Bitcoin's recent price rally has been nothing short of impressive. The leading cryptocurrency surged from around $90,000 to hit a new all-time high of $109,357.07 in just one week, marking a significant recovery.
Bitcoin (CRYPTO: BTC) mining reportedly helped Texas avoid $18 billion in energy costs by eliminating the need for new gas peaker plants. What Happened: The findings were made in a Monday report by the Digital Assets Research Institute, which credited the efforts of Electric Reliability Council of Texas CEO Brad Jones in identifying Bitcoin mining as a better alternative to stabilize the Texas electrical grid instead of the costly and polluting gas peaker plants.
The state of Utah has taken a groundbreaking step toward embracing digital currencies by introducing a ‘Strategic Bitcoin Reserve' bill. Spearheaded by Senator Jordan Teuscher, Utah becomes the 11th U.S. state to propose such a reserve, signaling a growing trend among states to incorporate Bitcoin into their financial strategies.
Bitcoin recently achieved a new all-time high, climbing above $109,000 and continuing its strong upward momentum. This performance has further highlighted the disparity between Bitcoin and Ethereum's price trajectories, with Ethereum underperforming in recent months.
The crypto prices today have shown remarkable strength, mainly embarking on upward trajectories. Bitcoin (BTC) price crossed the $105K level amid renewed market interest post-Donald Trump's inauguration, whilst Ethereum (ETH), XRP, and Solana (SOL) have traded dominantly in the green.
Ethereum co-founder Joe Lubin says issuers are confident that staked Ether ETFs will be approved under new SEC leadership.
Ethereum Foundation launches the 2025 Academic Grants Round, offering $2 million to support innovative research in Ethereum-related fields.
Leading U.S.-based firms were competing hard to mine more Bitcoin (CRYPTO: BTC), with many increasingly retaining the newly-created coins for long-term benefits. What happened: American Bitcoin mining companies added nearly 16 ExaHash per second of mining capacity, or an 8% increase, from November-end up to Jan. 15, according to a JPMorgan research report released Thursday.
El Salvador's Bitcoin strategy remains firm as it adds 12 BTC.
Rumble, the Tether-backed video-sharing platform, has made its inaugural Bitcoin purchase, marking the start of a significant corporate strategy aimed at diversifying its treasury. This first acquisition is a key component of Rumble's broader plan to allocate up to $20 million towards Bitcoin, positioning the company within the growing trend of public firms integrating cryptocurrency into their financial strategies.
CLS Global deployed "volume generation" algorithms for “many clients” to fake their volume before being baited with a crypto made by the FBI.
Ethereum price is struggling below the $3,500 resistance while Bitcoin gains. ETH is consolidating above $3,150 and might aim for an upside break.
Ross Ulbricht's full pardon by President Trump marks a monumental victory for Bitcoiners, symbolizing justice for a man who became a beacon for freedom and innovation. This long-awaited moment proves the power of persistence and reminds us to keep advocating for Bitcoin and freedom.
SEC Appeal Sparks Ripple Speculation: A pivotal SEC meeting could influence XRP's future, as investors eye Uyeda's approach to crypto enforcement cases.
Despite Bitcoin's recent surge to over $106,000 and new all-time highs, on-chain data indicates a surprising trend: demand from retail investors has remained significantly low. According to CryptoQuant's latest analysis, the Bitcoin Retail Investor Demand metric, which tracks transactions from smaller holders (those making transactions valued under $10,000), has dropped sharply in recent days.
Amid Bitcoin's ongoing upward momentum in price, a key on-chain Bitcoin metric has been observed that offers clues about the market's next direction. This notable indicator known as the Short-Term Holder Spent Output Profit Ratio (STH SOPR) which reveals the behavior of Short-Term Holders (STHs) has shown that STHs have started to sell at a loss.
Bitcoin price started a fresh increase above the $104,000 zone. BTC is consolidating above $105,000 and might aim for a new all-time high.
The cryptocurrency market has been showing signs of revival, but not without some challenges. Shiba Inu (SHIB) has been facing strong resistance as it struggles to hold onto key support levels.
Bitcoin maintained its position above $106,000, buoyed by a weakening U.S. dollar and a rally in American equities, as investors balanced their optimism and uncertainty regarding President Donald Trumps anticipated cryptocurrency policies. On January 22, Cointelegraph reported that Bitcoin (BTC) rose 3.8% the previous day, reaching $107,240, partially recovering from recent losses.
Bitcoins daily trading volume soared past $46 billion, marking the fifth-highest daily total in the cryptocurrencys history, according to FalconX research head David Lawant. On January 20, Lawant shared on X (formerly Twitter) that Bitcoin spot trading volume had surpassed $46 billion, stating, This is the largest daily volume ever recorded on a holiday or weekend.
Turns out $49 billion worth of Bitcoin isn't enough: MicroStrategy shareholders just voted to help finance the next wave of BTC purchases.
Ethereum (ETH) appears to have ‘bottomed out,' according to crypto analyst Mister Crypto. The analyst shared this observation as investor confidence in ETH continues to wane due to the digital asset's relatively lackluster price performance in 2024.
Bitcoin (BTC), the leading cryptocurrency, made headlines on Martin Luther King Day with a staggering $46 billion in spot trading volume. This impressive figure marks the largest volume ever recorded during a holiday or weekend, according to David Lawant, the head of research at FalconX.
Ethereum founding member Anthony DOnofrio says the non-profit needs change.
Ethereum is off to a rocky start this 2025, and its vibrant dev community isn't happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether.
The dollar index cools down as Trump's economic agenda encourages the markets.
Matt Kaufman, Calamos head of ETFs, joins CNBC's Bob Pisani on 'ETF Edge' to discuss the firm's launch of a bitcoin structure alt protection ETF. Michael Venuto of Tidal Financial Group also weighs in on the implications for the industry.
Those who convicted Ulbricht were "some of the same lunatics involved in the modern-day weaponization of government against me," Trump wrote Tuesday.
Bitcoin and Ethereum will now make up the Oxbridge Re Holdings' treasury push, as announced on Jan 21.
Solana has seen a sharp 21% drop over the past three days, erasing some of the impressive gains from its recent rally. This sudden reversal is partly attributed to the meme coin frenzy, which initially boosted Solana's ecosystem but has now turned into a liquidity drain, leaving the asset vulnerable to a sell-off.
Vitalik Buterin is pushing back against aggressive online culture—and also, perhaps, embracing it—as he revamps the Ethereum Foundation.
Brian Armstrong, the CEO of Coinbase, said on Jan. 21st that President Donald Trump is eager to make the United States the first country to have a Bitcoin strategic reserve, beating Russia and China to it. Speaking at the World Economic Forum in Davos, Switzerland on Jan.
The Ethereum Foundation (EF) has been in the spotlight recently as the community scored a wind of some controversial operational and management issues. Amid EF's ongoing leadership transition, Cardano Founder Charles Hoskinson has questioned what he believes is an anomaly.
The shareholders behind MicroStrategy have voted to dramatically increase the number of shares in a bid to raise funds for additional Bitcoin (BTC). According to a new Bloomberg report, the business intelligence firm, known for its extensive BTC investments, proposed increasing the number of authorized Class A common shares from 330 million to 10.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to capture the attention of investors, developers, and the broader crypto community. As the Ethereum network evolves with major upgrades like Ethereum 2.0, scalability improvements, and expanding decentralized finance (DeFi) solutions, the future price trajectory of ETH remains a key focus for market participants.
Negative STH SOPR signals that Bitcoin short-term holders are selling at a loss, raising market concerns.
Bitcoin had an exciting weekend filled with sharp volatility and historic price movements, leaving the market buzzing with anticipation. The cryptocurrency pushed above the $108,000 mark, reaching a new all-time high (ATH) of $109,350.
Senator Cynthia Lummis thinks Bitcoin and digital currencies will succeed in America. After talking with the tech-savvy David Bailey about cryptocurrency, Lummis promised once again that she will work to tie Bitcoin more closely with America's financial systems.
MicroStrategy expands its Bitcoin holdings with an $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor. The business intelligence firm's total Bitcoin portfolio now stands at 461,000 BTC, valued at $29.3 billion, with an average cost basis of $63,610 per coin. The post MicroStrategy Acquires 11,000 BTC Equivalent to $1.1 Billion appeared first on Cryptonews.
Coinbase CEO Brian Armstrong predicted that Bitcoin (BTC) will reach the “multiple millions price range” if countries begin implementing strategic Bitcoin reserves following the US.
Bitcoin's price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport's recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level.
Bitcoin price bounces back above $106,000 as the US Dollar Index cools and markets react positively to Trump's pro-America agenda.
Bitcoin's price has been a roller coaster ride for investors, but a new batch of ETFs seeks to offer up to 100% downside protection.
Bitcoin's dip to $100,000 was quickly bought up and its outlook still remains "bright," one analyst said.
Bitcoin (BTC-USD) hit a fresh record high as President Donald Trump returns to the White House. Cryptocurrencies, along with crypto-related stocks like MicroStrategy (MSTR), have gained on crypto investors' optimism under Trump.
In a dramatic gesture that reinforces its stance on Bitcoin, El Salvador has bought 11 BTC for its national reserves, which now amount to 6,044 units. Related Reading: Gold Out, Bitcoin In: 52% Of Americans Choose Crypto Over Traditional Assets—Survey The move follows an agreement with the International Monetary Fund (IMF) for $1.
ETH's price momentum slows amid leadership disputes at the Ethereum Foundation and Solana's expanding DApp market share.
Michael Saylor's software company MicroStrategy is pushing forward with its Bitcoin buying spree in January, today scooping up about $1.1 billion worth of the orange coin. The move marks the company's 11th week in a row of Bitcoin acquisitions.