Shares of Canadian crypto provider Neptune surged 40% after it secured a $20 million credit facility from Sygnum Bank to buy Bitcoin. Neptune Digital Assets Corp., a public Canadian infrastructure provider, saw its shares climb 40% on over-the-counter markets after locking in a $20 million credit line from Sygnum Bank, the Swiss digital asset-focused lender. The loan, backed by Neptune’s Bitcoin ( BTC ) holdings, will help it expand its Bitcoin stash as well as buy other crypto-related assets, and fund strategic investments, the firm said in a Jan. 21 press release . You might also like: KULR, Genius Group expand Bitcoin holdings “The loan is structured to give us ample flexibility while maintaining Swiss banking protections over the Bitcoin collateral. At this pivotal stage in our development, the US$20 million positions us to expand our digital asset portfolio, pursue strategic investments, and strengthen our balance sheet — without diluting shareholders through equity issuance.” Cale Moodie, Neptune’s CEO Sygnum Bank also pears confident in Neptune’s plans, with head of credit Benedikt Koedel sharing his excitement to support the firm “as they expand their digital asset portfolio.” The market responded fast, with Neptune’s shares surging over 40% on OTCMarkets to a record high of $1.15. The firm also trades on the TSX Venture Exchange under the ticker NDA. The move followed a wave of activity from other public companies rushing to buy Bitcoin under the first pro-crypto administration in the White House. For example, Oxbridge Re Holdings Limited, a publicly listed reinsurance and tokenized asset firm, announced on Jan. 21 that it added Bitcoin and Ethereum ( ETH ) to its treasury reserves as a store of value. Read more: Rex Shares files for TRUMP and DOGE ETFs
COINOTAG reported on January 22 that significant movement has been observed in the cryptocurrency market, as data from Onchain Lens highlights a high-value transaction involving a major whale. This entity
COINOTAG has reported new insights on January 22nd regarding the evolving relationship between traditional finance and cryptocurrency. During a recent discussion on social media, Jenny Johnson, CEO of Franklin Templeton,
On January 20, 2025, cryptocurrency analyst Egarg Crypto presented an update on XRP’s market dominance, incorporating kinetic energy to explain its potential upward trajectory. The detailed chart attached to the analysis provides insights into XRP’s performance and outlines critical resistance levels, milestones, and targets for the future. The Concept of Kinetic Energy in XRP’s Momentum Egarg draws an analogy between kinetic energy in physics and XRP’s market dynamics. The formula for kinetic energy, KE = 1/2 mv², serves as a foundation to illustrate how XRP’s momentum is building. In this context, the “mass” represents XRP’s growing market dominance, while “velocity” corresponds to the speed of its adoption and increasing usage. According to Egarg, as both dominance and adoption rates grow, the energy propelling XRP forward will intensify, creating the potential for a significant market surge. The analysis identifies several key drivers contributing to XRP’s momentum. Adoption is rapidly increasing as XRP continues to solidify itself as a reliable solution for cross-border payments. This growing usage is supported by an expanding network of partnerships with financial institutions , which are helping to enhance its utility and market position. Additionally, the regulatory environment surrounding XRP has become more favorable, reducing legal uncertainties and fostering a smoother operating framework. Lastly, XRP’s infrastructure and transaction speed accelerate its appeal, further reinforcing the momentum behind its market growth. Technical Insights from the “Sky Dome” Chart The captioned chart, “Sky Dome & Kinetic Energy,” provides a technical perspective on XRP’s market dominance. It highlights historical trends, key resistance levels, and projected targets. XRP’s market dominance peaked at approximately 15.57% in 2017, a 310% increase from earlier levels. Egarg suggests this historical surge serves as a precedent for the current phase, indicating that a similar trajectory is possible. #XRP – SKY DOME & Kinetic Energy (UPDATE: 20% Dominance!!!) The Kinetic Energy Brief: Kinetic energy is the energy an object possesses due to its motion. It’s calculated using the formula: KE = 1/2 mv to the power 2 where m is the mass and v is the velocity. Remember,… pic.twitter.com/L8qLkAN6Rk — EGRAG CRYPTO (@egragcrypto) January 20, 2025 As of January 2025, XRP is approaching a critical milestone: closing above 6.10% market dominance. According to Egarg, this level represents a vital resistance point that, if broken, could unlock further upside potential. The target outlined in the analysis is a 20% market share, requiring a substantial 310% increase from current levels. Achieving this would place XRP in a dominant position, reflecting the combined strength of its adoption, usage, and favorable external factors. The “Sky Dome,” prominently displayed in the chart, symbolizes the overarching resistance trendline that XRP must break through to realize its full potential. Fibonacci retracement levels further structure the analysis, providing additional context for monitoring XRP’s progress. Future Outlook and Key Milestones Egarg’s conclusion emphasizes the importance of XRP’s kinetic momentum. Closing above the 6.10% dominance level is critical in confirming bullish sentiment and setting the stage for sustained growth. The 20% market share targetis backed by historical patterns and current market conditions. This analysis offers a compelling outlook for XRP’s future, urging the community and investors to pay close attention to these key milestones and the broader market dynamics shaping its trajectory. The post “Sky Dome & Kinetic Energy” Chart Analysis for XRP 20% Market Dominance appeared first on Times Tabloid .
The U.S. Securities and Exchange Commission (SEC) is set to hold its first closed meeting since Mark Uyeda took over as acting chair. Scheduled for Thursday, the meeting will include commissioners, legal counsel, and enforcement officials, focusing on litigation claims, administrative proceedings, and regulatory enforcement. Ripple Case Remains a Key Focus The meeting follows Judge … Continue reading "SEC to Hold First Meeting Under Mark Uyeda’s Leadership" The post SEC to Hold First Meeting Under Mark Uyeda’s Leadership appeared first on Cryptoknowmics-Crypto News and Media Platform .
According to recent data from CoinGecko, as reported by COINOTAG on January 22nd, Upbit’s trading volume has soared to a remarkable 6.67 billion US dollars over the last 24 hours.
The post Crypto News Today (Jan 22nd, 2025): Bitcoin ETFs See $140M Inflows | SOL Leads Top Altcoins appeared first on Coinpedia Fintech News The crypto business today has been posting greener numbers, with its market cap rising 3.49% to $3.64 trillion. However, the trading volumes stumbled by 37.40% to $196.58 billion. The Fear & Greed Index ticked up to a “Greed” score of 66, cautioning marketers of further moves. Bitcoin Price Holds at $105k Amid Strong ETF Inflows Bitcoin price slipped 3.69% in the last 24 hours to $105,616.24 despite notable ETF inflows totaling $140.64 million, this excludes BlackRock’s numbers. BTC continues to dominate with a market cap of $2.09 trillion, showing resilience in a volatile market. Bitcoin’s 24-hour high reached $107,180.92 before facing a modest pullback to current levels. Explore our Bitcoin Price Prediction for a detailed analysis of BTC’s potential trajectory. Solana and Ethereum Push Altcoin Rally? Solana led the altcoin surge, zooming 8.46% to $256.31, marking its strongest daily gain in weeks. Ethereum also performed well, climbing 3.10% to $3,323.95, while XRP saw a 3.09% uptick to trade at $3.17. Read our Ethereum Price Prediction to understand ETH’s future movements. Top Gainers AI16Z : Exploded by 42.02% to $1.22. TRUMP : Gained 27.24%, now at $41.73. HYPE : Climbed 23.53% to $25.89. Top Losers FARTCOIN : Slipped 2.90% to $1.75. OKB : Dropped 2.41% to $57.85. JUP : Declined 2.26%, trading at $0.8775. Subscribe to stay updated for daily insights into the fast-changing world of cryptocurrencies! FAQs 1. What is today’s Fear & Greed Index score? Today’s Fear & Greed number is 66, indicating “Greed” in the market. 2. Which altcoin gained the most in the last 24 hours? AI16Z posted the highest gains, soaring 42.02% to $1.22. 3. How is Ethereum performing today? Ethereum’s price increased by 3.10% in the past 24 hours to $3,323.95.
The post Jito Breaks Records: Over $20M in Fees for Two Days in a Row appeared first on Coinpedia Fintech News Solana’s MEV infrastructure, Jito, has made history by capturing more than $20 million in fees on two consecutive days, a first-ever achievement. On January 20, during the MELANIA transaction, Jito reached a new record, earning $26.49 million in just one day. Jito has now become the leader in fee capture, surpassing other protocols like Meteora and even Solana itself. This incredible achievement showcases Jito’s growing strength in the Solana network and its significant impact in decentralized finance (DeFi). As Jito continues to grow, its influence in the DeFi space is set to expand, challenging the market’s current dynamics.
Spot Bitcoin exchange-traded funds in the United States resumed their positive inflow streak on Jan. 21, following President Donald Trump’s inauguration, with BTC holding above $105k. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $802.5 million in net inflows on Jan. 21, extending their previous inflow run to four days, during which over $3.2 billion entered the funds. The majority of inflows on Tuesday came from BlackRock’s IBIT which saw $661.9 million enter the fund and lead the highest inflows for the the third straight day. Grayscale’s mini Bitcoin Trust followed with an inflow of $136.39 million. ARK 21Shares’ ARKB, Fidelity’s FBTC and Franklin Templeton’s EZBC also contributed to the positive momentum with more modest inflows of $8.51 million, $6.97 million and $6.18 million respectively. Bitwise’s BITB bucked the trend with an outflow of $17.41 million. The remaining BTC ETFs saw “0” flows on the day. The total trading volume for the 12 Bitcoin ETFs reached $5.05 billion on Jan. 21, while the total net inflows into the investment products since launch stood at $38.98 billion. You might also like: Trump’s ‘golden age’ begins without Bitcoin, but experts say big moves are coming Despite the significant inflows of $802.5 million recorded on Jan. 21, they fell short of the $1.08 billion seen the previous trading day. This decline likely stemmed from President Donald Trump’s failure to issue an anticipated executive order to establish a Bitcoin national reserve and prioritise cryptocurrencies as a national agenda. According to Kadan Stadelmann, CTO of Komodo Platform, Trump’s early days in office could turn into a “sell the news” event. He explained that the initial optimism in the crypto markets following Trump’s election might fade, as investors had already priced in anticipated policy changes well before Trump assumed the Presidency. However, Stadelmann urged crypto enthusiasts to remain hopeful, noting that Trump’s focus on pressing national challenges has delayed immediate crypto-related actions. “Overall, the Bitcoin and crypto markets should still expect a more crypto-friendly administration under Trump. We see institutions still expecting crypto liberalization as they continue to buy up Bitcoin ETFs ahead of expected policy changes.” Kadan Stadelmann, CTO of Komodo Platform. At press time Bitcoin ( BTC ), was up 3.1%, exchanging hands at $105,708 per coin. Read more: MicroStrategy Bitcoin stake up to 461k with new $1.1b purchase
Amidst significant market activity, President Trump’s recent comments about his meme coin, TRUMP, prompted immediate fluctuations in its valuation. Despite initial uncertainty, TRUMP’s substantial launch performance highlights the continuing fascination