Traders have been wondering where some sell pressure has been coming from amid mass buying by US ETFs and MicroStrategy. Binance.
After a sluggish start to 2025, Cardano (ADA) has staged a sharp rebound. The cryptocurrency had slipped 6% year-to-date, struggling to regain momentum after failing to reclaim the $1 mark since January 20.
Crypto investment firm Grayscale is seeking to introduce a Cardano (ADA) exchange-traded fund on the New York Stock Exchange as the race for crypto ETFs heats up. This is notably the first spot ADA ETF in the US and Grayscale's first standalone Cardano investment product.
In the ongoing market uncertainty, whales and investors appear to be continuously accumulating Bitcoin (BTC), the world's largest cryptocurrency by market cap. Today, February 11, 2025, KULR Technology Group, a leader in advanced energy management platforms, once again made a significant move by adding an additional $10 million worth of Bitcoin.
The company now holds a total of 610.3 BTC, worth nearly $60 million at current prices, acquired at an average price of $98,312 per bitcoin.
Litecoin (LTC) was also among the top performers, gaining 6.5% from Monday.
Bitcoin has experienced a quiet weekend, with the price remaining stagnant around the $96,500 level for five consecutive days. This prolonged period of consolidation highlights the current indecisive nature of the market.
Bitcoin (BTC) has recently seen its funding rate drop to zero, raising renewed interest in the cryptocurrency market. This drop comes as a neutral signal within the futures markets, suggesting market indecision.
Bitcoin exchange reserves drop to a three-year low, signaling a supply shock as institutional buying from ETFs continues.
The rally follows Bloomberg analysts raising approval odds for a Litecoin ETF, and Monday's spot Cardano ETF filing.
KULR Technology Group, Inc. a leader in advanced energy management platforms, in a recent announcement revealed that it has increased its bitcoin purchases for its Bitcoin Treasury by an additional $10 million to reach a total of approximately $60 million in bitcoin acquisitions.
Binance decreased its corporate reserves, moving or reallocating some of its excess BTC, ETH and SOL reserves. Some of the funds shifted to USDC.
Poland's central bank has ruled out adding Bitcoin (CRYPTO: BTC) to its reserves, with Governor Adam Glapiński stating that the National Bank of Poland (NBP) will not consider holding the cryptocurrency “under any circumstances.” What Happened: His comments come as other countries, including the Czech Republic and the United States, explore the possibility of incorporating Bitcoin into their financial systems, Decrypt reported.
Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.
To unlock Bitcoin's true power, it is crucial to build a robust, self-sufficient DeFi ecosystem that incorporates all the necessary functionalities.
After a massive liquidation crash in January, the crypto market has been struggling to this day. Not only the smaller and less volatile cryptos but also the top ones, Bitcoin, XRP, Solana, and Cardano, struggled and faced high consolidations.
Since the beginning of February, Bitcoin has had difficulty stabilizing above the $100,000 mark. Donald Trump's tariff wars have triggered significant market volatility, keeping traders on edge.
Japan intends to advance its crypto policies through lower crypto gain taxation and BTC ETF authorization. The tax system requires investors to pay more than 55% of their profit, yet recent proposals could lower this rate by 20%.
Christian Lindner, FDP leader and former Finance Minister, supports discussing Bitcoin's role in Germany's state reserves and sees it as a complementary asset in diversified retirement portfolios. The post Ex-German Finance Minister Considers Bitcoin in State Reserves and Private Pensions appeared first on Cryptonews.
Bitcoin's short-term MVRV shows investors are still in profit but a drop cannot be ruled out.
Bitcoin ETFs saw $186 million in outflows on February 10, while ether ETFs recorded $22 million in withdrawals after a strong run of inflows. Bitcoin and Ether ETFs Experience Notable Outflows The start of the week brought a shift in sentiment for crypto exchange-traded funds (ETFs). On Monday, Feb.
Bitcoin miners resumed asset sales following wavering prices in the last seven days. Recent inflows to centralized crypto exchanges dipped sentiments last week.
It's more difficult than ever to mine Bitcoin (BTC), yet individual miners sometimes persevere — and claim a massive reward.
The state's lawmakers recently introduced HB 92, a groundbreaking bill. It could open the door for North Carolina to invest state funds in Bitcoin and other digital assets.
Elon Musk has backed bitcoin hero Ron Paul for Fed chair—author of 2009 book End The Fed
North Carolina is the most recent US state to introduce a strategic Bitcoin reserve bill. That's not only good news for Bitcoin – it's great news for the entire crypto market, including meme coins.
Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.
Bitcoin remains in a sideways range, with resistance at $100,000 and support at $95,000, indicating consolidation. The RSI stays in neutral territory, showing no clear overbought or oversold signals, suggesting market indecision.
Cardano (ADA) has experienced a major price surge, with its value rising over 15% in the past 24 hours. This surge mirrors the broader positive movement in the altcoin market and Bitcoin's recent rally.
Both Cardano (ADA) and Kaspa (KAS) have experienced sizable price surges in this current crypto bull market. However, both are also a long way from their respective all-time highs.
Bitcoin is flashing local bottom signals as miners enter a new “capitulation” phase, according to on-chain data. The post Bitcoin Shows Local Bottom Signals as Miners Enter Capitulation Phase: Analyst appeared first on Cryptonews.
Berkshire Hathaway Chairman Warren Buffett has been a legendary figure in investment circles for over half a century, and his stock picks are keenly watched by both experienced and rookie players. However, the “Oracle of Omaha” has remained steadfast in his opposition to cryptocurrencies and related investments, even though some of them may have outperformed the hottest equities in his portfolio.
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TL;DR North Carolina proposes House Bill 92 to invest up to 10% of public funds in Bitcoin ETPs, becoming the 21st state to consider BTC investments. The bill mandates strict investment guidelines, requiring digital assets to maintain a market cap of $750 billion and third-party managers to have $100 million in assets.
Crypto analyst Michaël van de Poppe predicts that Bitcoin is on track to hit a new all-time high within the next 2-3 weeks, following the strong performance of gold.
According to Bitwise, if companies and governments want to acquire Bitcoin, they'll largely have to buy it from individual holders. This prediction paints an intriguing picture of what's to come in the Bitcoin market.
“You can buy a lot and gain a lot, as well as lose a lot,” a bank official said. “However, we prefer something certain.
TL;DR NYSE Arca files for Grayscale's first-ever standalone Cardano ETF, marking a significant step towards creating a U.S.-based ETF for ADA. The announcement led to ADA's price skyrocketing by over 12% in a single day, reflecting growing interest and confidence in Cardano.
Data shared by the prominent blockchain sleuth Whale Alert shows that over the past ten hours, anonymous whales have exchanged more than a billion US dollars worth of the world's leading cryptocurrency – Bitcoin.
Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this market cycle before its price peaks.
This move reflects Tesla's continued confidence in Bitcoin's long-term value. While this might come as no surprise to those who have been following Tesla's history with Bitcoin, it's a clear sign of the company's commitment.
Tokyo-based gaming company Gumi Inc. has announced plans to invest 1 billion Japanese yen (approximately $6.58 million) in Bitcoin. The purchase is expected to take place between February and May 2025, marking a significant expansion into Web3 technology. Gumi Inc. Plan To Invest ¥1 Billion Gumi Inc.
Bitcoin miners may already be pointing the way to a major long-term BTC price rebound.
Bitcoin miners may be pointing the way to a major long-term BTC price rebound.
Bitcoin (BTC) has just hit horizontal resistance, plus the top of a wedge formation. Will the price break through, and head back over $100,000, or is it about to get rejected and fall back down to $92,000?
The renewed interest in altcoins, led by L1 projects, has increased the cash outflows from Bitcoin by whale investors in the past few days.
While the Bitcoin price struggles to breach past the $100K levels, yellow metal Gold solidifies its market position hitting a record-high of $2,940 per ounce. This has ignited the classic Bitcoin vs Gold debate with experts at both ends weighing in.
Grayscale and NYSE Arca have filed an application with the US Securities and Exchange Commission (SEC) to list a spot Cardano (ADA) exchange-traded fund (ETF), adding to the growing wave of digital asset funds seeking regulatory approval for ETFs.