With the start of the new year, the crypto market has seen a new bullish resurgence, with Bitcoin (BTC) and other altcoins hitting multi-month highs. Apart from the spot market, the equity exchange-traded fund (ETF) market is also dominated by BTC, wherein Valkyrie’s Bitcoin Miners ETF (WGMI) is the leading equity ETF market and is up by 40% year to date. 

Bitcoin and its brethren appear to be healing from the damage done by the FTX collapse and the contagions that followed.

BTC soared above $18,000, reaching as high as $18,370 (on Bitstamp) in Thursday’s early morning EU trading session.The last time the cryptocurrency was trading at these prices was on December 14th.

Bitcoin and Ether prices rose in Thursday morning trading in Asia along with most other top 10 non-stablecoin cryptocurrencies, continuing almost a week’s run of price gains on signs of slower inflation in the U.S. The December Consumer Price Index (CPI) will be released Thursday in the U.S., a key inflation indicator for the Federal Reserve’s interest rate policy. XRP posted the largest gains following developments in the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs, Inc., whose payment network runs on XRP. (forkast)

He’s reportedly the largest known holder of Bitcoin in the world. Despite his massive wealth and influence in cryptocurrency, Zhan has managed to fly under the radar.

According to prominent industry experts, the CPI for December is anticipated to show annual inflation at 6.5-6.6%, which would be a decrease from November’s reading of 7.1%. This data is seen as a significant marker for investors attempting to figure out the next market movements. In a telecasted interview on CNBC, Gilman Hill’s Jenny Harrington predicted a CPI of 6.6% which she thought to “make sense”.

Debt-ridden Bitcoin (BTC) miner Argo Blockchain mined 147 BTC in December — 25.75% less than the 198 BTC it mined in November.

Throughout January, the USDT Dominance metric has been forced lower from 8.79% to 8.12% at press time. This represented a 7% drop and signified crypto market participants were willing to buy crypto with their stablecoins. This explained the gains Bitcoin and many altcoins witnessed over the past week.

Billionaire investor and TV personality Mark Cuban is looking to buy more bitcoin (BTC) despite the asset being down 75% from its peak.

It’s 14 years since the first Bitcoin (BTC) transaction was initiated, with its anonymous founder Satoshi Nakamoto acting as the sender. For the transaction that occurred on January 12, 2009, Nakamoto transferred the 10 BTC to computer scientist Hal Finney, the first-ever recipient on the Bitcoin blockchain.