Cryptocurrency Financial News

Polygon blockchain. These tokens are set to reward users for simply browsing the web on Jio’s own JioSphere browser. While JioCoins aren't stablecoins, transferable, or redeemable just yet, they accumulate in the Polygon wallet, creating an exciting gateway for millions of Jio users to explore the world of Web3.

crypto market enters 2025, industry experts are eagerly watching the trends and sectors expected to shape the year's landscape. Speaking at the ETMarkets live stream, Anush Jafer, Content Lead at Mudrex Research, provided insights into what lies ahead for the cryptocurrency market. Reflecting on 2024, Jafer highlighted the remarkable achievements in the crypto space, notably Bitcoin surpassing the $100K mark and the total crypto market cap reaching unprecedented highs. The introduction of spot Bitcoin and Ethereum ETFs was a significant driver, attracting over $35 billion in net inflows, significantly outperforming gold ETFs during their initial years.

Bitcoin (BTC), the world’s largest cryptocurrency, and other major crypto tokens declined on Thursday, January 23, amid profit booking at higher levels and the absence of any Bitcoin-related statements from former US President Donald Trump. As of 10:18 am IST, Bitcoin was trading at $101,938, down 3.4%, after hitting an intraday low of $101,604. Ethereum declined 3.8% to $3,194. The global crypto market cap saw a decline of 3.4%, falling to $3.52 trillion.

Eric Trump, son of United States President Donald Trump, has expressed strong optimism about the future of the US economy and its markets, particularly in the realms of energy, technology, and cryptocurrency. In a recent tweet, he highlighted his belief that now is an ideal time for investors to place their bets on the United States, which he describes as a nation “freed from its constraints and shackles” and poised for growth.

Melania Coin saw a sharp over 60% decline just one day after its launch, trading at $4.17 as of 12:06 pm IST on Tuesday. The $MELANIA coin, launched on January 20, 2025, a day before Melania Trump's husband's inauguration, quickly gained traction, reaching a market cap of $2 billion within hours. However, the coin faced significant volatility, with its price dropping over 74% from a high of $13.73 to $3.46. By 12:06 pm IST, it was trading at $4.17, a 64.2% drop in the past 24 hours.

Bitcoin, the world's largest cryptocurrency by market value, surged to a new record high above $109,000 on Monday as Donald Trump, who has indicated plans to deregulate the cryptocurrency sector, prepares for his inauguration as US President. Bitcoin peaked at $109,114 before retreating to $107,508 at 1:41 pm IST. The cryptocurrency has seen a sharp rise since Trump's election victory in November, surpassing $100,000 for the first time in early December.

Melania Trump launched her own cryptocurrency, the $MELANIA meme coin, in the early hours of Monday, following in the footsteps of her husband, President-elect Donald Trump, who introduced the $TRUMP memecoin. If you're interested in purchasing $MELANIA, follow this step-by-step guide to help you through the process:

Switzerland is set for some self-reflection on its relationship with money, if the country’s Bitcoin evangelists get their way. Amid intensified global interest in the cryptocurrency, after Donald Trump won the White House with promises of friendlier US regulation, advocates are pushing for a national vote to enshrine it in the Swiss constitution. They want the digital asset to sit alongside the dollar, the euro and gold in the central bank’s reserves.

Bitcoin (BTC), the world’s largest cryptocurrency, and other crypto tokens fell on Monday after a stronger-than-expected U.S. jobs report dampened hopes for early interest rate cuts by the Federal Reserve. Friday's data revealed that U.S. job growth accelerated in December, pushing 10-year Treasury yields to 14-month highs. This raised the likelihood of fewer rate cuts in 2025, making emerging markets like India less attractive for investment.

Bitcoin slipped below the $95,000 mark on Tuesday and was trading at $94,035.31 around 1 pm India time, going down by 1.3% over the past 24 hours. After a cracking rally following President-elect Donald Trump’s re-election, BTC has been in consolidation mode and has corrected by 13% from its all-time high of $108,268.45. However, most major altcoins were trading positively around this time with gainers including Ethereum (ETH), XRP, BNB, Solana, Dogecoin, Cardano, Shiba Inu, Toncoin and Avalanche. They were higher by up to 7% around this time. Tether was flat though the bias was negative.

Bitcoin hit a new all-time high of $108,250 and other major coins such as Ethereum, XRP and BNB have traded near all-time highs fueled by the anticipation of a 25 basis points rate cut by the Fed. Since the time BTC hit an all-time high, the market dynamics have changed quite a bit, taking the crypto market cap down to $3.2 trillion. Despite the dip, key developments in the establishment of Bitcoin reserve, Ripple stable coin and others are keeping the market sentiment strong with buying interest emerging at the lower levels. As we move to the last week of the year, let's take a look at how the previous week changed the crypto dynamics.

Bitcoin and crypto has undergone a significant change. This shift, often described through the lens of the Overton Window, marks the movement of crypto from the fringes of financial systems to a central position in economic discourse. The Overton Window, named after American political scientist Joseph P. Overton, describes the range of policies politically acceptable to the mainstream population.

2024 is about to conclude, cryptocurrency investors are celebrating significant gains, with Bitcoin outperforming traditional investments like stocks, bonds, and gold, just as it did in 2023. Bitcoin was the best-performing investment of 2024, rising by 140% in just 12 months. Starting the year at around $42,000-$43,000, it skyrocketed to a record $1,08,000 by December. This return far surpassed the Nifty50 index, which gained about 10%, and gold, which rose by over 20%.

Bitcoin fell nearly 3% on Thursday after the U.S. Federal Reserve signaled it would slow the pace of rate cuts in 2025. The cryptocurrency briefly dipped below the $100,000 mark, weighed down by Federal Reserve Chair Jerome Powell’s hawkish tone and comments on the potential of a Bitcoin reserve. While the Fed announced a widely expected 25-basis-point rate cut, its forecast of only two quarter-point reductions in 2025 was lower than the three or four cuts anticipated by markets. This reduced easing projection raised concerns among investors.

Bitcoin (BTC), the world's largest cryptocurrency by market value, soared to a record high above $106,000 on Monday after US President-elect Donald Trump proposed creating a Bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto investors. BTC reached an all-time high of $106,533 and was trading 2.2% higher at $104,646 in the past 24 hours as of 10:07 AM IST. Ethereum, the second-largest cryptocurrency, also rose 1.5%, trading at $3,954 during the same period.

Bitcoin past $100,000 for the first time is spilling over into the long-battered crypto lending sector, with decentralised finance applications leading the way this time. Bitcoin’s funding rate — the premium paid by traders to open long positions in the perpetual futures market — skyrocketed in November, and is up more than 10 times from what it was in early June, indicating a rising thirst for leverage, according to digital-asset data tracker CoinGlass. Bitcoin has more than doubled this year, topping $100,000 on Wednesday for the first time amid optimism crypto will move further into the mainstream during the upcoming Trump administration.

Bitcoin, the world’s largest cryptocurrency by market value, crossed the $100,000 mark for the first time on Thursday, December 5. The surge is fuelled by expectations of a more crypto-friendly regulatory environment under President-elect Donald Trump. Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet” and to accumulate a national stockpile of Bitcoin.

Bitcoin has seen a dream run over the past month since the reelection of Donald Trump as the 47th US President. From around $67,000 on the day of the election to a lifetime of $99,655, Bitcoin has increased its value by close to 50% in just a month. This rally also brought a staggering $6.2 billion net inflow into Bitcoin ETFs over the month. While BTC attempted to touch the milestone last week, we saw bears take control, leading to some profitbooking pulling down BTC’s price by around 9%. After testing the key support point of $90,000 – Bitcoin is all set to re-attempt the six-figure mark. Let's deep dive into what the milestone could result in and how BTC at $100k impacts the global crypto market in the short term and the long term.

Bitcoin was trading at around $30,000, marking a remarkable 300% growth in value. This incredible rally has been driven by a wave of optimism sparked by Donald Trump’s reelection as President of the United States and a staggering $30 billion net inflow into Bitcoin ETFs over the past year. As BTC gets closer to the six-figure mark, the question arises — What happens once BTC hits $100K? There is much more significance to the $100K mark than just being a psychological mark. Given that this mark would trigger many developments in the coming weeks, let's take a closer look at what reaching $100K could mean for Bitcoin and the broader crypto ecosystem.

Bitcoin may be on song, but there’s plenty more keeping fans abuzz in the crypto verse. Over the past month a new cohort of memecoins have been delivering windfall gains to investors. Scripted with generous lashings of community humour these new coins such as X, Dogwifhat, Peanut the Squirrel, Popcat and Goatseus Maximus have crypto investors in thrall following Donald Trump’s ascension as US President Elect and Tesla founder Elon Musk’s consequent rise having triggered an explosion in crypto valuations. Even as Bitcoin is inching closer to the $100,000 mark having surged 49% over the last month, Dogwifhat, the Japanese dog with a hat, touched a market cap of $3.3 billion, making it the 36th ranked coin among 2.4 million currencies. Peanut the Squirrel (PNUT) surged by 2,315% since its launch this month,according to CoinMarketCap, a price-tracking website for cryptocurrencies.

Bitcoin reached a new record high on Thursday, surpassing $97,000 for the first time, fueled by growing expectations that US president-elect Donald Trump will push forward measures to ease regulation of cryptocurrencies. At 10:35 AM IST, Bitcoin's price hit $97,532, with analysts predicting that the $100,000 milestone could soon be within reach.