Bitcoin rewards company Fold began trading on the Nasdaq Wednesday under the ticker FLD, with shares rising after the start.
Blockstream CEO Adam Back believes Bitcoin (CRYPTO: BTC) is entering a fresh bull market, citing strong inflows from ETFs and institutional investors. What Happened: "We're certainly in the early stages of a bull market," Back told CNBC on Wednesday, emphasizing the growing demand for Bitcoin among financial institutions.
On Wednesday, Satya Nadella, chairman and CEO at Microsoft, unveiled a quantum computing breakthrough featuring the company's Majorana 1 chip. This achievement, notably his remark about a “clear path to a million-qubit processor,” has already sparked discussions about Bitcoin's alleged vulnerability. Microsoft's Majorana 1 Chip Ignites More Quantum vs.
Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's trimming his bitcoin position.
As Bitcoin hovers around 96,000 dollars, Ki Young Ju, CEO of CryptoQuant, asserts that a major correction should not jeopardize the bull run in 2025. This analysis comes amid a context of growing institutional adoption, particularly by U.S. states.
BlackRock's iShares Bitcoin Trust (IBIT) ETF has had an impressive start since 2024, drawing attention from institutional investors and securing significant growth. However, it faces several challenges that may hinder its long-term adoption and growth potential.
Bitcoin (BTC) continues to consolidate below $100,000, but technical indicators, alongside the asset's relationship with Tether (USDT), could signal a new record-high path towards the $150,000 mark.
Several factors are setting the stage for a "massive wave of maybe 10, 20 years of bullish" price action for Bitcoin, according to Mow.
Bitcoin's on-chain activity has been declining, with transaction counts, UTXO numbers, and fees all dropping significantly in the past three months. At first glance, this might seem like a negative signal, suggesting reduced demand or waning network usage.
Bitcoin investment platform River revealed in research that Bitcoin ownership had changed in 2024. The firm noted that the largest holders of BTC include Satoshi Nakamoto, companies like MicroStrategy, Tesla, and BlackRock, “Bitcoin Whales,” and governments.
A Chainalysis report reveals that cryptocurrency has become a critical tool for capital flight in Iran as geopolitical tensions and economic instability drive individuals and businesses to bypass stringent financial sanctions. Report Shows Economic Turmoil and Sanctions Push Iranians Toward Cryptocurrency Cryptocurrency outflows from Iran surged to $4.
Bitcoin's price has recently bounced from a key support level, located just below the 78.6% retracement, which has been a focal point in the last few days. The price formed a local low and attempted a move to the upside.
Bitcoin sways under a threatening sky, and nearly 300 million dollars vanish in the storm. Traders, like tightrope walkers, are scrutinizing the bar at 96,000 dollars.
Howard Lutnick, the former CEO of Cantor Fitzgerald and a vocal proponent of Bitcoin, has been confirmed as the United States Secretary of Commerce. With a tight 51-45 vote, the Senate confirmed his appointment, putting him in charge of a department that oversees critical economic areas such as trade, economic data, and industry regulation.
Deeply oversold Stoch RSI has preceded major ETH rallies against BTC - Is momentum shifting?
Bitcoin price weakness sets it firmly apart from rampant gold gains as a brutal range refuses to budge.
Institutional investment managers with at least $100 million in equity assets under management recently filed Q4 2024 13F reports.
Dogecoin struggles in a correction phase with declining price and network activity. Despite short-term bearish trends, DOGE maintains strong fundamentals with potential catalysts ahead.
Institutional investors bought $38.7 billion worth of the spot bitcoin exchange-traded funds in the fourth quarter, filings with the Securities and Exchange Commission revealed.
BTC-backed loans could be a great way for traditional finance institutions to engage with crypto at scale, says BlockFill's Ari Pine.
BTC continues to trade within a tight range as investors monitor the macroeconomic landscape and gauge conflicting market signals. Conflicting Market Pressures See BTC Stabilizing at $96.5K Bitcoin (BTC) is maintaining a cautious upward trajectory, trading at $96,540.34 at the time of reporting. This marks a modest 0.
MicroStrategy navigates like an insatiable giant. As bitcoin hovers around $96,000, the firm led by Michael Saylor has just unveiled a new bold move: a $2 billion convertible bond issuance aimed at boosting its bitcoin treasury.
Ales Michl, the governor of the Czech National Bank (CNB), has opined that Bitcoin should not be lumped together with other cryptocurrencies.
Digital assets investment firm Bitwise has donated $150,000 to Bitcoin open-source developers. In an announcement on X, the firm said three Bitcoin non-profits, Brink, Open Sats, and Human Rights Foundation (HRF), will be responsible for allocating the funds.
Bitcoin is somewhat recovering from a brief dip to $93,000, currently trading at $96,000, but the currency has been lagging Nasdaq.
Having USDT on Bitcoin and Lightning creates a potential threat to Bitcoin's security and is a stain on the soul of Bitcoin.
A new study sheds light on the common phenomenon of cryptocurrency tokens experiencing sharp price declines after achieving all-time highs. The research identifies key factors contributing to both the rise and subsequent fall of popular digital assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Bitcoin (BTC) price suffered a flash crash from $100,000 to a low of $91,300 on February 3. Bitcoin has consolidated in the range between $95,500 and $99,000 since the crash, and altcoins struggle to gain as BTC dominance hovers close to its four-year peak.
Crypto analyst Akademik, who called the Bitcoin price crash early has revealed his total predictions for the flagship crypto's trajectory in the short and mid-term. Based on these predictions, BTC is set to experience a further crash which could send its price to as low as $80,000.
The market remains under bears' pressure, according to CoinMarketCap.
Utah's Bitcoin strategic reserve bill, “H.B. 230” is now one step closer to getting approved.
While Aleš Michl does not advocate for Bitcoin as a primary reserve asset, he believes central banks should explore its potential benefits and risks. The post Central Banks Should Study Bitcoin, Not Avoid It, Says Czech National Bank Chief appeared first on Cryptonews.
Czech National Bank (CNB) Governor Aleš Michl has urged central bankers to study Bitcoin, emphasizing that it should not be grouped with other digital assets. In a Feb. 19 post on X, Michl stated that central banks should examine Bitcoin and its underlying technology rather than dismissing it alongside other digital assets.
TL;DR CryptoQuant CEO Ki Young Ju asserts that Bitcoin could fall to $77,000 without losing its bullish cycle, reinforcing confidence in its long-term stability. Historically, 30% corrections have been normal in previous Bitcoin bull markets and have served as a foundation for new upward moves.
The firm, which holds 1,000 BTC, went public on the Nasdaq Wednesday via a SPAC merger.
An ETF analyst projected that institutional ownership in BTC ETF could follow gold and surge to 40%.
The Bitcoin Layer 2 network's capacity currently stands at around $500 million after strong growth in 2024.
Michael Saylor, the executive chairman of Strategy, has published a regular daily post on the X social media platform to endorse Bitcoin and also attract attention to his company.
A republication of a series of posts by Shinobi from January 2020, predicting the course of Bitcoin through the 2020s.
Cryptoquant CEO Ki Young Ju remains confident that bitcoin will not enter a bear market in 2025, even if its price drops 30% from recent highs. He highlights historical cost-basis trends and institutional support as key factors sustaining bitcoin's bull cycle.
Bitcoin's price movement remained sideways today, showing little reaction as the crypto community commemorates the day BTC's market capitalization first crossed the $1 trillion mark in 2021.
Strategy is raising $2 billion through 0% senior convertible notes to acquire more Bitcoin, reinforcing its aggressive accumulation.
In his recent tweet, economist Henrik Zeberg mentioned the Bitcoin price decline, which occurred on Feb. 18 and constituted roughly 0.17%. Zeberg jokingly referred to it as the “Bitcoin crash,” apparently mocking the mainstream media and some panicky commentators who rushed to give the small decline such a dramatic name.
Ales Michl had previously proposed the Czech National Bank consider bitcoin as a reserve asset.
Strategy, the Michael Saylor-founded software intelligence firm formerly known as MicroStrategy, intends to raise another $2 billion through zero-interest convertible notes offering to acquire more Bitcoin. The move comes after the newly rebranded company paused its Bitcoin buying spree.
CryptoQuant CEO Ki Young Ju believes that BTCs price stagnation and even a drop to $77K will not signal a Bitcoin bear market.
And now, a piece of news for those who continue to claim that Bitcoin has no intrinsic value. According to a report by The Perryman Group, published by the Texas Blockchain Council and The Digital Chamber, the Bitcoin mining industry in the U.S. has created over 31,000 jobs and contributes more than $4.1 billion to the annual gross domestic product.