Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a decent increase in the near term.
XRP has been outperforming Bitcoin in recent days, with its BTC pairing rising to $0.0000255. Since bouncing from $0.00002345 on Feb. 7, XRP has recorded gains on six of the last seven days, marking four consecutive days of growth since Feb. 9.
XRPs recent price action shows a short-term EMA crossover that may signal consolidation rather than a bearish trend. The 26/50 EMA crossover, spotted on XRPs chart, often indicates a temporary correction instead of a prolonged downtrend.
JPMorgan warns that Tether, issuer of USDT, may face compliance hurdles from proposed U.S. stablecoin regulations. The GENIUS Act, targeting federal oversight for stablecoins with over $10 billion market cap, and the STABLE Act, imposing stricter state-level reserve standards, could force adjustments to Tethers asset holdings.
Donald Trumps return to the White House has fueled a Bitcoin rally, pushing prices to an all-time high of nearly $109,000. His pro-crypto stance and pledge to mine all remaining Bitcoin in the U.S. have boosted industry optimism.
GameStop (GME) is reportedly exploring investments in alternative assets, including bitcoin (BTC) and other cryptocurrencies, according to CNBC. The news follows a social media post by GameStop CEO Ryan Cohen featuring a photo with Strategy (MSTR) founder and Executive Chairman Michael Saylor.
An unofficial GameStop Solana-based memecoin also saw a huge surge following speculation the retailer is considering adding crypto to its balance sheets.
Bitcoin miners in the U.S. are facing a significant obstacle: delayed shipments and the seizure of mining rigs by U.S. Customs and Border Protection (CBP). The delays are particularly affecting rigs manufactured by Bitmain, a Chinese company that dominates the global Bitcoin mining hardware market.
For now, BTC is stuck in a holding pattern, gearing up for its next big move.
Bitcoin's role as a reliable alternative to traditional assets like gold is gaining momentum, with experts predicting a possible mass migration from gold to Bitcoin in the wake of a brewing crisis in the gold market. Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has expressed confidence that the latest developments in the gold sector could trigger a significant shift, strengthening Bitcoin's appeal as a “hardest asset on Earth.
The Bank of Montreal (BMO), Canada's third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday.
Shiba Inu's daily chart has confirmed a death cross. When the 50-day moving average crosses below the 200-day moving average, it creates this technical pattern that signals investors about the continuation of the downtrend.
Bitcoin has experienced subdued price action over the past few days, ranging between $94,700 and $98,500 since last Friday. This lack of volatility has added to the speculative environment, with both bulls and bears struggling to take decisive control of the market.
A $50 pack of crypto-themed Cardsmiths trading cards turned into a $100K Bitcoin windfall for one lucky buyer.
GameStop is considering investing in Bitcoin, and the news already started impacting its stock price. CEO Ryan Cohen recently posted a photo with MicroStrategy's Michael Saylor, and his firm may serve as a blueprint.
An initiative supported by high-profile investors
Video game retailer GameStop saw a sizable after-hours stock jump following a report that it's looking to invest in Bitcoin and other coins.
Last weekend, GameStop CEO Ryan Cohen posted a photo on X with Strategy Chairman Michael Saylor.
Large market participants in the crypto industry seem to have capitalized on the recent market dip by snapping up Bitcoin at discounted prices. On-chain data supports the claim, showing that the large players received massive inflows on February 5th.
Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report. The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC. Gamestop shares are up about 5.
A man wants to buy a landfill in order to look for and retrieve a Bitcoin hard drive that he lost in 2013 and that is worth millions of dollars.
Bitcoin (BTC) has made impressive strides over the past year, but recent comments from Federal Reserve Chair Jerome Powell have raised concerns about the future of the crypto market. Despite BTC's dominance over the cryptocurrency space, Powell's firm commitment to continuing Quantitative Tightening (QT) could potentially delay the much-anticipated bull run.
Crypto exchange Coinbase had a huge Q4 thanks to the election of Donald Trump and Bitcoin's subsequent surge.
Video game retailer turned meme stock is considering investing in bitcoin and other cryptocurrencies, according to sources familiar with the matter.
The crypto market has been experiencing significant volatility, with the Bitcoin price leading the charge. Over the past month, BTC has been trading sideways, recording declines that have pushed its value below the $100,000 mark.
JPMorgan boosts Bitcoin holdings by 69%, signaling rising institutional interest despite CEO Dimon's skepticism. Can BTC break $100K next? The post JPMorgan Quietly Gains Bitcoin Exposure – Could This Signal a Major Institutional Shift? appeared first on Cryptonews.
Bill Miller IV, Miller Value Partners portfolio manager, joins 'Closing Bell' to discuss DOGE and tariffs impact on bitcoin.
President Trump's administration could make the U.S. ideal for Bitcoin miners—particularly if it's lax on environmental regulations.
Whales and institutional investors are accumulating Bitcoin, historically a bullish signal for long-term price growth. The post Bitcoin Wallets Decline as Small Traders Exit, Signaling Potential Whale Accumulation appeared first on Cryptonews.
Ardoino shot down the JPMorgan report that suggested his firm may be forced to liquidate bitcoin to comply with upcoming stablecoin regulation.
Cryptocurrency markets are trading lower on Thursday, continuing to trade in a tight range. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,842.60 -1.3% Ethereum (CRYPTO: ETH) $2,648.21 -1% Solana (CRYPTO: SOL) $193.46 +0.07% XRP (CRYPTO: XRP) $2.46 +0.8% Dogecoin (CRYPTO: DOGE) $0.2571 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001617 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses higher by 8.5%.
Dan Roberts, Iren co-founder, joins 'Power Lunch' to discuss the renewable power data center costs as AI demand increases.
Bitcoin (BTC) reaching $1 million may sound like an audacious prediction, but Samson Mow, a prominent Bitcoin advocate, believes it's within reach. Mow, known for his bullish stance on Bitcoin, has mapped out six key factors, which he refers to as the “6 Paths to Omega,” that could propel Bitcoin's price toward a stunning $1 million.
Metaplanet, known as the “Microstrategy of Asia,” has raised an additional 4 billion JPY in zero-interest bonds to buy more Bitcoin.
Eric Semler, Chair of Semler Scientific, has called on Zoom Communications to allocate its $7.7 billion cash reserves to Bitcoin, arguing it could drive growth and shareholder value.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty.
The co-founders of the market intelligence platform Glassnode are warning that Bitcoin (BTC) may decline if two main conditions don't start improving.
US-based crypto miners are facing delays in receiving ASIC mining hardware due to intensified scrutiny of shipments from China's Bitcoin, the dominant supplier of Bitcoin (BTC) mining rigs. As Bloomberg News reported, industry executives said shipments of Bitmain machines have been held up due to increased scrutiny by US Customs and Border Protection (CBP).
U.S. Customs is intensifying inspections of Bitmain mining equipment, leading to shipment delays and operational disruptions for bitcoin mining firms. The heightened scrutiny, alongside trade policies, could impact U.S. mining competitiveness amid supply chain challenges. The post Customs Hold Bitmain Equipment, Disrupting U.S. Bitcoin Mining Supply Chains appeared first on Cryptonews.
Cryptocurrency analyst Benjamin Cowen discussed the latest Consumer Price Index report and its potential impact on Bitcoin (CRYPTO: BTC) and the broader market, emphasizing the delicate balance between inflation and unemployment rates. What Happened: In his latest podcast on Wednesday, Cowen discussed how the 10-year Treasury yield affects Bitcoin's price action.
Ark Invest CEO Cathie Wood has reiterated the firm's bull case scenario for Bitcoin amid emerging factors. Cathie Wood previously projected the asset to soar over $1 million by 2030 in the wake of increasing institutional appetite and government adoption.
The Semler Scientific chair introduced the first member of his 'Zombie Zone' companies that could benefit from adding bitcoin to their balance sheet.
Santiment predicts a scenario where whales accumulate Bitcoin as retail traders panic in fear.
According to a report from JPMorgan, Tether may need to sell Bitcoin and other commodities to reach compliance with proposed US stablecoin rules. CEO Paolo Ardoino disputed this on social media but didn't address the core concerns.
Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in the second quarter of 2025, promises zero-fee transactions and a streamlined system designed solely for stablecoins.
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England is under scrutiny for extended delivery times on physical gold, fueling renewed debate about the reliability of gold-backed assets.
The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has unveiled a strategic token reserve designed to bolster top crypto projects like Bitcoin (BTC) and Ethereum (ETH).