BTC mining aids Texas' grid stability, cutting $18 billion in costs by replacing gas peaker plants with efficient demand response.
President Donald Trump's omission of cryptocurrency in his inaugural address has raised doubts about the administration's immediate commitment to crypto-friendly policies. Speaking with Benzinga, experts caution this silence could signal uncertainty in the digital asset space, which was expecting clearer direction under Trump's leadership.
MicroStrategy's latest Bitcoin purchase is the firm's third acquisition in January and its largest buy in 2025.
The cryptocurrency market records a strong bearish reversal overnight. This resulted in top tokens losing significant valuation within a short period. On the other hand, the Bitcoin price recorded a 24-hour low of ~$102k from its ATH of above the $109,000 level.
Bitcoin is navigating a highly volatile phase, with significant price swings dominating the market. After dropping to a low of $89,100 last week, the cryptocurrency staged a remarkable recovery, surging to a new all-time high (ATH) yesterday.
The maker of energy-management systems announced a bitcoin-buying strategy in December.
On Tuesday, KULR Technology Group, Inc (NYSE:KULR) announced it has increased its purchases for its Bitcoin (CRYPTO: BTC) Treasury by an additional $8 million to reach $50 million in Bitcoin acquisitions. The company made the additional purchases at a weighted average price of $101,695 per bitcoin, including fees and expenses.
El Salvador's President, Nayib Bukele, has once again hit back at critics of his government's Bitcoin initiatives. Known for his bold stance on cryptocurrency, Bukele has faced constant opposition since his country became the first to adopt Bitcoin as legal tender in 2021.
Bitcoin (BTC) established its capitulation range between $90K and $95K, after new waves of buyers accrues a small net gain. A price crash may cause those holders to sell, leading to a bigger BTC drawdown.
The bitcoin acquisitions follow MicroStrategy's latest sale of shares during the same period, equivalent to the same value.
Its the 11th consecutive week of bitcoin purchases for the Michael Saylor-led company.
Bitcoin is expected to retain its upward momentum if it successfully defends the key support level, Matrixport says.
MicroStrategy (MSTR) has announced a $1.1 billion Bitcoin purchase. This is the company's 11th consecutive weekly Bitcoin purchase.
Bitcoin may be approaching another all-time high, but a potential decline remains a possibility.
Hamilton, a Real-World Asset (RWA) protocol built on the Bitcoin network, has raised $1.7 million in a pre-seed funding round. The round was led by DisrupTech Ventures, CMS, DeSpread, Hyperithm, Core Ventures, and other strategic investors.
U.S. investors bought BTC aggressively during the weekend in anticipation of President Trump's inauguration; however, such moves could trigger significant pullbacks.
Donald Trump's inauguration speech did not mention any form of cryptocurrency, including Bitcoin. This goes against the pro-crypto rhetoric he used during his campaign.
Despite the deal with the IMF requiring a scale-back of Bitcoin-related initiatives, El Salvador has added 12 more BTC to its strategic reserves, reaffirming its dedication to cryptocurrency.
In a recent tweet, cryptocurrency investor, trader, and entrepreneur Willy Woo shared his take on the prospects of creating the US national Bitcoin Reserve and why the new US president did not sign any orders about it on his first day in the White House.
Bitcoin's price has made a new all-time high yesterday, as Trump's inauguration has flooded the crypto market with optimism. However, in times of euphoric expectations, caution and risk management are advised.
59-year-old Scottie Pippen, American former basketball player, has issued a tweet with an ultra-bullish Bitcoin price prediction. He also commented on BTC's current price, calling it “dirty cheap.
Bitcoin has recently reached an astonishing all-time high of $109,588.08, marking a major milestone for the cryptocurrency. This surge in Bitcoin's price comes amidst growing speculations that Donald Trump's presidency will bring favorable policies for the crypto market, including a possible Bitcoin reserve.
In a move that dashed high-flying expectations, US President Donald J. Trump ended his first day in office without issuing any crypto-related executive orders or referencing the much-touted Strategic Bitcoin Reserve he had teased during the Bitcoin 2024 conference in Nashville.
El Salvador has expanded its Bitcoin reserves again, acquiring 12 BTC in two separate transactions this week.
Cryptocurrency analysts of Coinidol.com report, the price of Bitcoin (BTC) has risen above the moving average lines after a strong bounce.
Donald Trump's term begins on an unexpected note for the crypto sphere. While many hoped for strong announcements on the first day, the president remained silent on digital assets, plunging the markets into doubt.
Bitcoin surged to $109.5K on Trump's inauguration day but reversed to $100K amid market uncertainty over U.S. Bitcoin reserve prospects.
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ideo platform Rumble has made its first Bitcoin purchase as part of a $20 million investment strategy, joining other public companies in holding the cryptocurrency while receiving backing from stablecoin issuer Tether.
Currently, bitcoin is up approximately 550% from the cycle lows, which aligns with previous cycles.
TL;DR Analysts suggest a narrowing wedge pattern in Bitcoin's price chart could signal a major breakout. Key factors include higher inflation, the Federal Reserve's stance, and expectations of Trump's potential Bitcoin reserve. Matrixport predicts significant short-term growth if Bitcoin holds its crucial support level.
Whales are offloading Bitcoin as retail investors show greed, with social media hype signaling a short-term correction in prices.
Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.
In a much-watched first day in office, US President Donald J. Trump not issue any crypto-related executive orders, nor did he acknowledge the Strategic Bitcoin Reserve he had promised during the Bitcoin 2024 conference in Nashville.
Bitcoin retreated from its new all-time high of $109,588 to $101,820 as President Trump's first day executive orders focused on trade and energy rather than expected crypto policies, while his launch of $TRUMP and $MELANIA memecoins added extra market volatility.
The cryptocurrency market is thrilled that Donald Trump has become the 47th US President. However, there was a subtle disappointment with Trump's failure to mention crypto in his inauguration speech, resulting in a minor Bitcoin price correction.
The inauguration of Donald Trump as the next president of the United States passed off without the merest mention of Bitcoin or crypto. After a spectacular rally into the event, the Bitcoin price fell more than $7,000 from the new all-time high of $109,300, to end the day at $102,150.
On January 20, 2025, the National Bitcoin Office of El Salvador announced the addition of 12 new bitcoins to its strategic reserves, bringing the total to 6,044 BTC, worth over 617 million dollars. This decision comes despite a recent agreement with the International Monetary Fund (IMF) aimed at reducing some of the country's crypto policies in exchange for a loan of 1.4 billion dollars.
The cooling down of the crypto-leveraged market after months of heavy speculation could lead to short-term Bitcoin price weakness despite the renewed interest from whale investors.
An analyst known for making timely crypto calls is sounding the alarm about the possibility that the asset class may be hovering close to a bull market peak.
Some of the larger-cap alts have dumped by double digits.
The Strategic Bitcoin Reserve bill proposes that up to 10% of funds from several state accounts be invested in Bitcoin. These include the Disaster Recovery Account ($80 million), and General Fund ($4.2 billion).
TRUMP, a token representing the new U.S. leader, plunged as much as 22% in 24 hours.
The US debt has surpassed the historic threshold of $36 trillion, forcing the Treasury to temporarily halt its debt issuances. This decision, driven by the necessity to contain the crisis, intensifies tensions in financial markets.
Bitcoin drops 7% post-Trump inauguration amid market disappointment. Analysts eye $150K breakout as BTC forms a bull flag and follows historical cycle trends.
Multi-asset investment portfolios with allocations to bitcoin are consistently outperforming those that don't hold the cryptocurrency, the report said.