While the hearing represents a positive step forward, the Fed's monetary policy remains the main driver of Bitcoin's trajectory, analysts told Cointelegraph.
Dogecoin (DOGE) could be gearing up for a possible record high above $1, with the asset's technical formation hinting at an incoming price breakout.
According to a newly published report by Blockspace, U.S. Customs and Border Protection (CBP) is said to have been impounding bitcoin application-specific integrated circuit (ASIC) mining machines. Sources Claim U.S.
Yes, you read the headline right as this is exactly how Samson Mow, renowned Bitcoin bull and "$1 million BTC" advocate, today responded to a query regarding his "maybe too much" optimistic outlook on the price of the leading cryptocurrency. What prompted the CEO of JAN3 for such assumptions was the news that big money is moving in Bitcoin (BTC).
A sluggish Bitcoin price performance has not been the only disappointing theme for the largest crypto market so far in 2025. According to the latest on-chain data, the Bitcoin network fundamentals have been dwindling since the final quarter of last year.
Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a conducive ecosystem for cryptocurrencies to grow.
Bitcoin is currently trading in a sideways range below the $100K mark, struggling to establish a clear short-term direction. This period of consolidation has sparked concerns among investors about the sustainability of the current bull run.
The week was a rollercoaster ride in the world of cryptocurrencies. From GameStop-themed crypto rallying to a Trump-backed project bolstering Bitcoin and Ethereum, the crypto market was buzzing with activity.
An Ethereum move to $2,880 might turn out to be a bull trap before a bearish reversal occurs.
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.
The popular cryptocurrency XRP, which is currently the third biggest digital asset on the market with a capitalization of around $160 billion, may be poised for a significant price appreciation. At least at such an opportunity hints a fresh outlook from prominent analyst Ali Martinez.
Ethereum (ETH) price has remained in a consolidation phase, trading below $3,000 since February 2. Over the past weeks, indicators like RSI, DMI, and EMA suggest that ETH lacks strong momentum, with neither buyers nor sellers taking full control.
Ether option markets are “leaning bullish,” with a “touch of caution” from large investors, as ETH faces significant downside volatility under $2,600, a Nansen research analyst told Cointelegraph.
While most investors consider competition to be something that's relevant for companies, it's relevant for cryptocurrencies, too, even leaders like Solana (SOL -1.11%) and the second-largest cryptocurrency, Ethereum (CRYPTO: ETH). In fact, the rivalry between these two chains is heating up -- and there's a clear winner so far.
Crypto analyst Egrag Crypto has again provided a bullish outlook for the XRP price. This time, the analyst predicted that XRP could hit $17 and revealed when the crypto could reach this price target.
Solana is trading within a parallel channel, signaling potential for a rebound, provided it maintains key support at $190.
Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers.
If national treasuries finally embrace Bitcoin as the ultimate digital store of value, it will open the door to its true utility as the digital fortress
Plan B, a bitcoin analyst who is famous for his stock-to-flow (S2F) price prediction model, has announced that he sold his tokens, pivoting to bitcoin exchange-traded funds (ETFs). Predicting a negative backlash from the community, he stated: “Yes I know, not your keys not your coins.
Despite the optimistic predictions, DOGE remains deep in red territory on a monthly scale.
Bitcoin's underwhelming fundamentals have become an increasing concern within the community.
The crypto market has never been shy about ambitious predictions, but a new technical analysis has reignited investor enthusiasm. A rare chart pattern, dubbed the "megaphone pattern," is said to have been crossed by Bitcoin, paving the way for a potential rise to $300,000 by 2025.
XRP price potential push to a new all-time high is in focus as the SEC's evolving crypto stance, key resistance levels, and bullish analyst forecasts suggest potential gains ahead.
According to recent data, the Ripple-affiliated XRP cryptocurrency is far more popular with Japanese investor compared to Ethereum (ETH).
XRP (XRP -1.93%) is a favorite investment of many cryptocurrency enthusiasts, and for good reason. Its usage as a medium of exchange for international money transfers means that banks and perhaps even governments will continue to find a reason to buy and retain the coin, even in the face of other fintechs offering similar services, and despite the presence of deeply entrenched competition in international transfers.
The crypto market is currently in red in early Sunday's trading session, with the majority of cryptocurrencies experiencing losses.
Prominent Bitcoin analyst PlanB has disclosed that he has shifted his entire Bitcoin portfolio from self-custody to spot Bitcoin ETFs. The post Bitcoin Analyst PlanB Moves Entire BTC Holdings to Spot ETFs for “Peace of Mind” appeared first on Cryptonews.
Bitcoin (BTC) has been navigating a period of consolidation, yet investor confidence remains remarkably strong, sparking speculation about its potential journey to $100,000. As the cryptocurrency market continues to show signs of bullish momentum, Bitcoin's price has steadily risen over the past 24 hours, further bolstering optimism among its supporters.
Transaction fees on the Ethereum network have dropped by 70%, from $23 million to $7.5 million per day. This dramatic decrease comes amid a major transformation for the blockchain, with the announcement of two significant updates scheduled for April 2025.
BTC's price action remains uncertain as traders watch key support and resistance levels closely.
Bitcoin is now at a crucial and uncertain phase, consolidating below the $100K mark and above the $95K demand level, as sentiment across the market remains divided. The short-term price action shows no clear direction, leaving investors uncertain about Bitcoin's trajectory.
XRP broke above the pivotal 50-day exponential moving average (EMA) in its biggest breakout since 2024. Many people view this technical move as a bullish indicator, indicating that the market might be moving in bulls' favor.
Vitalik Buterin, a co-founder of Ethereum, has laid out a long-term plan for the decentralization and scalability of Ethereum. Buterin put forth a solution based on Ethereum Improvement Proposal (EIP) 3668 in response to worries regarding the growing complexity of operating light clients in an ecosystem that is rollup-centric.
The top 5 cryptocurrencies by market capitalization have been in consolidation mode in the past day.
The Bitcoin analyst, PlanB, mentioned that the aim of the move is to manage Bitcoin more traditionally, the same way stocks and bonds are managed.
RLUSD's total supply soars to hit $120 million as XRPL holdings hit 37.5 million.
Ethereum has been struggling below the $2,800 mark for days, unable to reclaim it as support to kickstart a recovery rally. This key level remains a significant barrier for bulls, and as the price continues to consolidate below it, bearish sentiment is growing.
Luke Xie, co-founder and CEO of Satlayer, emphasizes the importance of highlighting bitcoin's other use cases, particularly with the introduction of Taproot. The ETF and Trump Effect on Bitcoin The increased public interest in bitcoin, sparked by rumors in Q3 2023 that investment giant Blackrock contemplated launching a bitcoin exchange-traded fund (ETF), persisted throughout 2024.
Last week, the cryptocurrency market was pretty unstable because of the latest inflation reports. This caused prices of many altcoins like BNB, Litecoin, and XRP to correct downward, hovering around dips.
Bitcoin (BTC) experienced $1.04 billion in net inflows to exchanges this week, effectively reversing three weeks of outflows, according to IntoTheBlock. This shift highlights market uncertainty driven by macroeconomic factors.
The Plan B Bitcoin forum on Jan. 30-31 marked a milestone in El Salvador, featuring a dual-language agenda for the first time. Over 2,500 attendees, including 1,500 Spanish speakers, gathered to explore the nations Bitcoin journey.
Bitcoin miners in the US face growing uncertainty as customs detainments of foreign ASICs increase.
The crypto world is seeing an interesting show as people who used to be against XRP suddenly change their minds. At the center of this development is Davinci Jeremie, who was once known as “the biggest XRP hater” but now predicts that the coin will reach a price of $20 to $24.
Ethereum, the second-largest cryptocurrency by market capitalization, has faced a tough year. Despite the overall surge in the digital asset market, Ethereum (ETH) has underperformed, losing 1.1% year-over-year, while rivals like Bitcoin (BTC) and Solana (SOL) have experienced significant gains.
Ethereum price has been showing strength and looks poised for a strong bounce-back all the way towards $6,000. Currently, ETH has been flirting around $2,700 levels with weekly gains near zero.
"Analyzing crypto market trends often resembles a balancing act between rational anticipation and unpredictable volatility. Since the beginning of the year, Bitcoin has experienced a significant downward trend during weekends, a pattern that has persisted for five consecutive weeks.
According to a recent filing with the United States Securities and Exchange Commission, Abu Dhabi's sovereign wealth fund currently holds a significant amount in BlackRock's spot Bitcoin ETF (exchange-traded fund). This purchase came in the final quarter of 2024 after asset management firm BlackRock secured the commercial license to operate in Abu Dhabi last November.
Martins Benkitis, co-founder and CEO of market maker Gravity Team, believes that any digital asset stockpile, as suggested by an executive order from U.S. President Donald Trump, should start with Bitcoin as its foundation. Altcoins in U.S. Digital Asset Stockpile Carry Risks While an executive order signed by U.S.