BlackRock's Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since the ETF was launched in January 2024. According to a filing submitted to the US Securities and Exchange Commission (SEC) on March 2, the fund held 821,664 shares of IBIT as of Jan.
The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investor disapproval of the bitcoin acquisition plans.
GameStop (GME) shares are returning to normal levels today following an initial rally on the announcement of fundraising plans to buy Bitcoin (BTC). Yesterday, GameStop announced a proposed private offering of $1.3 billion in convertible senior notes with plans to use the funds to purchase the crypto king.
The shares of GameStop (GME) have already collapsed by more than 25% this Thursday.
Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart. As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the end of Q1.
Bitcoin's historic "moon landing" level highs have come down to Earth. They rose thanks to the Trump administration's pro-cryptocurrency rhetoric.
A widely followed crypto analyst says the decentralized oracle network Chainlink (LINK) may be at the start of a new uptrend. Michaël van de Poppe tells his 781,500 followers on the social media platform X that LINK is starting to break out against Bitcoin (LINK/BTC) on the weekly chart.
Technical expert Tony Severino has revealed why he is no longer bullish on BTC and other crypto assets amid the recent Bitcoin price drawdown. The analyst had also earlier raised the possibility of the flagship crypto dropping to as low as $22,000.
The digital asset stayed relatively flat as markets braced for the confirmation of President Donald Trump's pick for Chairman of the U.S. Securities and Exchanges Commission (SEC), Paul Atkins, on Thursday.
President Donald Trump's newly announced 25% tariff on foreign auto imports has added a layer of uncertainty to global markets—and cryptocurrency is not immune. While some experts see short-term volatility, others argue that the move only strengthens Bitcoin's (CRYPTO: BTC) long-term case as a decentralized asset.
Bitcoin Magazine Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy Congressman Gabe Amo (D-RI) and Congresswoman Young Kim (R-CA) believe that blockchains can help protect democratic values, citing evidence of the Bitcoin blockchain being used to safeguard election results. This post Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy first appeared on Bitcoin Magazine and is written by Frank Corva.
Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets. BTC/USD 1-hour chart.
Early Bitcoin pioneers such as Roger Ver navigated legal and financial risks comparable to soldiers “running into machine gunfire,” investor Trace Mayer said in a recent interview, underscoring the high-stakes environment that shaped cryptocurrency's rise.
Bitcoin teeters above a pressure point. Could $84K be the trapdoor no one sees coming?
As April approaches, traders are closely watching whether Bitcoin can maintain its current momentum or face another round of volatility. The leading crypto trades at $87,208, noting a 10% uptick in the past two weeks.
Following in the footsteps of Michael Saylor's Bitcoin-buying company Strategy, video game and consumer electronics retailer GameStop announced Wednesday that it intends to issue $1.3 billion of convertible senior notes to kick off its new BTC acquisition plan.
Bitcoin Magazine Hardware Wallets: Bitcoin's Biggest Adoption Barrier Bitcoin hardware wallets have a lot of catching up to do in order to support Bitcoin's growing functionality. This post Hardware Wallets: Bitcoin's Biggest Adoption Barrier first appeared on Bitcoin Magazine and is written by Zach Herbert.
Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling retail business.
U.S. markets and crypto are still in the grip of fear as the economy continues to move into a very uncertain 2025. That said, in the face of this adversity, Bitcoin (BTC) is still maintaining its gains of the last couple of weeks, as it holds above the important 200-day moving average.
As the risk of tariff-related uncertainty persists into the second quarter, the crypto market could face another dip following the recent correction in March, analysts at Nansen say.
Historical on-chain data signals that BTC may be repeating history, so there is still more room for growth in this bull cycle.
TL;DR Zeus Network launches APOLLO, a decentralized platform that allows Bitcoin to be used on the Solana network. It introduces zBTC, a permissionless version of Bitcoin for the Solana DeFi ecosystem, offering a more transparent alternative to Wrapped Bitcoin.
Deribit's own DVOL index is signaling low implied volatility and limited expectations for sharp price action," the CEO said.
Could GameStop's Bitcoin move push meme coins into another wild rally?
Bitcoin supply on exchanges has hit a 7-year low while whale purchases are also up significantly amid market uncertainty.
The crypto market wavered on Thursday as concerns about recession rose after Donald Trump announced new auto tariffs. These tariffs came ahead of April 2, his Liberation Day when he will implement reciprocal tariffs.
Bitcoin (BTC) has been on a slow recovery since mid-March. Moves to the upside are limited, and at present, involve multiple unsuccessful attempts to breach local resistance levels before a decisive break ultimately occurs.
Gold bug and Bitcoin critic Peter Schiff has weighed in on the latest market movements.
The "dance" between the third biggest cryptocurrency, XRP, and its major counterpart on the market, Bitcoin (BTC), continues, and if the chart tells a story, it is not in favor of the former.
JAN3, the digital infrastructure company founded by Samson Mow in 2022 which focuses on accelerating hyperbitcoinization by providing tools for BTC adoption, stirred fresh debate on sovereign Bitcoin adoption by sharing a bold statement on X: Bitcoin adoption among nation-states is accelerating.
The U.S. advances plans for its Bitcoin Strategic Reserve as part of its goal of becoming a leader in digital assets. What's the current state of the Reserve and why does it matter?
Web3 money app Wirex said Thursday (March 27) that it launched a travel booking platform that offers reduced rates on hotel stays and cash-back rewards when using a Wirex card.
Stocks are largely unmoved today despite Donald Trump pre-empting his own hyped up April 2nd announcement by revealing 25% tariffs on all car imports from anywhere in the world.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
In 2022 and 2023, GameStop saw $85 million in proceeds from selling digital assets, according to an SEC filing.
Cryptocurrency prices retreated slightly on March 27 after Donald Trump's Liberation Day came early for global automakers. Bitcoin (BTC) fell below $86,000, while the total crypto market capitalization tracked by CoinMarketCap declined by 1.67% to $2.83 trillion.
Yesterday, Blockchain Group announced the purchase of 580 Bitcoin. Now the company owns a total of 620 BTC. They declared:
Zeus Network announces the launch of APOLLO, the first fully trustless and decentralized Bitcoin exchange on Solana.
Bitcoin is seeing unprecedented adoption with the US establishing a “strategic Bitcoin reserve,” but some prominent Bitcoin advocates believe the project is getting away from its roots.Earlier this year, Jack Dorsey, a Bitcoin proponent and founder of Twitter, said that he believed if Bitcoin becomes just a form of “digital gold” then the project has failed. He said that a national Bitcoin reserve may be “good for the nation-state, but I don't necessarily know if it's good for Bitcoin.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue to stabilize near key support zones as traders await potential volatility from former President Donald Trump's “Liberation Day” scheduled for April 2. Policy announcements and tariff expectations from the event may increase market sensitivity across crypto and risk assets.
The Blockchain Group, a prominent player in Europe's cryptocurrency landscape, has bolstered its Bitcoin treasury with a significant acquisition of 580 BTC. The firm, which touts itself as Europe's first Bitcoin treasury company, revealed the purchase in a press release, noting it now holds 620 BTC. Given the earlier two Bitcoin buys, the €47.
CryptoQuant outlined the ups and downs of the spot Bitcoin ETFs and what's ahead.
An analysis presented by a Bitcoin expert indicates a huge chunk of the currency is now required for retirement in the US. Based on a chart posted by the analyst, “apsk32,” the average American citizen would need around 30 BTC to live comfortably during their retirement.
Spiderchain is a Bitcoin Layer 2 that uses a bespoke proof-of-stake consensus mechanism and account-based model.
Clifford Asness, the co-founder of AQR Capital Management, has stated that he is not a fan of Bitcoin. At the same time, he would not go as far as calling the leading cryptocurrency "a scam.
Michael Saylor, the renowned Bitcoin (BTC) advocate and executive chairman of Strategy has shared a significant message with the crypto community. In a post on X, Saylor used the viral Ghibli trend to spread the notable message.
BlackRock's new European Bitcoin exchange-traded product (ETP) is a major step for Bitcoin's institutional adoption in Europe, though analysts expect lower inflows than its US counterpart.The iShares Bitcoin ETP, managed by the world's largest asset manager, began trading on March 25 on Xetra, Euronext Amsterdam and Euronext Paris. While the launch marks a significant step in bringing Bitcoin (BTC) exposure to European investors, analysts at Bitfinex said the product is unlikely to match the success of the US-based iShares Bitcoin Trust exchange-traded fund (ETF), which has seen strong demand from institutional and retail investors.
The Blockchain Group, a French company, has just acquired 580 bitcoins for 47 million euros, establishing itself as the first European "Bitcoin Treasury Company." This strategy, inspired by Michael Saylor's strategy, has led to a spectacular surge in its stock price.