Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered on Wednesday predicted that Bitcoin (CRYPTO: BTC) could reach $500,000 before the end of Donald Trump's term. What Happened: Kendrick attributes this forecast to two key factors: improved investor access to Bitcoin under the current administration and a gradual decline in volatility due to maturing market infrastructure.

Bitcoin mining firm Bitdeer has announced the acquisition of a power project in Alberta, Canada, for $21.7 million.

Metaplanet's move to a Bitcoin standard in April 2024 has propelled its stock into Japan's top 50 by trading volume, CEO Simon Gerovich says.

Ohio Senator Sandra O'Brien proposes a bill to establish a state Bitcoin reserve. The bill requires Bitcoin investments to be held for at least five years.

Standard Chartered predicts Donald Trump's administration will push Bitcoin to $500,000—closing in on gold's market cap in the process.

Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.

Recently, President Donald Trump ordered the creation of a US sovereign wealth fund within a year. The Treasury and Commerce Departments must present a plan in 90 days, detailing how to fund and manage it. Since the US runs on a deficit, Congress would need to approve the fund before it becomes a reality.

Bitcoin (BTC), the world's leading digital currency, recently experienced challenges with block production. Neil Hartner, a software engineer familiar with the ecosystem, highlighted the glitch in an X post.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

This proposal comes as part of an internal working group. The group is focused on exploring ways to integrate Bitcoin into the country's economic framework.

MetaMask's Gas Station makes Ethereum swaps easier by covering fees directly. Ethereum's gas limit increase enhances network capacity and reduces congestion.

David Sacks, appointed as the crypto and AI advisor under the Trump administration, recently praised Bitcoin as a "reliable store of value" during an interview with CNBC.

BlackRock made a major move by purchasing $276.16 million worth of Ethereum on Feb.4. The asset management giant BlackRock acquired approximately $276.16 million worth of Ethereum (ETH) on Feb. 4, as reported by Crypto Rover on X.

U.S.

Bitcoin's (BTC) price remains stuck in a tight range, struggling to gain momentum despite recent attempts to break above resistance. President Trump's Crypto Czar, David Sacks, recently called Bitcoin an “excellent store of value,” yet the statement has had little visible impact on price action.

BlackRock's ETHA and Fidelity's FETH accounted for over 98% of the total exchange-traded funds inflows as the Ethereum ETF market closed green.

Ethereum is getting slightly bigger blocks as stakers have signaled to increase capacity from 30 million gas units to 36 million per block.

Ethereum (ETH) has been facing significant challenges recently, as its price experienced a volatile drop before bouncing back slightly. As of late, Ethereum has also been showing signs of weakening on-chain metrics, with its mean coin age and exchange netflows presenting mixed signals about the future.

Traders have been loading the yellow metal on U.S.-bound planes. Investment banking giant JPMorgan plans to deliver $4 billion of gold to New York this month.

The crypto industry got a boost when it was announced that healthcare tech company Semler has bought 871 Bitcoins. This puts them at 10th place in the corporate Bitcoin holdings, with a stockpile worth $313M+ and a yield of over 150%.

Tether CTO Paolo Ardoino revealed the company is expanding beyond stablecoins to venture into Artificial Intelligence(AI). According to the CTO, the AI-backed applications will focus on working locally to guarantee full privacy.

There is still life in the altcoins. Ethereum (ETH) is suddenly up around 3%, while Trump (TRUMP) has just broken out of its downtrend and is up nearly 13% so far on Wednesday.

Total net inflows for U.S. bitcoin-listed ETFs have seen over $40.6 billion.

Total net inflows for U.S. bitcoin-listed ETFs have seen over $40.6 billion.

In an announcement today, medical device manufacturer Semler Scientific revealed that it has acquired an additional 871 Bitcoin (BTC) to strengthen its treasury reserves. Meanwhile, MicroStrategy, the largest corporate BTC holder, appears to have temporarily halted its weekly Bitcoin purchases.

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The US spot ethereum ETFs have bought $307 million worth of ethereum on Tuesday, a near record level since ETF trading began in July.

President Donald Trump is ushering in the age of Bitcoin and crypto with his support of a Bitcoin Reserve Act, which will likely make its way through the Senate during the President's second term. Meanwhile, Securities and Exchange Commission (SEC) Chairman Gary Gensler, who actively prosecuted crypto projects as unregistered securities, is no longer in charge of the SEC.

The finance industry association chief vows to list a crypto ETF in 2025 on the domestic exchange to satisfy the growing demand for digital assets among older investors.

Everyone seems to be hating on Ethereum (ETH) right now, but investors have been buying this dip in a very big way this week, said CoinShares Head of Research James Butterfill, citing data from fund flows into crypto-oriented exchange-traded investment products in the last 24 hours.

A coincidence has generated a period of apparent confusion, which now, however, seems to have been resolved.

ETH's price remains deep in the red on a monthly scale.

The gas limit sets the maximum capacity for transactions in each block. It has been increased to over 31 million gas units.

Bitcoin's price is struggling below $100K as some of the altcoins are taking off.

Yesterday's announcement by Crypto Czar David Sacks of the development of a U.S. sovereign wealth fund, has investors wondering if Bitcoin will be included.

Ethereum's standing as a dominant smart contract platform is being questioned by many in the crypto space. While Ethereum achieved a 63% increase in 2024, it significantly lagged behind its competitors, raising concerns about its future and ability to maintain market leadership.

Most Bitcoin miners saw declining production in January as network difficulty soared. However, Riot Platforms bucked the trend with increased output.

Market's price bottom is not yet as Bitcoin's Long/Short Ratio has not made a crossover on altcoin's long/short ratio

MicroStrategy (NASDAQ: MSTR) has been one of the most aggressive institutional Bitcoin buyers, accumulating 471,107 BTC as of February 5, 2025; however, recent reports suggest the company has paused its Bitcoin purchases, raising questions about the stock's future.

Multiple U.S. states advance Bitcoin reserve legislation while the Czech central bank plans to invest billions in digital assets, marking a trend toward government adoption of cryptocurrency holdings.

Bitcoin and altcoins have witnessed sharp volatility after a heavy market crash earlier this week on fears of a Trump trade war. Although BTC price made a quick recovery above $100K levels, the bulls couldn't hold it for long, highlighting imminent weakness in the market.

El Salvador's Bitcoin holdings now stand at 6,068 BTC and are worth more than half a billion dollars at current prices.

US official signals potential shift in national cryptocurrency policy, hinting at the creation of a strategic Bitcoin reserve.

Semler Scientific recently purchased 871 BTC for $88.5 million, bringing its total to 3,192 BTC.

Ethereum experienced a 27% price crash followed by a 38% recovery on Monday, while 340,000 ETH left exchanges and ETF inflows remained positive, indicating potential for further price recovery despite short-term volatility.

MetaMask launched Gas Station to eliminate failed transactions due to insufficient gas fees, while Ethereum increased its gas limit to 36 million units, making the network more efficient.

US official signals potential shift in national cryptocurrency policy, hinting at the creation of a strategic Bitcoin reserve.