TL;DR Solana dominates the retail market: It has surpassed Bitcoin and Ethereum in active addresses and transaction volume, with a 477% surge in memecoins. ETFs drive liquidity shifts: Bitcoin ETFs hold over 515,000 BTC, impacting prices and volatility. Ethereum is gaining institutional traction.
TL;DR Large investors (whales) have accumulated over 150,000 BTC, reinforcing a key support range between $97,500 and $99,999, while small traders are exiting. Bitcoin is forming an ascending wedge pattern and needs to surpass $100,000 to initiate a 7% rally, reaching $106,100, which is crucial for its trend.
According to Ali Martinez, capital continues to flow out of Bitcoin and Ethereum into stablecoins, with no clear signs of an upcoming altseason.
El Salvador's transformation from a nation that was skeptical of cryptocurrency to one that is the staunchest advocate for Bitcoin has been nothing short of extraordinary. Paper profits exceed $167 million, and the Central American nation currently maintains 6,068 BTC in its treasury, which is almost $600 million in value.
In a latest development, Trump Media and Technology Group (Nasdaq: DJT) is launching Truth.Fi, a new financial brand and has filed trademarks for ETFs and SMAs focused on U.S. manufacturing, energy independence and Bitcoin. BREAKING: 🇺🇸President Trump's media company TMTG registers trademarks for TruthFi #Bitcoin ETF and SMA🔥🔥 pic.twitter.
The Bitcoin market continues to see a bit of support below but isn't necessarily in a huge rush to go higher.
The move enhances Rootstock's security while generating new revenue for Foundry.
Why Surviving Hostility Doesn't Mean We Should Court It—And How Proactive Engagement Secures a Better Future
BTC price optimism stays in place despite six-figure Bitcoin remaining out of reach.
Analytics provider Santiment data shows in a recent report that despite high volatility in crypto markets, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other assets remain key discussion topics across social media. What Happened: In a post on X on Wednesday, the firm highlighted that Bitcoin remains the dominant subject, with traders dissecting its price action, institutional flows and market positioning.
BlackRock is set to launch a Bitcoin ETP in Europe, expanding its crypto investment offerings beyond the U.S. amid growing institutional demand and evolving European regulations.
Sygnum Bank‘s Head of Investment Research, Katalin Tischhauser, predicted that a strategic Bitcoin reserve purchase of $1 billion could potentially trigger a $20 billion surge in Bitcoin‘s (CRYPTO: BTC) market cap. What Happened: In a recent interview with The Block, Tischhauser explained that the increase in Bitcoin's market capitalization will result from direct capital inflows and a substantial upward price surge.
Ethereum‘s (CRYPTO: ETH) dominance in the cryptocurrency space is facing a significant challenge, with analysts at JPMorgan suggesting that increased competition from rival blockchains is eroding its market share and threatening its long-term prospects. What Happened: According to a report led by JPMorgan's managing director Nikolaos Panigirtzoglou, ETH has underperformed both Bitcoin (CRYPTO: BTC) and a range of alternative cryptocurrencies since the recent U.S. election, signaling a worrying trend for investors, The Block reported on Thursday.
Bitcoin price has recovered from the crash earlier this week to reclaim the $98,000 level, and data suggests that new all-time highs could be around the corner.
In a recent twist surrounding Bitcoin's elusive founder, data surfaced this week suggesting a Canadian exchange — later acquired by Kraken — may hold key clues to the true identity of the pseudonymous Satoshi Nakamoto.
Michael Sonnenfeldt recently announced that his private group Tiger21, which is composed of some of the wealthiest investors, collectively has a $200B net worth – $6B of which is strategically held in crypto, shining a light on top meme coins. Considering some of the richest allocate 1-3% of their capital to $BTC, why should anyone doubt cryptos' potential?
Bitcoin giant MicroStrategy has huge news — and no, it's not another Bitcoin purchase.
Bitcoin is showing signs of a potential recovery, emerging from a validated bullish pattern. The crypto has managed to regain momentum, with whale investors playing a crucial role in its price surge.
Cryptocurrencies continue to struggle after sharp declines earlier in the week. This sees Bitcoin (BTC) hover below $100,000 and most altcoins battling to hold onto recent gains. However, Litecoin (LTC) and FTX Token (FTT) are among top gainers on February 6, 2025. Here's an update for the crypto market today.
Satoshi Nakamoto's Bitcoin holdings may be worth over $108 billion, potentially making the Bitcoin creator wealthier than Bill Gates, according to new onchain research.
Ether ETFs have now seen five consecutive days of inflows, adding $18.11 million, while bitcoin ETFs recorded a net inflow of $66.37 million. Bitcoin ETFs See Another Day of Gains While Ether ETFs Mark Five Days of Inflows Bitcoin and ether exchange-traded funds (ETFs) continued to draw investor interest on Wednesday, Feb.
Bitcoin surges to $98,710 after Eric Trump's endorsement. Will BTC break $100K? Expert forecasts, technical analysis, and key price levels inside. The post President Trump's Son Says It's Time to Buy Bitcoin – Is BTC About to Go Parabolic? appeared first on Cryptonews.
The bill, signed into law in 2024, marks a significant move towards embracing digital currencies. It offers New Mexico a chance to diversify its investment portfolio and hedge against inflation.
Bitcoin News: The Bhutan Government has once again made headlines in the crypto space with its recent BTC movements. According to data, the government has moved 751 BTC to three new wallets recently, which has sparked heavy speculations in the market.
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BlackRock intends to launch its first Bitcoin ETP in Europe, based in Switzerland. Inflows to US Bitcoin ETFs totaled $35B ($40.6B) in 2024, indicating substantial institutional interest.
TL;DR Arthur Hayes, former BitMEX CEO, warns that a US Bitcoin reserve could be used as a political tool, leading to instability in the crypto market. Hayes argues that creating a national Bitcoin stockpile could result in significant price volatility and be exploited for political gains by future administrations.
The global crypto market saw moderate green indexes even though Bitcoin (BTC) failed to regain the $100k mark so far. It seems like investors are still looking for more bullish flags.
Arthur Hayes foresees a possible Bitcoin price correction to $70,000-$75,000, driven by political factors.
“He and I are focused on the 10-year Treasury,” Bessent stated. “He is not calling for the Fed to lower interest rates.”
MicroStrategy rebrands to Strategy using a Bitcoin logo to emphasize a solid Bitcoin First mission. “Strategy” now holds 471,107 BTC accumulation, worth $46 billion, and continues mass purchases.
In the 48 hours before new tariffs on Canada and Mexico were scheduled to go into effect, there was a huge sell-off in just about every single cryptocurrency, including market leader Bitcoin (BTC 0.75%). At one point, Ethereum (ETH 0.75%) was down as much as 25%.
TL;DR MicroStrategy has rebranded to Strategy™ and announced a $20 billion investment in Bitcoin, solidifying its position as the largest corporate holder of the cryptocurrency. Despite a 3% year-over-year decline in total revenue, Strategy reported a 74.3% yield on Bitcoin in 2024.
Standard Chartered now projects a staggering $500,000 price target for Bitcoin (BTC) within the next three years. The British multinational bank attributes BTC's potential extraordinary price surge to two key factors.
The crypto landscape is undergoing a silent earthquake. As altcoins attempted to rise into the spotlight, a giant regained control: Bitcoin.
As investors shift focus to tariff fallout, the stakes are rising. Can Bitcoin handle the ripple effects?
In his latest essay entitled “The Genie,” crypto entrepreneur and former BitMEX CEO Arthur Hayes denounced calls for a United States Bitcoin Strategic Reserve (BSR), warning that such a program would create “unnecessary pain in under two years” and transform the world's largest cryptocurrency into a potent political weapon. Hayes also cautioned the industry against pursuing what he deems to be an overcomplicated “Frankenstein crypto regulatory bill,” which, he argues, would primarily benefit large centralized institutions rather than foster true decentralization.
Bitcoin enthusiasts have long touted the creation of a strategic Bitcoin reserve as a hedge against inflation that can reduce the national debt and reinforce the United States' position as a global financial leader.
Editor's Note: This story has been updated to clarify Alan Howard's holdings in Block.one. In the wake of a significant upswing in the cryptocurrency market, crypto exchange Bullish Global is reportedly contemplating an initial public offering (IPO) in 2025.
MicroStrategy rebrands as Strategy, emphasizing its bitcoin-first focus despite Q4 losses of $670.8 million, while planning to raise $42 billion over three years for continued bitcoin acquisitions.
US Bank, with assets under management of $472 billion, reported it held $24 million in Bitcoin ETFs. In its SEC filing, the bank reported its ETF holdings at $14 million last year.
The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.
Bitcoin is preparing for a rally, targeting values above $100,000. Key resistance lies at $105,784, while support at $96,358 must hold.
Standard Chartered Bank predicts Bitcoin will reach $500,000 by 2028, driven by growing ETF inflows, decreasing volatility, and improved investor access under the current administration
Eric Trump's recent Bitcoin endorsement caused a modest price increase to $98,000, following his earlier Ethereum tweet that coincided with a 35% price recovery, while Trump-linked World Liberty Financial relocated its crypto holdings to Coinbase amid a 90% portfolio value decline.
New Mexico has proposed Senate Bill 57 to invest 5% of public funds in Bitcoin, joining 22 other states in considering cryptocurrency legislation, while the federal government evaluates establishing a national Bitcoin reserve.
On-chain data reveals substantial Bitcoin accumulation by whale wallets in February 2024, with 135 new addresses holding over 100 BTC emerging as prices consolidated above $97,500.