Bitcoin's current weakness below $100K and the sharp decline in altcoins have puzzled many. Following the heat of Trump's trade war the entire crypto saw the bloodbath and majority of altcoins faced market rejections.
The Trump family's crypto ambitions are growing as its media arm has plans to launch crypto-related investment funds.
Kentucky has now become the 16th U.S. state to introduce its own local Bitcoin reserve bill.
Bitcoin is experiencing a challenging period, with its price remaining below the $100,000 mark after a significant drop earlier this week. Today, Bitcoin hovers just above $98,000, marking a nearly 10% decline from its all-time high of over $109,000 recorded last month.
Cryptocurrencies continue to divide the academic and financial world. While some see them as an inevitable monetary revolution, others persist in viewing them as a bubble destined to burst.
XRP is eyeing a potential golden cross against Bitcoin, with a Fibonacci extension price target that could push its value to a new all-time high of $5. While the market for altcoins, including XRP, has been challenging, the cryptocurrency is showing signs of strength.
Spot Bitcoin exchange-traded funds in the United States reverted to outflows on Feb. 6 as Bitcoin continued trading below the crucial $100K level, needed for its next leg higher.
Bitcoin would need to match its 2024 surge for that $500K bet to become a reality. What are the odds?
Bitcoin options expiry day is here again but this Friday's event is pretty average in terms of magnitude. Will crypto markets continue to retreat over the weekend?
Approximately $3.12 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today. With the pioneer crypto still below $100,000 this week, will its billion-dollar-plus notional value expiry push the price higher?
A prominent Bitcoin maximalist, known as “Bitcoin Dad,” has fueled controversy with a bold prediction for XRP's future, suggesting that by 2035, the digital asset's price will plummet to nearly zero. The prediction comes as a part of the ongoing rivalry between Bitcoin proponents, often called “maximalists” or “maxis,” and XRP holders.
Analysts speculate that rising Ether outflows from crypto derivatives exchanges are bullish, as they may lead to reduced selling pressure and closed leverage positions.
A historic Bitcoin statement from Satoshi Nakamoto has resurfaced as fresh insights emerge about the anonymous Bitcoin creator. Bitcoin historian Pete Rizzo recently shared a 2010 remark from Satoshi emphasizing Bitcoins scarcity when BTC was worth just $0.01.
Bitcoin is showing signs of weakness, as it is fluctuating between $95,850 and $97,729 in the past hour. It holds a market value of $1.917 trillion with a global trading volume of $47.52 billion. Its daily price range has been between $95,850 and $99,131, currently sitting 11% below its all-time high.
SEC faces legal pressure over crypto conflicts probe. If the agency withdraws its appeal, XRP could skyrocket past its all-time high.
Ethereum (ETH) has recently experienced a shift in market sentiment, with a significant negative netflow of -60,000 ETH withdrawn from exchanges. This development has added to the bullish momentum Ethereum has witnessed in the past few days, as the cryptocurrency saw a 3% increase in price, trading at $2,838 at the time of writing.
Utah is on track to becoming the first U.S. state to establish a Bitcoin reserve, following the House's approval of the Strategic Bitcoin Reserve bill. The post Utah One Step Closer to Becoming First US State with Bitcoin Reserve appeared first on Cryptonews.
The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
Just a day after rebranding from MicroStrategy to Strategy, founder and chairman Michael Saylor broke his silence on X, declaring, Strategy is Bitcoin. This statement reaffirms the companys unwavering commitment to the leading cryptocurrency.
Cardano (ADA) may be on the verge of a significant price breakout against Bitcoin (BTC), according to technical indicators. After a remarkable 200% surge against BTC late last year, ADA peaked at 0.000014 BTC before entering a sharp decline, losing 45% of its value and at one point dropping 60% against the leading cryptocurrency.
The European crypto ETP market remains smaller than the US, but BlackRock's entry could attract institutional investors.
Ethereum ETFs recently recorded their third-biggest day ever, adding $500M in a week—16% of all inflows since launch.
Missouri's bill permits holding Bitcoin and accepting it for government payments.
Bitcoin whales are making a massive move, accumulating large amounts of Bitcoin despite recent market struggles. While the price of Bitcoin has been volatile, these large holders seem to be taking advantage of the market fluctuations, buying up the cryptocurrency at discounted prices during retail sell-offs.
According to a recent CryptoQuant Research post, Bitcoin (BTC) network activity has slumped to a 12-month low, with CryptoQuant's Bitcoin Network Activity Index currently at its lowest level since February 2024. Bitcoin Network Activity Drops As Market Consolidates Data from CryptoQuant's Bitcoin Network Activity Index shows that activity has declined by 15% from its peak in November 2024.
Ethereum price started a recovery wave above the $2,650 zone. ETH is now struggling to clear the $2,880 and $2,920 resistance levels.
Bitcoin has reached a significant milestone as its realized cap surged to a new all-time high (ATH) of $850 billion. This marks a crucial point for the cryptocurrency, highlighting growing investor confidence and increasing market capital inflows.
Bitcoin will hit the $160k price mark before the end of 2025, an analyst from the Russian crypto mining player BitRiver claimed on February 5. The post Russia's BitRiver Says Bitcoin Will Hit $160k Before Year's End appeared first on Cryptonews.
Bitcoin price is consolidating above the $95,500 support zone. BTC is showing a few positive signs and might attempt a recovery if it clears $100,000.
The cryptocurrency market experienced a downturn on Thursday, with the global market capitalization falling 1.4% to $3.15 trillion, amid significant developments in institutional adoption and mixed traditional market performance. Cryptocurrency Gains +/- Price (Recorded at 8.37 p.m.
Bitcoin (BTC) is showing strikingly bullish patterns as its price hovers around the $97,000 mark. Technical analysis points to a rare symmetry in Bitcoin's price action, comparing the pioneer cryptocurrency to past trends and predicting a sharp move to new all-time highs.
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.
Ethereum has continued to face headwinds, mirroring the broader downward trend in the global cryptocurrency market. The persistent market slump has made it challenging for ETH to sustain upward momentum, even as it attempts to recover from recent losses.
Utah's Blockchain and Digital Innovation Amendments bill is on its way to the Senate for a vote.
The protocol is designed to solve the issue of undercollateralized crypto lending by allowing borrowers to customize their vaults.
Will BlackRock replicate the remarkable success of its U.S. spot Bitcoin ETF in Europe?
Bitcoin has been struggling to reclaim the $100K mark but remains resilient above the $96K level after a sharp market-wide selloff. Sunday night and early Monday saw a capitulation event, primarily affecting altcoins, leading to extreme volatility.
A closely followed crypto analyst says the $425 billion resistance level for the altcoin market cap may soon be broken.
Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, Bitcoin's dominance over the entire market is at 60.3% after a 4% increase in the past 24 hours.
Bitcoin has recently seen a surge, climbing to the $99K level following a buy recommendation from Eric Trump, son of former President Donald Trump. Despite Bitcoin's struggle to stay above the $100K mark, the cryptocurrency experienced a notable uptick after Eric Trump tweeted about the current opportunity to invest in Bitcoin, pushing the price back to nearly $99K.
Bitcoin is making what may be its fifth attempt to breach this psychological barrier as it approaches the much-anticipated $100,000 resistance level once more. The top cryptocurrency is now trading at about $98,166, demonstrating its strong resilience in the face of recent market turbulence.
The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal from BlackRock to allow in-kind redemptions for its spot Bitcoin ETF. The regulatory agency acknowledged the proposal in a Thursday filing, inviting public comments within 21 days of its publication in the Federal Register.
Ethereum Pectra upgrade will commence its testing later this month in a push for an April launch.
The US Securities and Exchange Commission (SEC) has acknowledged two key filings: an amendment for Grayscale's proposed spot Litecoin (LTC) exchange-traded fund (ETF) and a separate request allowing in-kind redemptions for BlackRock's iShares Bitcoin ETF (IBIT), according to Feb. 6 filings.
An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new post on X, analyst Ali Martinez has discussed about where Ethereum could head next based on a pattern forming in its 12-hour price chart.
The much-anticipated altcoin season, where investors rotate capital into alternative cryptocurrencies, still feels distant. Historically, altcoin seasons kick off when Bitcoin's dominance begins to wane, and investors shift attention to top altcoins like Ethereum (ETH).
New Mexico has joined the BTC reserve race, which Arizona has a decent early lead while North Dakota and Wyoming bills failed.