Ethereum‘s (CRYPTO: ETH) underperformance has sparked fresh debate about its future, with crypto analyst Benjamin Cowen suggesting the cryptocurrency might have finally reached its lower logarithmic regression trend line. What Happened: In a video podcast on Feb. 5, Cowen, known for his data-driven approach, pointed out that Ethereum has reached a critical juncture.
As XRP consolidates below the $3 mark, a cryptocurrency analyst has noted that the asset's technical structure hints at a possible rally toward the $8 level.
Seo Yoo-seok, president of the South Korea Financial Investment Association (KOFIA), is asking lawmakers to launch spot-traded ETFs. The funds will track the two leading crypto coins, Bitcoin and Ethereum.
The filing specifically mentions the Bitwise Ethereum ETF, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, "and any trust that holds ether."
The bank expects institutional inflows into spot bitcoin ETFs to grow as volatility drops, leading to significant price appreciation in the long term.
Holding bitcoin on corporate balance sheets represents more than a trend — it's a transformation in how companies can create and preserve shareholder value, says Next Layer Capital's Brandon Turp.
XRP bulls anticipate rapid price highs during the next cycle peak leading to increased bull activities. After the market dip, some traders flagged the possibility of a price jump to a new all-time high.
In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet.
Ethereum's price is yet to recover from the drop it has been experiencing lately. Therefore, more downside could be expected in the coming weeks.
Solana (SOL) and XRP took nearly double-digit decline in their prices on the weekly timeframe, as U.S. President Donald Trump made key tariff announcements. Bitcoin's decline drags down most altcoins, as crypto traders digest developments in artificial intelligence and the ETF hype for Solana and XRP.
It may well be that the US is indeed contemplating adding crypto to its monetary strategy. In a press conference Wednesday, the country's newly appointed AI and Crypto Czar, David Sacks, said his team is looking into the feasibility of having a Strategic Bitcoin Reserve.
Dave Portnoy, the founder of Barstool Sports and a well-known figure in the trading and gambling world, has made another bold move in the crypto market.
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A strategic Bitcoin (CRYPTO: BTC) reserve remains a topic of discussion after ‘Crypto Czar' David Sacks on Tuesday announced it would be one of the digital assets committee's first priorities. What Happened: Despite the announcement the odds of a reserve being implemented in 2025 have dropped from a peak of 68.5% in January to 58% on prediction market site Kalshi.
In a latest development, Standard Chartered, a British multinational bank, has issued a bold prediction that Bitcoin (BTC) could reach $500,000 before Donald Trump's presidency ends. The bank expects this price surge due to a more favorable regulatory environment and increased access to Bitcoin.
While the top ten cryptocurrencies seem stuck trading sideways, the meme coin world continues to make double digits moves.
"Although the near-term remains choppy for Bitcoin, the long-term is becoming clearer by the day," Standard Chartered said.
Crypto analyst CryptoCon has provided valuable insights into the Bitcoin price action in this cycle. Based on his analysis, the next thirty days could be a game-changer, with BTC set to witness a significant move to the upside.
According to blockchain analytics firm Glassnode, Bitcoin's latest market cycle is exhibiting “atypical” characteristics. The firm highlights that Bitcoin (BTC) has matured into a global asset with deep liquidity, allowing investors to trade at all hours, even when traditional markets are closed.
Ethereum's price has recently experienced a significant drawdown, dipping below the $3,000 mark. This crash has invalidated a key bullish pattern and caused some of the largest losses investors have seen in a long time.
The medical tech company's Bitcoin treasury has "generated BTC Yield of 152% since July 1, 2024" the company's chairman noted.
El Salvador purchased 12 BTC, raising its total reserve to 6,068 BTC. Bitcoin acquisitions have continued following a $1.4 billion agreement with the IMF.
Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach.
XRP, the cryptocurrency associated with Ripple, has shown a strong 20% rebound in the past 24 hours, reaching $2.57 despite facing significant selling pressure. While this recovery is notable, XRP continues to battle volatility, driven by ongoing concerns surrounding market conditions and whale activity.
Bitcoin crypto market cap dominance has historically reached 71% before altseason begins, notes Rekt Capital.
In a recent announcement, major crypto exchange Binance has unveiled a new update that affects the perpetual contracts of multiple crypto trading pairs.
The US is advancing crypto regulation, with a Bitcoin Reserve, new stablecoin legislation, and the SEC's Crypto Task Force website, signaling a move toward clearer policies, what to expect for Bitcoin?
The market remains mainly bearish today, according to CoinMarketCap.
TL;DR Bitcoin has reached a record $850 billion in realized capitalization, indicating strong value accumulation within its network. Capital inflows into Bitcoin have significantly increased since the 2022 bear market bottom, with nearly $500 billion more in investment.
Blockstream finally launched an office in Tokyo, Japan, amid a push for global expansion.
Ethereum Foundation Grant transfers 220.452 ETH to a multi-signature wallet.
The cryptocurrency market has experienced a significant downturn, with the total market cap plunging by $125 billion in the last 24 hours, now standing at $3.16 trillion. This drop has been primarily driven by ongoing macroeconomic challenges, which have kept market sentiment subdued.
The new leadership under Trump still needs to decide the securities attributes of assets such as SOL and XRP. This is key because it's making it difficult for exchanges to place crypto coins.
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.
Hong Kong legislator Johnny Ng recently stressed the need to speed up their own strategic Bitcoin reserve plan amid the recent push by America's newly appointed crypto czar David Sacks. The legislator noted that the nation has already introduced similar measures to the US, in the race to become Asia's crypto hub.
The crypto market is full of unpredictability and has been going through a roller coaster ride in the first month of 2025. The digital assets faced heavy turbulence due to various macroeconomic events like Donald Trump's tariff introduction and the launch of China's DeepSeek model.
Standard Chartered has made a bold prediction, forecasting that Bitcoin could skyrocket to $500,000 by 2028.
XRP's latest pullback could be part of a classic Elliott Wave structure, according to one market analyst, with a target above $18 if the bulls regain their footing.
The XRP Ledger (XRPL) experienced a network halt that lasted for just over an hour before successfully resuming operations, according to statements published by Ripple's Chief Technology Officer, David Schwartz.
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.
According to experts, a continued ETH inflation could weaken Ethereum's security in the long run.
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.