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news-imageFebruary 11, 2025

Altcoin sector suffers historic losses while Bitcoin remains resilient

The altcoin sector is undergoing one of its most severe devaluations amid widespread sell-side pressure, with liquidity concentrated on a few trading pairs. According to a recent Glassnode report, weak adoption and product-market fit have compounded these struggles.
Publisher: CryptoSlate
Sentiment: Negative
BTC

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Positive
cover-imageTokenpost
February 12, 2025

Solo Bitcoin Miner Defies Odds, Mines Block Worth Over $300K

A solo Bitcoin miner achieved a rare feat by successfully mining block 883,181 on February 10, earning a reward of 3.125 BTC, valued at over $300,000. The total block reward, including transaction fees, reached 3.15 BTC, with Bitcoin priced at approximately $96,286 per coin, according to Mempool.space.

Positive
cover-imageThe Daily Hodl
February 12, 2025

Abra CEO Unveils Massive ‘Base Case' Price Targets for Bitcoin, Ethereum, Solana and Sui

The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.

Positive
cover-imageCoingape
February 12, 2025

Goldman Sachs Holds $1.5 Billion In Bitcoin ETFs: Report

Goldman Sachs has increased its holdings in Bitcoin exchange-traded funds (ETFs), culminating in a substantial $1.5 billion investment at the end of the fourth quarter in 2024. This development is outlined in the 13F filings with the U.S. Securities and Exchange Commission, which reveal the firm's escalated commitment to digital asset investments.

Neutral
cover-imageThe Currency Analytics
February 11, 2025

Osprey Funds Challenges Grayscale's Legal Win in Bitcoin ETF Lawsuit

The legal battle between Osprey Funds and Grayscale Investments continues to heat up, with Osprey challenging a recent court ruling that sided with Grayscale in a lawsuit over alleged unfair trading practices. At the core of the dispute is whether Grayscale misled investors by implying that its Bitcoin Trust (GBTC) would inevitably convert into an Exchange-Traded Fund (ETF).

Neutral
cover-imageCryptopolitan
February 11, 2025

Bitcoin steadies, uncouples from altcoin market in free fall

While Bitcoin has not been immune to the volatility in the markets, Glassnode analysts believe it is doing relatively well. The altcoin sector experienced significant sell-side pressure amidst the volatility as many assets struggled to achieve widespread adoption or product-market fit, presenting a more challenging market environment.

Negative
cover-imageThe Currency Analytics
February 11, 2025

Bitcoin's MVRV Score Drops – Short-Term Holders at Risk

Bitcoin (BTC) is currently experiencing a shift in market sentiment as its short-term holder (STH) Market Value to Realized Value (MVRV) score drops to 1.05. Although Bitcoin investors remain in profit, this decline in the MVRV score suggests a cooling-off in buying enthusiasm, which could pave the way for potential price corrections in the near future.

Positive
cover-imageThe Currency Analytics
February 11, 2025

Bitcoin Poised for New ATH as Gold Correlation Strengthens

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is showing signs of a potential surge towards a new all-time high (ATH). This prospect is linked to its historical and growing correlation with gold, which has seen significant appreciation amid global market instability.

Positive
cover-imageCryptopolitan
February 11, 2025

Stablecoin market expands in 2025, signaling bullish outlook for Bitcoin

The stablecoin market has significantly risen in value and has gained around $16.97 billion in 2025, as reported by blockchain analytics firm Glassnode. The total supply of cryptocurrencies has shot up slightly from around $194.2 billion to $211.2 billion in circulation, highlighting growing liquidity in the crypto sector.

Positive
cover-imagePYMNTS
February 11, 2025

Visa and Fold to Launch Credit Card Offering Bitcoin Rewards

Visa and Fold partnered to launch a credit card that offers bitcoin rewards. The new Fold Bitcoin Rewards Credit Card will join the debit card products already offered by Fold, which is a bitcoin rewards and financial services platform, Fold said in a Tuesday (Feb. 11) press release.

Negative
cover-imageBenzinga
February 11, 2025

Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: 'Final Move Down Before The Recovery,' Trader Says

Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,189.97 -2.3% Ethereum (CRYPTO: ETH) $2,600.05 -2.8% Solana (CRYPTO: SOL) $196.61 -2.8% XRP (CRYPTO: XRP) $2.40 -1% Dogecoin (CRYPTO: DOGE) $0.2519 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001559 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%.

Negative
cover-imageCoinPedia
February 11, 2025

Bitcoin Drops Below a Crucial Trend Line: Will BTC Price Plunge Further or Rebound Strongly?

Ahead of the US inflation report, Bitcoin's price is experiencing a bearish correction. This drop is triggered by significant sell-offs among investors, creating intense bearish pressure in the $95K-$100K range. Meanwhile, various on-chain metrics indicate mixed sentiments regarding Bitcoin's next direction, as traders on both sides continue to heavily influence the price chart.

Neutral
cover-imageCointribune
February 11, 2025

After 10 years of struggle, he wants to buy back the famous landfill where his 8,000 bitcoins would be buried

James Howells, a 39-year-old British IT technician, continues his relentless fight to recover a hard drive containing 8,000 bitcoins, now valued at over 750 million dollars. Faced with the imminent closure of the landfill where his digital treasure lies, he is now considering a radical solution: purchasing the entire site from the municipality of Newport.

Negative
cover-imageBenzinga
February 11, 2025

Anthony Scaramucci Warns Meme Coins Create Market Contagion, Fuel Bitcoin Skepticism

Meme coins continue to draw attention in the cryptocurrency market, but SkyBridge Capital founder Anthony Scaramucci believes their speculative nature could have negative consequences. What Happened: In an interview with CNBC on Tuesday, Scaramucci cautioned that the frenzy surrounding meme coins risks distorting perceptions of Bitcoin, making some investors question its legitimacy as an asset.

Positive
cover-imageCryptoSlate
February 11, 2025

StanChart predicts new highs for Bitcoin in February as US treasury yields stabilize

Bitcoin (BTC) is likely to move higher as US Treasury yields remain below 4.50%, creating a favorable macroeconomic backdrop for digital assets, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In an internal note shared with CryptoSlate, Kendrick highlighted that the 10-year US Treasury yield has struggled to break above 4.

Positive
cover-imageThe Currency Analytics
February 11, 2025

KULR Technologies Expands Bitcoin Holdings with Strategic Investment

KULR Technologies, a leader in advanced technology solutions, has made a notable move in its corporate financial strategy by further expanding its Bitcoin (BTC) holdings. The company recently disclosed the purchase of additional Bitcoin at an average price of $103,905 per BTC, including all associated fees and expenses.

Positive
cover-imageNewsBTC
February 11, 2025

Bitcoin On The Brink Of A Massive Short Squeeze, Expert Warns

The Bitcoin dominance (BTC.D) surged above 64% this week, its highest level since March 2021, sparking debate over an impending short squeeze that could send its price skyward. The stark warning comes from Joe Consorti, Head of Growth at Theya, who took to X on Monday to outline what he views as a decisive turning point for Bitcoin versus the rest of the digital asset market.

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