Eric Trump's Ethereum tweet lined up with one of the biggest reversals in months.

Bitcoin recent price movements have been nothing short of a rollercoaster ride. Earlier this week, BTC traded below $90,000 and quickly bounced back to above $100,000.

Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom's Arthur Hayes said.

MicroStrategy officially rebranded to Strategy, and reportedly adopted a new logo that features a Bitcoin "B".

Tiger21 members have roughly $6 billion in bitcoin and other cryptocurrencies

The crypto market was jittery on Thursday. Bitcoin (BTC) and leading altcoins like XRP and Solana (SOL) have remained volatile on February 6. The global cryptocurrency market capitalization is $3.21 trillion, reflecting a 0.26% decrease in the past 24 hours. Total market volume for the last 24 hours was $120.36 billion, a 37.59% decrease.

The ongoing Ripple vs. SEC lawsuit is back in the spotlight as legal experts predict a potential shift in the agency's approach. With uncertainty surrounding SEC leadership and a notable change in its stance on crypto cases, speculation is rising on whether the lawsuit could be dismissed or settled soon.

The U.S. Securities and Exchange Commission (SEC) has made a significant shift in its personnel, moving its Chief Litigation Lawyer, Jorge Tenreiro, to a position in the IT department. This department handles the agency's computer systems.

David Sacks, the appointed crypto czar by former U.S. President Donald Trump, has recently articulated why Bitcoin and other digital assets are essential for the future of the U.S. economy. In a CNBC interview on February 4, 2025, Sacks emphasized the immense potential of cryptocurrencies like Bitcoin and their underlying technologies.

XRP has suffered a staggering 43% drop, wiping out weeks of gains. The latest price action saw a sharp 30% intraday decline, signaling panic selling and extreme volatility.

Ripple's XRP is currently down by more than three percent and is retesting levels below the $2.50 mark. The price hit a low of $2.36 in the last 24 hours and is now eyeing to break above the $2.50 and $2.70 levels. These levels have provided strong support for XRP's price in the past.

Eric Trump, son of U.S. President Donald Trump said on X that it feels like a great time to enter BTC.

Eric Trump, son of U.S. President Donald Trump said on X that it feels like a great time to enter BTC.

Crypto prices today mainly continued showcasing a sluggish performance, reverberating investor uncertainty globally. Bitcoin (BTC) price faced market turbulence and stood at $97K, whereas ETH managed to trade in the green territory.

MicroStrategy, now known as ‘Strategy,' reported a staggering $670M impairment loss in Q4, mainly from Bitcoin. Yet, despite the hit, it continues accumulating BTC, believing in its long-term value.

Bitcoin may see a “decisive price move” in the near term, and while short-term volatility may continue, the long-term view “remains positive,” say analysts.

XRP price struggled to continue higher above the $2.75 zone and dipped. The price is showing a few bearish signs below the $2.60 level.

Bitcoin (BTC) continues to navigate a crucial price zone, testing the $102,350–$103,900 supply wall while also holding strong support around $96,147. As of February 5, 2025, Bitcoin's price stood at $98,079.85, reflecting a modest 0.91% drop in the past 24 hours.

Bitcoin (BTC) remains below $100,000, facing pressure from a potential global trade war, but Standard Chartered's Head of Digital Asset Research, Geoffrey Kendrick, has made a bold prediction—Bitcoin could soar to $500,000 before 2028.

The Official TRUMP (TRUMP) coin has surged 4.27% in the last 24 hours, reaching $18.50, with a market cap of $3.7 billion. Despite this short-term rally, TRUMP remains down 75.36% from its all-time high of $75.35 set on Jan. 19.

MicroStrategy has officially announced its rebranding initiative, adopting the name Strategy. This transition marks a strategic evolution for the company, positioning it as the world's first and largest Bitcoin Treasury Company while retaining its identity as a leading independent business intelligence firm and a Nasdaq 100 stock.

Bitcoin could soar to $500,000 by 2028 as institutional inflows rise, volatility declines, and regulatory shifts under Trump expand investor access, according to Standard Chartered's outlook. Trump, ETFs, and Institutional Inflows—Will Bitcoin Hit $500K by 2028? Standard Chartered's head of digital assets research, Geoffrey Kendrick, predicts bitcoin could reach $500,000 by the end of 2028.

In a recent client note, Standard Chartered's Head of Digital Assets Research, Geoff Kendrick, predicted that Bitcoin (BTC) could surge to $500,000 by the end of 2028. The executive attributed BTC's potential extraordinary price rise to two major factors.

Ripple's CLO, Stuart Alderoty, recently shared his thoughts on the new U.S. administration's approach to cryptocurrency. In an interview with CNBC, Alderoty expressed his satisfaction with the changes brought about by the new administration. He explained that the previous administration had essentially waged a “war” on crypto, pushing the industry out of the U.S.

Arthur Hayes, the former BitMEX CEO, has called out US president Donald Trump's proposed Bitcoin Strategic Reserve (BSR), labeling it a political disaster waiting to happen. He dropped this bombshell in the part 2 of his tryptic essay series The Genie, where he shredded the fantasy of a federal BTC stockpile as misguided and dangerous.

Ohio is taking a bold step towards embracing cryptocurrency with a new bill that could establish a state Bitcoin reserve. Introduced by Senator Sandra O'Brien on January 28, 2025, Senate Bill 57 seeks to allow Ohio's treasurer to invest public funds in Bitcoin, marking the state's commitment to digital assets.

Bitcoin (BTC) recently faced a significant delay in block production, sparking concerns about network stability. Neil Hartner, a software engineer, highlighted the issue in an X post, noting that the glitch halted block production for 88 minutesfar exceeding the usual 10-minute interval.

European central banks may start accumulating Bitcoin this year, according to blockchain expert Fiorenzo Manganiello, co-founder of LIAN Group. His prediction follows the European Unions implementation of the Markets in Crypto-Assets (MiCA) regulation, which enhances security and compliance in the cryptocurrency market.

MicroStrategy's executive chairman, Michael Saylor, sparked curiosity with a cryptic post on X (formerly Twitter), simply stating “₿ig Strategy Day.” His tweet, featuring the Bitcoin symbol, left the crypto community speculating about its meaning.

Bitcoin extended its decline on Wednesday, failing to hold gains above the critical $100,000 mark as escalating U.S.-China trade tensions weighed on investor sentiment. As of 1:45 ET (06:55 GMT), Bitcoin was down 1.8%, trading at $97,601.8.

Bitcoin price started another decline below the $100,500 zone. BTC is trimming gains and might continue to move down toward the $95,000 zone.

New Mexico has become the latest US state to explore the establishment of a strategic Bitcoin reserve. The state legislature has introduced Senate Bill 57 (SB57), titled the “Strategic Bitcoin Reserve Act,” which proposes allocating 5% of public funds to Bitcoin. The bill was presented by Senator Ant Thornton.

Trump's Crypto Czar David Sacks sees potential for bitcoin in the U.S. sovereign wealth fund as officials explore its role as a strategic reserve asset.

Bitcoin is currently in consolidation mode, trading below its all-time high (ATH) of $109K, as volatility, uncertainty, and speculation dominate the market. The price has been ranging between ATH and the $90K level, creating fear and hesitation among investors who suspect that the bull cycle top may already be in.

Broader cryptocurrency markets saw declines over the past 24 hours, with total market capitalization dropping 2.01% to $3.17 trillion. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.

Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets.

In a significant development for the Bitcoin (BTC) market, BlackRock, the world's largest asset manager, is preparing to introduce an exchange-traded Fund (ETF) directly tied to BTC in Europe.

Bitcoin's recent surge above $100,000 was a captivating event for the cryptocurrency market. However, this momentum was short-lived due to rising trade tensions between the U.S. and China, which led to a sharp market pullback.

Bitcoin (BTC) network activity has reached its lowest level in a year, bringing its fair value to between $48,000 and $95,000, according to CryptoQuant. As of press time, Bitcoin was trading at roughly $96,500, making the flagship crypto overvalued from a network activity perspective based on CryptoQuant's valuation model.

Bitcoin's dominance over the entire market has continued to increase steadily over the past few weeks, even as many Bitcoin and many other cryptocurrencies started the week on a negative note. According to data from CoinMarketCap, Bitcoin's dominance is now at 60.4%, its highest level since the 2021 bull market.

XRP, the native cryptocurrency of Ripple Labs, has faced significant struggles recently despite earlier bullish projections. Like many other cryptocurrencies, XRP has been caught in the turbulence of a volatile market.

MicroStrategy, the Bitcoin whale which rebranded to Strategy just yesterday, ended 2024 with its Bitcoin reserves worth $23.9 billion, according to the company's latest financial report that was released yesterday. Despite reporting a $670 million net loss for Q4, the company, led by CEO Phong Le, shared that they've acquired 447,470 bitcoins to date.

However, the growing bear action in the broader market has continued to impact altcoins like Ethereum (ETH), XRP, SUI, and Avalanche (AVAX) in different measures. As of writing, the combined crypto market cap is down 1.56% to $3.16 trillion, proving that headwinds remain.

Microstrategy, also known as Strategy, recorded its largest quarterly bitcoin acquisition in Q4 2024, adding 218,887 BTC for $20.5 billion as it expanded its accumulation strategy. The Biggest Bitcoin Buy in Microstrategy's History—And They're Not Stopping Microstrategy Inc. (Nasdaq: MSTR), also known as Strategy, reported its fourth-quarter earnings for 2024 on Feb.

Bitcoin (BTC) continues to fluctuate within a consolidation range between $94,000 and $100,000, many traders and investors are keeping a close eye on the market, trying to determine whether the cryptocurrency has reached its lowest point. Despite the ongoing price swings and heightened volatility across the crypto market, key indicators suggest that Bitcoin may still be some distance away from hitting its bottom.

Recently, XRP's price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Many traders are wondering if a return to the $3 mark is still feasible given that the asset is currently having difficulty holding above $2.50.

New Mexico is the latest US State to explore a strategic Bitcoin reserve move. Officially, the State's legislature has welcomed Senate Bill 57 (SB57), which will see New Mexico invest 5% of public funds in Bitcoin.