Trump's recent invocation of the IEEPA to impose tariffs could undermine the U.S. dollar's global dominance, analysts say.
British multinational bank Standard Chartered has predicted that the Bitcoin price is going to reach $500,000 in the long term.
Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a bitcoin mining data center. Bitdeer to Build Power Plant for Bitcoin Mining Bitdeer, a bitcoin mining company has taken a major step toward becoming a fully integrated mining operation with the $21.
El Salvador has bought an additional 12 Bitcoins for its national reserve amid a pullback in the crypto market. The tiny Latin American nation has increased its hoard of the alpha cryptocurrency to 6,068 BTC.
Standard Chartered has made a bold prediction, forecasting that Bitcoin could skyrocket to $500,000 by 2028.
Bitcoin and other altcoins remained under pressure on Wednesday after ADP released a stronger-than-expected private payrolls report. Bitcoin (BTC) continued trading below $100,000, while major cryptocurrencies like Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) were in a tight range.
Ethereum (CRYPTO: ETH) has exhibited a curious pattern of weakness over recent weeks, with Hyperliquid (CRYPTO: HYPE) being a notable beneficiary of this trend. What Happened: Lookonchain and pseudonymous crypto trader kirbyongeo highlighted the divergence in the performance of Ethereum and Hyperliquid relative to Bitcoin's (CRYPTO: BTC) repeated moves to $100,000.
"Although the near-term remains choppy for Bitcoin the long-term is becoming clearer by the day," Kendrick said in an email to The Block.
Michael Saylor, a co-founder and executive chairman of MicroStrategy Bitcoin-focused behemoth, has taken to his account on the X social media platform (widely known as Twitter in the past) to deliver an enigmatic BTC-themed message to the millions of his followers.
The Rainforest Foundation US “Treasury for the Trees” initiative aims to raise 100 BTC for a strategic Bitcoin reserve. RFUS executive director Suzanne Pelletier explains why.
TL;DR According to Mempool Research, Bitcoin's average block size is expected to reach 4 MB due to the widespread adoption of inscriptions. This expansion could push Bitcoin's total blockchain size past 1 TB by 2026, presenting new challenges for node storage capacity.
Hong Kong politician Johnny Ng Kit-chong is calling for lawmakers in the special administrative jurisdiction to follow the footsteps of the US in researching the feasibility of a federal Bitcoin reserve, with the help of Mainland China.
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they've spent 15 years starving for," said the CEO of BTC OS.
Bitcoin (BTC) has recently experienced a significant price drop that has sent shockwaves through the cryptocurrency market. The dramatic sell-off triggered one of the largest liquidation events of long positions seen in months, causing massive losses for traders.
Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered on Wednesday predicted that Bitcoin (CRYPTO: BTC) could reach $500,000 before the end of Donald Trump's term. What Happened: Kendrick attributes this forecast to two key factors: improved investor access to Bitcoin under the current administration and a gradual decline in volatility due to maturing market infrastructure.
Bitcoin mining firm Bitdeer has announced the acquisition of a power project in Alberta, Canada, for $21.7 million.
Metaplanet's move to a Bitcoin standard in April 2024 has propelled its stock into Japan's top 50 by trading volume, CEO Simon Gerovich says.
Ohio Senator Sandra O'Brien proposes a bill to establish a state Bitcoin reserve. The bill requires Bitcoin investments to be held for at least five years.
Standard Chartered predicts Donald Trump's administration will push Bitcoin to $500,000—closing in on gold's market cap in the process.
Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.
Recently, President Donald Trump ordered the creation of a US sovereign wealth fund within a year. The Treasury and Commerce Departments must present a plan in 90 days, detailing how to fund and manage it. Since the US runs on a deficit, Congress would need to approve the fund before it becomes a reality.
Bitcoin (BTC), the world's leading digital currency, recently experienced challenges with block production. Neil Hartner, a software engineer familiar with the ecosystem, highlighted the glitch in an X post.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
This proposal comes as part of an internal working group. The group is focused on exploring ways to integrate Bitcoin into the country's economic framework.
David Sacks, appointed as the crypto and AI advisor under the Trump administration, recently praised Bitcoin as a "reliable store of value" during an interview with CNBC.
Bitcoin's (BTC) price remains stuck in a tight range, struggling to gain momentum despite recent attempts to break above resistance. President Trump's Crypto Czar, David Sacks, recently called Bitcoin an “excellent store of value,” yet the statement has had little visible impact on price action.
Traders have been loading the yellow metal on U.S.-bound planes. Investment banking giant JPMorgan plans to deliver $4 billion of gold to New York this month.
The crypto industry got a boost when it was announced that healthcare tech company Semler has bought 871 Bitcoins. This puts them at 10th place in the corporate Bitcoin holdings, with a stockpile worth $313M+ and a yield of over 150%.
Tether CTO Paolo Ardoino revealed the company is expanding beyond stablecoins to venture into Artificial Intelligence(AI). According to the CTO, the AI-backed applications will focus on working locally to guarantee full privacy.
Total net inflows for U.S. bitcoin-listed ETFs have seen over $40.6 billion.
Total net inflows for U.S. bitcoin-listed ETFs have seen over $40.6 billion.
In an announcement today, medical device manufacturer Semler Scientific revealed that it has acquired an additional 871 Bitcoin (BTC) to strengthen its treasury reserves. Meanwhile, MicroStrategy, the largest corporate BTC holder, appears to have temporarily halted its weekly Bitcoin purchases.
President Donald Trump is ushering in the age of Bitcoin and crypto with his support of a Bitcoin Reserve Act, which will likely make its way through the Senate during the President's second term. Meanwhile, Securities and Exchange Commission (SEC) Chairman Gary Gensler, who actively prosecuted crypto projects as unregistered securities, is no longer in charge of the SEC.
The finance industry association chief vows to list a crypto ETF in 2025 on the domestic exchange to satisfy the growing demand for digital assets among older investors.
A coincidence has generated a period of apparent confusion, which now, however, seems to have been resolved.
Ether and bitcoin ETFs enjoyed significant inflows on Tuesday, Feb. 4, as market momentum continues to pick up after a volatile start to the week.
Bitcoin's price is struggling below $100K as some of the altcoins are taking off.
Yesterday's announcement by Crypto Czar David Sacks of the development of a U.S. sovereign wealth fund, has investors wondering if Bitcoin will be included.
Most Bitcoin miners saw declining production in January as network difficulty soared. However, Riot Platforms bucked the trend with increased output.
Market's price bottom is not yet as Bitcoin's Long/Short Ratio has not made a crossover on altcoin's long/short ratio
MicroStrategy (NASDAQ: MSTR) has been one of the most aggressive institutional Bitcoin buyers, accumulating 471,107 BTC as of February 5, 2025; however, recent reports suggest the company has paused its Bitcoin purchases, raising questions about the stock's future.
Multiple U.S. states advance Bitcoin reserve legislation while the Czech central bank plans to invest billions in digital assets, marking a trend toward government adoption of cryptocurrency holdings.
Bitcoin and altcoins have witnessed sharp volatility after a heavy market crash earlier this week on fears of a Trump trade war. Although BTC price made a quick recovery above $100K levels, the bulls couldn't hold it for long, highlighting imminent weakness in the market.
El Salvador's Bitcoin holdings now stand at 6,068 BTC and are worth more than half a billion dollars at current prices.
US official signals potential shift in national cryptocurrency policy, hinting at the creation of a strategic Bitcoin reserve.
Semler Scientific recently purchased 871 BTC for $88.5 million, bringing its total to 3,192 BTC.
