Bitmex founder Arthur Hayes predicts China's aggressive monetary easing could spark a historic bitcoin rally, as yuan expansion indirectly fuels crypto demand.
BlackRock, the largest asset management firm globally, has raised its Bitcoin holdings to nearly $27 billion. With approximately 403,725 BTC now under its control through the iShares Bitcoin Trust ETF, valued at around $26.98 billion, this move highlights a burgeoning confidence in Bitcoin as a serious investment asset.
In a move billed as “historic,” a purported revelation of Satoshi Nakamoto's identity is scheduled for a live press conference on Oct. 31, sparking debate and skepticism within the bitcoin community.
Crypto commentators are “bullish” on MicroStrategy's plan, predicting it will propel the company ahead of not just other public firms but countries too.
Bitcoin is marching higher, easing past $70,000 and $72,000 in the past two days, sparking a wave of demand. Although prices are moving within a tight range at spot rates, the uptrend remains.
A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility.
As the US Presidential Election draws near, Bitcoin's dominance over the cryptocurrency market is rising. This potentially dampens hopes for an altcoin season.
Reddit sold the majority of its cryptocurrency holding, mainly dominated by Bitcoin, before BTC started pumping up in October, as revealed in its latest Securities and Exchange Commission (SEC) filing. The news comes as Bitcoin has experienced a significant price gain that cryptocurrency traders have coined the term ‘Uptober.
New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.
After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.
As Bitcoin's price climbs above $72,000, short liquidations have surged, signaling heightened market volatility..
The cryptocurrency market is witnessing a renewed sense of optimism, particularly regarding Bitcoin (BTC). Matthew Sigel, head of digital asset research at investment management firm VanEck, recently shared insights indicating that Bitcoin is poised for a positive trend as election day approaches.
MicroStrategy's "21/21" plan involves an equal split of equity sales and fixed income securities offerings.
The bulk of Reddit's cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.
The company will use $21 billion of equity and $21 billion of fixed income securities to buy more Bitcoin.
MicroStrategy has upped the ante with it announcing in a filing with the Securities and Exchanges Commission (SEC) a $42 billion capital plan.
MicroStrategy's "21/21 Plan" targets $42 billion in capital over the next three years and aims to support further acquisitions of bitcoin.
Bitcoin has recently broken past the $71,000 level, fueling renewed enthusiasm among bullish investors. Analysts are optimistic, citing strong indicators that suggest Bitcoin could be on the verge of a new all-time high (ATH).
Experts see Microsoft's consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value.
American software company, MicroStrategy has undoubtedly become one of the most Bitcoin (BTC) bullish firms
MicroStrategy will be raising $42 billion in capital in equity and fixed income securities solely to buy more Bitcoin. The company is already a holder of a whopping $18 billion worth of BTC.
MicroStrategy has announced its plans to raise capital to purchase more Bitcoin over the next three years and boost its Bitcoin strategy. Interestingly, the company also revealed its new status as a Bitcoin Treasury Company.
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Spot bitcoin ETF's saw $870 million worth of inflows as BTC approaches a record high. Plus, insights on sentiment around the largest token by market cap as daily OTC desks drop to year lows.
Bitcoin's price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak.
Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.
ETF analyst anticipates substantial Bitcoin inflows continuing this week.
Florida's Chief Financial Officer, Jimmy Patronis, has formally requested that the state's pension fund managers explore the feasibility of investing in Bitcoin, positioning the state to potentially adopt BTC as a strategic reserve asset.
Business intelligence firm MicroStrategy has announced that it plans to raise a whopping $42 billion over the next three years in order to purchase more Bitcoin.
Bitcoin's recent rally has lead to double digit gains for top meme coins.
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
Bitcoin (BTC) has led crypto market gains this month, trading in line with on-chain projections. Data shows several technical indicators tilting toward a full-scale uphill run for the asset.
As the US presidential election approaches, former President Donald Trump's odds on crypto betting platforms like Polymarket have surged, with analysts predicting significant implications for Bitcoin prices if he secures a second term in the Oval Office. However, market expert Patrick H.
A handful of Bitcoin traders have projected new all-time highs for the asset as it crossed a significant milestone. Whales and other bulls are setting the tone for a massive surge in the coming weeks.
The cryptocurrency market is opening the week with a surge of optimism as Bitcoin (BTC) grapples with its ongoing struggle to breach the critical $70,000 resistance. This situation is not just a challenge for Bitcoin; it's fostering a bullish atmosphere across the entire market.
As bitcoin's price nears its all-time high, the network's hashrate is hitting impressive heights once again this year. Bitcoin's Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC's rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin's network hashrate is soaring. At 11:30 a.m.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have performed well in recent weeks, with consecutive inflows attributed to the recent surge in Bitcoin prices. At press time, these ETFs had $72.55 billion in net assets, equivalent to 5% of Bitcoin's total market capitalization.
Bitcoin is still holding on to gains suggesting strong bullish sentiment remains after its recent breakout.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Anthony Scaramucci, founder of SkyBridge Capital, recently stated that Bitcoin is still "very early."
The wider crypto market has been abuzz following Bitcoin's recent impressive performance, which has resulted in the premier crypto getting precariously close to revisiting its current all-time high price.
Ethereum has been lagging Bitcoin's rally by 50%. A break below $2121 targets $700-1000.
The latest filing with the SEC has revealed that Reddit has sold the majority of its cryptocurrency portfolio during the third quarter, offloading Bitcoin and Ethereum once held “for treasury purposes.” JUST IN: Reddit sold the majority of its #Bitcoin before BTC started pumping in October — SEC filing pic.twitter.
The Japanese investment firm Metaplanet now holds more than $168 million worth of Bitcoin after a recent BTC purchase. The firm began accumulating the top crypto asset by market cap after it announced a shift in its treasury management strategy earlier this year, purchasing a total of 156.78 BTC over the weekend.
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
Extreme greed grips the crypto market as Bitcoin dominance soars, but savvy investors recognize this as the calm before the altcoin storm.