The report asserts that the dominant cryptocurrency is slowly shifting from being a store of value to being a medium of exchange once again. Bitcoin Adoption Expands: 650 Million People Now Have Access Satoshi created bitcoin (BTC) as “peer-to-peer digital cash,” but over time, the cryptocurrency has morphed into what many call “digital gold,” with […] Original
Day: February 12, 2025
Cardano (ADA) Struggles to Sustain Gains—Is the Uptrend in Trouble?
Cardano price started a fresh rally above the $0.70 zone. ADA is now correcting gains and struggling to start another increase above $0.780. ADA price started a fresh rally above the $0.70 and $0.720 levels. The price is trading above $0.720 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.750 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another decline if it trades below the $0.7150 support zone. Cardano Price Climbs Above $0.70…
XRP Price Struggles to Hold Gains—Could Bears Take Over?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Trump to Tap Former CFTC Commissioner, a16z Policy Head Brian Quintenz for CFTC Head
Brian Quintenz, a one-time commissioner with the Commodity Futures Trading Commission, and Andreessen Horowitz’s head of policy, will be Donald Trump’s choice to run the federal commodities regulator. Quintenz previously served in the regulator between 2017 and 2021, where he organized the Technology Advisory Committee. During his time as commissioner, he said a self-regulatory organization specific to the crypto industry could help oversee companies. Since leaving the agency, he joined a16z, where he became the head of policy. A16z was one of the major funders of Fairshake, a crypto-focused political…
KULR Ramps up Bitcoin Strategy With Another $10M
KULR Technology has expanded its Bitcoin holdings with a fresh $10 million investment, reinforcing its strategy to integrate cryptocurrency as a key treasury asset. KULR Doubles Down With $10M Bitcoin Buy KULR Technology Group Inc. (NYSE American: KULR) announced on Feb. 11 that it has expanded its bitcoin holdings to 610.3 BTC following an additional […] Original
Ethereum Price Consolidates at Support—Will It Fuel the Next Move?
Este artículo también está disponible en español. Ethereum price is consolidating above the $2,500 zone. ETH might gain bullish momentum if it clears the $2,700 resistance zone. Ethereum started a fresh decline below the $2,650 level. The price is trading below $2,680 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,735. Ethereum Price Eyes Upside Break…
Bitcoin Price Stuck Below $100K: Will Momentum Pick Up?
Bitcoin price is consolidating above the $95,000 support zone. BTC is struggling and might extend losses if it stays below the $100,000 level. Bitcoin started a fresh decline from the $98,500 resistance zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $96,670 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $97,600 zone. Bitcoin Price Dips Again Bitcoin price…
Is Ethereum dead or gearing for comeback? Deep dive in ETH
Ethereum (ETH) remains under the $2,700 level despite Bitcoin’s resilience, as the broader crypto market and top altcoins rebound. Traders appear to be shrugging off concerns over China’s DeepSeek artificial intelligence advances and U.S. President Donald Trump’s tariffs. The largest altcoin’s price performance remains underwhelming, however this could change as sentiment among traders turned positive, according to data provider Cryptoeq. Ethereum price struggles even as on-chain metrics turn bullish Ethereum’s holder count has continued to rise steadily, according to on-chain data from intelligence tracker Santiment. On Tuesday, the number of…
MSTR Shareholders See $1.8B Gain as Strategy Treasury Grows Bitcoin Reserves
Microstrategy’s bitcoin strategy has generated $1.8 billion in gains for shareholders this year, with holdings reaching 478,740 BTC—cementing its status as the ultimate bitcoin stock. Microstrategy’s Bitcoin Strategy Yields $1.8B for MSTR Investors so far This Year Michael Saylor, executive chairman of Microstrategy Inc. (Nasdaq: MSTR), highlighted the company’s latest bitcoin gains in a Feb. […] Original
Stablecoin Supply Jumps by $17B Since Beginning of 2025
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were […] Source CryptoX Portal