A closely followed crypto analyst says that a big stock market rally that will boost Bitcoin (BTC) and digital assets appears to be just over the horizon.
Bitcoin's price risks further decline amid persistently weak demand and liquidity, according to a Cryptoquant report released on Wednesday. Cryptoquant Warns of Bitcoin Downturn Amid Historic Liquidity Slowdown In a Feb.
New Jersey-based investor Stephen Weiss took profits from his Bitcoin position via BlackRock's iShares ETF.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
The Canadian online meal delivery service Goodfood bets on Bitcoin, following in Strategy's footsteps.
Lightspark Co-Founder and CEO David Marcus explained how his firm is building a global, neutral, real-time money network on Bitcoin.
"We, central bankers, should study it and explore the technology on which it is built. Studying Bitcoin will not harm us – on the contrary, it will strengthen us," said Aleš Michl, governor of the Czech National Bank (CNB).
The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X.
Crypto markets are trending higher on Wednesday, driven by optimism around potential altcoin spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,045.95 +2.4% Ethereum (CRYPTO: ETH) $2,711.43 +3.5% Solana (CRYPTO: SOL) $168.94 +3.1% XRP (CRYPTO: XRP) $2.66 +7% Dogecoin (CRYPTO: DOGE) $0.2518 +2.4% Shiba Inu (CRYPTO: SHIB) $0.00001531 +2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 4%.
Bitcoin rewards company Fold began trading on the Nasdaq Wednesday under the ticker FLD, with shares rising after the start.
Blockstream CEO Adam Back believes Bitcoin (CRYPTO: BTC) is entering a fresh bull market, citing strong inflows from ETFs and institutional investors. What Happened: "We're certainly in the early stages of a bull market," Back told CNBC on Wednesday, emphasizing the growing demand for Bitcoin among financial institutions.
On Wednesday, Satya Nadella, chairman and CEO at Microsoft, unveiled a quantum computing breakthrough featuring the company's Majorana 1 chip. This achievement, notably his remark about a “clear path to a million-qubit processor,” has already sparked discussions about Bitcoin's alleged vulnerability. Microsoft's Majorana 1 Chip Ignites More Quantum vs.
Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.
Bitwise Asset Management has donated $250,000 to support Bitcoin and Ethereum development, marking its first contributions under the commitment to reinvest 10% of its ETF profits annually.
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's trimming his bitcoin position.
As Bitcoin hovers around 96,000 dollars, Ki Young Ju, CEO of CryptoQuant, asserts that a major correction should not jeopardize the bull run in 2025. This analysis comes amid a context of growing institutional adoption, particularly by U.S. states.
BlackRock's iShares Bitcoin Trust (IBIT) ETF has had an impressive start since 2024, drawing attention from institutional investors and securing significant growth. However, it faces several challenges that may hinder its long-term adoption and growth potential.
Bitcoin (BTC) continues to consolidate below $100,000, but technical indicators, alongside the asset's relationship with Tether (USDT), could signal a new record-high path towards the $150,000 mark.
Several factors are setting the stage for a "massive wave of maybe 10, 20 years of bullish" price action for Bitcoin, according to Mow.
Bitcoin's on-chain activity has been declining, with transaction counts, UTXO numbers, and fees all dropping significantly in the past three months. At first glance, this might seem like a negative signal, suggesting reduced demand or waning network usage.
Bitcoin investment platform River revealed in research that Bitcoin ownership had changed in 2024. The firm noted that the largest holders of BTC include Satoshi Nakamoto, companies like MicroStrategy, Tesla, and BlackRock, “Bitcoin Whales,” and governments.
A Chainalysis report reveals that cryptocurrency has become a critical tool for capital flight in Iran as geopolitical tensions and economic instability drive individuals and businesses to bypass stringent financial sanctions. Report Shows Economic Turmoil and Sanctions Push Iranians Toward Cryptocurrency Cryptocurrency outflows from Iran surged to $4.
Bitcoin's price has recently bounced from a key support level, located just below the 78.6% retracement, which has been a focal point in the last few days. The price formed a local low and attempted a move to the upside.
Bitcoin sways under a threatening sky, and nearly 300 million dollars vanish in the storm. Traders, like tightrope walkers, are scrutinizing the bar at 96,000 dollars.
Howard Lutnick, the former CEO of Cantor Fitzgerald and a vocal proponent of Bitcoin, has been confirmed as the United States Secretary of Commerce. With a tight 51-45 vote, the Senate confirmed his appointment, putting him in charge of a department that oversees critical economic areas such as trade, economic data, and industry regulation.
Deeply oversold Stoch RSI has preceded major ETH rallies against BTC - Is momentum shifting?
Bitcoin price weakness sets it firmly apart from rampant gold gains as a brutal range refuses to budge.
Institutional investment managers with at least $100 million in equity assets under management recently filed Q4 2024 13F reports.
Dogecoin struggles in a correction phase with declining price and network activity. Despite short-term bearish trends, DOGE maintains strong fundamentals with potential catalysts ahead.
Institutional investors bought $38.7 billion worth of the spot bitcoin exchange-traded funds in the fourth quarter, filings with the Securities and Exchange Commission revealed.
BTC-backed loans could be a great way for traditional finance institutions to engage with crypto at scale, says BlockFill's Ari Pine.
BTC continues to trade within a tight range as investors monitor the macroeconomic landscape and gauge conflicting market signals. Conflicting Market Pressures See BTC Stabilizing at $96.5K Bitcoin (BTC) is maintaining a cautious upward trajectory, trading at $96,540.34 at the time of reporting. This marks a modest 0.
MicroStrategy navigates like an insatiable giant. As bitcoin hovers around $96,000, the firm led by Michael Saylor has just unveiled a new bold move: a $2 billion convertible bond issuance aimed at boosting its bitcoin treasury.
Ales Michl, the governor of the Czech National Bank (CNB), has opined that Bitcoin should not be lumped together with other cryptocurrencies.
Digital assets investment firm Bitwise has donated $150,000 to Bitcoin open-source developers. In an announcement on X, the firm said three Bitcoin non-profits, Brink, Open Sats, and Human Rights Foundation (HRF), will be responsible for allocating the funds.
Bitcoin is somewhat recovering from a brief dip to $93,000, currently trading at $96,000, but the currency has been lagging Nasdaq.
Having USDT on Bitcoin and Lightning creates a potential threat to Bitcoin's security and is a stain on the soul of Bitcoin.
A new study sheds light on the common phenomenon of cryptocurrency tokens experiencing sharp price declines after achieving all-time highs. The research identifies key factors contributing to both the rise and subsequent fall of popular digital assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Bitcoin (BTC) price suffered a flash crash from $100,000 to a low of $91,300 on February 3. Bitcoin has consolidated in the range between $95,500 and $99,000 since the crash, and altcoins struggle to gain as BTC dominance hovers close to its four-year peak.
Crypto analyst Akademik, who called the Bitcoin price crash early has revealed his total predictions for the flagship crypto's trajectory in the short and mid-term. Based on these predictions, BTC is set to experience a further crash which could send its price to as low as $80,000.
The market remains under bears' pressure, according to CoinMarketCap.
Utah's Bitcoin strategic reserve bill, “H.B. 230” is now one step closer to getting approved.
While Aleš Michl does not advocate for Bitcoin as a primary reserve asset, he believes central banks should explore its potential benefits and risks. The post Central Banks Should Study Bitcoin, Not Avoid It, Says Czech National Bank Chief appeared first on Cryptonews.
Czech National Bank (CNB) Governor Aleš Michl has urged central bankers to study Bitcoin, emphasizing that it should not be grouped with other digital assets. In a Feb. 19 post on X, Michl stated that central banks should examine Bitcoin and its underlying technology rather than dismissing it alongside other digital assets.
TL;DR CryptoQuant CEO Ki Young Ju asserts that Bitcoin could fall to $77,000 without losing its bullish cycle, reinforcing confidence in its long-term stability. Historically, 30% corrections have been normal in previous Bitcoin bull markets and have served as a foundation for new upward moves.
The firm, which holds 1,000 BTC, went public on the Nasdaq Wednesday via a SPAC merger.
An ETF analyst projected that institutional ownership in BTC ETF could follow gold and surge to 40%.
The Bitcoin Layer 2 network's capacity currently stands at around $500 million after strong growth in 2024.