As the FOMC meeting on January 29, 2025, approaches, the crypto market buzzes with anticipation. The Fed is widely expected to hold rates steady, with 97.3% of market participants betting on no changes, per CME’s FedWatch Tool. Bitcoin and altcoins are already gaining momentum ahead of the announcement.
Analysts like Sam Stovall predict rate cuts later in 2025, possibly in Q2 and Q4, which could boost liquidity and risk appetite for crypto. A dovish Fed may pave the way for a bullish rally in Bitcoin and beyond.
XRP outshined Bitcoin and Ethereum this week, recording impressive weekly inflows of $2.1 million, as reported by CoinShares’ James Butterfill. This pushes XRP’s month-to-date (MTD) flows to a staggering $92.6 million. In contrast, Bitcoin and Ethereum saw combined outflows of $541 million, with Bitcoin losing $442 million and Ethereum $99.2 million.
$XRP forms a bullish hammer at key support. A trendline breakout could spark an upward move, targeting $5+. Watch closely—this is a pivotal moment for price action!
Metaplanet, dubbed Japan’s MicroStrategy, announced a $745 million fundraise via 21 million 0% discount moving strike warrants, targeting ¥116 billion. With 1,700 Bitcoin already acquired in the past eight months, the firm plans to amass 21,000 Bitcoins by 2026, mirroring MicroStrategy’s Bitcoin strategy. The ambitious move underscores its aggressive commitment to cryptocurrency investments, positioning Metaplanet as a leading Bitcoin player in Japan. Funds raised will exclusively fuel their Bitcoin accumulation goals over the next two years.
Chinese AI startup DeepSeek faced a cyberattack just as its AI assistant became the top-rated free app in the U.S. Apple App Store, surpassing OpenAI's ChatGPT. The attack caused outages and temporarily halted new user registrations. Since its January 10 launch, the DeepSeek-V3-powered assistant has rapidly gained U.S. popularity, challenging top AI systems at a lower cost. Monday's disruptions, the longest in 90 days, coincided with the app's success, shaking shares of AI-linked tech giants.
Ripple CEO Brad Garlinghouse advocates for a diversified US digital asset reserve instead of focusing solely on Bitcoin. In a Jan. 28 post on X (formerly Twitter), he emphasized the importance of reflecting the broader crypto ecosystem to ensure balanced policy and innovation. Garlinghouse’s stance opposes the push for a Strategic Bitcoin Reserve, which some believe could bolster the US dollar and economic security. He urges unity and diversity in shaping the future of digital asset strategies.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.