In a significant move, Texas Lieutenant Governor Dan Patrick has put forth a proposal to create a state-managed Bitcoin reserve, ranking it among the top priorities for the upcoming 2025 legislative s...
Category: Bitcoin
Live Bitcoin News Updates.
Illinois leads the U.S. in creating first Bitcoin Reserve
Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal. On Jan. 29, the Bitcoin Strategic Bill was referred to...
How Global Liquidity Influences Bitcoin Strategies
In the complex world of finance, indicators like the M2 money supply play a pivotal role in shaping market dynamics. Currently standing at a staggering $97 trillion, this metric reflects the volume of...
Electric Vehicle Company Nuvve Adopts Bitcoin for Reserves—Could Tesla Take the Same Step?
Nuvve has announced through a press release that it has adopted Bitcoin as a strategic reserve asset, pledging 30% of its excess cash to stack the asset. This adoption aligns with Nuvve to provide cry...
El Salvador Approves Reforming Bitcoin Law After IMF Deal
El Salvador’s Congress has swiftly approved a proposal from President Nayib Bukele to reform the country’s Bitcoin law, just minutes after receiving it. The move follows El Salvador’s recent $1.4 bill...
Japan’s Metaplanet aims for 21K BTC by 2026 – Here’s why
Japan’s Metaplanet plans to acquire 21000 BTC by 2026. The firm’s share surged nearly 250% since last November. Japan’s ‘MicroStrategy,’ Metaplanet, has raised nearly $760M ( ¥118B) to fund part of ...
Should the U.S. Embrace a Bitcoin Reserve?
The discussion surrounding a national Bitcoin reserve in the United States has gained traction, particularly with the Czech Republic’s recent move towards establishing its own BTC reserve. Senator Cyn...
Senator Lummis Urges US Action as Czech Republic Moves to Adopt Bitcoin Reserve
In a recent development, the Czech Republic plans to adopt a Bitcoin reserve. Senator Cynthia Lummis is urging the US to act on its own Bitcoin reserve proposal before the Czech Republic does. Lummis’...
Bitcoin USD End-of-Month Options Market Update: What to Expect?
Bitcoin USD action showed significant shift in market dynamics, marked by a pronounced resurgence in buying pressure peaking just after January 26, 2025. These areas of buy pressure greatly surpassed ...
Ripple Boss Brad Garlinghouse Calls For Multi-Asset Strategic US Reserve, Rejects Bitcoin-Only Proposal ⋆ ZyCrypto
Advertisement     A heated debate has flared within the cryptosphere in recent days regarding the possible inclusion of other crypto assets apart from Bitcoin (BTC) in a proposed Unite...
Tesla reports $600 million gain on Bitcoin holdings following new accounting rule update
Tesla’s Bitcoin holdings rose by $600 million in the fourth quarter after implementing a new accounting rule. The rule permits companies to value digital assets at market prices each quarter. Accordin...
Bitcoin Dips Amid DeepSeek AI Disruption, While XYZ Withstands Market Chaos and Breaks $5.8M Presale
A seismic shift in the AI landscape has sent shockwaves through financial markets, rattling both stocks and crypto. DeepSeek, a Chinese artificial intelligence startup, has emerged as a disruptive for...
Bitcoin Price Displays Bullish Signs: A Recovery In The Making?
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. Bitcoin started a decent upward move above the $102,000 zone....
Bitcoin’s Future: Matt Hougan Discusses Potential Market Changes After Trump’s Executive Order
Bitwise’s Matt Hougan has acknowledged that while the traditional four-year cycle of cryptocurrency remains, market dynamics are poised for transformation. Recent regulatory shifts, particularly under...
Elon Musk’s Tesla Booked a Q4 Gain on its Bitcoin (BTC) Holdings
Elon Musk’s Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each quarter. The company’s fourth quarter earni...
Crypto Price Analysis 1-28: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, CELESTIA: TIA, ARBITRUM: ARB, FILECOIN: FIL
The cryptocurrency market has recovered from Monday’s bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trad...
Bitcoin treads cautiously: Can Trump’s policies prevent a crash?
Bitcoin traders de-risk as FOMC uncertainty looms. With a 9% January gain, can Trump’s policies fuel fresh momentum for BTC? January has historically been a slow month for Bitcoin [BTC], but 2025 is b...
Tesla Reports Potential $600 Million Gain from Bitcoin Holdings Under New Accounting Rules in Q4 2024
Tesla’s strategic use of a new crypto accounting rule has resulted in a substantial $600 million net gain from its Bitcoin holdings in Q4 2024. This gain comes as Tesla’s valuation of its Bitcoin rese...
Metaplanet’s Ambitious Strategy to Acquire 10,000 BTC by 2025 Following $760M Fundraising Success
Japan’s Metaplanet is making waves in the cryptocurrency market, aiming to secure 10,000 BTC by 2025 with a record 760 million dollar funding round. This ambitious strategy mirrors that of MicroStrate...
BTC ETFs lose $457M after DeepSeek’s market entry – Details
DeepSeek’s launch caused significant crypto market volatility, with $534 million in ETP outflows. XRP showed resilience, attracting $2.1 million in inflows during the market downturn. The launch of De...
Venture Capital Firm DCG Launches Mining Operation as Bitcoin Profits Surge
DCG has launched a venture mining business as the digital asset firm explores new ways to bolster its revenue. Fortitude, launched Wednesday, will mine Bitcoin in addition to pursuing a “venture mini...
1.1M Bitcoin Bought Near ATH Is Still Untouched – New BTC Holders Hold Firm?
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 psychol...
BTC Stable above $100k, FOMC today, Memes & AI coins Bleed
BTC Stable above $100k, FOMC today, Memes & AI coins Bleed BTC stays above $100k ahead of Fed, alts fall. Czech central bank to propose $7bn BTC reserve. Utah advances bill to invest in crypto. So...
Bitcoin surges as Fed hold rates steady and Powell makes pro-crypto comment
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....
Tesla Revalues Bitcoin Holdings Under New Accounting Rules, Reports $600M Gain in Q4
Tesla reported a $600 million gain on its Bitcoin holdings in the fourth quarter after adopting a new accounting rule that allows companies to value digital assets at market prices each quarter. The e...
Lunar New Year Drives Bitcoin and Crypto Trading Surge
Analysts have predicted a positive surge for Bitcoin as the asset has had impressive gains in 11 of the last 12 Lunar New Years. The Eastern trading hours are reported to have accounted for almost 50...
Bitcoin Bull Howard Lutnick Defends Tether in Senate Hearing—But Supports Stablecoin Audits
Wall Street billionaire Howard Lutnick, President Donald Trump’s pick for Commerce Secretary and a noted Bitcoin bull, said during his Senate confirmation hearing Wednesday that he would support gover...
Bitcoin Spikes as Fed Skips Rate Cut—No ‘Hurry’ Despite Trump Demand
The Federal Reserve left its benchmark interest rate unchanged Wednesday, hitting the pause button on its easing campaign after delivering three interest rate cuts in a row. And Bitcoin appeared to fa...
Popular Solana and Bitcoin Wallet Phantom Adds Sui Support
Phantom, a popular crypto wallet used across multiple blockchains, added beta support for the Sui blockchain on Wednesday. The addition places Sui alongside Solana, Ethereum, Base, and Bitcoin in Phan...
Global Bitcoin FOMO? Ex-Binance Boss CZ Just Spiced Things up Big Time
Changpeng Zhao is once again driving discussions around national Bitcoin adoption. The latest catalyst? A proposal from the Czech Republic’s central bank to allocate 5% of its national reserves — appr...
China’s DeepSeek AI Is Good for Bitcoin, Says Standard Chartered
The price of Bitcoin has declined by more than 1.6% today, with the market’s largest cryptocurrency struggling to regain momentum as investors fear tepid news from the Federal Reserve. Opinion among a...
Trump Media Launches Fintech Brand With Bitcoin and Crypto Focus
President Donald Trump’s media empire is expanding into financial services and could soon buy Bitcoin and other cryptocurrencies. Trump Media and Technology Group, which runs Trump’s socia...