🗞 January 16, 2025 cryptocurrency news highlights

【Cryptocurrency】
The mayor of Cannes, David Lisnard, who is also a candidate for the French presidency in 2027, supports the adoption of cryptocurrency payments in the city and plans to provide local merchants access to the crypto payment system.

【Economy】
Michael Saylor announced MicroStrategy's plan to issue $2bn in perpetual preferred stock in the first quarter of 2025.

【Indicators】
Bitcoin briefly surpassed $100,000 today, peaking at $100,715 before settling at $99,700. The surge driven by speculation about potential pro-cryptocurrency policies under Donald Trump's upcoming presidency. 📈

【More】
Swiss state-owned bank PostFinance is expanding its cryptocurrency services by offering Ethereum staking, along with plans to introduce staking for other tokens "in the near future."

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Hyve Labs Completes $2.75 Million Pre-Seed Round of Financing, Led by Framework Ventures👀

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A whale deposited 2.01 million AI16Z into Bybit, equivalent to about 2.72 million US dollars🔥

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The U.S. is returning 94,000 Bitcoin to Bitfinex as restitution for the 2016 hack Originally worth $72M, it’s now valued at $9B ❗️🪙

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In the past 24 hours, 102,951 traders were liquidated, totaling $325.46 million in liquidations. The largest single liquidation occurred on Bitmex with an XBTUSD value of $5.00 million.

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Bitcoin has surged above $101,000, currently trading at $101,128, with a 24-hour change of 0.95%.‼️📈

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Bitcoin, Ethereum, Dogecoin Steady As Market Expects Trump's Pro-Crypto Bonanza: Analyst Says BTC Could Hit All-Time High If It Breaks This Resistance📣

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Phantom, the crypto wallet initially built for Solana, has completed a $150m funding round led by Sequoia Capital and Paradigm, doubling its valuation to $3bn.

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According to the CEO of Binance, 562m+ people worldwide now own crypto, accounting for approximately 6.9% of the global population, which currently stands at 8.156bn.

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Binance has reached an agreement with Uzbekistan’s National Agency for Advanced Projects to serve local users through its partner, COINPAY.

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Bitcoin Breaks $103,000, 24-hour Gain of 4.54%

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🗞 January 17, 2025 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin, Ethereum, Dogecoin Steady As Market Expects Trump's Pro-Crypto Bonanza: Analyst Says BTC Could Hit All-Time High If It Breaks This Resistance📣

【Economy】
According to the CEO of Binance, 562m+ people worldwide now own crypto, accounting for approximately 6.9% of the global population, which currently stands at 8.156bn.

【Indicators】
The U.S. is returning 94,000 Bitcoin to Bitfinex as restitution for the 2016 hack Originally worth $72M, it’s now valued at $9B ❗️🪙

【More】
Phantom, the crypto wallet initially built for Solana, has completed a $150m funding round led by Sequoia Capital and Paradigm, doubling its valuation to $3bn.

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Bitcoin ATH in GBP £85.3k 🚀

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Bitcoin hits $105,000, just 3% away from new all-time high↗️

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Bitcoin and Ethereum ETF Inflows Surge with BlackRock Leading the Way 📥

As of January 17:
💰 Bitcoin ETFs saw a net inflow of +7,222 BTC, worth $750.5M. BlackRock (iShares) contributed 5,253 BTC ($545.93M) and currently holds 559,564 BTC ($58.15B).

🔹 Ethereum ETFs saw a net inflow of +56,608 ETH, worth $193.45M. BlackRock (iShares) contributed 33,314 ETH ($113.87M) and currently holds 1,157,611 ETH ($3.96B).

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Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally ⛏

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Yesterday, the net inflow into FBTC on Fidelity was $326 million, and the net inflow into FETH was $14 million.🕯

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Bitcoin has dropped below $104,000, currently trading at $103,614. Ethereum has dropped below $3,400, currently trading at $3,385.📉💰🔹

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Bloomberg: A cryptocurrency advisory committee may be established in Trump's proposed executive order 📈

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