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Texas Prioritizing Bitcoin Reserve for This Year
Texas Lieutenant Governor Dan Patrick haslisted the creation of a state-level Bitcoin reserve among the top legislative priorities for the current year.
Notably, the initiative has received a very symbolic bill number (Senate Bill 21). This is a reference to Bitcoin's maximum supply cap.
Earlier today, Axiosreported that the Lone Star State, which boasts a GDP of $2.4 trillion, could start owning the leading cryptocurrency as a financial asset. The bill would allow the state to collect coins t
Notably, the initiative has received a very symbolic bill number (Senate Bill 21). This is a reference to Bitcoin's maximum supply cap.
Earlier today, Axiosreported that the Lone Star State, which boasts a GDP of $2.4 trillion, could start owning the leading cryptocurrency as a financial asset. The bill would allow the state to collect coins t
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Breaking: Bitcoin Reacts to Latest Fed Decision
The Fed has decided to keep rates steady at 4.25-4.5% after holding its first meeting of 2025. The decision was unanimous.
This is the first pause initiated by the Fed after three rate cuts in a row.
As reported by U.Today, the decision was widely expected by market participants.
Bitcoin is currently trading above $102,000 on the Bitstamp exchange following the latest rate decision, dipping by a mere 0.2%.
In December, Bitcoin experienced a significant correction after the Fed indicated that
This is the first pause initiated by the Fed after three rate cuts in a row.
As reported by U.Today, the decision was widely expected by market participants.
Bitcoin is currently trading above $102,000 on the Bitstamp exchange following the latest rate decision, dipping by a mere 0.2%.
In December, Bitcoin experienced a significant correction after the Fed indicated that
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XRP, Bitcoin, and Other Tokens Bracing for Major Fed Decision
The Fed is expected to announce its rate cut decision later this Wednesday.
As of now, market odds are 99.5% that the Fed will not cut today, so there should be no surprises.
All major cryptocurrencies are trading in the red after the Fed's big decision, with Bitcoin dipping by 0.8%. Solana (SOL) and XRP are the worst-performing coins in the top 10, dropping by 3.1% and 4.4% over the past 24 hours.
According to analyst Gordon Johnson, it is alsolikely that the Fed will indicate a hawkish tilt
As of now, market odds are 99.5% that the Fed will not cut today, so there should be no surprises.
All major cryptocurrencies are trading in the red after the Fed's big decision, with Bitcoin dipping by 0.8%. Solana (SOL) and XRP are the worst-performing coins in the top 10, dropping by 3.1% and 4.4% over the past 24 hours.
According to analyst Gordon Johnson, it is alsolikely that the Fed will indicate a hawkish tilt
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Major Bitcoin Leverage Warning Issued by CryptoQuant Founder
Amid the ongoing price volatility on the cryptocurrency market, Bitcoin (BTC) has had its fair share of fluctuations. The leading digital asset has traded between $100,238.19 and $103,730.82 in the past 24 hours. This has prompted Ki Young Ju, CEO of CryptoQuant, to issue a significant warning to investors.
Rising taker sell pressure sparks concern
In an update shared on X, Young Ju noted that Bitcoin’s taker sell pressure, a metric that monitors market sell orders on exchanges, is increasing.
Rising taker sell pressure sparks concern
In an update shared on X, Young Ju noted that Bitcoin’s taker sell pressure, a metric that monitors market sell orders on exchanges, is increasing.
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AI Cryptos, Meme Coins Bleeding, Analyst Indicates 'Absolute Carnage'
Despite the unbelievable hype around artificial intelligence (AI) and its potential synergy with cryptocurrency, AI cryptos are heavily hit by ongoing market recession. The most trending community meme coins are also in deep red, Messari's Nick Garcia says.
AI, meme cryptos lost 60-70%: Analyst Nick Garcia
Altcoins associated with AI infrastructure and meme cryptocurrencies are among the worst performers, accompanied by the cryptos at the intersection of the DeFi and AI spheres. Such statement
AI, meme cryptos lost 60-70%: Analyst Nick Garcia
Altcoins associated with AI infrastructure and meme cryptocurrencies are among the worst performers, accompanied by the cryptos at the intersection of the DeFi and AI spheres. Such statement
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Toncoin (TON) Skyrockets 357% in Exchange Netflows, What It Means
Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has seen a surge in exchange netflows, catching the attention of the market and prompting discussions about the implications for TON.
According to IntoTheBlock, Toncoin has seen a 357% increase in exchange netflows. The intriguing part is that this negative netflow has positive implications for Toncoin.
The netflow indicator highlights the trend of traders sending money in and out of exchanges. Negative netflows indicate
According to IntoTheBlock, Toncoin has seen a 357% increase in exchange netflows. The intriguing part is that this negative netflow has positive implications for Toncoin.
The netflow indicator highlights the trend of traders sending money in and out of exchanges. Negative netflows indicate
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XRP on Verge of All-Time-High Breakout, Bollinger Bands Signal
XRP is showing signs of a potential breakout, as it recently pushed past the median of its Bollinger Bands on the daily time frame, now sitting at $3.067. This development is an interesting signal. The next logical move? A test of the upper Bollinger Band, which is currently at $3.53. IfXRP manages to reach that level, it would mark a new all-time high, surpassing its previous peak of $3.40 set just 13 days ago on Jan. 16.
Now, why does this matter? The Bollinger Bands are a tool used by trader
Now, why does this matter? The Bollinger Bands are a tool used by trader
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Biggest Shiba Inu 'Falling Knife' in 2025, Ripple CEO Opposes Bitcoin Reserve, France L...
Here are the top three news stories by U.Today from the past day.
Biggest Shiba Inu (SHIB) "falling knife" in 2025
Shiba Inu has experienced a significant decline, showing the signs of this year's most notablefalling knife pattern. The substantial candle's shadow on the daily chart indicates heightened market volatility, leaving investors uncertain about future price movements. At the moment of writing, SHIB is trading at $0.00001817, with the previous support level of $0.000020 becoming a res
Biggest Shiba Inu (SHIB) "falling knife" in 2025
Shiba Inu has experienced a significant decline, showing the signs of this year's most notablefalling knife pattern. The substantial candle's shadow on the daily chart indicates heightened market volatility, leaving investors uncertain about future price movements. At the moment of writing, SHIB is trading at $0.00001817, with the previous support level of $0.000020 becoming a res
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Global Bitcoin FOMO? Ex-Binance Boss CZ Just Spiced Things up Big Time
Changpeng Zhao is once again driving discussions around national Bitcoin adoption. The latest catalyst? A proposal from the Czech Republic’s central bank to allocate 5% of its national reserves — approximately $7.3 billion — intoBitcoin. If implemented, this would mark one of the most significant state-level Bitcoin acquisitions to date, securing over 71,000 BTC at current market rates.
Zhao has long suggested that governments are moving beyond passive observation and actively considering Bitco
Zhao has long suggested that governments are moving beyond passive observation and actively considering Bitco
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SHIB Price Prediction for January 29
The market has turned to red again, according to CoinStats.
SHIB/USD
The price of SHIB has fallen by 3.61% since yesterday.
On the hourly chart, the rate of SHIB is closer to the support than to the resistance level. If the picture remains the same by the end of the day, there is a chance to see a test of $0.00001789 by tomorrow.
On the bigger time frame, the price of SHIB is far from the main levels.
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However, if bulls lose the interim level of $0.00001750, traders may expect an ongoi
SHIB/USD
The price of SHIB has fallen by 3.61% since yesterday.
On the hourly chart, the rate of SHIB is closer to the support than to the resistance level. If the picture remains the same by the end of the day, there is a chance to see a test of $0.00001789 by tomorrow.
On the bigger time frame, the price of SHIB is far from the main levels.
card
However, if bulls lose the interim level of $0.00001750, traders may expect an ongoi
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Former Binance Boss CZ Suggests Bitcoin Might End Up Reaching $1 Million
Changpeng Zhao, the former chief executive officer of the Binance exchange, has suggested that the price of Bitcoin could surge to $1 million in the long run.
In fact, he believes that some governments will actually be lucky to purchase the cryptocurrency at such a price level.
The performance of Bitcoin will likely depend on how much money other countries are willing to print in order to Bitcoin.
CZ's bold prediction comes after Ales Michl, the governor of the Czech National Bank (CNB), has
In fact, he believes that some governments will actually be lucky to purchase the cryptocurrency at such a price level.
The performance of Bitcoin will likely depend on how much money other countries are willing to print in order to Bitcoin.
CZ's bold prediction comes after Ales Michl, the governor of the Czech National Bank (CNB), has
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DOGE Price Prediction for January 29
Sellers' pressure remains relevant, according to CoinMarketCap.
DOGE/USD
The rate of DOGE has declined by 1.78% over the last day.
On the hourly chart, the price of DOGE is falling after a false breakout of the local resistance of $0.3327. If bears' pressure continues, one can expect a test of the support level of $0.3161 by tomorrow.
On the bigger time frame, the situation is also bearish. The daily bar is about to close far from its peak.
card
If nothing changes, traders may witness an o
DOGE/USD
The rate of DOGE has declined by 1.78% over the last day.
On the hourly chart, the price of DOGE is falling after a false breakout of the local resistance of $0.3327. If bears' pressure continues, one can expect a test of the support level of $0.3161 by tomorrow.
On the bigger time frame, the situation is also bearish. The daily bar is about to close far from its peak.
card
If nothing changes, traders may witness an o
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18.24 Trillion Shiba Inu in 24 Hours, Major Price Shift Incoming?
Shiba Inu (SHIB) has registered significant activities in the last 24 hours as investors move strategically amid ongoing price volatility. According to CoinGlass data, over 18 trillion SHIB tokens have been committed in open interest.
SHIB’s open interest soars despite price dip
Notably, 18.24 trillion SHIB tokens valued at $334.44 million were invested, as shown by the open interest data, signaling increased interest from SHIB investors. The massive SHIB volume indicates investors are betting
SHIB’s open interest soars despite price dip
Notably, 18.24 trillion SHIB tokens valued at $334.44 million were invested, as shown by the open interest data, signaling increased interest from SHIB investors. The massive SHIB volume indicates investors are betting
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Community Bets on Bitcoin for Strategic Reserve — Vinny Lingham's Poll Shows
Internet entrepreneur Vinny Lingham decided to seek his X followers’ opinion as to which cryptocurrencies should be in the potential U.S. strategic crypto reserve — Bitcoin only or anything else from the top 10 altcoin list.
For this reason, Lingham initiated a poll on his personal X page. Here’s what the results showed.
Bitcoin chosen by majority
In particular, Lingham asked his followers about three top altcoins — XRP, ETH, and SOL: “Should the government include XRP, ETH and SOL in the Dig
For this reason, Lingham initiated a poll on his personal X page. Here’s what the results showed.
Bitcoin chosen by majority
In particular, Lingham asked his followers about three top altcoins — XRP, ETH, and SOL: “Should the government include XRP, ETH and SOL in the Dig
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Ex-Mt. Gox CEO Underscores Bitcoin's Crucial Role: Details
Mark Karpeles, the former CEO of the long-defunct early Bitcoin exchange Mt. Gox, has published a tweet, addressing the cryptocurrency community with a crucial statement on BTC and its role in shaping the current finance industry.
He also revealed three key tech spheres he follows closely; crypto was among them.
Karpeles's important Bitcoin statement
The person who ran the largest early exchange Mt. Gox, Mark Karpeles, unveiled that he closely watches three tech trends – cryptocurrencies, art
He also revealed three key tech spheres he follows closely; crypto was among them.
Karpeles's important Bitcoin statement
The person who ran the largest early exchange Mt. Gox, Mark Karpeles, unveiled that he closely watches three tech trends – cryptocurrencies, art
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Cardano's Big Day Arrives, Here's ADA's Price Reaction
Today is a big day for Cardano, as the much anticipated Plomin Hard Fork is set to be enacted tonight. According to Intersect, the mainnet hard fork governance action has been successfully ratified on-chain. In light of this, the Plomin hard fork will be enacted today at 9:44 p.m. UTC, Intersect announced.
Following the Chang upgrade, the Cardano blockchain entered into a bootstrapping phase of governance. The Plomin upgrade moves CIP-1694 out of the technical bootstrapping phase and unlocks th
Following the Chang upgrade, the Cardano blockchain entered into a bootstrapping phase of governance. The Plomin upgrade moves CIP-1694 out of the technical bootstrapping phase and unlocks th
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Ripple RLUSD Reserves Revealed for First Time: Details
A newRipple USD (RLUSD) reserves report has been revealed by BPM. The report focuses on Ripple's subsidiary, Standard Custody & Trust Company, which is responsible for the completeness, accuracy and validity ofRLUSD reserves until Dec. 31, 2024.
As of the end of 2024, the RLUSD supply outstanding is 77,208,201 RLUSD, with the market value of the reserves estimated at $83,214,671. Considering that the stablecoin is pegged 1:1 to USD, the coverage ratio is 107.77%. Most of this coverage is provid
As of the end of 2024, the RLUSD supply outstanding is 77,208,201 RLUSD, with the market value of the reserves estimated at $83,214,671. Considering that the stablecoin is pegged 1:1 to USD, the coverage ratio is 107.77%. Most of this coverage is provid
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'XRP Looks Like Best Altcoin': Seasoned Trader Shares His Chart
Jacob Canfield, seasoned trader and analyst, shares his thoughts on XRP's price performance in the short term. The Ripple-linked cryptocurrency is “unironically” among his altcoin picks right now.
XRP looks like “best altcoin chart”: Top trader
XRP, the third-largest cryptocurrency, is up for bullish momentum right now. Top trader and frequent crypto commentator Jacob Canfield opines that XRP showcases the “best chart” on the altcoin scene right now.
$XRP - Unironically looks like the best al
XRP looks like “best altcoin chart”: Top trader
XRP, the third-largest cryptocurrency, is up for bullish momentum right now. Top trader and frequent crypto commentator Jacob Canfield opines that XRP showcases the “best chart” on the altcoin scene right now.
$XRP - Unironically looks like the best al
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Stellar (XLM) Failed to Break Key Resistance: Price Levels to Watch Next
With the asset currently trading below a significant resistance level, Stellar is finding it difficult to sustain momentum following a botched recovery attempt. Since XLM is still in a consolidation phase without a distinct breakout, the price action points to investor indecision. After several attempts to rise, XLM is currently trading at about $0.39, indicating weakness.
Unbroken, the crucial resistance level of $0.42 serves as a formidable obstacle for buyers. Located at approximately $0.36,
Unbroken, the crucial resistance level of $0.42 serves as a formidable obstacle for buyers. Located at approximately $0.36,
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dogwifhat (WIF) Outperforms Top 100 Coins With 16% Surge
In the last 24 hours, dogwifhat (WIF) has surged by a notable 16% in price as it begins another rebound journey toward the $2 mark. According to CoinMarketCap data, WIF climbed 16.34% up to $1.34. This upsurge has placed WIF above all assets in the top 100 coins by percentage gains.
WIF jumps despite broader market sell-off
Notably, the combined market cap has recorded an average decline of 1.05% within the same time frame. This signals that WIF is likely experiencing a boost from market parti
WIF jumps despite broader market sell-off
Notably, the combined market cap has recorded an average decline of 1.05% within the same time frame. This signals that WIF is likely experiencing a boost from market parti