Crypto News
Bitcoin to Hit Record Around $185K in 2025 as Nation States Buy: Galaxy Research
Bitcoin (BTC), the world's largest cryptocurrency, is likely to reach new highs next year and will "test or best" $185,000 in the fourth quarter of 2025, Galaxy Research said in a report last week.Ether (ETH), the second-largest crypto, is predicted to rise above $5,500 in the next 12 months, the report said."A combination of institutional, corporate and nation state adoption will propel bitcoin to new heights in 2025," wrote Alex Thorn, Galaxy's head of research.Galaxy said it expects five Nasdaq-100 companies and five nation states to say they have added bitcoin to their balance sheets or sovereign wealth funds next year, and competition among these countries will drive the next wave of adoption, the report said.The total assets under management...
Bitcoin Market Cap to Reach 20% of Gold’s: Galaxy Research
Galaxy Research predicts a bullish year for Bitcoin in 2025, projecting prices to surpass $150,000 and potentially reach $185,000 in Q4. Bitcoin Market Cap to Reach 20% of Gold’s Galaxy Research, an arm of the digital asset management firm Galaxy, projects bitcoin (BTC) to surpass $150,000 in the first half of 2025 and may evenSource link
Latam Insights: El Salvador’s Bitcoin Christmas Buying Spree, Argentina’s Tether Freeze
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador continues buying bitcoin despite IMF’s requirements, the Argentine justice system orders freezing USDT for the first time, and a Brazilian congresswoman warns about the dangersSource link
XRP Sinks 5% to Lead Crypto Losses as Strong Dollar Rattles Bitcoin Bulls
XRP led crypto losses on the second-last day of this year as a stronger dollar weighed down global currencies and assets including bitcoin, with Asian equity markets sliding lower on Monday.XRP sunk more than 5% in the past 24 hours, with dogecoin (DOGE), Solana’s SOL, ether (ETH) and BNB falling as much as 2%. Overall market capitalization fell 3%, while the broad-based CoinDesk 20 (CD20), an index tracking the largest tokens, minus stablecoins, shed 3.5%.US equities declined on Friday and as investors trimmed positions amid uncertainty heading into year-end. An Asia Pacific index reversed 5-day gains, while futures contracts on U.S. indexes S&P 500 and Nasdaq pointed to losses in the U.S. session as of Asian afternoon hours.BTC has historically...
Russia’s Biggest Bank Joins Digital Ruble Push – New Era of Transactions Begins
Russia’s largest bank, Sberbank, has joined the expanding digital ruble pilot, signaling stronger momentum as the country advances its central bank digital currency initiative. Russia Expands Digital Ruble Pilot with Key Banking Giants Sberbank, Tbank, and Tochka Bank have officially joined Russia’s digital ruble pilot program, the Central Bank of Russia has revealed through itsSource link