Bitcoin continues to gain momentum in the financial sector, with over 1,500 institutions now holding Bitcoin in their portfolios, according to recent data. This growing interest from large financial entities highlights the cryptocurrency's increasing legitimacy as an asset, though the extent of its adoption remains in its early stages.

Blockchain analytics platform Nansen announced the launch of its Bitcoin (BTC) on-chain analytics to bring real-time, detailed insights into the flagship cryptocurrency, enabling users to track key on-chain metrics in the platform. Related Reading: Ethereum To Move Sideways For 2-3 Months?

Bitcoin edges higher to $97,973 to $98,323 over the last hour, as traders assess macroeconomic and inflation signals alongside key technical levels. BTC Bitcoin's daily chart shows price action stabilizing between $96,000 and $98,000, following a 10.3% retreat from its January 20, 2025, all-time high.

Franklin Templeton has launched its latest crypto exchange-traded product, the Franklin Crypto Index ETF. This marks the asset manager's third major crypto exchange-traded fund.

Investors turned to Altcoins, which has the potential for positive returns. They began tracking the rise of coins like Dogecoin (DOGE) to identify the best-performing options. Rexas Finance (RXS) and Ondo, each priced below $5, along with Cardano (ADA), also showed growth.

The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.

The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.

Despite a 6% dip over the past month, Bitcoin (CRYPTO: BTC) remains in a macro bull market, significantly outperforming other assets since early 2023. What Happened: Crypto chart analyst Ali Martinez highlighted a notable pattern coinciding with the SEC launching a cyber and emerging technologies unit to combat crypto fraud.

XRP has been steadily recovering from recent price setbacks, showing strong bullish potential. The altcoin has been moving in an upward trajectory, backed by large wallet holders known as whales.

The same analyst who predicted the XRP price crash below $2.50 is now eyeing a surge as the altcoin navigates heightened volatility. The post Pundit Who Predicted XRP's Crash Now Says It's Ready to Soar – How High Can XRP Go? appeared first on Cryptonews.

Strategy, previously known as MicroStrategy, is pushing ahead with its aggressive Bitcoin accumulation strategy. According to a Feb. 20 statement, the company plans to acquire an additional $2 billion worth of Bitcoin using proceeds from its latest convertible notes offering.

Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.

Bitcoin (BTC) is up 1.7% in the past 24 hours and currently sits at $97,742 as the token continues to struggle to clear the psychological $100,000 resistance.

In the past few hours, Bitcoin has seen a notable rebound from its recent slump, triggered by FTX's repayment of $1.2 billion to its creditors, which added substantial liquidity to the market. Despite this recovery, various on-chain indicators currently indicate that Bitcoin may not surpass the critical $100K mark in the coming days.

Amid market uncertainty, Ripple rival Stellar (XLM) has reached a critical make-or-break level, leaving investors and traders uncertain. The past few days have been unfavorable for the XLM token, with a 38% price drop. However, recent gains over the past two days appear to be shifting market sentiment.

Bitcoin continues to trade within a tight range, holding above the $94K level while struggling to break past the $100K mark. The long-term outlook remains bullish as BTC maintains key demand levels, but short-term price action remains uncertain.

With 200 million potential investors, will Brazil's XRP ETF reshape crypto adoption?

Acre, a spin-out from Thesis, enables users to "compound" their bitcoin holdings through various methods, including staking rewards.

BBRL is slated for launch by the end of Q1 2025.

MicroStrategy, the business intelligence firm known for its large Bitcoin holdings, is planning a significant move to increase its cryptocurrency investment. The company intends to raise $2 billion in capital to fund the purchase of more Bitcoin, aiming to bring its total holdings to 500,000 BTC.

LIBRA's collapse triggered fraud claims, insider trading accusations, and calls for Argentine President Javier Milei's impeachment.

Microstrategy, now rebranded as Strategy, is raising $2 billion to fuel its next major bitcoin acquisition, doubling down on its position as the largest corporate holder of BTC.

Cryptocurrencies traded in green on Thursday as Bitcoin reclaimed the key $97K mark. The global crypto market cap increased by 2% in the past 24 hours to $3.23 trillion, reflecting renewed optimism. Meanwhile, PI, TRON, and Solana topped today's charts for different reasons.

Microsoft has introduced its Majorana 1 quantum chip amid continued discussion on Bitcoin Improvement Proposal 360 (BIP-360), which outlines measures to protect against quantum threats.

Strategy continues to acquire Bitcoin as part of its 21/21 plan to raise $21 billion in debt and $21 billion in equity to finance BTC buys.

TL;DR MicroStrategy, now renamed Saylor's Strategy, has raised $2 billion through the issuance of zero-coupon convertible bonds, maturing in 2030, with a 35% conversion premium over the weighted average stock price. The company currently holds 478,740 Bitcoin, equivalent to more than 2.

BTC price remains in a tight range this week, continuing a trend that started in November last year. It is stuck inside the support at $90,000 and the resistance at $108,000.

Czech National Bank Governor Aleš Michl on Wednesday emphasized the importance of understanding Bitcoin (CRYPTO: BTC), stating that central bankers should study it to strengthen their expertise in evolving financial markets. What Happened: He proposed a Bitcoin test portfolio as part of a broader effort to explore new reserve management strategies.

Bitcoin's (BTC) market momentum declines as capital inflows weaken across digital assets. Ethereum, Solana, and Memecoins see significant corrections, reflecting shifting investor sentiment.

A British man was jailed for nearly five months after failing to disclose his Bitcoin holdings during a legal dispute with another cryptocurrency trader.

The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP's evolution over the past four years.

XRP has defied market trends, posting a 297% gain against Bitcoin since November. Whale accumulation continues, reinforcing bullish sentiment.

Ripple and Brazilian financial heavyweight Braza Group have announced the launch of a new stablecoin on the XRP Ledger (XRPL). The stablecoin, called BBRL, is pegged to the Brazilian Real and is designed to offer secure, cost-effective solutions for both individuals and businesses.

Solana (SOL) has posted mild gains of 0.4% in the past 24 hours as the token is struggling to stay above a key support area that traders believe could be relevant for its future performance.In the past 7 days, the native asset of the second-largest smart contracts platforms has shed 9.

Solana (SOL), popularly known as the "Ethereum killer," has recorded significant dominance over Ethereum (ETH) and Tron (TRX) in a key metric. In the last 24 hours, Solana has raked in $2.06 million in transaction fees.

Sol Strategies has purchased 12,456 SOL tokens for $2.66 million, increasing its total holdings to 226,798 SOL, while partnering with Tetra Trust to enhance institutional access to Solana staking. The post Sol Strategies Buys $2.66M in SOL, Partners with Tetra Trust for Staking appeared first on Cryptonews.

BTC broke through the $97,500 barrier earlier today amid sustained interest from institutional investors such as Strategy and Metaplanet, despite lower trading volume. Institutional Interest Remains High as Bitcoin Climbs to $97.5K Bitcoin (BTC) continues its cautious upward climb, reaching $97,414.42 at the time of reporting. This marks a 1.

SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity.

JPMorgan analysts have raised concerns over declining institutional demand for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) futures, suggesting this trend could contribute to broader weakness in the cryptocurrency market. What Happened: The analysts observed that futures contracts for both cryptocurrencies on the Chicago Mercantile Exchange are approaching a condition known as backwardation, where futures prices drop below spot prices, according to The Block.

Muneeb Ali, co-founder of Stacks, predicts that over two-thirds of Bitcoin layer-2 projects will fail within three years due to fading excitement and challenging market conditions.

Solana (SOL) has seen a growing sense of caution among its long-term holders, as indicated by its Net Unrealized Profit/Loss (NUPL) metric. The NUPL tracks the profitability of coins held by long-term investors and has recently fluctuated between 0.4 and 0.6.

The Sonic price has jumped by 10% today, with its rise coming as the market becomes increasingly bullish about the rebranded token. The post Sonic Price Explodes 66% in Two Weeks – Is This the Next Solana? appeared first on Cryptonews.

Such a move would push DOGE to well above $0.3.

With fresh inflows entering the market, will BTC regain momentum or fall into another liquidity trap?

The Bitcoin market rallied a bit in the early hours of Thursday, as the market continues to look for another reason to go higher.

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A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins.

Michael Saylor, CEO of Strategy (MicroStrategy renamed), revealed the details of a $2 billion loan by the company, which is most of all to buy more Bitcoin (BTC).