The Japanese mobile gaming firm Gumi plans to accumulate more than $6.5 million worth of Bitcoin (BTC) as part of a new corporate strategy. A translated announcement from the gaming company indicates the firm will invest 1 billion yen (equivalent to $6,558,150 at time of writing) between now and May to acquire the crypto.
After the latest CPI data revealed that inflation picked up in January, following a trend of higher rates over the past three months, the overall market mood has soured. However, the price of BNB (Binance coin) is still rising, maintaining its upward trend despite increasing bearish pressure. Additionally, it has recently flipped Solana's market cap.
TL;DR io.net launched IO Intelligence, a platform that integrates vector databases, intelligent agents, and open-source AI models. Its distributed architecture allows data to be processed locally while delegating intensive tasks to the cloud, improving privacy and performance.
The altcoin market has shed $234 billion over the past two weeks, marking one of the largest devaluations in history. While bitcoin has remained volatile, it has shown resilience compared to the widespread sell-off across the broader crypto landscape.
Bitcoin (CRYPTO: BTC) and the broader crypto market briefly dipped in mid-day trading, reflecting worries over accelerating inflation. What Happened: Crypto analyst Ali Martinez commented “not good” on the unexpectedly high inflation numbers as analyst Kevin pointed out that headline inflation above 3% is a bearish signal and reinforces the idea that altseason is still far off.
With Bitcoin (BTC) struggling to hold above $98,000 amid a lack of strong fundamental catalysts, market sentiment has turned increasingly cautious.
TL;DR Franklin Templeton has integrated its FOBXX fund into Solana to leverage its speed and security, expanding its availability beyond networks like Ethereum, Base, and Polygon. The fund maintains a stable $1 per share price and is backed 99.5% by U.S. government securities, cash, and repurchase agreements.
Bitcoin ETF outflows continue as Powell's rejection of rate cuts and high inflation trigger a pullback from institutional investors. However, the Ethereum ETF market performed well, showing strong confidence and investor appetite for buying the dip.
Bitcoin (BTC) continues to move within its one-week range after recovering from its recent drop to $91,000 but has failed to reclaim support above the $98,000 mark. Some analysts consider that BTC's sentiment will remain neutral while it regains this support zone and builds up momentum toward a new high.
Franklin Templeton, a leading trillion-dollar asset management firm, has expanded its offerings by launching a tokenized version of its US government money fund on the Solana blockchain.
Short-term holders (STH) of BTC may extend their holding period.
In a recent development, as per a recent Newyork post, President Trump facilitated a prisoner swap, where Russian prisoner Alexander Vinnik was exchanged for American teacher Marc Fogel. Vinnik had been arrested in 2017 in Greece and was later sent to the US and France to face charges related to fraud and money laundering.
Bitcoin (BTC) experienced a sharp stall at the $98,000 mark and dropped to $95,000 after Federal Reserve Chairman Jerome Powell delivered a hawkish outlook on the future of interest rate cuts. Powell, during his semi-annual testimony to Congress on February 12th, stated that the Federal Reserve was “not in a hurry to change its policy stance” and emphasized that the current monetary policy was less restrictive than before.
Franklin Templeton has officially expanded its tokenized money market fund to Solana. The asset manager, whose crypto traction includes the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund on Solana (SOL).
The U.S. may trigger a surge in institutional adoption of Bitcoin (BTC) as different states are making advancements in legislation regarding the digital asset. Notably, 20 states have put forward legislative proposals to establish Bitcoin reserves for their respective governments.
The first inflation report of 2025 came in hotter than expected, showing a 3% increase in the CPI for January compared to the previous year. It showed an uptick from December, but more importantly, a number that outpaced analyst projections.
The Ohio House Republicans have proposed allowing state investments in Bitcoin. This move reflects a broader trend of state-level interest in digital currencies as viable investment options.
Galoy founder and CEO Nicolas Burtey wants to help more borrowers use bitcoin as collateral for loans while introducing open-source software into the traditional banking stack.
Solana (SOL), the fifth largest digital asset by market cap, has once again slipped below the crucial $200 mark as the broader cryptocurrency market remains in the red. The pullback comes amid a general market drop, with major cryptocurrencies struggling to maintain recent gains.
The move comes after Securitize linked to Solana to bring tokenized real-world assets to the network.
In a notable divergence from the prevailing cryptocurrency market downturn, Litecoin (LTC) has experienced a significant rally over the past few days. This surge is attributed to increased accumulation by large investors, commonly referred to as “whales,” indicating a growing confidence in LTC's potential for further gains.
Nasdaq-listed SBC Medical plans to inject 1 billion yen to buy more Bitcoin over the next 2 months.
Not much has been happening on the cryptocurrency market lately. So "not much" that speculation is becoming abnormal and creating patterns that rarely appear on the price charts of our beloved digital assets.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a drop in large holder netflows, plunging by 44,431% in the last seven days.
The Swiss stock exchange group SIX has introduced a Digital Collateral Service, allowing financial institutions to use crypto assets alongside traditional securities as collateral.
The U.S. will release Russian Alexander Vinnik—who ran the BTC-e crypto exchange—in a prisoner swap after Moscow released an American.
Hotter-than-expected inflation data released Wednesday morning applied downward pressure on both traditional and crypto markets. Inflation Fears Push Bitcoin Below $96,000 Threshold Bitcoin (BTC) is struggling to maintain momentum, trading at $95,580.74 at the time of reporting. The leading cryptocurrency has declined 1.55% in the past 24 hours and is down 3.
Despite the future outlook, Bitcoin price remains volatile with $66 million liquidated from the market in the past 24 hours.
Litecoin price has done well since August last year, helped by the rising odds of a spot LTC ETF jumped. It has risen by about 127% from its lowest point in August last year, making it one of the top cryptocurrencies.
The Franklin OnChain U.S. Government Money Fund has integrated with the Solana blockchain, adding to its existing presence on multiple networks.
Hedera (HBAR) was also among the underperformers, dipping 3.9%.
And if Bitcoin rose from its ashes to brush against unexplored heights? As gold sets records, reaching apocalyptic peaks, eyes turn toward the king of cryptocurrencies.
Mike McGlone, Bloomberg's chief commodity strategist, believes that Bitcoin might further decline against gold in the near future.
Today, Sora Ventures and its affiliates assumed board control of Bitcoin-focused HK Asia Holdings following the filing of director appointments. Effective Feb. 12, 2025, the filing marks a transition from holding a stake to assuming management responsibilities in the Hong Kong-based list company.
Tie-up is meant to tokenize Brazilian asset-backed securities, consumer credit, corporate debt, and accounts receivable.
The Bitcoin (BTC) market has continued to surprise many investors as it sends conflicting signals to investors. This time, the action of institutional buyers reveals divergence in strategies as concerns the leading digital currency.
Not very much is happening these days on the cryptocurrency market as fear, greed, uncertainty and doubt took over and it seems that no concrete direction in which the prices on digital assets tend to lean is here yet.
Cryptocurrency analyst Benjamin Cowen highlights a growing imbalance in the market: capital is pouring into Bitcoin (CRYPTO: BTC) and meme coins, while other crypto projects struggle for attention. What Happened: In a podcast on Feb 11, Cowen highlights Bitcoin dominance has surged from 38-39% to 64%, which he calls a sign of the market "healing itself.
A bold Bitcoin price prediction from Adam Back, one of the earliest contributors to Bitcoin's development, has resurfaced, reigniting optimism about BTC's long-term potential.
The race for the next big crypto ETF is heating up, and Litecoin might just be leading the pack. Why do experts believe an LTC ETF could be the first to hit the market in 2025?
Though Bitcoin (BTC) entered 2025, backed by a tide of optimism, its front foot proved uncertain since the year started as the world's premier cryptocurrency not only failed to find a decisive new high but also to stay above the psychologically important $100,000 level.
An interesting discussion arose on the cryptocurrency market when Samson Mow, a renowned Bitcoin bull and advocate of $1,000,000 BTC, was recently confronted with a question regarding JAN3 - the company at which he is chief executive officer.
TL;DR Bitcoin's price dropped by 1.91%, while Ethereum and other cryptocurrencies also saw significant losses due to an unexpected rise in inflation in the U.S. for January. The Consumer Price Index (CPI) increased by 3% year-over-year, surpassing analysts' expectations, raising concerns about potential persistent inflation.
TL;DR Avalon Labs is considering launching a Bitcoin-backed public debt fund in the US under the SEC's Regulation A exemption. The company already offers products such as the USDa stablecoin, BTC-backed loans, and a crypto-linked credit card. In December, it raised $10 million in funding to expand its decentralized finance ecosystem on Bitcoin.
Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain's long-term security. Bitcoin's Transaction Drought Daily bitcoin (BTC) transactions have dropped to their lowest levels since late 2023, leaving the mempool—the queue of unconfirmed transactions—unusually empty.
Velar, a Bitcoin decentralized exchange protocol, has unveiled an initiative aimed at content creators in the Bitcoin DeFi space. The Content Creator Yield Program, the first of its kind, rewards creators for their contributions in the same way as yield farming.
In an X post, Franklin Templeton announced that its Franklin OnChain US Government Money Fund (FOBXX) is now live on the Solana network. The asset manager highlighted Solana's speed, security, and censorship-resistance, promoting global adoption through its open infrastructure.
Bitcoin sags as inflation worries return to crypto markets on the back of a grim January CPI print.