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news-imageFebruary 10, 2025
Publisher: The Cryptonomist
Sentiment: Positive
BTC
ETH

More News Articles

Positive
cover-imageCoinPedia
February 11, 2025

US Government to Hold Bitcoin on Its Balance Sheet in 6 Months : Predicts Mike Novogratz

Bitcoin's price has remained flat week over week, hovering around $97,650 after peaking at $109,000. This comes after two weekends of high volatility, with traders pausing to reassess their positions following a significant liquidation event. Jake O. from Wintermute OTC noted that the slowdown reflects tighter trading ranges and a lack of fresh crypto-specific narratives.

Neutral
cover-imageCoingape
February 11, 2025

Ethereum Price Analysis: What Does $540M Staking Outflows Mean for ETH Price?

Ethereum (ETH) price rose 4% in the last 3 days to hit the $2,720 mark on Feb 11, as the global altcoin market received major capital inflows, however on-chain staking outflows suggest the ETH resurgence could fade out early. Ethereum Price Reclaims $2,700 Resistance after Weekend Consolidation Ethereum (ETH) has recorded a strong rebound, climbing

Positive
cover-imageThe Currency Analytics
February 11, 2025

Florida Bill to Invest Public Funds in Bitcoin

Florida Senator Joe Gruters has introduced a bill that could pave the way for public funds to be invested in Bitcoin. Known as “SB 550: Investments of Public Funds in Bitcoin,” this proposed legislation would grant Florida's Chief Financial Officer (CFO) the authority to invest various public funds in Bitcoin and other digital currencies.

Neutral
cover-imageThe Currency Analytics
February 11, 2025

Bitcoin Whales Move 14,000 BTC, Triggering Market Speculation

A significant amount of dormant Bitcoin has been moved after sitting untouched for 7 to 10 years, fueling speculation within the crypto community regarding the potential market impact. According to CryptoQuant analyst Dan, approximately 14,000 BTC, valued at over $1.3 billion, was transferred.

Positive
cover-imageCryptopolitan
February 11, 2025

Tesla made $600 million in Bitcoin profits during Q4 of 2024

Elon Musk's company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without even adding to its stash thanks to Bitcoin's rally past $109,000. The company still holds 11,509 BTC, as confirmed in Tesla's SEC filing released Monday.

Positive
cover-imageBenzinga
February 11, 2025

Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.'s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust.

Positive
cover-imageCoinPedia
February 11, 2025

Ethereum (ETH) Bulls Place $570M Bet, Buy Signal Confirmed?

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is poised for massive upside momentum as an expert hints at a buy signal for the altcoin. On February 11, 2025, a prominent crypto expert made a post on X (previously Twitter), stating that ETH appears bullish.

Positive
cover-imageTokenpost
February 11, 2025

Hal Finney's $1M Bitcoin Prediction Resurfaces as BTC Eyes $100K

Bitcoin pioneer Hal Finneys 2011 prediction of a $1 million BTC is gaining attention as Bitcoin recently surpassed $100,000. Finney, the first person to receive Bitcoin from Satoshi Nakamoto, foresaw BTCs potential as a global currency, estimating it could be worth millions of dollars each if it became dominant.

Neutral
cover-imageTokenpost
February 11, 2025

Ethereum Transaction Fees Hit Lowest Level Since 2024 Amid Market Challenges

Ethereums daily transaction fees have dropped to their lowest level since September 2024, with the network recording just $731,472 in fees on February 8, 2025, according to Token Terminal. This marks a sharp decline from previous months and mirrors the AugustSeptember 2024 period when fees consistently remained below $1 million, a trend last seen in November 2020.

Positive
cover-imageTokenpost
February 11, 2025

Bitcoin Adoption Accelerates as ETFs and Meme Coins Drive Growth

Coinbase (NASDAQ:COIN) CEO Brian Armstrong has weighed in on Bitcoins (BTC) rapid adoption, responding to a post by Mario Nawfal on X. Nawfal cited BlackRock (NYSE:BLK), stating crypto adoption is 43% faster than mobile phones and 20% faster than the internet, with over 300 million users in just 12 years.

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