The Japanese mobile gaming firm Gumi plans to accumulate more than $6.5 million worth of Bitcoin (BTC) as part of a new corporate strategy. A translated announcement from the gaming company indicates the firm will invest 1 billion yen (equivalent to $6,558,150 at time of writing) between now and May to acquire the crypto.
The altcoin market has shed $234 billion over the past two weeks, marking one of the largest devaluations in history. While bitcoin has remained volatile, it has shown resilience compared to the widespread sell-off across the broader crypto landscape.
Bitcoin (CRYPTO: BTC) and the broader crypto market briefly dipped in mid-day trading, reflecting worries over accelerating inflation. What Happened: Crypto analyst Ali Martinez commented “not good” on the unexpectedly high inflation numbers as analyst Kevin pointed out that headline inflation above 3% is a bearish signal and reinforces the idea that altseason is still far off.
With Bitcoin (BTC) struggling to hold above $98,000 amid a lack of strong fundamental catalysts, market sentiment has turned increasingly cautious.
Bitcoin ETF outflows continue as Powell's rejection of rate cuts and high inflation trigger a pullback from institutional investors. However, the Ethereum ETF market performed well, showing strong confidence and investor appetite for buying the dip.
Bitcoin (BTC) continues to move within its one-week range after recovering from its recent drop to $91,000 but has failed to reclaim support above the $98,000 mark. Some analysts consider that BTC's sentiment will remain neutral while it regains this support zone and builds up momentum toward a new high.
Short-term holders (STH) of BTC may extend their holding period.
In a recent development, as per a recent Newyork post, President Trump facilitated a prisoner swap, where Russian prisoner Alexander Vinnik was exchanged for American teacher Marc Fogel. Vinnik had been arrested in 2017 in Greece and was later sent to the US and France to face charges related to fraud and money laundering.
Bitcoin (BTC) experienced a sharp stall at the $98,000 mark and dropped to $95,000 after Federal Reserve Chairman Jerome Powell delivered a hawkish outlook on the future of interest rate cuts. Powell, during his semi-annual testimony to Congress on February 12th, stated that the Federal Reserve was “not in a hurry to change its policy stance” and emphasized that the current monetary policy was less restrictive than before.
The U.S. may trigger a surge in institutional adoption of Bitcoin (BTC) as different states are making advancements in legislation regarding the digital asset. Notably, 20 states have put forward legislative proposals to establish Bitcoin reserves for their respective governments.
The first inflation report of 2025 came in hotter than expected, showing a 3% increase in the CPI for January compared to the previous year. It showed an uptick from December, but more importantly, a number that outpaced analyst projections.
The Ohio House Republicans have proposed allowing state investments in Bitcoin. This move reflects a broader trend of state-level interest in digital currencies as viable investment options.
Galoy founder and CEO Nicolas Burtey wants to help more borrowers use bitcoin as collateral for loans while introducing open-source software into the traditional banking stack.
Nasdaq-listed SBC Medical plans to inject 1 billion yen to buy more Bitcoin over the next 2 months.
Not much has been happening on the cryptocurrency market lately. So "not much" that speculation is becoming abnormal and creating patterns that rarely appear on the price charts of our beloved digital assets.
The Swiss stock exchange group SIX has introduced a Digital Collateral Service, allowing financial institutions to use crypto assets alongside traditional securities as collateral.
The U.S. will release Russian Alexander Vinnik—who ran the BTC-e crypto exchange—in a prisoner swap after Moscow released an American.
Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.
Despite the future outlook, Bitcoin price remains volatile with $66 million liquidated from the market in the past 24 hours.
And if Bitcoin rose from its ashes to brush against unexplored heights? As gold sets records, reaching apocalyptic peaks, eyes turn toward the king of cryptocurrencies.
Mike McGlone, Bloomberg's chief commodity strategist, believes that Bitcoin might further decline against gold in the near future.
Today, Sora Ventures and its affiliates assumed board control of Bitcoin-focused HK Asia Holdings following the filing of director appointments. Effective Feb. 12, 2025, the filing marks a transition from holding a stake to assuming management responsibilities in the Hong Kong-based list company.
Tie-up is meant to tokenize Brazilian asset-backed securities, consumer credit, corporate debt, and accounts receivable.
The Bitcoin (BTC) market has continued to surprise many investors as it sends conflicting signals to investors. This time, the action of institutional buyers reveals divergence in strategies as concerns the leading digital currency.
Cryptocurrency analyst Benjamin Cowen highlights a growing imbalance in the market: capital is pouring into Bitcoin (CRYPTO: BTC) and meme coins, while other crypto projects struggle for attention. What Happened: In a podcast on Feb 11, Cowen highlights Bitcoin dominance has surged from 38-39% to 64%, which he calls a sign of the market "healing itself.
A bold Bitcoin price prediction from Adam Back, one of the earliest contributors to Bitcoin's development, has resurfaced, reigniting optimism about BTC's long-term potential.
Though Bitcoin (BTC) entered 2025, backed by a tide of optimism, its front foot proved uncertain since the year started as the world's premier cryptocurrency not only failed to find a decisive new high but also to stay above the psychologically important $100,000 level.
An interesting discussion arose on the cryptocurrency market when Samson Mow, a renowned Bitcoin bull and advocate of $1,000,000 BTC, was recently confronted with a question regarding JAN3 - the company at which he is chief executive officer.
TL;DR Bitcoin's price dropped by 1.91%, while Ethereum and other cryptocurrencies also saw significant losses due to an unexpected rise in inflation in the U.S. for January. The Consumer Price Index (CPI) increased by 3% year-over-year, surpassing analysts' expectations, raising concerns about potential persistent inflation.
TL;DR Avalon Labs is considering launching a Bitcoin-backed public debt fund in the US under the SEC's Regulation A exemption. The company already offers products such as the USDa stablecoin, BTC-backed loans, and a crypto-linked credit card. In December, it raised $10 million in funding to expand its decentralized finance ecosystem on Bitcoin.
Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain's long-term security. Bitcoin's Transaction Drought Daily bitcoin (BTC) transactions have dropped to their lowest levels since late 2023, leaving the mempool—the queue of unconfirmed transactions—unusually empty.
Velar, a Bitcoin decentralized exchange protocol, has unveiled an initiative aimed at content creators in the Bitcoin DeFi space. The Content Creator Yield Program, the first of its kind, rewards creators for their contributions in the same way as yield farming.
Bitcoin sags as inflation worries return to crypto markets on the back of a grim January CPI print.
The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.
Already trading in a downward trend this week, the price of Bitcoin (BTC) briefly slumped below the $95,000 level on Wednesday as the crypto market sunk lower.
The latest CPI data would unlikely impact the Fed's interest rate decision in March despite Donald Trump's insistence on lowering interest rates.
The upcoming release of inflation data in the United States could be a key factor for the price of bitcoin. According to a recent report by 10x Research, a decrease in the Consumer Price Index (CPI) could trigger a new bullish rally, bringing BTC closer to its historical highs.
Leading the market among cryptocurrencies, Bitcoin exhibits encouraging progress. With a market value of $1.92 trillion and trading at $97,334.17, Bitcoin is displaying encouraging movement. Analysts see Bitcoin rising and project a $2.5 trillion market cap in 2025. Should this occur, Dogecoin might reach $4.
The decentralized finance platform World Liberty Financial (WLFI) by Donald Trump has announced the launch of the ‘Macro Strategy' fund, with the aim of supporting the growth of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.
After a relatively subdued price performance in 2024, Ethereum (ETH) could be on the verge of a significant breakout. A recent analysis by a well-known crypto analyst suggests that the second-largest digital asset may soon enter what they call its “most hated rally.
This miner appears to have previously mined another block in late January for a similar reward.
Bitcoin (BTC) has been steadily recovering after facing a series of challenges, most notably the delays surrounding the approval of a Bitcoin exchange-traded fund (ETF). At press time, Bitcoin was trading just below $98,000, a significant climb from its low points, and experts, including Anthony Scaramucci, are optimistic about the cryptocurrency's future trajectory.
Bitcoin (BTC) price has been struggling below $100,000 for the past eight days. Despite this, BTC keeps its position as the biggest crypto by far, with a market cap of $1.9 trillion.
Hong Kong has officially incorporated Bitcoin and Ethereum into its Capital Investment Entrant Scheme (CIES), allowing high-net-worth individuals to use these cryptocurrencies to demonstrate their wealth for residency applications.
With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that crypto investors holding long positions prioritize downside protection and closely monitor institutional flows. After hotter-than-expected inflation data was released, Bitcoin experienced a 2% decline to levels below $95,000, highlighting the ongoing volatility and uncertainty within the cryptocurrency market.
Phoenix Group has doubled its revenue as mining capacity grew in an epic year of growth for the firm.
US inflation unexpectedly accelerated in January, driving both cryptocurrency and traditional markets sharply lower. The Consumer Price Index (CPI) rose by 0.5% month-over-month, surpassing forecasts of 0.3% and December's 0.4% increase. On an annual basis, CPI climbed 3.0%, compared to expectations of 2.9% and December's reading of 2.