Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims.

Bill proposes Florida's CFO be allowed to use public funds to "make investments in bitcoin and other digital assets for a certain purpose."

The crypto market continued to swoon this week following a collapse in values last weekend. It all started with tariffs announced last Saturday, which seems like a year ago at this point.

The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9. The decision, outlined in a Feb.

Ethereum (ETH) price is struggling to reclaim the $3,000 level as bearish momentum continues to weigh on its recovery. The RSI remains neutral, failing to break above 50 since February 1, indicating that buying pressure has yet to strengthen significantly.

Maryland's proposed Bitcoin reserve bill aims to integrate cryptocurrency into state investments, allowing Bitcoin holdings as a financial hedge. The legislation follows similar moves in Utah and Kentucky, reflecting growing adoption at the state level. The bill also outlines guidelines for accepting crypto payments. The post Maryland Joins States Proposing Strategic Bitcoin Reserve appeared first on Cryptonews.

Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission.

A growing number of U.S. states are actively pursuing legislation to establish strategic bitcoin reserves, signaling increasing interest in cryptocurrency as a financial asset. Strategic Bitcoin Reserves: A Look at 15 States Taking Action This week, David Sacks, the U.S.

The Dogecoin price has started out this month with a crash, sparking a bearish sentiment among DOGE investors. This bearish sentiment is further strengthened by historical data, which suggests that these investors shouldn't be too optimistic about the foremost meme coin recording significant gains this month.

Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims.

Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217.

Digital securities firm Receipts Depo (RDC) is on track to launch XRP Depository Receipts (DR) in the United States. The offering is designed for accredited investors and backed by DWP Advisors.

Lawmakers in Maryland, Iowa, and Kentucky have introduced legislation proposing the creation of Bitcoin (BTC) strategic reserves in their respective states. The latest bills bring the number of US states considering Bitcoin reserves to 17.

A closely followed crypto analyst is issuing a warning, saying that Bitcoin (BTC) is still showing weakness despite recovering from its latest dip.

The Bitcoin network is experiencing a sharp decline in activity, according to CryptoQuant's Bitcoin Network Activity Index. The post Bitcoin Network Activity Drops 15%, Hits Lowest Level in a Year appeared first on Cryptonews.

Whales have been scooping up Dogecoin (DOGE) after the cryptocurrency's recent price slump, leading many to speculate whether a 300% surge is on the horizon. According to market analyst Ali Martinez, a significant number of whales took advantage of a dip, purchasing 750 million DOGE tokens as the price dropped below key psychological levels.

Despite recent corrections, the crypto market has highlighted four emerging Solana rivals showing strong growth. These altcoins have demonstrated resilience, attracting significant attention for their potential price movements.

In the wildly speculative memecoin market, Dogecoin (DOGE) stands firm, with its flag flying high. Amid increasing whale activity, the Dogecoin price is witnessing a significant rebound.

The latest drop in the price of Bitcoin (BTC) has prompted traders to take a pause amid the absence of strong price drivers that manage to reverse the current downtrend.

As the current bull market cycle continues, Ethereum‘s performance has been considered weak compared to other major altcoins like Dogecoin and XRP. With ETH unable to curb a major rally, many investors and traders are starting to demonstrate extreme caution toward the digital asset.

Bitcoin dropped to $96.8K as selling pressure increased. New investor activity slowed, but positive funding rates hint at a potential rebound.

Popular meme-based cryptocurrency Dogecoin (DOGE) has just seen a dramatic downturn that makes investors wonder about its future course. Driven by market volatility of Bitcoin (BTC), DOGE's value dropped by around 20% over the past week.

Barry Silbert thinks deAI is a generational opportunity. DCG's betting on it.

United States regulators approved the trading of options on Bitcoin ETFs in 2024.

Trump's recent involvement in crypto has sparked interest across the digital market after acquiring significant Ethereum tokens. The acquisition highlights a strategic investment in Ethereum when the market shows potential growth. However, Trump's crypto endorsement is not only fueling Ethereum's momentum.

Poland's central bank has ruled out Bitcoin as part of its national reserves, citing security risks and financial stability concerns. While other countries explore crypto reserves, Poland aligns with European regulators in favoring traditional assets like gold and foreign currencies. The post Poland's Central Bank Rejects Bitcoin for Reserves, Citing Security Concerns: Report appeared first on Cryptonews.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow options trading on BlackRock's iShares Ethereum Trust. The agency announced that it will determine by April 9, 2025, whether to approve or deny the proposal.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of options for BlackRock's iShares Ethereum Trust ETF (ETHA).

Today's U.S. jobs report indicated fewer positions added to the economy than expected, but bitcoin remained mostly flat on the news. Steady Bitcoin Price Reflects Cautious Market Reaction to U.S. Jobs Report Bitcoin (BTC) is trading at $97,783.95 at the time of reporting, rebounding slightly after dipping to $95,707.35 and peaking at $100,154.

Receipts Depositary Corp. already offers bitcoin and ether-backed securities and is now looking to expand its product suite by adding XRP.

Cryptocurrencies on Feb.7, 2025, traded largely mixed. While several altcoins, including Flare (FLR) and Ripple (XRP), gained, recent outperformers such as Pudgy Penguins (PENGU), Bittensor (TAO) and Hyperliquid (HYPE) struggled with downside pressure. Bitcoin's retest of the $100k level was brief as the price retreated to below $98k.

The Ethereum (ETH) price continues to stagnate close to $2,700 remaining locked well within its price range of the last three days, with traders continuing to bemoan the crypto's lackluster price action this bull cycle. The post Ethereum Price Stagnation Conditions, When Is a Pump Coming? appeared first on Cryptonews.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.

MicroStrategy (NASDAQ: MSTR), now rebranded as ‘Strategy,' has once again made headlines, this time not just for its Q4 earnings report but also for its fresh identity and the launch of a Bitcoin-branded merchandise store.

The market has already priced in less accommodating interest rate policy, and legislative tailwinds could aid Bitcoin's performance.

Alyse Killeen, Stillmark managing partner, explains why Bitcoin is facing major tailwinds this year. She joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology" to discuss.

The SEC delayed a decision on Friday on whether to approve BlackRock's proposal to list and trade options on its spot Ethereum ETF.

Analyst and trader Michaël van de Poppe is flipping bullish on one layer-1 protocol following a massive correction. Van de Poppe tells his 772,700 followers on the social media platform X that NEAR, the native cryptocurrency of Near Protocol, could surge to $20 within months, a 500% increase from its current value.

What's next for ETH price as average transaction fees drop to record lows?

Amidst the current positive mood in the market, a noteworthy event has sparked discussion and expectation: the potential for an exchange-traded fund (ETF) backed by Ripple's XRP to enter the fray.

The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.

Bitcoin (CRYPTO: BTC) has the potential to break out to a new all-time high above $108,000 in February, according to a new note by Standard Chartered. What Happened: Geoffrey Kendrick, the bank's head of digital assets writes a break higher is contingent on the absence of negative market catalysts, such as further DeepSeek developments or new tariff announcements, Key to this outlook is the behavior of U.S. Treasury yields, with a specific focus on the 10-year yield failing to consistently break above the 4.50% level.

Ethereum, the second-biggest crypto, has faced major headwinds recently. ETH price has dropped by 33% from the YTD high, and it continues to underperform Bitcoin.

The National Bank of Poland has firmly ruled out the possibility of incorporating Bitcoin into its currency reserves, citing significant security concerns.

XRP, the native cryptocurrency of Ripple, is currently facing significant downward pressure, continuing its bearish trend that has characterized the market over the past week. Despite XRP's strong performance in the past, recent market conditions have raised concerns about its immediate future.

In a sharp turn of events, a crypto whale has sold 8,500 ETH, raising speculations about the asset's direction. In recent weeks, sideways traders dominated crypto assets within the ETH price outlook, slipping below resistance levels.

As the crypto market is regaining momentum following the recent turmoil, leading altcoins such as Ethereum are exhibiting significant signs of growth and renewed potential. Driven by historical data, analysts and experts remain optimistic that 2025 Q1 will be bullish for the Ethereum price.