As Bitcoin's price holds below $100,000, experts warn that the time may not be right for new long trades.
El Salvador has continued its accelerated Bitcoin buying spree, having accumulated over 20 BTC in the past seven days. According to data from the country's Bitcoin Office, 12 BTC was added to its stash on Feb.
The U.S. government is taking a big step toward crypto regulation, with the House and Senate forming a joint group to push new laws. Trump's crypto czar, David Sacks, made it clear that his goal is to secure America's dominance in digital assets.
Bitcoin faces multiple challenges to its bullish momentum as it trades near $100,000, including tightening USD liquidity, uncertainty over U.S. policy implementation, and escalating global trade tensions.
White House Crypto & AI Czar David Sacks called Bitcoin an excellent store of value. David Sacks stated evaluating a Bitcoin reserve is their top priority on the latest CNBC interview.
The ETH/BTC ratio has plunged to lows of 0.027, as institutional investors demonstrate a clear preference for Bitcoin ETFs.
Amid the increasing crypto ETF inflows, the market sentiment is gradually improving. As the market bottoms out, will Ethereum (ETH) price break past the $3,000 mark for a price jump to $4,000?
Bitcoin is creating a bull market unlike any other as the network's stored capital crosses the $850 billion mark.
ADA turned bearish this week as sellers took over the price action. Key Support levels: $0.73, $0.65 Key Resistance levels: $0.90 1.
Bitcoin and other major cryptocurrencies seemed little moved by the first signs of the new regulatory landscape under President Donald Trump's new Crypto Task Force. The US Securities and Exchange Commission (SEC) has formed the task force to create “regulatory clarity” and a formal regulatory framework for the crypto industry, according to a statement from Commissioner Hester Peirce, but the process is likely to take some time.
XRP is under $3 as bears take over the market. Key Support levels: $2.5, $1.6 Key Resistance levels: $3, $3.3 1.
Brad Garlinghouse addressed the crypto community regarding the press conference attended by Crypto Czar David Sacks. Leaders of the House and Senate committees on banking and finance were present.
The recent price decline of XRP has sparked a discussion among market experts regarding whether the decrease to $1.76 was a natural market reaction or a more deliberate event. Within three hours on February 3, 2025, XRP experienced a rapid decline from $2.57 to $1.76, a staggering 31% decrease.
Solana's price has struggled to break the $270 resistance for the past three months, pushing the cryptocurrency into a vulnerable position.
Bitcoin mining firm Bitdeer has acquired 19 acres of land in Alberta, Canada for $21.7 million. The power plant could scale up to 1 GW of power.
“One possible failure mode for XRPL is if all the validators think something's wrong with the network, all refuse to send any validations,” the Ripple CTO explained.
There is still a headwind in the broader digital currency ecosystem, reflected in the key metrics of protocols like Solana (SOL). At the time of writing, Solana's price was changing hands for $205.3, up marginally by 0.44% in the past 24 hours.
Medical technology company Semler Scientific has expanded its Bitcoin holdings by 871 BTC to a total of 3,192 BTC, while industry leader MicroStrategy has paused its purchasing program after accumulating 471,107 BTC.
David Sacks, appointed by President Donald Trump as the U.S. AI and crypto czar, stated that Bitcoin is the original and leading crypto.
Few stories demonstrate the power of patience and long-term vision better than that of an anonymous Bitcoin miner. This individual, who mined 50 BTC back in 2010, has recently moved their holdings after 15 years, transforming an initial investment worth just $3.08 into a staggering $5 million.
Markets rarely move in straight lines, and Feb. 4 was a case in point. Spot Bitcoin ETFs collectively pulled in $341 million, and BlackRock's iShares Bitcoin Trust (IBIT) dominated with $249 million.
The cryptocurrency market has lost ~2.25% to its valuation in 24 hours with a trading volume of $190.85 billion. With this, the global crypto market cap is currently valued at $3.22 Trillion. Moreover, the price of Bitcoin is back around the $98,000 mark, highlighting increased bearish influence.
On-chain data shows the Bitcoin Mining Hashrate has witnessed a sharp rise towards a new all-time high amid all the chaos in the market.
El Salvador isn't slowing down on its Bitcoin journey. Even after adjusting its laws to meet the IMF's $1.4 billion loan requirements, the country continues to buy more BTC whenever prices dip.
Ripple's XRP Ledger faced a 64-minute halt due to validation issues, with XRP price dropping to $2.45 before rebounding to $2.50.
Ripple CEO Brad Garlinghouse has ripped into the crypto community for bashing David Sacks' first major press conference on Capitol Hill yesterday, calling the backlash “shortsighted.
The crypto market has just experienced a historic day, marked by a massive influx of capital into Ethereum. Indeed, the second largest cryptocurrency reached an all-time high of 38 billion dollars in daily trading volume, a threshold never crossed before.
February 5, 2025 – Billionaire entrepreneur whose net worth has surged to $414.6 billion, continues to reshape industries with his companies spanning electric vehicles, space exploration, AI, and even government efficiency. Tesla & Bitcoin: Financial Powerhouses Tesla, valued at $1.2 trillion, has seen a significant rise in its stock price, particularly following the 2024 U.S.
Analysts pointed to the Ethereum network's Dencun upgrade in March last year as a cause for ether supply inflation.
Ethereum has recently increased its gas limit beyond 30 million for the first time since transitioning to proof-of-stake (PoS), a significant step forward in improving the blockchain's scalability. The gas limit, which governs how many transactions can be processed in each block, now stands at an average of 31.5 million gas units, with plans for further increases, potentially reaching 36 million gas units.
The US government's stance on Bitcoin as a potential strategic reserve is under scrutiny following recent statements from Crypto Czar David Sacks. His remarks at a press conference and on social media have fueled speculation that the administration might be reconsidering its BTC Reserve plan.
XRP Ledger network outage slightly weighed on XRP's price and market sentiment.
Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks. The post Semler Scientific Buys $88M in Bitcoin, Reports 150% Paper Gain appeared first on Cryptonews.
According to CoinMarketCap data, Bitcoin's market dominance has climbed to 60.6% as altcoins struggle, marking a rise from its December low of 51%.
Billionaire venture capitalist Chamath Palihapitiya says the US government can get its federal sovereign wealth fund up and running by leveraging its Bitcoin (BTC) holdings.
Bitcoin's price dropped below $100,000 on Feb. 4, with fears of a global trade war leading to increased volatility.
Bitcoin (BTC) price failed to sustain above $100k on Tuesday, amid the renewed hope for the resolution in the United States-Mexico-Canada Agreement (USMCA). Ahead of the planned talk between US President Donald Trump and Chinese President Xi Jinping, Beijing has scheduled to implement a 15 percent tariff on U.S.
The Trump administration is pushing ahead with plans to regulate digital assets, with White House crypto czar David Sacks at the forefront.
Dogecoin's price action has remained muted following Canadian crypto company Neptune Digital Assets' announcement that it had purchased 1 million DOGE in December.
Mining difficulty fell 2% from the previous month, which is relatively uncommon, the report said.
The expanded partnership aims to enable consumers to earn even more BTC hassle-free through daily transactions.
The blockchain ecosystem could soon witness an unexpected collaboration between Cardano (ADA) and Ripple (XRP).
XRP experienced a dramatic price fluctuation, recovering from a significant dip that saw its value plummet to a nine-week low of $1.771 on Binance. This drop marked a challenging moment for XRP, which led to substantial losses in the market, especially in the derivatives space.
Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has drawn attention within the crypto industry. The case, which began in 2020, centers around allegations that Ripple Labs failed to register its XRP token as a security with the SEC.
XRP, the third largest crypto by market cap, has gained tremendous attention lately for numerous reasons, including the possibility of the launch of XRP Spot ETFs in 2025. Notably, in the last one year, the XRP market has showcased an impressive growth of 395%.
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.
An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption. The post Ohio Lawmaker Proposes Second Bill to Establish State Bitcoin Reserve appeared first on Cryptonews.