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.
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.
Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.
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.
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.
As the cryptocurrency market continues to expand, Lightchain AI is rapidly gaining traction among early investors and blockchain enthusiasts.
BTC struggles at $106K resistance as whale exits and Funding Rates spark uncertainty. Is there a breakout looming?
Solana seems to be eating Ethereum's lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.
This is a segment from the Empire newsletter. To read full editions, subscribe.
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.
Ross Ulbricht's wallet lost $12 million due to a liquidity addition mistake in a Pumpfun token transaction.
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.
TRUMP, a meme coin launched earlier this month on Solana, is available as a payment option at several of President Trump's online merchandise stores.
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.
JellyJelly Solana Token skyrocketed to a $250 million market cap, highlighting its strong demand for the new JellyJelly app.
Elastos Bitcoin DeFi raises $20M to scale BeL2.
When it comes to the rivalry between XLM and XRP, things are getting interesting. After a rough few months, Stellar's XLM token may finally have reached a key low against its long-time competitor, XRP.
Users of FutureBit Apollo miner equipment solved a block, taking the whole 3.125 BTC reward. The block was solved by up to 296 miners pointing their equipment at the problem, and is the second node solved with the Apollo mining equipment.
The CNB's board will decide the next steps based on the analysis, with no changes made until that process is concluded.
Geoff Kendrick, the head of digital asset research at Standard Chartered, has predicted that the price of Bitcoin could rocket to $130,000 within the next two months.
The AUSD stablecoin is now officially live on Solana, surpassing $20 million in issuance and boosting on-chain payments & DeFi growth.
Bitcoin's current bullish trajectory exhibits striking similarities to the 2015–2018 market cycle, as illuminated in a recent Glassnode report co-authored by analysts Cryptovizart and Ukuria OC.
Solana (SOL) has been navigating extreme volatility as the broader market shifted from bearish to bullish within hours yesterday. After experiencing a sharp 25% decline from its all-time high (ATH) in less than two weeks, SOL tested a crucial demand level and is now making an attempt to recover lost ground.
Best-selling author Robert Kiyosaki is changing his investment strategy in favor of Bitcoin (BTC). The Rich Dad Poor Dad author tells 3.5 million subscribers of his YouTube channel that since 1964, he has been investing in silver but is now trading in silver and gold for Bitcoin.
Shortly before assuming the presidency, Donald Trump launched his own meme coin on Solana. Melania Trump followed suit a day later.
"We want crypto DeFi to expand access to institutional-quality products," said Apollo Partner Christine Moy.
A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction. What Happened: The study, conducted by Renomowanekasyno.pl, highlights the various factors influencing players' choices in online crypto gambling.
CME Group, the world's largest operator of financial derivatives exchanges, announced it will introduce options on Bitcoin Friday Futures.