermak, Editor-in-Chief Tim Copeland and Foresight Ventures Co-Founder Forest Bai to wrap up 2024 in a year-end special Read More: https://www.theblock.co/post/332637/the-scoops-year-end-special-from-memecoins-to-microstrategy-and-2025-outlook
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@furori63
MicroStrategy bets big on Bitcoin again, achieving 74% YTD yield MicroStrategy acquired 2,138 Bitcoin for $209 million between Dec. 23 and Dec. 29 at an average price of $97,837 per BTC, funded by the sale of 592,987 shares during the same week. MicroStrategy reported a 74.1% year-to-date yield on its Bitcoin investments as of Dec. 30, with a 47.8% yield recorded for the fourth quarter. Co-founder and executive chairman Michael Saylor hinted at the purchase on Dec. 29, referencing “disconcerting” lines on a tracker monitoring the company’s Bitcoin activity. Saylor reiterated the firm’s commitment to acquiring Bitcoin regardless of price, even if it reaches $1 million. Read More: https://financefeeds.com/microstrategy-bets-big-on-bitcoin-again-achieving-74-ytd-yield/
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@furori63
Monthly Bitcoin ATM additions in Australia hit 29-month streak Bitcoin automated teller machines (ATMs) in Australia increased monthly for over two years, pushing the number of crypto ATMs in the country near the total number of machines in Europe. Crypto ATM data tracker Coin ATM Radar shows that in the last 29 months, Australia maintained a net positive addition of Bitcoin ATMs at a stretch. According to the data, Australia has 1,359 ATMs, which account for 3.5% of all Bitcoin ATMs across the globe. While the percentage seems low, Australia ranks third in the number of Bitcoin ATMs globally. Read More: https://cointelegraph.com/news/bitcoin-atm-growth-australia-2024
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@furori63
3 major developments that spurred crypto adoption in 2024 2024, global cryptocurrency adoption surged as Bitcoin broke price records and governments began integrating crypto into their financial frameworks. From Bitcoin’s historic milestones to Europe’s regulatory strides, 2024 set the stage for crypto’s mainstream integration. Read More: https://cointelegraph.com/news/3-major-developments-spurred-crypto-adoption-2024
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@furori63
Bitcoin analyst warns 'huge dump' amid recovering stablecoin dominance The rebound suggested a flight to safety as traders shifted capital into Tether, likely anticipating increased market volatility or downside pressure. The ForexX Mindset sees similar Bitcoin declines in the making, asking traders to ignore any short-term price gains. “We’ll probably see a sharp spike in price — that’s the pump — which might fool people into thinking the market is about to take off,” the analyst said, adding: “But don’t trust it. This is a trap. Right after that spike, a huge dump is coming, and anyone who jumps in too soon could get wiped out.” Read More: https://cointelegraph.com/news/bitcoin-analyst-warns-huge-dump-amid-recovering-stablecoin-dominance
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@furori63
Russia is free to use Bitcoin in foreign trade, says finance minister Russia has been actively experimenting with digital financial assets (DFAs) in foreign trade in line with the country’s legislation, according to a senior government official. Russian Finance Minister Anton Siluanov discussed US dollar alternatives for international trade in an interview on the state-owned news channel Russia-24 on Dec. 25. Read More: https://cointelegraph.com/news/russia-digital-financial-assets-bitcoin-foreign-trade
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Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K Santa rally talk returns as BTC price gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $98,020 on Bitstamp. Up by more than 3% on the day, Bitcoin attracted fresh bids after a shaky start to the week saw a retest of December lows. Read More: https://cointelegraph.com/news/bitcoin-santa-rally-buyers-drive-btc-price-to-98k
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@furori63
Bitcoin social sentiment drops to yearly low, signaling BTC breakout Following the 10% correction, social media sentiment around Bitcoin fell to its lowest level of 2024, to an average ratio of four to five positive versus negative Bitcoin-related comments. However, this low retail investor sentiment could be a sign of an incoming Bitcoin breakout, wrote market intelligence platform Santiment, in a Dec. 22 X post: “Vocal traders are now showing severe FUD, and that's good news for contrarians who know markets move in the opposite direction of retail's expectations.” Read More: https://cointelegraph.com/news/bitcoin-social-sentiment-drops-yearly-low-signaling-btc-breakout
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@furori63
United States of Bitcoin? These States Are Considering BTC Reserves Donald Trump and his political allies are plugging away at plans to stockpile Bitcoin at a national level in the U.S. Treasury. And now, with the asset’s price repeatedly soaring to new peaks since Election Day, some U.S. states are following suit. So far, three states are fielding proposals to establish strategic Bitcoin reserves, while digital asset advocates are calling for other local governments to do the same. Read More: https://decrypt.co/298413/us-states-considering-bitcoin-reserves
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@furori63
Ethereum ETFs surge in December as inflows hit $1.66 billion, dominated by BlackRock's ETHA Quick Take The current ETH ETF landscape shows a concentrated market structure. The following is an excerpt from The Block’s Data and Insights newsletter. Read More: https://www.theblock.co/post/331222/ethereum-etfs-surge-in-december-as-inflows-hit-1-66-billion-dominated-by-blackrocks-etha
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@furori63
CoinDesk 20 Performance Update: AVAX Declines 3.7% as Index Trades Lower Four of 20 assets are trading higher. Leaders: HBAR (+3.1%) and APT (+2.9%). Laggards: AVAX (-3.7%) and ICP (-3.7%). Read More: https://www.coindesk.com/coindesk-indices/2024/12/19/coin-desk-20-performance-update-avax-declines-3-7-as-index-trades-lower
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South Korean prosecutors seek 6 months for lawmaker who allegedly hid crypto Kim Nam-kuk, a member of South Korea’s National Assembly, could be sentenced to six months in prison for allegedly not reporting all his cryptocurrency holdings to the government. According to a Dec. 18 report from South Korean news outlet Dong-A Ilbo, prosecutors in Kim’s case requested a six-month prison sentence for the lawmaker, who is currently on trial in Seoul. Kim allegedly reported his total assets at 1.2 billion won — roughly $834,356 at the time of publication — in 2021, despite owning 9.9 billion in digital assets, and also concealed 990 million won worth of crypto holdings in 2022. Read More:https://cointelegraph.com/news/south-korean-prosecutors-sentence-lawmaker-cashed-crypto
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Trump meets with Cryptocom CEO as firm drops SEC lawsuit The meeting came the same day Cryptocom dropped its lawsuit against the US Securities and Exchange Commission (SEC). In a Dec. 16 filing in the US District Court for the Eastern District of Texas, the crypto exchange voluntarily dismissed a suit against the SEC and its commissioners with prejudice. After receiving a Wells notice — warning of potential enforcement action — Marszalek said in October that the exchange would be filing a suit against the SEC “to protect the future of crypto.” A Crypto.com spokesperson told Cointelegraph that the firm withdrew the lawsuit “given [its] intent to work with the incoming administration on a regulatory framework for the industry.” Read More: https://cointelegraph.com/news/donald-trump-crypto-ceo-kris-marszalek
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