An on-chain and macro research specialist, Alex Adler Jr, in his recent X post, notes that the average funding rate across Binance, Bybit and OKX – the three top exchanges – has slipped to zero. Interestingly, he also points out that every such occurrence in this cycle has triggered a macro bull run.
Ether has dropped over 20% this year, but fundamentals are improving, the report said.
Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase.
The cryptocurrency market has displayed a jump of 2.21% overnight with a trading volume of $97.94 billion. With this, the crypto-verse is now valued at $3.24 Trillion. Following this, top tokens have added greener numbers to their statistics, further suggesting an increase in the bullish sentiment.
On-chain data shows the Bitcoin whales have been distributing for a while, but this investor cohort has been scooping up their coins. Bitcoin Sharks Have Increased Their Supply Dominance Recently In a new post on X, analyst James Van Straten has discussed about how the Supply Dominance of the various Bitcoin cohorts has recently changed.
The hacker who posted a fake Bitcoin ETF approval update through the US SEC's account has pleaded guilty.
Solana-based applications are now significantly outpacing Ethereum by generating revenues ten times higher, according to cryptocurrency researcher Aylo. This performance occurs despite a bear market context and a slowdown in transactions.
An analyst known for making timely Bitcoin calls believes that BTC needs one final leg down before sparking a new parabolic surge. In a strategy session, pseudonymous analyst Credible Crypto tells his 67,800 YouTube subscribers that Bitcoin appears to be in the midst of a corrective wave two within a five-wave rally.
The record short interest is led by carry trades and some amount of outright bearish bets on the second-largest cryptocurrency.
Bitcoin's price has remained flat week over week, hovering around $97,650 after peaking at $109,000. This comes after two weekends of high volatility, with traders pausing to reassess their positions following a significant liquidation event. Jake O. from Wintermute OTC noted that the slowdown reflects tighter trading ranges and a lack of fresh crypto-specific narratives.
Crypto investment products saw a surge of $1.3 billion in net inflows last week, marking the fifth consecutive week of inflows.
Pi Coin price is consolidating at $48 after a strong rally, but speculation around a potential Trump-led PI reserve could push its value toward $1000. PI Coin Price To Hit $1000 If Donald Trump Creates PI Reserve The discussion around a U.S. Bitcoin reserve has taken center stage following Donald Trump's resurgence in the political
Since the beginning, the crypto markets have followed a pattern of liquidity flowing into Bitcoin first and later to Ethereum and other altcoins.
Ethereum has seen a significant rise in short positions recently, as hedge funds bet on the asset's continued decline.
Bitcoin is holding above $95,000 despite heavy selling pressure, briefly dipping to $94,726 on Feb. 9 before recovering.
Osprey Funds has challenged a recent Connecticut court ruling that favored Grayscale Investments in their ongoing $2 million unfair trade dispute over GBTC. The post Osprey Funds Appeals Court Decision Favoring Grayscale in $2M Bitcoin Fund Case appeared first on Cryptonews.
Cryptocurrency exchange-traded products (ETPs) recorded their fifth consecutive week of inflows, reaching $1.3 billion, according to CoinShares.
Bitcoin rebounds near $98K after a $742M institutional buy. With exchange supply dropping and Fed policy in focus, will BTC break past $100K? Read more! The post Bitcoin Just Bagged a $742M Boost—Is a $100K Comeback Next? appeared first on Cryptonews.
Bitcoin Spot ETF outflows totaled $186M, while IBIT attracted significant inflows.
Between February 1 and 7, the cryptocurrency market sharply plummeted by nearly 11.65%. An X post by renowned crypto technical and on-chain analyst Ali Martinez notes that the crypto market has seen a notable capital inflow of over $6 billion in the past week.
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.
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.
Ethereum (ETH) price rose 4% in the last 3 days to hit the $2,720 mark on Feb 11, as the global altcoin market received major capital inflows, however on-chain staking outflows suggest the ETH resurgence could fade out early. Ethereum Price Reclaims $2,700 Resistance after Weekend Consolidation Ethereum (ETH) has recorded a strong rebound, climbing
The schism among Ethereum developers caused a crash at the beginning of this February. Could it be the beginning of the end?
The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF
Ethereum, the second-largest cryptocurrency by market cap, has seen a sharp 36% drop over the past seven weeks. This decline has sparked concern among investors and traders, as fewer ETH holders are now in profit.
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.
Amid the market corrections, Ethereum (ETH) has retested a key multi-year support level, suggesting that a bounce to $4,000 could be near. However, some market watchers noted that ETH has tapped an “interesting level” against Bitcoin, which could signal the time to celebrate is not here yet.
The company said it expects to earn secondary revenue from staking its surplus bitcoin into Babylon, a bitcoin staking protocol.
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.
Endless runner game Goblintown: Really Hard Driving Game is coming to Steam and the Epic Games Store, but won't have crypto integrations.
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.
Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset.
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.
Ethereum price is attempting to recover from the $2,500 zone. ETH might gain bullish momentum if it clears the $2,740 resistance zone.
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.