WhiteBIT’s native token (WBT) skyrocketed to a record high of $52.27 following its three-year sponsorship agreement with Juventus, one of Europe’s top soccer clubs. The deal positions WhiteBIT as Juventus’ official crypto exchange and sleeve sponsor, with branding appearing on jerseys starting at the FIFA Club World Cup. This marks Juventus’ second major crypto venture after Tether acquired a minority stake earlier this year. The partnership aims to enhance fan engagement through blockchain technology, mirroring trends seen with other clubs like FC Barcelona and Paris Saint-Germain. WBT’s market cap now exceeds $7.45 billion, placing it among the top 25 cryptocurrencies.
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0 in Finance and 0 in Crypto last week2025: The Breakout Year for Stablecoins, Says Coinbase
Coinbase’s latest research highlights 2025 as a pivotal year for stablecoins, with adoption skyrocketing among small businesses and Fortune 500 companies. Global stablecoin holders now exceed 161 million, and transaction volumes hit historic highs, including a record $719 billion in December 2024. Stablecoins are increasingly seen as a solution for cross-border payments, payroll efficiency, and financial inclusion, with the sector’s market cap reaching $260 billion. Their utility in real-time payments and remittances underscores their growing dominance in the crypto ecosystem.
about 2025: The Breakout Year for Stablecoins, Says CoinbaseVanEck Warns Bitcoin-Buying Firms of Market Cap Risks
VanEck’s head of digital assets research, Matthew Sigel, cautions public companies accumulating Bitcoin to reconsider their strategy if their stock prices plummet, as their BTC holdings could soon exceed their market cap. He highlights the risk of equity dilution when firms raise capital through at-the-market (ATM) programs to buy Bitcoin, especially if their stock trades near net asset value (NAV). While no company has consistently traded below its Bitcoin NAV, Semler Scientific (SMLR) is approaching this precarious parity, signaling potential financial instability for similar firms.
about VanEck Warns Bitcoin-Buying Firms of Market Cap RisksBitcoin Dips Amid Middle East Tensions & Trump’s Iran Threat
Bitcoin surged past $106,000 but faced rejection as geopolitical tensions in the Middle East and Trump’s aggressive stance toward Iran caused a drop below $103,000. Despite a brief recovery, BTC remains volatile, hovering above $105,000 with a market cap under $2.1 trillion. Altcoins displayed mixed trends, with Ethereum holding above $2,500, HYPE losing 5%, and PI gaining 5%. The total crypto market cap fell by $20 billion to $3.380 trillion, reflecting broader market uncertainty amid geopolitical risks.
about Bitcoin Dips Amid Middle East Tensions & Trump's Iran ThreatXRP Price Eyes $1.5T Market Cap & 27% Dominance
Analyst Egrag Crypto predicts XRP could reach a $1.5 trillion market cap and 27% dominance, driven by institutional adoption and regulatory clarity. Historical resistance at the 0.5 Fibonacci level (5.75% dominance) suggests a potential breakout, with XRP now on its fifth attempt. Currently at a $2.77B market cap and 3.93% dominance, XRP would need a 54,000% surge to meet these targets. A Bull Flag formation on the macro chart supports the bullish outlook, with a breakout potentially propelling XRP into rapid gains. Skepticism remains given the scale of growth required, but technical indicators and historical patterns fuel optimism.
about XRP Price Eyes $1.5T Market Cap & 27% DominanceBitcoin Could Hit $1M as Institutions Pile In: Novogratz
Mike Novogratz, CEO of Galaxy Digital, believes Bitcoin could reach $1 million per coin if institutional inflows persist. Bitcoin recently peaked at $110,290 before a slight pullback, but demand remains strong, fueled by BlackRock’s SEC-approved iShares Bitcoin Trust (IBIT) and corporate purchases from firms like Metaplanet and GameStop. Novogratz compares Bitcoin’s 21 million supply cap to gold’s $12 trillion market, suggesting younger investors may favor the digital asset. However, regulatory uncertainty and Bitcoin’s volatility pose challenges. Despite risks, Novogratz sees Bitcoin eventually rivaling gold’s market cap as adoption grows.
about Bitcoin Could Hit $1M as Institutions Pile In: NovogratzCardano Shows Signs of Rebound Amid Market Downturn and Increased Trading Volume
Cardano (ADA) is showing signs of a potential rebound as the TD Sequential indicator has flashed a buy signal, despite a recent downturn where ADA’s price fell to $0.7, down 22% over the past two weeks. Analysts note a bull flag pattern on the daily chart, suggesting a possible price bounce, with projections reaching up to $1.325 if momentum builds. Retail participation has increased, with trading volume rising by 44.7%, while whale holdings have slightly decreased, indicating profit-taking but not a complete exit from positions.
about Cardano Shows Signs of Rebound Amid Market Downturn and Increased Trading VolumeBitcoin price forecast for February 2025 and potential new highs
Bitcoin’s price is currently at $105,254, showing bullish signals and strong support from long-term holders, suggesting a potential rally. Analysts predict a realistic target of $120,000, with institutional adoption playing a key role in driving prices higher. The market structure indicates a sustained upward trajectory, with minimal selling pressure from long-term holders.
about Bitcoin price forecast for February 2025 and potential new highsCardano Leads Altcoin Rally Aiming for 1.50 Amid Market Optimism
Cardano (ADA) is currently leading the altcoin rally, outperforming Bitcoin (BTC) and Solana (SOL) with a 10% surge in the last 24 hours and an 18.7% increase over the past week. Analysts predict ADA could reach $1.50 by February 5, 2025, and potentially $2.62 by March 15, 2025, despite some bearish sentiments suggesting a dip in early 2025. The optimism is fueled by expectations of a favorable crypto environment under the incoming Trump administration, which may include significant policy changes and a potential Bitcoin strategic reserve.
about Cardano Leads Altcoin Rally Aiming for 1.50 Amid Market Optimism