Texas Senator Charles Schwertner announced a proposal for a state-level Bitcoin strategic reserve. Enacting SB 778 could position Texas as a leader in digital asset adoption.
Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad” and a strong supporter of Bitcoin, has shared a bold prediction about the future of the cryptocurrency. He believes Bitcoin will reach $250,000 by the end of 2025. This prediction comes after Bitcoin recently crossed the $102,000 mark.
Blockstream CEO and co-founder Adam Back is to join Komainu's board of directors.
Bitcoin Open Interest (OI) on leading crypto exchange Binance soared to $500M shortly after the CPI data release. Coinglass data shows the exchange witnessed a surge in OI for the largest crypto by market cap on January 15 within hours of the release of lower-than-expected US Consumer Price Index (CPI) data for December.
Senator Charles Schwertner, a physician and state lawmaker, has filed SB-778. This groundbreaking bill aims to establish a Strategic Bitcoin Reserve.
The transaction was funded in bitcoin, with Komainu establishing its own bitcoin treasury to manage the capital provided.
Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
Bitcoin surpassed $100,000 as multiple research firms, including HashKey, Standard Chartered, and Bernstein, project prices could reach $300,000 by the end of 2025, driven by institutional adoption and strong holder behavior.
Wednesday's price action for bitcoin was the fourth time it exceeded the key $100,000 price level.
Per the filing, any third party can file a claim for these assets, but they would not be considered victims.
Komainu Holdings, a crypto custody company backed by Nomura Holdings, has raised $75 million from Blockstream Capital Partners to accelerate its global expansion and integrate cutting-edge technologies. This investment will help Komainu expand globally and enhance its digital asset services.
XRP is on the list, followed by SOL, HBAR, DOGE, and others.
The US spot Bitcoin ETFs registered a net cash inflow of more than $755 million on Wednesday, thus ending a four-day streak of bleeding.
Cathie Wood, the founder of asset management firm Ark Invest, said Wednesday that the firm's conviction in the $1.5 million bull case for Bitcoin (CRYPTO: BTC) in 2030 has strengthened thanks to several bullish developments last year. What happened: During an X Spaces discussion on Wednesday, Wood stated, "Our bull case is at $1.5 million.
BTC price strength faces its real test at $102,000, which needs to flip to support, says the latest Bitcoin market analysis.
An analyst has revealed how XRP and Bitcoin are among the cryptocurrencies seeing a sell signal on the Tom Demark (TD) Sequential after the market recovery. XRP & Bitcoin Among Coins Seeing TD Sequential Sell Signal In a new post on X, analyst Ali Martinez has talked about the TD Sequential pattern that four top assets in the sector have formed recently.
Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-crypto announcement.
Digital asset custodian Komainu has secured a $75 million Bitcoin-funded investment from Blockstream Capital Partners
Stablecoins now dominate crypto crime, accounting for 63% of illicit transactions, as global regulations like MiCA and UAE frameworks gain momentum.
HashKey Group has revealed its top 10 market predictions for 2025. The leading digital asset management and financial services provider shared insights derived from a community-driven voting process.
Italy's leading financial institution, Intesa Sanpaolo, has ventured into cryptocurrency by purchasing 11 Bitcoins, worth around €1 million ($1.04 million).
The new state legislation would position Texas “at the forefront of the digital economy,” Senator Charles Schwertner noted. The post Texas Senator Files Bill to Establish First State-Level Bitcoin Strategic Reserve appeared first on Cryptonews.
According to CryptoQuant's latest weekly report, Bitcoin (BTC) could target a price range between $145,000 and $249,000 in 2025. The report cites rising institutional capital inflows and favorable crypto regulations as key drivers of Bitcoin's potential price appreciation.
Bitcoin (BTC) has been projected to double its value by the end of 2025, reaching $200,000. This bullish prediction comes from a prominent pseudonymous market analyst, Stockmoney Lizards, who suggests that Bitcoin is “half-way to the top,” signaling ample room for future price growth.
Yesterday, Bitcoin reentered the $100K range, recording a sharp single-day growth of 4.06%. Since the start of 2025, the Bitcoin market has seen a growth of 6.65%. With a growth of 2.9%, in the last 24 hours, the market has outperformed the overall crypto sector.
Matt Hougan thinks the burgeoning trend of corporate Bitcoin (BTC) purchases is only beginning.
Bitcoin briefly touched $100,000 on Wednesday following a report showing signs of cooling U.S. inflation.
Bitcoin has surpassed the $100K psychological level once again for the first time in the past two weeks, thanks to January 15, 2025, the US Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) increased by 0.4% last month. This has triggered a massive $755.
Robert Kiyosaki, renowned financial guru and Bitcoin supporter, widely known for authoring a classic book on finance management “Rich Dad Poor Dad”, has made yet another bullish Bitcoin price prediction.
The cryptocurrency market was strongly bullish today, with Bitcoin (BTC) reclaiming the $100,000 mark and XRP reaching a record high of $3.18. The global crypto market cap surged to $3.5 trillion, up 3.7% in the last 24 hours. The total crypto market trading volume over the past 24 hours has surged to $155.
Oklahoma Rep. Cody Maynard introduced the 'Strategic Bitcoin Reserve Act' that would allow the state's public funds to invest in bitcoin.
Spot Bitcoin exchange-traded funds in the United States saw a return to inflows on Jan. 15, as Bitcoin briefly surpassed $100k following the release of U.S. December Consumer Price Index data.
The total crypto market cap gained around 2 percent in the past 24 hours to hover about $3.63 trillion on Thursday, January 16, during the early European session.
The crypto market today has been riding a bullish wave, after the announcement of the U.S. CPI numbers. The market cap has seen a 3.35% increase to an impressive $3.49 trillion. With fueling optimism, the trading volume has surged 21.64% in the past 24 hours to $155.02 billion.
Bitcoin briefly soars above $100,000 while altcoins like XRP, XLM, and Solana surge significantly in the last 24 hours. The post Bitcoin Surges Above $100k, Ripple (XRP) Climbs Above $3 As Market Turns Green appeared first on Cryptonews.
The US Department of Justice (DOJ) has stated that around $9 billion in Bitcoin, taken from the crypto exchange Bitfinex in a 2016 hacking incident, ought to be returned to the exchange. This claim arises from a legal document submitted by the DOJ, which indicated that there are no recognizable victims in this specific case within the existing legal structure.
SEC chair warns most crypto tokens lack compliance and face uncertain futures, while bitcoin, compared to gold, stands as a speculative but enduring asset. SEC Chief: Bitcoin Sets the Standard While Crypto Tokens Face Tougher Laws Outgoing U.S.
Bitcoin (BTC) exhibited a strong rally on Wednesday, spearheading a market surge as the total cryptocurrency market capitalization rose 3.82% to $3.49 trillion within 24 hours.
Binance Open Interest surged approximately $500 million just two hours after the CPI results “brought smiles to the faces of crypto investors,” says an analyst.
Is the era of bonds and treasuries ending? Hunter Horsley's tweet suggests a nation might adopt Bitcoin ETFs for reserves.
Tether filed a lawsuit against Bitcoin financial services company Swan Bitcoin for alleged breaches of contract.
Bitcoin Spot ETF Inflows hit $755 million on January 15, reversing prior outflows.
HashKey's annual market forecast reveals 50% of respondents expect Bitcoin to triple current levels as institutional adoption accelerates.
Bitcoin outperformed crypto hedge funds by delivering an impressive 120% return, a feat that left the returns of many hedge funds in the dust. While crypto hedge funds posted strong double-digit gains, they could not compete with the remarkable growth of Bitcoin, which continues to dominate the cryptocurrency market.
Spot Bitcoin ETF flows have once again turned net positive after the drop in the core CPI for December, which triggered a rally in global equity and crypto markets. On Wednesday, net inflows into BTC ETF skyrocketed to $755 million with Fidelity's FBTC leading the charge with $463 million in inflows.
Oklahoma introduces a bill to establish Bitcoin as a strategic reserve asset, allowing state pension funds and savings accounts to allocate a portion of their assets to the cryptocurrency.
The crypto market is experiencing unprecedented excitement. Indeed, Bitcoin, the undisputed leader of the sector, is nearing the symbolic threshold of 100,000 dollars, a level that signifies much more than just a simple increase in value.
Bitcoin finds itself at a pivotal moment following a rollercoaster start to the week. The price experienced a sharp crash, plunging to $89K before staging an impressive recovery to reach $97K.