El Salvador, known for its bold move to make Bitcoin a legal tender in 2021, has recently purchased 12 additional BTC, signaling its unwavering commitment to cryptocurrency. This purchase was made despite the country's recent agreement with the International Monetary Fund (IMF), where certain Bitcoin policies were scaled back.
Bitcoin (CRYPTO: BTC) remains firmly above $100,000 but anaemic trading action over the past 48 hours has increased anxiety in the cryptocurrency community over potential downtrends. What Happened: Despite Bitcoin touching all-time highs last week, the current sentiment is predominantly negative, primarily due to several factors, crypto influencer Miles Deutscher pointed out in a post on X on Wednesday.
The U.S. spot bitcoin ETFs experienced another day of net inflows, marking five consecutive green trading days. Blackrock's IBIT Dominates Bitcoin ETFs as Inflow Streak Continues Spot bitcoin exchange-traded funds (ETFs) have shown strong performance recently with five consecutive days of inflows, according to market data from Sosovalue. On Wednesday, Jan.
Bitcoin [BTC] continues to surge, analysts are closely monitoring its position within the market cycle, particularly the Net Unrealized Profit/Loss (NUPL) metric. According to analyst Axel Adler, this crucial metric is currently sitting at 0.5, suggesting that Bitcoin has significant room for growth before hitting its peak.
The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program.
Bitcoin's price is currently teasing with investors, as it is struggling to sustain its rally above the $100K resistance level and could even be on the verge of a short-term correction.
The tailwinds that are getting behind the Bitcoin price are arguably the most bullish in its history, yet the market is down. Is it just a matter of time before the next big surge, or has Bitcoin made a market top?
Bitcoin's rapid rise to a new all-time high has sparked fresh optimism, with Coinbase CEO Brian Armstrong suggesting the cryptocurrency could eventually reach multi-million-dollar valuations.
Cryptocurrency analyst Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship digital asset hovers slightly below the all-time high reached earlier this week. In a new video, Svenson tells his 82,200 YouTube subscribers that Bitcoin is in a parabolic trend and has more upside potential before a correction can occur.
Standard Chartered's Geoff Kendrick says institutional investor activity could dampen intensity of altcoin season.
This initiative marks a significant pivot towards acknowledging cryptocurrencies as a viable component of retirement portfolios. It potentially sets a precedent for other states to follow.
Bitcoin is turning back the clock to October 2023 and its springboard from $30,000, the latest BTC price onchain analysis concludes.
Bitcoin recently hit an all-time high after staying around $105K for weeks, but now it's struggling to break the important $110K mark. Just when things got exciting, new rumors surfaced about China possibly sold 194,000 Bitcoins, as shared by CryptoQuant CEO Ki Young Ju.
ARK Invest CEO and CIO Cathie Wood recently expressed skepticism regarding the utility of the TRUMP meme coin, a new cryptocurrency associated with US President Donald Trump.
Bitcoin mining has recently reached a notable milestone with daily revenues hitting $45 million, highlighting an uptick in network activity and signaling potential future growth. This surge has fueled curiosity among traders and investors alike, with many questioning whether it marks the beginning of a new bull cycle or a phase of steady, sustained growth.
BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin.
Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.
Despite the low rate of capital inflows, Bitcoin has managed to surpass the market's expectations by reaching an all-time high. The Realized Capitalization of Bitcoin reached an all-time high of $832 billion on Wednesday, demonstrating the confidence of investors and the fortitude of the asset, according to market insights from Glassnode.
BlackRock CEO Larry Fink predicts Bitcoin could surge to $700,000 as fears of currency debasement and inflation drive institutional interest in the crypto.
Ross William Ulbricht is a name you may have often come across in the context of Bitcoin and the crypto community.
Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant.
Goldman Sachs Chairman David Solomon says he does not think Bitcoin is a threat to the dollar, stating he is a ‘big believer in the U.S. dollar'. In an interview with CNBC on Jan.
The US stock markets touched new heights as the S&P 500 surged to new heights on Thursday. It reached to an intraday record of 6,100.81, according to current data from Google Finance.
A short-term BTC breakout could tap $110K but short-sellers could drag it to $96K or $90K.
Despite the growing popularity of cryptocurrencies, Solomon believes that BTC is not a threat to the US Dollar. Solomon's statement comes at a time when digital currencies are becoming more mainstream, with many investors seeing Bitcoin as a store of value and hedge against inflation.
Tron founder Justin Sun has shared insights on Donald Trump's DeFi project – World Liberty Financial's – massive investments in Wrapped Bitcoin (WBTC) for building its Bitcoin reserves. Earlier today, the project acquired nearly $10 million worth of WBTC during the price dip.
To many, Ulbricht symbolizes Bitcoin's original promise — an uncensored, decentralized financial system beyond government reach.
The market finds itself at a pivotal crossroads as US President Donald Trump has not issued a crypto or strategic Bitcoin reserve (SBR) related executive order yet. Renowned crypto analyst MacroScope (@MacroScope17) has reignited the debate via X, questioning whether such a reserve is already “priced in” by current market valuations.
Bitcoin price has drop sharply from record highs near $110k to the brink of breaking below six figures. But here's a case for a reversal.
The US spot Bitcoin ETF issuers registered a daily total net inflow of about $248 million on Wednesday following the crypto market confidence instilled by the Donald Trump administration.
The largest cryptocurrency seems to be tracking the 2017 price performance, when it posted all-time highs on 77 days.
Rumble, the video-sharing platform, recently made waves in the crypto world by adopting a bold strategy that aligns with that of MicroStrategy. The result?
Efforts to establish a Strategic Bitcoin Reserve (SBR) in the United States are gaining traction, with Marathon Digital Holdings (MARA) at the forefront.
Coinbase's Chief Product Officer, Conor Grogan, found 430 BTC in several wallets linked to Ross Ulbricht.
Larry Fink, CEO of BlackRock, discussed the potential for Bitcoin (BTC) to reach values of $500,000, $600,000, or even $700,000 per coin.
According to cryptocurrency analytics platform Santiment, Bitcoin is seeing an uptick in whale activity.
Bitcoin News: As BTC continues its volatile trading, the recent revelation of the CryptoQuant CEO has further fueled market concerns. In a recent X post, Ki Young Ju said that China has likely sold 194,000 Bitcoin, which has dampened the investors' sentiment.
LINK is among the poorest performers today.
Goldman Sachs CEO David Solomon has said that Bitcoin (BTC) is not a threat to the U.S. dollar — as it is a speculative asset. However, Goldman Sachs cannot embrace Bitcoin at the moment due to regulatory constraints, Solomon quipped.
Bitcoin has often been named digital gold, so Ethereum could be considered a form of digital silver, especially in connection to Bitcoin.
Goldman Sachs CEO David Solomon dismissed Bitcoin as a threat to the US dollar, and described it as a speculative asset despite its potential to reduce financial friction.
In a recent interview, Goldman Sachs CEO David Solomon said that he does not see Bitcoin as a threat to the supremacy of the US dollar.
The crypto market witnessed a selloff as bullish sentiment regarding Donald Trump's inauguration faded. The global market cap tumbled over 3% to $3.52 trillion, with trading volume tanking 25% over the last 24 hours.
Volatility bulls might want to pull up the 60-day price range indicator on their screens as it's hinting at heightened BTC price turbulence.
Cryptocurrency exchange Kraken has made a significant gesture toward Silk Road founder Ross Ulbricht, donating $111,111 in Bitcoin (BTC) to support his reintegration after years of incarceration.
During the World Economic Forum in Davos in 2025, the idea of a strategic bitcoin reserve in the United States sparked a lively debate about the future of cryptocurrencies. This proposal, supported by President Donald Trump, was discussed during the session titled "Crypto at a Crossroads.
Bitcoin is expected to reach $122,000 by February, according to 10x Research's Markus Thielen.