Despite Bitcoin having a robust global community, established infrastructure, and historical resilience, doomsayers are always predicting the apex crypto's downfall.
Bitcoin (BTC) investors may soon face increased volatility, with new concerns rising over large movements in Bitcoin holdings. A recent warning issued by prominent analytics firm CryptoQuant revealed that a massive 49,700 BTC, valued at around $5 billion, which had remained inactive for six to twelve months, are now being transferred.
Czech Republic advances crypto adoption with new law eliminating capital gains tax on long-term crypto holdings, set to align with EU's MiCA framework in 2025.
Bitcoin's correlation with global markets—attributed by some to increased institutional investment and algorithmic trading—challenges the narrative of it being a safe-haven asset, similar to gold. Bitcoin's ‘Safe Haven' Claim Challenged Following the U.S. imposition of a 25% tariff on Canadian and Mexican imports, bitcoin (BTC) briefly plummeted below $93,000, dragging the crypto market down.
Trump Media & Technology Group Corp (NASDAQ:DJT), the parent company of Truth Social, is expanding into financial services with a series of investment products under the "Truth.Fi" brand, the company announced Thursday. The move aligns with themes championed by President Donald Trump, including US energy independence, domestic manufacturing, and cryptocurrency.
Mike Novogratz, the CEO of Galaxy Investment Partners, has one thing to say about the XRP Army: they've proven that community is an economic force. Mike admitted that crypto's most rabid fanbases, like XRP's, have completely changed how investors view value.
Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.
The co-founders of market intelligence firm Glassnode are identifying one nascent crypto sector that looks particularly strong while updating their outlook on Bitcoin (BTC).
Ripple CEO Brad Garinghouse is celebrating his 54th birthday on Feb. 6 after securing some key wins on the regulatory front.
On today's episode of CNBC Crypto World, bitcoin continues its slide and falls to the $96,000 level. MicroStrategy rebrands itself to Strategy and provides an update on its goal of raising $42 billion in capital.
Palantir Technologies rallied 356% over the last 12-months to hit new highs and outperform Bitcoin's 1-year performance. Are the gains purely speculative?
As Germany prepares for its parliamentary election on February 23, political parties are outlining their plans for the economy and finance. The far-right Alternative for Germany (AfD) is making bold proposals, including leaving the euro currency bloc and deregulating Bitcoin.
Just days after President Donald Trump's media firm launched its Truth.Fi fintech venture, it's already plotting Bitcoin investment products.
XRP price recently faced a sharp pullback after a strong rally pushed it from $0.50 to a multi-year high of $3.40. The Ripple has since dropped nearly 25%, showing increased volatility, and is currently hovering around $2.5.
XRP's price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses. Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it.
XRP (CRYPTO: XRP) has dropped 26% in the past seven days, mirroring broader market weakness that has pushed Bitcoin (CRYPTO: BTC) below $100,000. Despite the pullback, strong fundamentals could help XRP recover.
For what it seems, considering that these two tokens account for over half the market cap of all meme coins, the odds of a short-term reversal are high.
Ripple's native token, XRP, has encountered some challenges recently, facing a more than 3% decline in its value and revisiting levels below the $2.50 mark. The coin dropped to a low of $2.36 within the last 24 hours, triggering some concerns in the market.
Bitcoin oscillated between $95,850 and $96,234 in the past sixty minutes, boasting a valuation of $1.917 trillion, a global volume footprint of $47.52 billion, and a daily price spectrum stretching from $95,850 to $99,131. It now lingers 11% beneath its historic lifetime price high.
Bitcoin maintains its position around 98,000 dollars at the opening of Wall Street on February 6, as analysts closely scrutinize technical indicators to anticipate the next direction of the market.
Don't use leverage, and don't overexpose yourself to it.
Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors.
Corn network adopts Chainlink's Cross-Chain Interoperability Protocol to enhance Bitcoin-based DeFi capabilities and enable secure cross-chain transactions.
The largest corporate holder of Bitcoin (BTC) is trying a new name as reports of a year of losses begin to surface. Yesterday afternoon, Michael Saylor's MicroStrategy announced a rebrand to simply “Strategy”.
The U.S. SEC is weighing a proposal to change BlackRock's spot bitcoin exchange-traded fund to allow in-kind redemptions.
The Czech Republic has officially passed a law exempting Bitcoin (CRYPTO: BTC) holdings from capital gains tax if held for more than three years. President Petr Pavel signed the bill into law, solidifying a parliamentary decision made in December.
Large corporations in Argentina and Brazil are embracing Bitcoin by establishing BTC-based treasuries. Cointelegraph explains why.
The Cardano (ADA) price bubble could be in the process of popping, with the ADA bears in control of the market on Thursday and the crypto currently down 11% on the week and down nearly 50% from recent highs. The post Cardano Price Analysis: Is February Going to be “Crazy Month” of ADA Gains? appeared first on Cryptonews.
Trump Media and Technology Group (TMTG), the parent company behind Truth Social, announced Thursday that it has filed for trademarks on six new investment products, marking its entry into the financial services sector. These products aim to track Bitcoin and key US industries, including manufacturing and energy. The filings include products such as the Truth.
Grayscale's new ETF offers low fees compared to peers, including its legacy spot BTC fund.
Bitmex co-founder Arthur Hayes shared his insights on the current market cycle and his bold predictions for Bitcoin's (CRYPTO: BTC) future, suggesting a potential dip before a significant rally. What Happened: In a podcast with Scott Melker on Feb. 1, Hayes forecasted a short-term pullback to $75,000 before a massive rally to $250,000 by the end of this cycle.
Ripple, a prominent player in the blockchain-based payment industry, is experiencing significant operational shifts as a result of recent changes in U.S. crypto regulations. Stuart Alderoty, Ripple's Chief Legal Officer, recently shared his thoughts on the evolving landscape in the U.S. during an interview with CNBC.
TL;DR Trump Media & Technology Group (TMTG) will launch three ETFs under the Truth.Fi brand, including one focused on Bitcoin. Yorkville Advisors will manage the funds, while Charles Schwab will act as the custodian of the invested assets. Analysts predict that TMTG's Bitcoin ETF will face strong competition from firms like BlackRock and Fidelity.
The Czech Republic has officially passed new legislation exempting Bitcoin and other digital assets from capital gains tax if held for more than three years, a move expected to boost the country's appeal for long-term crypto investors.
XRP has emerged as one of the standout performers in the crypto market this year, fueled by a series of legal victories and renewed optimism following President Trump's return to power. Amid this unexpected rally, Tristan Tate took to X to question why XRP commands such unwavering support from its most dedicated holders.
A new analysis by crypto strategist Ali Martinez suggests that Cardano (ADA) might be on the cusp of a significant upward move—potentially reaching the $15 price mark, which would represent a staggering 1,850% rally from current levels near $0.76. “If historical data is any guide, Cardano could be at the very beginning of a monster parabolic rally!
Data suggests traders in Korea played a big role in buying the XRP dip below $2.
Cryptocurrencies remain volatile on Thursday, with tokens displaying mixed performances. Bears have dominated since the US declared the partially-delayed tariffs on China, Canada, and Mexico. Meme coins traded downward, with the meme market capitalization plunging by over 7% to $74.1 billion. Moreover, the declined 24-hour trading volume indicates fading investor interest in meme assets.
Trump Media and Technology Group Corp., the operator of Truth Social and Truth+, announced that it has applied to trademark six investment products under the new financial services brand, Truth.Fi.
Trump Media and Technology Group Corp. (TMTG) is expanding into financial services with a new suite of investment products, including a spot Bitcoin (BTC) exchange-traded fund (ETF), according to a Feb. 6 announcement. President Donald Trump is the largest holder of TMTG, which has applied for trademarks under the Truth.
After Tether's USDT on Bitcoin made headlines last week, the Lightning ecosystem is blossoming.
Tether CEO Paolo Ardoino just unveiled some of the artificial intelligence (AI) products that the stablecoin company is currently working on.
Sentiment around Cardano's ADA cryptocurrency is waning, with the token falling by nearly 22% over the last week, according to CoinGecko data. The outlook seems even grimmer when looking at ADA's monthly chart, which shows a 35.9% loss for investors who purchased the crypto above $1.1.
During a recent interview with CNBC, former Meta executive David Marcus argued in favor of exchanging a portion of the U.S. government's gold holdings for Bitcoin. He believes that it would be a "wise decision.
In a move that has sent tremors through the crypto community, Eric Trump took to X today to voice a bullish stance on Bitcoin. “Feels like a great time to enter BTC!
Blockchain analytics reveal bitcoin and ethereum reserves on centralized exchanges have plummeted precipitously since late January, with holdings persisting at lows not witnessed in years.
Foundry wants to inject 200 exahashes per second into Rootstock, taking its total throughput to 740 EH/s, an amount nearly 80% of the total computing power that currently secures the Bitcoin network.