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Bitcoin price sub $80,000? Investors flee amid tech selloff, government shutdown fears
Yahoo Finance· 2026-01-30 08:54
The Big Tech selloff on Thursday is spooking investors and dragging down Bitcoin and other cryptocurrencies, analysts say. Bitcoin’s price has tanked by over 6% over the past 24 hours, according to CoinGecko. Optimistic traders hoping for a bounce have been wiped out, with $1.6 billion in long positions liquidated, Coinglass data shows. “Concerns around heavy AI investment by big tech, without the corresponding earnings to justify the spend, appear to be unsettling broader risk assets,” Matt Howells-Ba ...
BLOX: Buy On Crypto Dips And The New World Order
Seeking Alpha· 2026-01-29 13:07
Core Viewpoint - The Nicholas Crypto Income ETF (BLOX) was recommended as a Buy, but the timing was unfortunate due to a significant decline in Bitcoin and the broader crypto industry [1]. Group 1: Company Analysis - The company behind BLOX focuses on income investments, utilizing the income generated to invest in undervalued stocks with long-term growth potential [1]. - The investment strategy emphasizes high-yield income ETFs and growth stocks, particularly in the sports, real estate, and technology sectors [1]. Group 2: Market Context - The recommendation for BLOX came at a time when the crypto market was experiencing a downturn, indicating potential volatility and risk in the sector [1].
Got $500? 2 Cryptocurrencies to Buy and Hold for Decades.
Yahoo Finance· 2026-01-29 09:20
When it comes to investing, sometimes it's better to buy the rumor and sell on the news. Optimism about President Donald Trump's election victory sent cryptocurrency prices soaring in late 2024, but the industry has given back much of its gains during his administration -- despite a slew of policy changes and legislative action designed to boost crypto's adoption. That said, the medium- to long-term outlook still looks good. Aside from the political changes, the asset class could also benefit from growing ...
Bitcoin and Ethereum Traders Should Watch 'Narrative Whipsaw' Heading into Fed Decision
Yahoo Finance· 2026-01-28 12:42
Bitcoin and Ethereum have gained 2.1% and 3.5% respectively, as investors await the Federal Reserve's next interest rate decision Wednesday afternoon. Bitcoin is changing hands for $89,842, about level with where it was a week ago, according to data from crypto price aggregator CoinGecko. And Ethereum regained $3,000 for the first time since last week, trading for around $3,026 after having risen 2.1% in the past seven days. With just hours to go before the Fed's first interest rate decision of the year, ...
Why Is Crypto Up Today? – January 28, 2026
Yahoo Finance· 2026-01-28 12:32
Market Overview - The cryptocurrency market capitalization increased by 2.2% over the past 24 hours, reaching $3.12 trillion, with 90 of the top 100 coins experiencing price increases [1][2] - The total crypto trading volume is reported at $128 billion [1] Price Movements - Bitcoin (BTC) rose by 1.7%, currently trading at $89,419, while Ethereum (ETH) increased by 3.8% to $3,020 [2][3] - Among the top 10 coins, 9 have seen price appreciation, with Binance Coin (BNB) showing a 3.4% increase to $905 [3][4] - Tron (TRX) is the only coin in the top 10 that experienced a decline, down 0.7% to $0.2921 [4] Notable Performers - Hyperliquid (HYPE) is the highest gainer of the day, with a significant rise of 25.3% to $34.62 [4] - Canton (CC) follows with a 9.4% increase to $0.1655 [4] - On the downside, River (RIVER) fell by 9.3% to $54.55, and Provenance Blockchain (HASH) decreased by 7.6% to $0.02531 [4] Market Sentiment and Future Outlook - The crypto market sentiment has improved but remains in the fear zone [2] - Bitwise Chief Investment Officer Matt Hougan emphasized that the crypto market has a critical three-year window to demonstrate real-world utility, or it may face challenges due to legislative uncertainties in the US [6]
Altcoins Hyperliquid, Pump.fun Post Double-Digit Weekly Gains as Bitcoin Nears $90K
Yahoo Finance· 2026-01-28 11:02
Core Insights - Altcoins such as Hyperliquid, River, and Pump.fun have experienced significant price increases, with Hyperliquid leading at a 65% gain over the past week [1]. Altcoin Performance - Hyperliquid surged 65%, followed by Pump.fun at 33.6%, Canton at 23.3%, and River at 21.8% [1] - Altcoin dominance increased from approximately 6.7% to 7.06% during the past week [2] Bitcoin Market Context - Bitcoin is consolidating between $95,000 and $81,000, currently trading at $89,373, reflecting a 1.9% increase on the day [2] - Bitcoin's dominance has formed a local top around 59.94 to 59.50 [2] Market Sentiment - Users on the prediction market Myriad have shifted to a bullish outlook for Pump.fun, assigning a 56% chance for its price to reach $0.005 [3] - A bullish sentiment also emerged for Hyperliquid after a week of bearish trends [3] Speculative Capital Movement - Myriad users expect Hyperliquid's airdrop to occur before Pump.fun's, with a 54% chance assigned to this outcome [4] - The trend indicates a shift in risk appetite amidst macroeconomic uncertainty [4] Macro Economic Factors - The U.S. Dollar Index (DXY) has decreased from nearly 110 in January 2025 to 95.70 this week, suggesting looser financial conditions [5] - Analysts note that the dollar's relative oversupply is leading to depreciation and sector rotations, emphasizing the need for diversified portfolios [6] Individual Altcoin Drivers - River benefits from capital inflows and high short-term trading volumes [7] - Hyperliquid is gaining from strong silver trading activity, enhancing project revenues [7] - Pump.fun's role as a meme coin infrastructure indicates renewed interest in the meme sector, promoting utility and community-driven momentum [7]
When gold isn’t good enough: 3 crypto companies say they’ve figured out how to generate yield on the $4.6 billion ‘tokenized gold’ market
Yahoo Finance· 2026-01-27 16:45
Group 1: Gold Price and Market Dynamics - The price of gold has increased by 85.56% over the past 12 months, currently exceeding $5,100 on the Comex continuous contract [1] - Jewelry makers and retailers face challenges due to fluctuating gold prices, as they must manage inventory and cash flow while waiting to purchase new gold [2] - Jewelry companies often borrow physical gold, repaying the same amount rather than its dollar value, which helps mitigate exposure to price fluctuations [3] Group 2: Tokenized Gold and Innovations - Tokenized gold allows investors to buy crypto tokens representing gold, with platforms backing these tokens on a one-to-one basis with gold assets [5] - The two largest tokenized gold cryptocurrencies are Tether's XAUT, with a market cap of $2.6 billion, and Paxos's PAXG, with a market cap of $2 billion, totaling a combined market cap of $4.6 billion [5] - Tokenized gold has a downside as its value directly correlates with gold prices, making it a less effective hedge against inflation [6] - Companies like Theo, Libeara, and Falcon Finance are developing tokenized gold that offers yield to investors, providing interest-like payments even if gold prices decline [7]
Gold Beats Ethereum to $5K Milestone, Hitting Record Above $5,100
Yahoo Finance· 2026-01-26 14:37
Group 1: Gold Market Insights - Gold has reached a new all-time high price above $5,100 per ounce, confirming predictions from users on the Myriad platform that it would surpass $5,000 before Ethereum [1] - The price of gold increased by 65% in 2025 and has gained approximately 12% in the first three weeks of 2026 [4] - Goldman Sachs has forecasted that gold could reach $5,400 before the end of the year, indicating strong bullish sentiment in the gold market [2] Group 2: Ethereum Market Sentiment - 69% of users on Myriad believe that Ethereum is likely to drop to $2,500 before it can recover to $4,000, reflecting a bearish outlook on the cryptocurrency [2] - Ethereum has recently traded at $2,883 and has fallen more than 10% in the past week [4] - The closest Ethereum has come to surpassing its previous all-time high was $4,946.05 in August [4] Group 3: Market Dynamics and Influences - Gold tends to surge during periods of uncertainty, particularly when trade tensions escalate, as it is viewed as a safe haven asset [3] - In contrast, cryptocurrencies like Ethereum and Bitcoin have struggled to attract defensive flows, behaving more like risk assets rather than hedges against geopolitical stress [3] - Recent comments from President Trump regarding potential tariff hikes on Canada have contributed to the uncertainty in the market, influencing gold prices [5]
Prediction: 2026 Will Be the Year of Chainlink
Yahoo Finance· 2026-01-25 11:36
Core Viewpoint - The future of cryptocurrencies, particularly those linked to real-world asset (RWA) tokenization, is expected to see significant growth, with Chainlink positioned as a leading player in this emerging trend [2][6]. Group 1: Chainlink's Historical Performance - Chainlink experienced a dramatic price increase from $0.50 in May 2019 to an all-time high of $52 in May 2021 during the last major crypto bull market [3]. - The previous surge in Chainlink's value was driven by the decentralized finance (DeFi) trend, where it provided essential pricing data for blockchain smart contracts [4]. Group 2: Current Market Trends - The current focus on RWA tokenization is gaining traction on Wall Street, with significant players like BlackRock launching a tokenized money market fund valued at $2 billion [6]. - The total market value for RWA tokenization is estimated to be around $25 billion, with projections suggesting it could evolve into a multitrillion-dollar market by 2030 [6][7]. Group 3: Future Outlook for Chainlink - Given its involvement in RWA tokenization, Chainlink is anticipated to experience a price surge similar to its previous performance from 2019 to 2021 [5][7].
2 Popular Cryptos to Sell Before They Plummet
Yahoo Finance· 2026-01-24 15:42
Group 1 - Meme coins like Dogecoin and Shiba Inu are not suitable for holding significant capital due to potential market turbulence driven by geopolitical factors [1] - Dogecoin's supply has no ceiling, leading to continuous dilution, requiring constant new demand to maintain value [3][7] - Shiba Inu has a slight advantage with its community focus on coin burns, but the lack of consistent demand and low usage of its ecosystem limits its potential [5][6][7] Group 2 - Both Dogecoin and Shiba Inu lack utility, making them less attractive as investments [7] - The Motley Fool Stock Advisor has identified ten stocks that are considered better investment opportunities than Dogecoin [8]