Author: Cointelegraph by Zoltan Vardai

Bitcoin Investing Made Simple!

Bitcoin bottoms at $91.5K on global trade war fears, highlighting economic concerns

Canada, Mexico and China promised “retaliatory measures” for Trump’s tariffs, which “heightened investor anxiety,” leading to the crypto market downturn, analysts told Cointelegraph Source link

Indian crypto holders face 70% tax penalty on undisclosed gains

India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act. Source link

Bitcoin analysts warn of $95K ‘bear trap’ despite record $102K monthly close

A bear trap is a form of coordinated but controlled selling that creates a temporary dip in an asset’s price, comprising a significant correction during a long-term uptrend. Source link

Trump’s CBDC ban to boost crypto adoption, Musk’s dad plans $200M memecoin raise: Finance Redefined

Trump’s executive order may be a “game-changer” for institutional crypto adoption, signaling a presidential bet on the existing crypto ecosystem. Source link

Bitcoin ETFs surpass $125B, BlackRock's IBIT ranks 31st worldwide

Bitcoin ETFs accounted for 6% of all ETF inflows from Jan. 1 to 24, amassing over $4.2 billion in investments. Source link

Bitcoin's February momentum hinges on next week's labor market data

Bitcoin’s price remains sensitive to macroeconomic conditions, with analysts eyeing the upcoming US labor report as a key driver for February’s momentum. Source link

XRP's 50% rally outperforms crypto market in January — Is $4 the next stop?

XRP decoupled from the crypto market after positive regulatory developments for Ripple Labs reinforced investors’ bullish conviction in the altcoin. Source link

Illinois pushes for strategic Bitcoin reserve with 5-year hodl strategy

Illinois’ HB1844 bill proposes a state-run Bitcoin reserve with a mandatory five-year holding period before allowing conversions or sales. Source link

Illinois considering strategic Bitcoin reserve with 5-year hodl strategy

Illinois’ HB1844 bill proposes a state-run Bitcoin reserve with a mandatory five-year holding period before allowing conversions or sales. Source link

Crypto mobile wallets hit 36M record high amid growing retail adoption

Increasingly more passive crypto holders are turning into active users and interacting with blockchain-based protocols. Source link