Give me a summary of the latest crypto news today
Fere Pro Created at: 09 January, 2025 12:22 PM
Here's a summary of the latest crypto news from the past 24 hours:
-
Bitcoin Price Slips Below $93K
- Bitcoin (BTC) has dropped to a low of $92,600, erasing its early 2025 gains amid macroeconomic concerns. The price recently traded at $94,300, down 25% over the past 24 hours. The sell-off liquidated nearly $1 billion in leveraged positions.
Read more
- Bitcoin (BTC) has dropped to a low of $92,600, erasing its early 2025 gains amid macroeconomic concerns. The price recently traded at $94,300, down 25% over the past 24 hours. The sell-off liquidated nearly $1 billion in leveraged positions.
-
DOJ Cleared to Sell $6.5B in Bitcoin from Silk Road
- The U.S. Department of Justice has been authorized to sell approximately 69,370 BTC seized from the Silk Road, valued at around $6.5 billion. This decision ends a long legal dispute over the ownership of these assets.
Read more
- The U.S. Department of Justice has been authorized to sell approximately 69,370 BTC seized from the Silk Road, valued at around $6.5 billion. This decision ends a long legal dispute over the ownership of these assets.
-
Crypto Prices Under Pressure from Rising Yields
- Rising government bond yields are impacting crypto prices, with the U.S. 10-year Treasury yield nearing a multi-year high. This shift has led to increased volatility in the crypto market.
Read more
- Rising government bond yields are impacting crypto prices, with the U.S. 10-year Treasury yield nearing a multi-year high. This shift has led to increased volatility in the crypto market.
-
Ripple CEO Meets with Donald Trump
- Ripple's CEO Brad Garlinghouse attended a private dinner with President-elect Donald Trump, highlighting Ripple's efforts to strengthen its presence in the U.S. market.
Read more
- Ripple's CEO Brad Garlinghouse attended a private dinner with President-elect Donald Trump, highlighting Ripple's efforts to strengthen its presence in the U.S. market.
-
Crypto Liquidations Exceed $700 Million
- The crypto market saw over $712 million in liquidations as Bitcoin's price fell to $95,000. Long positions were particularly affected, with significant activity recorded on Binance.
Read more
- The crypto market saw over $712 million in liquidations as Bitcoin's price fell to $95,000. Long positions were particularly affected, with significant activity recorded on Binance.
-
Top Crypto Adopters in 2025
- The cryptocurrency industry is expected to see increased institutional adoption and regulatory clarity in 2025, following a record-breaking year in 2024.
Read more
- The cryptocurrency industry is expected to see increased institutional adoption and regulatory clarity in 2025, following a record-breaking year in 2024.
-
XRP ETF Launch Expected Soon
- Ripple anticipates that an XRP ETF will launch soon after Bitcoin and Ethereum ETFs, with expectations of expedited approvals under the new administration.
Read more
- Ripple anticipates that an XRP ETF will launch soon after Bitcoin and Ethereum ETFs, with expectations of expedited approvals under the new administration.
-
Bhutan Plans Strategic Crypto Reserve
- Bhutan's Gelephu Mindfulness City aims to establish a strategic reserve of major cryptocurrencies, including Bitcoin and Ether, to enhance economic resilience.
Read more
- Bhutan's Gelephu Mindfulness City aims to establish a strategic reserve of major cryptocurrencies, including Bitcoin and Ether, to enhance economic resilience.
-
Kazakhstan Liquidates 36 Crypto Exchanges
- Kazakhstan has liquidated 36 unauthorized crypto exchanges with a turnover of over $100 million as part of its crackdown on illegal crypto activities.
Read more
- Kazakhstan has liquidated 36 unauthorized crypto exchanges with a turnover of over $100 million as part of its crackdown on illegal crypto activities.
-
Thailand Launches Crypto Payment Trial
- Thailand is set to trial Bitcoin payments in Phuket, allowing tourists to use Bitcoin for transactions, marking the country's first government-backed initiative in the tourism sector.
Read more
- Thailand is set to trial Bitcoin payments in Phuket, allowing tourists to use Bitcoin for transactions, marking the country's first government-backed initiative in the tourism sector.
These articles highlight significant developments in the crypto market, including price fluctuations, regulatory actions, and new initiatives in various countries.