Bitcoin sellers wait at $104K as Fed faces Trump rates pressure at FOMC
Bitcoin traders weigh the impact of US President Donald Trump’s interest rate demands on a hawkish Federal Reserve.
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Bakkt’s Bitcoin Futures Volume Explodes 260% to Trade $11M in 24 Hours
Institutional Bitcoin (BTC) trading platform Bakkt is on course to treble its all-time high for trade volume after hitting new records last week. Bakkt Frontruns China HypeAccording to data from Twitter-based monitoring resource Bakkt Volume Bot on Oct. 26, Bakkt traded 1,183 Bitcoin futures contracts, or 1,183 BTC ($11 million) on Friday. Compared to just 331 contracts…

Major Spanish Bank Latest to Bring Blockchain Into European Finance
On Jan. 3 Spain-based CaixaBank added the blockchain-powered finance platform We.trade to its list of services. CaixaBank has now become one of the first banks in Europe to provide its customers access to blockchain technology.Launched in 2017, We.trade is a finance platform powered by IBM’s blockchain technology. It was developed by a consortium of 15 financial…

Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has declined to $39.4 million in the current market conditions. 743 Total views 5 Total shares As the world’s first nation to adopt Bitcoin (BTC) as a legal tender in September 2021, El Salvador is going…

Solana TVL drops 40% as SOL price risks further losses to $110
Solana’s (SOL) price trades 52% below its all-time high of $295 on Jan. 19. The 41% drawdown over the last month accompanies a 40% drawdown in the total value locked on Solana, with SOL’s technical setup pointing to further losses ahead. Solana TVL drops $5B in 30 days The total value locked (TVL) on the

NFT trading volume has tumbled 63% since December
The trading volumes of non-fungible tokens (NFTs) last month were down by more than 60% from December despite building momentum in the final months of 2024, with the fall coinciding with a crypto market downturn. In December, the total trading volumes for NFTs hit $1.36 billion but fell 26% in month-on-month January, then another 50%

China is studying crypto as an investment tool, says PBoC deputy governor
The central bank official said stablecoins issued by private companies may require "stronger regulatory rules" than Bitcoin. 2981 Total views 33 Total shares Li Bo, recently appointed deputy governor of the People’s Bank of China, or PBoC, reportedly spoke on the benefits of crypto as an investment tool while highlighting regulatory uncertainty in the country…

Analysts say Bitcoin price is in the ‘profit-taking’ zone with a ceiling at $45K
The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and rising inflation have prompted warnings that the Fed's upcoming interest rate hikes could do more damage then good to the state of the market.Data from Cointelegraph Markets Pro and TradingView shows that the…

Crypto miners exempt from IRS reporting rules, US Treasury affirms
The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations. 528 Total views 8 Total shares The cryptocurrency industry in the United States is about to score a major legal win as the U.S. Treasury Department plans to spare crypto miners, and other "ancillary parties"…