The Ripple (XRP) has recently made headlines after Musk's tweet sent shockwaves across the crypto market, sparking speculation and a bullish recovery. Simultaneously, DTX Exchange (DTX), a new viral altcoin, is making waves with its innovative approach to trading and remarkable presale success.
Trump's crypto czar David Sacks confirmed on Fox News that a national BTC reserve is being studied, but the market isn't buying it
In 2014, Bitcoin showed a change of -57.6%. In 2018 and 2022, it also showcased -73.3% and -64.3% changes, respectively. This implies that the Bitcoin market follows a four-year boom and bust cycle. In short, every fourth year, the market experiences a crash.
The crypto market has taken a notable upswing, after the FED's decision to keep the rates unchanged at 4.25% to 4.5%. As a result, the market cap of the business has soared by 2.63% to $3.56 trillion. Traders and investors have helped shoot up the intraday trade volumes by 12.65% to $128.32 billion.
After the departure of former SEC Chair Gary Gensler, the potential approval of more spot crypto ETFs (exchange-traded funds) has become a hot topic in the industry. Recently, several altcoins, including XRP, Solana, and Litecoin, have seen filings for spot ETFs.
Tesla reported a $600 million gain from its Bitcoin holdings in Q4 2024, thanks to new FASB accounting rules.
Inflows into U.S. spot Bitcoin ETFs remain weak for the second consecutive day as the Federal Open Market Committee's decision yesterday to keep interest rates unchanged weighs on investor sentiment.
Ethereum (ETH) is experiencing a notable surge in network activity, with its active addresses rising by an impressive 37%. This uptick is being closely watched by industry insiders, as it marks a significant increase from March 2024 levels.
El Salvador has made a big change to its Bitcoin laws to follow the rules set by the International Monetary Fund (IMF). This change comes as part of a $1.4 billion loan agreement with the IMF, which asked the country to reduce its involvement with Bitcoin.
The Ethereum bears and FUD fuelers have been out in force recently, but the fundamentals couldn't be stronger.
Tesla saw a boost in its financial performance in the fourth quarter of 2024, thanks in part to its Bitcoin holdings.
Analysts observing previous BTC bull market said the outlook remains constructive while long-term holders continue to distribute their coins.
Under Trump's leadership, Bitcoin has found its place in the mainstream financial system, and companies are finding new ways to incorporate it into their financial strategies.
Bitcoin rose to $105,000 following the Fed's decision to hold rates steady, with Chair Jerome Powell signaling openness to crypto banking.
Ethereum price has struggled to maintain its upside momentum as MVRV on-chain metric data shows the chances of a 40% crash ahead if history repeats. As ETH struggles under $3,200, the overall market sentiment is turning bearish towards the largest altcoin, but hopes of a rally to $10K are still high.
CME Group, the worlds top derivatives marketplace, will introduce options on Bitcoin Friday futures on February 24, pending regulatory approval. These financially-settled options will offer expirations every business day, enhancing traders flexibility in managing short-term Bitcoin price risk.
Changpeng Zhao is once again stirring discussions on national Bitcoin adoption. The Czech Republics central bank has proposed allocating 5% of its reservesaround $7.3 billioninto Bitcoin, potentially securing over 71,000 BTC at current prices.
Ripple's XRP has currently drifted into the green zone and the price is now eyeing to break the $3.20 level. As long as XRP holds above the $3levels, the current bullish scenario remains plausible, with the expectation of moving towards the upside.
Illinois and Indiana have introduced bills to establish a Strategic Bitcoin Reserve. They join a growing list of US states exploring Bitcoin as a financial asset.
Mark Karpeles, former CEO of Mt. Gox, recently shared insights on Bitcoins role in shaping modern finance.
Shiba Inu (SHIB) is witnessing one of 2025s most significant price declines, resembling a falling knife pattern. The token has dropped to $0.00001817, with $0.000020 now acting as resistance.
Bitcoin (BTC) has experienced sharp price fluctuations, trading between $100,238.19 and $103,730.82 in the past 24 hours. Amid this volatility, CryptoQuant CEO Ki Young Ju has issued a cautionary warning to investors, citing increased taker sell pressure.
The price of Bitcoin, the leading cryptocurrency, has managed to reclaim the $105,000 level despite the Federal Reserve's hawkishness.
The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments.
The Czech National Bank (CNB) is considering investing 5% of its €140 billion in foreign reserves into Bitcoin. If approved, this would make the Czech Republic one of the first major Western countries to include cryptocurrency as part of its official foreign reserve holdings.
Will DeFi big players increased interest in Ethereum boost ETH's prospects?
The crypto prices today, January 30, have brewed significant optimism among investors despite unchanged interest rates in the latest U.S. FOMC meeting. Bitcoin (BTC) price recovered to trade near the $105K level, whereas top altcoins such as Ethereum (ETH), Solana (SOL), and XRP also pumped in sync.
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B. The post Tesla Enjoys $600M Bitcoin Profit Jump After Accounting Rule Change appeared first on Cryptonews.
Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal.
Bitcoin and altcoins rally after the Fed's rate pause, with BTC breaking out of a bull flag pattern and targeting $116K. Powell's crypto remarks and Trump's policies fuel further optimism.
XRP has been struggling to maintain its momentum amid significant fluctuations in its price action. Currently priced at $3.10, the cryptocurrency is holding steady above the critical $2.95 support level.
XRP price started a strong increase above the $2.950 zone. The price is now consolidating gains and might aim for more gains above the $3.15 zone.
A closed-door meeting of the U.S. Securities and Exchange Commission (SEC) on January 30 has sparked new speculation about the future of the ongoing Ripple case. This marks the fifth such meeting of the year, and it has grabbed the attention of the XRP community, which is hopeful for potential developments regarding the lawsuit.
Ethereum price struggled to continue higher above $3,220. ETH is now consolidating losses and might face resistance near the $3,220 zone.
SEC's closed meeting sparks speculation on Ripple's case. Will a leadership shift end the legal battle and drive XRP to new highs?
Bitcoin (BTC) has been experiencing a strong accumulation phase, with nearly 4.85 million BTC withdrawn from exchanges since 2020. This surge in withdrawals highlights an increasing trend among investors to hold onto their Bitcoin, removing it from centralized exchanges (CEX) and signaling a belief in Bitcoin's long-term value.
Tesla's net income was boosted by a recent change in how companies account for their holdings of digital currencies.
Bitwise's Matt Hougan said crypto wouldn't “fully overcome” a four-year cycle but said market pullbacks would be “shorter and shallower” than before.
Bitcoin price started a fresh upward move above $102,000. BTC is rising and might gain pace for a move above the $105,000 resistance zone.
Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple's Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts. Scott Bessent Confirmed as Treasury Secretary, Signaling Pro-Crypto Shift Scott Bessent has been confirmed as the 79th U.S.
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024.
Metaplanet raised $760M to buy 10,000 BTC by 2025, adopting MicroStrategy's strategy as its stock surged 245% since November.
Tesla's Bitcoin holdings rose by $600 million in the fourth quarter after implementing a new accounting rule.
El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key international lender to make acceptance of the cryptocurrency voluntary.
Bitcoin has experienced significant volatility in recent days, navigating through bearish sentiment and market uncertainty. Despite this, BTC remains strong above the $100K mark, holding a key psychological and technical level.
Bitcoin shot up 4.5% on Jan. 29, climbing to around $105,000 after the Federal Reserve decided to hold interest rates steady. Traders snapped back to riskier assets after five straight days of losses.
The operation will mine Bitcoin and several other tokens as part of the firm's broader venture mining push.
XRP has experienced a significant 10% surge over the past 24 hours, with its market capitalization reaching $181 billion and daily trading volume exceeding $10 billion. This positive momentum comes as XRP continues to show resilience, especially after its record-breaking performance in mid-January.