Tokyo-listed mobile game developer Gumi Inc. has announced plans to acquire Bitcoin worth 1 billion Japanese yen (approximately $6.58 million). The post Tokyo Game Studio Gumi Inc. Announces Plan to Purchase $6.58 Million in Bitcoin appeared first on Cryptonews.

Bitcoin has crossed back above $98,000 after dipping slightly when US President Donald Trump announced tariffs on aluminum and steel as part of an escalating US trade war.

Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here's where this could lead the asset's price.

The crypto market today has posted a minor recovery, with the market cap inching up by 2.08% to reach the landmark of $3.22 trillion. Despite this change, the volume of trades took a hit of 2.21%, settling at $96.3 billion.

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

Florida Senator Joe Gruters has introduced a bill that could pave the way for public funds to be invested in Bitcoin. Known as “SB 550: Investments of Public Funds in Bitcoin,” this proposed legislation would grant Florida's Chief Financial Officer (CFO) the authority to invest various public funds in Bitcoin and other digital currencies.

Santiment's social tracker shows top layer-1 blockchains are dominating 44% of the discussion on social media, while the top six memecoins are at 4%.

Strategy, formerly MicroStrategy, has acquired 7,633 BTC following its rebrand, increasing its total holdings to 478,740 BTC.

The pro-crypto stance of US President Donald Trump is reverberating across global markets, particularly in Japan, where one company's bold pivot to Bitcoin accumulation is generating extraordinary returns for its shareholders. Shares of Metaplanet Inc.

An Alabama resident on Monday confessed to hacking the SEC's X account and posting a fake Bitcoin (CRYPTO: BTC) exchange-traded fund approval message, causing millions of dollars in market losses. What Happened: Eric Council pleaded guilty to conspiracy to commit aggravated identity theft in a federal court in Washington, D.C.

Bitcoin, long the absolute master, looks helpless as Ethereum steals the spotlight: 793 million injected against 407 million, a Trafalgar blow to the ETP market.

A significant amount of dormant Bitcoin has been moved after sitting untouched for 7 to 10 years, fueling speculation within the crypto community regarding the potential market impact. According to CryptoQuant analyst Dan, approximately 14,000 BTC, valued at over $1.3 billion, was transferred.

The company said it expects to earn secondary revenue from staking its surplus bitcoin into Babylon, a bitcoin staking protocol.

Elon Musk's company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without even adding to its stash thanks to Bitcoin's rally past $109,000. The company still holds 11,509 BTC, as confirmed in Tesla's SEC filing released Monday.

Crypto Market (Feb 11): Traders and investors are once again optimistic as Bitcoin and altcoin prices gained a notable upward movement on Tuesday. BTC price jumped nearly 2% in the past 24 hours, whereas altcoins mainly mimicked an uptrend.

Bitcoin exchange outflows hit a record 47,000 BTC, signaling potential accumulation ahead of Powell's testimony and inflation data.

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.'s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust.

The bill limits investments to Bitcoin exchange-traded products only but includes various state funds such as pensions and insurance.

Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase's CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum.

Bitcoin shows signs of recovery as analysts highlight dormant coin movement and the current state of the MVRV ratio.

Bitcoin price is consolidating above the $96,200 support zone. BTC is showing a few positive signs and might attempt to rally above $99,000.

The cryptocurrency market experienced a significant uptick in investor interest last week, as inflows soared to $1.3 billion. This marks the fifth consecutive week of positive inflows, signaling continued confidence in the digital asset space, despite recent price fluctuations.

On-chain data shows Bitcoin just got harder to mine as the network Difficulty has witnessed an increase during the latest adjustment. Bitcoin Difficulty Has Just Set A New All-Time High According to data from CoinWarz, the Bitcoin Difficulty has gone up in the most recent adjustment.

Bitcoin pioneer Hal Finneys 2011 prediction of a $1 million BTC is gaining attention as Bitcoin recently surpassed $100,000. Finney, the first person to receive Bitcoin from Satoshi Nakamoto, foresaw BTCs potential as a global currency, estimating it could be worth millions of dollars each if it became dominant.

Peter Schiff is once again challenging Bitcoin (BTC) enthusiasts, pointing out a key inconsistency in its market cap relative to golds. In 2021, when BTC hit its all-time high of $69,000, its market cap was 10.72% of golds.

Proton, a privacy-focused company known for its encrypted services like Proton Mail and Proton VPN, has officially launched its self-custodial Bitcoin wallet across iOS, Android, and web platforms. This release follows a successful early access phase with over 100,000 testers.

U.S. endowment funds are increasingly investing in cryptocurrency as Bitcoins value soars. Emory University disclosed millions in Grayscales Bitcoin ETF holdings in October, while the University of Austin plans a $5 million Bitcoin fund to grow its $200 million endowment.

Coinbase (NASDAQ:COIN) CEO Brian Armstrong has weighed in on Bitcoins (BTC) rapid adoption, responding to a post by Mario Nawfal on X. Nawfal cited BlackRock (NYSE:BLK), stating crypto adoption is 43% faster than mobile phones and 20% faster than the internet, with over 300 million users in just 12 years.

Bitcoin rebounded on Monday after a weekend slump, rising 2.1% to $97,311. The worlds largest cryptocurrency had lost over 4% last week as escalating U.S.-China trade tensions spooked investors.

It's harder and harder for solo Bitcoin miners to successfully win a block, but they do hit the jackpot from time to time.

Ripple's legal battle with the SEC drags on as market watchers eye Paul Atkins' confirmation. Will regulatory clarity boost XRP's price?

Tesla's SEC filing reveals 11,509 bitcoin worth $1.119 billion, with a $589 million unrealized gain under new accounting rules, reinforcing its bullish crypto position. Tesla Reports $1.07 Billion in Bitcoin Tesla Inc. filed its annual 10-K report with the U.S. Securities and Exchange Commission (SEC) on Jan. 29 for the fiscal year ended Dec.

The American state of Florida could be one of the pioneering local governments that allows a percentage of its state funds for cryptocurrency investments, particularly Bitcoin. Florida Senator Joe Gruters has filed a bill that would permit the US state to use 10% of its funds to buy Bitcoin.

After a massive run with memecoins over the past few weeks, the crypto community is returning back to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and other Layer-1 protocols. According to data insight from Santiment, Layer-1 networks have collectively seeing 44.2% of social discussions on specific coins.

Bitcoin is now experiencing a break from last week's steady decline, which saw the asset drop as low as $94,000. As of today, BTC's price has steadily climbed, hovering above $97,000 at the time of writing—a 1.3% gain in the past day.

Anthony Scaramucci, the founder of Skybridge Capital, recently expressed his bullish stance on Bitcoin, predicting that 2025 will be an exceptionally favorable year for the leading cryptocurrency. Appearing on CNBC, Scaramucci highlighted that Bitcoin's price is nearing the $100,000 mark, signaling an optimistic outlook for the asset in the near future.

Core DAO and Element Wallet are collaborating to expand Bitcoin's utility for holders, offering new avenues for interaction beyond simple storage. This partnership emphasizes user privacy while aiming to maximize the security of decentralized finance (DeFi) mechanisms like Bitcoin staking.

Bitcoin's Funding Rates have hit zero, a level that has historically signaled major rallies. Can BTC maintain support above $90K?

North Carolina joins the trend of states considering investments into digital assets, only this bill is focused on Bitcoin ETFs.

Legislative proposals in Florida and North Carolina look to incorporate Bitcoin into state financial strategies. These bills outline investment limits and regulatory guidelines, positioning the states among a growing list considering Bitcoin reserves as part of their fiscal policies. The post North Carolina and Florida Push for Bitcoin Reserves appeared first on Cryptonews.

Uncertainty has dominated Bitcoin and the broader crypto market over the past few weeks, leaving investors anxious about the short-term direction. Bitcoin has struggled to reclaim the psychologically significant $100K mark while also managing to hold above key demand levels near $96K.

A solo Bitcoin miner defied the odds, successfully mining an entire Bitcoin block and securing a $300K reward. This rare occurrence highlights the challenges of bitcoin mining as large pools dominate the network, reducing the chances for independent miners to achieve similar success. The post Solo Bitcoin Miner Has Mined An Entire Bitcoin Block Worth $300K appeared first on Cryptonews.

Kiyosaki predicts a major market crash in 2025, calling it the “Greatest Depression.” He recommends investing in gold, silver, Bitcoin, and real estate to protect wealth.

North Carolina lawmakers have introduced a bill allowing the state treasurer to invest up to 10% in Bitcoin (BTC) and other qualifying digital assets.

Bitcoin (BTC) balances on OTC desks are getting depleted, sinking to an all-time low. Demand for BTC is slowing, but still at a higher baseline, as whales keep accumulating.

Bitcoin has endured a volatile and bearish week, marked by extreme price swings and uncertainty. Last Monday, the cryptocurrency experienced a sharp drop of over 9% in less than 24 hours, only to recover 11% a few hours later, showcasing the unpredictability of the market.

A bill was introduced in the North Carolina House of Representatives on Monday to allow the state treasurer to invest in qualified digital assets to create a reserve fund. Although the bill does not mention Bitcoin, it is the only cryptocurrency that would qualify under the provisions of the bill.

Ethereum-related funds outpaced Bitcoin for the first time this year after investors last week saw a buying opportunity for the coin.