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Popular Bitcoin firebrand Michael Saylor believes the US government should acquire 20% of the BTC in existence. While speaking at the Conservative Political Action Conference (CPAC) this week, the Strategy executive chairman argued that BTC was digital property and an important tool for the US to “own cyberspace” in the future. “Right now you can literally…

New documents reveal that a Montana bill to use Bitcoin (BTC) as a reserve asset is heading toward the state’s House of Representatives for a vote. According to legislative tracking service LegiScan, Montana House Bill 429 – which would allow the state to invest in precious metals and digital assets – has passed a Committee…

Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price movement. Notably, blockchain analytics firm Glassnode has shared a…

Bitcoin’s price rally may be under threat as it continues to trade under $100,000. According to analysts at JPMorgan, there’s been a notable decline in institutional interest in the crypto industry, particularly through Bitcoin and Ethereum futures contracts.  Institutional Demand Declines, Futures Market Signals Weakness Institutional investors have been a major primer for Bitcoin’s price…

A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level. If this happens, Bitcoin could see further downside to $80,000…

Bitcoin (BTC) has faced a series of bearish indicators in recent weeks, casting doubt on its near-term prospects. Recent market data has shown declining investor interest, particularly from U.S. investors, combined with weaker retail activity. As Bitcoin hovers around critical support levels, questions arise as to whether these troubling signs signal the start of a…

A man comforts his daughter on the charred ruins of their family home burned in the Eaton Fire in … [+] Altadena, California, January 9, 2025. (Photo by ZOE MEYERS/AFP via Getty Images) AFP via Getty Images For generations, conventional wisdom has dictated that real estate is one of the safest and most reliable ways…

Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion. https://static.news.bitcoin.com/wp-content/uploads/2025/02/todaysbtcpirce.png 2025-02-22 15:10:27