Vitalik Buterin, a co-founder and frontman of the second biggest blockchain platform Ethereum, has taken to his account on the X social media platform to share his negative take on the current state of products powered by artificial intelligence and OpenAI's ChatGPT in particular.
Bitcoin (CRYPTO: BTC) adoption is on track to reach several billion users by the end of the decade, according to Coinbase (NASDAQ:COIN) CEO Brian Armstrong. In a statement on X on Monday, Armstrong pointed to the rapid pace of Bitcoin growth, comparing it to the early adoption rates of mobile phones and the internet.
ETH, DOGE Price Analysis: How Trump Tariffs May Impact Cryptos Such as Ether, Dogecoin
Microstrategy, now Strategy, is doubling down on bitcoin, amassing 478,740 BTC after a bold 7,633 BTC purchase using $742.4 million from stock sales and a preferred stock offering. Microstrategy Now Owns Nearly 500K BTC—Here's How They're Paying for It Software intelligence firm Microstrategy Inc.
Strategy (NASDAQ: MSTR), the world's first and largest Bitcoin (BTC) treasury company, announced the acquisition of about 7,633 Bitcoins between February 3 and 9th. The large-cap company, valued at over $84 billion, used the proceeds from the 516,413 million stock sale under the sales agreement for an aggregate value of $179 million.
The company now holds almost 479,000 BTC.
Saylor's aggressive Bitcoin acquisition strategy could significantly influence market dynamics and corporate treasury management trends. The post Michael Saylor's Strategy acquires 7,633 Bitcoin after one-week break, holdings now worth $46B appeared first on Crypto Briefing.
Ethereum (ETH) has been under significant pressure in recent months, with its price continuing to decline. However, a recent surge in short positions against the asset from hedge funds has raised the possibility of a short squeeze.
Strategy just dropped $742.4 million on 7,633 Bitcoins after pausing for only a week. The company, which rebranded from MicroStrategy, paid about $97,255 per Bitcoin.
Proton has officially launched its self-custodial Bitcoin wallet, offering enhanced privacy, open-source security, and email-based BTC transfers.
Japan is gearing up for a big shift in its crypto regulations. This came after, Japan FSA requested, the removal of several crypto exchanges like Bybit, KuCoin, and Bitget from Apple stores, signaling tighter crypto regulations.
Business intelligence firm Strategy (formerly known as MicroStrategy) purchased an additional 7,633 Bitcoins (BTC) last week for roughly $742 million, according to a Monday announcement.
Short interest in Ethereum has skyrocketed by 500% since Nov. 2024, raising questions about whether a looming short squeeze could close the widening performance gap with Bitcoin, despite regulatory support.
Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million
Bitcoin remained flat on Monday following a sharp weekend decline driven by renewed trade tensions and investor caution ahead of key U.S. inflation data. The worlds largest cryptocurrency edged up 0.1% to $97,114.6 by 01:54 ET (06:54 GMT) after losing over 4% last week.
Bitcoins (BTC) momentum indicator, the MACD histogram, has flipped negative, sparking concerns among traders. The MACD, a widely used technical analysis tool, measures trend strength by subtracting the 26-week moving average from the 12-week average.
Bitcoin (BTC) recently plunged to nearly $91,000 amid heightened trade war concerns, triggering significant market reactions. On the same day, centralized exchanges recorded a net inflow of $2.72 billion in tether (USDT), the largest stablecoin by market value, according to blockchain analytics firm IntoTheBlock.
Bitcoins correlation with the Nasdaq QQQ ETF suggests a deeper correction may be imminent. Analyst Benjamin Cowen highlights similarities between Bitcoins post-ETF launch movement and QQQs trajectory in 1999.
Bitcoin (BTC) is showing signs of recovery, trading around $96,934 after a brief pullback. Market sentiment remains cautiously optimistic as BTC consolidates near crucial support levels.
Bitcoin (BTC) has yet to break away from gold despite its increasing institutional adoption, according to veteran trader Peter Brandt. The leading cryptocurrency, often touted as digital gold, has not significantly outperformed the precious metal, a development Brandt called very surprising.
The bitcoin acquisitions follow Strategy's latest sale of shares during the same period, equivalent to the same value.
MicroStrategy rebrands to Strategy, embracing its Bitcoin-focused future and solidifying its position as a top Bitcoin holder.
Ether and other altcoins saw a massive week of ETP inflow, while Bitcoin inflows continued to decline, according to data from CoinShares.
Closely followed crypto analyst Benjamin Cowen says that a shift in monetary policy will most likely be what finally triggers an “altseason,” or a period where altcoins vastly outperform Bitcoin (BTC).
This first-of-its-kind Bitcoin investment fund is set to follow a minimum five-year holding strategy. It signals the university's confidence in Bitcoin's long-term potential.
Japan's FSA (Financial Services Agency) is considering lifting the ban on Bitcoin ETFs (exchange-traded funds) and reducing the tax burden on crypto investors.
Centralized crypto exchanges saw a record-breaking amount of Tether (USDT), the leading stablecoin pegged to the US dollar last week.
The movement to establish Bitcoin as a strategic reserve continues to gain momentum across the US. With the recent additions of Maryland and Iowa, the number of states exploring this strategy has already reached 17.
Brian Armstrong, co-founder and CEO of Coinbase, revealed that Bitcoin adoption has the potential to reach several billion people by 2030 at its current rates. Armstrong believes that cryptocurrency adoption will grow much faster than the adoption of the Internet and mobile phones.
Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether ETFs experienced a substantial net inflow of $420.06 million.
A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline.
The crypto market's squeeze continues, with assets recording double-digit exits. Bitcoin (BTC) and Ethereum's (ETH) outflows have shaped other assets, heightening sell pressures in the second week.
The change in the political climate in the United States has transformed the way companies, even non-US companies, see the Bitcoin market. In late 2014, MicroStrategy openly called on companies to adopt its bitcoin investment policy.
Hash Ribbon signals miner capitulation, which tends to mark a local bottom in the bitcoin price.
James Howells, a computer engineer from Newport, is considering purchasing an entire landfill in the latest attempt to recover a hard drive containing 8,000 Bitcoin (BTC).
If accepted, Montana House Bill 429 would authorize the state to invest up to $50 million. It wants to invest in digital assets with a market cap of over $750 billion including Bitcoin, by July 15, 2025.
Crypto investment products saw inflows totaling for the fifth consecutive week, with recent price declines saw total assets under management in ETPs fall to $163 billion, CoinShares reveals. Digital asset investment products recorded inflows of $1.
Brazil's B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin options and futures contracts for Ethereum and Solana. The post Brazil's B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL appeared first on Cryptonews.
The cryptocurrency market is showing signs of stability, with the total market capitalization holding steady at $3.10 trillion. This stability, while modest, signals potential for bullish momentum in the near future.
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TL;DR Tether CEO highlights the long-term risks quantum computing could pose to Bitcoin's security, emphasizing that future advancements could enable the recovery of Bitcoin from lost or inactive wallets. The potential revival of Satoshi's dormant coins raises concerns about market stability, with analysts warning that reintroducing these coins could disrupt Bitcoin's supply dynamics.
US president Donald Trump is still waging his tariff war with the rest of the world. A recent promise to levy a 25% tax on all steel and aluminium coming into the US may continue to have a dampening effect on the US stock market.
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
Bitcoin remains in a corrective Wave 4 structure, with a potential breakout into Wave 5 forming. Key support at $94,780 must hold for a bullish continuation, targeting $111,715 and beyond.
According to the recent posts published by the blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted three massive Bitcoin movements.
A Coinbase executive has claimed Satoshi Nakamoto's identity may be known by the rival crypto exchange Kraken
Bitcoin's Leverage Ratio has declined as institutional demand and long-term accumulation surges.
The B3 Stock Exchange announced that it will expand its cryptocurrency offering this year, opening options for users to invest in solana and ether.