Bitcoin price is consolidating above the $95,500 support zone. BTC is showing a few positive signs and might attempt a recovery if it clears $100,000.
The cryptocurrency market experienced a downturn on Thursday, with the global market capitalization falling 1.4% to $3.15 trillion, amid significant developments in institutional adoption and mixed traditional market performance. Cryptocurrency Gains +/- Price (Recorded at 8.37 p.m.
Bitcoin (BTC) is showing strikingly bullish patterns as its price hovers around the $97,000 mark. Technical analysis points to a rare symmetry in Bitcoin's price action, comparing the pioneer cryptocurrency to past trends and predicting a sharp move to new all-time highs.
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.
Utah's Blockchain and Digital Innovation Amendments bill is on its way to the Senate for a vote.
Will BlackRock replicate the remarkable success of its U.S. spot Bitcoin ETF in Europe?
Bitcoin has been struggling to reclaim the $100K mark but remains resilient above the $96K level after a sharp market-wide selloff. Sunday night and early Monday saw a capitulation event, primarily affecting altcoins, leading to extreme volatility.
A closely followed crypto analyst says the $425 billion resistance level for the altcoin market cap may soon be broken.
Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, Bitcoin's dominance over the entire market is at 60.3% after a 4% increase in the past 24 hours.
Bitcoin has recently seen a surge, climbing to the $99K level following a buy recommendation from Eric Trump, son of former President Donald Trump. Despite Bitcoin's struggle to stay above the $100K mark, the cryptocurrency experienced a notable uptick after Eric Trump tweeted about the current opportunity to invest in Bitcoin, pushing the price back to nearly $99K.
Bitcoin is making what may be its fifth attempt to breach this psychological barrier as it approaches the much-anticipated $100,000 resistance level once more. The top cryptocurrency is now trading at about $98,166, demonstrating its strong resilience in the face of recent market turbulence.
The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal from BlackRock to allow in-kind redemptions for its spot Bitcoin ETF. The regulatory agency acknowledged the proposal in a Thursday filing, inviting public comments within 21 days of its publication in the Federal Register.
New Mexico has joined the BTC reserve race, which Arizona has a decent early lead while North Dakota and Wyoming bills failed.
Recently discovered on-chain evidence suggests Satoshi's legal name might be known to the crypto exchange Kraken—provided a few assumptions are true.
The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.
Driven by beliefs in bitcoin's potential for significant gains, some U.S. parents are shifting a portion of their children's college savings from traditional 529 plans to cryptocurrency. Disappointing 529 Returns Prompt Bitcoin Interest Some U.S. families are reportedly putting a portion of their children's college savings in bitcoin (BTC), believing the cryptocurrency typically outperforms stocks.
TMTG expands into finance with Truth.Fi brand, introducing America First-focused ETFs and managed accounts backed by $250M investment commitment.
Bitcoin's historical price data favors new all-time highs in Q1, but liquidity gaps below $80,000 could pull the price lower in the short term.
Czech Republic president Petr Pavel has signed a bill that exempts Bitcoin and other digital assets from capital gains tax after three years. According to a local news report, the move now removes some of the tax challenges facing crypto holders in the country.
Crypto industry executives and asset managers expect the Trump administration to usher in a regulatory climate conducive to innovation.
Bitcoin's scalability has been a hot topic for years, with discussions about its block size reaching new levels of intensity. According to a recent report from Mempool, a research firm specializing in Bitcoin data, the Bitcoin network could see its block size expand to 4 MB by late 2026, representing a significant growth from its current size.
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Despite Bitcoin having a robust global community, established infrastructure, and historical resilience, doomsayers are always predicting the apex crypto's downfall.
Bitcoin (BTC) investors may soon face increased volatility, with new concerns rising over large movements in Bitcoin holdings. A recent warning issued by prominent analytics firm CryptoQuant revealed that a massive 49,700 BTC, valued at around $5 billion, which had remained inactive for six to twelve months, are now being transferred.
Czech Republic advances crypto adoption with new law eliminating capital gains tax on long-term crypto holdings, set to align with EU's MiCA framework in 2025.
The U.S. Securities and Exchange Commission (SEC) has invited public comments on a proposal to convert Grayscale's Litecoin Trust into an exchange-traded product (ETP). The request follows an official acknowledgment of NYSE Arca's 19b-4 filing, submitted on behalf of Grayscale.
Bitcoin's correlation with global markets—attributed by some to increased institutional investment and algorithmic trading—challenges the narrative of it being a safe-haven asset, similar to gold. Bitcoin's ‘Safe Haven' Claim Challenged Following the U.S. imposition of a 25% tariff on Canadian and Mexican imports, bitcoin (BTC) briefly plummeted below $93,000, dragging the crypto market down.
Trump Media & Technology Group Corp (NASDAQ:DJT), the parent company of Truth Social, is expanding into financial services with a series of investment products under the "Truth.Fi" brand, the company announced Thursday. The move aligns with themes championed by President Donald Trump, including US energy independence, domestic manufacturing, and cryptocurrency.
Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.
The co-founders of market intelligence firm Glassnode are identifying one nascent crypto sector that looks particularly strong while updating their outlook on Bitcoin (BTC).
On today's episode of CNBC Crypto World, bitcoin continues its slide and falls to the $96,000 level. MicroStrategy rebrands itself to Strategy and provides an update on its goal of raising $42 billion in capital.
Palantir Technologies rallied 356% over the last 12-months to hit new highs and outperform Bitcoin's 1-year performance. Are the gains purely speculative?
As Germany prepares for its parliamentary election on February 23, political parties are outlining their plans for the economy and finance. The far-right Alternative for Germany (AfD) is making bold proposals, including leaving the euro currency bloc and deregulating Bitcoin.
Just days after President Donald Trump's media firm launched its Truth.Fi fintech venture, it's already plotting Bitcoin investment products.
Bitcoin oscillated between $95,850 and $96,234 in the past sixty minutes, boasting a valuation of $1.917 trillion, a global volume footprint of $47.52 billion, and a daily price spectrum stretching from $95,850 to $99,131. It now lingers 11% beneath its historic lifetime price high.
Bitcoin maintains its position around 98,000 dollars at the opening of Wall Street on February 6, as analysts closely scrutinize technical indicators to anticipate the next direction of the market.
Don't use leverage, and don't overexpose yourself to it.
Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors.
Corn network adopts Chainlink's Cross-Chain Interoperability Protocol to enhance Bitcoin-based DeFi capabilities and enable secure cross-chain transactions.
The largest corporate holder of Bitcoin (BTC) is trying a new name as reports of a year of losses begin to surface. Yesterday afternoon, Michael Saylor's MicroStrategy announced a rebrand to simply “Strategy”.
The U.S. SEC is weighing a proposal to change BlackRock's spot bitcoin exchange-traded fund to allow in-kind redemptions.
The Czech Republic has officially passed a law exempting Bitcoin (CRYPTO: BTC) holdings from capital gains tax if held for more than three years. President Petr Pavel signed the bill into law, solidifying a parliamentary decision made in December.
Large corporations in Argentina and Brazil are embracing Bitcoin by establishing BTC-based treasuries. Cointelegraph explains why.
The U.S. SEC asked the public to comment on a proposal for converting Grayscale's Litecoin trust into an exchange-traded product.
Trump Media and Technology Group (TMTG), the parent company behind Truth Social, announced Thursday that it has filed for trademarks on six new investment products, marking its entry into the financial services sector. These products aim to track Bitcoin and key US industries, including manufacturing and energy. The filings include products such as the Truth.
Grayscale's new ETF offers low fees compared to peers, including its legacy spot BTC fund.
Bitmex co-founder Arthur Hayes shared his insights on the current market cycle and his bold predictions for Bitcoin's (CRYPTO: BTC) future, suggesting a potential dip before a significant rally. What Happened: In a podcast with Scott Melker on Feb. 1, Hayes forecasted a short-term pullback to $75,000 before a massive rally to $250,000 by the end of this cycle.