Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin's ‘Unmatched' Decentralization Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network.
The cryptocurrency market on January 31, 2025, experienced a slight correction, with the total market capitalization dropping by 1.8% to $3.69 trillion. Despite this pullback, the market remained quite active, with 24-hour trading volume reaching $116.99 billion.
Bitcoin has been hovering around the crucial $100,000 mark, struggling to make a decisive move. Will it finally break out, or is a major crash incoming?
The United States spot Bitcoin (BTC) Exchange Traded Funds (ETFs) have seen an impressive $588.22 million in net cash inflows on Thursday, marking the highest daily inflow this week. This surge has significantly boosted the total net assets of U.S. spot Bitcoin ETFs, which now sit at approximately $123.43 billion.
The price of Bitcoin dove Friday after President Trump's team confirmed that tariffs on China, Mexico, and Canada are imminent.
Crypto asset manager Grayscale has launched its latest exchange-traded fund with a focus on Bitcoin mining companies.
Retail traders have sold 6,000 BTC, while whales hold strong, absorbing selling pressure. Bitcoin's accumulation signals a potential breakout above $105,500.
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining's (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.
Cryptocurrency markets are under pressure on Friday after President Trump's tariff announcement. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,924.10 -3.6% Ethereum (CRYPTO: ETH) $3,310.99 +1.5% Solana (CRYPTO: SOL) $228.96 -4.7% XRP (CRYPTO: XRP) $3.01 -4.2% Dogecoin (CRYPTO: DOGE) $0.3245 -3.1% Shiba Inu (CRYPTO: SHIB) $0.0000187 -0.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.6% and daily active addresses growing by 4.3%.
A leaked Elliott Management letter to investors reveals the hedge fund's managers fear Trump is stoking a unprecedented bitcoin price bubble that's headed for “inevitable collapse"
The USDT issuer has struggled to maintain dominance in the face of competition from rivals such as Circle and its USDC stablecoin.
Bitcoin accounts for nearly 15% of El Salvador's reserves as President Bukele doubles down on his bold crypto strategy, even after inking a deal with the IMF.
Software company MicroStrategy will issue new stock—STRK—to raise funds so it can add to its $48 billion Bitcoin treasury stash.
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Tether has reported a profit of $13 billion for 2024 amid diversified investments push.
Tesla's Q4 2024 earnings report delivered a surprising boost, largely thanks to the company's significant Bitcoin holdings. The electric vehicle manufacturer recorded a $600 million gain from its 11,509 Bitcoin reserves, reflecting a dramatic rise in the digital asset's value.
Matt Hougan, Chief Investment Officer at Bitwise, has argued the classic four-year Bitcoin (CRYPTO: BTC) cycle is evolving due to institutional adoption. What Happened: In a thread on X on Friday, Hougan noted that historically Bitcoin has followed a pattern of three bullish years followed by a pullback, driven by driven by investor enthusiasm, leverage buildup and eventual deleveraging.
Bitcoin price moves closer to its all-time high, and the absence of euphoria in derivatives markets is a positive sign.
The global crypto market cap stands around $3.58 trillion, down by 0.13% in the past 24 hours at the time of writing. Daily trading volume for the entire market fell 22% to around $107 billion in this period. According to CoinMarketCap, Bitcoin dominance was at 57.
The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts.
Ethereum (ETH) co-founder Vitalik Buterin has weighed in on the ideal portfolio allocation debate, revealing that his Bitcoin (BTC) holdings fall below 10%. His comments come as ETH rises more than 3%, reigniting discussions on optimal cryptocurrency portfolio allocation.
In an interview with CNBC on January 30, Anthony Scaramucci—Founder and Co-Managing Partner at SkyBridge Capital and former White House Communications Director—provided fresh insight into the Trump administration's emerging approach to Bitcoin and cryptocurrencies, highlighting potential regulatory shifts and the possibility of a US strategic reserve.
Bitcoin (BTC) retail investors are becoming increasingly bold in the derivatives market, taking on more risk despite market uncertainties. A recent analysis by AMBCrypto on Bitcoin's order-book depth has highlighted the growing trend of retail traders assuming excessive risk.
A closely followed crypto analyst says long-term holders are nearly done selling off Bitcoin, setting BTC up for a series of rallies.
Kraken announced its plan to end support for Tether's token and other non-compliant stablecoins for European clients.
The White House confirmed sizable tariffs on Mexico, Canada and China will go into effect tomorrow.
Following Bitcoin's fourth halving in April 2024, mining companies have tried to diversify their operations.
The firm also saw its direct and indirect exposure to U.S. Treasuries hit a record high of $113 billion.
Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, has stated that the Fed is legally limited about what it can actually put on its balance sheet.
The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.
The Ethereum co-founder has admitted he's mostly in on the coin he helped create.
Bitwise Chief Investment Officer Matt Hougan has questioned the persistence of Bitcoin's (BTC) historical four-year cycle, suggesting that recent policy shifts in Washington could extend the current bull market into 2026 and beyond. In a letter to clients, Hougan highlighted that Bitcoin has traditionally followed a cycle of three strong years followed by a pullback.
Genius Group, an AI-powered education company announced on Friday a rights offering with plans for additional loans to expand its Bitcoin holdings to $100 million. Notably, the right offering provides existing shareholders the opportunity to purchase additional ordinary shares at a discounted price of $0.50 per share, as per the announcement.
Bitcoin meme coin trading evolves with Odin.fun, a Runes protocol platform, challenging Solana's Pump.fun success in meme coins. The post Odin.fun challenges Pump.fun as Bitcoin's first meme coin launchpad appeared first on Crypto Briefing.
On Jan. 30, the U.S. Securities and Exchange Commission (SEC) approved NYSE's proposal to list and trade shares of Bitwise's Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) — a hybrid investment product giving investors exposure to the spot price of both BTC and ETH in one regulated fund.
After several days of volatility due to a general market decline, Bitcoin is finally seeing upside momentum. Thus far, the flagship asset has reclaimed the pivotal $105,000 price level and is targeting higher highs.
Bitcoin (BTC) price has remained above $100,000 for the last three days, showing resilience despite recent volatility. A golden cross has formed on BTC's EMA lines, indicating potential for a bullish breakout if key resistance levels are cleared.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
Tether reported net profits of $13 billion during 2024 generated by its businesses, which include the largest stablecoin USDT.
Kraken's delisting highlights the growing impact of regulatory compliance on crypto exchanges, potentially reshaping the European market landscape. The post Kraken to delist USDT and non-MiCA-compliant stablecoins in the EEA by March 31 appeared first on Crypto Briefing.
Czech National Bank (CNB) governor Aleš Michl told FT, "For the diversification of our assets, bitcoin seems good."
The European Central Bank (ECB) President Christine Lagarde's recent statement on a strategic Bitcoin reserve has sparked widespread criticism. Binance founder Changpeng Zhao believes the European Union needs Bitcoin, contradicting Christine Lagarde's assertion that the EU will never include it in its reserve.
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
Stablecoin issuer Tether reported $13 billion in net profit for 2024, driven by rising Bitcoin and gold prices. The company, which issues the largest stablecoin, USDT, generated $6 billion in profit in the last quarter of the year.
MicroStrategy (NASDAQ:MSTR) continues its bold Bitcoin strategy with a new $563.4 million preferred stock offering, signaling unwavering confidence in the apex crypto. The company announced on Friday that it has priced 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock at $80.00 per share, with settlement expected on Feb. 5.
MSTR intends to use the proceeds to buy more bitcoin, of which is currently holds 471,107 BTC worth over $46 billion.