El Salvador's Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.
Ethereum (ETH) is showing signs of a potential price correction, with its Market Value to Realized Value (MVRV) ratio dipping below a critical 160-day moving average. This metric, which tracks the relationship between Ethereum's market value and its realized value, is signaling possible bearish trends, leading to concerns about a 40% price drop.
The Czech National Bank is exploring a potential expansion of its investment portfolio, as global institutions, such as the Norwegian sovereign wealth fund, show increasing exposure to assets like Bitcoin (CRYPTO: BTC). What Happened: The CNB's Bank Board, during its Thursday meeting, approved an analysis into broadening its international reserves.
DeepSeek may have “nothing to do” with crypto, but its sudden entrance on the scene affected crypto prices.
Elon Musk's electric car manufacturer, Tesla, reported a $600 million net paper gain on its Bitcoin holdings in the fourth quarter of 2024 after taking advantage of a new accounting rule that allows companies to value digital assets at current market prices each quarter.
ECB President Lagarde said she's "confident" bitcoin will not be a part of the assets of any EU central bank.
Bitcoin has caught yet another market correlation. According to JPMorgan analysts, BTC is most closely correlated with small-cap tech stocks.
XRP decoupled from the crypto market after positive regulatory developments for Ripple Labs reinforced investors' bullish conviction in the altcoin.
Trump's recent executive order may signal the end of Bitcoin's historically rigid four-year market cycle. With regulatory clarity, institutional adoption, and government-backed initiatives, could this policy shift usher in a new era of sustained growth—eliminating the dreaded crypto winter?
El Salvador agreed to stop accepting tax payments in BTC and to “gradually unwind” the Chivo wallet, a government-issued crypto wallet.
In a significant acknowledgment of the growing influence of the cryptocurrency market and its flagship asset, Bitcoin (BTC), Michael Saylor, co-founder of MicroStrategy, graces the cover of Forbes Magazine.
Bitcoin can be a tool for women all around the world closed out of the traditional financial system.
After negligible Fed decision impact, here's why BTC's Friday's inflation report could set market direction.
XRP reached a new all-time high of $3.41 on January 16. However, it has remained rangebound since then, facing resistance at $3.27 and finding support at $2.94.
At more than $100,000 per coin, Bitcoin is increasingly seen as a financial asset that can unlock new wealth opportunities for holders.
Christine Lagarde confirms Bitcoin will not be included in the eurozone's central bank reserves due to concerns over liquidity, security, and regulatory scrutiny.
Unlike its previous program, Kraken's revamped staking service ensures regulatory compliance and enhanced security, backed by third-party insurance.
TL;DR The price of Bitcoin has reached $106,000 after the release of US GDP data, which came in below expectations, favoring cryptocurrencies. Bond yields and the US dollar weakened, driving a rebound in the crypto market. Analysts expect BTC to stay above $106,000, which could lead to a sustained bullish movement and benefit other cryptocurrencies.
While the U.S. presidential committee continues to discuss the possibility of establishing a strategic reserve that may include a combination of domestic crypto tokens, state governments have already made their intentions clear.
The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.
With the successful completion of the trial, ABN AMRO and 21X are contributing to Europe's digital asset revolution, with 21X securing its place as one of the first regulated exchanges in the region.
Christine Lagarde seemed to dismiss concerns that Czechia's central bank would adopt Bitcoin as a reserve asset.
For Bitcoin accounts and those with dissident views, the takedown of accounts remind many that giant tech companies control much of what happens on the Internet.
The XRP Ledger (XRPL) is set to undergo a major amendment as part of its move to enhance the layer-1 network. Per the details shared by XRPScan, the AMMClawback amendment will enable token issuers to retrieve assets in defined circumstances.
Grayscale Investments has launched the Grayscale Bitcoin Miners ETF, offering investors exposure to bitcoin mining firms, as the industry continues to expand.
Brady Swenson, co-founder of the Bitcoin-focused financial services platform Swan, unleashed a series of accusations against Ripple CEO Brad Garlinghouse on January 29 via X.
The European Central Bank (ECB) has no intention of adding Bitcoin (CRYPTO: BTC) to its reserves, according to ECB President Christine Lagarde . Speaking after the central bank's latest interest rate adjustment, Lagarde dismissed the idea, stating that Bitcoin does not align with the ECB's standards for safety, liquidity and regulatory compliance, The Block reported.
European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.
Norway's central bank holds over $500 million in indirect Bitcoin exposure through investments in MicroStrategy and other BTC-focus entities.
The CNB board Czech National Bank Bitcoin proposal approved a proposal to assess investing in Bitcoin as part of its €140B reserves.
Grayscale, the first mainstream crypto-centric asset manager, announces the launch of MNRS, an exchange-traded fund (ETF) on Bitcoin (BTC) mining heavyweight stocks. It provides investors with yet another opportunity to benefit from the BTC rally without owning crypto physically.
Mizuho Securities initiated coverage on shares of MSTR with an "outperform" rating and a $515 price target.
Velar and its partners have raised more than 6,000 STX to incentivize users to adopt the .BTC digital identity on the Stacks layer-2 network.
The CNB approves plan to explore allocating a portion of its €140 billion reserves to Bitcoin.
Ark Invest CEO Cathie Wood on Tuesday shared her insights on crypto regulations under President Trump and Bitcoin's (CRYPTO: BTC) evolving role in financial markets. What Happened: Wood, a longtime Bitcoin bull, said in an interview with Bloomberg that she believes a Trump-led government would bring greater regulatory clarity and support for crypto across all branches of the U.S. government.
Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard Chartered wrote.
In a meeting following the European Central Bank's (ECB) interest rate cut announcement, the bank's President, Christine Lagarde, reiterated her long-standing criticism of cryptocurrencies in general, and Bitcoin (BTC) in particular.
In a latest development, the board of the Czech National Bank approved a proposal on Thursday to analyze the options for investing in additional asset classes, including bitcoin.
Tokenized Credit Fund offers access to Apollo Diversified Credit Fund, utilizing chains like Solana and Ethereum.
TL;DR Grayscale launches a Bitcoin Miners ETF focused on companies in the sector, offering a new investment alternative. The ETF provides exposure to Bitcoin mining without the need for direct cryptocurrency investment, reducing risk. Grayscale's management aims to capitalize on the growth of Bitcoin miners as global adoption of the cryptocurrency expands.
BTC struggles at $106K resistance as whale exits and Funding Rates spark uncertainty. Is there a breakout looming?
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The Czech central bank's exploration of Bitcoin for reserves could signal a shift towards digital assets, impacting global reserve strategies. The post Czech central bank approves proposal to explore Bitcoin for foreign exchange reserves appeared first on Crypto Briefing.
Illinois has taken a bold step by introducing a bill to create a Bitcoin reserve, making it one of the first US states to officially recognize Bitcoin as a financial savings tool. The move also means Illinois wants to store Bitcoin in its treasury, just like money in a savings account.
Some of the most optimistic targets are up to $14 per coin.
European Central Bank (ECB) President Christine Lagarde has reaffirmed that Bitcoin will not be included in the official reserves of the European Union. She stated that the digital asset does not meet the necessary criteria for liquidity, security, and safety, making it unsuitable for central bank holdings.
Bitcoin is up about 3% following the speech by Fed's chair Jerome Powell who said "banks are perfectly able to serve crypto customers."
Christine Lagarde said Thursday that bitcoin would not be included in the ECB's reserves, citing liquidity, security, and regulatory concerns.