Bitcoin (BTC -1.84%) continues to prove its skeptics wrong. As of this writing on the afternoon of Feb. 7, it trades at $97,300 per coin.
In a recent X post, Robert Kiyosaki, the author of Rich Dad Poor Dad and a well-known venture investor and entrepreneur, recently shared his views on Bitcoin with his followers. He tweeted a brief Q&A, addressing a common question he receives about Bitcoin and sharing his thoughts on it.
The world of traditional finance is increasingly intertwined with that of Bitcoin, and BlackRock's recent moves only confirm this dynamic. Indeed, the asset management giant, with its $11.6 trillion under management, has just increased its stake in MicroStrategy, now rebranded as Strategy, to 5%.
Florida proposes a bill to invest state funds in Bitcoin, capped at 10%. Bitcoin continues to gain adoption from institutional giants and the State government.
Bitcoin is currently trading below the $100K mark, with no clear trend in sight. After an intense period of volatility, bulls lost control last weekend, failing to sustain momentum for a breakout above all-time highs.
Global trade war concerns may pressure Bitcoin below the key $93,000 support in the short term, analysts told Cointelegraph.
Chris Burniske, a former crypto lead at Cathie Wood's Ark Invest fund, has taken to his account on the X social media platform to respond to a question from an X user about the current pullback in the middle of the bull market.
Did you know that Bitcoin can now store digital art and collectibles, just like Ethereum NFTs? That's right! Enter Bitcoin Ordinals—a game-changing innovation that lets people inscribe data directly onto the Bitcoin blockchain.
If you don't already hold some Bitcoin (BTC -1.14%), there's a very good chance that buying it could help to round out your portfolio. Even a relatively small position, like perhaps $2,500, is enough to give investors exposure to this critical asset.
Bitcoin's recent dip in February has left many puzzled, but analysts believe it's more than just market noise. After a terrific start in January of hitting an ATH of $109K, February gave the most shocking chills to the traders. Bitcoin's price dipped 1.11% in the last 24 hours, now at around $96,148.
Bitcoin's price remains under pressure, struggling to maintain momentum as investors await a critical US employment report. The cryptocurrency has been trading near $97,000, with concerns growing that a strong job market report could create downward pressure on risk assets, including Bitcoin.
Florida Republican Senator Joe Gruters has introduced a bill proposing that the state allocate a portion of its funds to Bitcoin and other digital assets as a hedge against inflation. The post Florida Senator Proposes State Investment in Bitcoin to Hedge Against Inflation appeared first on Cryptonews.
LINK and SUI are among the poorest performers from the larger-cap alts.
Bitcoin (BTC) frenzy is sweeping across the US following Donald Trump's victory in the November presidential election, with Kentucky becoming the latest state to introduce legislation aimed at establishing a Bitcoin reserve. Kentucky Joins The Bitcoin Reserve Club Kentucky has become the 16th US state to introduce legislation seeking to create a Bitcoin reserve.
XRP price rallies amid ETF buzz, but SEC appeal uncertainty remains a key risk. What's next for XRP?
Bitcoin's price remains in a phase of indecision, bouncing between key support and resistance levels. The world's largest cryptocurrency has been unable to break past $98,000, leaving traders and investors wondering whether the next move will be up or down.
Bitcoin price has declined by six percent in the last week amid FUD sentiment caused by tariff wars. Here's why a reversal is imminent.
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Bitcoin sellers are grappling with a decisive support zone at the 100-day moving average, with a potential breakdown paving the way for a retest of the critical $90K region. However, heightened volatility is anticipated, as price action will dictate the market's next direction.
Sławomir Mentzen has committed to establishing a Bitcoin reserve for Poland if elected, like U.S. President Donald Trump. Poland's National Bank (NBP), led by Adam Glapiński, firmly rejected Bitcoin for national reserves concerning over security and stability.
DeepSeek is the new open-source large language model (LLM) AI chatbot that made headlines in January after Apple store downloads flipped ChatGPT. So, we asked it about BTC prices in 2025.
Onchain RWAs are gaining traction as Bitcoin's price struggles, with market commentators predicting TVL could hit $50 billion in 2025 as demand grows.
Bitcoin price remained under pressure this week as trade concerns remained, but two rare patterns point to an eventual rebound. Bitcoin (BTC) wavered, while the crypto fear and greed index slipped to the fear zone of 35 this week.
Russia's main federal investigating authority is proposing new legislation for Bitcoin that could potentially criminalize its transfer through third parties. Russia's Investigative Committee has put forward a proposal that could potentially affect the country's cryptocurrency market.
The CEO of Bitcoin (BTC) mining giant Marathon Digital, Fred Thiel, is leaning bullish on the flagship crypto asset, believing it can more than double its value before 2025 expires. In an interview on CNBC, Thiel says that Bitcoin could go up by over 100% from the current level before the end of the year.
Bitcoin price in recent days seems to have dimmed investor's confidence in the asset for now with the community seeing less buzz as BTC sees fewer green days. Regardless of this, some analysts are still eager to analyze BTC and its major metric to at least get a perspective on if there's hope around the corner.
Robert Kiyosaki, venture investor, entrepreneur, also widely known as the author of the book on finance literacy “Rich Dad Poor Dad”, has addressed his followers on the X platform to talk to them about Bitcoin.
Over 15 US states have initiated legislative efforts to integrate Bitcoin into their financial frameworks, highlighting benefits such as economic diversification, inflation hedging, and fostering technological innovation. Utah has emerged as a leader in this movement, with its House Bill 230 advancing through the House on February 6 and now awaiting Senate approval.
The crypto market today has resumed its trade on a sluggish note, with the market capitalization slipping to $3.13 trillion, a 1.37% decline since yesterday . However, trading activity picked up, as the total volume rose by 5.75% to $131.99 billion.
The US Bureau of Labour Statistics released the January 2025 employment data earlier today, briefly pushing Bitcoin (BTC) to $100,000 before it lost all its gains and tumbled back to the $98,000 price level. Bitcoin Rises And Falls Amid Mixed Employment Data Bitcoin spiked from approximately $97,200 to a high of $100,110 after the US reported lower-than-expected job growth for January.
Bitcoin mining firm Cleanspark reported $162.3 million in Q4 2024 revenue, a 120% year-over-year increase. With 10,500 BTC in reserves and a mining cost of $34,000 per bitcoin, the company is expanding operations across the U.S.
While countries like the United States, Germany, and the Czech Republic explore adding Bitcoin to their national reserves, Poland's central bank has firmly rejected the idea.
Traders fear the impact of the US employment report on bitcoin. In this article, we explain why.
Key technical indicators suggest Bitcoin may face resistance at $100K, while support at $95K could dictate its next move.
Bitcoin has appreciated substantially following Trump's election win and his administration's advocacy for the token.
Kentucky has stepped into the spotlight with a new proposal that could make Bitcoin an official part of the state's financial strategy. The bill, introduced recently, seeks to allow Kentucky to invest up to 10% of its state funds into digital assets.
The Czech National Bank (CNB) is considering a groundbreaking decision—allocating €7 billion of its international reserves into Bitcoin (BTC). This move, aimed at diversifying assets and exploring digital currencies as a strategic reserve, has triggered mixed reactions among European financial leaders.
Crypto prices on Saturday have again encountered severe volatility, keeping traders and investors cautious. Bitcoin (BTC) price briefly slumped to a $95K low, whereas Ethereum (ETH) and Solana (SOL) traded in the red territory.
Bitcoin (BTC) is displaying a strong bullish pattern as it hovers around the $97,000 mark, drive speculation about a potential rally to new all-time highs. Technical analysis suggests that BTC is mirroring past trends, with some analysts predicting a move toward $145,000 by March 2025.
House Bill 1217 would create a Bitcoin reserve fund, letting the state treasurer buy, hold, and accept Bitcoin donations. If passed, all government offices in Missouri must accept cryptocurrency for taxes, fees, and fines, with payers covering transaction fees.
Utah is on the verge of becoming the first U.S. state to establish a Bitcoin reserve as its Strategic Bitcoin Reserve bill advances to the Senate. House Bill 230 (HB230), also known as the Blockchain and Digital Innovation Amendments bill, passed the Utah House Economic Development Committee with an 8-1 vote on January 28.
Cryptocurrency trading on the Chicago Mercantile Exchange (CME) reached an all-time high in January, with volumes soaring to approximately $285 million, according to a report by CCData. This marks an 8% increase from the previous month, driven by a surge in Bitcoin futures and options activity.
Michael Saylor, co-founder and executive chairman of Strategy, took to X to share a Bitcoin-themed message with his massive following. His tweet, We all need a Strategy for Success, coincided with Bitcoin briefly surpassing the $100,000 mark.
Missouri Representative Ben Keathley has introduced House Bill 1217, aiming to establish a Bitcoin Strategic Reserve Fund to diversify the states investment portfolio and hedge against fiat currency inflation. Filed on February 6, the bill would allow the Missouri state treasurer to receive, invest, and hold Bitcoin under specific conditions.
Bitcoin fell on Friday as market sentiment weakened following U.S. President Donald Trumps warning of new reciprocal tariffs. The cryptocurrency dropped 1% to $95,853, extending last weeks 4% decline.
On-chain analytics firm Glassnode reports that retail investors have significantly increased their Bitcoin accumulation since mid-December 2024. Investors holding around one BTC are now buying at a rate of 10,627 BTC per day72% more than last years daily average of 6,177 BTC.
Bitcoin's price performance remains subdued, with the cryptocurrency trading above $97,000 at the time of writing—a roughly 6.5% decline over the past week. The crypto asset has yet to reclaim the $100,000 level it lost earlier this week, leaving market participants uncertain about the near-term direction.