The country's giant sovereign wealth fund holds over $500 million in Microstrategy shares and similar stakes in other bitcoin-focused companies such as Coinbase. Norwegian Pension Fund Increases Its Bitcoin Exposure by 153% The $1.
The integration is supported by Taproot Assets, a network that enables interoperability between stablecoins and other assets on the Bitcoin network.
Bitcoin kicked off 2025 with a bang, but a fresh set of factors needs time to congeal before BTC price can chase new highs.
Bitcoin's rise to fame has been marked by unpredictable swings. For years, the world's most popular cryptocurrency has followed a four-year cycle of rapid growth followed by sharp crashes.
Retail investors are starting to take excessive risk in derivative markets but they could be right!
The largest stablecoin is integrating with the Bitcoin network, Tether Paolo Ardoino announced at a Bitcoin conference in El Salvador.
Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem.
South Dakota Representative Logan Manhart made two new legislative proposals on Jan. 30 aimed at incorporating Bitcoin (BTC) into the state's investment strategy. House Bill 1202 (HB 1202) would allow the state to allocate 10% of its public funds to Bitcoin.
The stablecoin issuer's choice to bring USDT back to Bitcoin is a massive win for the Lightning Network and Joltz's bet on Taproot Assets.
The chances of a European central bank holding Bitcoin reserves have just increased, despite comments from ECB President Christine Lagarde stating that the asset is unsuitable.
The Czech National Bank (CNB) announced plans to explore the potential inclusion of Bitcoin (BTC) in its reserve assets on Jan. 30. The move comes despite European Central Bank (ECB) President Christine Lagarde's vocal opposition to central banks holding the crypto.
Amid increasing anticipations of the United States' potential implementation of its Bitcoin strategy, new states are introducing BTC proposals. The US State of Montana has become the latest to join the US rally to adopt a strategic Bitcoin reserve.
How does Tesla's $600 million Bitcoin gain fit into the bigger picture of corporate crypto adoption?
Crypto flagship asset, Bitcoin currently struggles with upside momentum following a recent sharp rundown in the general market, and facing significant resistance at the $103,000 level. Despite the waning price performances, profitability has been increasing, with a considerable amount of the coins now in profit.
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).
On today's episode of CNBC Crypto World, bitcoin gets a boost to $105,000 after the Fed keeps rates unchanged. Tesla reports a $600 million jump in net income after a mark-to-market adjustment on its bitcoin holdings.
Bitcoin (BTC) saw a notable bounce of 4% after reacting to the recent Federal Open Market Committee (FOMC) meeting. Initially dropping to $101,365 in response to the Fed's decision to keep interest rates unchanged, BTC quickly recovered to $104,797.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
European Central Bank (ECB) President Christine Lagarde does not expect any EU country to adopt a Bitcoin reserve, reflecting strong skepticism about cryptocurrency's role in central bank reserves.
Experts warn that a bitcoin-only reserve poses concentration risks and exposes the U.S. to potential volatility. Two experts urge the U.S. administration to diversify its crypto stockpile to build a resilient digital reserve and reduce systemic risks. Ripple vs. Bitcoin Maximalists The establishment of a bitcoin-only reserve poses concentration risks and exposes the U.S.
Bitcoin trades above $100,000, but investors' “unit bias” and the rise of spot BTC ETFs have drastically decreased retail investors' presence in the market.
Tesla's latest financial report for Q4 2024 reveals a significant $600 million gain from its Bitcoin holdings, which have now exceeded $1 billion in value, thanks to a new accounting rule. The change in the Financial Accounting Standards Board (FASB) guidelines allows companies to report their crypto holdings at market value, offering a clearer picture of their financial standing.
Canadian Bitcoin developer Peter Todd, who gained mainstream prominence last year after being identified as Satoshi Nakamoto in a controversial HBO documentary, has opined that Bitcoin "did not win" in El Salvador after the country's major U-turn.
Bitcoin (BTC) has seen an impressive 8% surge since Monday, solidifying $100K as a strong support level. After weeks of volatility and uncertainty, BTC has now reclaimed key levels and is pushing toward an all-time high (ATH) retest.
The price of Bitcoin (BTC) is on a two-day winning streak following the Federal Reserve's decision to keep rates unchanged as the market expected.
The Bitcoin exchange balance has jumped to its lowest level since July 2024 as the broader market takes a major shift. According to insight from Glassnode, this exchange BTC supply has now dropped below the 3,000,000 support zone.
Crypto asset management firm Grayscale is launching a new Bitcoin (BTC) mining exchange-traded fund (ETF).
On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the deposit facility rate to 2.75%, the main refinancing operations rate to 2.90%, and the marginal lending rate to 3.15%.
Bitcoin's price surge helped Tesla mask deeper struggles, adding $600M to its earnings. But behind the numbers, falling demand, price cuts, and squeezed margins tell a different story.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
Bitcoin (CRYPTO: BTC) stands at a crossroads, with the cryptocurrency community wondering whether a potential ‘top' may be approaching or if the apex crypto is gearing up for another rally. What Happened: In a detailed thread on X on Thursday, crypto chart analyst Ali Martinez highlighted growing selling pressure from miners and long-term holders, noting that over $3 billion in realized profits were recorded in December 2024, while 20,000 BTC (worth $2 billion) was sold by miners in mid-January.
The on-chain analytics firm Glassnode has revealed how a popular myth surrounding the decline of the Bitcoin exchange supply isn't real.
A crypto strategist is warning that Bitcoin must hold one key level as support or BTC could experience a severe correction. Trader Ali Martinez tells his 121,300 followers on the social media platform X that if Bitcoin fails to hold $91,700 as support, BTC could decline 30% from its current value.
ECB president Christine Lagarde said the bank would not consider holding Bitcoin reserves as sovereign entities rushed toward the asset.
The Bitcoin-backed loans market is expected to grow fivefold in the coming years. Cointelegraph explores the nuts and bolts of the niche industry.
ECB President Christine Lagarde dismisses Bitcoin as a potential reserve asset, while multiple US states propose its adoption for strategic reserves.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday's inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue.
The European institutions resist the growing adoption of cryptocurrencies
Norway's sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase.
The Czech National Bank is exploring a 5% Bitcoin allocation in its reserves, signaling growing acceptance of cryptocurrencies in national financial strategies.
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down.
El Salvador's Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.
The Czech National Bank is exploring a potential expansion of its investment portfolio, as global institutions, such as the Norwegian sovereign wealth fund, show increasing exposure to assets like Bitcoin (CRYPTO: BTC). What Happened: The CNB's Bank Board, during its Thursday meeting, approved an analysis into broadening its international reserves.
Grayscale introduced its Bitcoin Miners ETF on NYSE Arca, offering exposure to key Bitcoin mining firms like Marathon and Riot. Tracking the Indxx Bitcoin Miners Index, the fund focuses on companies shaping the sector, from hardware to mining operations, as the industry adapts to evolving market conditions. The post Grayscale Launches Bitcoin Mining ETF on NYSE Arca appeared first on Cryptonews.
DeepSeek may have “nothing to do” with crypto, but its sudden entrance on the scene affected crypto prices.
ECB President Lagarde said she's "confident" bitcoin will not be a part of the assets of any EU central bank.