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.
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.
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.
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.
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.
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.
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.
Bitcoin's price dipped below the $100,000 mark during Monday's intraday trading session. While the leading coin's price has since rebounded to trade at $102,691 at press time, its short-term holders (STHs) still feel the sting of the temporary price drop.
Nasdaq-listed Nuvve is the latest company to announce a Bitcoin reserve: The green energy firm will allocate 30% of its cash to the asset.
Cryptocurrency markets are up amid growing market optimism, with significant inflows into Bitcoin ETFs during President Trump's first week in office and Metaplanet setting a goal of acquiring 10,000 BTC by the end of 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,051.29 +1.7% Ethereum (CRYPTO: ETH) $3,139.35 +1.2% Solana (CRYPTO: SOL) $231.28 +0.6% XRP (CRYPTO: XRP) $3.11 +5.9% Dogecoin (CRYPTO: DOGE) $0.3256 +0.06% Shiba Inu (CRYPTO: SHIB) $0.00001847 -0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 65.7% and daily active addresses grew by 22.3%.
Bitcoin (BTC) has experienced a notable downturn, shedding 5.88% in the past 24 hours. After reaching a high of $109,588 on January 20, the cryptocurrency has struggled in recent days, driven largely by broader market conditions.
Countries worldwide are exploring the adoption of a strategic Bitcoin reserve, primarily influenced by US President Donald Trump's pro-crypto stance. Over the last few months, several US states have proposed and passed the Bitcoin bill.
Chinese AI startup DeepSeek raised concerns as its overnight rise to prominence highlighted potential risks to American artificial intelligence and economic dominance. U.S.
10x Research founder Markus Thielen joins CoinDesk to discuss recent movements across the crypto markets and the tech stock crash following the selloff led by China's AI start-up DeepSeek. Plus, his price target for bitcoin in the upcoming months.
Bitcoin (BTC-USD) rebounds from the pricing pullback the cryptocurrency saw over the last two days, the coin now back trading above $100,000. Innovating Capital founder and general partner Anthony Georgiades joins Catalysts with Seana Smith and Alexandra Canal to discuss his outlook on bitcoin and the crypto space.