TL;DR North Carolina proposes House Bill 92 to invest up to 10% of public funds in Bitcoin ETPs, becoming the 21st state to consider BTC investments. The bill mandates strict investment guidelines, requiring digital assets to maintain a market cap of $750 billion and third-party managers to have $100 million in assets.

Crypto analyst Michaël van de Poppe predicts that Bitcoin is on track to hit a new all-time high within the next 2-3 weeks, following the strong performance of gold.

“You can buy a lot and gain a lot, as well as lose a lot,” a bank official said. “However, we prefer something certain.

Data shared by the prominent blockchain sleuth Whale Alert shows that over the past ten hours, anonymous whales have exchanged more than a billion US dollars worth of the world's leading cryptocurrency – Bitcoin.

Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this market cycle before its price peaks.

This move reflects Tesla's continued confidence in Bitcoin's long-term value. While this might come as no surprise to those who have been following Tesla's history with Bitcoin, it's a clear sign of the company's commitment.

Tokyo-based gaming company Gumi Inc. has announced plans to invest 1 billion Japanese yen (approximately $6.58 million) in Bitcoin. The purchase is expected to take place between February and May 2025, marking a significant expansion into Web3 technology. Gumi Inc. Plan To Invest ¥1 Billion Gumi Inc.

Bitcoin miners may already be pointing the way to a major long-term BTC price rebound.

Bitcoin miners may be pointing the way to a major long-term BTC price rebound.

Bitcoin (BTC) has just hit horizontal resistance, plus the top of a wedge formation. Will the price break through, and head back over $100,000, or is it about to get rejected and fall back down to $92,000?

The renewed interest in altcoins, led by L1 projects, has increased the cash outflows from Bitcoin by whale investors in the past few days.

While the Bitcoin price struggles to breach past the $100K levels, yellow metal Gold solidifies its market position hitting a record-high of $2,940 per ounce. This has ignited the classic Bitcoin vs Gold debate with experts at both ends weighing in.

In 2024, Bitcoin (BTC 0.27%) turned in yet another triple-digit performance. For the year, Bitcoin was up 120%, which far surpassed the performance of any other asset class.

Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that allow fair market value reporting

North Carolina has introduced a bill to invest up to 10% of state funds in Bitcoin ETFs, becoming the twentieth US state to propose such legislation

Bitcoin's recent price movements have reignited debate over its next big move, with the cryptocurrency hovering between key resistance and support levels. The broader crypto market has surged 2.21% overnight, pushing the total market capitalisation to $3.24 trillion, while Bitcoin itself has recorded a 1.

North Carolina lawmakers introduced House Bill 92 to invest in Bitcoin. The bill allows up to 10% of state funds to go into BTC via regulated ETPs.

Grayscale has submitted a 19b-4 filing to the SEC for a spot Cardano ETF in the past day. Analysts expect the US ETF to witness a huge boom in 2025.

The state of North Carolina has become the latest to introduce a bill allowing the investment of public funds in digital assets like Bitcoin (BTC).

LTC, ADA, and SUI are the top gainers from the larger-cap alts.

Bitcoin's price has stabilized near $97,000 while experiencing its largest exchange outflow since 2022, with a 3% reduction in exchange supply as institutional investors move assets to long-term storage solutions.

Grayscale has applied with the US Securities and Exchange Commission (SEC) to list a Cardano exchange-traded fund (ETF) on the New York Stock Exchange (NYSE), according to a Feb. 10 filing. This would mark the first US-listed ETF tied to ADA, providing regulated exposure to the digital asset.

Grayscale's legal battle with Osprey Funds took another turn after Osprey challenged a recent court ruling in favor of Grayscale.

Following Utah's recent legislative progress, North Carolina joins a growing number of states exploring Bitcoin investments to enhance state fund yields and embrace digital asset adoption.

An on-chain and macro research specialist, Alex Adler Jr, in his recent X post, notes that the average funding rate across Binance, Bybit and OKX – the three top exchanges – has slipped to zero. Interestingly, he also points out that every such occurrence in this cycle has triggered a macro bull run.

Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase.

The cryptocurrency market has displayed a jump of 2.21% overnight with a trading volume of $97.94 billion. With this, the crypto-verse is now valued at $3.24 Trillion. Following this, top tokens have added greener numbers to their statistics, further suggesting an increase in the bullish sentiment.

On-chain data shows the Bitcoin whales have been distributing for a while, but this investor cohort has been scooping up their coins. Bitcoin Sharks Have Increased Their Supply Dominance Recently In a new post on X, analyst James Van Straten has discussed about how the Supply Dominance of the various Bitcoin cohorts has recently changed.

According to Bitwise Asset Management, individual holders control most of Bitcoin's (BTC) total supply. 69.4% of the 21 million BTC in circulation belong to private investors.

The hacker who posted a fake Bitcoin ETF approval update through the US SEC's account has pleaded guilty.

An analyst known for making timely Bitcoin calls believes that BTC needs one final leg down before sparking a new parabolic surge. In a strategy session, pseudonymous analyst Credible Crypto tells his 67,800 YouTube subscribers that Bitcoin appears to be in the midst of a corrective wave two within a five-wave rally.

Bitcoin's price has remained flat week over week, hovering around $97,650 after peaking at $109,000. This comes after two weekends of high volatility, with traders pausing to reassess their positions following a significant liquidation event. Jake O. from Wintermute OTC noted that the slowdown reflects tighter trading ranges and a lack of fresh crypto-specific narratives.

Pi Coin price is consolidating at $48 after a strong rally, but speculation around a potential Trump-led PI reserve could push its value toward $1000. PI Coin Price To Hit $1000 If Donald Trump Creates PI Reserve The discussion around a U.S. Bitcoin reserve has taken center stage following Donald Trump's resurgence in the political

Since the beginning, the crypto markets have followed a pattern of liquidity flowing into Bitcoin first and later to Ethereum and other altcoins.

Bitcoin is holding above $95,000 despite heavy selling pressure, briefly dipping to $94,726 on Feb. 9 before recovering.

Osprey Funds has challenged a recent Connecticut court ruling that favored Grayscale Investments in their ongoing $2 million unfair trade dispute over GBTC. The post Osprey Funds Appeals Court Decision Favoring Grayscale in $2M Bitcoin Fund Case appeared first on Cryptonews.

Cryptocurrency exchange-traded products (ETPs) recorded their fifth consecutive week of inflows, reaching $1.3 billion, according to CoinShares.

Bitcoin rebounds near $98K after a $742M institutional buy. With exchange supply dropping and Fed policy in focus, will BTC break past $100K? Read more! The post Bitcoin Just Bagged a $742M Boost—Is a $100K Comeback Next? appeared first on Cryptonews.

Bitcoin Spot ETF outflows totaled $186M, while IBIT attracted significant inflows.

Between February 1 and 7, the cryptocurrency market sharply plummeted by nearly 11.65%. An X post by renowned crypto technical and on-chain analyst Ali Martinez notes that the crypto market has seen a notable capital inflow of over $6 billion in the past week.

Bitcoin has crossed back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war.

Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here's where this could lead the asset's price.

The crypto market today has posted a minor recovery, with the market cap inching up by 2.08% to reach the landmark of $3.22 trillion. Despite this change, the volume of trades took a hit of 2.21%, settling at $96.3 billion.

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

Florida Senator Joe Gruters has introduced a bill that could pave the way for public funds to be invested in Bitcoin. Known as “SB 550: Investments of Public Funds in Bitcoin,” this proposed legislation would grant Florida's Chief Financial Officer (CFO) the authority to invest various public funds in Bitcoin and other digital currencies.

Santiment's social tracker shows top layer-1 blockchains are dominating 44% of the discussion on social media, while the top six memecoins are at 4%.

Strategy, formerly MicroStrategy, has acquired 7,633 BTC following its rebrand, increasing its total holdings to 478,740 BTC.