According to insights gathered by Google Trends, interest in the search terms “bitcoin” and “bitcoin price” has diminished over the past month, and even more so in the last week.
The financial elite is gradually abandoning gold for Bitcoin. This massive adoption could redefine the role of digital assets in the economy.
This trading week proved rather turbulent for Bitcoin as the premier cryptocurrency fell to as low as $91,000 on Monday amid concerns of a potential trade war between the US and Canada, Mexico, and China. Though Bitcoin soon made a sharp recovery rising briefly above $102,000, the flagship cryptocurrency currently trades above $96,000 in what appears to be a range-bound market.
Here's what to expect ahead of accelerated miner capitulation as network difficulty prepares to climb higher.
The move builds on its successful bitcoin futures trading and is set to strengthen Brazil's cryptocurrency market.
Bitcoin has recently experienced a decline, with its price dropping to approximately $96,800, reflecting a growing sense of caution in the market. This downturn comes after a period of significant growth, largely driven by a surge in new investor interest.
With XRP's (XRP -2.70%) price rising by 256% in the last three years alone, it's a bit surprising that there's still a trickle of substantive new reasons to buy it.
Bitcoin's recent price action tells a story of resilience mixed with caution. After briefly crossing the much-anticipated $100,000 mark, it pulled back, reflecting BTC's struggle to keep its foot down.
Canary Capital CEO Steven McClurg said his firm has no plans to offer a Dogecoin ETF, despite expectations of potential approvals this year.
Hong Kong authorities have reportedly recognized Bitcoin and Ethereum as valid proof of assets for investment immigration applications.
Social volume data from November showed that spikes in engagement related to selling were indeed followed by price hikes.
The excitement surrounding Bitcoin (BTC) is intensifying across the U.S. after Donald Trump's presidential win, with Kentucky recently joining the movement to establish a state-backed Bitcoin reserve.
Tron is on fire this year, beating even Bitcoin in price performance. Yes, you read that right.
On-chain data shows the Bitcoin investors with no history of selling are back to intense accumulation, a sign that could be bullish for BTC's price.
XRP trading volume on Coinbase has skyrocketed, increasing by a staggering 9,640% in just 24 hours. According to CoinGlass data, XRP trading volume on the exchange increased to $438 million as traders capitalized on recent price movements.
Over the past hour, bitcoin has oscillated within a narrow corridor of $95,850 to $96,240, its market cap anchored at $1.90 trillion. Daily trading activity tallied $48 billion, while intraday price fluctuations stretched from $95,676 to $100,097, reflecting a market teetering between hesitation and ambition.
The United States' adoption of the Bitcoin reserve is still up in the air, even as individual states increasingly warm up to the cryptocurrency. Anticipations of President Donald Trump embracing the asset this year spark both excitement and criticism.
A Florida senator has introduced a new bill to support Bitcoin investments in the state.
XRP Ledger (XRPL) is set to introduce a groundbreaking feature that will bring lightweight identity verification to the network.
Given his penchant for blazing trails, it makes sense that Trump would want the U.S. sovereign wealth fund to buy a bunch of Bitcoin.
And does Kraken know who Satoshi Nakamoto is? A look back at another very busy week for Bitcoin and the markets.
Bitcoin falls 5% as Trump's trade war fears rattle markets. BTC faces key resistance at $98,900, while Best Wallet Token ($BEST) surges in presale demand. The post Will Trump's Tariffs Boost Bitcoin: Down 5% Again appeared first on Cryptonews.
A Beijing court has sentenced Hao Gang, a former deputy director of the Beijing Financial Bureau, to 11 years in prison for bribery and Bitcoin-related money laundering.
Bitcoin is climbing, and if Russian mining firm BitRiver is right, we could see BTC at $160K by the end of the year. With institutional adoption growing and market momentum picking up, this could be the spark that ignites the next wave of altcoin and meme coin mania.
PNC, one of the United States' largest banks, has revealed its growing exposure to Bitcoin through a $67 million investment in a Bitcoin ETF, as outlined in a recent SEC filing.
Most of the coins are in the red zone at the beginning of the weekend, according to CoinMarketCap.
On Feb. 8, 2025, XRP traded at $2.41, boasting a $139 billion valuation, $7 billion in daily trade volume, and an intraday fluctuation between $2.35 and $2.53. XRP The hourly view reveals XRP oscillating between $2.30 and $2.40, crafting a series of ascending troughs that foreshadow a breakout. A hurdle at $2.
Blockchain data tracker Whale Alert recently reported a significant movement of $424 million worth of Bitcoin (BTC) across three separate transactions during the last 24 hours.
XRP, Ripple Labs' native token, is garnering massive attention from crypto enthusiasts and is poised for a significant upside rally following the formation of bullish price action. In addition to this bullish outlook, today, February 8, 2025, a prominent crypto expert posted on X (formerly Twitter) that XRP appears poised for a rebound.
Bitcoin is currently trading within a well-defined range, fluctuating between its all-time high of $109K and range lows around $89K. The market remains highly volatile, with uncertainty dominating sentiment as traders await a decisive breakout.
The stock market has always been a strong indicator for crypto movements and again this time it might be sending a warning signal for the crypto market, Bitcoin and Ethereum. According to analyst Bennett, the S&P 500 is struggling to break through its range of highs, and this could spell trouble for cryptocurrencies.
A new financial trend is gaining momentum across the United States as more states explore integrating Bitcoin and other cryptocurrencies into their public funds strategy. With 16 states actively discussing or proposing legislation to include digital assets in their state budgets, it's clear that a shift in fiscal policy is underway.
Bitcoin has experienced significant price swings in the past 24 hours, briefly surpassing the $100,000 mark before retracing. The sudden drop reflects the ongoing market uncertainty, with traders reacting to short-term volatility.
A new Arizona bill aims to protect residents from Bitcoin ATM scams following an incident where a woman lost $17,000 to fraudsters.
Arizona has taken the initiative to curb scams and frauds in Bitcoin ATMs, a menace that has been growing over the last few years. According to reports, the state is looking at passing a bill that will crackdown on the illegal activities being carried out using the machines.
If you're interested in where crypto could be headed in 2025, then the new "Big Ideas 2025" report from Ark Invest is a must-read. It lays out what could be coming next for cryptocurrencies, stablecoins, decentralized finance (DeFi) platforms, and smart contract blockchain networks.
Ripple price remains in a deep bear market as the softness in the crypto industry continued this week. Ripple (XRP) has dropped by 30% from its January high, erasing most of the gains made earlier this year.
Bitcoin ETFs saw a net inflow of $171 million to close out the week positively while ether ETFs experienced no net inflows or outflows, ending a six-day streak of positive inflows. Bitcoin ETFs Close the Week With $171 Million Inflow Bitcoin ETFs experienced a net inflow of $171 million on Friday, Feb.
Analyst and trader Jason Pizzino is saying that the crypto market is possibly at the tail end of the cycle. In a new video, Pizzino tells his 348,000 YouTube subscribers that for the current cycle, most of the gains “have been had already.
John Deaton, XRP holders' lawyer in the legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC), has called out Bill Hinman, the agency's former Director of the Division of Corporation Finance. The callout hinges on how he has continued to gaslight the XRP ruling that states that the retail trading of the coin on secondary platforms is not a security.
Even if you factor in the recent wobble, Bitcoin (BTC -2.11%) has been on a tear recently. It's gained almost 55% in the past six months, setting new all-time highs as quickly as Michael Phelps in an Olympic swimming pool.
Major asset managers are now vying to introduce the first spot XRP exchange-traded funds (ETFs) in the U.S. in the wake of Bitcoin and Ether's approvals in 2024.
The Hong Kong government has approved the use of BTC and Ethereum for immigration applications. Travelers can use these coins as proof of assets required by authorities.
XRP Depository Receipts (DRs) will soon launch, allowing accredited investors to access XRP through regulated financial products. Anchorage Digital will custody XRP DRs, ensuring compliance under the U.S. Office of the Comptroller of the Currency (OCC).
Bitcoin, the world's largest cryptocurrency, has undergone a significant transformation. Once known for its extreme price swings, BTC has now reached an unprecedented level of stability.
A crypto trader has predicted Bitcoin price to break $150,000 this cycle despite present conditions. Several analysts have called for a higher Bitcoin price this year, citing institutional inflows as adoption hits the roof.
The difference is actually quite smaller between the two now, compared to December, 2024.