The crypto market has just experienced a historic day, marked by a massive influx of capital into Ethereum. Indeed, the second largest cryptocurrency reached an all-time high of 38 billion dollars in daily trading volume, a threshold never crossed before.
February 5, 2025 – Billionaire entrepreneur whose net worth has surged to $414.6 billion, continues to reshape industries with his companies spanning electric vehicles, space exploration, AI, and even government efficiency. Tesla & Bitcoin: Financial Powerhouses Tesla, valued at $1.2 trillion, has seen a significant rise in its stock price, particularly following the 2024 U.S.
Analysts pointed to the Ethereum network's Dencun upgrade in March last year as a cause for ether supply inflation.
Ethereum has recently increased its gas limit beyond 30 million for the first time since transitioning to proof-of-stake (PoS), a significant step forward in improving the blockchain's scalability. The gas limit, which governs how many transactions can be processed in each block, now stands at an average of 31.5 million gas units, with plans for further increases, potentially reaching 36 million gas units.
Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks. The post Semler Scientific Buys $88M in Bitcoin, Reports 150% Paper Gain appeared first on Cryptonews.
According to CoinMarketCap data, Bitcoin's market dominance has climbed to 60.6% as altcoins struggle, marking a rise from its December low of 51%.
Billionaire venture capitalist Chamath Palihapitiya says the US government can get its federal sovereign wealth fund up and running by leveraging its Bitcoin (BTC) holdings.
Bitcoin's price dropped below $100,000 on Feb. 4, with fears of a global trade war leading to increased volatility.
Bitcoin (BTC) price failed to sustain above $100k on Tuesday, amid the renewed hope for the resolution in the United States-Mexico-Canada Agreement (USMCA). Ahead of the planned talk between US President Donald Trump and Chinese President Xi Jinping, Beijing has scheduled to implement a 15 percent tariff on U.S.
The Trump administration is pushing ahead with plans to regulate digital assets, with White House crypto czar David Sacks at the forefront.
Mining difficulty fell 2% from the previous month, which is relatively uncommon, the report said.
The expanded partnership aims to enable consumers to earn even more BTC hassle-free through daily transactions.
The blockchain ecosystem could soon witness an unexpected collaboration between Cardano (ADA) and Ripple (XRP).
Spot Bitcoin exchange-traded funds in the United States have returned to net inflows after President Donald Trump agreed to pause the imposition of tariffs on Canada and Mexico for a month following negotiations with their leaders.
Bitcoin Spot ETF inflows hit $341M, with BlackRock's IBIT contributing $249M.
An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption. The post Ohio Lawmaker Proposes Second Bill to Establish State Bitcoin Reserve appeared first on Cryptonews.
The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new post on X, Glassnode has discussed about how the Ethereum futures market has changed during the past day.
BTC looks heavy as critical sources of fiat liquidity begin to tighten, Trump administration goes slow on creation on strategic BTC reserve and charts point to weakening upward momentum.
The Nasdaq-listed firm said it plans to build 99 MW of data center capacity for bitcoin mining with the acquisition.
For years, Ethereum users have struggled with failed transactions due to insufficient gas fees. MetaMask's new Gas Station eliminates this hassle by covering fees within the swap process itself.
El Salvador's total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million.
After a brutal trade war-led crash on Monday, 330K ETH worth nearly $920 million left exchanges since February 2. Additionally, the spot Ethereum ETFs saw inflows of nearly 11K ETH.
Bitcoin's block size could grow to 4MB due to increased adoption of inscriptions, according to Mempool Research.
The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion. Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (SOL) and XRP experienced downward momentum.
Ohio is making bold moves in the crypto world, as a new bill aims to create a state Bitcoin reserve. Senator Sandra O'Brien has introduced a proposal that would allow the state's treasurer to invest in Bitcoin, making Ohio one of the growing number of U.S. states embracing digital assets.
Semler now has 3,192 Bitcoin following a recent buying spree, placing it as the 10th-largest corporate holder of the cryptocurrency.
Bitcoin price drops 6% post-David Sacks' press conference as traders shift to stablecoins. Will BTC break above $108K or slide below $92K?
Bitcoin's climb past $100,000 was short-lived as U.S.-China trade tensions resurfaced, triggering market uncertainty. While prices briefly rebounded after President Donald Trump announced a 30-day delay on new tariffs, some analysts warn that Bitcoin could still face a correction below $90,000 if geopolitical risks intensify.
Recently, Cardano (ADA) experienced a notable sell-off by large holders, often referred to as whales, dumping 330 million ADA tokens on exchanges during a sharp market decline. Typically, such a massive sell-off could have triggered a significant decline in price.
Solana started a fresh decline from the $220 zone. SOL price is consolidating and might face resistance near the $215 and $220 levels.
Financial analyst Rajat Soni has emphasized the value of owning even a fraction of Bitcoin, such as 0.1 BTC, as a potential means of securing long-term financial stability and generational wealth. Given Bitcoin's limited supply of just 21 million coins, owning a portion of this scarce asset could provide significant future value as the digital currency continues to rise in importance and value.
The crypto market on Wednesday again illustrated a volatile movement after showing signs of recovery recently. Bitcoin (BTC) price slipped back to the $98K level over the past day, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP have mainly mimicked a waning movement.
The cryptocurrency market has witnessed a sharp decline today, with the global market cap falling by 2.84% to $3.22 trillion. Trading volume also took a significant hit, dropping by 24.46% to $193.73 billion. The Fear & Greed Index currently stands at 38, reflecting a neutral sentiment among investors.
As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC.
The $21.7 million cash deal would give BitDeer the ability to mine BTC at some of the lowest costs in the industry.
The rapid rise of CALICOIN highlights the potential for innovative tech to drive market interest, but also underscores volatility in crypto markets. The post Cyborg-made Solana meme token CALICOIN soars to $30 million market cap in two hours appeared first on Crypto Briefing.
Ripple's legal uncertainty weighs on XRP as traders await SEC appeal plans. Could a reversal in stance unlock new highs, or is volatility ahead?
Bitdeer plans to construct a natural gas power plant and a 99 MW Bitcoin mining data center in Alberta, Canada.
World Liberty Financial (WLFI), a family-run firm associated with Eric Trump, has recently made headlines by transferring significant amounts of digital assets, including Ethereum (ETH) and wrapped Bitcoin (WBTC), to Coinbase Prime. The transaction has raised eyebrows, as it involves over $300 million worth of cryptocurrencies.
U.S. spot Ethereum exchange-traded funds (ETFs) surged to a record $1.5 billion in trading volume on Feb. 3, a 23% increase from the previous high of $1.22 billion on Dec. 19, 2022. This spike came as the crypto market reacted to President Trumps new trade tariffs, which sent Ethereum plunging nearly 36% to $2,100 before rebounding to $2,819.
Bitcoin dominance surged to 60.6%, marking a 5.01% increase in 48 hours, per CoinMarketCap. This shift suggests growing investor confidence in Bitcoin, despite market volatility.
Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing.
Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level.
Ohio Senator Sandra O'Brien wants to allow the state's treasurer to invest in Bitcoin — but no other cryptocurrency — to create the “Ohio Bitcoin Reserve Fund.”
Sacks also said that evaluating potential bitcoin reserve is a top priority and that he wants stablecoin innovation in the US.
The revolution is dead in El Salvador. It's a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
BNB Chain will sponsor ETH Oxford 2025, hosting a hacker house to facilitate blockchain innovation. Key events include workshops and a hackathon with a $156,000 prize pool.
Ethereum has long been the leader in the smart contract space, but as 2025 unfolds, significant challenges threaten its position. Internal leadership issues, controversial investments, and increasing competition from other blockchain platforms have created uncertainty about Ethereum's future.