While the hearing represents a positive step forward, the Fed's monetary policy remains the main driver of Bitcoin's trajectory, analysts told Cointelegraph.
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.
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.
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.
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.
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.
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.
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.
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.
"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.
The crypto market closes yet another week, primarily facing turbulence due to macroeconomic events. However, Bitcoin (BTC) and altcoins have shown resilience, preventing further downside price momentum in the past seven days.
Bloomberg recently launched multiple asset indices to help investors diversify their traditional portfolios, a pioneering work that combines bitcoin and commodities.
Bitcoin has made waves in the crypto market recently with a significant surge in inflows to exchanges, totaling $1.04 billion over the past week. This marked a dramatic reversal from the prior weeks, where Bitcoin had experienced a net outflow.
BTC struggles amid Fed rate fears and ETF outflows. Can hopes for a US Bitcoin Reserve (SBR) reignite demand and push Bitcoin to new record highs?
Although Bitcoin remains stuck within a consolidation range, investors' confidence remains strong.
Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), met with El Salvador's President Nayib Bukele on Feb.
A Bitcoin analyst says he has moved his self-custodied Bitcoin into spot Bitcoin ETFs to give himself “peace of mind” by not having to deal with the hassle of having his own private keys.
Bitcoin's key levels on the charts might dictate where its price goes next.
Strategy (formerly MicroStrategy) preferred stock, STRK, had a record-breaking performance in its first two weeks. According to the company, STRK is now the best-performing out of 115 preferred stocks listed in the US since 2022.
Bitcoin traded at $97,705 with a market cap of $1.93 trillion and a lower than usual 24-hour trade volume of $15.54 billion, experiencing a quiet session on Saturday, Feb. 15, 2025, within an intraday price range of $97,089 to $97,965.
Bitcoin price consolidated within the $97,000 – $98,000 narrow range on Feb 15 entering a week of sideways movement and intense volatility. On-chain data shows an unusual increase in BTC deposits on exchanges, a move that could potentially trigger a breakout from the prolonged consolidation phase observed this week.
Market sentiment can be as volatile as the price for Bitcoin.
The State of Wisconsin Investment Board (SWIB) appears to have reduced its exposure to the Grayscale Bitcoin Trust exchange-traded fund while adding to its position in Blackrock's iShares Bitcoin ETF. A new filing with the U.S. Securities and Exchange Commission (SEC) indicates SWIB holds 6,060,351 shares of BlackRock's IBIT. With the fund trading at $55.
Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes customer deposits, emphasizing the company's growing reserves amid a competitive mining environment. Previously, the company had announced the acquisition of a $21.
New filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock's Bitcoin (BTC) exchange-traded fund (ETF). According to new filings with the U.S.
A Texas federal judge has put the brakes on the US Securities and Exchange Commission's (SEC) case against Geosyn Mining LLC, a Bitcoin mining and hosting company, after federal prosecutors filed criminal charges against three of its executives.
The Middle East, specifically the Gulf, might be ahead of the United States in terms of adoption.
Michael Saylor, the co-founder of MicroStrategy (now rebranded to Strategy) and a Bitcoin advocate, recently convened a meeting with President Nayib Bukele of El Salvador to deliberate on strategies for promoting the adoption of Bitcoin in the Central American country.
When Bitcoin (BTC) reached a record high above $100,000, one of the next key anticipated targets was the $200,000 mark. However, a veteran trader has ruled out this possibility in the coming years.
Bitcoin has entered a critical phase, holding its ground between key support and resistance levels. Currently consolidating around $95,000 to $98,000, the cryptocurrency's price action has remained relatively flat for weeks, leaving traders and investors wondering what comes next.
In contrast to its historic peak in daily transfer volume last year, Bitcoin's transactional activity in 2025 has dwindled to its lowest level in over eight months. During particularly sluggish intervals on certain days this year, blocks on the Bitcoin blockchain have been processed irregularly, creating an unpredictable environment for mining participants.
As the global war race on Bitcoin continues to heat up, another major U.S. competitor for Bitcoin's superiority has emerged.
Bitcoin is at a critical phase, consolidating below key supply levels and above crucial demand as the market anticipates its next big move. The price has remained in a tight range for the past week, creating mixed sentiment among investors and analysts alike.