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Bringing you the latest Crypto currency news and updates from the world of blockchain and digital assets.
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Bitcoin Eyes $100K Return on Strategy (formerly MicroStrategy) News
While investors monitor SEC activity and Ripple case-related news, bitcoin (BTC) is eying a return to $100K.
On Wednesday, February 19, Strategy (formerly MicroStrategy) Chairman and Founder Michael Saylor announced a $2 billion public offering of convertible senior notes. The announcement comes at a pivotal time for BTC, which has failed to break above $100k for twelve consecutive sessions.
Supply-demand trends have recently shifted as investors await fresh catalysts to influence BTC price action.
$BTC #TradeFiRevolution
While investors monitor SEC activity and Ripple case-related news, bitcoin (BTC) is eying a return to $100K.
On Wednesday, February 19, Strategy (formerly MicroStrategy) Chairman and Founder Michael Saylor announced a $2 billion public offering of convertible senior notes. The announcement comes at a pivotal time for BTC, which has failed to break above $100k for twelve consecutive sessions.
Supply-demand trends have recently shifted as investors await fresh catalysts to influence BTC price action.
$BTC #TradeFiRevolution
Blockchain Association, an established advocacy organization in the United States focused on the crypto and blockchain industry, has announced a record-breaking membership milestone. Earlier on Thursday, the Blockchain Association announced that it had enlisted 16 new members to further support pro-innovation national policy and regulatory framework for the cryptocurrency industry.
The organization welcomes more than a dozen well-funded Web3 projects, thus totaling its members to almost 100. Some of the distinguished projects and organizations that joined the Blockchain Association include Chainlink Labs, Zcash Foundation, Uniswap Foundation, Polymer Labs, Jito, Flow Traders, Alchemy, FalconX, and Sky Mavis, among others.
#ActiveUserImpact
The organization welcomes more than a dozen well-funded Web3 projects, thus totaling its members to almost 100. Some of the distinguished projects and organizations that joined the Blockchain Association include Chainlink Labs, Zcash Foundation, Uniswap Foundation, Polymer Labs, Jito, Flow Traders, Alchemy, FalconX, and Sky Mavis, among others.
#ActiveUserImpact
Chainlink Labs, Uniswap Foundation Among 16 Projects Joining Blockchain Association
The US-based crypto advocacy group Blockchain Association achieves a milestone by adding 16 prominent web3 projects, bringing total membership close to 100.
#PriceTrendAnalysis
The US-based crypto advocacy group Blockchain Association achieves a milestone by adding 16 prominent web3 projects, bringing total membership close to 100.
#PriceTrendAnalysis
Onchain analysis is the examination of blockchain data to understand transaction patterns, asset movements, and network health.
It provides unique insights into market movements, absent in traditional finance, providing participants with a different approach to research and due diligence.
Onchain analysis can be a new framework for crypto valuation which allows users to establish an edge.
#OnChainInsights
It provides unique insights into market movements, absent in traditional finance, providing participants with a different approach to research and due diligence.
Onchain analysis can be a new framework for crypto valuation which allows users to establish an edge.
#OnChainInsights
Litecoin Price Forecast: $500M Whale demand could revive LTC rally as Franklin Templeton triggers sell-off
LTC quickly retraced 5% from its 30-day peak, settling at $127.8 at press time on Thursday.
The abrupt pullback follows a remarkable 42% rally over the previous 15 days, with prices soaring as high as $136 on Tuesday before cooling off.
Despite the rejection at $130, on-chain metrics suggest that the underlying market fundamentals remain strong, pointing toward a potential recovery.
$LTC
LTC quickly retraced 5% from its 30-day peak, settling at $127.8 at press time on Thursday.
The abrupt pullback follows a remarkable 42% rally over the previous 15 days, with prices soaring as high as $136 on Tuesday before cooling off.
Despite the rejection at $130, on-chain metrics suggest that the underlying market fundamentals remain strong, pointing toward a potential recovery.
$LTC
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$XRP BREAKING: $23B AUM Canadian asset management company Purpose Investments submits preliminary prospectus for a Ripple $XRP spot ETF.
$SOL Solana ETF: There's speculation about a potential Solana ETF approval, which could push SOL's price to $500. However, it's essential to note that this is still uncertain .
#SOLETFsOnTheHorizon The Solana Foundation has released an Energy Impact Report, highlighting the network's environmental impact and efforts to mitigate it.
Need to catch up on the news? Here’s what happened in crypto today:
🔸 Solana-based DEX Jupiter acquires majority stake in Moonshot.
🔹 Nasdaq proposes amendment to BlackRock’s Bitcoin ETF for in-kind redemptions.
🔸 Andreessen Horowitz to close UK office to focus on US crypto efforts.
#USConsumerConfidence #TrumpCryptoOrder
🔸 Solana-based DEX Jupiter acquires majority stake in Moonshot.
🔹 Nasdaq proposes amendment to BlackRock’s Bitcoin ETF for in-kind redemptions.
🔸 Andreessen Horowitz to close UK office to focus on US crypto efforts.
#USConsumerConfidence #TrumpCryptoOrder
#USConsumerConfidence
It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th.
It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th.
#USConsumerConfidence US consumer confidence took a hit in December, with the Consumer Confidence Index declining by 8.1 points to 104.7 . This drop was largely driven by concerns about the future, with the Expectations Index tumbling 12.6 points to 81.1. This is just above the threshold of 80, which usually signals a recession ahead.
Consumers' assessments of current business conditions also eroded somewhat, with 19.1% saying conditions were "good," down from 21.6% in November . However, their appraisals of the labor market improved, with 37% saying jobs were "plentiful," up from 33.6% in November.
It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th.
Consumers' assessments of current business conditions also eroded somewhat, with 19.1% saying conditions were "good," down from 21.6% in November . However, their appraisals of the labor market improved, with 37% saying jobs were "plentiful," up from 33.6% in November.
It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th.
The current price of BNB is around $681.77, with a market capitalization of $97.15 billion.
Experts predict that BNB's price will fluctuate between $610.33 and $655.81 in January 2025, with an average trading price of $633.07. For 2025, the minimum price is expected to be around $883.20, with a maximum price of $1,020 .
The technical analysis of BNB's price suggests a bearish trend in the short term, with a 50-day moving average indicating a weakening trend. However, the 200-day moving average shows a long-term bullish trend.
BNB is currently ranked #6 in the crypto ecosystem, with a circulating supply of 142.48 million BNB. The coin has shown strong potential lately, with a 9.1% increase in price over the last 7 days.
$BNB
Experts predict that BNB's price will fluctuate between $610.33 and $655.81 in January 2025, with an average trading price of $633.07. For 2025, the minimum price is expected to be around $883.20, with a maximum price of $1,020 .
The technical analysis of BNB's price suggests a bearish trend in the short term, with a 50-day moving average indicating a weakening trend. However, the 200-day moving average shows a long-term bullish trend.
BNB is currently ranked #6 in the crypto ecosystem, with a circulating supply of 142.48 million BNB. The coin has shown strong potential lately, with a 9.1% increase in price over the last 7 days.
$BNB
US consumer confidence took a hit in December, with the Consumer Confidence Index declining by 8.1 points to 104.7 . This drop was largely driven by concerns about the future, with the Expectations Index tumbling 12.6 points to 81.1. This is just above the threshold of 80, which usually signals a recession ahead.
Consumers' assessments of current business conditions also eroded somewhat, with 19.1% saying conditions were "good," down from 21.6% in November . However, their appraisals of the labor market improved, with 37% saying jobs were "plentiful," up from 33.6% in November.
It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th
.#USConsumerConfidence
Consumers' assessments of current business conditions also eroded somewhat, with 19.1% saying conditions were "good," down from 21.6% in November . However, their appraisals of the labor market improved, with 37% saying jobs were "plentiful," up from 33.6% in November.
It's worth noting that consumer confidence has been volatile in recent months, with the index improving in November, but declining in December . The Conference Board, which releases the index, will provide an update on January 28th
.#USConsumerConfidence
Need to catch up on the news? Here's our top 10 from today:
🔸Ripple requests April 16, 2025 deadline to file its opening brief in the ongoing lawsuit against the SEC.
🔹Solana flipped Sony in market cap.
🔸Andreessen Horowitz is closing its London office and shifting focus back to the US.
🔹House Oversight Committee Chairman James Comer is launching an investigation on the improper debanking of major crypto companies.
🔸US spot #Bitcoin ETFs recorded over $3.6B of inflows over the past 6 days
🔹Morgan Stanley CEO Ted Pick said the bank is working with Treasury and other regulators to offer crypto transactions.
🔸Semler Scientific set to raise $75 million to acquire more #Bitcoin.
🔹Silk Road founder Ross Ulbricht posted his first update after release, thanking President Trump for granting him a full pardon.
🔸Senator Elizabeth Warren asked US financial regulators and the government ethics office to probe the ethical and legal concerns around Trump’s crypto tokens.
🔸Ripple requests April 16, 2025 deadline to file its opening brief in the ongoing lawsuit against the SEC.
🔹Solana flipped Sony in market cap.
🔸Andreessen Horowitz is closing its London office and shifting focus back to the US.
🔹House Oversight Committee Chairman James Comer is launching an investigation on the improper debanking of major crypto companies.
🔸US spot #Bitcoin ETFs recorded over $3.6B of inflows over the past 6 days
🔹Morgan Stanley CEO Ted Pick said the bank is working with Treasury and other regulators to offer crypto transactions.
🔸Semler Scientific set to raise $75 million to acquire more #Bitcoin.
🔹Silk Road founder Ross Ulbricht posted his first update after release, thanking President Trump for granting him a full pardon.
🔸Senator Elizabeth Warren asked US financial regulators and the government ethics office to probe the ethical and legal concerns around Trump’s crypto tokens.
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