As Bitcoin's price holds below $100,000, experts warn that the time may not be right for new long trades.
El Salvador has continued its accelerated Bitcoin buying spree, having accumulated over 20 BTC in the past seven days. According to data from the country's Bitcoin Office, 12 BTC was added to its stash on Feb.
The U.S. government is taking a big step toward crypto regulation, with the House and Senate forming a joint group to push new laws. Trump's crypto czar, David Sacks, made it clear that his goal is to secure America's dominance in digital assets.
Bitcoin faces multiple challenges to its bullish momentum as it trades near $100,000, including tightening USD liquidity, uncertainty over U.S. policy implementation, and escalating global trade tensions.
White House Crypto & AI Czar David Sacks called Bitcoin an excellent store of value. David Sacks stated evaluating a Bitcoin reserve is their top priority on the latest CNBC interview.
The ETH/BTC ratio has plunged to lows of 0.027, as institutional investors demonstrate a clear preference for Bitcoin ETFs.
Bitcoin is creating a bull market unlike any other as the network's stored capital crosses the $850 billion mark.
Bitcoin and other major cryptocurrencies seemed little moved by the first signs of the new regulatory landscape under President Donald Trump's new Crypto Task Force. The US Securities and Exchange Commission (SEC) has formed the task force to create “regulatory clarity” and a formal regulatory framework for the crypto industry, according to a statement from Commissioner Hester Peirce, but the process is likely to take some time.
Bitcoin mining firm Bitdeer has acquired 19 acres of land in Alberta, Canada for $21.7 million. The power plant could scale up to 1 GW of power.
Medical technology company Semler Scientific has expanded its Bitcoin holdings by 871 BTC to a total of 3,192 BTC, while industry leader MicroStrategy has paused its purchasing program after accumulating 471,107 BTC.
David Sacks, appointed by President Donald Trump as the U.S. AI and crypto czar, stated that Bitcoin is the original and leading crypto.
Few stories demonstrate the power of patience and long-term vision better than that of an anonymous Bitcoin miner. This individual, who mined 50 BTC back in 2010, has recently moved their holdings after 15 years, transforming an initial investment worth just $3.08 into a staggering $5 million.
Markets rarely move in straight lines, and Feb. 4 was a case in point. Spot Bitcoin ETFs collectively pulled in $341 million, and BlackRock's iShares Bitcoin Trust (IBIT) dominated with $249 million.
The cryptocurrency market has lost ~2.25% to its valuation in 24 hours with a trading volume of $190.85 billion. With this, the global crypto market cap is currently valued at $3.22 Trillion. Moreover, the price of Bitcoin is back around the $98,000 mark, highlighting increased bearish influence.
On-chain data shows the Bitcoin Mining Hashrate has witnessed a sharp rise towards a new all-time high amid all the chaos in the market.
El Salvador isn't slowing down on its Bitcoin journey. Even after adjusting its laws to meet the IMF's $1.4 billion loan requirements, the country continues to buy more BTC whenever prices dip.
February 5, 2025 – Billionaire entrepreneur whose net worth has surged to $414.6 billion, continues to reshape industries with his companies spanning electric vehicles, space exploration, AI, and even government efficiency. Tesla & Bitcoin: Financial Powerhouses Tesla, valued at $1.2 trillion, has seen a significant rise in its stock price, particularly following the 2024 U.S.
The US government's stance on Bitcoin as a potential strategic reserve is under scrutiny following recent statements from Crypto Czar David Sacks. His remarks at a press conference and on social media have fueled speculation that the administration might be reconsidering its BTC Reserve plan.
Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks. The post Semler Scientific Buys $88M in Bitcoin, Reports 150% Paper Gain appeared first on Cryptonews.
According to CoinMarketCap data, Bitcoin's market dominance has climbed to 60.6% as altcoins struggle, marking a rise from its December low of 51%.
Billionaire venture capitalist Chamath Palihapitiya says the US government can get its federal sovereign wealth fund up and running by leveraging its Bitcoin (BTC) holdings.
Bitcoin's price dropped below $100,000 on Feb. 4, with fears of a global trade war leading to increased volatility.
Bitcoin (BTC) price failed to sustain above $100k on Tuesday, amid the renewed hope for the resolution in the United States-Mexico-Canada Agreement (USMCA). Ahead of the planned talk between US President Donald Trump and Chinese President Xi Jinping, Beijing has scheduled to implement a 15 percent tariff on U.S.
The Trump administration is pushing ahead with plans to regulate digital assets, with White House crypto czar David Sacks at the forefront.
Mining difficulty fell 2% from the previous month, which is relatively uncommon, the report said.
The expanded partnership aims to enable consumers to earn even more BTC hassle-free through daily transactions.
Spot Bitcoin exchange-traded funds in the United States have returned to net inflows after President Donald Trump agreed to pause the imposition of tariffs on Canada and Mexico for a month following negotiations with their leaders.
Bitcoin Spot ETF inflows hit $341M, with BlackRock's IBIT contributing $249M.
An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption. The post Ohio Lawmaker Proposes Second Bill to Establish State Bitcoin Reserve appeared first on Cryptonews.
BTC looks heavy as critical sources of fiat liquidity begin to tighten, Trump administration goes slow on creation on strategic BTC reserve and charts point to weakening upward momentum.
El Salvador's total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million.
Bitcoin's block size could grow to 4MB due to increased adoption of inscriptions, according to Mempool Research.
The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion. Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (SOL) and XRP experienced downward momentum.
Ohio is making bold moves in the crypto world, as a new bill aims to create a state Bitcoin reserve. Senator Sandra O'Brien has introduced a proposal that would allow the state's treasurer to invest in Bitcoin, making Ohio one of the growing number of U.S. states embracing digital assets.
Semler now has 3,192 Bitcoin following a recent buying spree, placing it as the 10th-largest corporate holder of the cryptocurrency.
Bitcoin price drops 6% post-David Sacks' press conference as traders shift to stablecoins. Will BTC break above $108K or slide below $92K?
Bitcoin's climb past $100,000 was short-lived as U.S.-China trade tensions resurfaced, triggering market uncertainty. While prices briefly rebounded after President Donald Trump announced a 30-day delay on new tariffs, some analysts warn that Bitcoin could still face a correction below $90,000 if geopolitical risks intensify.
Financial analyst Rajat Soni has emphasized the value of owning even a fraction of Bitcoin, such as 0.1 BTC, as a potential means of securing long-term financial stability and generational wealth. Given Bitcoin's limited supply of just 21 million coins, owning a portion of this scarce asset could provide significant future value as the digital currency continues to rise in importance and value.
The crypto market on Wednesday again illustrated a volatile movement after showing signs of recovery recently. Bitcoin (BTC) price slipped back to the $98K level over the past day, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP have mainly mimicked a waning movement.
The cryptocurrency market has witnessed a sharp decline today, with the global market cap falling by 2.84% to $3.22 trillion. Trading volume also took a significant hit, dropping by 24.46% to $193.73 billion. The Fear & Greed Index currently stands at 38, reflecting a neutral sentiment among investors.
As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC.
The $21.7 million cash deal would give BitDeer the ability to mine BTC at some of the lowest costs in the industry.
Ripple's legal uncertainty weighs on XRP as traders await SEC appeal plans. Could a reversal in stance unlock new highs, or is volatility ahead?
Bitdeer plans to construct a natural gas power plant and a 99 MW Bitcoin mining data center in Alberta, Canada.
Bitcoin dominance surged to 60.6%, marking a 5.01% increase in 48 hours, per CoinMarketCap. This shift suggests growing investor confidence in Bitcoin, despite market volatility.
Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing.
Ohio Senator Sandra O'Brien wants to allow the state's treasurer to invest in Bitcoin — but no other cryptocurrency — to create the “Ohio Bitcoin Reserve Fund.”