Breaking News: BITCOIN – Market Insights, Analysis & Latest Updates

JPMorgan says bitcoin has highest correlation with Russell 2000 tech sector

JPMorgan analysts found bitcoin's correlation with small-cap tech stocks strongest, linked to retail investor behavior and technological innovation, especially during significant market shifts.

theblock.co • 30/01/2025 - 10:30 AM

The Daily: Trump Media approves Truth.Fi launch and crypto investments, Robinhood teases bitcoin futures trading and more

Trump Media launches Truth.Fi for crypto investments, Robinhood hints at futures trading, and Czech bank explores bitcoin reserves amid ongoing crypto developments.

theblock.co • 29/01/2025 - 18:32 PM

Phantom wallet adds support for Layer 1 Sui in latest multi-chain push

Phantom wallet now supports Sui blockchain, enabling management of SUI and interaction with dApps, as part of its multi-chain expansion strategy aimed at enhancing user experience in crypto.

theblock.co • 29/01/2025 - 14:00 PM

The Daily: French authorities escalate probe into Binance, US Senate confirms pro-crypto Scott Bessent as Treasury Secretary and more

The article discusses crypto developments, including a Binance probe, Scott Bessent's Treasury nomination, Metaplanet's bitcoin purchase plan, and digital payment advancements by Elon Musk's X platform.

theblock.co • 28/01/2025 - 18:29 PM

HIVE Digital set to acquire Bitcoin miner Bitfarms' 200 MW Paraguay site in $85 million deal

HIVE Digital has agreed to acquire Bitfarms’ 200 MW facility in Paraguay for $56 million, plus approximately $19 million in power deposit reimbursements and $10 million in remaining capital obligations. Following completion, HIVE plans to increase its Bitcoin hashrate by 400% from 6 EH/s to 25 EH/s by September.

theblock.co • 28/01/2025 - 12:58 PM

'Crypto is back': Various investor groups see a need to ramp up amid US political shift, Bernstein says

Bernstein analysts note renewed investor interest in crypto, citing a $200,000 Bitcoin target by 2025, focus on stablecoins and MicroStrategy's influence on the market.

theblock.co • 28/01/2025 - 11:04 AM

BITCOIN

Mad Money host Jim Cramer says 'you should own Bitcoin' instead of MicroStrategy

Jim Cramer advises buying Bitcoin over MicroStrategy, highlighting its direct exposure and expressing fluctuating views on cryptocurrencies. Bitcoin is currently priced above $100,000.

theblock.co • 28/01/2025 - 10:23 AM

BITCOIN

Japan’s Metaplanet plans to raise $745 million via stock warrants to buy more bitcoin

Metaplanet plans to raise 116 billion yen to buy more Bitcoin, aiming for 10,000 BTC by year-end, highlighting significant growth since adopting the Bitcoin Standard.

theblock.co • 28/01/2025 - 09:46 AM

The Daily: Crypto markets go risk-off amid DeepSeek disruption, Ripple grows its US domestic footprint and more

Cryptocurrencies began the week in risk-off mode, driven by macroeconomic uncertainty ahead of Thursday’s FOMC meeting and Chinese free and open-source app DeepSeek’s AI breakthrough disrupting tech markets. Erik Voorhees’ privacy-focused AI platform Venice has launched its VVV token on the Ethereum Layer 2 Base, with 50% of the initial 100 million supply airdropped to users and AI community projects.

theblock.co • 27/01/2025 - 18:40 PM

Standard Chartered analyst says 'buy the dip' amid bitcoin-Nasdaq 'correlation pain'

Geoffrey Kendrick of Standard Chartered suggests buying bitcoin dips amid its increasing correlation with the Nasdaq, while addressing market uncertainties influenced by Trump's recent crypto executive order.

theblock.co • 27/01/2025 - 12:10 PM

Currency