Bitcoin is struggling to reach its previous $100,000 price level while the broader crypto market recorded a 1.61% rise in market cap. Further worsening the market scenario, the crypto fear and greed index entered the fear zone. On the other hand, altcoins are also struggling to reclaim their price levels
Utah will become the first US state to make history in terms of launching a Bitcoin reserve. The Strategic Bitcoin Reserve Bill, or HB230, has already been voted on by the House of Representatives and is waiting for final approval in the Senate before landing on the governor’s desk. HB230,
Eric Trump’s Comment on Bitcoin and Ethereum Eric Trump recently shared his thoughts on Bitcoin, posting on X, “Feels like a great time to enter #BTC!” This led to a brief price jump, pushing Bitcoin above $98,000 before it settled at around $97,650. The price movement was minimal, reflecting only
Standard Chartered projects Bitcoin could reach $500,000 by 2028. This feat will be driven by major growth and gradual adoption by institutions and ETF market potentials. Geoffrey Kendrick, the bank’s Head of Digital Asset Research, outlined the prediction in a February 5 investor’s note. He predicted Bitcoin’s potential for $200k
As the community braces itself for a period of market recovery, interesting news has caught investors’ attention. Coinbase director, Conor Grogan posted on his X account, a hypothesis to unmask Satoshi Nakamoto. The Bitcoin founder has been MIA for the last decade, and numerous members have attempted to discover him.
On February 5, the largest institutional hodler of Bitcoin and intelligence firm, MicroStrategy, announced a rebranding of its company to “Strategy”. The decision reinforced the firm’s commitment to Bitcoin as a treasury asset. The rebranding decision included changing the company’s logo to a stylized Bitcoin “B” signature orange color. Michael
The global crypto market has been on rocky terms over the past few days. As another weekend approaches, community members are expecting further price consolidations. However, looking into what has occurred particularly in the last 24 hours, trading conditions don’t look very bright. Notably, Bitcoin, after its recent visit to
El Salvador continues to expand its BTC holdings despite recent policy changes. On February 4, the Central American nation added 12 Bitcoins to its reserves, increasing the total to 6,068 BTC, valued at over $554 million. The government purchased 11 Bitcoin for about $1.1 million, averaging $101,816 per BTC. Later,
Bitcoin is witnessing price fluctuations and is struggling to keep pace with its previous price ranges. Its price is trading close to the $98,000 price level, with less than 1% drop in the last 24 hours. The price drop triggered by uncertain global macroeconomic conditions hasn’t fully recovered yet. As
Ohio is advancing a proposal to establish a “Bitcoin Reserve Fund.” Senator Sandra O’Brien introduced Senate Bill 57, which aims to authorize the state treasurer to invest public funds exclusively in Bitcoin (BTC). The bill was referred to the Financial Institutions, Insurance, and Technology Committee the day after its introduction,
