The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts.
Ethereum (ETH) co-founder Vitalik Buterin has weighed in on the ideal portfolio allocation debate, revealing that his Bitcoin (BTC) holdings fall below 10%. His comments come as ETH rises more than 3%, reigniting discussions on optimal cryptocurrency portfolio allocation.
In an interview with CNBC on January 30, Anthony Scaramucci—Founder and Co-Managing Partner at SkyBridge Capital and former White House Communications Director—provided fresh insight into the Trump administration's emerging approach to Bitcoin and cryptocurrencies, highlighting potential regulatory shifts and the possibility of a US strategic reserve.
Bitcoin (BTC) retail investors are becoming increasingly bold in the derivatives market, taking on more risk despite market uncertainties. A recent analysis by AMBCrypto on Bitcoin's order-book depth has highlighted the growing trend of retail traders assuming excessive risk.
A closely followed crypto analyst says long-term holders are nearly done selling off Bitcoin, setting BTC up for a series of rallies.
The White House confirmed sizable tariffs on Mexico, Canada and China will go into effect tomorrow.
Following Bitcoin's fourth halving in April 2024, mining companies have tried to diversify their operations.
Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, has stated that the Fed is legally limited about what it can actually put on its balance sheet.
The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.
The Ethereum co-founder has admitted he's mostly in on the coin he helped create.
Bitwise Chief Investment Officer Matt Hougan has questioned the persistence of Bitcoin's (BTC) historical four-year cycle, suggesting that recent policy shifts in Washington could extend the current bull market into 2026 and beyond. In a letter to clients, Hougan highlighted that Bitcoin has traditionally followed a cycle of three strong years followed by a pullback.
Genius Group, an AI-powered education company announced on Friday a rights offering with plans for additional loans to expand its Bitcoin holdings to $100 million. Notably, the right offering provides existing shareholders the opportunity to purchase additional ordinary shares at a discounted price of $0.50 per share, as per the announcement.
Bitcoin meme coin trading evolves with Odin.fun, a Runes protocol platform, challenging Solana's Pump.fun success in meme coins. The post Odin.fun challenges Pump.fun as Bitcoin's first meme coin launchpad appeared first on Crypto Briefing.
On Jan. 30, the U.S. Securities and Exchange Commission (SEC) approved NYSE's proposal to list and trade shares of Bitwise's Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) — a hybrid investment product giving investors exposure to the spot price of both BTC and ETH in one regulated fund.
After several days of volatility due to a general market decline, Bitcoin is finally seeing upside momentum. Thus far, the flagship asset has reclaimed the pivotal $105,000 price level and is targeting higher highs.
Bitcoin (BTC) price has remained above $100,000 for the last three days, showing resilience despite recent volatility. A golden cross has formed on BTC's EMA lines, indicating potential for a bullish breakout if key resistance levels are cleared.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
Czech National Bank (CNB) governor Aleš Michl told FT, "For the diversification of our assets, bitcoin seems good."
The European Central Bank (ECB) President Christine Lagarde's recent statement on a strategic Bitcoin reserve has sparked widespread criticism. Binance founder Changpeng Zhao believes the European Union needs Bitcoin, contradicting Christine Lagarde's assertion that the EU will never include it in its reserve.
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Stablecoin issuer Tether reported $13 billion in net profit for 2024, driven by rising Bitcoin and gold prices. The company, which issues the largest stablecoin, USDT, generated $6 billion in profit in the last quarter of the year.
MicroStrategy (NASDAQ:MSTR) continues its bold Bitcoin strategy with a new $563.4 million preferred stock offering, signaling unwavering confidence in the apex crypto. The company announced on Friday that it has priced 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock at $80.00 per share, with settlement expected on Feb. 5.
MSTR intends to use the proceeds to buy more bitcoin, of which is currently holds 471,107 BTC worth over $46 billion.
Bitcoin's rally reversed Friday as President Donald Trump threatened to impose 100% tariffs on BRICS countries. Plus, a class action lawsuit hovers over memecoin factory Pump.fun and SBF seeks a presidential pardon.
Genius Group's Bitcoin expansion could influence educational tech firms to integrate cryptocurrency strategies, impacting market dynamics. The post AI-driven Genius Group plans $100 million Bitcoin treasury expansion through rights offering appeared first on Crypto Briefing.
Bitcoin held above the $105,000 mark on Friday as markets reacted to the latest PCE data, which showed inflation in line with expectations.
Social sentiment and MVRV metrics are shaping Bitcoin's price action around $104,000, as declining commentary on both greed and fear indicators suggests
El Salvador's Congress has swiftly approved a bill to amend and potentially scale back the country's Bitcoin adoption strategy after agreeing to a deal with the International Monetary Fund (IMF) in December 2024.
Tether, the company behind the $USDT stablecoin, announced plans to launch $USDT on Bitcoin's base layer and the Lightning Network. That's big, big news – $USDT carries a $140B market cap in the stablecoin sector, which itself accounts for some $224B of the $3.7T total crypto market cap.
A shining example of Bitcoin adoption, Salvadoran President Nayib Bukele disappointed Bitcoiners this week and divided opinion over the asset's local future.
Norges Bank Investment Management (NBIM), Norway's sovereign wealth fund giant, has been discreetly increasing its Bitcoin exposure—with a unique twist. They have strategically increased their indirect holdings by 153% by placing a shrewd wager on MicroStrategy, rather than rushing headfirst into the volatile crypto market.
The IBIT fund of BlackRock reaches the 31st place among global ETFs
Last year was a great one for the crypto market, which saw strong price increases, including Bitcoin breaking the $100,000 mark for the first time. With Donald Trump winning the elections and becoming the first U.S. president to be a supporter of cryptocurrency, many crypto-related companies earned significant profits.
TL;DR Vitalik Buterin holds less than 10% of his portfolio in Bitcoin, with Ethereum dominating his investments, showing his confidence in the network. The SEC has given initial approval to Bitwise's Bitcoin and Ethereum ETF, opening up new regulated investment opportunities for those interested in these assets.
Bitcoin (BTC) is resting above $100,000, but metrics of realized market cap show the leading coin is still not in the euphoria stage of the current bull cycle.
Here are the top headlines in crypto markets in the past 48 hours.
SoftBank Group has made a $50 million investment into industrial-scale Bitcoin mining company Cipher Mining.
Thumzup Media Corporation has doubled its Bitcoin holdings to 19.106 BTC, increasing its investment in digital assets to $2 million. Thumzup company is authorized to allocate up to 90% of its surplus cash into Bitcoin (BTC).
With a total Bitcoin holdings of 471,107 BTCs, which is worth more than $49 billion, MicroStrategy controls around 2.24% of BTC's total supply.
This move will bring stablecoins to both Bitcoin's base layer and its Lightning Network. This is made possible by a new Taproot-powered protocol called Taproot Assets, developed by Lightning Labs.
“With Trump's inauguration festivity behind, the crypto market is shifting focus" to U.S. inflation and jobs reports, said a BitBank analyst.
The Arkansas Senate has rejected Senate Bill 60, which sought to prohibit digital asset mining businesses from operating within 30 miles of military facilities. Arkansas Legislature Rejects Digital Asset Mining Restriction The bill, introduced by Senator Hill and Representative Evans, aimed to amend the Arkansas Data Centers Act of 2023.
A closely followed crypto analyst believes digital assets will remain in a bullish trend for a longer duration than in previous cycles.
For someone as influential as Vitalik Buterin, it has always been interesting how little he has talked about Bitcoin (BTC). But recently, he gave some insight, revealing that the leading cryptocurrency is indeed not a major part of his portfolio.
The Bitcoin market continues to look a bit sideways at the moment, as traders wait for some kind of action out of regulators as far as crypto is concerned.
The ECB rejects Bitcoin as a reserve asset, while the Czech National Bank considers investing, highlighting a policy divide in Europe.
Norway's sovereign wealth fund, Norges Bank Investment Management (NBIM), has significantly increased its indirect exposure to Bitcoin, marking a 153% rise in 2024, according to Vetle Lunde of K33 Research.