Bitcoin (BTC) has recently witnessed significant whale activity, with long-term holders cashing out nearly $800 million in profits. This development has led to increased speculation regarding the potential for a price correction.

Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a fresh increase in the near term.

Robinhood's Q4 2024 revenue surged 115% YoY to $1.01 billion, with net income soaring to $916 million.

Crypto analyst CryptoCon has reaffirmed that a Bitcoin price rally to the $166,000 target is still in play. The analyst further revealed what needs to happen for the flagship crypto to reach this ambitious price target.

Lawmakers in 20 U.S. states are pushing bitcoin reserve bills that could inject $23 billion (247K BTC) into the market, according to Vaneck's head of digital assets research, who calls the estimate conservative. 20 State Bitcoin Bills Could Unleash a $23 Billion Buying Wave—247K BTC at Stake Lawmakers across 20 U.S.

Commenting on an X post about the high speed of crypto adoption, Coinbase CEO Brian Armstrong said that several billion people will be using Bitcoin by 2030.

The Wyoming Highway Patrol Association has adopted the Proof of Workforce's “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.

Institutional demand for Bitcoin surges as the Coinbase Premium Index flips positive while selling pressure reduces.

Bitcoin pioneer Adam Backs bold prediction of BTC reaching $10 million per coin has resurfaced, fueling speculation about its long-term potential. Bitcoin historian Pete Rizzo recently highlighted Backs past forecast, which projected a $200 trillion market cap by 2032, aligning with the next two Bitcoin halvings.

A recent discussion in the cryptocurrency space put Samson Mow, a well-known Bitcoin advocate and CEO of JAN3, in the spotlight. Mow, a firm believer in Bitcoins potential to reach $1,000,000, was asked about JAN3s revenue model despite its focus on hyperbitcoinization.

Bitcoin experienced a sharp drop following the release of higher-than-expected U.S. Consumer Price Index (CPI) data for January. The CPI annual rate came in at 3.3%, exceeding analysts expectations of 3.1% and marking an increase from Decembers 3.2%.

Institutional adoption of Bitcoin (BTC) could surge as 20 U.S. states advance legislation to establish Bitcoin reserves. If enacted, these proposals could lead to the purchase of approximately 247,000 BTC, valued at around $23 billion.

The first inflation report of 2025 came in hotter than expected, with the Consumer Price Index (CPI) rising 3% year-over-year in January, surpassing analyst projections. Markets reacted swiftlySP 500, Nasdaq-100, and Dow futures dropped over 1%, while Bitcoin (BTC) tumbled 2.4% within 15 minutes.

The cryptocurrency market has been unusually quiet, leading to rare patterns forming on price charts. One such anomaly has emerged in the XRP vs.

Bitcoins price volatility continues to create uncertainty as institutional investors adopt contrasting strategies. On-chain data from Arkham reveals that major financial firms managing spot Bitcoin ETFs, including Fidelity, Grayscale, and Invesco, have recently sold portions of their BTC holdings.

San Diego-based energy storage firm KULR (NYSE: KULR) continues to expand its Bitcoin holdings, reaffirming its commitment to BTC as a treasury asset. The company, which serves aerospace and defense clients, has now accumulated 610.3 BTCworth over $59 millionfollowing its latest $10 million purchase.

In late November, retail investor demand for Bitcoin surged significantly, reaching a peak on Nov. 27 that seemed to cap off a period of heightened enthusiasm among small Bitcoin holders. During that time, many new and existing participants aggressively entered the market, chasing the price momentum that had begun to build earlier in the quarter.

Will the SEC halt its Ripple appeal? The closed-door meeting may impact XRP's legal battle, ETF prospects, and crypto market sentiment.

With $98.53B in weekly transactions and a $1.17B net outflow, whales are accumulating, fueling DeFi and OTC trading.

Goldman Sachs has ramped up its spot Bitcoin exchange-traded fund (ETF) holdings to over $1.5 billion, underscoring its deepening commitment to cryptocurrencies in the final quarter of 2024.

Robinhood reported a staggering 400% surge in crypto trading volume in the fourth quarter, reaching $70 billion, as retail investors flocked back to digital assets amid Bitcoin's (BTC) rally past $100,000 and renewed enthusiasm for the broader crypto market. The brokerage's total transaction-based revenue more than doubled year-over-year, climbing 200% to $672 million.

President Donald Trump has chosen ex-Bitfury CLO Jonathan Gould to lead the Office of the Comptroller of the Currency, per reports.

The Wyoming Highway Patrol Association (WHPA) and Proof of Workforce have partnered up for a landmark Bitcoin initiative. The initiative aligns with the “Get Off Zero” campaign which encourages organizations to start investing in Bitcoin.

Bitcoin (BTC) is currently stuck in a tight range, hovering between $90,000 and $110,000. Despite multiple attempts to break higher, it finds itself repeatedly pulled back.

In his testimony on Tuesday, Federal Reserve Chair Jerome Powell dampened hopes for another round of quantitative easing (QE), reiterating that “QE is a tool we only use when rates are already at zero” and that the Fed remains “a long ways away from ending QT.” This stance challenges the notion that a quick pivot to aggressive easing might buoy Bitcoin and the entire crypto market as it did in past cycles.

Energy management firm KULR Technology Group has added more Bitcoin to its balance sheet, and now holds about $60 million worth.

Bitcoin (BTC) has displayed several promising signs, indicating the potential for a short-term price rally. Following a period of uncertainty, key market indicators have shifted in favor of bullish sentiment, leading many to speculate that the cryptocurrency might soon see a significant price surge.

Shiba Inu has been stuck in a persistent downtrend, with recovery attempts consistently failing. The meme coin has struggled to break through key resistance levels, and investor sentiment remains lackluster due to ongoing losses.

Matthew Sigel, Head of Digital Asset Research at VanEck, has estimated that Bitcoin strategic reserve bills proposed in multiple U.S. states could lead to the purchase of approximately 247,000 BTC. If enacted, these bills could generate $23 billion in buying pressure, adding a new dimension to state-level financial strategies.

Plume Network and Mercado Bitcoin announce a $40M tokenization initiative, bringing asset-backed securities, corporate debt, and consumer credit onto the blockchain. This collaboration aims to expand financial accessibility in Brazil and connect global investors with new yield opportunities. The post Digital Asset Platform Mercado Bitcoin and Plume Network Tokenize $40M in Brazilian Assets appeared first on Cryptonews.

At least 16 states have introduced legislation for Bitcoin and digital asset reserves, following in President Trump's footsteps at the national level.

Currently, 20 US states have active proposals to create their own Bitcoin Reserve, several of which are advancing. These bills contain legal obligations to purchase $23 billion in Bitcoin, which would fuel huge demand.

The United States has released Alexander Vinnik, the Russian co-founder of the Bitcoin (CRYPTO: BTC)-e cryptocurrency exchange, as part of a negotiated agreement with Moscow. What Happened: His release follows that of Marc Fogel, an American detained in Russia since 2021, The Wall Street Journal reported.

ARK Invest's Cathie Wood says that the chances of Bitcoin (BTC) eventually hitting $1.5 million are improving for one key reason. In a new update to investors, Wood says that it's looking more likely that Bitcoin will increase by 1,455% its current value due to increasing adoption by financial institutions.

A new analysis by VanEck suggests that 20 state-level Bitcoin reserve bills, if enacted, could lead to $23 billion in Bitcoin purchases, equivalent to 247,000 BTC.

U.S. inflation unexpectedly marched higher in January, sending crypto and traditional markets sharply lower. Fed Chair Jerome Powell is expected to speak before U.S. House representatives after telling Senate lawmakers the economy is in a good place and he is committed to addressing the "debanking" of crypto businesses.

Overseas bitcoin buyers are taking the lead over U.S. traders, according to Bitcoin's Coinbase premium indicator. CoinDesk's Christine Lee explains why Asia is more bullish on crypto than America on "Chart of the Day.

The Bitcoin miner ended its fiscal third quarter with $270.7 million in cash and crypto holdings, according to CFO Darcy Daubaras.

Bitcoin-based DeFi protocol Avalon Labs has announced its plan to launch a Bitcoin-backed debt-focused public fund compliant with the US Securities and Exchange Commission (SEC) regulations. In an announcement on X, the firm said this is part of its plan to expand its products in the US.

Asset manager VanEck analyzed 20 state-level Bitcoin reserve bills, and estimates these bills could lead to 242,700 BTC in buying.

Bitcoiners shouldn't sit around and wait for fiat banks and financial companies to offer services built on Bitcoin, we should do it ourselves.

The cryptocurrency market has suffered a dramatic downturn, losing a staggering $54 billion in just 24 hours. This sharp decline has dropped the total market capitalization to $3.07 trillion, slipping below the important $3.1 trillion threshold.

Crypto markets are stabilizing and trending upward after an initial drop following the higher-than-expected COnsumer Price Inflation report. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,166.74 +2.2% Ethereum (CRYPTO: ETH) $2,679.72 +3.4% Solana (CRYPTO: SOL) $193.42 -1% XRP (CRYPTO: XRP) $2.44 +2.7% Dogecoin (CRYPTO: DOGE) $0.2612 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001680 +8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 3.2% and daily active addresses grew by 2.6%.

Bitcoin corrects after a shocking CPI print, potential BTC miner sell pressure and concerning macroeconomic developments.

Two large corporate entities are pouring big money in cryptocurrencies, and the corporate surge into Bitcoin doesn't appear to be slowing down. With its bold 1 billion yen ($6.7 million) Bitcoin acquisition, Japanese game producer Gumi is creating waves.

The Vinnik exchange highlights ongoing US-Russia diplomatic negotiations, impacting international legal and geopolitical dynamics. The post Trump-Putin deal frees Russian crypto founder tied to $4 billion Bitcoin laundering appeared first on Crypto Briefing.

Due to recent investments, BlackRock, the world's largest asset manager, is attracting significant attention from crypto enthusiasts amid ongoing market uncertainty. Today, February 12, 2024, blockchain-based security intelligence firm Arkham posted on X (formerly Twitter) that BlackRock has invested millions of dollars in Bitcoin (BTC) and Ethereum (ETH).