Michael Saylor urged the US to secure 20% of the Bitcoin network to strengthen the economy and hedge against global competition.
Ethereum gas fees have fallen 70% to a four-year low of approximately $0.80 per transaction, driven by increased adoption of Layer 2 solutions and reduced mainnet activity, while maintaining over 1 million daily transactions.
Ethereum whales have accumulated 430,000 ETH over three days while the price consolidates near $2,750, with technical indicators suggesting a potential breakout above the $2,800 resistance level.
American entrepreneur and angel investor Jason Calacanis has once again taken aim at corporate Bitcoin holder Strategy.
Blockstream CEO Adam Back says that Bitcoin (BTC) is still in the early stages of the current bull market as the adoption of the flagship crypto asset mounts.
Bitcoin's Funding Rate turns negative, signaling a potential local bottom and possible short squeeze ahead.
Bitcoin has gradually been recovering with its price now hovering above $97,000 as of today—a noticeable increase from the $94,000 price mark seen earlier this week This upward movement comes as analysts highlight significant trends in the perpetual futures markets that may indicate a substantial shift on the horizon. Related Reading: Bitcoin Ready For ‘Take Off'—Analyst Reveals Key Signals Bitcoin's Open Interest Points to Possible Market Shift One notable development is the increase in Bitcoin's open interest—an indicator of the total number of outstanding perpetual futures contracts on centralized exchanges.
Argentine President Milei welcomed Ethereum's Devconnect conference proposal from Vitalik Buterin while facing backlash over his endorsement of the failed LIBRA token, which lost investors $251 million after a 95% crash.
Donald Trump is doubling down on crypto, and this time, he's not just making campaign promises—he's laying out a plan.
By early 2025, Russia's Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners.
Franklin Templeton has introduced the Franklin Crypto Index ETF (EZPZ), which offers exposure to Bitcoin and Ethereum.
Bitcoin price targets $101,000 as bullish momentum continues. Institutional demand and regulatory optimism fuel the rally. Key levels to watch: $98,000 and $99,200. The post Bitcoin Eyes $101,000: Bullish Momentum and Institutional Demand Drive Rally appeared first on Cryptonews.
Technical analysis shows Shiba Inu breaking out of a Falling Wedge pattern with increased volume, while whale activity and declining futures interest create mixed market dynamics that traders are closely monitoring.
GameStop CEO Ryan Cohen's recent actions, including following Bitcoin Magazine and meeting with Strategy's Michael Saylor, combined with the company's $4.616 billion cash reserve and authority to invest in cryptocurrencies, have fueled speculation about potential Bitcoin purchases that could make GameStop the second-largest corporate holder of the cryptocurrency.
Bitcoin and altcoin investors are closely watching the developments in the Japanese market as core consumer inflation races by 3.2% in January and could push the central bank to announce rate hikes very soon. This has to the feats of unwinding of Japan's yen carry trade, similar to August 2024, that triggered a major crypto
Utah has advanced its Bitcoin reserve bill to the next stage of legislation, with a second and third reading in the Senate pending before a final vote.
Vitalik Buterin expressed his disappointment over the accusations that Ethereum is "bad and intolerant" due to its lack of support for blockchain casinos. He emphasized that other chains readily accept any application, including gaming platforms, which some argue makes them superior.
Bitcoin finally shows signs of copying stocks and gold with a run to near all-time highs for BTC price action back on the cards.
Dogecoin faces multiple challenges that could prevent a breakout, despite recent whale activity.
The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin's price action and Bitcoin's during the 2015-2017 bull cycle. The analyst's technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs.
Wormhole integrates with Unichain, facilitating seamless asset transfers across blockchains. This partnership enhances DeFi liquidity and offers developers efficient cross-chain solutions.
The crypto market today has shown a decent uptrend, with the total market cap climbing by 1.26% to $3.21 trillion. However, the intraday trading volume saw an 18.21% drop, settling at $83.03 billion. Talking about the sentiments, the Fear & Greed Index stands at 40, reflecting a neutral investor attitude despite Bitcoin's steady growth.
Dogecoin, has evolved into one of the most recognized and actively traded digital assets in the market. With support from high-profile figures, particularly Elon Musk, Dogecoin has gained significant attention.
Today, approximately $2.04 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire, creating significant anticipation in the crypto market.
The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearly 1% from the previous day. Meanwhile, total market volume surged by 8% to $90.
Ross Ulbricht, the recently pardoned founder of the Silk Road marketplace, is publicly advocating for clemency for Roger Ver, known as "Bitcoin Jesus." The post Freed Ross Ulbricht Seeks Clemency for ‘Bitcoin Jesus' Roger Ver in Tax Evasion Case appeared first on Cryptonews.
Glauber Contessoto, popularly known as SlumDOGE Millionaire , advocated buying ‘conviction plays' like frog-themed Pepe (CRYPTO: PEPE) on Thursday, amid a broader slump in the meme coin market. What Happened: SlumDOGE Millionaire encouraged his X followers to seize the opportunity presented by the ongoing correction to invest in meme coins “like there's no tomorrow.
U.S. spot Bitcoin ETFs have experienced three consecutive days of net outflows, losing nearly $500 million over this period leading up to Feb. 20. The three day outflows started with $61.4 million on Feb. 18, followed by $71.
Michael Saylor, founder of Strategy, has called on the United States to establish a strategic Bitcoin reserve by acquiring up to 20% of the Bitcoin network. The post Michael Saylor Says the U.S. Should Buy Up To 20% of Bitcoin as a Strategic Reserve appeared first on Cryptonews.
As Bitcoin steadily moves beyond its speculative origins, it's gaining increasing recognition as a store of value, often dubbed “digital gold.” For years, Bitcoin has faced skepticism, but it is now viewed by many as an essential part of the global financial ecosystem.
Dogecoin started a fresh decline below the $0.2620 zone against the US Dollar. DOGE is now consolidating and struggling to clear the $0.2550 resistance.
Crypto prices today (February 21) have sparked mixed investor sentiments as tokens have hovered into both red and green territories. Bitcoin (BTC) price crossed the $98K level on Friday, whereas Ethereum (ETH) traded above the $2,700 level.
Bitcoin has recently made a notable recovery, bouncing back from its slump after the news of FTX repaying $1.2 billion to creditors injected significant liquidity into the market. Despite this short-term boost, several on-chain indicators are signaling that Bitcoin's rally towards the critical $100K level may take longer than expected.
Utah's Bitcoin strategic reserve bill moved to its second and third reading in the Senate. On February 20, it passed through Utah's Revenue and Taxation Committee in a 4-2-1 vote.
With its $6.6M Bitcoin acquisition, Metaplanet now holds 2,100 BTC, aiming to reach 10,000 BTC by 2025 and 21,000 BTC by 2026.
Ver was arrested in Spain last April and charged with tax evasion, with US authorities claiming he underreported capital gains made from Bitcoin sales in 2014.
After a sudden pullback a few days ago, Bitcoin seems to have briefly regained its upside momentum, rising from about $93,300 to $96,300. Despite the slight rebound, BTC's price is still trending within a key range that is likely to determine its next trajectory in the short term.
“The real promise is if you own 4-6 million BTC, you're going to pay off the national debt,” says the Strategy founder.
Michael Saylor has a warning for Washington—if the United States doesn't move fast, it could miss out on the biggest financial power shift of the century.
Ethereum price is showing positive signs above the $2,680 zone. ETH is gaining pace and an upside break above $2,755 could trigger bullish moves.
Legislation that would allow Utah to invest in Bitcoin has been passed by a state Senate subcommittee and has already made it through the House.
Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone.
Ripple's XRP has been one of the standout performers in the cryptocurrency market over the past 14 weeks. The digital asset has posted a remarkable 297% surge against Bitcoin since November 2024, outpacing most other cryptocurrencies during a period of overall market stagnation.
At the Conservative Political Action Conference (CPAC) in Washington, D.C., MicroStrategy Chairman Michael Saylor proposed that the United States should acquire up to 20% of the total Bitcoin supply.
Michael Saylors Strategy (formerly MicroStrategy) has announced a $2 billion convertible senior notes offering to institutional investors, primarily to acquire more Bitcoin (BTC). The 0% interest notes, maturing in 2030, include an option for investors to buy an additional $300 million within five days.
Bitcoin has extended its consolidation below $100,000 since the beginning of February. This price lag has been compounded by a slowdown in bullish sentiment among investors and a slowing euphoria regarding the crypto-positive influences of Trump's new administration in the US.
Ethereum shows clear signs of a potential market move to the upside.
Alexander Leishman, CEO of River, says while the crypto quantum threat is still years away, solutions need to be discussed now.