Bitcoin price drops 1.5% on Fed rate cut gloom as $88K remains in play
Bitcoin ends a run of 14 consecutive green candles as markets price out the odds of further interest rate cuts in 2025. Go to Source
Bitcoin
Auto Added by WPeMatico
Sen. Ted Cruz: Fighting regulatory overreach, championing Bitcoin
In an interview with Cointelegraph, US Senator Ted Cruz discusses Bitcoin’s role in driving small business growth, its potential as a hedge against inflation, and why Texas is becoming a top crypto hub. Go to Source
Russia seizes $10M in Bitcoin from ex-official in bribery case
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet. Go to Source
Bitcoin speculators panic sell at $92K in ‘good time for accumulation’
Bitcoin short-term holders are potentially giving the market a classic “buy the dip” signal, new research from CryptoQuant says. Go to Source
Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst
Real Vision CEO Raoul Pal says the next phase of the Banana Zone will be an altcoin season “when everything goes up” followed by a bigger consolidation. Go to Source
Bitcoin’s Trump trade dented by rising yields and strong US dollar
Bitcoin’s ability to hold the $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Go to Source
Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust
Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in Thailand’s Chon Buri province seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity from … Read more
Cypherpunk Nick Szabo joins Samson Mow’s JAN3 as chief scientist
“We are very proud of the addition of Nick to the Jan3 team as we ramp up efforts to accelerate the global adoption of Bitcoin,” wrote Mow. Go to Source
Massive Crypto ETF Exodus: $742M Vanishes Overnight
Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in … Read more
Bitcoin Meets AGI: Could AI’s Evolution Lead to Bitcoin Becoming Its Default Currency?
Earlier this week, a Reddit post sparked a thoughtful discussion about artificial intelligence (AI) potentially adopting bitcoin in the era of artificial general intelligence (AGI). The conversation revolved around the idea that, as AI matches or surpasses human-level intelligence across a wide array of tasks, it might naturally turn to bitcoin as the leading cryptocurrency. … Read more
