Bitcoin rose to $105,000 following the Fed's decision to hold rates steady, with Chair Jerome Powell signaling openness to crypto banking.
CME Group, the worlds top derivatives marketplace, will introduce options on Bitcoin Friday futures on February 24, pending regulatory approval. These financially-settled options will offer expirations every business day, enhancing traders flexibility in managing short-term Bitcoin price risk.
Changpeng Zhao is once again stirring discussions on national Bitcoin adoption. The Czech Republics central bank has proposed allocating 5% of its reservesaround $7.3 billioninto Bitcoin, potentially securing over 71,000 BTC at current prices.
Ripple's XRP has currently drifted into the green zone and the price is now eyeing to break the $3.20 level. As long as XRP holds above the $3levels, the current bullish scenario remains plausible, with the expectation of moving towards the upside.
Illinois and Indiana have introduced bills to establish a Strategic Bitcoin Reserve. They join a growing list of US states exploring Bitcoin as a financial asset.
Mark Karpeles, former CEO of Mt. Gox, recently shared insights on Bitcoins role in shaping modern finance.
Shiba Inu (SHIB) is witnessing one of 2025s most significant price declines, resembling a falling knife pattern. The token has dropped to $0.00001817, with $0.000020 now acting as resistance.
Bitcoin (BTC) has experienced sharp price fluctuations, trading between $100,238.19 and $103,730.82 in the past 24 hours. Amid this volatility, CryptoQuant CEO Ki Young Ju has issued a cautionary warning to investors, citing increased taker sell pressure.
The price of Bitcoin, the leading cryptocurrency, has managed to reclaim the $105,000 level despite the Federal Reserve's hawkishness.
The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments.
Dogecoin found support at $0.3050 and recovered some losses against the US Dollar. DOGE is now rising and might aim for more gains above $0.350.
The Czech National Bank (CNB) is considering investing 5% of its €140 billion in foreign reserves into Bitcoin. If approved, this would make the Czech Republic one of the first major Western countries to include cryptocurrency as part of its official foreign reserve holdings.
Will DeFi big players increased interest in Ethereum boost ETH's prospects?
The crypto prices today, January 30, have brewed significant optimism among investors despite unchanged interest rates in the latest U.S. FOMC meeting. Bitcoin (BTC) price recovered to trade near the $105K level, whereas top altcoins such as Ethereum (ETH), Solana (SOL), and XRP also pumped in sync.
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B. The post Tesla Enjoys $600M Bitcoin Profit Jump After Accounting Rule Change appeared first on Cryptonews.
Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal.
Bitcoin and altcoins rally after the Fed's rate pause, with BTC breaking out of a bull flag pattern and targeting $116K. Powell's crypto remarks and Trump's policies fuel further optimism.
XRP has been struggling to maintain its momentum amid significant fluctuations in its price action. Currently priced at $3.10, the cryptocurrency is holding steady above the critical $2.95 support level.
XRP price started a strong increase above the $2.950 zone. The price is now consolidating gains and might aim for more gains above the $3.15 zone.
A closed-door meeting of the U.S. Securities and Exchange Commission (SEC) on January 30 has sparked new speculation about the future of the ongoing Ripple case. This marks the fifth such meeting of the year, and it has grabbed the attention of the XRP community, which is hopeful for potential developments regarding the lawsuit.
Ethereum price struggled to continue higher above $3,220. ETH is now consolidating losses and might face resistance near the $3,220 zone.
SEC's closed meeting sparks speculation on Ripple's case. Will a leadership shift end the legal battle and drive XRP to new highs?
Bitcoin (BTC) has been experiencing a strong accumulation phase, with nearly 4.85 million BTC withdrawn from exchanges since 2020. This surge in withdrawals highlights an increasing trend among investors to hold onto their Bitcoin, removing it from centralized exchanges (CEX) and signaling a belief in Bitcoin's long-term value.
Tesla's net income was boosted by a recent change in how companies account for their holdings of digital currencies.
Bitwise's Matt Hougan said crypto wouldn't “fully overcome” a four-year cycle but said market pullbacks would be “shorter and shallower” than before.
Bitcoin price started a fresh upward move above $102,000. BTC is rising and might gain pace for a move above the $105,000 resistance zone.
Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple's Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts. Scott Bessent Confirmed as Treasury Secretary, Signaling Pro-Crypto Shift Scott Bessent has been confirmed as the 79th U.S.
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.
Metaplanet raised $760M to buy 10,000 BTC by 2025, adopting MicroStrategy's strategy as its stock surged 245% since November.
Tesla's Bitcoin holdings rose by $600 million in the fourth quarter after implementing a new accounting rule.
El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
Elon Musk's Department of Government Efficiency (DOGE) claims it's slashing $1 billion daily by cutting unnecessary hires, DEI programs, and foreign payments—aiming for $3 billion in savings.
Bitcoin has experienced significant volatility in recent days, navigating through bearish sentiment and market uncertainty. Despite this, BTC remains strong above the $100K mark, holding a key psychological and technical level.
Bitcoin shot up 4.5% on Jan. 29, climbing to around $105,000 after the Federal Reserve decided to hold interest rates steady. Traders snapped back to riskier assets after five straight days of losses.
The operation will mine Bitcoin and several other tokens as part of the firm's broader venture mining push.
XRP has experienced a significant 10% surge over the past 24 hours, with its market capitalization reaching $181 billion and daily trading volume exceeding $10 billion. This positive momentum comes as XRP continues to show resilience, especially after its record-breaking performance in mid-January.
According to crypto analyst Titan of Crypto, Ethereum (ETH) could be on the verge of a “major move upward” this year as it continues to form higher lows on the weekly chart. However, breaking through the persistent $4,000 resistance level remains a key hurdle for the cryptocurrency, before it goes on to create new highs.
Steve Kurz, Galaxy global head of asset management, joins 'Fast Money' live in Miami talks the direction of crypto in 2025.
Bitcoin is once again gaining traction, and a discernible increase in trading volume indicates that market volatility is returning. The price is resilient above important support levels, currently trading at about $102,700.
Bitcoin sees reduced exposure as traders tread carefully, but the odds of a major crash remain unlikely.
Bitcoin has experienced heightened volatility in recent days, with price action fluctuating between key levels amid ongoing bearish sentiment and market uncertainty. However, despite the turbulence, BTC remains resilient above the crucial $100,000 mark, signaling strength in the long-term trend.
The gain reflects a new accounting adjustment, lifting Tesla's reported digital asset value to $1.076 billion from $184 million.
Bitcoin (BTC) has recently made a sharp rebound after dipping below $100,000, surging 4.73% to settle just above $102,000. This price recovery follows a brief period of decline, fueling renewed optimism in the market.
Bitwise CIO Matt Hougan has suggested that the four-year cycle that has previously characterised Bitcoin could be disrupted by the latest executive order from president of the United States, Donald Trump. The cycle that has alternatively shown gains for three years and then a correction may not occur in 2026 as expected.
Dan Patrick, Lieutenant Governor for the State of Texas, listed Bitcoin Reserve as a top priority for 2025. Other industry-adjacent priorities include “Texas D.O.G.E.
CME Group announced on Jan. 29 that it would introduce options on its Bitcoin (BTC) Friday futures. The new contracts will launch on Feb. 24.
The index, comprising 13 assets, aims to provide a standardized benchmark for U.S.-focused crypto investment strategies.
DeepSeek's launch triggered $534M in crypto outflows, crashing Bitcoin and Ethereum ETFs, while XRP defied the trend with fresh inflows.