Utah stands out as the state closest to a potential implementation. Its bill would authorize the allocation of 5% to "qualifying digital assets.
Despite the bullish factors, XRP's price is down by over 20% in the last week.
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 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.
Cboe BZX Exchange filed four applications for spot XRP ETFs with the SEC. SEC has 45 days to review, with possible extensions up to 90 days.
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.
XRP (XRP -2.33%) and Solana (SOL -1.51%) are two major cryptocurrencies that have been generating a lot of wealth for their investors during the past few years, including those who only invested a modest sum of money. However, it takes more than just buying and holding these coins to make a relatively formidable bag of cash, like $10,000.
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.
After four days of losses, XRP has retreated to a crucial resistance-turned-support level at $2.17. Even though the downward trend has persisted, there are indications that it might be abating, indicating that a big change in the mood of the market may be imminent.
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.
Most investors associate minting non-fungible tokens (NFTs) with blockchain protocols like Solana and Ethereum. However, with the launch of its Ordinals protocol in January of 2023, Bitcoin (BTC -1.67%) is technically capable of hosting NFTs, too, and in recent months, it's become an NFT hot spot.
XRP whales seized the recent market dip to accumulate 520 million tokens. The question now is whether this is part of a larger accumulation trend or just an isolated event.
Germany's federal election on 23 February 2025 is set to be a turning point, not just politically but also for the country's financial and crypto landscape.
Utah is moving closer to becoming the first US state to hold Bitcoin in its reserves after its strategic Bitcoin reserve bill passed the House and advanced to the Senate for approval.
Ripple (XRP) remains above the crucial $2 support level as market participants speculate on its potential surge. Despite recent fluctuations, the Ripple has retained investor interest.
Czech President Petr Pavel signed a historic bill on Feb. 6 that exempts Bitcoin from capital gains taxes if held for at least three years. The Czech parliament unanimously approved the measure in December last year, reflecting a commitment to align with the European Union's Markets in Crypto-Assets (MiCA) framework.
A closely followed crypto analyst says altcoins may undergo an explosive rally once a key Bitcoin (BTC) metric reverses. In a new strategy session, crypto trader Rekt Capital tells his 536,300 followers on the social media platform X that the Bitcoin dominance (BTC.
The XRP whale investors accumulated over 520 million coins in the recent correction, as US fund managers prepare to offer spot XRP ETFs in the near future.
The Cboe BZX Exchange has submitted form 19b-4 filings to the US Securities and Exchange Commission (SEC) to list and trade spot XRP exchange-traded funds (ETFs) for several asset managers.
BlackRock's proposal for in-kind redemption on its spot Bitcoin ETF product is now under review
Bitcoin network activity has significantly decreased, with daily transactions dropping by 53% from an all-time high as investor sentiment dips.
Riot mined 527 bitcoin in January, the highest amount since December 2023.
Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data.
While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold.
Long term investors have sold off over 20,000 BTC as Bitcoin slips 7.5% in the past week but analysts see buying opportunity.
XRP trading at $2.45 shows technical consolidation patterns while experiencing increased institutional adoption through Bank of America's implementation of Ripple technology, with analysts identifying $2.00 as a key entry point for potential upward movement.
The bill mandates government agencies to accept Bitcoin payments.
Bitcoin exchange reserves are declining as the price consolidates below $100,000, while Standard Chartered maintains a $500,000 price target ahead of potential policy changes under the Trump administration.
Signed into law by President Petr Pavel, this new regulation eliminates capital gains tax on Bitcoin. The tax-free benefit applies after just three years of holding.
Bitcoin's price has remained below the $100,000 mark since the start of February. Currently trading at $96,920, the leading cryptocurrency has noted a 7% drop in value over the past week.
Is this just a temporary dip, or is XRP gearing up for a parabolic rally?
BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.
Germany's upcoming federal election is not just a political event—and it could have a major impact on the country's financial landscape, as Bitcoin, crypto regulations, and even how the wealthy are taxed are becoming hot topics of German party campaigns.
The crypto market has always been marked by periods of extreme volatility, where panic and opportunities intersect in an instant. Indeed, the recent crash on February 3rd once again illustrated this reality.
Kentucky lawmakers propose a 10% investment of state funds in digital assets.
Bitcoin Season: what are the signals?
The Ripple whales are making headlines in the latest XRP news with their continuing buying trend. According to data, the whales have bagged more than 500 million tokens amid the recent price dip, indicating the still bullish momentum hovering in the market.
Kentucky lawmakers propose a 10% investment of state funds in digital assets.
The crypto market continues displaying mixed price action, highlighting increasing uncertainty. Moreover, top crypto tokens have plunged below their important support levels. With this, the Ripple token recorded a similar price action, resulting in increased bearish sentiment.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.
Kentucky lawmakers propose a 10% investment of state funds in digital assets.
The SEC is reviewing BlackRock's proposal to allow authorized participants to receive Bitcoin instead of cash when redeeming shares of its Bitcoin ETF
XRP's price continued to remain under severe pressure on Friday. At the time of writing, XRP price was down over 6%, trading at $2.30 after hitting an intraday low of $2.29 and a high of $2.46. The coin has seen a weekly decline of around 25%.