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.
The Bitcoin miner ended its fiscal third quarter with $270.7 million in cash and crypto holdings, according to CFO Darcy Daubaras.
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.
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).
Some 20 US states are mulling creating Bitcoin reserves, and so is the federal government.
The crypto markets have taken a hit after the release of the U.S. January Consumer Price Index report, which indicated a higher inflation and consumer price surge than expected. The CPI rose by 0.5% month-on-month, measuring the cost of consumer products, raising inflation to 3.0%.
There have been recent concerns within the crypto community regarding Binance's recent activities after a claim surfaced that the exchange had been offloading large amounts of Bitcoin and Ethereum. The Binance selloff trend was first noted on social media platform X by a market participant known as AB Kuai.Dong (@_FORAB), who noted that the crypto exchange had allegedly been selling off its Bitcoin and Ethereum holdings.
Banking behemoth JPMorgan has revealed some Bitcoin exposure in its recent 13F filing.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
SBC Medical Group Holdings Incorporated announced plans to purchase Bitcoin (BTC) worth 1 billion yen ($6.7 million) as part of a long-term strategy aimed at asset diversification and inflation hedging. The Japan-based medical services provider said investing in Bitcoin aligns with its goal of establishing a robust financial foundation while adapting to evolving macroeconomic conditions.
Cryptoquant analysts posit that live blockchain data grants investors unmatched clarity into bitcoin mining firms' activities, diminishing dependence on stale quarterly disclosures. From Quarters to Seconds: The Real-Time Analytics Rewriting Crypto Equity Research A recent cryptoquant.
Bitcoin whale activity and technical indicators suggest a potential price pullback in the near future.
After a sharp dip to just above $94,000 earlier Wednesday, driven by unexpectedly high U.S. inflation data, Bitcoin (BTC) has managed to recover and climb back to $97,500. The cryptocurrency's brief decline came in response to the inflation figures, which were stronger than anticipated, sparking concerns in the markets.
The State of Wyoming could expand its pro-Bitcoin agenda while local authorities also assessed stablecoin issuance and reserve laws.
The impact of the latest U.S. inflation data was immediately felt on the crypto market this Wednesday, February 12, 2025. Bitcoin fell below the $95,000 mark following the announcement of higher-than-expected inflation, while Donald Trump continues to push for a reduction in interest rates.
By launching its Macro Strategic Reserve, World Liberty Financial (WLFI) has advanced significantly and strengthened its position in the dynamic Bitcoin market. The approach, which seeks to fortify the business's financial foundation, coincides with heightened turbulence in the digital asset market.
Analysts believe that Bitcoin could follow gold's recent tear to new highs and reach a cycle top at $400,000.
The Japanese mobile gaming firm Gumi plans to accumulate more than $6.5 million worth of Bitcoin (BTC) as part of a new corporate strategy. A translated announcement from the gaming company indicates the firm will invest 1 billion yen (equivalent to $6,558,150 at time of writing) between now and May to acquire the crypto.
The altcoin market has shed $234 billion over the past two weeks, marking one of the largest devaluations in history. While bitcoin has remained volatile, it has shown resilience compared to the widespread sell-off across the broader crypto landscape.
New data from Glassnode has revealed that the global altcoin market is undergoing one of its sharpest devaluations in history.
Bitcoin (CRYPTO: BTC) and the broader crypto market briefly dipped in mid-day trading, reflecting worries over accelerating inflation. What Happened: Crypto analyst Ali Martinez commented “not good” on the unexpectedly high inflation numbers as analyst Kevin pointed out that headline inflation above 3% is a bearish signal and reinforces the idea that altseason is still far off.
Bitcoin ETF outflows continue as Powell's rejection of rate cuts and high inflation trigger a pullback from institutional investors. However, the Ethereum ETF market performed well, showing strong confidence and investor appetite for buying the dip.
Schoolteacher Marc Fogel returned to the US on Feb. 11 as part of a deal with Russian authorities that will reportedly include the release of Alexander Vinnik.
The odds of national US BTC reserve by end-2025 were 54% on Kalshi but below 50% on Polymarket.
Bitcoin (BTC) continues to move within its one-week range after recovering from its recent drop to $91,000 but has failed to reclaim support above the $98,000 mark. Some analysts consider that BTC's sentiment will remain neutral while it regains this support zone and builds up momentum toward a new high.
Short-term holders (STH) of BTC may extend their holding period.
In a recent development, as per a recent Newyork post, President Trump facilitated a prisoner swap, where Russian prisoner Alexander Vinnik was exchanged for American teacher Marc Fogel. Vinnik had been arrested in 2017 in Greece and was later sent to the US and France to face charges related to fraud and money laundering.
Bitcoin (BTC) experienced a sharp stall at the $98,000 mark and dropped to $95,000 after Federal Reserve Chairman Jerome Powell delivered a hawkish outlook on the future of interest rate cuts. Powell, during his semi-annual testimony to Congress on February 12th, stated that the Federal Reserve was “not in a hurry to change its policy stance” and emphasized that the current monetary policy was less restrictive than before.
The U.S. may trigger a surge in institutional adoption of Bitcoin (BTC) as different states are making advancements in legislation regarding the digital asset. Notably, 20 states have put forward legislative proposals to establish Bitcoin reserves for their respective governments.
The first inflation report of 2025 came in hotter than expected, showing a 3% increase in the CPI for January compared to the previous year. It showed an uptick from December, but more importantly, a number that outpaced analyst projections.
The Ohio House Republicans have proposed allowing state investments in Bitcoin. This move reflects a broader trend of state-level interest in digital currencies as viable investment options.
Galoy founder and CEO Nicolas Burtey wants to help more borrowers use bitcoin as collateral for loans while introducing open-source software into the traditional banking stack.
Nasdaq-listed SBC Medical plans to inject 1 billion yen to buy more Bitcoin over the next 2 months.
Not much has been happening on the cryptocurrency market lately. So "not much" that speculation is becoming abnormal and creating patterns that rarely appear on the price charts of our beloved digital assets.
The Swiss stock exchange group SIX has introduced a Digital Collateral Service, allowing financial institutions to use crypto assets alongside traditional securities as collateral.
The U.S. will release Russian Alexander Vinnik—who ran the BTC-e crypto exchange—in a prisoner swap after Moscow released an American.
Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.
Despite the future outlook, Bitcoin price remains volatile with $66 million liquidated from the market in the past 24 hours.
And if Bitcoin rose from its ashes to brush against unexplored heights? As gold sets records, reaching apocalyptic peaks, eyes turn toward the king of cryptocurrencies.
Mike McGlone, Bloomberg's chief commodity strategist, believes that Bitcoin might further decline against gold in the near future.
Today, Sora Ventures and its affiliates assumed board control of Bitcoin-focused HK Asia Holdings following the filing of director appointments. Effective Feb. 12, 2025, the filing marks a transition from holding a stake to assuming management responsibilities in the Hong Kong-based list company.
Tie-up is meant to tokenize Brazilian asset-backed securities, consumer credit, corporate debt, and accounts receivable.