The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
Firoz Patel, Payza's founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds. The post Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison appeared first on Cryptonews.
Bitcoin ETFs experienced a net outflow of $140 million with the majority of the outflow coming from Fidelity's FBTC. In contrast, ether ETFs achieved their sixth consecutive day of inflows, adding $10.65 million. Ether ETFs Extend Inflow Dominance With Sixth Day of Consecutive Inflows On Thursday, Feb.
Franklin Templeton has updated their filing for an ethereum and bitcoin ETF to give the ticker of EZPZ in the final steps before listing.
BlackRock's total stake in Strategy now stands at 11.26 million shares, worth over $3.67 billion at current prices.
Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system.
Despite the hype of Bitcoin Reserve plans, Bitcoin's price is still below $100K. But Investors are not losing hope on Bitcoin and on its rising possibilities under Trump's leadership. Overall the year is bullish for Bitcoin as crypto is getting political support and new policies are meant to boost the industry rather than suppressing it.
Economist Henrik Zeberg believes current market conditions are ripe for a major Bitcoin (BTC) breakout. Zeberg tells his 173,900 followers on the social media platform X that market sentiment has gotten so low that it may indicate the bottom for Bitcoin and other digital assets is close. “BTC reached ATH (all-time high) on January 20th.
Crypto and wider market sentiment remains fragile ahead of the U.S. jobs report, QCP Capital analysts said.
The cryptocurrency market is at a crucial juncture as Bitcoin (BTC), Ethereum (ETH), and XRP navigate choppy waters following the latest macroeconomic data. The US Non-Farm Payrolls (NFP) report has fueled uncertainty, with investors watching closely for the next move.
Bitcoin has seen a surge in large-scale accumulation as 135 new wallets, each holding 100 or more BTC, emerged on the blockchain. This rise in large holders comes at a time when many smaller investors are pulling back from the market, a trend observed during recent Bitcoin price volatility.
A Canadian businessman has received a 41-month sentence in a U.S. federal prison for obstruction. Businessman's Account Blocked by Binance A Canadian businessman will serve 41 months in U.S. federal prison after pleading guilty to one count of obstruction of an official proceeding. The sentence was jointly announced by U.S. Attorney Edward R. Martin Jr.
Utah's Bitcoin reserve bill is headed to the Senate for passage. Arizona and New Mexico are also promoting similar Bitcoin reserve bills.
Outflows of Bitcoin (BTC) from exchanges reached the highest daily levels since April 2024, as whales continued to accumulate despite the dip under $100,000.
Donald Trump's media company Trump Media and Technology Group (TMTG) is launching a bitcoin exchange-traded funds (ETF)—as Trump's son Eric issues a bullish bitcoin price prediction
Standard Chartered has backed a bullish Bitcoin (BTC) price surge as long-term macro factors in the United States favor the market. The bank's researchers project a $500K price target during Donald Trump's second term in the White House.
Bitcoin has just experienced an unexpected hiccup: its mining difficulty has decreased for the first time in four months. A fragile breath in an ecosystem accustomed to constant escalation.
Many traders are wondering whether the bull run has already reached its peak. However, Michaël van de Poppe, founder of MN Consultancy, has a much more optimistic outlook.
Strong job growth can lead to fears of inflation and increased interest rates, while weak data might signal an economic slowdown.
Bitcoin (BTC) exchange reserve continues its progressive decline, signaling price recovery expectations. The last crypto dip saw the asset plunge below $100k as billions in value were liquidated.
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Utah stands out as the state closest to a potential implementation. Its bill would authorize the allocation of 5% to "qualifying digital assets.
Kentucky's bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve.
President Donald Trump's majority-owned company, Trump Media and Technology Group Corp. (TMTG), is preparing to introduce exchange-traded funds (ETFs) and separately managed accounts (SMAs) under the Truth.FI brand.
The crypto market's unpredictability intrigues investors and analysts. In this, the Bitcoin price trajectory is the biggest predictor of the market's movement.
The Czech Republic has made a significant move by signing a new bill that exempts Bitcoin from capital gains tax if held for at least three years. Signed by President Petr Pavel on February 6, the bill was approved unanimously by the parliament in December 2024.
A dip in activity was marked by a sharp decline in the number of transactions and a spike in demand from long-term holders may underpin the bitcoin price.
Missouri Representative Ben Keathley has introduced a bill aimed at incorporating Bitcoin (BTC) into the state's financial strategy. The post Missouri Lawmaker Proposes Bitcoin Strategic Reserve Fund to Diversify State Investments appeared first on Cryptonews.
After hitting $100,000 last year, crypto investors remain bullish that Bitcoin (BTC -1.65%) can continue its rally in 2025. In the long run, some of the most bullish advocates for the digital coin believe it can top $1 million or more.
The Bitcoin miner also reported net income of $246.8 million and adjusted EBITDA of $321.6 million for Q4, 2024.
The market behavior of Bitcoin has undergone a dramatic change as its volatility has fallen to an all-time low. This change is a sign that the market is maturing and attracting more institutional investors, who had previously avoided its volatile price fluctuations.
With no real concerns in sight, the Bitcoin (BTC) price continues in its current sideways accumulation phase. All the while, tailwind after tailwind adds its momentum to a potential breakout.
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.
Germany's federal election on 23 February 2025 is set to be a turning point, not just politically but also for the country's financial and crypto landscape.
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.
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.
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.