The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve. The Prime Minister of Japan says his government currently lacks enough information about the United States and other countries’ plans for a Bitcoin strategic reserve to determine whether Japan should implement one. According to…
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Ethereum’s relative strength to Bitcoin may climb in January, which an analyst says might trigger an Ethereum “altcoin run.” Ether is showing signs of breaking out relative to Bitcoin in January 2025, according to a crypto analyst. TradingView shows Ether’s relative strength to Bitcoin — the ETH/BTC ratio — is currently at 0.0356. MN Capital founder Michael…
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BlackRock’s Bitcoin ETF saw a record outflow on Christmas Eve amid a four-trading day outflow streak from US Bitcoin funds. BlackRock’s Bitcoin exchange-traded fund (ETF) saw its largest-ever single-day outflow as Bitcoin funds notched a fourth straight trading day of outflows totaling more than $1.5 billion. BlackRock’s iShares Bitcoin Trust ETF (IBIT) hit $188.7 million…
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The post-quantum era is still “several decades away,” but it could be a net positive for the Bitcoin network’s security. Advancements in quantum computing have the potential to strengthen the Bitcoin network in the coming decades, even though there are widespread concerns about the technology’s ability to compromise cryptographic encryption. Industry insiders have previously voiced…
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Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns. Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency. Bitcoin’s price is currently down over 10% from its all-time…
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BTC price downside is due to produce new long-term lows before recovering, according to an analyst who predicted the breakout to $95,000. Bitcoin faces a tough battle for support after a macro scare stopped the bull market in its tracks. Bitcoin BTC$96,517 price losses have passed $12,000 in two days, but crypto traders and analysts are now…
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Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation. Bitcoin and the wider crypto market sold off as the Fed announced a 25 basis point rate cut to its benchmark policy rate and signaled that fewer rate cuts than initially planned could take place in…
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Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren’t convinced there’ll be much demand for them. An exchange-traded fund (ETF) tracking both Bitcoin and Ether is expected to be the first in a “wave” of new crypto funds in 2025, says senior Bloomberg ETF analyst…
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Metaplanet projects it will turn its first operating profit since 2017 and said it wants to go beyond just buying Bitcoin as part of its treasury strategy. Bitcoin stacking firm Metaplanet expects to record its first consolidated operating profit in seven years just months after adding Bitcoin its balance sheet for the first time. The…
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The Bitcoin funding rate over the 30-day EMA signals “no visible signs of late-cycle overheating,” according to a crypto analyst. The Bitcoin funding rate signals that the market is not overly frothy and shows no signs of Bitcoin’s price peaking too early in the cycle, according to a crypto analyst. “Analyzing the funding rate using…
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