Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump.
Some 15 U.S. States, including Massachusetts, reportedly worked on Bitcoin reserves laws days before Trump's Capitol Rotunda inauguration.
XRP's Exchange-Traded Fund (ETF) approval has surged to 70%, as predicted on Polymarket, a popular crypto-based prediction platform. This shift comes amid growing optimism after XRP experienced a major price surge, hitting $3.39 for the first time in almost seven years.
This week, Ripple's XRP stole the spotlight by hitting seven-year highs, surging nearly 45% in just seven days.
CoinCodex's Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year's Second Quarter (Q2).
As staking gains traction across crypto, TradFi is slowly embracing the new trend.
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Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions. The post Coinbase advocates for a US government strategic Bitcoin reserve appeared first on Crypto Briefing.
Bitcoin (BTC) regained the $105,000 price level after climbing 5.1% in the past 24 hours. As of press time, the flagship crypto was trading at $105,505, followed by a 10% increase registered by the memecoin sector.
State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.
The market bid up cryptocurrencies this week ahead of President Trump's inauguration, which could change the industry's landscape. We know the lead regulators at the Securities and Exchange Commission (SEC) will be replaced, and a friendlier Congress could also help the industry.
A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside.
One of the biggest looming questions is will the new administration facilitate the launch of spot ETfs which track the price of Solana.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss crypto and bitcoin hitting a new 2025 high ahead on the inauguration.
Bhutan's government executed two substantial transactions: the first involving 255.26 BTC. This activity coincides with Bitcoin's price resurgence, recently surpassing the $104,000 mark.
This Friday marks Gary Gensler's last full day as the head of the U.S. Securities and Exchange Commission.
Cardano (ADA) has been attracting significant attention in the cryptocurrency space, with analysts pointing to its favorable technical setup as a signal for potential growth. Recently, renowned market analyst Crypto Rand shared his positive outlook on Cardano's chart, describing it as “one of the best-looking charts out there.
A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company's over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025.
XRP has become the focal point of the crypto market after experiencing a massive price surge and surpassing the $3 mark. For many investors seeking wealth, the previously stagnant cryptocurrency presented an opportunity to buy low in the hopes of a price increase.
Solana (SOL) has surged 15% over the past seven days, holding near the $200 mark. Its market cap has risen to $107 billion, overtaking BNB.
Cryptocurrency markets are surging on the last trading day before the presidential inauguration. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,607.81 +5.6% Ethereum (CRYPTO: ETH) $3,426.67 +2.8% Solana (CRYPTO: SOL) $216.86 +1.7% XRP (CRYPTO: XRP) $3.24 -4% Dogecoin (CRYPTO: DOGE) $0.4148 +7.6% Shiba Inu (CRYPTO: SHIB) $0.00002403 +7.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 6.4% and daily active addresses falling by 2.9%.
The crypto market came to life on Friday, the last trading day for Wall Street markets before the Trump presidency begins on Monday. Of course, crypto is traded 24/7, but volume and liquidity often fall over the weekend, so traders are building their final positions before the new administration takes over.
In a latest development, Coinbase, the United States' largest crypto exchange, is endorsing the creation of a US strategic Bitcoin reserve. Notably, the endorsement comes just before the second inauguration of Donald Trump and Armstrong's trip to the World Economic Forum.
ETH price fell by 11% over the past 30 days but bullish sentiment and other data point toward a rally to $4,000.
Prominent crypto trader Unipcs has argued that Solana (CRYPTO: SOL) flipping Ethereum (CRYPTO: ETH) this cycle is a real possibility, citing metrics and momentum as reasons for his thesis. What Happened: Unipcs contends that Solana has outperformed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.
At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn't do justice to Bitcoin, says one trader, arguing that the world's flagship crypto asset is coming into this cycle with increasing institutional adoption.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cosmo Jiang of Pantera discusses crypto's rise ahead of President-elect Trump's inauguration.
Here's what to expect ahead of a likely volatile weekend for Bitcoin's price!
Decentralized finance on Bitcoin (BTCFi) is experiencing unprecedented growth, with a total value locked (TVL) that has surged from 307 million to 6.5 billion dollars in 2024. This spectacular growth occurs against a backdrop marked by the successful launch of Bitcoin ETFs and the historic crossing of the $100,000 threshold.
American publicly listed trading platform Coinbase Exchange has endorsed the plans by incoming US President Donald Trump to establish a strategic Bitcoin reserve in the country. As reported by Axios, the exchange's co-founder and CEO Brian Amstrong has highlighted the economic opportunities this will have on the nation.
The price of Bitcoin (BTC) is surging above $104,000 for the first time in one month and has booked a 4.2% gain in the past 24 hours with less than three days to go before Donald Trump's inauguration speech.
Republican Senator Peter Durant of Worcester County, Massachusetts, has introduced legislation aimed at establishing a “Bitcoin strategic reserve.” This initiative marks a significant step for cryptocurrency in a traditionally Democratic stronghold, as it makes Massachusetts the first “deep blue state” to consider such legislation.
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities.
Ethereum developers have set March 2025 as the target for deploying the Pectra upgrade. The timeline was finalized during the Execution Layer Meeting on January 16.
Bitcoin (BTC) heeft het $100.000 niveau herpakt, aangedreven door de lekken over Trump's plannen voor een nationale Bitcoin-reserve. Dit nieuws heeft de crypto-markt nieuw bullish momentum gegeven, terwijl ook andere bekende crypto's grote prijsbewegingen vertonen.
Prediction market traders on Polymarket are cautiously optimistic about immediate crypto-related action from President-elect Donald Trump on Inauguration Day. What Happened: Specifically, according to Polymarket data, the question of whether Trump will mention cryptocurrency or Bitcoin (CRYPTO: BTC) in his inauguration speech on Monday is sitting at a 31% chance.
"If you think XRP is going to $100 this cycle, you might have an undiagnosed mental disability," one finance expert claimed.
Lawmakers in Wyoming and Massachusetts have recently introduced bills to authorize state investments in Bitcoin (BTC), bringing the total number of US states with such proposals to eight.
American aerospace company SpaceX, led by Elon Musk, holds 8,285 Bitcoin valued at approximately $851 million, according to data from Arkham Intelligence. The firm has reportedly earned $700 million in profits from its Bitcoin investments since 2022.
XRP surged past $3.39, with bullish metrics hinting at a potential $15 milestone.
After a prolonged period of consolidation, cryptocurrency activity has picked up this week, with global crypto market capitalization rising by 2% during that period.
Wyoming lawmakers have introduced House Bill 0201 (HB0201), a bill that would allow the state to invest public funds in Bitcoin. The proposal limits Bitcoin investments to 3% of qualifying state funds, including the general fund, permanent mineral trust fund, and permanent land fund.
Bloomberg Intelligence analyst James Seyffart has reflected on the remarkable success of spot Bitcoin (CRYPTO: BTC) ETFs and the potential problems in altcoin ETF approvals in 2025. What Happened: In a recent Blockworks Macro episode, Seyffart pointed out four Bitcoin ETFs now rank in the top 20 ETF launches of all time, with iShares' (NASDAQ:IBIT) leading the way.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Optimism is sweeping through the cryptocurrency market as anticipation builds around pro-crypto policies expected from the incoming administration.
Bitcoin has extended gains above $100k, hitting highs of $105k as the market flips green amid anticipation ahead of Donald Trump's inauguration. XRP remained bullish and Ethereum, Solana and BNB traded above key levels. Meanwhile, EOS price has surged amid positive developments; Flare is up 20% and an analyst is bullish on Celestia.
Wyoming lawmakers have introduced House Bill 0201, which aims to permit up to 3% of state funds to be invested in Bitcoin.
Solana (SOL) price jumped up as optimism grows, fueled by ETF speculation and increased altcoin performance.