News

🏛 Ripple CEO Brad Garlinghouse Confirms Mar-a-Lago Meeting with Donald Trump

Ripple CEO Brad Garlinghouse revealed on social media that he recently had dinner with former President Donald Trump and Ripple’s Chief Legal Officer, Stuart Alderoty.

The meeting that happened at Trump’s Mar-a-Lago resort is an important beginning to the year 2025 for Ripple especially with the current changes happening in the cryptocurrency market.

🔥 BlackRock Bitcoin ETF (IBIT) Sees $597M In Inflow, Saves the Day

BlackRock’s iShares Bitcoin ETF (IBIT) recorded over $597 million in inflow on Tuesday. The BlackRock Bitcoin ETF saves the day for the bleeding crypto market after investors turned cautious with strong US JOLTS job openings and ISM Services PMI data.

The spot Bitcoin ETF in the United States saw a net inflow of $53.46. Bitcoin ETFs by Fidelity, Bitwise, Ark 21Shares, Franklin Templeton, and Grayscale recorded outflows.

⚠️ Robert Kiyosaki Reveals Reason Behind Market Crash Ahead Fed’s FOMC Minutes

Rich Dad Poor Dad author Robert Kiyosaki has once again made headlines with his comments on the recent market crash. He has repeatedly warned of the crash in several prior posts on social media, which has sparked discussions in the market, especially as the market awaits the upcoming Fed’s FOMC minutes. However, in his recent X post, he has shared the potential reasons behind the crash, but still maintained his bullish outlook on Bitcoin.

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Pepeto has followed its roadmap with precision, completing all Q4 2024 milestones on time, including an enhanced official website.

Markets

📊 Crypto Prices Today Jan 8: ETH, BTC And SOL Lead $700M In Liquidation

The crypto prices today saw over $700 million in liquidations as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) led the declines. Bitcoin fell below the $96K mark, dropping sharply from $102K, contributing significantly to the liquidation volume. Crypto prices were impacted by rising U.S. Treasury yields over the past decade. Additionally, a report from the Institute for Supply Management (ISM) showed December’s private sector Purchasing Manager Index (PMI) increased to 54.1 from November’s 52.1, further adding to market volatility.

Major altcoins also witnessed sharp declines, with most falling by 5% to 10% in the past 24 hours. Meme coins faced similar pressure, as Dogecoin (DOGE) and Shiba Inu (SHIB) dropped by 8% to 10% within the same timeframe.

The global crypto market fell approximately 6%, now standing at $3.38 trillion. However, trading volume surged by 27%, reaching $162 billion as investors reacted to the market downturn.

🔷 Ethereum Foundation Sells 100 ETH Amid Crypto Market Crash

Ethereum crashes for two days in a row, and the outlook may get dire as negative catalysts remain. ETH balances on exchanges are rising, Ethereum Foundation continues to sell, while American bond yields are surging. So, will the Ethereum price rise to $4,000 or will it crash below $3,000 soon?

⚡️ Bitcoin Price Today: Will BTC Recover After 2025’s First Crash?

After hitting a local top of $102,702 on Tuesday, Bitcoin (BTC) crashed 5.16% in a single day. The sell-off continued into Wednesday, with BTC shedding an additional -4.70%, sending shockwaves across the crypto market. As of today, Bitcoin is trading at $95,761.0, marking its first significant crash in 2025.

This sudden downturn has left investors questioning whether this is the start of a steep correction or if BTC could recover quickly. What’s next for BTC price in January 2025? Let’s explore.

🌐 2024 at a Glance in Web3 🌐

The year 2024 was transformative for the Web3 ecosystem, witnessing rapid advancements, significant market shifts, and evolving regulatory landscapes. This analysis highlights the key crypto trends that have defined the year, supported by relevant data and insights, providing early to medium-scale crypto investors with a comprehensive understanding of what has transpired in the Web3 space.