Prediction Market Data Shows Waning Confidence in January Bitcoin Breakout

Bitcoin dipped to an intraday low of $89,343 on Thursday, Jan. 8, before stabilizing just above $90,000 by 11:25 a.m. EST, as prediction markets collectively pared back expectations for a six-figure January move. $100K Still Possible, but January Odds Are Sliding Across major prediction platforms, traders have been steadily dialing down the odds that bitcoin … Read more

Florida Just Proposed a Bill for a Strategic Cryptocurrency Reserve, but Bitcoin Hasn’t Budged

The new proposal could put Florida in rare company with three other states that have successfully passed crypto reserve legislation. Bitcoin Flat After Florida Proposal for State Crypto Reserve Florida Republican John Snyder has been bullish on crypto for years. So on Wednesday, when the 38-year-old legislator filed House Bill 1039 to establish the Florida … Read more

Bitcoin ETFs Shed $486 Million as XRP Sees First-Ever Outflows

Crypto ETFs faced broad pressure midweek as bitcoin and ether both moved sharply lower. XRP recorded its first-ever day of net outflows, while solana stood alone in positive territory. Crypto ETFs Retreat as Bitcoin, Ether and XRP Dump Over $620 Million Risk appetite faded across U.S. spot crypto exchange-traded funds (ETFs) as selling pressure resurfaced … Read more

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