Bitcoin spot ETFs (exchange-traded funds) witnessed a landmark month in November, with net inflows surging to an unprecedented $6.2 billion. This financial instrument, which offers institutional investors indirect access to Bitcoin (BTC), broke the previous […]
Japanese investment firm, Metaplanet has announced a plan to raise 9.5 billion Japanese yen, worth $62 million, through a stock acquisition scheme. This move marks another step in boosting its Bitcoin portfolio. It aligns with the […]
A well-known gold advocate denounced MicroStrategy’s investment plan to purchase more Bitcoin and build up its crypto reserve. Peter Schiff, a vocal critic of the firstborn cryptocurrency, also slammed the pro-crypto stance of President-elect Donald […]
Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin mining firms, has made significant strides in its cryptocurrency acquisition strategy. In a statement on November 27, the company revealed it had purchased 6,474 […]
Bitcoin’s recent explosive price action has resulted in a significant surge in profit-taking among long-term holders (LTHs). According to a review by Glassnode, the LTHs have realized $2.02 billion in daily profits, eclipsing the figure […]
If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its […]
Pantera Capital has forecasted that Bitcoin could hit $740,000 by April 2028. The firm recently announced a milestone for its Bitcoin Fund, which has achieved a remarkable 1,000x return. The fund’s lifetime performance now stands […]
Digital asset investment products experienced a record-breaking week, with $3.13 billion in inflows, pushing total investments since mid-September – the start of US interest rate cuts – to $15.2 billion. According to CoinShares, year-to-date inflows […]
Recent gains in Bitcoin are owed in part to changes in the political environment, particularly in the US. Incoming US President Donald Trump is backing cryptocurrencies, sparking renewed market optimism among investors. From reforms in […]
This week, three US economic events will be on crypto traders’ and investors’ watchlists. The interest comes amid the continued influence of US macroeconomic data on Bitcoin (BTC) and crypto prices in 2024, after drying […]
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