Abstract: The present disclosure is directed to a one-wheel manually powered, two-blade ice bike vehicle capable of both pedal powered and gliding movement over ice wherein selection of the mode of movement is conveniently and safely located at the rider's fingertips in the vicinity of the handlebars with a studded drive wheel tire being raised and lowered readily at the driver's fingertip selection and control by a forked axle mount raising and lowering assembly with spring/cable/handle control assembly. The ice bike moves over the ice via front and rear smoothly contoured, concave bottom blade surfaces with the single studded tire drive wheel being lowered for forward movement. The forward movement is by a centrally located pedal driven sprocket-chain arrangement. The coaster/brake arrangement enables the driver to selectively disengage the studded wheel from the ice and coast the ice bike while the bike is travelling at fairly high speeds, e.g.