Tokyo-listed mobile game developer Gumi Inc. has announced plans to acquire Bitcoin worth 1 billion Japanese yen (approximately $6.58 million). The post Tokyo Game Studio Gumi Inc. Announces Plan to Purchase $6.58 Million in Bitcoin appeared first on Cryptonews.

Bitcoin has crossed back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war.

Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here's where this could lead the asset's price.

Bloomberg ETF analyst James Seyffart says the SEC will officially acknowledge XRP and Dogecoin ETF applications this week. The post SEC Likely to Acknowledge XRP and Dogecoin ETF Applications This Week: Analyst appeared first on Cryptonews.

The crypto market today has posted a minor recovery, with the market cap inching up by 2.08% to reach the landmark of $3.22 trillion. Despite this change, the volume of trades took a hit of 2.21%, settling at $96.3 billion.

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

Eric Balchunas, Bloomberg's senior ETF analyst, and his team have estimated the approval odds of several altcoin ETFs.

Florida Senator Joe Gruters has introduced a bill that could pave the way for public funds to be invested in Bitcoin. Known as “SB 550: Investments of Public Funds in Bitcoin,” this proposed legislation would grant Florida's Chief Financial Officer (CFO) the authority to invest various public funds in Bitcoin and other digital currencies.

Santiment's social tracker shows top layer-1 blockchains are dominating 44% of the discussion on social media, while the top six memecoins are at 4%.

Strategy, formerly MicroStrategy, has acquired 7,633 BTC following its rebrand, increasing its total holdings to 478,740 BTC.

The pro-crypto stance of US President Donald Trump is reverberating across global markets, particularly in Japan, where one company's bold pivot to Bitcoin accumulation is generating extraordinary returns for its shareholders. Shares of Metaplanet Inc.

An Alabama resident on Monday confessed to hacking the SEC's X account and posting a fake Bitcoin (CRYPTO: BTC) exchange-traded fund approval message, causing millions of dollars in market losses. What Happened: Eric Council pleaded guilty to conspiracy to commit aggravated identity theft in a federal court in Washington, D.C.

Bitcoin, long the absolute master, looks helpless as Ethereum steals the spotlight: 793 million injected against 407 million, a Trafalgar blow to the ETP market.

A significant amount of dormant Bitcoin has been moved after sitting untouched for 7 to 10 years, fueling speculation within the crypto community regarding the potential market impact. According to CryptoQuant analyst Dan, approximately 14,000 BTC, valued at over $1.3 billion, was transferred.

The company said it expects to earn secondary revenue from staking its surplus bitcoin into Babylon, a bitcoin staking protocol.

The cryptocurrency market is currently trying to bounce back after experiencing a minor dip. Bitcoin is currently trying to rise above the $99,000 levels and is up by more than one percent in the last 24 hours. Cardano has climbed by more than 9% in the last 24 hours and Dogecoin has also gained 4%.

Elon Musk's company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without even adding to its stash thanks to Bitcoin's rally past $109,000. The company still holds 11,509 BTC, as confirmed in Tesla's SEC filing released Monday.

Crypto Market (Feb 11): Traders and investors are once again optimistic as Bitcoin and altcoin prices gained a notable upward movement on Tuesday. BTC price jumped nearly 2% in the past 24 hours, whereas altcoins mainly mimicked an uptrend.

Legal expert Jeremy Hogan speculates on why the U.S. government might include XRP in a potential strategic reserve. Hogan argues that critics focus too much on XRP's decentralization, while the government may view it from an economic standpoint.

XRP price tested the $2.280 zone and recently corrected some losses. The price is now facing hurdles near the $2.50 and $2.60 levels.

Legal expert Jeremy Hogan presented a speculative argument about the potential role of XRP in the United States' digital asset reserve. The suggestion comes at a time when discussions around the government's potential involvement in cryptocurrency assets are gaining traction.

Bitcoin exchange outflows hit a record 47,000 BTC, signaling potential accumulation ahead of Powell's testimony and inflation data.

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.'s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust.

The bill limits investments to Bitcoin exchange-traded products only but includes various state funds such as pensions and insurance.

Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase's CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum.

Bitcoin shows signs of recovery as analysts highlight dormant coin movement and the current state of the MVRV ratio.

Bitcoin price is consolidating above the $96,200 support zone. BTC is showing a few positive signs and might attempt to rally above $99,000.

The cryptocurrency market experienced a significant uptick in investor interest last week, as inflows soared to $1.3 billion. This marks the fifth consecutive week of positive inflows, signaling continued confidence in the digital asset space, despite recent price fluctuations.

Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP's deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S.

On-chain data shows Bitcoin just got harder to mine as the network Difficulty has witnessed an increase during the latest adjustment. Bitcoin Difficulty Has Just Set A New All-Time High According to data from CoinWarz, the Bitcoin Difficulty has gone up in the most recent adjustment.

NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.

Bitcoin pioneer Hal Finneys 2011 prediction of a $1 million BTC is gaining attention as Bitcoin recently surpassed $100,000. Finney, the first person to receive Bitcoin from Satoshi Nakamoto, foresaw BTCs potential as a global currency, estimating it could be worth millions of dollars each if it became dominant.

Peter Schiff is once again challenging Bitcoin (BTC) enthusiasts, pointing out a key inconsistency in its market cap relative to golds. In 2021, when BTC hit its all-time high of $69,000, its market cap was 10.72% of golds.

Proton, a privacy-focused company known for its encrypted services like Proton Mail and Proton VPN, has officially launched its self-custodial Bitcoin wallet across iOS, Android, and web platforms. This release follows a successful early access phase with over 100,000 testers.

U.S. endowment funds are increasingly investing in cryptocurrency as Bitcoins value soars. Emory University disclosed millions in Grayscales Bitcoin ETF holdings in October, while the University of Austin plans a $5 million Bitcoin fund to grow its $200 million endowment.

Coinbase (NASDAQ:COIN) CEO Brian Armstrong has weighed in on Bitcoins (BTC) rapid adoption, responding to a post by Mario Nawfal on X. Nawfal cited BlackRock (NYSE:BLK), stating crypto adoption is 43% faster than mobile phones and 20% faster than the internet, with over 300 million users in just 12 years.

Bitcoin rebounded on Monday after a weekend slump, rising 2.1% to $97,311. The worlds largest cryptocurrency had lost over 4% last week as escalating U.S.-China trade tensions spooked investors.

It's harder and harder for solo Bitcoin miners to successfully win a block, but they do hit the jackpot from time to time.

Ripple's legal battle with the SEC drags on as market watchers eye Paul Atkins' confirmation. Will regulatory clarity boost XRP's price?

Tesla's SEC filing reveals 11,509 bitcoin worth $1.119 billion, with a $589 million unrealized gain under new accounting rules, reinforcing its bullish crypto position. Tesla Reports $1.07 Billion in Bitcoin Tesla Inc. filed its annual 10-K report with the U.S. Securities and Exchange Commission (SEC) on Jan. 29 for the fiscal year ended Dec.

Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin exchange-traded funds (ETFs) in 2025, with XRP receiving the lowest probability.

The American state of Florida could be one of the pioneering local governments that allows a percentage of its state funds for cryptocurrency investments, particularly Bitcoin. Florida Senator Joe Gruters has filed a bill that would permit the US state to use 10% of its funds to buy Bitcoin.

Analysts James Seyffart and Eric Balchunas assessed the likelihood of the SEC approving various ETF products. They claimed that a Litecoin ETF is most likely but gave a few unexpected predictions.

After a massive run with memecoins over the past few weeks, the crypto community is returning back to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and other Layer-1 protocols. According to data insight from Santiment, Layer-1 networks have collectively seeing 44.2% of social discussions on specific coins.

Ripple expands in Europe, bringing instant, low-cost blockchain payments to Portugal and revolutionizing transfers on the Portugal-Brazil corridor. Ripple's European Footprint Grows—First Ever Launch of Its Payments Solution in Portugal Ripple announced a partnership with Unicâmbio, a Portuguese currency exchange provider, on Feb.

Bitcoin is now experiencing a break from last week's steady decline, which saw the asset drop as low as $94,000. As of today, BTC's price has steadily climbed, hovering above $97,000 at the time of writing—a 1.3% gain in the past day.

Anthony Scaramucci, the founder of Skybridge Capital, recently expressed his bullish stance on Bitcoin, predicting that 2025 will be an exceptionally favorable year for the leading cryptocurrency. Appearing on CNBC, Scaramucci highlighted that Bitcoin's price is nearing the $100,000 mark, signaling an optimistic outlook for the asset in the near future.

Top ETF analysts envision an uncertain future for the XRP ETF prospects due to the asset's troubled history under the previous SEC leadership.