Bitcoin's price charts are in a tricky position right now, with its support levels being especially key.
Crypto analyst Dark Defender has predicted that the XRP price could soon rally to a new all-time high (ATH) of $5. The analyst revealed a bullish pattern that had formed for XRP, which showed that the crypto could reach this price target and rally higher.
Abu Dhabi has made a significant stride in its venture into digital assets with a massive $436.9 million investment in BlackRock's iShares Bitcoin ETF (IBIT). This notable purchase was made by Mubadala Investments, the UAE capital's sovereign wealth fund, according to a 13F filing submitted to the U.S. Securities and Exchange Commission (SEC).
The hopes for a lightning-speed establishment of the Strategic Bitcoin reserve were high. However, it is the stablecoins regulation that becomes a dominant narrative in the high-profile crypto discussions.
The State of Wisconsin Investment Board (SWIB) significantly increased its bitcoin (BTC) exposure in the last quarter of 2024. According to a 13F filing with the Securities and Exchange Commission (SEC), SWIB reported holding over 6 million shares of BlackRocks iShares Bitcoin Trust (IBIT) as of December 31, up from approximately 2.9 million shares three months earlier.
Peter Schiff, a prominent crypto critic, recently compared silver to Bitcoin, suggesting it could see a significant price rally. Silver reached $33.38its highest since Octoberprompting Schiff to call it Bitcoin 2.0, signaling its breakout potential.
On February 14, Bitcoin spot ETFs recorded a net outflow of 1,765 BTC, valued at approximately $171.06 million, according to Lookonchain. Fidelity, a major player in the market, saw 982 BTC leave its Bitcoin ETF, worth around $95.21 million.
Veteran trader Peter L. Brandt shared insights on Bitcoins potential to reach $200,000 by the decades end.
Ripple CEO Brad Garlinghouse recently endorsed Brian Quintenz for CFTC chair, emphasizing the CFTCs vital role in maintaining strong U.S. markets. Garlinghouse also supported the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to make the CFTC the primary crypto industry regulator.
NBA legend Scottie Pippen has sparked excitement on X (formerly Twitter) with a cryptic Bitcoin-themed tweet, signaling his passion for cryptocurrency. Pippen, whose net worth is approximately $20 million, revealed he is working on a project, hinting it could be crypto-related.
XRP has experienced a strong price rebound over the past 48 hours, resulting in $1.07 million in liquidations, according to CoinGlass data. Of this, $596,580 was from long traders, while short traders accounted for $476,140.
El Salvador's Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow's analysis highlights the deeper implications. Bitcoin No Longer ‘Currency' in El Salvador—Here's What That Actually Means Changes to El Salvador's Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender.
Crypto pundit Andrei Jikh has reignited the $100 XRP price target, sparking a bullish sentiment in the XRP community. The analyst outlined several factors that could contribute to the parabolic rally to the ambitious $100 target.
A new development is brewing in the internet industry as Zoom Video Communications faces pressure to shake up its treasury strategy. Eric Semler, head of Semler Scientific, has noticed the pressure on video conferencing giant Zoom, despite its hefty $7.7 billion cash reserve.
Bitcoin's total non-empty wallets have declined to around 54 million, marking the lowest level since December.
A decade after accidentally discarding a hard drive containing nearly $800 million in Bitcoin, James Howells is now considering an extreme measure—buying the entire landfill where it was dumped. Howells, who has spent years battling Newport City Council in Wales for permission to search the Docksway Landfill, announced his latest plan on X.
Institutional crypto investments are surging, signaling growing mainstream acceptance and potential market stabilization for digital assets. The post Hedge fund giant Millennium discloses $2.6B Bitcoin ETF and $182M Ethereum ETF holdings appeared first on Crypto Briefing.
Bitcoin has been experiencing substantial gains recently, but one seasoned trader remains skeptical about its long-term price potential. Peter Brandt, a veteran trader known for his technical analysis, has expressed doubts about Bitcoin's ability to reach $200,000 by the end of this decade.
Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world's largest cryptocurrency soared 47%, according to recent regulatory filings.
State Senator Chris Rose has introduced legislation to permit the West Virginia Treasury to diversify its holdings by including digital assets and precious metals. The Inflation Protection Act of 2025, submitted on Feb. 14, proposes allowing investment in digital assets with a market capitalization exceeding $750 billion.
Market dynamics have shifted speculative trading activity toward other blockchain ecosystems.
Solana is currently recovering a sizable portion of its lost value which suggests a possible reversal. On the chart a hidden head and shoulders pattern is developing though and it might be a significant indication of an approaching retracement.
Ripple's (XRP) February stagnation has caused concerns among altcoin investors who are now looking for ways to undo recent losses. RCO Finance has presented itself as a cheap altcoin alternative that uses an AI-based approach to streamlining participation in the finance sector.
Abu Dhabi is now an indirect fund holder after Mubadala Investment bought over $436 million of IBIT.
Bitcoin price action has come under intense scrutiny this week following an overheated inflation print in the February 13 US CPI report. On Friday, BTC has stabilized just above the $97,000 mark, however, despite a mild 0.54% daily gain, Bitcoin's momentum has paled in comparison to the surging altcoin market.
Michael Saylor, co-founder of MicroStrategy, recently met with El Salvador's President Nayib Bukele to discuss expanding Bitcoin adoption both in El Salvador and worldwide. The meeting reflects growing institutional interest in El Salvador's Bitcoin experiment and the nation's continued commitment to integrating Bitcoin into its economy.
Bitcoin Layer 2 solutions are growing, yet many BTC holders hesitate to engage. Experts discuss programmability, DeFi integration, and how L2 networks could reshape Bitcoin's financial utility without sacrificing security. The post Bitcoin Layer-2 Sector Is Overlooked: Why and What to Expect Moving Forward appeared first on Cryptonews.
Michigan's HB 4087 bill would permit investing up to 10% of state funds in Bitcoin while allowing secure crypto lending.
XRP has seen a significant price surge today, outperforming top cryptocurrencies like Bitcoin and Ethereum. After several days of sideways movement, XRP's price has surged from $2.42 to an intraday high of $2.76, marking a 14% gain.
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed Bitcoin historically.
Ripple (XRP) price surged 7% on Friday amid bullish sentiment fueled by the SEC's acknowledgment of Grayscale's XRP and Dogecoin ETF filings. With open interest lurking below $4 billion, bull traders are eyeing a potential retest of the $3 territory.
Abu Dhabi's Crypto regulation, Mubadala invested $436.9M in the iShares Bitcoin ETF in Q1 2024. This is one of the first major crypto moves by a sovereign wealth fund.
Litecoin emerged as an “improved” version of Bitcoin, yet it has never quite managed to surpass it. Nevertheless, it still ranks among the top 20 cryptocurrencies by market capitalization.
Osprey's ETF conversion could democratize Bitcoin investment, offering greater liquidity and accessibility, impacting market dynamics significantly. The post Osprey seeks SEC nod for Bitcoin Trust ETF conversion appeared first on Crypto Briefing.
Major institutions, including sovereign wealth funds and pension funds, ramped up their spot Bitcoin ETF investments.
Hong Kong-based investment firm Avenir Group has declared its substantial stake in Bitcoin ETFs, revealing it holds $599 million in BlackRock's Bitcoin ETF. This investment solidifies Avenir Group's role as a powerful institutional player in the growing crypto market.
XRP's price action within the past seven days has been limited to a trading range as investors look to recover the losses they incurred at the beginning of February. This range is a consequence of the current indecisiveness on the XRP price.
Barclays Bank has reported a $131M stake in BlackRock's Bitcoin ETF, signaling an increasing institutional shift toward digital assets. The disclosure follows similar moves from JPMorgan and Goldman Sachs. The post Barclays Bank Reports $131M Stake in BlackRock's Bitcoin ETF – Institutional Adoption Rising? appeared first on Cryptonews.
El Salvador aims to become LATAM's crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
This week's business newsletter explores Goldman Sachs' U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.
A widely followed crypto analyst says that Ethereum (ETH) looks attractive against Bitcoin (BTC) at its current price.
Crypto markets are experiencing strong momentum on Friday, with key assets posting gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,205.44 +2.7% Ethereum (CRYPTO: ETH) $2,744.60 +3.9% Solana (CRYPTO: SOL) $202.28 +5.2% XRP (CRYPTO: XRP) $2.79 +13.5% Dogecoin (CRYPTO: DOGE) $0.2775 +8% Shiba Inu (CRYPTO: SHIB) $0.00001688 +4.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.8% and daily active addresses growing by 5.3%.
Avenir Group has expanded its Bitcoin holdings, reporting $599 million in BlackRock's iShares Bitcoin Trust. Avenir's increased exposure was revealed in its 13F filing, which details institutional investments, including asset positions and valuations.
XRP has become a major focus in the cryptocurrency market as its price has surged over 70% since the start of the year, reaching a seven-year high. The growing optimism around a potential approval for a spot XRP ETF by the U.S. Securities and Exchange Commission (SEC) has further fueled the bullish sentiment.
The State of Wisconsin Investment Board (SWIB) has stacked up an additional 3.1 million shares of BlackRock's iShares Bitcoin Trust (IBIT), pushing its total Bitcoin ETF holdings to around $588 million, according to an SEC 13F filing for Q4 2024 that was released today.
Weiss Crypto, a branch of financial rating agency Weiss Crypto, has poured cold water on the surrounding the Ripple-affiliated XRP cryptocurrency.
Nayib Bukele and Michael Saylor's strategic meeting highlights El Salvador's continued commitment to Bitcoin adoption despite IMF pressures and policy adjustments.
Mubadala Investment Company, the sovereign wealth fund for Abu Dhabi's government, bought $436 million in Bitcoin ETF shares.