Utah stands out as the state closest to a potential implementation. Its bill would authorize the allocation of 5% to "qualifying digital assets.

Kentucky's bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve.

President Donald Trump's majority-owned company, Trump Media and Technology Group Corp. (TMTG), is preparing to introduce exchange-traded funds (ETFs) and separately managed accounts (SMAs) under the Truth.FI brand.

VanEck forecasts an over 3% growth for the M2 money supply within this year.

The Czech Republic has made a significant move by signing a new bill that exempts Bitcoin from capital gains tax if held for at least three years. Signed by President Petr Pavel on February 6, the bill was approved unanimously by the parliament in December 2024.

A dip in activity was marked by a sharp decline in the number of transactions and a spike in demand from long-term holders may underpin the bitcoin price.

Missouri Representative Ben Keathley has introduced a bill aimed at incorporating Bitcoin (BTC) into the state's financial strategy. The post Missouri Lawmaker Proposes Bitcoin Strategic Reserve Fund to Diversify State Investments appeared first on Cryptonews.

Solana (SOL) is looking to regain its bullish momentum, aiming for a potential target of $350. The altcoin has remained resilient near the $200 mark, despite a slight 1.12% dip over the past 24 hours.

After hitting $100,000 last year, crypto investors remain bullish that Bitcoin (BTC -1.65%) can continue its rally in 2025. In the long run, some of the most bullish advocates for the digital coin believe it can top $1 million or more.

The Bitcoin miner also reported net income of $246.8 million and adjusted EBITDA of $321.6 million for Q4, 2024.

The market behavior of Bitcoin has undergone a dramatic change as its volatility has fallen to an all-time low. This change is a sign that the market is maturing and attracting more institutional investors, who had previously avoided its volatile price fluctuations.

The market participants have become more vigilant over the ETH price rally as the second-largest token is expected to demonstrate a huge price action in a short while. The token has reached a crucial juncture beyond which a huge breakout may attract fresh volume.

With no real concerns in sight, the Bitcoin (BTC) price continues in its current sideways accumulation phase. All the while, tailwind after tailwind adds its momentum to a potential breakout.

The SEC has taken a key step toward approving a spot Litecoin ETF, while Solana sees record-breaking growth and Remittix aims to disrupt the $190 trillion payment sector. #partnercontent

Another Day and Another U.S. state propose a Bitcoin reserve fund for state investments. The latest push comes from Missouri, where a new bill proposes a Bitcoin reserve fund for state investments. This move aligns with former President Donald Trump's campaign promise, which seems to be gaining traction. With 17 U.S.

Most investors associate minting non-fungible tokens (NFTs) with blockchain protocols like Solana and Ethereum. However, with the launch of its Ordinals protocol in January of 2023, Bitcoin (BTC -1.67%) is technically capable of hosting NFTs, too, and in recent months, it's become an NFT hot spot.

Germany's federal election on 23 February 2025 is set to be a turning point, not just politically but also for the country's financial and crypto landscape.

Ethereum (ETH -3.01%) is the biggest cryptocurrency after Bitcoin, and there's no shortage of reasons for buying it. And now, there's yet another reason to consider an investment of $3,000 or even more.

Utah is moving closer to becoming the first US state to hold Bitcoin in its reserves after its strategic Bitcoin reserve bill passed the House and advanced to the Senate for approval.

Czech President Petr Pavel signed a historic bill on Feb. 6 that exempts Bitcoin from capital gains taxes if held for at least three years. The Czech parliament unanimously approved the measure in December last year, reflecting a commitment to align with the European Union's Markets in Crypto-Assets (MiCA) framework.

Ethereum (ETH) activity remains high for whale-sized DeFi, but small-scale users keep flowing into Solana, leading to peak fees for Phantom wallet.

A closely followed crypto analyst says altcoins may undergo an explosive rally once a key Bitcoin (BTC) metric reverses. In a new strategy session, crypto trader Rekt Capital tells his 536,300 followers on the social media platform X that the Bitcoin dominance (BTC.

Ethereum markets show signs of recovery with $500 million in ETF inflows during early February 2025, while the network prepares for its Pectra upgrade scheduled for April launch.

It seems we've entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once. Namely, the regulator made an update on Grayscale's Solana ($SOL) ETF, which it had rejected last year after calling the asset a security.

Ethereum (ETH) has been showing impressive bullish momentum lately, recently breaking through the $2,800 resistance level and trading at around $2,840. This marks a 4.52% increase in just 24 hours.

The firm said Solana's share in the smart-contract platform market may expand from 15% to 22% this year.

SOL nears crucial breakout challenging the descending channel. A break above $200 could drive prices to $216.90 and beyond, while failure may lead to retesting $173.42.

A step signals potential approval amid growing expectations for crypto-friendly regulations.

BlackRock's proposal for in-kind redemption on its spot Bitcoin ETF product is now under review

Bitcoin network activity has significantly decreased, with daily transactions dropping by 53% from an all-time high as investor sentiment dips.

Riot mined 527 bitcoin in January, the highest amount since December 2023.

Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data.

It's no secret that investing in cryptocurrency can be a great way to build wealth, even if it requires a lot of risk tolerance and the ability to ride out periods of considerable volatility. For instance, if you invested $2,000 in Solana (SOL -3.34%) in February 2021, you would be sitting on about $75,500 today.

While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold.

Long term investors have sold off over 20,000 BTC as Bitcoin slips 7.5% in the past week but analysts see buying opportunity.

The bill mandates government agencies to accept Bitcoin payments.

Bitcoin exchange reserves are declining as the price consolidates below $100,000, while Standard Chartered maintains a $500,000 price target ahead of potential policy changes under the Trump administration.

Signed into law by President Petr Pavel, this new regulation eliminates capital gains tax on Bitcoin. The tax-free benefit applies after just three years of holding.

Bitcoin's price has remained below the $100,000 mark since the start of February. Currently trading at $96,920, the leading cryptocurrency has noted a 7% drop in value over the past week.

The blockchain's native token ether has underperformed bitcoin and other altcoins in recent months, the report noted.

VanEck forecasts SOL to reach $520 by end of 2025, driven by projected M2 money supply growth to $22.3T and Solana's expected market share increase to 22% of the smart contract platform market.

BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.

As Ethereum bulls are waiting on the sideline for a new rally, will the rise in Ethereum ETFs support be the driving factor?

Ethereum co-founder Vitalik Buterin openly opposed pressure to transform the platform into a gambling-focused system while defending the Ethereum Foundation's recent ETH sales, despite admitting the emotional toll of such criticism.

Germany's upcoming federal election is not just a political event—and it could have a major impact on the country's financial landscape, as Bitcoin, crypto regulations, and even how the wealthy are taxed are becoming hot topics of German party campaigns.

Singapore, Singapore, 7th February 2025, Chainwire

Kentucky lawmakers propose a 10% investment of state funds in digital assets.

The amount of Ether (ETH) withdrawn from crypto derivatives exchanges has surged to its highest level since August 2023. The post Ether Outflows from Derivatives Exchanges Hit Highest Level Since August 2023, Signaling Bullish Trend appeared first on Cryptonews.