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Bitcoin Transaction Activity Hits 11-Month Low — What’s Happening?
The latest on-chain data shows that the Bitcoin network activity has been waning over the past few months, with the blockchain metric reaching a new low recently. Why Is The Bitcoin Network Activity Falling? In a new post on the X platform, CryptoQuant head of research Julio Moreno discussed how Bit...Bitcoinist
Feb 2, 2025
USDC Expands At 2021 Levels—What’s Driving The Surge?
Stablecoins, often taking the backseat from Bitcoin and other top cryptocurrencies, are now in the spotlight. According to on-chain data, the stablecoins market has surged to over $200 billion, with Tether’s USDT and USDC as the main growth drivers. Related Reading: Stablecoins Hit $200 Billion—Does...NewsBTC
Feb 2, 2025
Is Dogecoin Mirroring Pepe? A Drop To $0.2 Could Be Imminent For DOGE
Dogecoin (DOGE) has enjoyed extra attention from investors, especially since Donald Trump took office and put Elon Musk in charge of D.O.G.E. — an acronym for Department of Government Efficiency. However, this interesting relationship is not particularly reflected in the price of the meme token. In ...NewsBTC
Feb 2, 2025
Appetite For Spot Bitcoin ETFs Returns With $318 Million Net Inflow
The US-based spot Bitcoin ETFs (exchange-traded funds) started the week on a negative note, ending its seven-day $4.7 billion inflow streak. The crypto investment products saw nearly $460 million withdrawn in value on Monday, January 27. However, the Bitcoin ETFs appear to be making a strong comebac...Bitcoinist
Feb 2, 2025
Solaxy Presale Explodes to $17M as Solana Beats Ethereum in Monthly Revenue
For the first time ever, Solana has beaten Ethereum in monthly revenue. Solana made around $116M in January 2025 as compared to Ethereum’s $107M. This makes a massive 96% month-on-month increase for Solana – it made $59M in December 2024. On the flip side, Ethereum’s revenue took a 39% dip dur...NewsBTC
Feb 2, 2025
Hottest ERC-20 Meme Coins to Watch as Swiss Banking Giant Jumps into Blockchain
Crypto adoption isn’t slowing down—it’s accelerating. UBS, Switzerland’s largest bank, just started testing blockchain-based digital gold investments using ZKSync, an Ethereum Layer 2 solution. That’s another major institution moving into crypto. And UBS isn’t alone. Tether is migrating to the Bitco...Bitcoinist
Feb 2, 2025
Bitcoin May Return To $76,000 To Resume Bull Run – Here’s Why
As the crypto bull run continues to stall, the Bitcoin (BTC) market remains in consolidation moving mostly between $101,000 – $106, 000 over the past two weeks. Interestingly, a market analyst with X username cryptododo7 has shared a potential pathway for BTC to reestablish its bullish momentu...Bitcoinist
Feb 2, 2025
Bitcoin Indicator Shows Market Far From Overheating – Details
Crypto analyst Axel Adler Jr. has provided some insights on the current status of the Bitcoin (BTC) market based on the adjusted Net Unrealized Profit/Loss (aNUPL) indicator. Despite recent consolidation, Adler states the BTC market remains bullish with a trend reversal far from happening. Related R...NewsBTC
Feb 2, 2025
India reviewing crypto position due to global changes, senior official says
By Nikunj Ohri Feb 2 (Reuters) - India is reviewing its stance on cryptocurrencies due to shifting attitudes towards the virtual asset in other countries, a senior government official told Reuters on Sunday.The review, which follows crypto-friendly policy announcements by U.S. President Donald Tr...Reuters
Feb 2, 2025
XRP Posts Highest Monthly Close Ever—What’s Next?
XRP has ushered in 2025 with a robust bullish performance, achieving its highest monthly close to date. As a result of significant advancements in regulation and institutional adoption, the token’s surge coincides with a growing sense of optimism in the broader crypto market. XRP advanced towa...NewsBTC
Feb 2, 2025
Bitcoin Keeps Bullish Momentum Without Overheating – Indicators Show Room For Further Growth
Bitcoin is facing serious selling pressure, as it has dropped below the $100K mark, raising concerns about a potential deeper correction. Since mid-January, BTC has been trading sideways, fluctuating between all-time highs (ATH) and the $97,750 level, struggling to find a clear direction. Related Re...Bitcoinist
Feb 2, 2025
XRP At Critical Juncture As Price Restests 21 EMA – Details
The XRP market experienced a downbeat end to January translating into a 7.05% loss over the past seven days. In regards to future price movements, popular analyst Egrag Crypto states the altcoin is currently at a key crossroads with an equal chance to move in either a positive or negative direction....NewsBTC
Feb 2, 2025
Solana Will Drop To $211 If It Fails To Break Key Resistance Level – Analyst
Solana (SOL) is facing severe selling pressure as it tests key demand levels, with bears gaining control after a failed breakout above all-time highs. The price has struggled to maintain momentum, and investors are now watching for critical support levels that could determine Solana’s next move. Rel...NewsBTC
Feb 2, 2025
Ethereum Remains Largely Uncorrelated To Bitcoin – Data Shows ETH Tied To Other Coins
Ethereum (ETH) has been under intense selling pressure, raising concerns among investors about the coming weeks. The trend remains bearish, and if this momentum continues, ETH could struggle to find support at key levels. Compared to Bitcoin and other altcoins, ETH has been underperforming, fueling ...Bitcoinist
Feb 2, 2025
5 Meme Coins to 100x Your Investment as Bitcoin’s Historical Achievement Fuels Next Bull Run
After a fantastic January, where it rallied nearly 10%, Bitcoin closed over $100K to produce its highest monthly close in history. Moreover, the NFP (non-farm payrolls) report, which shows the number of jobs added or lost in the US, will be released on February 7. If it turns out neutral or positive...NewsBTC
Feb 2, 2025
What Altcoins to Watch in February as Polkadot ETF Gains Momentum?
The ETF season is in full swing, and the latest to join the race? Polkadot. 21Shares has officially filed for a Polkadot ETF with the SEC, aiming to launch it on the Cboe BZX Exchange—the same exchange that introduced the first Polkadot exchange-traded product (ETP) back in 2021. Polkadot is a block...Bitcoinist
Feb 2, 2025
Peter Brandt voorspelt: XRP koers klaar voor explosie in februari na einde Ripple rechtszaak?
Peter Brandt is een echte expert op het gebied van trading. Al sinds 1976 is hij actief in de handelswereld en heeft hij een indrukwekkende carrière opgebouwd. Zijn beste jaarlijkse rendement was meer dan 600%, met slechts drie verliesgevende jaren en dalingen van minder dan 8%. De titel van gerenom...Bitcoinist
Feb 2, 2025
Double Bottom Pattern Suggests Dogecoin May Lead Crypto Market Gains This Month
Technical analysis of the Dogecoin price shows that the meme coin might be gearing up to outperform the market this month. Particularly, technical analysis of the Dogecoin/Bitcoin pair shows that an interesting bullish pattern has just emerged that could send Dogecoin on a journey to creating a huge...NewsBTC
Feb 2, 2025
Bitcoin Takes A Dip Below Key Moving Average – Deeper Pullback Looming?
Bitcoin’s price has hit a rough patch, dipping below a crucial moving average that has long served as a key support level. This break below the moving average has raised alarm among traders and investors, signaling potential weakness in the market. After a period of bullish momentum, this sudden shi...Bitcoinist
Feb 2, 2025
Bitcoin Price Must Hold Above $97K To Sustain Momentum – Metrics
Bitcoin has been trading sideways since mid-January, moving within a tight range between its all-time high and the $97,750 support level. The market remains divided, with bulls expecting a breakout into price discovery and bears speculating that the cycle top is already in. Despite this uncertainty,...NewsBTC
Feb 2, 2025
