Cryptocurrency News Live and Breaking in Real-Time! Current crypto coin prices, analysis, and predictions from the Global Crypto Press Association.

On-chain data suggests that demand for Bitcoin among retail investors is neutral and may be heading towards a reversal to the upside. The "Retail Investor Demand" indicator measures the demand for Bitcoin among small entities, tracking transactions under $10,000 in value. The indicator showed a significant decline earlier in the year, but has been climbing back up and is now close to the 0% mark. If the trend continues, the indicator may break into positive territory, implying growth in interest from retail investors. The last time the indicator entered the green zone was before last year's rally beyond $100,000. During the 2021 bull run, the Retail Investor Demand saw a similar decline, but then reversed and broke past the 0% mark, coinciding with the start of the second half of the rally. It remains to be seen if retail volume will make a similar comeback this time, potentially reigniting bullish momentum for Bitcoin. The current consolidation in Bitcoin's price, trading around $96,300, may be influenced by the retail investor demand. The analyst suggests that if the Retail Investor Demand continues to grow, it could imply a reversal to the upside for Bitcoin. Overall, the on-chain data suggests that retail investor demand is close to growing again, which could have a positive impact on Bitcoin's price.

Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4 million seed round. The investment, which includes participation from notable figures such as Peter Thiel and Tether CEO Paolo Ardoino, aims to enhance Plasma’s capabilities […]

Your day-ahead look for Feb. 14, 2025

The State of Wisconsin Investment Board (SWIB) has significantly increased its holdings in BlackRock's iShares Bitcoin Trust (IBIT), now owning over 6 million shares, as disclosed in a recent 13F filing. This marks a notable increase from approximately 2.9 million shares held just three months earlier. The value of this position currently stands at around $340 million based on IBIT's current price of $56.10 per share, with a potential worth of approximately $588 million if Bitcoin's price reaches nearly $98,000.