The U.S. jobs data from the Bureau of Labor Statistics is out for January, and the figures positively impact Bitcoin (BTC). The data show that NonFarm Payrolls (NFP) recorded a surge of 143,000 in January.
The push for XRP exchange-traded funds (ETFs) is gaining significant momentum, as asset managers move forward with their applications, bringing the prospect of these investment products closer to reality.
In a latest development, Bitcoin (BTC) ended a three-day decline after U.S. job growth for January fell short of expectations. Notably, the cryptocurrency rose above $100,000 for the first time since Feb.
The Bitcoin price suddenly regained a major six-figure valuation with the $100,000 mark last seen on Tuesday, fresh from the massive liquidation that caused at least $8 billion in losses for traders.
XRP (CRYPO: XRP) is accelerating in the spot ETF race, with multiple filings submitted to the SEC. Cryptocurrency Price 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.53 +6.0% -20% Bitcoin (CRYPTO: BTC) $98,624 +1.4% -5.6% Ethereum (CRYPTO: ETH) $2,747 +0.5% -18% Community News: Fox Business reporter Eleanor Terrett reported the Cboe Exchange having filed 19b-4s on behalf of BitwiseInvest and CanaryFunds to list and trade their spot XRP ETFs.
Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic's approach to Bitcoin.
Despite recent price volatility and market uncertainties, a renowned bitcoin specialist has offered an extremely positive assessment on Bitcoin and the other cryptocurrencies. Michaël van de Poppe, the creator of MN Consultancy, believes we're witnessing the dawn of a historic bull market that could push Bitcoin's value to previously unimaginable heights.
Crypto trader and analyst Ali Martinez says Ethereum (ETH) is dangerously close to a major support level. Martinez tells his 123,000 followers on the social media platform X that Ethereum could plunge approximately 39% from the current level to a price of $1,700 if the support level at around $2,500 fails.
On-chain data shows the Bitcoin Difficulty is set to increase by around 4% in the coming adjustment, as a result of the increase in the Hashrate. Bitcoin Mining Difficulty Will Jump On Sunday According to data from CoinWarz, the BTC network is set to increase the Difficulty in the next adjustment.
Prominent on-chain data agency Glassnode has published a tweet, revealing that since mid-December last year, retail investors have started accumulating Bitcoin much faster than before. This coincided with notable price surges of the world's flagship cryptocurrency during the last month of 2024.
The U.S. Securities and Exchange Commission (SEC) has made a significant shift in its approach to cryptocurrency enforcement by moving one of its top litigators to an IT department role. This change comes amid broader speculations regarding the future of the ongoing legal battle between the SEC and Ripple Labs, the company behind the cryptocurrency XRP.
Bitcoin decides that bad news is good news as a mixed US employment outlook sends BTC price action back to six figures.
Ether's price action mirrors the August bottom amid signs of strong dip demand for the second-largest cryptocurrency.
Over the past sixty minutes, XRP fluctuated between $2.47 and $2.59, climbing 1.5% intraday, with a $141 billion valuation and $7.01 billion in global trade volume. XRP On the one-hour timeframe, XRP inches upward from recent troughs, its gradual incline confined by a slender corridor. The $2.50 ceiling has stifled progress, while the $2.
While traditional end-of-reign predictions for Bitcoin were still circulating, the queen of cryptocurrencies responded with a stunning performance: a 125% explosion in options volumes in just one month. Behind this shocking figure, revealed by CCData, lies a deeper reality.
Experts are divided on the potential impact of Trump Media and Technology Group‘s (NASDAQ:DJT) plan to launch a Bitcoin (CRYPTO: BTC) ETF. While some see it as a positive step towards mainstream adoption, others question its differentiation, potential political implications and level of institutional support.
Bitcoin (BTC), the largest cryptocurrency, continues to lag, failing to pique market interest. Since recovering from its drop on Monday, BTC has struggled to gain traction above $100,000.
Cryptocurrency analyst and trader Ali Martinez has unveiled on-chain data showing that over the past few days, whales have wiped a staggering half a billion XRP off the cryptocurrency market.
Kentucky State Representative Theodore Joseph Roberts on February 6 introduced a groundbreaking bill, KY HB376, that would authorize the State Investment Commission to invest up to 10% of the state's excess reserves into digital assets, primarily Bitcoin. This move makes Kentucky the 16th US state to explore the potential of cryptocurrency in state financial strategies.
Bitcoin (BTC) has been consolidating for over two months, with technical indicators suggesting the cryptocurrency may soon test key resistance levels, potentially paving the way for a breakout.
Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.
In a latest development, BlackRock has increased its stake in Michael Saylor's Strategy, reflecting its growing institutional interest in Bitcoin. In a Schedule 13G filing, it revealed that it now holds 5% of Strategy (MSTR), or about 11.2 million shares. This is a 0.91% increase from its previous 4.
Popular cryptocurrency XRP recently saw a strange but significant development in the Korean crypto investment landscape. Today, three of the largest crypto exchanges in South Korea - Coinone, Upbit and Bithumb - suddenly announced that XRP had just been renamed.
In a fresh shake-up, Tether (USDT) stablecoin has once again overtaken XRP in the crypto market rankings. With a market capitalization of $141.4 billion, Tether now ranks as the third largest cryptocurrency, pushing XRP to the fourth spot with a current market valuation of $139.72 billion.
The man moved the funds across several crypto exchanges in an attempt to keep them beyond the government's reach.
BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission. The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024.
According to data provided by crypto analytics platform CoinGlass, roughly $2.9 million worth of XRP shorts has been liquidated over the past hour.
Non-farm payrolls for January came in at +143,000 vs the expected +170,000, sending the dollar index into a typical yoyo.
TL;DR Over $3.12 billion in Bitcoin and Ethereum options expire today, which could influence market volatility. Market sentiment remains mixed: Bitcoin's put-to-call ratio is 0.57, reflecting some bullish optimism, while Ethereum shows a ratio of 0.45. Macroeconomic factors, such as Trump's tariffs and U.S. employment data, could determine the market's short-term direction.
ARK Invest has projected Bitcoin (CRYPTO: BTC) could reach $1.5 million by 2030 under its most optimistic scenario, with a base case of $710,000 and a bear case of $300,000. Alongside Bitcoin's growth, the firm also highlighted the rapid rise of stablecoins and other digital assets as key drivers shaping the future of financial markets.
Trump Media & Technology Group (TMTG) is expanding into financial services with its Truth.Fi investment products that include ETFs and SMAs.
The European Central Bank (ECB) may reconsider its relationship with any European national bank that adds Bitcoin to its reserves, according to ECB board member Piero Cipollone. In a Feb.
XRP has fallen by 3% in the past 24 hours, yet four new ETF filings suggest that it won't remain down for very long. The post Four XRP ETF Filings Hit the SEC – Will This Push XRP to New All-Time Highs? appeared first on Cryptonews.
However, there is another metric that is giving an opposite signal, in addition to the fact that the drop in on-chain activity is not due to BTC.
Several analysts are predicting a massive XRP price pump and chart fractals suggest a long-term target as high as $99.
The Ethereum derivatives markets have just recorded their largest outflow of ETH since August 2023, with over 300,000 ETH withdrawn from exchanges on February 6, 2025. This massive movement, amounting to approximately $817.2 million, comes amid increased market volatility.
Bitcoin's Exchange Reserves drop, indicating accumulation while facing resistance that could decide its next move.
As Bitcoin (BTC) continues to trade within a tight range of $96,000 to $102,000, analysts are eyeing a potential bullish catalyst in the weakening US dollar (USD). A further decline in the USD could trigger renewed bullish momentum for risk-on assets, including BTC.
A Single Metric to Rule Them All – The Bitcoin Everything Indicator combines multiple key metrics into one comprehensive tool for better investment decisions.
Ethereum ETFs have seen a significant surge in trading volume, hitting $1.5 billion recently despite the market crashes. This surge signals a shift in investor sentiment and highlights Ethereum's growing importance as an investment choice.
Ethereum co-founder Vitalik Buterin has urged tech giant Apple to withdraw from the UK.
Glassnode data indicated that Bitcoin's dominance increased after the FTX collapse in 2022. The analytics firm highlighted that more investors chose Bitcoin as an investment tool over other digital assets.
The company filed for six trademarks under its Truft.Fi umbrella. One of the filings is for a Bitcoin investment vehicle.
Even if you only have $1,500 on hand to invest in the cryptocurrency sector, it behooves you to deploy your capital judiciously rather than frivolously. With so many cryptocurrency opportunities abounding right now -- including quite a few opportunities to lose all of your money -- sticking to the highest-quality assets is simply not optional.
The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
The latest US Job data showed that the nonfarm payrolls increased by 143K in January, down from the Wall Street expectations. Simultaneously, the report also showed that the unemployment rate came in at 4% in the starting month of the year, down from 4.1% in the prior month.
Firoz Patel, Payza's founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds. The post Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison appeared first on Cryptonews.
Bitcoin ETFs experienced a net outflow of $140 million with the majority of the outflow coming from Fidelity's FBTC. In contrast, ether ETFs achieved their sixth consecutive day of inflows, adding $10.65 million. Ether ETFs Extend Inflow Dominance With Sixth Day of Consecutive Inflows On Thursday, Feb.