Kamis, 23 Januari 2025

😮Bitcoin to $700K?!, CME hints at XRP, SOL futures debut


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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

😮 Bitcoin can hit $700K?!

🧐 CME website hints at XRP, SOL futures debut

📺 Coinbase CEO makes powerful case for BTC at Davos 2025

📰 Keep reading to find out about all of today's top stories and more

Bitcoin can hit $700K amid currency debasement fears — BlackRock CEO

BlackRock CEO Larry Fink appeared for an interview at the World Economic Forum's conference in Davos to discuss the future of digital currency and said that Bitcoin could climb to $700,000 per coin amid currency debasement fears.

The CEO said collective small allocations from asset managers between 2%–5% could drive such a price increase. Fink told Bloomberg:

"If you're frightened about the debasement of your currency or you're frightened of the economic or political stability of your country, you can have an internationally based instrument called Bitcoin that will overcome those local fears."

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CME website hints at XRP, SOL futures debut in February

The Chicago Mercantile Exchange's (CME) website hinted at the introduction of SOL and XRP futures contracts that could debut as early as Feb. 10, pending regulatory review.

According to the website — which later removed the page — contracts for both assets will be available in standard and micro sizes, with the standard SOL contract having a 500 SOL lot size and the micro-contract accounting for 25 SOL.

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Real engagement in Web3 marketing strategies

Web3 projects need vibrant communities to thrive, making it essential to overcome fake interactions and cultivate genuine connections for sustained growth in the decentralized space.

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Ethereum whales add $1B in ETH — Is the accumulation trend hinting at a $5K ETH price?

Numerous cohorts of Ethereum addresses added over 330,000 ETH in the last two weeks. Is this a sign that a $5,000 ETH price is in the making?

Ethereum's native token, Ether currently ranks as the only cryptocurrency in the top 10 by market capitalization to show a negative return over the past30 days.

With crowd sentiment dropping to a new low each week, the altcoin is desperate for a bullish revival, and onchain data suggests it might come sooner than later.

[Cointelegraph Accelerator]

X Spaces recap with Plena Finance

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Bitcoin to Surpass Gold in Government Reserves? Coinbase CEO Explains Why

While crypto was largely absent from WEF's main agenda, Coinbase CEO Brian Armstrong makes a powerful case for Bitcoin as a strategic reserve asset at Davos 2025. Watch his full insights on the future of digital assets and institutional adoption in this exclusive session.