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✔️ US regulators are proposing to strengthen consumer protection for crypto accounts and are requiring companies to be accountable for losses from hacking attacks.
✔️ Bybit will restrict access to its services in India.
Some of the crypto assets have attracted the interest of traders due to the news background, namely:
✔️ Cardano (ADA) is experiencing significant growth, with the price increasing by 10% in the last 24 hours. This is due to large trades made by whales - investors purchased more than 20 million ADA in two days, which created an optimistic mood among the market. The platform also promotes the Refer & Earn USDT program, which attracts participants with generous rewards
✔️ DOGE price has risen over 20% in a week thanks to Elon Musk’s support and positive forecasts that suggest a possible price of $1 in 2025
✔️ Chainlink (LINK) has gained attention due to notable updates to its products and affiliate programs. The recent increase in demand for decentralized oracles and key advances in integrations with other blockchain projects have contributed to the increase in trading volume.
✔️ Ripple’s entry into the stablecoin market with the launch of Ripple USD (RLUSD) has brought significant attention to XRP.
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🇺🇸 The U.S. federal government has received permission to liquidate 69,000 BTC worth $6.5 billion, confiscated as part of the Silk Road investigation.
➡️ Notably, this decision was made less than two weeks before the administration change, which had previously stated its intention to refrain from such sales.
The CEO of CryptoQuant expressed confidence that the market can absorb this volume of BTC within a week, demonstrating its resilience and maturity.
The President of El Salvador noted that this sale could open significant opportunities for investors interested in acquiring BTC at a lower price.
✔️ Today, a federal judge allowed the U.S. government to sell 69,370 BTC worth $6.5 billion, seized from Silk Road. The Department of Justice has not yet published details on the timing or method of the sale. However, analysts believe that these BTC will be quickly purchased by Michael Saylor and BlackRock.
✔️ MicroStrategy plans to raise $2 billion in Q1 to buy even more BTC
✔️ A Solana network user paid a fee of 1,068 SOL ($208,000) for a transaction
✔️ The city of Gelephu in Bhutan added BTC, ETH, and BNB to its strategic reserves
Ripple's CEO Brad Garlinghouse had a meeting with Donald Trump. This is an important step for Ripple, which is actively strengthening its position in the U.S. and preparing to close the case with the SEC this summer. Plus, a new partnership with Chainlink promises to increase the utility of RLUSD.
🐳 BlackRock supports BTC Against the backdrop of the recent drop in BTC price, the world's largest fund BlackRock purchased cryptocurrency worth $596 million, while inflows into the ETF amounted to $52.4 million.
↗️ BTC in national reserves? A Fidelity analyst predicts that by 2025, countries will begin adding BTC to their strategic reserves, which could trigger significant growth.
📈 BTC holds strong Despite the drop to $95,000, Bitfinex analysts are confident: there will be no serious decline, as sales volumes on exchanges are rapidly decreasing.
Leading figures in the cryptocurrency world have shared their predictions for the price of BTC in the coming years. Let's see what they expect.
🔼 Tim Draper predicts a rise to $250,000 by 2025, Peter Brandt forecasts $135,000, Mark Yusko predicts $150,000, and Robert Kiyosaki believes BTC will reach $500,000 by the same year. Arthur Hayes predicts $750,000 by 2026, while Plan B anticipates $400,000 in that same year. Michael Novogratz sees BTC at $500,000 by 2028, and Tyler Winklevoss predicts the same value by 2030. Cathie Wood is convinced that Bitcoin could reach $1 million by 2030.
💫 The most ambitious forecast was made by Michael Saylor, claiming that the price of Bitcoin could reach $13 million by 2045.
January will bring many important events that could impact the market. Here are the key dates to remember:
✔️ 03.01 — Start of the 119th Congress of the USA ✔️ 08.01 — Publication of FOMC minutes ✔️ 09.01 — Data on unemployment claims ✔️ 10.01 — Unemployment rate in the USA ✔️ 15.01 — Publication of the Consumer Price Index (CPI) of the USA ✔️ 20.01: - Inauguration of Donald Trump - Departure of Gary Gensler from the position of SEC Chairman - World Economic Forum 2025 ✔️ 23.01 — Decision on Solana ETF from Grayscale ✔️ 24.01 — Meeting of the Bank of Japan on interest rates ✔️ 25.01 — Decisions on Solana ETF (VanEck, 21Shares, Canary, Bitwise) ✔️ 29.01 — Meeting of the Federal Reserve of the USA
📥 Save this list to prepare for market volatility and important events of the month.
For more detailed information, read our new article.
✔️ Saylor is Buying BTC Again The company's balance now holds 447,470 BTC, which cost about $28 billion at an average purchase price of $62,503 per BTC.
✔️ Public company KULR Technology added another 213.4 BTC to its balance.
✔️ DIN launches the first blockchain for AI agents in collaboration with BNB Chain and Nodereal.
Binance has announced support for the exchange of Fantom (FTM) tokens for Sonic (S) and the rebranding of the project. It is important to be prepared for changes to avoid interruptions in trading.
📆 Key Dates: • January 13, 2025, 08:00 (UTC+5) – Trading of FTM will be halted. Complete all transactions in advance! • January 16, 2025, 13:00 (UTC+5) – Trading of the new S tokens will open.
🔄 Automatic Exchange: All FTM tokens in the balance will be automatically converted to S at a ratio of 1:1.
⚠️ Tip: Complete transactions in your bots, and after the rebranding, reconfigure them to the Sonic (S) coin.
🤔 Upcoming events that may affect cryptocurrency prices:
🔹Monday, January 6: - 🇷🇺 New Year Holidays (day off all day) - 🇩🇪 Germany's Consumer Price Index (CPI) (m/m) for December (16:00 MSK) - 🇺🇸 Services PMI for December (17:45 MSK)
🔹Tuesday, January 7: - 🇷🇺 Christmas (day off all day)
✔️MicroStrategy plans to raise $2 billion to purchase Bitcoin through the issuance of preferred stock. The decision will depend on market conditions in the coming months.
✔️Bitfinex analysts reported: "We expect BTC to see markets in a limited range as investors seek to allocate capital across various asset classes. Bitcoin will fluctuate between $95,000 and $110,000 by the end of January".
Yesterday, the first cryptocurrency turned 16 years old. On January 3, 2009, the genesis block was created — the starting point of the Bitcoin blockchain. Then Satoshi Nakamoto received the first 50 BTC
Bitcoin is trading at $98,155. ETH is trading at $3,601
✔️ On January 2, $332.6 million was withdrawn from the BlackRock Bitcoin ETF — this is a record daily outflow since the product’s launch
✔️ MicroStrategy managed to earn almost $1 billion by selling $1.5 billion worth of shares, backed by $500 million worth of bitcoins, and buying BTC with this money.
✔️Yesterday, Ripple CEO said: "Today we welcome the most pro-crypto Congress in history." After all, yesterday was the 119th US Congress.