Bitcoin (CRYPTO: BTC) adoption is on track to reach several billion users by the end of the decade, according to Coinbase (NASDAQ:COIN) CEO Brian Armstrong. In a statement on X on Monday, Armstrong pointed to the rapid pace of Bitcoin growth, comparing it to the early adoption rates of mobile phones and the internet.
ETH, DOGE Price Analysis: How Trump Tariffs May Impact Cryptos Such as Ether, Dogecoin
Microstrategy, now Strategy, is doubling down on bitcoin, amassing 478,740 BTC after a bold 7,633 BTC purchase using $742.4 million from stock sales and a preferred stock offering. Microstrategy Now Owns Nearly 500K BTC—Here's How They're Paying for It Software intelligence firm Microstrategy Inc.
Strategy (NASDAQ: MSTR), the world's first and largest Bitcoin (BTC) treasury company, announced the acquisition of about 7,633 Bitcoins between February 3 and 9th. The large-cap company, valued at over $84 billion, used the proceeds from the 516,413 million stock sale under the sales agreement for an aggregate value of $179 million.
The company now holds almost 479,000 BTC.
Saylor's aggressive Bitcoin acquisition strategy could significantly influence market dynamics and corporate treasury management trends. The post Michael Saylor's Strategy acquires 7,633 Bitcoin after one-week break, holdings now worth $46B appeared first on Crypto Briefing.
Strategy just dropped $742.4 million on 7,633 Bitcoins after pausing for only a week. The company, which rebranded from MicroStrategy, paid about $97,255 per Bitcoin.
Proton has officially launched its self-custodial Bitcoin wallet, offering enhanced privacy, open-source security, and email-based BTC transfers.
Japan is gearing up for a big shift in its crypto regulations. This came after, Japan FSA requested, the removal of several crypto exchanges like Bybit, KuCoin, and Bitget from Apple stores, signaling tighter crypto regulations.
Business intelligence firm Strategy (formerly known as MicroStrategy) purchased an additional 7,633 Bitcoins (BTC) last week for roughly $742 million, according to a Monday announcement.
Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million
Bitcoin remained flat on Monday following a sharp weekend decline driven by renewed trade tensions and investor caution ahead of key U.S. inflation data. The worlds largest cryptocurrency edged up 0.1% to $97,114.6 by 01:54 ET (06:54 GMT) after losing over 4% last week.
Bitcoins (BTC) momentum indicator, the MACD histogram, has flipped negative, sparking concerns among traders. The MACD, a widely used technical analysis tool, measures trend strength by subtracting the 26-week moving average from the 12-week average.
Bitcoin (BTC) recently plunged to nearly $91,000 amid heightened trade war concerns, triggering significant market reactions. On the same day, centralized exchanges recorded a net inflow of $2.72 billion in tether (USDT), the largest stablecoin by market value, according to blockchain analytics firm IntoTheBlock.
Bitcoins correlation with the Nasdaq QQQ ETF suggests a deeper correction may be imminent. Analyst Benjamin Cowen highlights similarities between Bitcoins post-ETF launch movement and QQQs trajectory in 1999.
Bitcoin (BTC) is showing signs of recovery, trading around $96,934 after a brief pullback. Market sentiment remains cautiously optimistic as BTC consolidates near crucial support levels.
Bitcoin (BTC) has yet to break away from gold despite its increasing institutional adoption, according to veteran trader Peter Brandt. The leading cryptocurrency, often touted as digital gold, has not significantly outperformed the precious metal, a development Brandt called very surprising.
The bitcoin acquisitions follow Strategy's latest sale of shares during the same period, equivalent to the same value.
MicroStrategy rebrands to Strategy, embracing its Bitcoin-focused future and solidifying its position as a top Bitcoin holder.
Ether and other altcoins saw a massive week of ETP inflow, while Bitcoin inflows continued to decline, according to data from CoinShares.
This first-of-its-kind Bitcoin investment fund is set to follow a minimum five-year holding strategy. It signals the university's confidence in Bitcoin's long-term potential.
Japan's FSA (Financial Services Agency) is considering lifting the ban on Bitcoin ETFs (exchange-traded funds) and reducing the tax burden on crypto investors.
Centralized crypto exchanges saw a record-breaking amount of Tether (USDT), the leading stablecoin pegged to the US dollar last week.
The movement to establish Bitcoin as a strategic reserve continues to gain momentum across the US. With the recent additions of Maryland and Iowa, the number of states exploring this strategy has already reached 17.
Brian Armstrong, co-founder and CEO of Coinbase, revealed that Bitcoin adoption has the potential to reach several billion people by 2030 at its current rates. Armstrong believes that cryptocurrency adoption will grow much faster than the adoption of the Internet and mobile phones.
Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether ETFs experienced a substantial net inflow of $420.06 million.
The crypto market's squeeze continues, with assets recording double-digit exits. Bitcoin (BTC) and Ethereum's (ETH) outflows have shaped other assets, heightening sell pressures in the second week.
The change in the political climate in the United States has transformed the way companies, even non-US companies, see the Bitcoin market. In late 2014, MicroStrategy openly called on companies to adopt its bitcoin investment policy.
Hash Ribbon signals miner capitulation, which tends to mark a local bottom in the bitcoin price.
James Howells, a computer engineer from Newport, is considering purchasing an entire landfill in the latest attempt to recover a hard drive containing 8,000 Bitcoin (BTC).
If accepted, Montana House Bill 429 would authorize the state to invest up to $50 million. It wants to invest in digital assets with a market cap of over $750 billion including Bitcoin, by July 15, 2025.
Crypto investment products saw inflows totaling for the fifth consecutive week, with recent price declines saw total assets under management in ETPs fall to $163 billion, CoinShares reveals. Digital asset investment products recorded inflows of $1.
Brazil's B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin options and futures contracts for Ethereum and Solana. The post Brazil's B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL appeared first on Cryptonews.
The cryptocurrency market is showing signs of stability, with the total market capitalization holding steady at $3.10 trillion. This stability, while modest, signals potential for bullish momentum in the near future.
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TL;DR Tether CEO highlights the long-term risks quantum computing could pose to Bitcoin's security, emphasizing that future advancements could enable the recovery of Bitcoin from lost or inactive wallets. The potential revival of Satoshi's dormant coins raises concerns about market stability, with analysts warning that reintroducing these coins could disrupt Bitcoin's supply dynamics.
US president Donald Trump is still waging his tariff war with the rest of the world. A recent promise to levy a 25% tax on all steel and aluminium coming into the US may continue to have a dampening effect on the US stock market.
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
Bitcoin remains in a corrective Wave 4 structure, with a potential breakout into Wave 5 forming. Key support at $94,780 must hold for a bullish continuation, targeting $111,715 and beyond.
According to the recent posts published by the blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted three massive Bitcoin movements.
A Coinbase executive has claimed Satoshi Nakamoto's identity may be known by the rival crypto exchange Kraken
Bitcoin's Leverage Ratio has declined as institutional demand and long-term accumulation surges.
The Lone Star State has made a bold move to solidify its position as a leader in cryptocurrency adoption. Lawmakers recently announced plans for the state to invest up to $500 million in Bitcoin every year.
Tether CEO Paolo Ardoino has shown interest in a proposal for a quantum-powered initiative aimed at retrieving lost Bitcoin. The idea, originally put forward by Bitcoin investor Brad Mills, suggests launching a white-hat treasure hunt to locate an estimated 3.7 million BTC that have vanished from circulation.
Sixteen U.S. states are actively considering legislation to establish Bitcoin reserves or enable crypto investments for public funds, with proposals ranging from 3-10% of state funds and varying requirements for security, custody, and market capitalization thresholds.
Bitcoin remains above $95,000 despite the largest selling pressure since 2022, but a break below $93,000 could trigger $1.7 billion in liquidations amid trade war concerns.
The collapse of the $10 billion crypto hedge fund 3AC sent shockwaves through the cryptocurrency market in 2022.
The University of Austin is launching a $5 million Bitcoin fund as part of its $200 million endowment, becoming one of the first academic institutions to embrace Bitcoin investment. The post University of Austin Launches $5M Bitcoin Investment Fund for Endowment appeared first on Cryptonews.