Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims.

Bill proposes Florida's CFO be allowed to use public funds to "make investments in bitcoin and other digital assets for a certain purpose."

The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9. The decision, outlined in a Feb.

Ethereum (ETH) price is struggling to reclaim the $3,000 level as bearish momentum continues to weigh on its recovery. The RSI remains neutral, failing to break above 50 since February 1, indicating that buying pressure has yet to strengthen significantly.

Maryland's proposed Bitcoin reserve bill aims to integrate cryptocurrency into state investments, allowing Bitcoin holdings as a financial hedge. The legislation follows similar moves in Utah and Kentucky, reflecting growing adoption at the state level. The bill also outlines guidelines for accepting crypto payments. The post Maryland Joins States Proposing Strategic Bitcoin Reserve appeared first on Cryptonews.

Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission.

A growing number of U.S. states are actively pursuing legislation to establish strategic bitcoin reserves, signaling increasing interest in cryptocurrency as a financial asset. Strategic Bitcoin Reserves: A Look at 15 States Taking Action This week, David Sacks, the U.S.

Bitcoin remained resilient during the latest market sell-off, while altcoins faced estimated liquidations of $8 billion to $10 billion, with funding rates turning deeply negative, a survey claims.

Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217.

Lawmakers in Maryland, Iowa, and Kentucky have introduced legislation proposing the creation of Bitcoin (BTC) strategic reserves in their respective states. The latest bills bring the number of US states considering Bitcoin reserves to 17.

A closely followed crypto analyst is issuing a warning, saying that Bitcoin (BTC) is still showing weakness despite recovering from its latest dip.

The Bitcoin network is experiencing a sharp decline in activity, according to CryptoQuant's Bitcoin Network Activity Index. The post Bitcoin Network Activity Drops 15%, Hits Lowest Level in a Year appeared first on Cryptonews.

The latest drop in the price of Bitcoin (BTC) has prompted traders to take a pause amid the absence of strong price drivers that manage to reverse the current downtrend.

Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,769.28 -0.8% Ethereum (CRYPTO: ETH) $2,650.07 -1.7% Solana (CRYPTO: SOL) $195.91 -2.4% XRP (CRYPTO: XRP) $2.43 -5.5% Dogecoin (CRYPTO: DOGE) $0.2502 -2.4% Shiba Inu (CRYPTO: SHIB) $0.0000153 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%.

As the current bull market cycle continues, Ethereum‘s performance has been considered weak compared to other major altcoins like Dogecoin and XRP. With ETH unable to curb a major rally, many investors and traders are starting to demonstrate extreme caution toward the digital asset.

Bitcoin dropped to $96.8K as selling pressure increased. New investor activity slowed, but positive funding rates hint at a potential rebound.

Barry Silbert thinks deAI is a generational opportunity. DCG's betting on it.

United States regulators approved the trading of options on Bitcoin ETFs in 2024.

Trump's recent involvement in crypto has sparked interest across the digital market after acquiring significant Ethereum tokens. The acquisition highlights a strategic investment in Ethereum when the market shows potential growth. However, Trump's crypto endorsement is not only fueling Ethereum's momentum.

Poland's central bank has ruled out Bitcoin as part of its national reserves, citing security risks and financial stability concerns. While other countries explore crypto reserves, Poland aligns with European regulators in favoring traditional assets like gold and foreign currencies. The post Poland's Central Bank Rejects Bitcoin for Reserves, Citing Security Concerns: Report appeared first on Cryptonews.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow options trading on BlackRock's iShares Ethereum Trust. The agency announced that it will determine by April 9, 2025, whether to approve or deny the proposal.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of options for BlackRock's iShares Ethereum Trust ETF (ETHA).

Today's U.S. jobs report indicated fewer positions added to the economy than expected, but bitcoin remained mostly flat on the news. Steady Bitcoin Price Reflects Cautious Market Reaction to U.S. Jobs Report Bitcoin (BTC) is trading at $97,783.95 at the time of reporting, rebounding slightly after dipping to $95,707.35 and peaking at $100,154.

The Ethereum (ETH) price continues to stagnate close to $2,700 remaining locked well within its price range of the last three days, with traders continuing to bemoan the crypto's lackluster price action this bull cycle. The post Ethereum Price Stagnation Conditions, When Is a Pump Coming? appeared first on Cryptonews.

MicroStrategy (NASDAQ: MSTR), now rebranded as ‘Strategy,' has once again made headlines, this time not just for its Q4 earnings report but also for its fresh identity and the launch of a Bitcoin-branded merchandise store.

The market has already priced in less accommodating interest rate policy, and legislative tailwinds could aid Bitcoin's performance.

Alyse Killeen, Stillmark managing partner, explains why Bitcoin is facing major tailwinds this year. She joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology" to discuss.

The SEC delayed a decision on Friday on whether to approve BlackRock's proposal to list and trade options on its spot Ethereum ETF.

What's next for ETH price as average transaction fees drop to record lows?

The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.

Bitcoin (CRYPTO: BTC) has the potential to break out to a new all-time high above $108,000 in February, according to a new note by Standard Chartered. What Happened: Geoffrey Kendrick, the bank's head of digital assets writes a break higher is contingent on the absence of negative market catalysts, such as further DeepSeek developments or new tariff announcements, Key to this outlook is the behavior of U.S. Treasury yields, with a specific focus on the 10-year yield failing to consistently break above the 4.50% level.

Ethereum, the second-biggest crypto, has faced major headwinds recently. ETH price has dropped by 33% from the YTD high, and it continues to underperform Bitcoin.

The National Bank of Poland has firmly ruled out the possibility of incorporating Bitcoin into its currency reserves, citing significant security concerns.

In a sharp turn of events, a crypto whale has sold 8,500 ETH, raising speculations about the asset's direction. In recent weeks, sideways traders dominated crypto assets within the ETH price outlook, slipping below resistance levels.

As the crypto market is regaining momentum following the recent turmoil, leading altcoins such as Ethereum are exhibiting significant signs of growth and renewed potential. Driven by historical data, analysts and experts remain optimistic that 2025 Q1 will be bullish for the Ethereum price.

In a significant development, Maryland State Delegate Caylin Young has introduced “Strategic Bitcoin Reserve Act of Maryland.” The latest move reflects a growing trend among U.S. states to diversify their financial assets into digital currencies, recognizing Bitcoin's potential as both an investment and a hedge against inflation.

Bitcoin faced renewed pressure after failing to reclaim the $99,000 resistance level, triggering a market-wide selloff, according to QCP Capital's latest market update. The leading crypto by market cap fell to a new daily low of $95,600, marking a three-day losing streak and an uncertain outlook for the broader crypto market.

Bitcoin (BTC) is becoming more difficult to mine after increasing competition in the past ten days. The next difficulty adjustment may make the network even more competitive.

TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The network launched bridges like Snowbridge and Hyperbridge, enhancing interoperability and the security of cross-chain transfers between DOT and other networks like Ethereum.

Ethereum at crossroads! While an analyst eyes a big rally, ETH is facing strong downward pressure.

Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year.

Michael Saylor's Strategy has fully embraced its position as a bitcoin treasury company and Wall Street remains bullish on MSTR stock.

Asset manager BlackRock (NASDAQ:BLK) has further increased its investment in Strategy Inc. (NASDAQ:MSTR), the company that's primarily known for its large Bitcoin (NASDAQ:BTC) reserves. What Happened: A disclosure with the Securities and Exchange Commission on Feb. 6 shows that BlackRock's investment portfolio now includes approximately 11.26 million shares.

TL;DR Bitcoin briefly surpasses $100K: Driven by a mixed jobs report in the U.S., but drops to $97,861, with a 1.36% increase in the last 24 hours. Economic factors affect the market: The low unemployment rate and Federal Reserve policy influence the behavior of the crypto market.

Russian Bitcoin miners are concerned about a government mandate requiring wallet addresses to be included in a national registry. Russian lawmaker Anton Gorelkin highlighted these concerns in a Feb. 7 Telegram post, warning that geopolitical rivals could exploit leaked addresses.

Job growth fell short of expectations in January, but unemployment came in lower than expected and December jobs were revised higher to 307,000 jobs. CoinDesk's Christine Lee anchors “Chart of the Day.

Utah's House of Representatives on February 6 passed House Bill 230 (HB 230), informally referred to as the “Strategic Bitcoin Reserve” bill, by a narrow margin of 38 votes in favor, 34 against, and 3 not voting.