The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.
Bitcoin (CRYPTO: BTC) has the potential to break out to a new all-time high above $108,000 in February, according to a new note by Standard Chartered. What Happened: Geoffrey Kendrick, the bank's head of digital assets writes a break higher is contingent on the absence of negative market catalysts, such as further DeepSeek developments or new tariff announcements, Key to this outlook is the behavior of U.S. Treasury yields, with a specific focus on the 10-year yield failing to consistently break above the 4.50% level.
The National Bank of Poland has firmly ruled out the possibility of incorporating Bitcoin into its currency reserves, citing significant security concerns.
In a sharp turn of events, a crypto whale has sold 8,500 ETH, raising speculations about the asset's direction. In recent weeks, sideways traders dominated crypto assets within the ETH price outlook, slipping below resistance levels.
Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.
In a significant development, Maryland State Delegate Caylin Young has introduced “Strategic Bitcoin Reserve Act of Maryland.” The latest move reflects a growing trend among U.S. states to diversify their financial assets into digital currencies, recognizing Bitcoin's potential as both an investment and a hedge against inflation.
The SEC acknowledged an application for a spot Solana ETF on Thursday, signaling that the agency's framework for crypto products may shift.
XRP has shown resilience amid the market's volatility and uncertainty, standing strong as it rebounds from recent lows. The price is now over 33% up from Monday's low, signaling renewed momentum and a potential push toward higher levels.
Bitcoin faced renewed pressure after failing to reclaim the $99,000 resistance level, triggering a market-wide selloff, according to QCP Capital's latest market update. The leading crypto by market cap fell to a new daily low of $95,600, marking a three-day losing streak and an uncertain outlook for the broader crypto market.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin (BTC) is becoming more difficult to mine after increasing competition in the past ten days. The next difficulty adjustment may make the network even more competitive.
TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The network launched bridges like Snowbridge and Hyperbridge, enhancing interoperability and the security of cross-chain transfers between DOT and other networks like Ethereum.
Ever since the institutions have gauged the success of the spot Bitcoin & Ethereum ETF, they have intensified their search for other potential ETFs. While Solana has strengthened its base with zero network outrage in the past 12 months, XRP has proved to be a sleeping giant after the remarkable bull run.
Regulatory hurdles and legal challenges may slow Solana ETF progress, but institutional interest could pressure a shift in SEC policies. The post Polymarket forecasts slim 35% chance of Solana ETF approval before July 31 appeared first on Crypto Briefing.
Crypto market analysts anticipate a significant increase in the price of XRP, the native cryptocurrency of Ripple, due to several ETF (exchange-traded funds) applications currently under review. These initiatives could transform the investment landscape in XRP and attract a substantial influx of institutional capital that could propel XRP up to 1500%!
Ethereum at crossroads! While an analyst eyes a big rally, ETH is facing strong downward pressure.
Ethereum (ETH) rival Solana (SOL) could skyrocket to $520 by the end of 2025, according to analysts at the asset management firm VanEck. With SOL trading at $191.43 at time of writing, that would represent an increase of more than 171%.
Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year.
XRP continues to consolidate above the crucial $2 support level, even as Bitcoin (BTC) struggles to find direction.
Michael Saylor's Strategy has fully embraced its position as a bitcoin treasury company and Wall Street remains bullish on MSTR stock.
Asset manager BlackRock (NASDAQ:BLK) has further increased its investment in Strategy Inc. (NASDAQ:MSTR), the company that's primarily known for its large Bitcoin (NASDAQ:BTC) reserves. What Happened: A disclosure with the Securities and Exchange Commission on Feb. 6 shows that BlackRock's investment portfolio now includes approximately 11.26 million shares.
The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices.
Asset manager Vaneck projects solana (SOL) will reach $520 by the end of 2025, driven by its growing dominance in the smart contract platform market, despite the cryptocurrency's recent 15.8% seven-day decline. Vaneck Analysts—Solana Price Could Soar Over 160% by 2025 as M2 Growth Fuels Crypto Rally Solana (SOL) traded at $198.
TL;DR Bitcoin briefly surpasses $100K: Driven by a mixed jobs report in the U.S., but drops to $97,861, with a 1.36% increase in the last 24 hours. Economic factors affect the market: The low unemployment rate and Federal Reserve policy influence the behavior of the crypto market.
Meme coins took a hit this week as bearish market conditions dragged even Bitcoin down to $95,700. With altcoins extending their downtrend, investor losses continued to mount.
Russian Bitcoin miners are concerned about a government mandate requiring wallet addresses to be included in a national registry. Russian lawmaker Anton Gorelkin highlighted these concerns in a Feb. 7 Telegram post, warning that geopolitical rivals could exploit leaked addresses.
Job growth fell short of expectations in January, but unemployment came in lower than expected and December jobs were revised higher to 307,000 jobs. CoinDesk's Christine Lee anchors “Chart of the Day.
Utah's House of Representatives on February 6 passed House Bill 230 (HB 230), informally referred to as the “Strategic Bitcoin Reserve” bill, by a narrow margin of 38 votes in favor, 34 against, and 3 not voting.
Ethereum's price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum.
CleanSpark's Bitcoin treasury strategy is paying off; the company held 10,556 in self-mined BTC at the end of 2024.
Ethereum กำลังได้รับความสนใจอย่างมากจากนักลงทุนสถาบันโดยเฉพาะอย่างยิ่ง BlackRock ซึ่งเป็นการลงทุนที่ส่งผลกระทบต่อตลาด Altcoins อย่างมีนัยสำคัญ วาฬแห่ซื้อ Ethereum สัญญาณแห่งความเชื่อมั่นจากสถาบัน Crypto Daily รายงานว่า BlackRock, Inc.
BlackRock has increased its stake in Strategy, the biggest corporate holder of Bitcoin. What does this mean for Bitcoin's future.
Standard Chartered sees current market conditions as supportive for bitcoin, as long as yields stay contained and the economy remains stable.
XRP declined 7% since Monday, during a big week for crypto. President Donald Trump's crypto czar David Sacks held a press conference and called it “a golden age in digital assets.
Both Solana and XRP have growing ETF applications, regulatory challenges and a fight for institutional acceptance. Who has the edge?
Michael Saylor, a co-founder of Strategy and its executive chairman, has taken to social media to share a BTC-themed message with his multi-million followers' army on the X platform.
Bitcoin and Ethereum ETF issuer VanEck is bullish on Solana due in part to growing popularity, which has come amid increased stability.
The potential approval of an XRP ETF is looking more likely, which is bullish for the XRP price. Although XR hasn't reacted positively to the recent ETF news, this fund could contribute to the projected rallies for the crypto.
The CFTC's pilot program could set a precedent for regulatory frameworks, potentially boosting innovation and clarity in digital asset markets. The post CFTC to host CEO Forum on stablecoins and collateral with key industry players, including Ripple, Coinbase appeared first on Crypto Briefing.
The SEC officially acknowledges Grayscale's Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF's approval process could shape the future of Solana investments. The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews.
Cryptocurrencies moved higher today after a somewhat perplexing jobs report this morning that ultimately led to a slight increase in Treasury yields. Bitcoin, the world's largest cryptocurrency, hovered around $98,400.
Conor Grogan from Coinbase has uncovered a potential link between Bitcoin's mysterious creator, Satoshi, and Kraken, through a detailed analysis of mining patterns.
Bitcoin continues to go back and forth during the trading session on Friday, as it looks like we are going to continue to be attracted to the $100,000 level for a bit of “fair value.”
Cryptocurrencies displayed bearishness today as Bitcoin hovered around the $97,000 region. With most tokens trading in the red, Flare's impressive performance over the past day attracted the attention of crypto enthusiasts. FLR jumped from its 24-hour low of $0.01916 to a $0.02299 peak – a 19.99% gain.
Ethereum (ETH) has been a pillar of the crypto market, consistently proving its value as the leading smart contract platform.
Cryptocurrencies have been more financial and investment vehicles than payment mechanism, despite ongoing aspirations to the latter. As the broader ecosystem warms to digital assets, this increasingly makes it essential for corporate treasuries to evaluate crypto's role in their financial ecosystem.
The Russian government's registry mandating Bitcoin miners to disclose wallet addresses has sparked fears of potential data leaks and sanctions. While officials claim the system is secure, past breaches raise doubts. New restrictions on electricity use further tighten the regulatory grip on the mining sector. The post Russian Bitcoin Miners Fear Sanctions as Government Enforces Wallet Address Registration appeared first on Cryptonews.
Bitcoin and XRP surged, but then dropped on news that the U.S. job market's growth cooled in the month of January.