Bitcoin news
With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics https://heart-band.com/. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.
Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar.
In this case, Bitcoin is approaching a critical support level near $69,000. Santana argued that a breakdown below this level would validate the bearish structure, potentially setting Bitcoin toward much lower levels, with a possible test of $40,000.
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SHIB’s popularity on Mudrex is ranked #2, indicating strong user interest. The tokenomics system includes a burning mechanism to reduce supply and a governance system allowing community participation. While specific comparative data with major cryptocurrencies isn’t available in the provided data, the market cap suggests it’s a significant player in the meme coin space.
Bitcoin, the world’s first and most valuable cryptocurrency, continues to dominate the digital asset landscape with a market capitalisation exceeding $4 trillion as of January 2025. Created in 2008 by the pseudonymous Satoshi Nakamoto, this decentralised digital currency operates on a peer-to-peer network, with millions of users worldwide and increasing institutional adoption.
Shiba Inu (SHIB), the Ethereum-based decentralized cryptocurrency, is currently showing modest gains. As a community-driven project inspired by the Shiba Inu dog breed, SHIB aims to provide a fun and engaging experience for its users. It’s often referred to as the “Dogecoin Killer” due to its similar culture and community focus.
Bitcoin (BTC) is currently trading at $108,654.5, demonstrating a positive trend with a 2.59% increase in the last 24 hours. The cryptocurrency maintains its position as the most popular digital asset, reflected in its #1 ranking.
Beyond its financial aspects, Bitcoin has become a cultural phenomenon, spawning a vibrant community of developers, entrepreneurs, and advocates. Local Bitcoin meetups, educational initiatives, and community-driven projects continue to emerge worldwide. The technology has also enabled innovative solutions for cross-border payments, charitable giving, and financial inclusion, particularly in regions with limited access to traditional banking services.
Today bitcoin news
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $107,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 53 (Neutral) out of 100, as per CoinMarketCap data. PENDLE turned out to be the biggest gainer today, with a 24-hour jump of over 8 percent. JITO turned out to be the biggest loser today, with a 24-hour dip of nearly 7 percent.
The RBI has granted Yes Bank’s MD & CEO, Prashant Kumar, a six-month extension until October 2025. This decision arrives amidst stake sales by original rescue investors, paving the way for Sumitomo Mitsui’s 20% acquisition. Despite this development, Yes Bank’s stock closed lower, trading below Sumitomo’s purchase price, with analysts suggesting a potential downside.
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin briefly reclaimed the $108,000 level as strong institutional interest lifted market sentiment. Strategy’s $1.05 billion acquisition of 10,100 BTC and Metaplanet’s crypto reserves crossing the 10,000 BTC mark helped fuel bullish momentum in the asset, despite geopolitical tensions. Meanwhile, Ethereum whale accumulation jumped by over 818,000 ETH, marking the highest daily inflow in more than six years, supporting ETH above $2,500. Currently trading near $107,000, Bitcoin faces major resistance at $110,300, while support stands at $105,800.”
XChat’s encrypted feature is similar to what Meta Platforms like WhatsApp and Instagram are trying to achieve. WhatsApp uses a protocol for full end-to-end encryption. Messenger and Instagram are rolling out E2E encryption across chats gradually. The shift highlights a broader trend towards user privacy and autonomy.
Indian markets ended higher on Monday, with Nifty reaching an eight-month high and banking stocks rallying to record levels, driven by RBI’s surprise easing, strong U.S. jobs data, and progress in global trade discussions.
Elon Musk is shifting his focus back to his businesses, with xAI seeking $5 billion to expand its AI footprint and Neuralink securing $650 million after successful clinical trials of its brain implant devices. X is rolling out XChat, a new direct message service, while Tesla appears hesitant to establish manufacturing in India despite initial interest.
