Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies.
El Salvador, the first country to recognize Bitcoin as legal tender, has made a significant policy adjustment, shifting away from mandatory Bitcoin acceptance in the private sector.
El Salvador's Congress passed a legislative amendment on Wednesday to alter the country's Bitcoin (CRYPTO: BTC) policy, making its acceptance voluntary rather than mandatory. What Happened: The move, introduced by President Nayib Bukele, was approved as part of efforts to meet conditions set by the International Monetary Fund in a $1.4 billion loan agreement, according to Reuters.
Avalanche, a decentralized finance (DeFi) focused smart contract blockchain, saw a significant decrease in transaction costs following its December 16th upgrade, known as Avalanche 9,000. This upgrade has successfully reduced usage fees by approximately 75%, making it more affordable for users.
Through an informal on-chain voting process that commenced on January 21, the Ethereum community voted Danny Ryan as the next leader of the Ethereum Foundation. The vote, initiated by the “votedannyryancom” campaign, comes at a time when EF is facing criticism for its leadership and governance strategies.
Less than 24 hours after the much anticipated Plomin hard fork, Cardano (ADA) has recorded notable price movement on the broader cryptocurrency market. ADA's price registered a 5% surge that saw it trade at $0.97 as investors flocked in.
Grayscale's new ETF, MNRS, tracks Bitcoin mining firms and infrastructure, offering investors exposure to the mining industry without direct BTC investment.
Ripple price had a strong performance in January, outperforming popular cryptocurrencies like Bitcoin and Ethereum. Ripple (XRP) rose by over 50%, while Bitcoin (BTC) jumped by 12%, and Ethereum (ETH) fell by 6%.
On-chain investigator ZachXBT reported that Ripple was compromised for approximately 213 million XRP, valued at around $112.5M. In a recent post on X, ZachXBT flagged suspicious Ripple (XRP) transfers worth around $112.
Ales Michl, governor of the Czech National Bank (CNB), has revealed plans to propose adding Bitcoin to the bank's reserves, signaling a potential shift in national asset diversification strategy.
Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA. The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels.
Metaplanet recently announced its plans to accumulate 10K Bitcoins by the end of 2025 and at least 21K by the end of next year.
This expands Robinhood's crypto offerings, giving users more ways to trade digital assets. This new feature from Robinhood lets users trade on price moves without owning BTC.
El Salvador's Legislative Assembly approved reforms to the nation's Bitcoin Law, altering key aspects of its applicability.
Dogecoin is consolidating at a crucial Fibonacci support level, with Elliott Wave analysis suggesting a potential Wave 5 rally. However, bearish pressure remains, making the next move critical for DOGE's trajectory.
Ethereum sellers have struggled to push the asset below the crucial $3K support for months, while recent price action suggests a bullish rebound. However, ETH remains confined between the 100-day MA at $3.3K and the 200-day MA at $3K.
Grayscale has just launched its new Bitcoin Miners ETF, marked with the ticker MNRS, opening up a fresh way for investors to gain exposure to the growing Bitcoin mining industry.
The crypto world is buzzing with excitement! Ripple (XRP) and Solana (SOL) are showing strong bullish momentum, with experts predicting new highs this month.
As much as Donald Trump's re-election triggered a massive rally across multiple assets, XRP significantly benefited from the confirmation that the now-former Securities and Exchange Commission (SEC) Chair Gary Gensler would resign on January 20.
Norway's indirect bitcoin exposure via its sovereign wealth fund has risen to 3,821 BTC, according to K33 analyst Vetle Lunde.
Cryptocurrency analyst and trader Ali Martinez has published fresh data revealing a potential threat to the current bull market. He revealed a critical Bitcoin price level that must not be crossed by bears.
El Salvador makes Bitcoin acceptance voluntary in order to comply with an IMF loan agreement. The government intends to continue acquiring Bitcoin despite policy changes.
The Salvadoran government has urgently passed a major amendment to its bitcoin legislation, abandoning the requirement for companies to accept BTC as a means of payment. This reform comes as part of a $1.4 billion loan agreement with the International Monetary Fund (IMF).
Is Texas setting the stage for a financial revolution with its Bitcoin Reserve plans?
Donald Trump has been accumulating Ethereum (ETH) over the past few weeks, causing people to wonder what his plan is with crypto. His World Liberty Financial just another $10 million worth of ETH amid the ongoing downtrend. On the other hand, IntelMarkets (INTL), a relatively new AI-based coin, has risen by over 810%.
The tussle between DOGE, BONK, and DTX leaves experts questioning the price hikes these can achieve after ETF approval. DTX, BONK, and Dogecoin prices are sure to shoot.
In the most recent development, Grayscale has rolled out Bitcoin Miners ETF with a ticker MNRS to support Bitcoin Mining and related ecosystems. Grayscale already offers Spot Bitcoin ETF with Spot Ether ETF, and MNRS is now the latest entrant to ETF investments by the asset management firm.
As January ends and February looms on the horizon, the cryptocurrency market is buzzing with anticipation for what many analysts predict could be the start of an altseason in Q1 of 2025, following the Bitcoin halving year's historical trend. This period is often marked by significant price movements in altcoins, with several already showing promising
Illinois has taken a significant step towards integrating crypto into its financial framework with the introduction of House Bill 1844 (HB1844).
Bitcoin is "hanging in there" despite the Fed causing volatility in the equities market, according to Santiment.
Norway's sovereign wealth fund saw a 153% year-over-year increase in indirect bitcoin exposure in 2024, according to K33 Research.
Tesla has announced a $600 million paper gain from its Bitcoin holdings in the fourth quarter of 2024, attributed to new accounting regulations.
JPMorgan analysts have identified that Bitcoin exhibits its highest correlation with small-cap tech stocks, particularly those in the Russell 2000 tech sector.
The crypto market is buzzing with significant whale transactions, hinting at major price movements for Ethereum (ETH). With institutional capital flowing in through ETFs, Ethereum's outlook is becoming increasingly bullish.
Illinois has proposed a bill for a state-run Bitcoin reserve. The state has a goal to use the world's first crypto as a financial savings technology.
Dogecoin's sudden 25% turmoil shifts investor confidence to AI-powered platform IntelMarkets as this ERC-20 token soars ahead with a potential 8,900% rally in 2025.
Bitcoin (BTC), the world's largest cryptocurrency, has once again defied market expectations by surging past the $105,000 mark. Despite the Federal Reserve maintaining its hawkish stance on interest rates, the digital asset continues to show resilience, demonstrating its ability to decouple from traditional markets.
Dogecoin (CRYPTO: DOGE) has caught the interest of traders following the first application for a Dogecoin spot exchange-traded fund. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3319 $49 billion +1.3% -4.6% Shiba Inu (CRYPTO: SHIB) $0.00001865 $11 billion +1.3% -6.1% Pepe (CRYPTO: PEPE) $0.00001306 $5.5 billion +2.8% -12.2% Trader Notes: Technical analyst Kevin believes DOGE is poised for an “explosive” move up once Bitcoin regains momentum.
After what was generally perceived as a bullish FOMC meeting on Wednesday, Bitcoin (BTC) and altcoins are surging higher. Solana (SOL) and Sui (SUI) are leading the altcoin pack.
Once more, the price movement of Dogecoin draws attention. An analysis shows that DOGE may climb by 30% should positive momentum continue, therefore guiding the meme coin towards $0.43.
Standard Chartered see bitcoin reaching $130,000 in the next two months as institutional inflows accelerate and market sentiment shifts.
Ripple's XRP has outperformed most top cryptocurrencies this month. In the last 30 days, XRP has rallied by 52%, pushing the altcoin's market capitalization to $178 billion.
As XRP eyes a potential surge to $4, this new AI-driven altcoin, has garnered $1.2 million from Solana whales, positioning itself as a top investment opportunity.
Standard Chartered‘s Geoffrey Kendrick on Thursday predicted that Bitcoin (CRYPTO: BTC) will reach a new all-time high in the coming days, forecasting a price range of $112,000 to $130,000 for February and March. Kendrick's bullish outlook follows a recent market correction and is supported by various factors, including improved market positioning, positive regulatory developments and potential central bank adoption.
Crypto analyst Michaël van de Poppe said that there is a high chance Bitcoin will hit a new all-time high in the coming weeks.
The XRP Ledger (XRPL) is poised for a major upgrade with the launch of an AMM feature for RLUSD, while XRP continues to trade steadily at $3.10.
Crypto Autos, a global car marketplace, has integrated Solana into its system. With this, you can buy a luxury car using cryptocurrency while enjoying fast, secure, and transparent transactions.
The cryptocurrency market is alive with excitement as Dogecoin (DOGE) and Cronos (CRO) experience impressive rallies this cycle.