Self-proclaimed ‘crypto president' Donald Trump is forcing corporate America to face the Bitcoin question, whether companies are ready or not. Last week, David Sacks, Trump's newly appointed White House crypto and AI czar, stood before reporters at his first press conference straight from the Oval and laid out Washington's new crypto agenda.
While Bitcoin L2s recently witnessed outflows, a new protocol called Hemi amassed more deposits on its private mainnet network.
XRP consolidates at a crucial level, seeing $75M outflow, bullish outlook, and strong support from an ascending trendline.
Bitcoin's market dynamics may witness a notable shift following the release of the United States Consumer Price Index (CPI) data. While the US CPI data release is likely to trigger volatility in the general crypto market, Bitcoin could still see its price move upward once again.
Tether CEO Paolo Ardoino dismissed JP Morgan's claims that regulatory changes may force the stablecoin issuer to sell Bitcoin, expressing skepticism about the bank's predictions on Tether's compliance and market impact. The post Tether CEO Paolo Ardoino Dismisses JP Morgan's Bitcoin Sell-Off Prediction appeared first on Cryptonews.
Tether has refuted claims made by JPMorgan analysts regarding its Bitcoin reserves and ability to comply with upcoming US stablecoin regulations. In a Feb. 13 statement to CryptoSlate, the stablecoin issuer confirmed that it is closely monitoring developments around US stablecoin regulations while actively engaging with local regulators.
Tether slammed JPMorgan analysts for speculation that the issuer may need to sell its Bitcoin holdings to comply with newly proposed US stablecoin bills.
U.S. Customs and Border Protection is continuing its seizure of Bitcoin mining equipment at U.S. ports. The ASIC miners are reportedly being detained at U.S. ports of entry at the request of the Federal Communications Commission.
In a latest development, Russian brokerage Finam plans to offer structured notes linked to BlackRock's iShares Bitcoin Trust ETF (IBIT), aimed at qualified investors, despite unclear crypto regulations in Russia. This move will give qualified Russian investors their first chance to invest in spot Bitcoin ETFs.
Cautious optimism appears to have edged bitcoin's price upward a day after negative inflation data caused a market-wide decline. Bitcoin Bounces Back Slightly Despite Lingering Market Uncertainty Bitcoin (BTC) is seeing a modest recovery, trading at $95,863.12 at the time of reporting. Coin Market Cap data shows the leading cryptocurrency has gained 0.
Bitcoin faces conflicting trader moves as PPI puts even more pressure on the crypto bull case.
Bitcoin faces conflicting trader moves as PPI puts even more pressure on the crypto bull case.
Binance is in the spotlight as online analysts on X question its low reserves and whether the crypto exchange sold its BTC, SOL, and XRP reserves to pay its $4.3 billion fine to the Department of Justice (DoJ). Binance, however, has assured customers that their funds are safe.
On February 13th, 2025, the state introduced SB 4728, a proposed bill. It would establish a task force to analyze the impact of crypto across several important areas.
The disappointment over the lack of an altcoin season is palpable throughout the market. While Bitcoin (BTC) has renewed one all-time high after another almost every two months or even less, alternative cryptocurrencies show much weaker performance, and only select ones like Solana (SOL) saw their historical highs rewritten.
"We are excited to explore Bitcoin as a network and asset," said WHPA vice president Austin Bluemel.
QCP Capital's latest market update illuminates a notable transformation in economic and financial paradigms. QCP Capital Forecasts Delayed Fed Rate Cut Amid CPI Surge and Bitcoin Volatility According to QCP Capital's findings, the headline consumer price index (CPI) figures outstripped forecasts, whereas core CPI saw only a marginal uptick.
Metaplanet confirmed receipt of 4.0 Japanese Yen from Evo Fund to purchase more Bitcoin today. The company reviewed its use of funds partially to optimize fund management.
Lately, Wholesale surged more than expected in January, catching many off guard and raising concerns about inflation staying strong. The Producer Price Index (PPI) jumped 0.4%, beating predictions of 0.3%, while year-over-year prices shot up by 3.5%, higher than anticipated! This spike is fueling worries that inflation pressures could stick around longer.
The current consolidated pattern in XRP's price could signal trouble for sellers because it seems the altcoin might be gearing up for a sharp increase. Many experts expect big rises in XRP's value as the market becomes more hopeful about the U.S. approving an XRP-focused ETF today.
Russian brokerage Finam will offer structured notes tied to BlackRock's Bitcoin ETF, targeting qualified investors amid unclear crypto regulations in Russia.
President Nayib Bukele vowed to build Bitcoin City on the Conchagua volcano. CoinDesk went looking for signs of construction.
TL;DR Bitcoin whale movements on exchanges have reached levels close to a five-year high, which has historically preceded strong BTC price surges. Miners have resumed accumulating BTC after months of constant selling, a key signal suggesting a bullish turning point in the market.
There aren't too many cryptocurrencies that belong in nearly everyone's portfolio. Still, even if XRP (XRP 1.21%) experiences many of the same pitfalls as other cryptos, like extreme price volatility and a fairly uncertain long-term picture, it is looking like an increasingly attractive place to invest, even if it's with a smaller amount, like $1,000 or so.
Bitcoin wallets hit a five-month low as retail investors sell, while whales accumulate billions, and institutional outflows continue amid global economic uncertainty.
The US has introduced two stablecoin bills to regulate stablecoin issuers. According to JPMorgan analysts, for Tether to follow the planned US stablecoin rules, it might have to sell assets that don't follow the rules.
Paolo Ardoino, the chief executive officer of stablecoin behemoth Tether, has taken aim at banking giant JPMorgan, claiming that its analysts are "salty" since they do not own the largest cryptocurrency.
Bitcoin's price has been struggling to stay above the crucial mark of $100K, and analysts are starting to sound the alarm due to changing economic factors. Amid a broader market downturn, cryptocurrency trader Jason Pizzino warns that the probability of a Bitcoin crash is increasing.
XRP is moving sideways above $2. Where will it go next?
Avalon Labs is designing an innovative debt fund collateralized by Bitcoin, opening new possibilities for investors.
The Bitcoin bull rally ground to a halt after Donald Trump took over the White House despite his promises of pro-crypto regulations. Uncertainty still persists in the digital assets market as BTC price failed to regain the $100K mark, showing major fluctuation in investors' sentiment.
ARK Invest's Cathie Wood is steadfast on her estimate that Bitcoin may rise to $1.5 million by 2030, despite a bold projection that is causing a stir across the crypto space. Related Reading: Ethereum Whales On The Move—224,000+ ETH Withdrawn In Record Outflow Known for her lofty tech forecasts, the financial guru described this situation during Ark's Big Ideas 2025 conference, where she revealed that the odds of reaching this astronomical figure have actually increased.
Ripple CTO David Schwartz highlights the potential of real-world asset tokenization using the XRP Ledger, emphasizing its efficiency in sectors like real estate.
Last year, Ripple CEO Brad Garlinghouse revealed that his company has partnered with 10 governments to develop their respective Central Bank Digital Currencies. Working with the central banks of countries like Colombia, Georgia, Montenegro, and Palau could speed up the adoption of digital currencies globally.
Last year, Ripple CEO Brad Garlinghouse revealed that his company has partnered with 10 governments to develop their respective Central Bank Digital Currencies. Working with the central banks of countries like Colombia, Georgia, Montenegro, and Palau could speed up the adoption of digital currencies globally.
Tether Sell Bitcoin: JPMorgan warns that new US stablecoin regulations could force Tether to offload non-compliant assets, including Bitcoin.
Ripple is exhibiting muted price action with minimal volatility, reflecting a market in indecision. Despite this uncertainty, the price remains confined within a narrow trading range, with consolidation likely to persist in the short term.
The American company expands from the debit card market to the credit card market, always with cashback in BTC.
Tether, the biggest stablecoin issuer, might be forced to sell some of its Bitcoin holdings to follow new US regulations, says JPMorgan analysts. The US has proposed two laws, the STABLE Act and the GENIUS Act to set stricter rules for stablecoin issuers.
Tether (CRYPTO: USDT) may have to restructure asset reserves, potentially forcing the company to sell some of its holdings, including Bitcoin (CRYPTO: BTC), according to JPMorgan analysts. What Happened: This move, should it occur, could ripple through the cryptocurrency market, altering established dynamics, The Block reported.
The cryptocurrency market has experienced a sharp downturn, with Bitcoin (BTC) and altcoins facing significant losses. Investors are locking in losses amid volatile market conditions.
The much-awaited US PPI data today showed that the inflation has advanced 3.5% in January, up from the prior month's figure of 3.3%. This gloomy data, after the recent hotter-than-anticipated US CPI inflation figures, has further added pressure on the crypto market traders.
A total of 20 US states are pushing for Bitcoin reserves, with some bills already making traction. If these bills pass, it could result in the purchase of $23 billion worth of Bitcoin, creating strong demand. This may also encourage state pension funds to invest in BTC, putting even more pressure on supply.
The Bitcoin market continues to see a lot of sideways action, as we are waiting for the next fundamental reason for the market to rally.
Even as bitcoin and cryptocurrency become increasingly prevalent, corporate America has largely stayed away from adding digital assets to balance sheets that collectively hold between $3 trillion to $4 trillion in cash and cash equivalents.
Metaplanet, a Japan-listed company, has successfully raised ¥4 billion ($26.32 million) by issuing bonds with 0% interest, a strategic move that has gained attention in the cryptocurrency world. Initially, Metaplanet had planned to use the funds to purchase additional Bitcoin.
Several analysts are anticipating massive XRP price gains as the market grows more optimistic about a spot XRP ETF approval in the United States.