Michael Sonnenfeldt recently announced that his private group Tiger21, which is composed of some of the wealthiest investors, collectively has a $200B net worth – $6B of which is strategically held in crypto, shining a light on top meme coins. Considering some of the richest allocate 1-3% of their capital to $BTC, why should anyone doubt cryptos' potential?
Bitcoin giant MicroStrategy has huge news — and no, it's not another Bitcoin purchase.
Bitcoin is showing signs of a potential recovery, emerging from a validated bullish pattern. The crypto has managed to regain momentum, with whale investors playing a crucial role in its price surge.
Satoshi Nakamoto's Bitcoin holdings may be worth over $108 billion, potentially making the Bitcoin creator wealthier than Bill Gates, according to new onchain research.
Ether ETFs have now seen five consecutive days of inflows, adding $18.11 million, while bitcoin ETFs recorded a net inflow of $66.37 million. Bitcoin ETFs See Another Day of Gains While Ether ETFs Mark Five Days of Inflows Bitcoin and ether exchange-traded funds (ETFs) continued to draw investor interest on Wednesday, Feb.
Bitcoin surges to $98,710 after Eric Trump's endorsement. Will BTC break $100K? Expert forecasts, technical analysis, and key price levels inside. The post President Trump's Son Says It's Time to Buy Bitcoin – Is BTC About to Go Parabolic? appeared first on Cryptonews.
The bill, signed into law in 2024, marks a significant move towards embracing digital currencies. It offers New Mexico a chance to diversify its investment portfolio and hedge against inflation.
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BlackRock intends to launch its first Bitcoin ETP in Europe, based in Switzerland. Inflows to US Bitcoin ETFs totaled $35B ($40.6B) in 2024, indicating substantial institutional interest.
TL;DR Arthur Hayes, former BitMEX CEO, warns that a US Bitcoin reserve could be used as a political tool, leading to instability in the crypto market. Hayes argues that creating a national Bitcoin stockpile could result in significant price volatility and be exploited for political gains by future administrations.
The global crypto market saw moderate green indexes even though Bitcoin (BTC) failed to regain the $100k mark so far. It seems like investors are still looking for more bullish flags.
Arthur Hayes foresees a possible Bitcoin price correction to $70,000-$75,000, driven by political factors.
“He and I are focused on the 10-year Treasury,” Bessent stated. “He is not calling for the Fed to lower interest rates.”
MicroStrategy rebrands to Strategy using a Bitcoin logo to emphasize a solid Bitcoin First mission. “Strategy” now holds 471,107 BTC accumulation, worth $46 billion, and continues mass purchases.
In the 48 hours before new tariffs on Canada and Mexico were scheduled to go into effect, there was a huge sell-off in just about every single cryptocurrency, including market leader Bitcoin (BTC 0.75%). At one point, Ethereum (ETH 0.75%) was down as much as 25%.
TL;DR MicroStrategy has rebranded to Strategy™ and announced a $20 billion investment in Bitcoin, solidifying its position as the largest corporate holder of the cryptocurrency. Despite a 3% year-over-year decline in total revenue, Strategy reported a 74.3% yield on Bitcoin in 2024.
Standard Chartered now projects a staggering $500,000 price target for Bitcoin (BTC) within the next three years. The British multinational bank attributes BTC's potential extraordinary price surge to two key factors.
The crypto landscape is undergoing a silent earthquake. As altcoins attempted to rise into the spotlight, a giant regained control: Bitcoin.
As investors shift focus to tariff fallout, the stakes are rising. Can Bitcoin handle the ripple effects?
In his latest essay entitled “The Genie,” crypto entrepreneur and former BitMEX CEO Arthur Hayes denounced calls for a United States Bitcoin Strategic Reserve (BSR), warning that such a program would create “unnecessary pain in under two years” and transform the world's largest cryptocurrency into a potent political weapon. Hayes also cautioned the industry against pursuing what he deems to be an overcomplicated “Frankenstein crypto regulatory bill,” which, he argues, would primarily benefit large centralized institutions rather than foster true decentralization.
Bitcoin enthusiasts have long touted the creation of a strategic Bitcoin reserve as a hedge against inflation that can reduce the national debt and reinforce the United States' position as a global financial leader.
Editor's Note: This story has been updated to clarify Alan Howard's holdings in Block.one. In the wake of a significant upswing in the cryptocurrency market, crypto exchange Bullish Global is reportedly contemplating an initial public offering (IPO) in 2025.
Sygnum forecasts that a $1 billion Strategic Bitcoin Reserve purchase could trigger a demand shock and increase BTC's market cap by $20 billion.
MicroStrategy rebrands as Strategy, emphasizing its bitcoin-first focus despite Q4 losses of $670.8 million, while planning to raise $42 billion over three years for continued bitcoin acquisitions.
US Bank, with assets under management of $472 billion, reported it held $24 million in Bitcoin ETFs. In its SEC filing, the bank reported its ETF holdings at $14 million last year.
The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.
Bitcoin is preparing for a rally, targeting values above $100,000. Key resistance lies at $105,784, while support at $96,358 must hold.
Standard Chartered Bank predicts Bitcoin will reach $500,000 by 2028, driven by growing ETF inflows, decreasing volatility, and improved investor access under the current administration
Eric Trump's recent Bitcoin endorsement caused a modest price increase to $98,000, following his earlier Ethereum tweet that coincided with a 35% price recovery, while Trump-linked World Liberty Financial relocated its crypto holdings to Coinbase amid a 90% portfolio value decline.
New Mexico has proposed Senate Bill 57 to invest 5% of public funds in Bitcoin, joining 22 other states in considering cryptocurrency legislation, while the federal government evaluates establishing a national Bitcoin reserve.
On-chain data reveals substantial Bitcoin accumulation by whale wallets in February 2024, with 135 new addresses holding over 100 BTC emerging as prices consolidated above $97,500.
The Czech National Bank (CNB) is considering investing 5% of its €140 billion (around $145 billion) international reserves in Bitcoin, a move that could redefine the role of digital assets in central bank reserves. The proposal, spearheaded by CNB Governor Aleš Michl, has drawn a mixed response from European policymakers and financial experts.
The company has expanded its partnership with Visa to bring innovative Bitcoin rewards programs to the market. This includes Fold's popular debit card and soon-to-be-released credit card products.
Coinbase alone registered a net outflow of over 15,000 BTC Wednesday, hinting at a major institutional purchases of coins.
Hayes warns that a BTC reserve would serve political interests rather than financial stability, with leaders exploiting price fluctuations.
A closely followed crypto strategist is warning that Bitcoin (BTC) could collapse by double-digit percentage points if it loses one key level. Analyst Ali Martinez tells his 122,900 followers on the social media platform X that Bitcoin could plummet to $74,400, a level last seen in November, if BTC cannot hold $92,180 as support.
On-chain data analysis shows that Bitcoin whales with over 100 BTCs have been increasing in February as retail traders liquidate, which is often a bullish signal.
The Czech central bank is reviewing a Bitcoin reserve plan that may take months, with potential exposure set to be well below the originally suggested, sources say.
The American company MicroStrategy, known for its massive commitment to BTC, announced a major rebranding. From now on, it will simply be called "Strategy" and will adopt the orange color and the bitcoin logo, marking a new step in its evolution.
Strategy (formerly known as MicroStrategy) has reported its largest quarterly Bitcoin acquisition to date, marking a significant expansion of its holdings in the fourth quarter of 2024. In the last quarter of 2024, the firm purchased 218,887 BTC, bringing its total holdings to 447,470 BTC as of Dec. 31.
The mystery surrounding Satoshi Nakamoto, the anonymous creator of Bitcoin, has taken an interesting turn. A new on-chain analysis has uncovered 24 Bitcoin transactions from wallets believed to be linked to Satoshi, revealing that some of these funds were sent to Cavirtex, a Canadian crypto exchange.
Bitcoin's recent dip below the $100,000 mark has caused some turmoil in the crypto space, with many investors losing confidence and selling off their holdings.
On-chain data shows user activity on Bitcoin went up during 2024, with the network processing an average of $8.7 billion in daily volume. Bitcoin Witnessed A Massive Amount Of Economic Volume During 2024 In a new post on X, the on-chain analytics firm Glassnode has discussed about the trend in the Transfer Volume of Bitcoin.
TRUMP and LTC are the two top performers from the larger-cap alts today.
Bitcoin price has shown a modest price drop of 0.40% in the last 24 hours. The cryptocurrency's daily trading volume shows a 32.80% drop as per CMC data.
Amid the recent market shakeouts, Bitcoin (BTC) has shown strength, remaining near the crucial $100,000 barrier during its drops. While the flagship cryptocurrency is momentarily expected to continue its horizontal trajectory, some analysts forecast that BTC's next leg up might start once it reclaims the recently lost key level.
MicroStrategy has officially changed its name to Strategy, marking a pivotal shift in its identity associated with Bitcoin.