After four days of losses, XRP has retreated to a crucial resistance-turned-support level at $2.17. Even though the downward trend has persisted, there are indications that it might be abating, indicating that a big change in the mood of the market may be imminent.

Another Day and Another U.S. state propose a Bitcoin reserve fund for state investments. The latest push comes from Missouri, where a new bill proposes a Bitcoin reserve fund for state investments. This move aligns with former President Donald Trump's campaign promise, which seems to be gaining traction. With 17 U.S.

Most investors associate minting non-fungible tokens (NFTs) with blockchain protocols like Solana and Ethereum. However, with the launch of its Ordinals protocol in January of 2023, Bitcoin (BTC -1.67%) is technically capable of hosting NFTs, too, and in recent months, it's become an NFT hot spot.

XRP whales seized the recent market dip to accumulate 520 million tokens. The question now is whether this is part of a larger accumulation trend or just an isolated event.

Utah is moving closer to becoming the first US state to hold Bitcoin in its reserves after its strategic Bitcoin reserve bill passed the House and advanced to the Senate for approval.

Czech President Petr Pavel signed a historic bill on Feb. 6 that exempts Bitcoin from capital gains taxes if held for at least three years. The Czech parliament unanimously approved the measure in December last year, reflecting a commitment to align with the European Union's Markets in Crypto-Assets (MiCA) framework.

A closely followed crypto analyst says altcoins may undergo an explosive rally once a key Bitcoin (BTC) metric reverses. In a new strategy session, crypto trader Rekt Capital tells his 536,300 followers on the social media platform X that the Bitcoin dominance (BTC.

The XRP whale investors accumulated over 520 million coins in the recent correction, as US fund managers prepare to offer spot XRP ETFs in the near future.

The Cboe BZX Exchange has submitted form 19b-4 filings to the US Securities and Exchange Commission (SEC) to list and trade spot XRP exchange-traded funds (ETFs) for several asset managers.

BlackRock's proposal for in-kind redemption on its spot Bitcoin ETF product is now under review

Bitcoin network activity has significantly decreased, with daily transactions dropping by 53% from an all-time high as investor sentiment dips.

Riot mined 527 bitcoin in January, the highest amount since December 2023.

Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data.

While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold.

Long term investors have sold off over 20,000 BTC as Bitcoin slips 7.5% in the past week but analysts see buying opportunity.

XRP trading at $2.45 shows technical consolidation patterns while experiencing increased institutional adoption through Bank of America's implementation of Ripple technology, with analysts identifying $2.00 as a key entry point for potential upward movement.

The bill mandates government agencies to accept Bitcoin payments.

Bitcoin exchange reserves are declining as the price consolidates below $100,000, while Standard Chartered maintains a $500,000 price target ahead of potential policy changes under the Trump administration.

Signed into law by President Petr Pavel, this new regulation eliminates capital gains tax on Bitcoin. The tax-free benefit applies after just three years of holding.

Bitcoin's price has remained below the $100,000 mark since the start of February. Currently trading at $96,920, the leading cryptocurrency has noted a 7% drop in value over the past week.

Is this just a temporary dip, or is XRP gearing up for a parabolic rally?

BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.

Germany's upcoming federal election is not just a political event—and it could have a major impact on the country's financial landscape, as Bitcoin, crypto regulations, and even how the wealthy are taxed are becoming hot topics of German party campaigns.

The crypto market has always been marked by periods of extreme volatility, where panic and opportunities intersect in an instant. Indeed, the recent crash on February 3rd once again illustrated this reality.

Kentucky lawmakers propose a 10% investment of state funds in digital assets.

Bitcoin Season: what are the signals?

The Ripple whales are making headlines in the latest XRP news with their continuing buying trend. According to data, the whales have bagged more than 500 million tokens amid the recent price dip, indicating the still bullish momentum hovering in the market.

Kentucky lawmakers propose a 10% investment of state funds in digital assets.

The crypto market continues displaying mixed price action, highlighting increasing uncertainty. Moreover, top crypto tokens have plunged below their important support levels. With this, the Ripple token recorded a similar price action, resulting in increased bearish sentiment.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.

Kentucky lawmakers propose a 10% investment of state funds in digital assets.

The SEC is reviewing BlackRock's proposal to allow authorized participants to receive Bitcoin instead of cash when redeeming shares of its Bitcoin ETF

XRP's price continued to remain under severe pressure on Friday. At the time of writing, XRP price was down over 6%, trading at $2.30 after hitting an intraday low of $2.29 and a high of $2.46. The coin has seen a weekly decline of around 25%.

New blockchain analysis suggests Kraken may have acquired records identifying Bitcoin's creator through its 2016 purchase of Canadian exchange Cavirtex, which potentially collected Satoshi Nakamoto's personal information during a 2013 transaction.

Bitcoin stabilizes above $96,000, the cryptocurrency market is abuzz with speculation about a potential breakout rally. The latest price action hints at a strong bullish comeback, with many investors eager to see if Bitcoin will reclaim the $103K supply zone.

Donald Trump's Bitcoin Reserve plan boosted the hopes of millions of investors in the country with Bitcoin jumping to the tunes and hit an ATH of $109K following the news last year, today it is struggling to maintain a $100K level as the market has not seen any prominent action from Trump's administration.

Ethereum has been struggling to keep pace with Bitcoin and Solana.

Bitcoin continues to trade within a sideways range, with its price fluctuating between key support and resistance levels. The cryptocurrency is yet to break out in either direction, leaving investors in suspense about its next big move. The current pattern suggests that Bitcoin is still working through a consolidation phase.

A new bridge to bring BTC into DeFi with custody based on smart contracts.

Holding bitcoin for three years and permanently avoiding capital gains tax? This once-unimaginable scenario is becoming a reality in the Czech Republic.

A popular crypto analyst says Bitcoin may experience an aggressive move to the upside once the current consolidation phase ends. In a new video, the analyst pseudonymously known as Credible Crypto tells his 67,500 YouTube subscribers that Bitcoin (BTC) is about to embark on the fifth wave of a bullish trend.

Bitcoin's price has dropped almost 9% over the last week, leading to a broader downturn across the crypto market.

Bitcoin hovers near $97K as traders await the U.S. NFP report. Will weak job data fuel a rally, or will strong numbers push BTC lower? The post Bitcoin Price Nears $97,000—Will the NFP Report Send It Pumping or Dumping? appeared first on Cryptonews.

House Bill 1217, introduced by Representative Ben Keathley, aims to establish a Bitcoin reserve fund for Missouri and mandate crypto acceptance for state payments.

The trend in an on-chain indicator could suggest that the Bitcoin bull market is still on even after the latest volatile action in the asset's price. Bitcoin Coinbase Flow Pulse Is Still Signaling A Bull Market In a new post on X, CryptoQuant author Axel Adler Jr has talked about the latest trend in the Coinbase Flow Pulse for Bitcoin.

Trump Media and Technology Group (TMTG), which is majority-owned by Donald Trump, has announced plans to launch multiple exchange-traded funds (ETFs).

More than $3.1 billion in Bitcoin and Ethereum options are expiring today ahead of the much-awaited release of the US jobs data on Friday. The broader crypto market has come under strong selling pressure with altcoins sliding a steeper slope as Bitcoin price dips under $97,000.