Blockchain tracker Whale Alert has reported a major Bitcoin (BTC) movement, with $424 million worth of BTC transferred in three separate transactions over the past 24 hours. A total of 4,382 BTC was moved, including two transactions of 1,875 BTC ($180.8M) and 1,808 BTC ($176.4M) between unknown wallets, while 699 BTC ($68.7M) was sent from Kraken to Bitfinex. The purpose of these large transactions remains unclear, but they may indicate whales repositioning funds ahead of potential market shifts. Transfers between unknown wallets could be internal whale transactions or over-the-counter (OTC)...

Crypto expert Chris Burniske, former lead at Ark Invest, reassures investors that Bitcoins recent dip is a normal part of the bull market cycle. Responding to concerns on X, Burniske dismissed fears of a cycle top, calling the decline a mid-bull pullback that makes everyone question god. Drawing parallels to 2021, he recalled Bitcoin and altcoins plunging 50-80% between April and June before rallying in the second half of the year. Back then, many traders believed the bull market was over, yet Bitcoin surged to a record high of nearly $69,000 in October 2021 after the SEC approved Bitcoin...

Renowned investor and Rich Dad Poor Dad author Robert Kiyosaki recently took to X (formerly Twitter) to discuss Bitcoin, answering a common question from his followers. He reaffirmed his belief in Bitcoin and gold as superior assets compared to fiat currencies like the U.S. dollar. Kiyosaki, a long-time critic of traditional financial systems, revealed he has purchased more Bitcoin and gold, emphasizing their reliability as safe-haven assets. He argues that holding fiat currency is riskier due to inflation and declining purchasing power. Some users countered his stance, suggesting Litecoin as...

On-chain analytics firm Glassnode reports that retail investors have significantly increased their Bitcoin accumulation since mid-December 2024. Investors holding around one BTC are now buying at a rate of 10,627 BTC per day72% more than last years daily average of 6,177 BTC. At current prices, this amounts to over $1.05 billion in Bitcoin accumulated daily. Bitcoins price action has also responded to the latest U.S. non-farm payrolls report. The data revealed 143,000 new jobs in January, falling short of the 169,000 forecast. This marks the weakest employment growth since October 2024....

Bitcoin fell on Friday as market sentiment weakened following U.S. President Donald Trump’s warning of new reciprocal tariffs. The cryptocurrency dropped 1% to $95,853, extending last week’s 4% decline. Trump’s statement on imposing tariffs on imported goods equivalent to those levied on U.S. exports raised concerns over a global trade war. While no specific countries were mentioned, fears of escalating trade tensions pressured risk assets, including Bitcoin and equities. Adding to the uncertainty, the latest U.S. jobs report showed weaker-than-expected job growth. The Bureau of Labor...

Michael Saylor, co-founder and executive chairman of Strategy, took to X to share a Bitcoin-themed message with his massive following. His tweet, We all need a Strategy for Success, coincided with Bitcoin briefly surpassing the $100,000 mark. This aligns with Saylors recent rebranding of MicroStrategy to Strategy, reinforcing the companys Bitcoin-centric vision. Since August 2020, Strategy has consistently acquired Bitcoin, using cash reserves to strengthen its holdings. In Q4 2024, the company reported record Bitcoin inflows over the past four years. During that period, Strategy issued and...

Investment giant VanEck has projected Solana (SOL) could hit $520 by the end of 2025, marking a 165% increase from its current price of $195.5. The firms autoregressive model estimates Solanas market cap will soar to $250 billion, based on 486 million circulating tokens. Solana, the fifth-largest cryptocurrency, has surged 102% over the past year, reaching a $94.1 billion market cap. VanEcks forecast hinges on Solanas expanding role in the smart contract platform market, which is expected to grow 43% to $1.1 trillion by year-end. Solanas market share is anticipated to rise from 15% to 22%,...

Brazils central bank president, Gabriel Galipolo, highlighted a significant rise in cryptocurrency adoption, with stablecoins accounting for 90% of the nations crypto flow. Speaking at a Bank for International Settlements event in Mexico City, he attributed this growth to increased digital currency use for international purchases, complicating regulatory oversight and taxation. Galipolo clarified that Brazils Drex system is not a central bank digital currency (CBDC) but a blockchain-based infrastructure aimed at improving credit markets. By leveraging distributed ledger technology (DLT), Drex...

Cryptocurrency trading on the Chicago Mercantile Exchange (CME) reached an all-time high in January, with volumes soaring to approximately $285 million, according to a report by CCData. This marks an 8% increase from the previous month, driven by a surge in Bitcoin futures and options activity. Bitcoin futures trading skyrocketed to around $220 billion, while Bitcoin options saw an even more dramatic rise, jumping 125% to nearly $6 billion. However, Ether futures lagged behind, declining by 13% to $41 billion amid an overall 19% drop in derivatives volumes across exchanges. Bitcoin futures...

Czech President Petr Pavel has signed a new cryptocurrency law, aligning the nation with the EUs Markets in Crypto-Assets (MiCA) regulation and providing long-awaited regulatory clarity. The legislation aims to simplify tax rules, support innovation, and facilitate banking access for licensed crypto businesses, marking a major milestone for the countrys digital asset industry. The Czech Cryptocurrency Association (CKMA) played a key role in shaping the law, ensuring smoother tax compliance and fostering financial stability for crypto entrepreneurs. CKMA Chairman František Vinopal...