A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).
Bitcoin (BTC) saw a notable bounce of 4% after reacting to the recent Federal Open Market Committee (FOMC) meeting. Initially dropping to $101,365 in response to the Fed's decision to keep interest rates unchanged, BTC quickly recovered to $104,797.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
Experts warn that a bitcoin-only reserve poses concentration risks and exposes the U.S. to potential volatility. Two experts urge the U.S. administration to diversify its crypto stockpile to build a resilient digital reserve and reduce systemic risks. Ripple vs. Bitcoin Maximalists The establishment of a bitcoin-only reserve poses concentration risks and exposes the U.S.
Bitcoin trades above $100,000, but investors' “unit bias” and the rise of spot BTC ETFs have drastically decreased retail investors' presence in the market.
Dogecoin (DOGE), the popular and largest meme coin in the cryptocurrency space, appears to be shifting towards a bullish trend after several days in a downtrend. As of January 30, 2025, along with other major assets, DOGE seems to be recovering, forming a bullish price action.
Tesla's latest financial report for Q4 2024 reveals a significant $600 million gain from its Bitcoin holdings, which have now exceeded $1 billion in value, thanks to a new accounting rule. The change in the Financial Accounting Standards Board (FASB) guidelines allows companies to report their crypto holdings at market value, offering a clearer picture of their financial standing.
Canadian Bitcoin developer Peter Todd, who gained mainstream prominence last year after being identified as Satoshi Nakamoto in a controversial HBO documentary, has opined that Bitcoin "did not win" in El Salvador after the country's major U-turn.
Bitcoin (BTC) has seen an impressive 8% surge since Monday, solidifying $100K as a strong support level. After weeks of volatility and uncertainty, BTC has now reclaimed key levels and is pushing toward an all-time high (ATH) retest.
The price of Bitcoin (BTC) is on a two-day winning streak following the Federal Reserve's decision to keep rates unchanged as the market expected.
The Bitcoin exchange balance has jumped to its lowest level since July 2024 as the broader market takes a major shift. According to insight from Glassnode, this exchange BTC supply has now dropped below the 3,000,000 support zone.
Billionaire Mark Cuban has slammed the newly launched TRUMP coin, labeling it a symbol of “crypto chaos” while offering praise for established meme coins like SHIB and DOGE.
Crypto asset management giant Bitwise is hoping to launch a spot exchange-traded fund (ETF) for Dogecoin (DOGE). Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the top memecoin ETF.
Crypto asset management firm Grayscale is launching a new Bitcoin (BTC) mining exchange-traded fund (ETF).
On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the deposit facility rate to 2.75%, the main refinancing operations rate to 2.90%, and the marginal lending rate to 3.15%.
The two prominent tokens have captured significant attention: Ripple (XRP) and Dogecoin (DOGE). Regional investor groups gravitate towards the distinct digital currency protocols that XRP and DOGE present to the market.
Bitcoin's price surge helped Tesla mask deeper struggles, adding $600M to its earnings. But behind the numbers, falling demand, price cuts, and squeezed margins tell a different story.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
Bitcoin (CRYPTO: BTC) stands at a crossroads, with the cryptocurrency community wondering whether a potential ‘top' may be approaching or if the apex crypto is gearing up for another rally. What Happened: In a detailed thread on X on Thursday, crypto chart analyst Ali Martinez highlighted growing selling pressure from miners and long-term holders, noting that over $3 billion in realized profits were recorded in December 2024, while 20,000 BTC (worth $2 billion) was sold by miners in mid-January.
The on-chain analytics firm Glassnode has revealed how a popular myth surrounding the decline of the Bitcoin exchange supply isn't real.
DTX Exchange could become the next explosive gem of the year. This viral altcoin is poised to deliver value and incredible returns similar to DOGE's rally in 2021.
A crypto strategist is warning that Bitcoin must hold one key level as support or BTC could experience a severe correction. Trader Ali Martinez tells his 121,300 followers on the social media platform X that if Bitcoin fails to hold $91,700 as support, BTC could decline 30% from its current value.
ECB president Christine Lagarde said the bank would not consider holding Bitcoin reserves as sovereign entities rushed toward the asset.
Avalanche (AVAX) and Cardano (ADA) are under bear pressure as market volumes decline. It's a great time to buy into these with DTX Exchange's final token at $0.16.
BlockDAG's TG Tap Miner integrates with OKX, enhancing BDAG rewards for players. Meanwhile, Cardano holds key support levels, and Avalanche eyes a potential breakout.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Cardano (ADA) has recently completed a significant milestone in its journey, the Plomin Hard Fork, which has made the network fully decentralized. This development is crucial because it shifts Cardano into a true decentralized governance model, allowing ADA token holders to vote on key decisions such as network upgrades and treasury spending.
Dogecoin (DOGE) is expected to skyrocketed almost 10% in the near future, claims crypto analyst Ali Martinez.
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday's inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue.
Litecoin (LTC) is seeing a surge in bullish momentum, with its price climbing 10% in the past 24 hours. The recent rally came as the US Securities and Exchange Commission (SEC) reviewed the application for the Canary Spot Litecoin exchange-traded fund (ETF).
The European institutions resist the growing adoption of cryptocurrencies
Norway's sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase.
The Czech National Bank is exploring a 5% Bitcoin allocation in its reserves, signaling growing acceptance of cryptocurrencies in national financial strategies.
Litecoin price is up today after the SEC acknowledged Canary Capital's spot LTC ETF application within two weeks of its initial filing on Jan. 16.
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down.
Dogecoin has faced a sharp decline over the past 10 days, erasing a significant portion of investors' profits. The meme coin lost nearly $8 billion in market cap, impacting market sentiment and rising skepticism.
After a sharp downturn earlier in the week, triggered by the emergence of China's artificial intelligence (AI) model, DeepSeek, Litecoin (LTC) has rebounded strongly, surging nearly 17% in the last few hours to trade at $130 at the press time.
El Salvador's Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.
The Czech National Bank is exploring a potential expansion of its investment portfolio, as global institutions, such as the Norwegian sovereign wealth fund, show increasing exposure to assets like Bitcoin (CRYPTO: BTC). What Happened: The CNB's Bank Board, during its Thursday meeting, approved an analysis into broadening its international reserves.
Grayscale introduced its Bitcoin Miners ETF on NYSE Arca, offering exposure to key Bitcoin mining firms like Marathon and Riot. Tracking the Indxx Bitcoin Miners Index, the fund focuses on companies shaping the sector, from hardware to mining operations, as the industry adapts to evolving market conditions. The post Grayscale Launches Bitcoin Mining ETF on NYSE Arca appeared first on Cryptonews.
DeepSeek may have “nothing to do” with crypto, but its sudden entrance on the scene affected crypto prices.
Elon Musk's electric car manufacturer, Tesla, reported a $600 million net paper gain on its Bitcoin holdings in the fourth quarter of 2024 after taking advantage of a new accounting rule that allows companies to value digital assets at current market prices each quarter.
ECB President Lagarde said she's "confident" bitcoin will not be a part of the assets of any EU central bank.
The U.S. Securities and Exchange Commission has acknowledged Canary Capital's Litecoin ETF proposal, saying it would be soliciting comments and asked for those to be submitted 21 days after publication in the Federal Register.
After the week-long corrective pullback that cut across crypto majors, assets like Litecoin and Bitcoin are on a rebound. In both cases, the bulls are striving to break crucial resistance in their quest to retest and surpass recent highs.
Bitcoin has caught yet another market correlation. According to JPMorgan analysts, BTC is most closely correlated with small-cap tech stocks.
The Government evaluates new asset class for diversification
Trump's recent executive order may signal the end of Bitcoin's historically rigid four-year market cycle. With regulatory clarity, institutional adoption, and government-backed initiatives, could this policy shift usher in a new era of sustained growth—eliminating the dreaded crypto winter?