Crypto News
Bitcoin Revisits $100K as Trump Inauguration May Spur a Breakout: Van Straten
On Wednesday, bitcoin (BTC) briefly exceeded $100,000 for the fourth time, with trader sentiment switching to greed from fear as the price ranges between $90,000 and the six-figure level.The largest cryptocurrency may take several attempts to push through $100,000, as previous CoinDesk research showed.Since touching an all-time high of around $108,000 on Dec. 17, bitcoin has put in a series of lower highs, just as it did during 2024's seven-month consolidation.However, the $90,000 price level remains firm. It has provided critical support, and bitcoin has stayed above it since Nov. 18, other than briefly dropping below on Jan. 13. The catalyst for a break in either direction could be President-elect Donald Trump's inauguration on Jan. 20.Monitoring leverage is also a...
Litecoin Price Jumps Double-Digits As ETF Speculation Ramps Up
Litecoin has surged to a four-week high as an amended S-1 filing hints at “SEC engagement” over a spot ETF.Source link
Russian National Jailed for Funding Ukrainian Forces With Crypto
A Russian national was sentenced to seven years in prison for high treason involving cryptocurrency. The individual repeatedly transferred funds to a unit of the Ukrainian Armed Forces using crypto. Russian National Sentenced to 7 Years in Jail for Using Crypto to Fund Ukrainian Forces One of the first cases involving crypto funding and treasonSource link
Bitcoin Poised to Top Record as Trump Inauguration Nears, Major Coins Due for 10% Swings: Traders
Crypto traders are optimistic again, anticipating bitcoin (BTC) will surpass record highs amid volatile trading as pro-crypto President-elect Donald Trump's inauguration on Jan. 20 nears. The price of bitcoin, the biggest cryptocurrency, has risen 11% from Monday's lows under $90,000. It has jumped nearly 3% in the past 24 hours, topping $100,000 at one point, CoinDesk data show.The move into the six figures that spurred risk-taking in the broader market followed a softer-than-expected core CPI report, which alleviated hawkish Fed fears that had driven prices lower. Instead, markets are focusing on Trump's swearing-in and a potential pro-crypto announcement on the first day of the office."The removal of inflation fears clears the way for bitcoin to break through the strong $100,000...
AI Agents Can Play Vital Role in Crypto Ecosystem: Franklin Templeton Report
The explosive growth of AI agents demonstrates their rising popularity with their combined appeal of technical innovation and market influence. AI Agents in the Crypto Ecosystem Artificial Intelligence (AI) is becoming a transformative force in the crypto industry, according to Franklin Templeton Digital Assets’ latest report, “The Convergence of Artificial Intelligence Agents and the CryptocurrencySource link