BITX250110C45000
- 7.85
- -9.30-54.23%
2x Bitcoin Strategy ETF Newsroom
Daily Summary of Digital Currency Updates (2025-01-10)
In a report on Monday, a Citigroup Analyst stated that given Ethereum is the only major crypto (besides Bitcoin) approved as the basis for a spot ETF, it could be a target for rotation.
Express News | Several CEOs of cryptocurrency companies are currently seeking opportunities to meet with Trump himself.
Crypto Today: BTC Traders Hold $90K Support as SUI, LTC, TIA See Green
The price of Bitcoin has been under pressure for several consecutive days, with bearish factors involving the USA Department of Justice and Musk.
① Concerns regarding the USA government's handling of the involved Bitcoin have once again triggered short-term price fluctuations; ② Musk commented this week that if the dollar inflation problem is resolved, then the dollar price of Cryptos should fall. ③ The ongoing expectation of tightening dollar liquidity is also putting pressure on alternative Assets.
The big pancake keeps falling! Is the bull market over or just a temporary pullback? Is there still an opportunity to strategize now?
Under the dual pressure of turmoil in the Global bond market and uncertain economic prospects, the Cryptos market has significantly retraced for the second consecutive day. After Bitcoin lost the $0.1 million threshold, it continued to decline today (9th), at one point dropping below $0.093 million, erasing almost all gains since the beginning of the year. As of the time of publication, it has rebounded to around $93,000.
US Court Approves Sale of $6.5b Silk Road Bitcoin
Bitcoin Price Forecast: BTC Falls Below $94,000 as Over $568 Million Outflows From ETFs
Just now! The USA government confirmed significant Bearish news: the "diamond hands" whales entered the market and made a huge profit of 9.98 million dollars.
Before the news that the USA government approved the sale of 6.5 billion dollars in Bitcoin was released, a big whale took the opportunity to enter short-term Trade and successfully profited 9.98 million dollars.
Beware of these "four fires" on Trump's first day in office!
On the first day of Trump's presidency, significant actions will be taken on tariffs, Cryptos, Energy, and immigration issues.
Citigroup: 2025 will be the year of altcoins.
Citibank Analysts indicate that the new policy support will help consolidate the legitimacy of altcoins in the market, which may drive up the prices.
The market has suddenly experienced a downturn! Two weeks before Trump's inauguration, USA officials confirmed a major Bearish announcement...
FX168 Financial News Agency (Asia-Pacific) reported that on Thursday (January 9), Bitcoin bulls faced resistance in the rebound, and the price fell again to around $94,000.
Bitcoin Struggles as Bull Market Grinds to a Halt: Where Is Crypto Headed?
Cryptocurrencies Price Prediction: Bitcoin, XRP & Crypto – European Wrap 8 January
BTC/USD – Potential for Another Drop [Video]
Is Bitcoin Falling in Wave 3? Sharp Drop Below 103k – Should You Be Worried?
Crypto Stumbles on the Upswing
Bitcoin Dominance Hits Death Cross – Its Memecoins Vs. Altcoins Now
The crypto market is reigniting enthusiasm! Bitcoin has returned above 0.1 million dollars, and miners are stockpiling coins. Is the market preparing for the "Trump administration rally" in advance?
In fact, Bitcoin has a strong cyclical utility. From Historical Data, Bitcoin has shown considerable performance in the first quarter of the second year after each halving. Specifically, the first quarter of 2013 saw an increase of 539%, in 2021 an increase of 103%, and in 2017 an increase of 12%. The fourth halving will occur on April 20, 2024, so the market is closely monitoring Bitcoin's performance in the first quarter of 2025.
The market enthusiasm is reignited! The spot Bitcoin ETF has attracted nearly 1 billion dollars in a single day, reversing the ongoing Outflow.
① Data from Farside Investors shows that last Friday, the single-day spot Bitcoin ETF attracted $0.9081 billion in funds, marking the largest single-day inflow since the end of November 2024; ② this single-day inflow reversed a trend of outflows that had persisted for several weeks; ③ Bitcoin's price is approaching $0.102 million, having risen 11% in a week, reflecting a resurgence of market optimism toward Bitcoin.
The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".
It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.