Nuvve, a Nasdaq-listed EV charging firm, announced plans to allocate up to 30% of its excess cash reserves into Bitcoin.
The state-level Bitcoin reserve push aligns with Trump's pro-crypto stance, driving renewed interest for crypto in U.S. financial policy.
Bitcoin (BTC) investors may want to pay close attention as the digital currency's growing correlation with the Nasdaq 100 could influence its future price movements. Geoffrey Kendrick, the Head of Forex and Digital Assets Research at Standard Chartered, has recently pointed out that Bitcoin's price is becoming more aligned with the tech-heavy Nasdaq 100.
Yesterday, the NASDAQ slid 3% as China's low-cost AI model, DeepSeek, sent shockwaves through the tech industry, triggering a steep sell-off in US chipmakers. While Bitcoin (BTC) also dipped to a low of $97,777, the flagship cryptocurrency has since recovered most of its losses, trading above the key $100,000 price level.
A CryptoQuant analyst has analyzed Ethereum's low exchange reserves and the potential impact on future movements.
Crypto Market Today, January 29: Cryptocurrency price actions on Wednesday have once again solidified investor uncertainty right ahead of the U.S. FOMC. Bitcoin (BTC) price encountered significant pressure, avoiding further gains, whereas top alts such as Ethereum (ETH), XRP, and Solana (SOL) mirrored a similar intraday movement.
Arizona's lawmakers have taken a significant step toward embracing Bitcoin as a strategic financial asset. On January 27, 2025, the Arizona State Senate Finance Committee approved SB1025, also known as the “Arizona Strategic Bitcoin Reserve Act,” by a 5-2 vote.
Bitcoin and Ethereum hold key support levels ahead of the Fed's rate decision, with traders eyeing potential breakouts.
Institutions are back to buying as the altcoins face a dip in this broader market correction.
The debate over Ripple and XRPs decentralization reignited after Pierre Rochard, VP of Research at Riot Platforms, claimed Ripple has excessive control over the XRPL network. Rochard argued that Ripple could manipulate XRPs supply by forking the XRPL software and modifying escrow locks.
Japanese public company Metaplanet, often dubbed the MicroStrategy of Japan, is preparing to make one of the largest Bitcoin purchases in Asian market history. The firm plans to issue 21 million new share subscription rights at a 0% discount rate, aiming to raise 116 billion JPY (approximately $745 million) to expand its Bitcoin holdings.
A massive Bitcoin whale has surfaced after transferring 1,300 BTC ($133.7 million) to a new wallet, according to Whale Alert. Lookonchain also reported a fresh wallet withdrawal of 400 BTC ($41.2 million) from Binance.
Bitcoin remained resilient on Tuesday after briefly dipping below the key $100,000 mark, recovering 0.5% to trade at $101,927.2 by 3:46 p.m. ET. The rebound came as traders bought the dip, though concerns over Chinas DeepSeek R1 AI model and broader risk sentiment continued to pressure the market.
Michael Saylor, executive chairman of MicroStrategy and a well-known Bitcoin maximalist, took to X (formerly Twitter) to reinforce Bitcoins dominance. He posted an AI-generated image of himself sitting on an orange chair, captioned One Chair.
Ethereum is experiencing a gradual recovery as its price climbs above $3,100. This marks a 2.3% increase over the past day.
Ethereum price struggled to continue higher above $3,220 and dipped. ETH is now consolidating losses and might face resistance near the $3,200 zone.
Bitcoin has once again captured the attention of investors, reclaiming a price above $103,000 after briefly dipping below the $98,000 mark just a few days ago. This swift recovery signals the start of what analysts are calling the second phase of Bitcoin's price discovery, suggesting the possibility of even higher highs in the coming weeks.
Ripple's case vanishes from SEC's website, fueling withdrawal rumors. Will an official announcement drive XRP past its all-time high?
Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break.
The cryptocurrency derivatives market has witnessed a significant liquidation event in the past 24 hours, with massive losses as Bitcoin and other major assets have plummeted in value. Data from CoinGlass reveals that a substantial amount of positions were forcibly closed due to exceeding their liquidation thresholds, leading to widespread market turmoil.
Ripple's CEO championed collaboration over crypto maximalism, pushing for a multichain reserve featuring BTC, XRP, and others while rejecting division as progress's enemy. Ripple CEO Advocates for Multichain Representation in Government Crypto Reserves Ripple CEO Brad Garlinghouse took to social media platform X on Jan.
On-chain data shows the Bitcoin Miners' Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset's price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MPI momentum has recently given a bullish signal for Bitcoin.
The cryptocurrency market faced a mix of sharp drops and gains, driven by significant fluctuations in technology stocks. While Bitcoin demonstrated resilience by climbing 3%, trading at $102,668, the impact on mining companies was severe.
Nuvve said it would use 30% of its spare cash to buy Bitcoin, but its latest balance sheet suggests it won't be able to buy much.
Nuvve said it would use 30% of its spare cash to buy Bitcoin, but its latest balance sheet suggests it won't be able to buy much.
Bitcoin's decline has rattled markets, with China's Deepseek fueling volatility, yet an expert suggests this is no time to panic, hinting at hidden opportunities ahead.
An analyst known for making timely crypto calls believes that Ethereum (ETH) is at a pivotal point as it hovers close to $3,000. Pseudonymous trader Credible tells his 459,900 followers on the social media platform X that Ethereum may be in the midst of carving a local bottom before igniting fresh rallies.
Though XRP has seen increased activity, as U.Today previously mentioned regarding XRP's 800 million transaction surge, the momentum has not yet translated into a convincing price breakout, so the question of whether a recovery will actually occur remains. XRP's price movement has been bouncing around the $3.18 mark and has had difficulty establishing a definite bullish trend.
DeepSeek, a Chinese startup, launched its latest AI model competing with industry leading Large Language Models in the U.S. at a fraction of the cost, disrupting Bitcoin, crypto and the AI agent economy.
Ripple's leadership and Bitcoiners are at a standoff over what a U.S. government strategic crypto reserve should look like. The rift is starting to get messy.
The surge extends beyond just user activity, with daily transactions rising to 1.3 million from their 12-month low of 1 million.
Brian Armstrong, has made an ambitious prediction for Bitcoin's future, suggesting that the cryptocurrency could soar into the “multiple millions” per coin. This forecast is based on the ongoing institutional adoption, the growing influence of Bitcoin exchange-traded funds (ETFs), and the potential for clearer regulatory frameworks in the United States.
The UK could potentially sell its multi-billion dollar trove of Bitcoin (BTC) to plug holes in its finances, according to accounting giant RSM. According to blockchain “de-anonymizing” platform Arkham, the UK government holds about $6,270,000,000 worth of Bitcoin, most of it from when it seized coins belonging to convicted money launderer Jian Wen.
BTC's brief decline was met with fast accumulation by buyers.
Bitcoin is showing signs of a gradual recovery following its earlier pullback. After dipping below the $100,000 mark, the cryptocurrency has regained ground, currently trading above $102,000.
Bitcoin clings to $100K amid market anticipation before the FOMC meeting as traders await potential Fed impact on risk assets. The post Bitcoin clings to 100K ahead of tomorrow's FOMC meeting appeared first on Crypto Briefing.
The restaking protocol Symbiotic has launched a permissionless, feature-complete shared security protocol on Ethereum Mainnet, enabling blockchain networks to restake assets with full slashing capabilities. Shared Security Protocol With Full Slashing Goes Live on Ethereum According to the announcement shared with Bitcoin.
Original artist Scott "Burnt Toast" Martin is taking over the CEO role, declaring that the "extractive corpo era of Doodles is over."
From digital red packets to memecoins, Bitcoin continues its love affair with Lunar New Year in 2025.
Lawmakers in Kentucky and South Dakota are preparing to introduce legislation to establish a Bitcoin (BTC) reserve in the next few weeks, according to statements made on Jan. 28. South Dakota Representative Logan Manhart announced that he will introduce a bill in the South Dakota House to create a strategic Bitcoin reserve.
Bitcoin (BTC) is flowing into accumulation addresses, with a mix of whale demand and retail buying. US-based investors are the most active, increasing their share of buying since the last quarter of 2024.
Bitcoin price has surged recently, with increased buying pressure and a favorable market sentiment driving potential for new highs.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
Arthur Hayes, the former CEO of BitMEX, has provided an updated and bold outlook for Bitcoin's future price movements. His prediction suggests that Bitcoin will first experience a sharp decline to the $70,000–$75,000 range before ultimately rebounding to a new all-time high of $250,000 by the end of 2025.
Arizona's decision to explore investments in digital assets, such as bitcoin is indicative of a growing tendency in states to diversify public finances.
Analysts note a brewing feud between Bitcoin maximalists and XRP supporters after known Bitcoin advocates spread negative narratives against Ripple's virtual token.
On CNBC's Mad Money, Jim Cramer advised adding Bitcoin directly to portfolios instead of investing in MicroStrategy, a company known for its extensive Bitcoin holdings. His comments sparked social media debates, highlighting both his evolving crypto stance and the market's response. The post Jim Cramer Says Bitcoin Is “A Great Thing To Add To Your Portfolio” appeared first on Cryptonews.
The author of the personal finance bestseller Rich Dad Poor Dad, Robert Kiyosaki, is leaning bearish on the stock market while remaining bullish on Bitcoin (BTC). The best-selling author tells his 2.