Mining difficulty fell 2% from the previous month, which is relatively uncommon, the report said.
Spot Bitcoin exchange-traded funds in the United States have returned to net inflows after President Donald Trump agreed to pause the imposition of tariffs on Canada and Mexico for a month following negotiations with their leaders.
Bitcoin Spot ETF inflows hit $341M, with BlackRock's IBIT contributing $249M.
BTC looks heavy as critical sources of fiat liquidity begin to tighten, Trump administration goes slow on creation on strategic BTC reserve and charts point to weakening upward momentum.
The Nasdaq-listed firm said it plans to build 99 MW of data center capacity for bitcoin mining with the acquisition.
El Salvador's total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million.
Bitcoin's block size could grow to 4MB due to increased adoption of inscriptions, according to Mempool Research.
The cryptocurrency market witnessed renewed volatility on Wednesday, following a recent recovery phase. Cryptocurrency prices slid across the board, with the global crypto market cap going down 1.52% to $3.21 trillion. Bitcoin (BTC) retraced to the $98,000 level, while popular altcoins like Solana (SOL) and XRP experienced downward momentum.
Ohio is making bold moves in the crypto world, as a new bill aims to create a state Bitcoin reserve. Senator Sandra O'Brien has introduced a proposal that would allow the state's treasurer to invest in Bitcoin, making Ohio one of the growing number of U.S. states embracing digital assets.
Bitcoin price drops 6% post-David Sacks' press conference as traders shift to stablecoins. Will BTC break above $108K or slide below $92K?
Bitcoin's climb past $100,000 was short-lived as U.S.-China trade tensions resurfaced, triggering market uncertainty. While prices briefly rebounded after President Donald Trump announced a 30-day delay on new tariffs, some analysts warn that Bitcoin could still face a correction below $90,000 if geopolitical risks intensify.
Financial analyst Rajat Soni has emphasized the value of owning even a fraction of Bitcoin, such as 0.1 BTC, as a potential means of securing long-term financial stability and generational wealth. Given Bitcoin's limited supply of just 21 million coins, owning a portion of this scarce asset could provide significant future value as the digital currency continues to rise in importance and value.
The crypto market on Wednesday again illustrated a volatile movement after showing signs of recovery recently. Bitcoin (BTC) price slipped back to the $98K level over the past day, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP have mainly mimicked a waning movement.
The cryptocurrency market has witnessed a sharp decline today, with the global market cap falling by 2.84% to $3.22 trillion. Trading volume also took a significant hit, dropping by 24.46% to $193.73 billion. The Fear & Greed Index currently stands at 38, reflecting a neutral sentiment among investors.
As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC.
The $21.7 million cash deal would give BitDeer the ability to mine BTC at some of the lowest costs in the industry.
Ripple's legal uncertainty weighs on XRP as traders await SEC appeal plans. Could a reversal in stance unlock new highs, or is volatility ahead?
Bitdeer plans to construct a natural gas power plant and a 99 MW Bitcoin mining data center in Alberta, Canada.
Bitcoin dominance surged to 60.6%, marking a 5.01% increase in 48 hours, per CoinMarketCap. This shift suggests growing investor confidence in Bitcoin, despite market volatility.
Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing.
Ohio Senator Sandra O'Brien wants to allow the state's treasurer to invest in Bitcoin — but no other cryptocurrency — to create the “Ohio Bitcoin Reserve Fund.”
Sacks also said that evaluating potential bitcoin reserve is a top priority and that he wants stablecoin innovation in the US.
The revolution is dead in El Salvador. It's a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
Bitcoin price started another decline from the $102,500 zone. BTC is trimming gains and struggling to stay above the $96,500 support zone.
Major cryptocurrencies declined sharply on Tuesday following the announcement of a new regulatory oversight committee, with total market liquidations reaching nearly $485 million in the past 24 hours. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.
Bitcoin price performance over the past week has been marked by volatility and mixed signals for investors. After briefly rising above the $100,000 price mark on Tuesday, BTC has since fallen back and now hovers just above $99,000.
Bitcoin Ordinals project Taproot Wizards has secured $30 million in a funding round led by Standard Crypto, with participation from Cyberfund, Collider Ventures, and others. This follows a previous $7.5 million investment and aims to enhance Bitcoins smart contract capabilities through OP_CAT, an opcode feature enabling automated and customizable Bitcoin transactions.
Semler Scientific (NASDAQ:SMLR) has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million between Jan. 11 and Feb. 3. The company funded the purchase through proceeds from its January 2025 senior convertible notes and the sale of a portion of its Monarch Medical (TASE:PMCN) stake.
Bitcoin (BTC) continues to be the dominant cryptocurrency in the market, captivating the attention of investors, analysts, and the broader financial world. With its current price hovering around $99,110, Bitcoin is poised to experience significant price fluctuations and potential growth in the coming years.
Bitcoin and the entire crypto market faced a sharp decline as fears of a U.S. trade war rattled investors. The price plummeted amid uncertainty, only to stage a swift recovery after reports emerged that President Trump is in negotiations with Mexico and Canada to lift the tariffs.
Bitcoin (BTC) has absorbed approximately $450 billion in additional capital since November 2022, bringing the total Realized Cap to $850 billion, according to a recent report by Glassnode. The report noted that Bitcoin has maintained a price above $100,000 for several weeks, seven years after reaching $10,000 during the 2017 bull run.
Bitcoin and the entire crypto market experienced a rollercoaster of volatility yesterday, plunging on fears of a U.S. trade war before staging a rapid recovery. The price dropped over 9% in just a few hours, hitting a low of $91,530, only to bounce back by more than 12% following reports that President Trump is negotiating with Mexico and Canada to lift tariffs.
Dogecoin is currently at the 200 EMA, a historically significant zone for trend reversals, having reached a critical support level following a protracted decline. Dogecoin has previously used this level as a crucial turning point, making it a critical area where either a significant rebound or additional breakdown may occur.
The price drop has triggered massive liquidations, resetting the market and creating a volatile but stabilizing environment.
David Sacks and several pro-crypto politicians discuss the future of the Bitcoin and crypto industry in the United States at the first-ever U.S. press conference on digital assets.
The company's bitcoin holdings have exceeded its market cap following the purchase of an additional $2 million worth of bitcoin.
A crypto analyst hinted at a potential price decline if bearish factors remain in the market. As bulls lose steam, Bitcoin (BTC) traders have faced consistent sell pressure in the last 72 hours.
Bitcoin (BTC) has experienced sharp fluctuations, with investors eagerly watching its every move. The world's leading cryptocurrency saw a significant drop on February 3, 2025, but recent signs suggest that it might be on the path to recovery.
The recent price slump in Bitcoin, caused by a turbulent cryptocurrency market, has sent many investors into panic mode, forcing them to offload their BTC holdings at a loss. However, blockchain analytics firm Glassnode noted that a group of Bitcoin investors remained resilient despite the crypto market volatility, saying that long-term holders of the firstborn crypto are unshaken by the current market slump.
Canadian firm Neptune Digital Assets announced Tuesday that it bought a trove of Dogecoin alongside its growing corporate stash of Bitcoin.
Crypto Czar David Sacks held a press conference today with Senate leaders, where he outlined the administration's priorities, including stablecoin legislation and a Bitcoin Reserve.
In his first address to the digital asset sector, David Sacks made it clear: it's time to finally write the rules of the road.
Bitcoin price over the past sixty minutes ranged from $96,318 to $97,286, with a market capitalization of $1.92 trillion and a 24-hour trade volume of $70.59 billion, while intraday trading spanned from $96,318 to $102,614. Tuesday's dump follows the U.S. crypto czar telling the press the President asked him to “evaluate” a strategic bitcoin reserve.
After a particularly volatile stretch of trading for the cryptocurrency, bitcoin (BTC-USD) hovers back below $100,000 amid President Trump's back-and-forth over tariff policies for Mexico, Canada, and China. Cornell University professor Eswar Prasad joins Morning Brief to explain why bitcoin may not be acting as a hedge against inflation as once believed, instead now behaving more typically of a high-risk asset.
It was mostly a wonky discussion from Sacks and four Senate/House committee chairs.
US lawmakers form a working group to draft crypto rules as the Trump administration explores a national Bitcoin reserve plan. The post US lawmakers form working group to draft crypto rules as Bitcoin reserve plan gains traction appeared first on Crypto Briefing.
The White House “Crypto Czar,” David Sacks, said the crypto working group established by President Donald Trump's executive order is evaluating the establishment of a Bitcoin (BTC) reserve as an early priority for the administration.