Metaplanet, known as the “Microstrategy of Asia,” has raised an additional 4 billion JPY in zero-interest bonds to buy more Bitcoin.
Eric Semler, Chair of Semler Scientific, has called on Zoom Communications to allocate its $7.7 billion cash reserves to Bitcoin, arguing it could drive growth and shareholder value.
Binance founder Changpeng Zhao , known as “CZ,” ignited a meme coin frenzy and subsequent backlash in the crypto community after sharing a story and photos of his dog, a Belgian Malinois named Broccoli. While CZ explicitly stated he was not creating a meme coin himself, the post prompted the launch of hundreds of tokens bearing the dog's name on the BNB Chain (CRYPTO: BSC).
Solana (SOL) price has struggled to maintain levels above $200, with its market cap now sitting at $94 billion. The latest price action shows that SOL faced strong resistance near $200 and has since declined to the $190 range in the last few days.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty.
Ripple officially unveiled its long-awaited stablecoin, Ripple USD (RLUSD), marking a pivotal moment for its evolution. The new digital currency, first announced in April, began trading in December following the New York State Department of Financial Services (NYDFS) approval last week.
The co-founders of the market intelligence platform Glassnode are warning that Bitcoin (BTC) may decline if two main conditions don't start improving.
US-based crypto miners are facing delays in receiving ASIC mining hardware due to intensified scrutiny of shipments from China's Bitcoin, the dominant supplier of Bitcoin (BTC) mining rigs. As Bloomberg News reported, industry executives said shipments of Bitmain machines have been held up due to increased scrutiny by US Customs and Border Protection (CBP).
Bitcoin (BTC) and the broader cryptocurrency market have been rattled by heightened volatility following hotter-than-expected economic data, reigniting inflation concerns. The renewed pressure led to a 2.9% decline in the global crypto market cap, now standing at $3.28 trillion over the past 24 hours.
U.S. Customs is intensifying inspections of Bitmain mining equipment, leading to shipment delays and operational disruptions for bitcoin mining firms. The heightened scrutiny, alongside trade policies, could impact U.S. mining competitiveness amid supply chain challenges. The post Customs Hold Bitmain Equipment, Disrupting U.S. Bitcoin Mining Supply Chains appeared first on Cryptonews.
Cryptocurrency analyst Benjamin Cowen discussed the latest Consumer Price Index report and its potential impact on Bitcoin (CRYPTO: BTC) and the broader market, emphasizing the delicate balance between inflation and unemployment rates. What Happened: In his latest podcast on Wednesday, Cowen discussed how the 10-year Treasury yield affects Bitcoin's price action.
Franklin Templeton has taken the next step to corner an emerging sector of crypto-based products with Solana, bolstering SOL price forecasts. The post Institutional Money Flows Into Solana – Could Franklin Templeton's Move Push SOL to $10,000? appeared first on Cryptonews.
The XRP price is eyeing a rally to the $8 price level, which will mark a new all-time high (ATH) for the crypto. This comes amid speculations that the US Securities and Exchange Commission (SEC) is set to acknowledge the XRP ETF applications.
Ark Invest CEO Cathie Wood has reiterated the firm's bull case scenario for Bitcoin amid emerging factors. Cathie Wood previously projected the asset to soar over $1 million by 2030 in the wake of increasing institutional appetite and government adoption.
The Semler Scientific chair introduced the first member of his 'Zombie Zone' companies that could benefit from adding bitcoin to their balance sheet.
Santiment predicts a scenario where whales accumulate Bitcoin as retail traders panic in fear.
According to a report from JPMorgan, Tether may need to sell Bitcoin and other commodities to reach compliance with proposed US stablecoin rules. CEO Paolo Ardoino disputed this on social media but didn't address the core concerns.
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England is under scrutiny for extended delivery times on physical gold, fueling renewed debate about the reliability of gold-backed assets.
The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has unveiled a strategic token reserve designed to bolster top crypto projects like Bitcoin (BTC) and Ethereum (ETH).
As crypto faces declines, WallitIQ turns green, with predictions of a massive surge, attracting early investors. #partnercontent
Despite the global crypto market's recent rebound to reach $3.16 trillion, the Solana price is facing significant pressure. Solana's current struggle is primarily triggered by pump.fun's massive SOL sell-off.
The move may be part of the Trump administration's decision to onshore sensitive electronics industries and bolster domestic BTC mining.
Donald Trump teased via Truth Social that he plans reciprocal tariffs which could affect developing nations along with Bitcoin.
TL;DR Tether has responded to JPMorgan analysts, who suggested the company might have to sell Bitcoin to comply with new US stablecoin regulations. JPMorgan analysts based their comments on the GENIUS Act and STABLE Act bills, which propose strict reserve requirements for stablecoin issuers.
As investors show mixed signals, vast amounts of dormant Bitcoin (BTC) have moved after seven years at the earliest. The initial reaction from the market was neutral before hourly trading data showed bearish sentiments and a subsequent price fall.
Bitcoin and other cryptocurrencies faced a significant dip following the release of the latest CPI figures, which came in higher than anticipated.
Bitcoin (BTC) and the broader cryptocurrency market have been caught in sharp swings following the release of hotter-than-expected economic data, which reignited inflation fears and triggered widespread corrections.
Raoul Pal, CEO of Real Vision, delivered an optimistic outlook for cryptocurrencies and the broader market, emphasizing that the current economic cycle is just beginning and predicting significant upside potential for Bitcoin (CRYPTO: BTC) and altcoins. What Happened: In his podcast published on Feb.12, Pal highlights that the Institute of Supply Management (ISM) Index recently crossed 50, signaling expansion.
Taurus selected Solana for its high-speed, low-cost transactions and increasing demand for real-world asset (RWA) tokenization.
Bitcoin, the unalterable rock of the market, watches the altcoins sink under the weight of sales. Uncertainty looms, the suspense rises: bullish explosion or abyssal fall?
U.S. Customs and Border Protection has expanded its crackdown on cryptocurrency mining equipment, seizing Bitcoin (CRYPTO: BTC) mining ASICs at multiple ports across the country. What Happened: Acting on requests from the Federal Communications Commission (FCC), the agency has not only detained shipments of Bitmain's Antminer S21 and T21 models but is now targeting hardware from rival manufacturers MicroBT and Canaan as well, according to a report by Blockspace.
Doodles CEO and co-founder Scott Martin opened up about how the NFT brand is shifting gears. First up: a DOOD token launch on Solana.
XRP has been forming a red bearish candle since the beginning of February, which is a result of a price crash that took place at the start of the month. Although THE ALTCOIN has since recovered slightly, it has yet to return to its January open.
Pump.fun ecosystem is dominated by AI narrative tokens as other memecoins suffer carnage.
A series of Bitcoin reserve bills being considered at the state level in the U.S. could raise massive demand for the cryptocurrency, according to industry experts. If all 20 state-led bills are approved, they could potentially generate an estimated $23 billion in demand for Bitcoin, translating to around 247,000 BTC.
Self-proclaimed ‘crypto president' Donald Trump is forcing corporate America to face the Bitcoin question, whether companies are ready or not. Last week, David Sacks, Trump's newly appointed White House crypto and AI czar, stood before reporters at his first press conference straight from the Oval and laid out Washington's new crypto agenda.
While Bitcoin L2s recently witnessed outflows, a new protocol called Hemi amassed more deposits on its private mainnet network.
XRP consolidates at a crucial level, seeing $75M outflow, bullish outlook, and strong support from an ascending trendline.
Bitcoin's market dynamics may witness a notable shift following the release of the United States Consumer Price Index (CPI) data. While the US CPI data release is likely to trigger volatility in the general crypto market, Bitcoin could still see its price move upward once again.
Tether CEO Paolo Ardoino dismissed JP Morgan's claims that regulatory changes may force the stablecoin issuer to sell Bitcoin, expressing skepticism about the bank's predictions on Tether's compliance and market impact. The post Tether CEO Paolo Ardoino Dismisses JP Morgan's Bitcoin Sell-Off Prediction appeared first on Cryptonews.
Tether has refuted claims made by JPMorgan analysts regarding its Bitcoin reserves and ability to comply with upcoming US stablecoin regulations. In a Feb. 13 statement to CryptoSlate, the stablecoin issuer confirmed that it is closely monitoring developments around US stablecoin regulations while actively engaging with local regulators.
Tether slammed JPMorgan analysts for speculation that the issuer may need to sell its Bitcoin holdings to comply with newly proposed US stablecoin bills.
The dynamics of power are evolving at a breakneck speed in the crypto sphere. Today, it is BNB (Binance Coin) that is making headlines by surpassing Solana (SOL) in terms of market capitalization.
The latest downturn in crypto has resulted in many investors heading for the exits. However, there are signs that in the top two layer one cryptocurrencies, outside of Bitcoin, a bottom could be forming.
U.S. Customs and Border Protection is continuing its seizure of Bitcoin mining equipment at U.S. ports. The ASIC miners are reportedly being detained at U.S. ports of entry at the request of the Federal Communications Commission.
In a latest development, Russian brokerage Finam plans to offer structured notes linked to BlackRock's iShares Bitcoin Trust ETF (IBIT), aimed at qualified investors, despite unclear crypto regulations in Russia. This move will give qualified Russian investors their first chance to invest in spot Bitcoin ETFs.
Cautious optimism appears to have edged bitcoin's price upward a day after negative inflation data caused a market-wide decline. Bitcoin Bounces Back Slightly Despite Lingering Market Uncertainty Bitcoin (BTC) is seeing a modest recovery, trading at $95,863.12 at the time of reporting. Coin Market Cap data shows the leading cryptocurrency has gained 0.