Crypto News

Bitcoin (BTC) difficulty hit an all-time high of 114.7 trillion (T) following a 5.6% upward adjustment over the weekend, according to CoinWarz. This coincides with the Hash Ribbon metric signaling a miner capitulation. Hash Ribbon, is a market indicator, which hints at a local bottom for bitcoin (BTC) and often forms when miners capitulate — when mining costs exceed profitability.According to Glassnode data, miner capitulation began in early February. Bitcoin is down over 4% month-to-date. Historically, when this metric signals capitulation, it has marked local price bottoms. If this pattern holds, bitcoin’s bottom could be around $91,000. The last capitulation signal occurred in October 2024, just before BTC surged 50%.This rise in difficulty is due to bitcoin’s rising hash rate,...

Binance’s former CEO has denied buying meme coins or NFTs, attributing their rise to speculation and regulatory scrutiny of utility tokens.Source link

PRESS RELEASE. Geneva, Switzerland – February 10, 2025 – Messari, CryptoQuant, CryptoRank, and Cointelegraph, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network’s significant advancements in blockchain activity, ecosystem expansion, and innovation. These reports emphasize TRON’s growing role in decentralized finance (DeFi) and stablecoin adoption, showcasing its robust technicalSource link

By Omkar Godbole (All times ET unless indicated otherwise)Despite the increasing rhetoric surrounding President Donald Trump's tariffs, bitcoin (BTC) is holding steady alongside positive cues from foreign exchange risk barometers like AUD/JPY. Later today, Trump is due to impose 25% tariffs on steel and aluminum imports on top of additional metal duties.This market stance ahead of an impending tariff escalation contrasts starkly with the risk aversion observed a week ago, when Trump fired the first tariff shot. Perhaps market participants think he's using aggressive tactics to negotiate trade deals rather than committing to sustained tariffs. This notion has gained traction following lat Monday's decision to suspend tariffs on Mexico and Canada for 30 days, hinting at a more strategic approach...

The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcingSource link