Increased user interest in bitcoin during the Chinese New Year celebration could spark another significant price increase for BTC, based on historical data.

TL;DR XRP experienced a 246% growth in its market capitalization in the fourth quarter of 2024, reaching a value of $3.16 per unit. Ripple launched RLUSD, a stablecoin backed by US dollar deposits, with monthly audits, already adopted by platforms like Uphold, Bitso, and MoonPay.

The U.S. government shouldn't stockpile anything but bitcoin.

The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions.

MetaMask is making a multi-chain push, expanding beyond Ethereum as users increasingly explore a broader range of crypto ecosystems.

Latin America's Bitcoin ATM ecosystem reveals striking contrasts in cryptocurrency adoption across the region. El Salvador stands out as the undisputed leader, dominating the landscape with the highest number of Bitcoin ATMs. LATAM leader in Bitcoin ATMs According to Coin ATM Radar, El Salvador has 215 Bitcoin ATMs, far surpassing its regional competitors.

XRP has been at the forefront of discussions within the cryptocurrency market, largely due to the ongoing Ripple vs. SEC lawsuit and significant whale movements.

As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses.

Bitcoin ETF accelerated their pace of inflows on bullish expectations and US-based demand. Crypto ETF are becoming more competitive against more traditional investments.

TL;DR Blockchain activity for retail transactions dropped by 19.34%, even as Bitcoin remains above $100,000 and near its all-time high. Interest in cryptocurrencies has grown compared to last year but focuses on isolated events that trigger activity spikes.

Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114.

MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.

Bitcoin has recently been trading inside a historically narrow 60-day price range. Here's what usually follows such periods of compressed volatility.

The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve. Bitcoiners are accusing the San Francisco-based blockchain payments startup of being the “biggest obstacle” to a national U.S. Bitcoin due to it actively pushing for the inclusion of several coins, including XRP.

One popular analyst believes XRP could rise to $10 during this bull cycle.

With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm's negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry. The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews.

Bitcoin's price experienced a slight dip following its recent all-time high (ATH) of $110,000, with its current trading value hovering around $102,674. After a drop of about 7.3% from the peak, many crypto enthusiasts are now eyeing key levels that could present an excellent opportunity to buy Bitcoin before the price potentially surges again, heading toward a new ATH of $120,000.

Bitcoin is holding firm above $100,000, indicating that every minor dip is being purchased in anticipation of new all-time highs.

MicroStrategy, known for its extensive Bitcoin holdings, faces a potential billion-dollar tax liability due to unrealized gains under the new CAMT. Could this force the company to sell its Bitcoin?

The XRP price is in the spotlight again, as a crypto analyst has shared his short—to long-term prediction for the third-largest altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20.

Ripple has asked for an extension until April 16 to file its next brief in its high-profile battle with the U.S. Securities and Exchange Commission (SEC), according to a letter written on Jan. 23.

A bearish "death cross" signal has recently appeared on XRP's hourly charts, raising concerns about the cryptocurrency's short-term price trajectory.

Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves. What Happened: Armstrong on Thursday on X argued that Bitcoin's ~$2 trillion market cap—roughly 11% of gold's ~$18 trillion market cap—positions it as a superior form of money due to decentralization, scarcity, divisibility, portability and improved fungibility compared to gold.

BlackRock now holds an unheard of 60 billion worth of Bitcoin (BTC) across its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC recorded on the ETF's balance sheet. Recent data from Farside Investors shows that Bitcoin ETFs have recently received a total of 188.7 million, with BlackRock alone getting $154.6 million — 81% of net inflows.

Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC). What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company's press release.

Central Banker v Brian Armstrong go head to head on why hold bitcoin in reserves at Davos earlier this week.

Retail on-chain activity fell 19% as Bitcoin trades above $105K, according to CryptoQuant data, signaling low retail interest. The post Retail on-chain activity drops 19% despite Bitcoin's strength above $100K appeared first on Crypto Briefing.

UTXO Management's acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong's dynamic financial ecosystem.

TL;DR $3.19 billion in BTC options and $574.8 million in ETH options expire today, impacting short-term trends. The maximum pressure points for BTC and ETH are $100,000 and $3,300, respectively, with current prices slightly above these levels. Regulatory initiatives and the U.S. digital asset reserve plan add bullish fundamentals to the market outlook.

U.S. spot bitcoin exchange-traded funds have started the year on a strong note, according to Bloomberg senior ETF analyst Eric Balchunas.

The Bitcoin community is voicing strong criticism against Ripple after it advocated for a diversified crypto reserve, which includes assets beyond Bitcoin.

MicroStrategy may face federal income tax obligations on its significant unrealized gains, which currently exceed $19.3 billion.

James Check, a Glassdote analyst, has predicted that Bitcoin ($BTC) could cross the $150K mark in 2025. This prediction is inspired by the token's 2016-2017 cycle when Bitcoin moved from the range of $800-1600 to $19,783.

TL;DR MicroStrategy is facing tax issues over unrealized gains from its BTC, despite not having sold any. The Inflation Reduction Act of 2022 imposes a 15% corporate minimum tax, which would affect unrealized gains from cryptocurrencies like Bitcoin.

On-chain data reveals Bitcoin's bullish structure remains intact above IBCI 50%, but a cycle top may be forming.

The price of Bitcoin (BTC) has surged by nearly 3% in the past 24 hours as President Donald Trump signed the first pro-crypto executive order (EO) to make America the “crypto capital of the world”.

With Bitcoin consolidating, the NVT Golden Cross metric highlighted a potential local bottom.

The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000.

XRP, popular cryptocurrency associated with Ripple's cross-border payment business, has just logged a technical anomaly that is turning heads: its largest-ever Bollinger Bands expansion. This is not just another blip on the radar, as it is a volatility spike that is rewriting the asset's historical price patterns.

Bitcoin onchain indicators are already cautioning over possible distribution of coins by investors despite sky-high BTC price targets.

XRP News: Ripple faces heavy backlash from the broader community, especially from the Bitcoin maxis, amid claims over XRP Reserve in the US. Notably, Donald Trump has recently hinted towards a potential crypto reserve rather than the Bitcoin Strategic Reserve.

Rumble, a prominent video-sharing platform, has revealed plans to introduce a crypto wallet designed to enhance payments between users and content creators. The platform's CEO, Chris Pavlovski, announced the project on Jan. 23, stating that the new “Rumble Wallet” will provide a simple and efficient way for creators to receive payments.

After a very volatile week that saw bitcoin move 10% daily with record volumes, though in the same range, the currency seems calmer today at $105k.

Is Ripple Lobbying against a Strategic Bitcoin Reserve? After US President Donald Trump signed an executive order (EO) establishing a crypto-focused working group on January 23, the heated debate flared up on X.

MicroStrategy, the software company turned Bitcoin juggernaut, is grappling with an unexpected tax conundrum. Its $47 billion Bitcoin (BTC) holdings — comprising $18 billion in unrealized gains — place it squarely in the crosshairs of the US corporate alternative minimum tax (CAMT).

Enterprise blockchain company Ripple has requested a due date of Apr. 16 for filing its opening brief in its cross-appeal against the U.S. Securities and Exchange Commission (SEC).

Here are two indicators suggesting that a new Bitcoin boom might be on the horizon. First, large Bitcoin holders, known as "whales," have accumulated over twenty two thousand BTC (worth more than $2.24 billion) in the past seventy two hours.

In today's crypto news: Trump's Executive Order: The U.S. President signed an order supporting the crypto industry, ensuring legal access to blockchain technologies and prohibiting the creation of a CBDC (Central Bank Digital Currency). Ethereum Updates: Vitalik Buterin announced five key directions for Ethereum's development, including strengthening Layer 2 solutions and reducing transaction fees.