Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is likely undergoing one of its final consolidation phases before making a run to new all-time highs.

Over the past 60 minutes, bitcoin's price has oscillated narrowly between $94,853 and $95,202, reflecting subdued trading activity amid a $1.88 trillion market valuation and $31 billion in daily volume. The asset has fluctuated between $94,898 and $98,467 in the last 24 hours, lingering 12.6% beneath its historic peak recorded 22 days prior.

Publicly traded crypto firms including Bitcoin miners saw substantial market cap gains in January, outpacing the crypto market itself.

Visa and Fold partnered to launch a credit card that offers bitcoin rewards. The new Fold Bitcoin Rewards Credit Card will join the debit card products already offered by Fold, which is a bitcoin rewards and financial services platform, Fold said in a Tuesday (Feb. 11) press release.

Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,189.97 -2.3% Ethereum (CRYPTO: ETH) $2,600.05 -2.8% Solana (CRYPTO: SOL) $196.61 -2.8% XRP (CRYPTO: XRP) $2.40 -1% Dogecoin (CRYPTO: DOGE) $0.2519 -0.7% Shiba Inu (CRYPTO: SHIB) $0.00001559 -1.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%.

Ahead of the US inflation report, Bitcoin's price is experiencing a bearish correction. This drop is triggered by significant sell-offs among investors, creating intense bearish pressure in the $95K-$100K range. Meanwhile, various on-chain metrics indicate mixed sentiments regarding Bitcoin's next direction, as traders on both sides continue to heavily influence the price chart.

Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from February to May and will represent 4.3% of Gumi's $150 million market cap.

James Howells, a 39-year-old British IT technician, continues his relentless fight to recover a hard drive containing 8,000 bitcoins, now valued at over 750 million dollars. Faced with the imminent closure of the landfill where his digital treasure lies, he is now considering a radical solution: purchasing the entire site from the municipality of Newport.

Trading legend John Bollinger has suggested that the price of Bitcoin (BTC) could potentially surge to the moon against Ethereum (ETH).

The Japanese hotel and investment firm Metaplanet witnessed its stock explode by a staggering 3,575% in the past year as it launched an aggressive Bitcoin (BTC) accumulation strategy. Metaplanet gobbled up 1,762 BTC last year and became “the best-performing stock worldwide,” according to a recent company earnings presentation.

Meme coins continue to draw attention in the cryptocurrency market, but SkyBridge Capital founder Anthony Scaramucci believes their speculative nature could have negative consequences. What Happened: In an interview with CNBC on Tuesday, Scaramucci cautioned that the frenzy surrounding meme coins risks distorting perceptions of Bitcoin, making some investors question its legitimacy as an asset.

Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities.

In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors.

A crypto market crash has occurred, with Bitcoin, Ethereum, XRP, and the Dogecoin price witnessing significant declines. This price decline came following the Federal Reserve Chair Jerome Powell's testimony before the Senate Banking Committee.

North Carolina is stepping up its game in the digital asset space. The state recently introduced a new bill, House Bill 92, known as the “Digital Assets Investments Act.

Bitcoin (BTC) is likely to move higher as US Treasury yields remain below 4.50%, creating a favorable macroeconomic backdrop for digital assets, according to Standard Chartered head of digital assets research Geoffrey Kendrick. In an internal note shared with CryptoSlate, Kendrick highlighted that the 10-year US Treasury yield has struggled to break above 4.

KULR Technologies, a leader in advanced technology solutions, has made a notable move in its corporate financial strategy by further expanding its Bitcoin (BTC) holdings. The company recently disclosed the purchase of additional Bitcoin at an average price of $103,905 per BTC, including all associated fees and expenses.

The Bitcoin dominance (BTC.D) surged above 64% this week, its highest level since March 2021, sparking debate over an impending short squeeze that could send its price skyward. The stark warning comes from Joe Consorti, Head of Growth at Theya, who took to X on Monday to outline what he views as a decisive turning point for Bitcoin versus the rest of the digital asset market.

The BTC purchase is part of Gumi's broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”

As BTC reacts to macro developments, crypto investors now view it as more of a risk-on asset than a store of value.

KURL Technology Group increased its Bitcoin treasury by $10 million, furthering its plan to accumulate the world's top cryptocurrency as a reserve.

Florida and North Carolina lead U.S. states in Bitcoin adoption with Senate Bill 550. Lawmakers aim to allocate public funds into Bitcoin.

The UK landfill where $777,323,760 worth of Bitcoin (BTC) is presumed to have been dumped is reportedly set to close by next year.

Hong Kong has officially recognized Bitcoin and Ether as valid proof of assets for investment immigration applications under the New Capital Investment Entrant Scheme (New CIES), allowing applicants to meet the HK$30 million requirement with crypto holdings. The post Hong Kong Accepts Bitcoin, Ether as Proof of Wealth for Investment Visas appeared first on Cryptonews.

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, is facing a unique supply challenge. According to a report from Bitwise Asset Management, individual investors now control the vast majority of Bitcoin's total supply.

Bitcoin may face a major supply shock as exchange reserves hit the lowest point in years. CryptoQuant data shows reserves at the lowest level since it began recording this data in 2022.

The price of Bitcoin is gradually retaining its upward trend as the flagship asset eyes the $100,000 pivotal mark after a slight rebound on Monday. During the waning price performances over the past few days, recent data shows that BTC's funding rates have persistently maintained a bullish sentiment.

Bitcoin reserves on major exchanges have plunged to their lowest level in three years, as CryptoQuant data confirms that only 2.5 million BTC remains on platforms. The news comes as Bitcoin demand hits new highs, while physical gold is also being scooped up at record rates.

The cryptocurrency market saw Layer-1 blockchain market capitalizations rise by 6% in January 2025, despite mixed performance across different segments of the industry, according to a report by J.P. Morgan (NYSE:JPM).

It's a "surreal quest to uncover a potential plot by a group of Silicon Valley power brokers to undermine democracy," said its executive producer.

Fold's Bitcoin Rewards Credit Card is the latest addition to the company's suite of Bitcoin-focused financial products.

The sun could be set to shine brighter in Japan's financial horizon, as regulators take another look at how Bitcoin will play a role in the country's financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs).

KULR Technology expands its Bitcoin holdings to $60 million, reaffirming its commitment to cryptocurrency as a primary treasury asset.

Tokyo game studio Gumi Inc. plans to invest 1 billion Japanese Yen in Bitcoin. Gumi expects to earn additional income from staking and validator incentives.

Twelve years after throwing away his hard drive that contained 8,000 Bitcoin, James Howells is looking to buy the dump he believes it's in.

Tesla surprises once again. Thanks to its investments in bitcoin, the electric vehicle manufacturer records a gain of 600 million dollars in the fourth quarter.

A Solo Bitcoin miner has successfully mined block 883,181, securing a reward of 3.125 Bitcoin, valued at over $300,000.

Massive outflows hint at institutional buying, raising questions about a potential market shift.

North Carolina is making a significant stride toward the integration of Bitcoin into its financial strategy. A recently introduced bill aims to enable the state treasurer to allocate a portion of public funds to digital assets, with a particular emphasis on BTC exchange-traded products (ETPs).

Mike McGlone, Bloomberg's senior commodity strategist, has taken to his social media account to share part of the recent Bloomberg Intelligence report regarding the current market stance of Bitcoin and gold.

As the $3.19 trillion crypto market, now down by 0.25%, is struggling to recover from the recent turmoil, the Bitcoin price is regaining momentum. Despite the prevailing bearish trend, market experts foresee a significant bullish reversal, with potential gains of up to 35%.

Cautious market sentiment and a broader pullback in crypto activity appear to be stalling bitcoin's price over the past 24 hours. Trading Volume Slump Keeps Bitcoin Below $97K Threshold Bitcoin (BTC) is currently trading at $96,985.60, showing a slight 0.48% decline over the past 24 hours and a 3.37% drop over the past week.

Michael Saylor is back with another update, and this time, it is about a fresh Bitcoin (BTC) gain for Strategy holders. Formerly known as MicroStrategy, the business intelligence firm turned Bitcoin-focused entity has once again expanded its holdings.

Bitcoin (BTC), the first and largest cryptocurrency by market capitalization, has entered an unusually quiet phase, with the least volatile six-day stretch since November 2023.

Ki Young Ju, a prominent analyst and founder of CryptoQuant, has shared an on-chain insight into the trading activities of Bitcoin (BTC). In a post on X, Young Ju jokingly expressed how Bitcoin whales feel despite their market action over the past few years.

FTX is set to start repaying its Bahamas-based creditors on February 18, 2025, marking a major development since its 2022 collapse. Ethereum holders will receive $2,500 per ETH, while Bitcoin claims are capped at $20,000, both based on November 2022 prices. https://twitter.

More high-net-worth investors are jumping into Bitcoin (BTC) and digital assets, according to an industry insider. In a new interview with CNBC, Michael Sonnenfeldt says digital currencies are “really exciting” for members of his organization. Michael Sonnenfeldt is the founder and chairman of Tiger 21, a peer advisory organization for high-net-worth entrepreneurs, investors and executives.