Michael Saylor’s Strategy continued its disciplined accumulation last week, purchasing 245 Bitcoin for $26 million despite a market dip driven by escalating geopolitical concerns. This move follows the firm’s long-term conviction in Bitcoin’s potential, underpinned by a forecast that BTC…
Bitcoin dips under $100,000 as bombers hit Iran facilities
Over the weekend trading session, bitcoin slipped below the $100,000 threshold for the first time since May, sparking renewed scrutiny across digital-asset markets. As of 17:15 p.m. in New York, the leading crypto token fell as much as 3 percent…
Metaplanet Backs $5.4 Billion Rights Issue to Grow Bitcoin
In a bold move that captured market attention, Metaplanet, a Japanese hospitality firm-turned-crypto investor, announced a plan to raise approximately $5.4 billion to expand its Bitcoin reserves, already valued at nearly $1 billion. The announcement sent Metaplanet’s shares soaring by…
GameStop stock dips 10 after 500 million Bitcoin purchase
GameStop just made another bold move, this time into Bitcoin. On Wednesday, the company revealed it had purchased 4,710 Bitcoins, valued at over $500 million, signaling a major shift in its financial strategy. While the decision briefly lifted pre-market excitement,…
Bitcoin hits $95,000 while ETFs pull $3 billion in one week
Investor interest in Bitcoin is picking up again. Last week, Bitcoin exchange-traded funds (ETFs) recorded their largest inflows since December, with over $3 billion moving into the market. This rise in activity comes as broader financial markets respond to new…
Is Bitcoin Facing a Shift With $333 Million Withdrawn From IBIT?
Bitcoin’s growth has influenced its market dynamics, with recent data showing a shift in institutional investor activity. On Thursday, $333 million was withdrawn from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT), marking a key development for the prominent spot Bitcoin…
Is 2% Bitcoin Allocation a Balanced Approach Says BlackRock
Bitcoin’s role in multi-asset portfolios has been analyzed by BlackRock, focusing on its potential benefits and risks. A suggested allocation of 1% to 2% aims to balance returns while managing volatility. The analysis compares Bitcoin’s impact to technology stocks in…
Bitcoin Hits 106k How Regulations Are Affecting the Market
Bitcoin has recently reached higher price levels, influenced by changes in regulations and increased activity from companies involved in cryptocurrency. Institutional participation and market interest have also contributed to this upward trend. These developments reflect growing attention toward Bitcoin and…
How Are Firms Using Bitcoin to Secure Billions Through Debt?
The cryptocurrency market has seen firms explore new ways to secure funding, with convertible bonds becoming a common choice. This approach allows companies to raise capital while aligning with the growing interest in Bitcoin. As Bitcoin’s value fluctuates, these strategies…
Are Bitcoin ETF Growing By $10 Billion After Trump Win?
Bitcoin ETFs have gained attention as they attract significant investments and become part of broader financial discussions. With billions of dollars flowing into these funds following recent political and regulatory shifts, their role in investment portfolios is expanding. As key…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
