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Bitcoin
Bitcoin price analysis sees ‘strong rally’ as old coins become dormant
A decline in the share of Bitcoin’s realized cap held by coins unmoved for 18 months or longer points to the ‘early stages’ of a bull market, analysis says.
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Bitcoin ETFs claw back $110M after $774M exit
US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound.
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Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
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No New Bitcoin Purchase From Strategy, but STRC Buybacks Roll On
While Matt Cole’s Strive just executed its single-largest bitcoin purchase to date, Michael Saylor’s Strategy has remained on the sidelines. Instead, the NASDAQ-listed business intelligence software firm has doubled down on its…
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Strive Makes Largest-Ever Bitcoin Purchase With 6,182 BTC Buy
CEO Matt Cole announced on X that the company he runs has purchased 6,182 BTC for over $511 million over the past week at an average price of $82,732 per unit. This was the company’s...
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BTC price risks $80K loss into FOMC, earnings: Three things to know in Bitcoin this week
Bitcoin bulls fought for $80,000 support over the weekend ahead of a heavy week of US tech earnings and inflation data.
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Franklin Templeton Files for ETFs That Reinvest Stock Dividends in Bitcoin
Franklin Templeton has registered two proposed exchange-traded funds with Nasdaq that would invest in US equities and direct dividend income into Bitcoin. The strategy could give traditional stock investors a way to build Bitcoin…
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Bitcoin ETFs break 2-week outflow streak with $301M comeback
US spot Bitcoin ETFs finished the week with $301 million in net inflows after a strong three-day start gave way to heavy withdrawals.
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Jamie Dimon Hated Bitcoin: JPMorgan Now Expects BTC to Beat Stocks and Gold
JPMorgan’s long-term CEO, Jamie Dimon, once called bitcoin a “fraud,” said that it was “worthless,” and described it as a “decentralized Ponzi scheme.” Moreover, he claimed that if he were using the…
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Oil, AI Credit Stress, and Bitcoin: QCP Flags a Dangerous Macro Mix for Risk Assets
Bitcoin is being pulled into a broader risk-off trade as AI-related credit stress collides with another surge in oil prices, and both take place just days before the next FOMC meeting. A recent report by...
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