Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is likely undergoing one of its final consolidation phases before making a run to new all-time highs.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a notable rebound in price following a month-long decline. Over the past 24 hours, ETH surged by 2.87%, bringing its price to $2,718.88 as of the latest data.
Over the past 60 minutes, bitcoin's price has oscillated narrowly between $94,853 and $95,202, reflecting subdued trading activity amid a $1.88 trillion market valuation and $31 billion in daily volume. The asset has fluctuated between $94,898 and $98,467 in the last 24 hours, lingering 12.6% beneath its historic peak recorded 22 days prior.
Publicly traded crypto firms including Bitcoin miners saw substantial market cap gains in January, outpacing the crypto market itself.
Visa and Fold partnered to launch a credit card that offers bitcoin rewards. The new Fold Bitcoin Rewards Credit Card will join the debit card products already offered by Fold, which is a bitcoin rewards and financial services platform, Fold said in a Tuesday (Feb. 11) press release.
The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.
Ethereum (ETH) hovers under the $2,700 level amidst Bitcoin's resilience. Crypto market and top altcoins recover as traders shrug off fears over China's DeepSeek artificial intelligence advances, and U.S. President Donald Trump's tariffs.
Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,189.97 -2.3% Ethereum (CRYPTO: ETH) $2,600.05 -2.8% Solana (CRYPTO: SOL) $196.61 -2.8% XRP (CRYPTO: XRP) $2.40 -1% Dogecoin (CRYPTO: DOGE) $0.2519 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001559 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%.
Ahead of the US inflation report, Bitcoin's price is experiencing a bearish correction. This drop is triggered by significant sell-offs among investors, creating intense bearish pressure in the $95K-$100K range. Meanwhile, various on-chain metrics indicate mixed sentiments regarding Bitcoin's next direction, as traders on both sides continue to heavily influence the price chart.
Franklin Templeton has added to the list of companies eyeing approval for a Solana spot exchange-traded fund. On Feb. 11, the $1.
Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from February to May and will represent 4.3% of Gumi's $150 million market cap.
James Howells, a 39-year-old British IT technician, continues his relentless fight to recover a hard drive containing 8,000 bitcoins, now valued at over 750 million dollars. Faced with the imminent closure of the landfill where his digital treasure lies, he is now considering a radical solution: purchasing the entire site from the municipality of Newport.
dApp volumes on BNB Chain have surged by 42% in the last 30 days to $52 billion.
Trading legend John Bollinger has suggested that the price of Bitcoin (BTC) could potentially surge to the moon against Ethereum (ETH).
Nonetheless, Bitwise points to historical data that suggests Ether could be "poised for a potential rebound in February."
The overall cryptocurrency market is causing confusion due to heavy volatility. Amid this, whales and investors seem to be adding valuable tokens as they trade at discounted levels.
The Japanese hotel and investment firm Metaplanet witnessed its stock explode by a staggering 3,575% in the past year as it launched an aggressive Bitcoin (BTC) accumulation strategy. Metaplanet gobbled up 1,762 BTC last year and became “the best-performing stock worldwide,” according to a recent company earnings presentation.
In an astonishing development, Franklin Templeton has joined the Solana ETF rally, submitting documents in the US state of Delaware. By registering the Franklin Solana Trust entity, the asset manager has initiated procedures for its spot Solana ETF launch.
The regulator could reach a decision at the end of a 21 day comment period.
Meme coins continue to draw attention in the cryptocurrency market, but SkyBridge Capital founder Anthony Scaramucci believes their speculative nature could have negative consequences. What Happened: In an interview with CNBC on Tuesday, Scaramucci cautioned that the frenzy surrounding meme coins risks distorting perceptions of Bitcoin, making some investors question its legitimacy as an asset.
Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities.
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.
A crypto market crash has occurred, with Bitcoin, Ethereum, XRP, and the Dogecoin price witnessing significant declines. This price decline came following the Federal Reserve Chair Jerome Powell's testimony before the Senate Banking Committee.
North Carolina is stepping up its game in the digital asset space. The state recently introduced a new bill, House Bill 92, known as the “Digital Assets Investments Act.
Bitcoin (BTC) is likely to move higher as US Treasury yields remain below 4.50%, creating a favorable macroeconomic backdrop for digital assets, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In an internal note shared with CryptoSlate, Kendrick highlighted that the 10-year US Treasury yield has struggled to break above 4.
Recovery from oversold momentum indicator, the upcoming Pectra upgrade and Wednesday's CPI report are among the catalysts that could fuel an ETH rally,, a 10x Research report noted.
In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF.
Solana price falls below $200 as the network's onchain activity drops, but investors' anticipation of a spot SOL ETF could prompt a recovery.
KULR Technologies, a leader in advanced technology solutions, has made a notable move in its corporate financial strategy by further expanding its Bitcoin (BTC) holdings. The company recently disclosed the purchase of additional Bitcoin at an average price of $103,905 per BTC, including all associated fees and expenses.
Ethereum Layer 2's are raking in profits, leaving little left for Ethereum's foundational layer. How can this imbalance be resolved?
Ethereum outflow hits a 23-month high, signaling long-term confidence among investors.
The Bitcoin dominance (BTC.D) surged above 64% this week, its highest level since March 2021, sparking debate over an impending short squeeze that could send its price skyward. The stark warning comes from Joe Consorti, Head of Growth at Theya, who took to X on Monday to outline what he views as a decisive turning point for Bitcoin versus the rest of the digital asset market.
The U.S. Securities and Exchange Commission (SEC) has acknowledged a recent Solana ETF application proposed by Canary Capital.
The BTC purchase is part of Gumi's broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”
As BTC reacts to macro developments, crypto investors now view it as more of a risk-on asset than a store of value.
“We're here to make DeFi faster, cheaper, more decentralized," said Uniswap Labs founder and CEO Hayden Adams.
Raydium has jumped by 15% today, with the Solana-based coin rising to $5.60 as the cryptocurrency market suffers a 0.5% dip in the past 24 hours.
KURL Technology Group increased its Bitcoin treasury by $10 million, furthering its plan to accumulate the world's top cryptocurrency as a reserve.
Solana price (SOL) price remains below the $200 mark, struggling to regain momentum. The cryptocurrency has dropped 10% in the past week amid broader market uncertainty.
Florida and North Carolina lead U.S. states in Bitcoin adoption with Senate Bill 550. Lawmakers aim to allocate public funds into Bitcoin.
The UK landfill where $777,323,760 worth of Bitcoin (BTC) is presumed to have been dumped is reportedly set to close by next year.
Hong Kong has officially recognized Bitcoin and Ether as valid proof of assets for investment immigration applications under the New Capital Investment Entrant Scheme (New CIES), allowing applicants to meet the HK$30 million requirement with crypto holdings. The post Hong Kong Accepts Bitcoin, Ether as Proof of Wealth for Investment Visas appeared first on Cryptonews.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, is facing a unique supply challenge. According to a report from Bitwise Asset Management, individual investors now control the vast majority of Bitcoin's total supply.
Bitcoin may face a major supply shock as exchange reserves hit the lowest point in years. CryptoQuant data shows reserves at the lowest level since it began recording this data in 2022.
Elon Musk changed his X name to Harry Bōlz after defending one of his DOGE acolytes, with the shift sparking Solana meme coin surges.
The price of Bitcoin is gradually retaining its upward trend as the flagship asset eyes the $100,000 pivotal mark after a slight rebound on Monday. During the waning price performances over the past few days, recent data shows that BTC's funding rates have persistently maintained a bullish sentiment.
Bitcoin reserves on major exchanges have plunged to their lowest level in three years, as CryptoQuant data confirms that only 2.5 million BTC remains on platforms. The news comes as Bitcoin demand hits new highs, while physical gold is also being scooped up at record rates.