Bitcoin (BTC) has been consolidating for over two months, with technical indicators suggesting the cryptocurrency may soon test key resistance levels, potentially paving the way for a breakout.
In a latest development, BlackRock has increased its stake in Michael Saylor's Strategy, reflecting its growing institutional interest in Bitcoin. In a Schedule 13G filing, it revealed that it now holds 5% of Strategy (MSTR), or about 11.2 million shares. This is a 0.91% increase from its previous 4.
The man moved the funds across several crypto exchanges in an attempt to keep them beyond the government's reach.
BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission. The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024.
Non-farm payrolls for January came in at +143,000 vs the expected +170,000, sending the dollar index into a typical yoyo.
TL;DR Over $3.12 billion in Bitcoin and Ethereum options expire today, which could influence market volatility. Market sentiment remains mixed: Bitcoin's put-to-call ratio is 0.57, reflecting some bullish optimism, while Ethereum shows a ratio of 0.45. Macroeconomic factors, such as Trump's tariffs and U.S. employment data, could determine the market's short-term direction.
ARK Invest has projected Bitcoin (CRYPTO: BTC) could reach $1.5 million by 2030 under its most optimistic scenario, with a base case of $710,000 and a bear case of $300,000. Alongside Bitcoin's growth, the firm also highlighted the rapid rise of stablecoins and other digital assets as key drivers shaping the future of financial markets.
Trump Media & Technology Group (TMTG) is expanding into financial services with its Truth.Fi investment products that include ETFs and SMAs.
The European Central Bank (ECB) may reconsider its relationship with any European national bank that adds Bitcoin to its reserves, according to ECB board member Piero Cipollone. In a Feb.
Bitcoin's Exchange Reserves drop, indicating accumulation while facing resistance that could decide its next move.
As Bitcoin (BTC) continues to trade within a tight range of $96,000 to $102,000, analysts are eyeing a potential bullish catalyst in the weakening US dollar (USD). A further decline in the USD could trigger renewed bullish momentum for risk-on assets, including BTC.
A Single Metric to Rule Them All – The Bitcoin Everything Indicator combines multiple key metrics into one comprehensive tool for better investment decisions.
Glassnode data indicated that Bitcoin's dominance increased after the FTX collapse in 2022. The analytics firm highlighted that more investors chose Bitcoin as an investment tool over other digital assets.
The company filed for six trademarks under its Truft.Fi umbrella. One of the filings is for a Bitcoin investment vehicle.
The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
The latest US Job data showed that the nonfarm payrolls increased by 143K in January, down from the Wall Street expectations. Simultaneously, the report also showed that the unemployment rate came in at 4% in the starting month of the year, down from 4.1% in the prior month.
Firoz Patel, Payza's founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds. The post Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison appeared first on Cryptonews.
Bitcoin ETFs experienced a net outflow of $140 million with the majority of the outflow coming from Fidelity's FBTC. In contrast, ether ETFs achieved their sixth consecutive day of inflows, adding $10.65 million. Ether ETFs Extend Inflow Dominance With Sixth Day of Consecutive Inflows On Thursday, Feb.
Franklin Templeton has updated their filing for an ethereum and bitcoin ETF to give the ticker of EZPZ in the final steps before listing.
BlackRock's total stake in Strategy now stands at 11.26 million shares, worth over $3.67 billion at current prices.
Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system.
Despite the hype of Bitcoin Reserve plans, Bitcoin's price is still below $100K. But Investors are not losing hope on Bitcoin and on its rising possibilities under Trump's leadership. Overall the year is bullish for Bitcoin as crypto is getting political support and new policies are meant to boost the industry rather than suppressing it.
Economist Henrik Zeberg believes current market conditions are ripe for a major Bitcoin (BTC) breakout. Zeberg tells his 173,900 followers on the social media platform X that market sentiment has gotten so low that it may indicate the bottom for Bitcoin and other digital assets is close. “BTC reached ATH (all-time high) on January 20th.
Crypto and wider market sentiment remains fragile ahead of the U.S. jobs report, QCP Capital analysts said.
The cryptocurrency market is at a crucial juncture as Bitcoin (BTC), Ethereum (ETH), and XRP navigate choppy waters following the latest macroeconomic data. The US Non-Farm Payrolls (NFP) report has fueled uncertainty, with investors watching closely for the next move.
Bitcoin has seen a surge in large-scale accumulation as 135 new wallets, each holding 100 or more BTC, emerged on the blockchain. This rise in large holders comes at a time when many smaller investors are pulling back from the market, a trend observed during recent Bitcoin price volatility.
A Canadian businessman has received a 41-month sentence in a U.S. federal prison for obstruction. Businessman's Account Blocked by Binance A Canadian businessman will serve 41 months in U.S. federal prison after pleading guilty to one count of obstruction of an official proceeding. The sentence was jointly announced by U.S. Attorney Edward R. Martin Jr.
Utah's Bitcoin reserve bill is headed to the Senate for passage. Arizona and New Mexico are also promoting similar Bitcoin reserve bills.
Outflows of Bitcoin (BTC) from exchanges reached the highest daily levels since April 2024, as whales continued to accumulate despite the dip under $100,000.
Donald Trump's media company Trump Media and Technology Group (TMTG) is launching a bitcoin exchange-traded funds (ETF)—as Trump's son Eric issues a bullish bitcoin price prediction
Standard Chartered has backed a bullish Bitcoin (BTC) price surge as long-term macro factors in the United States favor the market. The bank's researchers project a $500K price target during Donald Trump's second term in the White House.
Many traders are wondering whether the bull run has already reached its peak. However, Michaël van de Poppe, founder of MN Consultancy, has a much more optimistic outlook.
Strong job growth can lead to fears of inflation and increased interest rates, while weak data might signal an economic slowdown.
Bitcoin (BTC) exchange reserve continues its progressive decline, signaling price recovery expectations. The last crypto dip saw the asset plunge below $100k as billions in value were liquidated.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
Utah stands out as the state closest to a potential implementation. Its bill would authorize the allocation of 5% to "qualifying digital assets.
Kentucky's bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve.
President Donald Trump's majority-owned company, Trump Media and Technology Group Corp. (TMTG), is preparing to introduce exchange-traded funds (ETFs) and separately managed accounts (SMAs) under the Truth.FI brand.
The crypto market's unpredictability intrigues investors and analysts. In this, the Bitcoin price trajectory is the biggest predictor of the market's movement.
The Czech Republic has made a significant move by signing a new bill that exempts Bitcoin from capital gains tax if held for at least three years. Signed by President Petr Pavel on February 6, the bill was approved unanimously by the parliament in December 2024.
A dip in activity was marked by a sharp decline in the number of transactions and a spike in demand from long-term holders may underpin the bitcoin price.
Missouri Representative Ben Keathley has introduced a bill aimed at incorporating Bitcoin (BTC) into the state's financial strategy. The post Missouri Lawmaker Proposes Bitcoin Strategic Reserve Fund to Diversify State Investments appeared first on Cryptonews.
After hitting $100,000 last year, crypto investors remain bullish that Bitcoin (BTC -1.65%) can continue its rally in 2025. In the long run, some of the most bullish advocates for the digital coin believe it can top $1 million or more.
The Bitcoin miner also reported net income of $246.8 million and adjusted EBITDA of $321.6 million for Q4, 2024.
The market behavior of Bitcoin has undergone a dramatic change as its volatility has fallen to an all-time low. This change is a sign that the market is maturing and attracting more institutional investors, who had previously avoided its volatile price fluctuations.
With no real concerns in sight, the Bitcoin (BTC) price continues in its current sideways accumulation phase. All the while, tailwind after tailwind adds its momentum to a potential breakout.
Another Day and Another U.S. state propose a Bitcoin reserve fund for state investments. The latest push comes from Missouri, where a new bill proposes a Bitcoin reserve fund for state investments. This move aligns with former President Donald Trump's campaign promise, which seems to be gaining traction. With 17 U.S.