Bitcoin's short-term MVRV shows investors are still in profit but a drop cannot be ruled out.

Bitcoin ETFs saw $186 million in outflows on February 10, while ether ETFs recorded $22 million in withdrawals after a strong run of inflows. Bitcoin and Ether ETFs Experience Notable Outflows The start of the week brought a shift in sentiment for crypto exchange-traded funds (ETFs). On Monday, Feb.

Bitcoin miners resumed asset sales following wavering prices in the last seven days. Recent inflows to centralized crypto exchanges dipped sentiments last week.

It's more difficult than ever to mine Bitcoin (BTC), yet individual miners sometimes persevere — and claim a massive reward.

The state's lawmakers recently introduced HB 92, a groundbreaking bill. It could open the door for North Carolina to invest state funds in Bitcoin and other digital assets.

Elon Musk has backed bitcoin hero Ron Paul for Fed chair—author of 2009 book End The Fed

North Carolina is the most recent US state to introduce a strategic Bitcoin reserve bill. That's not only good news for Bitcoin – it's great news for the entire crypto market, including meme coins.

Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.

Bitcoin remains in a sideways range, with resistance at $100,000 and support at $95,000, indicating consolidation. The RSI stays in neutral territory, showing no clear overbought or oversold signals, suggesting market indecision.

Bitcoin is flashing local bottom signals as miners enter a new “capitulation” phase, according to on-chain data. The post Bitcoin Shows Local Bottom Signals as Miners Enter Capitulation Phase: Analyst appeared first on Cryptonews.

Berkshire Hathaway Chairman Warren Buffett has been a legendary figure in investment circles for over half a century, and his stock picks are keenly watched by both experienced and rookie players. However, the “Oracle of Omaha” has remained steadfast in his opposition to cryptocurrencies and related investments, even though some of them may have outperformed the hottest equities in his portfolio.

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TL;DR North Carolina proposes House Bill 92 to invest up to 10% of public funds in Bitcoin ETPs, becoming the 21st state to consider BTC investments. The bill mandates strict investment guidelines, requiring digital assets to maintain a market cap of $750 billion and third-party managers to have $100 million in assets.

Crypto analyst Michaël van de Poppe predicts that Bitcoin is on track to hit a new all-time high within the next 2-3 weeks, following the strong performance of gold.

According to Bitwise, if companies and governments want to acquire Bitcoin, they'll largely have to buy it from individual holders. This prediction paints an intriguing picture of what's to come in the Bitcoin market.

Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.

“You can buy a lot and gain a lot, as well as lose a lot,” a bank official said. “However, we prefer something certain.

Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.

Data shared by the prominent blockchain sleuth Whale Alert shows that over the past ten hours, anonymous whales have exchanged more than a billion US dollars worth of the world's leading cryptocurrency – Bitcoin.

Crypto pundit Crypto Michael, who correctly called the Bitcoin price surge from $15,400 to $100,000, has revealed what is next for the flagship crypto. Based on his revelation, Bitcoin still has enough room in this market cycle before its price peaks.

This move reflects Tesla's continued confidence in Bitcoin's long-term value. While this might come as no surprise to those who have been following Tesla's history with Bitcoin, it's a clear sign of the company's commitment.

Tokyo-based gaming company Gumi Inc. has announced plans to invest 1 billion Japanese yen (approximately $6.58 million) in Bitcoin. The purchase is expected to take place between February and May 2025, marking a significant expansion into Web3 technology. Gumi Inc. Plan To Invest ¥1 Billion Gumi Inc.

Bitcoin miners may already be pointing the way to a major long-term BTC price rebound.

Bitcoin miners may be pointing the way to a major long-term BTC price rebound.

Bitcoin (BTC) has just hit horizontal resistance, plus the top of a wedge formation. Will the price break through, and head back over $100,000, or is it about to get rejected and fall back down to $92,000?

The renewed interest in altcoins, led by L1 projects, has increased the cash outflows from Bitcoin by whale investors in the past few days.

While the Bitcoin price struggles to breach past the $100K levels, yellow metal Gold solidifies its market position hitting a record-high of $2,940 per ounce. This has ignited the classic Bitcoin vs Gold debate with experts at both ends weighing in.

In 2024, Bitcoin (BTC 0.27%) turned in yet another triple-digit performance. For the year, Bitcoin was up 120%, which far surpassed the performance of any other asset class.

Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that allow fair market value reporting

Bloomberg analysts predict a 90% chance of SEC approval for a Litecoin ETF in 2025, leading other cryptocurrency ETF candidates

North Carolina has introduced a bill to invest up to 10% of state funds in Bitcoin ETFs, becoming the twentieth US state to propose such legislation

Bitcoin's recent price movements have reignited debate over its next big move, with the cryptocurrency hovering between key resistance and support levels. The broader crypto market has surged 2.21% overnight, pushing the total market capitalisation to $3.24 trillion, while Bitcoin itself has recorded a 1.

North Carolina lawmakers introduced House Bill 92 to invest in Bitcoin. The bill allows up to 10% of state funds to go into BTC via regulated ETPs.

Grayscale has submitted a 19b-4 filing to the SEC for a spot Cardano ETF in the past day. Analysts expect the US ETF to witness a huge boom in 2025.

Bloomberg analysts have revealed their approval odds for altcoin ETFs. Litecoin ETFs have a 90% chance of approval, while XRP ETFs have the lowest approval odds.

The state of North Carolina has become the latest to introduce a bill allowing the investment of public funds in digital assets like Bitcoin (BTC).

LTC, ADA, and SUI are the top gainers from the larger-cap alts.

Prices for Litecoin, Dogecoin, Solana, and XRP are in the green after analysts James Seyffart and Eric Balchunas released their ETF approval odds.

Bitcoin's price has stabilized near $97,000 while experiencing its largest exchange outflow since 2022, with a 3% reduction in exchange supply as institutional investors move assets to long-term storage solutions.

Grayscale has applied with the US Securities and Exchange Commission (SEC) to list a Cardano exchange-traded fund (ETF) on the New York Stock Exchange (NYSE), according to a Feb. 10 filing. This would mark the first US-listed ETF tied to ADA, providing regulated exposure to the digital asset.

Grayscale's legal battle with Osprey Funds took another turn after Osprey challenged a recent court ruling in favor of Grayscale.

Following Utah's recent legislative progress, North Carolina joins a growing number of states exploring Bitcoin investments to enhance state fund yields and embrace digital asset adoption.

An on-chain and macro research specialist, Alex Adler Jr, in his recent X post, notes that the average funding rate across Binance, Bybit and OKX – the three top exchanges – has slipped to zero. Interestingly, he also points out that every such occurrence in this cycle has triggered a macro bull run.

Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase.

The cryptocurrency market has displayed a jump of 2.21% overnight with a trading volume of $97.94 billion. With this, the crypto-verse is now valued at $3.24 Trillion. Following this, top tokens have added greener numbers to their statistics, further suggesting an increase in the bullish sentiment.

On-chain data shows the Bitcoin whales have been distributing for a while, but this investor cohort has been scooping up their coins. Bitcoin Sharks Have Increased Their Supply Dominance Recently In a new post on X, analyst James Van Straten has discussed about how the Supply Dominance of the various Bitcoin cohorts has recently changed.

According to Bitwise Asset Management, individual holders control most of Bitcoin's (BTC) total supply. 69.4% of the 21 million BTC in circulation belong to private investors.

The hacker who posted a fake Bitcoin ETF approval update through the US SEC's account has pleaded guilty.