Bitcoin traders are displaying deep pessimism, evidenced by a massive options bet indicating an expectation of a price drop to $60,000. This bet, worth nearly $100 million, is […]
Metaplanet Acquires 160 BTC Amidst Bitcoin Market Dip, Signaling Growing Institutional Confidence in Japan
Japanese firm Metaplanet recently acquired 160 Bitcoins for ¥1.99 billion ($13.33 million) during a recent market downturn. This purchase signifies growing confidence among Asian institutions in Bitcoin’s long-term […]
Bitcoin and Ethereum ETFs Face Outflows Amid Tariff Uncertainty
Bitcoin and Ethereum exchange-traded funds (ETFs) are experiencing outflows as the impending tariff announcements by President Trump create market uncertainty. Despite this trend, the Bitwise Bitcoin ETF is […]
Can Bitcoin Challenge the Dominance of Traditional Banks?
The financial landscape is undergoing a significant transformation, driven by a decentralized force challenging traditional banking systems: Bitcoin. Born amidst the chaos of the 2008 financial crisis, Bitcoin […]
Peter Schiff Challenges Bitcoin’s Investment Status, Raises Concerns Over Volatility
Economist Peter Schiff has once again voiced his skepticism about Bitcoin’s classification as digital gold, arguing that its volatility undermines its suitability for investment. In a recent social […]
Mike McGlone Shifts Course: Predicts Bitcoin Rally Amid Economic Reset
Bloomberg Intelligence’s Mike McGlone has flipped his bearish outlook on Bitcoin to one of bullish prediction for the year ahead. This shift comes as he acknowledges a significant […]
Bitcoin Experiences Rare Golden and Death Cross Duel
A highly unusual scenario has unfolded in Bitcoin’s price chart, displaying a rare intersection of golden and death cross patterns. This unprecedented convergence is set to challenge typical […]
Metaplanet Acquires $13 Million in Bitcoin Amidst Market Uncertainty
Metaplanet, a Hong Kong-based firm reminiscent of Japanese investment giant Strategy, has entered the crypto market by acquiring a significant sum of Bitcoin despite current market volatility. This […]
Peter Schiff Questions Bitcoin’s Gold Claim: Volatility and Uncertainties Undermine its Stability
Economist Peter Schiff has reignited the debate about Bitcoin’s suitability as a safe investment by questioning its status as digital gold. In his latest comments, Schiff highlighted Bitcoin’s […]
FAT Brands Embraces Bitcoin Payments for Franchise Fees
FAT Brands, a major restaurant chain operator with 18 established brands and over 2,300 locations globally, is pioneering the acceptance of Bitcoin for franchise fees. According to Foresight […]
Grayscale Pushes for Expanded Crypto ETF Access
Grayscale Investments, a leading force in the cryptocurrency investment sector, has submitted an S-3 registration statement to the U.S. Securities and Exchange Commission (SEC) for its Digital Large […]
Grayscale Launches Two New Bitcoin Products for Income Generation
Cryptocurrency asset manager Grayscale Investments has introduced two new outcome-oriented Bitcoin exchange-traded funds (ETFs), aiming to generate income from market volatility. The Grayscale Bitcoin Covered Call ETF (BTCC) […]
Tether Bolsters Bitcoin Reserves; Metaplanet Follows Suit
Tether, the leading stablecoin provider, significantly expanded its Bitcoin holdings by acquiring over 8,888 BTC worth $735 million. The move strengthens Tether’s market dominance and contributes to record […]
MARA’s $2 Billion Bitcoin Plan: Impact on Market and the Crypto Landscape
Mining giant MARA Holdings is doubling down on its aggressive Bitcoin strategy, announcing a $2 billion stock offering to acquire more cryptocurrency. The company currently holds 46,374 BTC, […]
Bitcoin Eyes Breakout: Key Price Levels to Watch This Week
Bitcoin (BTC) is teetering at a critical juncture between $82,000 and $87,000. Analysts anticipate a decisive price movement in the coming days. Recent market data and technical indicators […]