A Week of Action in the Crypto Market
Welcome to our exciting weekly roundup in the dynamic world of cryptocurrencies! This Monday, January 13th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies, as reported by Coin Market Cap, and forecast how the market might evolve throughout the week. On Friday, January 17 th, at 6:00:02 PM EST (12:00:02 PM CET), we’ll compare these prices to the closing figures to identify market trends and fluctuations
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $90,663.94 | 16.44% | $105,568.09 |
| ETH | $3,047.02 | 12.46% | $3,426.57 |
| XRP | $2.38 | 36.13% | $3.24 |
| BNB | $664.68 | 8.78% | $723.07 |
| SOL | $175.18 | 23.79% | $216.86 |
| DOGE | $0.32 | 30.76% | $0.41 |
| ADA | $0.90 | 26.37% | $1.13 |
| AVAX | $33.62 | 21.89% | $40.98 |
| TON | $5.09 | 9.07% | $5.55 |
MoonPay Expands with $175M Helio Acquisition
MoonPay, a fiat-to-crypto leader, has acquired Solana-based payment processor Helio for $175 million. Helio’s platform enables businesses to accept crypto payments in Bitcoin, Ether, Solana, and USDC. This acquisition enhances MoonPay’s infrastructure, streamlining crypto payments for merchants and boosting trading and marketplace volumes.
JPMorgan Projects $15B Inflows for Solana and XRP ETPs
JPMorgan estimates exchange-traded products (ETPs) for Solana (SOL) and XRP could attract $15 billion in net inflows. With $2.5 billion in combined assets under management and $500 million in inflows last year, SOL and XRP ETPs could mirror Bitcoin and Ethereum’s adoption rates. SOL may see $3–$6 billion in inflows, while XRP could attract $4–$8 billion, based on BTC and ETH benchmarks.
Solana DeFi Exchange Jupiter Launches Rewards Checker Ahead of $575 Million Airdrop
Jupiter, the Solana-based decentralized exchange aggregator, has launched an airdrop checker for users to see if they are eligible for the upcoming “Jupuary” airdrop. This event will distribute 700 million JUP tokens (worth over $575 million), with 440 million tokens allocated to users benefiting from Jupiter’s products, especially token swaps. The goal is to expand the Jupiter ecosystem and reward the community for its engagement.
Tether and LayerZero Launch Multichain Stablecoin USDT0
Tether and LayerZero have introduced USDT0, a multichain version of Tether USD (USDT), powered by LayerZero’s Omnichain Fungible Token (OFT) standard. Available on Kraken’s Ink blockchain, with plans for Berachain and MegaETH, USDT0 unifies liquidity across chains without bridges by locking USDT on Ethereum and minting equivalent tokens on target chains, enabling seamless cross-chain transactions.
Bitcoin Could Hit $300K by 2025: A Bold Prediction
Bitcoin’s potential to reach $300,000 by 2025 has sparked debate, fueled by HashKey’s 50% probability estimate highlighted by Lark Davis. Davis examined market dynamics, inflation trends, and global influences, emphasizing factors that could drive BTC toward this ambitious mileston
Sources
https://cointelegraph.com/news/moonpay-acquires-helio-175m-solana-payment-expansion
https://cryptoslate.com/jpmorgan-believes-solana-xrp-etps-could-attract-15-billion-in-net-inflows/
https://decrypt.co/301126/solana-defi-exchange-jupiter-airdrop-checker
https://cryptoslate.com/tether-partners-with-layerzero-to-launch-cross-chain-stablecoin-usdt0/
