The ‘crypto president' has delivered on yet another promise he made to the industry. In an iconic display of loyalty on Jan. 23rd, 2025, Mr.
Matrixport, a leading digital asset financial services firm, has offered a fresh perspective on Bitcoin's potential price trajectory, emphasizing its short-term upside if crucial support levels remain intact. According to Matrixport's recent report, Bitcoin's price action is currently testing a pivotal support zone, with macroeconomic influences and institutional engagement creating a conducive environment for a potential price breakout.
President Trump just signed an executive order to evaluate the creation of a strategic national Bitcoin and crypto stockpile, as well as prevent the adoption of a Central Bank Digital Currency (CBDC) while boosting stablecoin adoption.
President Donald Trump on Thursday has signed executive orders on digital assets, aiming to bolster U.S. leadership in the crypto industry while halting progress on central bank digital currencies. The order establishes a Presidential Working Group on Digital Asset Markets, chaired by White House ‘AI & Crypto Czar' David Sacks.
President Trump's new executive order embraces Bitcoin and open blockchain technologies, bans Central Bank Digital Currencies, and revokes prior restrictive regulations—signaling a landmark policy shift toward fostering responsible innovation and financial freedom in the United States.
Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
A popular crypto analyst thinks one top-10 altcoin is on the verge of another rally. The pseudonymous analyst known as Altcoin Sherpa tells his 240,300 followers on the social media platform X that XRP‘s next leg is loading. XRP is trading at $3.17 at time of writing.
The recently pardoned Ross Ulbricht, the founder of the dark web marketplace Silk Road, looks to still hold millions of dollars in Bitcoin. This comes following the revelation of wallets linked to the Silk Road founder, containing coins that remained untouched while he was in prison.
Trumps executive order establishes a crypto working group to regulate digital assets and explore a Bitcoin strategic reserve. The post Trump signs executive order on crypto, moving closer to a strategic Bitcoin reserve appeared first on Crypto Briefing.
Ripple CEO Brad Garlinghouse has taken to the X social media network to address accusations of lobbying against Bitcoin.
CryptoQuant CEO Ki Young Ju believes China may have already sold the 194,000 Bitcoin (BTC) seized from the infamous PlusToken scam in 2019. In a Jan. 23 post, Ki shared on-chain data indicating that the confiscated assets were mixed and distributed to crypto exchanges, including Huobi, rather than being retained in the national treasury.
Fathom Holdings, a technology-driven real estate services platform, has announced the inclusion of Bitcoin in its treasury management program.
Bitcoin and most altcoins have fallen this week even after Donald Trump's inauguration to become the most crypto-friendly president in the US.
Coinbase CEO Brian Armstrong made a bold statement about Bitcoin's (BTC) potential to surpass gold as the ultimate form of money. In a conversation that highlights the ongoing evolution of cryptocurrency, Armstrong argued that Bitcoin is more suitable than gold for modern financial systems due to its inherent advantages in portability, divisibility, and utility.
Bitcoin is likely to hit record highs on more than 70 days this year, more than triple last year's number, if the price continues to mirror 2017's performance. CoinDesk's Christine Lee presents the "Chart of the Day.
Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs.
The Donald Trump administration's imminent adoption of the strategic Bitcoin reserve has regained momentum, driven by Senator Cynthia Lummis' new role in the Senate's Digital Assets Subcommittee. Experts like Binance founder Changpeng Zhao believe that Senator Lummis' appointment to the crypto committee is a significant step towards establishing a strategic Bitcoin reserve in the US.
Goldman Sachs CEO David Solomon has shared his thoughts on the role that Bitcoin plays in the global financial system. At a recent event, Solomon denied that Bitcoin or other cryptocurrencies might threaten the US dollar's dominance.
Michael Saylor, the CEO and Chairman of MicroStrategy (MSTR), made a cryptic post on X (formerly Twitter) that is making waves in the cryptocurrency industry. In his recent post, he stated, “We are going to Mars.
Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions.
Riot Platforms vice president Pierre Rochard accused Ripple Labs of actively lobbying against the establishment of a Strategic Bitcoin (BTC) Reserve (SBR) in the US. Rochard made the claims in a Jan. 23 social media post.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The co-founders of the blockchain analysis platform Glassnode say Bitcoin (BTC) may be gearing up for a series of rallies based on key metrics. Glassnode and Swissblock co-founders Jan Happel and Yann Alleman, who share the social media handle Negentropic, say that the Bitcoin Fundamental Index (BFI) is starting to signal a breakout.
Bitcoin's recent rally could continue, with analysts forecasting that the cryptocurrency may rise to $122,000 next month before entering a phase of consolidation. According to Markus Thielen, the head of research at 10x Research, Bitcoin is exhibiting a clear pattern of price movement in increments of $18,000.
Pro-crypto Wyoming Republican Senator Cynthia Lummis has been named the first-ever chair of the new Senate panel devoted to digital assets. The panel will focus on passing bipartisan legislation that boosts the industry while protecting investors, with a specific focus on market structure, stablecoins and a strategic bitcoin reserve.
Bitcoin shows strength due to traders' hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.
Bitcoin shows strength due to traders' hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.
Senator Cynthia Lummis (R-WY), known as the "Crypto Senator," has been named Chair of the Senate Banking Subcommittee on Digital Assets. What Happened: This appointment signals a renewed push by the United States to establish clear regulatory frameworks for digital assets while advancing initiatives like a U.S. strategic Bitcoin (CRYPTO: BTC) reserve, an idea championed by Lummis and supported by President Donald Trump.
Over the last few days, Bitcoin has displayed remarkable price performances and resilience, surpassing its previous all-time high of $108,000, achieved last December. However, many investors continue to face a setback as BTC's profitability decreases significantly.
Kansas State may adopt a proposal to invest up to 10% of employee retirement funds into spot Bitcoin exchange-traded funds (ETFs) if State Senator Craig Bowser's bill passes.
Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States' national Bitcoin reserve.
The ongoing crypto market resurgence has sparked wild accumulations among savvy investors. A prominent investor known for his timely investment in Bitcoin (BTC) in 2013 and Solana (SOL) in 2021 has returned to the market to point out three tokens under $5 to watch in 2025.
The Nasdaq-listed company called Bitcoin a “hedge against inflation and a safeguard against currency risks.”
Across ETFs, spot and futures trade, bitcoin combined for $130 billion volume yesterday.
Michael Saylor, Bitcoin maximalist and MicroStrategy's executive chairman, has taken to his account on the social media X platform (widely known as Twitter in the past) in the past to deliver a Bitcoin-themed MicroStrategy message to his multi-million army of followers.
Bitcoin and cryptocurrencies kicked off a new era with the inauguration of the first ever pro-crypto president. The key question is whether the shift towards crypto-positive regulation and rising market activity is a sustainable one or a temporary reaction to changing political tides.
Bitcoin reached an all-time high of $108,300 on Dec. 17, corrected to $89,000, and now consolidates around $102,000. It's poised between further bullish momentum and potential continued correction.
Bitcoin, the world's leading cryptocurrency, has faced several ups and downs in its market journey, and recent data suggests that short-term holders are now selling at a loss. This shift is raising concerns about Bitcoin's immediate future but also presents potential opportunities for long-term investors.
Bitcoin is flying high Thursday as momentum builds around a potential strategic national BTC reserve under President Trump.
The fund will be overseen by a board of trustee that will report to the state governor.
El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.
Fathom Holdings has taken a major step towards redefining real estate innovation with a major Bitcoin (BTC) move. On January 23, the real estate service platform announced that its Board of Directors had agreed to include BTC as a treasury strategy.
“A censored regime holding censorship-resistant money feels unlikely,” wrote CryptoQuant's CEO.
Despite recent fluctuations, Bitcoin (BTC), the leading cryptocurrency, remains a focal point of discussion among investors and industry leaders. Following its record high of $109,000 just days ago, Bitcoin's bullish momentum has waned, prompting renewed interest in its future potential.
Glassnode's data shows bitcoin's trajectory mirrors the midpoint of the 2015-2018 market cycle, suggesting potential for further growth.
In a recent development, pro-crypto Senator Cynthia Lummis became the chairman of the Senate Banking Subcommittee on Digital Assets, as confirmed by herself on X (Formerly Twitter). Lummis is known for being a strong advocate for cryptocurrency and blockchain technology, often referred to as a “crypto-friendly” legislator.
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin's total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth.