Bitcoin price started a fresh upward move above $103,200. BTC is now correcting gains and might revisit the $102,000 support zone.
Fifteen years ago, Bitcoin was virtually worthless, with 14 BTC selling for just $0.01. Bitcoin historian Pete Rizzo recently highlighted this in an X post, noting, 15 years ago today, you could buy 14 Bitcoin for $0.01, $1.5 million today.
Lucien Bourdon, a Bitcoin analyst at Trezor, has criticized the European Central Banks (ECB) decision to reject the Czech Republics proposal to include Bitcoin in bank reserves. ECB President Christine Lagarde argued that reserves must be liquid, secure, and safe, deeming Bitcoin unsuitable.
The US securities regulator has given the initial nod to Bitwise's ETF tracking Bitcoin and Ether, weighted according to their relative market capitalizations.
A low-cost solo mining rig was used to mine a Bitcoin block on Wednesday, though they secured the $330K prize with a little help.
Tether, the crypto firm behind the world's largest stablecoin, is bringing its $140 billion USDT token to Bitcoin.
The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of the Bitwise Bitcoin and Ethereum exchange-traded fund (ETF). This decision allows NYSE Arca to list and trade shares of the fund, which will hold both Bitcoin and Ethereum alongside cash reserves.
Bitcoin is poised for a sharp correction before surging to new highs in 2025, warns Arthur Hayes, citing tightening global liquidity and excessive market optimism.
Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate Tether's USDT stablecoin.
Despite Bitcoin's growing adoption, ECB President Christine Lagarde signaled Thursday that member states are unlikely to follow suit.
The crypto market's veterans are getting nervous - but beneath Ethereum's seemingly calm surface at $3.1K, accumulation data tells a different story.
On-chain data shows the Ethereum Market Value to Realized Value (MVRV) Ratio has just seen a signal that could prove to be bearish for ETH's price. Ethereum MVRV Momentum Has Witnessed A Bearish Crossover As pointed out by analyst Ali Martinez in a new post on X, the Ethereum MVRV Ratio has declined under its 160-day moving average (MA) recently.
After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.
Texas is poised to be at the forefront of cryptocurrency adoptions through its ambitious legislative proposal. Lieutenant Governor Dan Patrick has an ambitious plan to set up a Bitcoin reserve for the state as part of his legislative priorities in 2025.
Michael Saylor is everywhere, and now he's on the cover of Forbes in an issue released Jan. 30. The 59-year-old CEO of MicroStrategy was pictured grinning under the bold title, “The Bitcoin Alchemist,” an iconic and very fitting name.
Illinois has proposed a plan to hold Bitcoin in a state fund for at least five years before selling or using it. The bill is still being reviewed.
Bitcoin bull Michael Saylor is now recognized as “The Bitcoin Alchemist” by Forbes Magazine.
The SEC approved a filing from NYSE Arca to list and trade shares for Bitwise's combined bitcoin and Ethereum exchange-traded fund.
ECB President Christine Lagarde has dismissed Bitcoin as a reserve asset, citing concerns over liquidity, security, and regulatory risks, despite a recent 25-basis-point interest rate cut to 2.75% aimed at stabilizing the economy. The post ECB President Christine Lagarde Rejects Bitcoin for EU Reserves appeared first on Cryptonews.
Odin.fun is a launchpad and trading platform for Bitcoin's Runes tokens. Can it supercharge the Bitcoin meme coin ecosystem?
Crypto analyst Ted has given his Ethereum price prediction, revealing when ETH will rally to as high as $10,000. This provides a bullish outlook for the second-largest crypto, which has underperformed for a while now.
The country's giant sovereign wealth fund holds over $500 million in Microstrategy shares and similar stakes in other bitcoin-focused companies such as Coinbase. Norwegian Pension Fund Increases Its Bitcoin Exposure by 153% The $1.
The integration is supported by Taproot Assets, a network that enables interoperability between stablecoins and other assets on the Bitcoin network.
Tether's USDt joins Bitcoin's Lightning Network for faster, low-cost transactions, enhancing financial applications and global reach. The post Tether integrates USDt on Bitcoin's Lightning Network appeared first on Crypto Briefing.
Bitcoin kicked off 2025 with a bang, but a fresh set of factors needs time to congeal before BTC price can chase new highs.
Bitcoin's rise to fame has been marked by unpredictable swings. For years, the world's most popular cryptocurrency has followed a four-year cycle of rapid growth followed by sharp crashes.
Retail investors are starting to take excessive risk in derivative markets but they could be right!
The largest stablecoin is integrating with the Bitcoin network, Tether Paolo Ardoino announced at a Bitcoin conference in El Salvador.
Stablecoins are increasingly popular for everyday uses like payments, remittances and savings, and Tether's expansion aims to spur activity to the Bitcoin-based ecosystem.
South Dakota Representative Logan Manhart made two new legislative proposals on Jan. 30 aimed at incorporating Bitcoin (BTC) into the state's investment strategy. House Bill 1202 (HB 1202) would allow the state to allocate 10% of its public funds to Bitcoin.
The stablecoin issuer's choice to bring USDT back to Bitcoin is a massive win for the Lightning Network and Joltz's bet on Taproot Assets.
Ethereum's reserves have dropped to a six-year low, reflecting a noticeable shift in market dynamics as buying pressure increases across spot exchanges. This shift has become particularly important given the uncertainty in the broader cryptocurrency market.
The chances of a European central bank holding Bitcoin reserves have just increased, despite comments from ECB President Christine Lagarde stating that the asset is unsuitable.
The Czech National Bank (CNB) announced plans to explore the potential inclusion of Bitcoin (BTC) in its reserve assets on Jan. 30. The move comes despite European Central Bank (ECB) President Christine Lagarde's vocal opposition to central banks holding the crypto.
Amid increasing anticipations of the United States' potential implementation of its Bitcoin strategy, new states are introducing BTC proposals. The US State of Montana has become the latest to join the US rally to adopt a strategic Bitcoin reserve.
How does Tesla's $600 million Bitcoin gain fit into the bigger picture of corporate crypto adoption?
Crypto flagship asset, Bitcoin currently struggles with upside momentum following a recent sharp rundown in the general market, and facing significant resistance at the $103,000 level. Despite the waning price performances, profitability has been increasing, with a considerable amount of the coins now in profit.
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).
On today's episode of CNBC Crypto World, bitcoin gets a boost to $105,000 after the Fed keeps rates unchanged. Tesla reports a $600 million jump in net income after a mark-to-market adjustment on its bitcoin holdings.
Bitcoin (BTC) saw a notable bounce of 4% after reacting to the recent Federal Open Market Committee (FOMC) meeting. Initially dropping to $101,365 in response to the Fed's decision to keep interest rates unchanged, BTC quickly recovered to $104,797.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
European Central Bank (ECB) President Christine Lagarde does not expect any EU country to adopt a Bitcoin reserve, reflecting strong skepticism about cryptocurrency's role in central bank reserves.
Experts warn that a bitcoin-only reserve poses concentration risks and exposes the U.S. to potential volatility. Two experts urge the U.S. administration to diversify its crypto stockpile to build a resilient digital reserve and reduce systemic risks. Ripple vs. Bitcoin Maximalists The establishment of a bitcoin-only reserve poses concentration risks and exposes the U.S.
Bitcoin trades above $100,000, but investors' “unit bias” and the rise of spot BTC ETFs have drastically decreased retail investors' presence in the market.
Tesla's latest financial report for Q4 2024 reveals a significant $600 million gain from its Bitcoin holdings, which have now exceeded $1 billion in value, thanks to a new accounting rule. The change in the Financial Accounting Standards Board (FASB) guidelines allows companies to report their crypto holdings at market value, offering a clearer picture of their financial standing.
Canadian Bitcoin developer Peter Todd, who gained mainstream prominence last year after being identified as Satoshi Nakamoto in a controversial HBO documentary, has opined that Bitcoin "did not win" in El Salvador after the country's major U-turn.
Bitcoin (BTC) has seen an impressive 8% surge since Monday, solidifying $100K as a strong support level. After weeks of volatility and uncertainty, BTC has now reclaimed key levels and is pushing toward an all-time high (ATH) retest.