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Bitcoin finds support as the Coinbase premium index recovers
- Bitcoin continued rising in price over the weekend, reaching a high of $98,300 after finding crucial support at $91,405.
- There are signs that American investors are buying more Bitcoins. In addition to their ETF purchases, data shows that the Coinbase Premium Index has recovered after falling sharply in December. According to CoinGlass, it has moved to minus 0.021, up from minus 0.24 in December.
Trump to set the course for cryptocurrency market this year with his cabinet
- In a year that saw cryptocurrency markets reach unprecedented heights, 2025 is poised to be a watershed moment for digital assets, with the inauguration of President-elect Donald Trump on Jan. 20 having set the stage for potentially seismic shifts in the crypto world.
JAN3 Secures $5M to Develop Bitcoin-Focused Superapp AQUA
- JAN3, the team behind the popular Bitcoin wallet AQUA, has raised $5 million in seed funding to enhance the development of its Bitcoin-focused superapp.
- The funding round, announced on January 3, coinciding with Bitcoin’s Genesis Block anniversary, was led by Fulgur Ventures and included participation from Tether, Grupo Salinas, Lightning Ventures, East Ventures, and others.
Japan’s Metaplanet Gears Up for a 10K BTC Stash in 2025
- Japanese investment firm Metaplanet aims to significantly increase its Bitcoin holdings, with a goal to reach 10,000 BTC by the end of the year. Since April, it has steadily expanded its crypto reserves, building on its accumulation strategy.
Shiba Inu set to launch TREAT, its new governance token
- Memecoin ecosystem Shiba Inu will launch TREAT, a new token for governance and ecosystem rewards. In a post on social media platform X, the project said that TREAT will launch this January without specifying the exact date.
Binance - Local Crypto Trader Kidnapped and Forced to Transfer $340K in Pakistan
- On December 25, 2024, in Karachi, Pakistan, a 30-year-old cryptocurrency trader, Mohammed Arsalan, was abducted and forced to transfer $340,000 from his Binance account to wallets controlled by his kidnappers. The incident, involving seven suspects, including a Counter-Terrorism Department (CTD) officer, has raised concerns about the safety of crypto traders and the misuse of authority by law enforcement.