Tokyo-listed mobile game developer Gumi Inc. has announced plans to acquire Bitcoin worth 1 billion Japanese yen (approximately $6.58 million). The post Tokyo Game Studio Gumi Inc. Announces Plan to Purchase $6.58 Million in Bitcoin appeared first on Cryptonews.

Bitcoin has crossed back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war.

Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here's where this could lead the asset's price.

Bloomberg ETF analyst James Seyffart says the SEC will officially acknowledge XRP and Dogecoin ETF applications this week. The post SEC Likely to Acknowledge XRP and Dogecoin ETF Applications This Week: Analyst appeared first on Cryptonews.

The crypto market today has posted a minor recovery, with the market cap inching up by 2.08% to reach the landmark of $3.22 trillion. Despite this change, the volume of trades took a hit of 2.21%, settling at $96.3 billion.

The schism among Ethereum developers caused a crash at the beginning of this February. Could it be the beginning of the end?

After a long downtrend, the Solana price is on an uptrend. The analyst has recorded gains on the weekly and monthly timeframes. On the other hand, the DOGE price has failed to reclaim the $0.3 level due to high selling pressure. Meanwhile, there is a new AI-based project that has been gaining attention.

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

Eric Balchunas, Bloomberg's senior ETF analyst, and his team have estimated the approval odds of several altcoin ETFs.

Ethereum, the second-largest cryptocurrency by market cap, has seen a sharp 36% drop over the past seven weeks. This decline has sparked concern among investors and traders, as fewer ETH holders are now in profit.

Florida Senator Joe Gruters has introduced a bill that could pave the way for public funds to be invested in Bitcoin. Known as “SB 550: Investments of Public Funds in Bitcoin,” this proposed legislation would grant Florida's Chief Financial Officer (CFO) the authority to invest various public funds in Bitcoin and other digital currencies.

Santiment's social tracker shows top layer-1 blockchains are dominating 44% of the discussion on social media, while the top six memecoins are at 4%.

Strategy, formerly MicroStrategy, has acquired 7,633 BTC following its rebrand, increasing its total holdings to 478,740 BTC.

The pro-crypto stance of US President Donald Trump is reverberating across global markets, particularly in Japan, where one company's bold pivot to Bitcoin accumulation is generating extraordinary returns for its shareholders. Shares of Metaplanet Inc.

An Alabama resident on Monday confessed to hacking the SEC's X account and posting a fake Bitcoin (CRYPTO: BTC) exchange-traded fund approval message, causing millions of dollars in market losses. What Happened: Eric Council pleaded guilty to conspiracy to commit aggravated identity theft in a federal court in Washington, D.C.

Dogecoin started a recovery wave above the $0.250 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2655.

Dogecoin has always been the gold standard for meme coins, which means that a DOGE dump could trigger downward momentum across other meme coins as well. Now, with the crypto's price dropping below the $0.25 range, investors who previously focused on meme coins also seem keen on finding projects with a use case.

Bitcoin, long the absolute master, looks helpless as Ethereum steals the spotlight: 793 million injected against 407 million, a Trafalgar blow to the ETP market.

A significant amount of dormant Bitcoin has been moved after sitting untouched for 7 to 10 years, fueling speculation within the crypto community regarding the potential market impact. According to CryptoQuant analyst Dan, approximately 14,000 BTC, valued at over $1.3 billion, was transferred.

Amid the market corrections, Ethereum (ETH) has retested a key multi-year support level, suggesting that a bounce to $4,000 could be near. However, some market watchers noted that ETH has tapped an “interesting level” against Bitcoin, which could signal the time to celebrate is not here yet.

The company said it expects to earn secondary revenue from staking its surplus bitcoin into Babylon, a bitcoin staking protocol.

The cryptocurrency market is currently trying to bounce back after experiencing a minor dip. Bitcoin is currently trying to rise above the $99,000 levels and is up by more than one percent in the last 24 hours. Cardano has climbed by more than 9% in the last 24 hours and Dogecoin has also gained 4%.

Elon Musk's company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without even adding to its stash thanks to Bitcoin's rally past $109,000. The company still holds 11,509 BTC, as confirmed in Tesla's SEC filing released Monday.

Crypto Market (Feb 11): Traders and investors are once again optimistic as Bitcoin and altcoin prices gained a notable upward movement on Tuesday. BTC price jumped nearly 2% in the past 24 hours, whereas altcoins mainly mimicked an uptrend.

Legal expert Jeremy Hogan speculates on why the U.S. government might include XRP in a potential strategic reserve. Hogan argues that critics focus too much on XRP's decentralization, while the government may view it from an economic standpoint.

XRP price tested the $2.280 zone and recently corrected some losses. The price is now facing hurdles near the $2.50 and $2.60 levels.

Legal expert Jeremy Hogan presented a speculative argument about the potential role of XRP in the United States' digital asset reserve. The suggestion comes at a time when discussions around the government's potential involvement in cryptocurrency assets are gaining traction.

Endless runner game Goblintown: Really Hard Driving Game is coming to Steam and the Epic Games Store, but won't have crypto integrations.

Bitcoin exchange outflows hit a record 47,000 BTC, signaling potential accumulation ahead of Powell's testimony and inflation data.

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.'s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust.

The bill limits investments to Bitcoin exchange-traded products only but includes various state funds such as pensions and insurance.

Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset.

Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase's CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum.

Ethereum price is attempting to recover from the $2,500 zone. ETH might gain bullish momentum if it clears the $2,740 resistance zone.

Bitcoin shows signs of recovery as analysts highlight dormant coin movement and the current state of the MVRV ratio.

Bitcoin price is consolidating above the $96,200 support zone. BTC is showing a few positive signs and might attempt to rally above $99,000.

Former President Donald Trump tasked Elon Musk with auditing the Pentagon.

The cryptocurrency market experienced a significant uptick in investor interest last week, as inflows soared to $1.3 billion. This marks the fifth consecutive week of positive inflows, signaling continued confidence in the digital asset space, despite recent price fluctuations.

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is poised for massive upside momentum as an expert hints at a buy signal for the altcoin. On February 11, 2025, a prominent crypto expert made a post on X (previously Twitter), stating that ETH appears bullish.

Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP's deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S.

On-chain data shows Bitcoin just got harder to mine as the network Difficulty has witnessed an increase during the latest adjustment. Bitcoin Difficulty Has Just Set A New All-Time High According to data from CoinWarz, the Bitcoin Difficulty has gone up in the most recent adjustment.

NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.

Bitcoin pioneer Hal Finneys 2011 prediction of a $1 million BTC is gaining attention as Bitcoin recently surpassed $100,000. Finney, the first person to receive Bitcoin from Satoshi Nakamoto, foresaw BTCs potential as a global currency, estimating it could be worth millions of dollars each if it became dominant.

Peter Schiff is once again challenging Bitcoin (BTC) enthusiasts, pointing out a key inconsistency in its market cap relative to golds. In 2021, when BTC hit its all-time high of $69,000, its market cap was 10.72% of golds.

Ethereums daily transaction fees have dropped to their lowest level since September 2024, with the network recording just $731,472 in fees on February 8, 2025, according to Token Terminal. This marks a sharp decline from previous months and mirrors the AugustSeptember 2024 period when fees consistently remained below $1 million, a trend last seen in November 2020.

Proton, a privacy-focused company known for its encrypted services like Proton Mail and Proton VPN, has officially launched its self-custodial Bitcoin wallet across iOS, Android, and web platforms. This release follows a successful early access phase with over 100,000 testers.

U.S. endowment funds are increasingly investing in cryptocurrency as Bitcoins value soars. Emory University disclosed millions in Grayscales Bitcoin ETF holdings in October, while the University of Austin plans a $5 million Bitcoin fund to grow its $200 million endowment.

Coinbase (NASDAQ:COIN) CEO Brian Armstrong has weighed in on Bitcoins (BTC) rapid adoption, responding to a post by Mario Nawfal on X. Nawfal cited BlackRock (NYSE:BLK), stating crypto adoption is 43% faster than mobile phones and 20% faster than the internet, with over 300 million users in just 12 years.