FPPS is not a sustainable model for pooling mining operations in the long term.

BTC traded as high as $99,497.97 before retreating, but the dominant digital asset has been gradually edging towards the $100,000 barrier, with bears getting squeezed on shorts to the tune of $128.35 million. Bitcoin Nears $100K But Meets Resistance Bitcoin (BTC) is edging closer to the highly anticipated $100,000 milestone, trading at $99,207.

BTC dumped by over two grand within minutes.

A recent report shows Russia's Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia's power grid, as many mining operations remain unregistered. The post Russia's Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report appeared first on Cryptonews.

Bitcoin is targeting six figures as a welcome break from rangebound trading continues for BTC price bulls.

Bitcoin jumped to its highest price in more than a week Friday after Coinbase said the SEC will drop its charges, pending approval.

The SEC's latest move towards dropping its lawsuit against Coinbase could not only boost sentiment for crypto tokens once considered securities under the previous administration but also positively impact Robinhood's (HOOD) stock, a major player in the crypto exchange space.

BlackRock's Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin's price remains resilient amid industry concerns over price action.

Michael Saylor proposes a bold vision: the United States should acquire 20% of the circulating bitcoins. In a speech at CPAC, he stated that such a strategy could not only strengthen the dollar but also help pay off the national debt.

In just over a year since their introduction, U.S. spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing $750 billion in total trading volume.

Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.

This week in crypto has been packed with major developments, from mainnet launches and legal drama to attempts at cracking longstanding mysteries.

Today, at Consensus Hong Kong, Jason Fang announced the MicroStrategy 2.0 framework for Asia. The framework leverages structured products to generate Bitcoin yield, allowing retail investors to enhance performance without the need for private key management.

The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm's third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year.

Bitcoin, the first and largest cryptocurrency by market capitalization, has been consolidating for weeks and is trading within a relatively stable range of $93,000-$98,000.

Bitcoin price broke above $99k for the first time in two weeks, and a third successive daily gain above 1% signals strong upside.

The agency's withdrawal of the lawsuit could boost crypto prices, marking a milestone in U.S. regulatory oversight for the digital asset industry.

According to Glassnode's latest The Week On-Chain report, Bitcoin (BTC) must remain above the Short-Term Holder (STH) cost basis to avoid potential downside risks. Historically, this price level has served as a crucial pivot point between local bull and bear market phases, making it a key area to watch.

The new solution from BitDCA is coming in the next few weeks.

Czech fintech firm BitDCA has integrated Visa and Mastercard support into its upcoming microsaving app, Littlebit, to allow users to invest in Bitcoin through everyday spending. According to a press release shared with crypto.

A Copper analyst suggests that plans to audit Fort Knox's gold reserves could potentially drive investors toward bitcoin.

Coinbase has reached an agreement with SEC staff to dismiss its enforcement case pending final approval from the Commission, pushing Bitcoin back over $99,000. The agreement follows a protracted legal dispute that raised questions about regulatory authority and asset classification.

Bitcoin could make a run for all-time highs if a key support level holds, new BTC price analysis concludes.

Franklin Templeton, the global asset management giant with $1.5 trillion in AUM, has unveiled the Franklin Crypto Index ETF.

TL;DR $2 billion worth of Bitcoin and Ethereum options are expiring today, causing market volatility and uncertainty as traders watch closely. Analysts note a put-to-call ratio below 1 for both BTC and ETH, indicating more bets on price increases, but the max pain theory suggests potential corrections.

If Bitcoin is indeed an entirely new asset class, then we must compare its returns against other asset classes.

Unsurprisingly, crypto investors are nervous about the over $3 trillion drop in Bitcoin's total market cap, and the loss of $54 billion in just 24 hours. President Trump was perceived as the most crypto friendly US leader to ever enter office but his tariff policies have had a negative impact on the entire digital currency market.

The bill will now head to the full senate for a second reading.

Bitcoin (CRYPTO: BTC) supporter and advocate Michael Saylor called on the U.S. government to accumulate BTC to eliminate the national debt and benefit its citizens and taxpayers. What Happened: At the CPAC Conference, Saylor on Thursday championed Bitcoin as the ultimate form of economic sovereignty and sound money.

Bitcoin (BTC) has found itself in a critical price zone just below the psychological $100,000 level, with three failed breakouts already marking the resistance point. The cryptocurrency has tried to breach this milestone multiple times, only to face rejection each time, and now it finds itself once again testing this major resistance.

Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on Thursday, Feb. 20 saw bitcoin exchange-traded funds (ETFs) face a significant net outflow of $364.

TL;DR Michael Saylor suggests the U.S. should buy 20% of Bitcoin's total supply to secure a dominant position in global finance, leveraging the digital asset's potential. By acquiring 4.2 million Bitcoins, Saylor believes the U.S. can enhance financial stability, hedge against inflation, and gain a strategic advantage over other nations.

Ross Ulbricht urges support for Roger Ver, citing his past advocacy. Ver was arrested in Spain and faces extradition to the U.S. on tax fraud charges.

Strategy is once again making waves with its aggressive Bitcoin strategy. The company plans to raise $2 billion through a private sale of convertible bonds, which are set to mature in 2030. These bonds won't pay regular interest, but investors can choose to convert them into cash or Strategy's Class A shares.

Investors are hunting for altcoin high-upside possibilities as Bitcoin (BTC) consolidates around key resistance levels. Major crypto players are interested in Rexas Finance (RXS), a utility-rich, deflationary token priced at $0.20 in its final presale.

TL;DR Microsoft's Majorana 1 chip, a quantum computing innovation, could accelerate the timeline for Bitcoin's quantum resistance due to its advanced processing capabilities. The chip's Topological Core architecture enables the creation of stable and scalable qubits, raising concerns about Bitcoin and other cryptocurrencies' vulnerability to quantum computing attacks.

American citizens may soon receive a significant financial boost if the U.S. government follows through on its plan to cut spending and save trillions of dollars. While this move appears to be an act of fiscal responsibility, it could also have unexpected benefits for $DOGE—given its name's connection to a department led by Elon Musk.

The Bitcoin mining hashrate has halted as uncertainty masks months of steady growth.

The potential savings of the Department of Government Efficiency (DOGE), helmed by Elon Musk, could be used to purchase bitcoin, setting the basis for establishing a strategic bitcoin reserve in the U.S.

Altvest Capital Ltd., listed in South Africa, looks to become the first publicly-traded company in Africa to adopt Bitcoin (BTC) as a treasury reserve asset. The company shared the news via a press release on February 21.

As Bitcoin (BTC) continues to navigate volatile market conditions, its funding rates have recently shifted into negative territory, prompting many traders and analysts to speculate that a market bottom might be forming. This could suggest that Bitcoin's price is about to experience a significant rebound, potentially triggered by a short squeeze.

TL;DR Franklin Templeton has launched EZPZ, a new ETF providing exposure to Bitcoin and Ethereum, designed to track the US CF Institutional Digital Asset Index. The ETF offers a simplified and low-cost way for investors to access top digital assets, with an initial sponsor fee of 0.19% waived until August 31, 2025.

The Invesco QQQ Trust (NASDAQ:QQQ) is one of the most popular exchange-traded funds in the world, giving customers exposure to the tech-heavy Nasdaq-100 index. It has over $341 billion in assets under management as of this writing What happened: Launched in 1999, the ETF holdings are dominated by the "Magnificent 7" tech titans like Apple Inc. (NASDAQ:AAPL), Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT), and so on, making it an enticing bet for long-term return.

Bitcoin (BTC) four-year compound annual growth rate (CAGR) has declined to 14.5%, the lowest rate on record. However, despite the slump, the premier cryptocurrency has given better returns than gold and stocks.

Bitcoin's price remains below the $100,000 mark, trading at $98,000 at the time of writing. While this positions its daily performance in positive territory, the larger picture suggests continued bearish pressure.

The Bitcoin price has met with strong resistance at the $99,000 horizontal level and there may well be some kind of correction from here. That said, there is a potential tidal wave building.

The launch follows Hashdex's combo ETF going live last week after both funds were approved by the SEC in December.

The proceeds will be used by Michael Saylor's company to buy more Bitcoin.