Bitcoin digests tariffs, sell-offs and more as its price action clings to the center of its three-month range. Bitcoin is dodging tariffs and mass exchange selling as a wild February ride continues this week. Rangebound BTC price action is tipped to flip in an instant on “very thin” liquidity as a stubborn broader trading range endures.…
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Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering. A US judge has sentenced a Canadian crypto payments app founder to another three and half years in jail for trying to conceal the 450 Bitcoin he was ordered…
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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. Bitcoin could be headed for a “decisive price move” in the coming weeks as the US decides on its next Bitcoin move, amid other macroeconomic developments. Some analysts anticipate that direction…
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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. A Bitcoin strategic reserve in the US could be a “net negative” for the industry, as it could be used as a “political weapon” and even reversed if Democrats win the…
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El Salvador’s total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million. El Salvador has again stocked up its growing Bitcoin reserve, buying 12 Bitcoin in the last day amid a dip in the crypto markets. The country bought 11 Bitcoin on Feb. 4 for just over $1.1 million,…
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Bitcoin has dropped below $100,000 for the first time since Jan. 27 following Donald Trump imposing import tariffs on goods from China, Canada, and Mexico — which triggered immediate responses from the three countries. Bitcoin has dropped below $100,000 for the first time in six days following US President Donald Trump signing an executive order to…
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Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024. Tesla reported a $600 million gain from its Bitcoin holdings in the fourth quarter of 2024 thanks to new accounting rules that allow companies to record the market value…
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Bitwise’s Matt Hougan said crypto wouldn’t “fully overcome” a four-year cycle but said market pullbacks would be “shorter and shallower” than before. US President Donald Trump’s recent crypto executive order could disrupt the crypto market’s four-year boom and bust cycle that it has seen over the last decade, says Bitwise investment chief Matt Hougan. Trump’s…
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From digital red packets to memecoins, Bitcoin continues its love affair with Lunar New Year in 2025. Lunar New Year has become a global celebration and a surprisingly positive period for Bitcoin and crypto — replete with modernizing the hongbao (financial gifts in red envelopes), memecoins bearing the year’s zodiac animal and increased trading activities in Asian hours.…
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Goldman Sachs CEO David Solomon called the original cryptocurrency an “interesting speculative asset.” Goldman Sachs CEO David Solomon doesn’t view Bitcoin as a danger to the US dollar and sees its fundamentals as valuable for banks. “I do not think Bitcoin is a threat to the US dollar,” Solomon said in a Jan. 22 interview with CNBC…
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