Crypto News
Cryptocurrency news covering Bitcoin, Ethereum, and altcoins. Track crypto prices, blockchain developments, DeFi trends, and regulatory updates.
Bitcoin Recovers to $68K Ahead of Key Inflation Data, ETF Outflows Persist
Bitcoin rebounded near $68,000 Friday as markets braced for the Fed's preferred PCE inflation gauge. U.S. spot Bitcoin ETFs recorded significant net outflows for the session.
Ether Holds Near $1,950 Amid NFT Utility Shift and Prediction Market Scrutiny
Ether traded around $1,955 on Friday, down 0.73%, with $18 billion in volume. The focus shifts to utility NFTs as prediction markets face criticism from Ethereum co-founder Vitalik Buterin.
Bitcoin Retreats Below $68K Amid Thin Holiday Trading, Fed Minutes Loom
Bitcoin declined to approximately $67,900 during a holiday-thinned trading session, with market participants focusing on upcoming Federal Reserve minutes and institutional ETF flows for near-term direction.
Robinhood's February Metrics in Focus Amid Bitcoin Volatility
Robinhood Markets will report its January monthly metrics on February 19, following a holiday-shortened week. The update comes as Bitcoin pulls back from recent peaks, potentially impacting the platform's crypto-related revenue.
MicroStrategy Unveils $6B Debt Conversion Plan, Assures Bitcoin Downturn Resilience
MicroStrategy announced a multi-year plan to convert approximately $6 billion in convertible debt into equity, while assuring investors it can cover obligations even if Bitcoin drops to $8,000. The stock closed Friday up 8.9% at $133.88.
XRP Gains on Holiday Trading as Market Awaits Fed Minutes
XRP advanced 3.3% to approximately $1.52 during Sunday's limited trading session, while Bitcoin maintained levels near $69,000. Market participants are focusing on upcoming Federal Reserve minutes and inflation indicators.
Bitcoin Retreats Below $69K Ahead of Key Fed Data, ETF Flows Volatile
Bitcoin declined 0.9% to $69,029 over the weekend, with ether dropping 3.4% to $2,006. Trading in U.S. spot bitcoin ETFs resumes Tuesday after the Presidents Day holiday.
MSTR Surges 9% Ahead of Holiday on Bitcoin-Linked Funding News
MicroStrategy shares rallied 8.9% Friday after an SEC filing highlighted its bitcoin-backed funding strategy via preferred shares, with cryptocurrency markets active during the U.S. holiday closure.
IREN Gains Entry into MSCI USA Index Amid AI Pivot
IREN Limited is set to join the MSCI USA Index after the market closes on February 27, a move that could drive passive fund buying. The company's shares rose 2.85% on Friday, boosting its market capitalization to approximately $13.7 billion.
XRP Climbs 4.6% Amid Inflation Data, ETF Speculation
XRP gained 4.6% to approximately $1.47, with trading volume hitting $2.47 billion. The move comes as markets digest recent inflation data and await further signals on monetary policy.