Strive Asset Management, a financial services firm co-founded by former Republican presidential candidate Vivek Ramaswamy, said Friday that it’s embracing Bitcoin in Texas. Managing $1.7 billion in as...
Category: Bitcoin
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Bitcoin Pullback May Signal Buy Opportunity at $62K for 20% Potential Gain to $74K: Analysis
An analysis has suggested that the recent Bitcoin pullback from $72,680 may indicate a further 16% decline, with a potential V-shaped recovery targeting $74,600. Bitcoin experienced a notable downturn...
Vivek Ramaswamy’s Strive to integrate Bitcoin as hedge against long-term economic risks
Strive Enterprises, an asset management firm co-founded by Vivek Ramaswamy, announced a new wealth management division on Nov. 1 that will integrate Bitcoin into client portfolios. The move aims to us...
Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment
Felix Pinkston Nov 01, 2024 15:49 Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark’s immersion mining operations, enhancing...
Whale Accumulates 500 BTC at $69,799 Amid Bitcoin Price Drop – A Strategic Move Worth $34.9 Million
On November 2, a noteworthy transaction in the cryptocurrency space was observed, as reported by COINOTAG. Lookonchain’s analytical tools revealed that a prominent whale investor capitalized on the re...
Adam Back Reveals The Next Steps For Bitcoin Following Institutional Adoption
Adam Back, co-founder and CEO of Blockstream and inventor of Hashcash, says institutional adoption is strong and adding to the resilience of Bitcoin. Recently, he shared that Bitcoin is now “sufficien...
Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs coll...
MicroStrategy Launches Ambitious $42 Billion Bitcoin Expansion Plan
MicroStrategy Inc. (MSTR) revealed third-quarter 2024 earnings, outlining a plan to raise $42 billion over three years to expand its Bitcoin reserves. This initiative highlights the company’s firm ded...
Bitfarms (BITF) Achieves 236 BTC in October Amid Operational Expansion
Iris Coleman Nov 01, 2024 15:17 Bitfarms Ltd. reports earning 236 BTC in October 2024, with significant operational expansions and hosting agreements, despite challenges in reaching its hash rate targ...
Anthony Scaramucci Asserts Bitcoin Will Trade At $176,000 Within This Period
Anthony Scaramucci, founder of SkyBridge Capital, has placed an ambitious Bitcoin call, noting the asset will trade at $176,000 within the next two years. Long-standing crypto bull Anthony Scaramucci ...
Bitcoin Likely to Enter New Bull Market If This Happens: CryptoQuant
Bitcoin (BTC) recorded significant gains recently, but that does not mean the market is poised for a full bull run. On-chain patterns analyzed by CryptoQuant Quicktake author Woominkyu show that previ...
Bitcoin – Unpacking the ripple effects of surging Futures demand for traders
Bitcoin cooled off after its latest rally, but Futures demand soared to levels last seen over a year ago Market is now embracing caution amid growing levels of uncertainty over major event Bitcoin’s l...
Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Y...
Peter Schiff: MicroStrategy May Eventually Struggle to Find Buyers for Its BTC Holdings
Peter Schiff: MicroStrategy May Eventually Struggle to Find Buyers for Its BTC Holdings In a sharp rebuke to MicroStrategy’s ambitious $42 billion Bitcoin (BTC) acquisition plan, longtime Bitcoin crit...
Swissblock’s Head Macroeconomist Sets Timeline for Bitcoin to Target $115K to $123K
Henrik Zeberg, the Head Macroeconomist at Swissblock, recently provided a timeline for Bitcoin to target a new all-time high price. He discussed this in a recent analysis on X following Bitcoin’s lat...
Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy
Key Takeaways Metaplanet stock surged 1,017% after adopting a Bitcoin strategy, becoming Japan’s best-performing stock in 2024. The firm has accumulated over 1,000 BTC with unrealized gains of $...
Will Bitcoin (BTC) Price Correct or Continue to New Peaks?
Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC’s uptrend momentum, suggesting some pullback in buy...
Bitcoin’s Path to $100,000: Regulatory Clarity and Election Impact Amid Financial Instability
The upcoming 2024 U.S. presidential election is set to influence the trajectory of Bitcoin (BTC), positioning it as a resilient asset in the face of regulatory shifts. The increasing number of crypto ...
Will Bitcoin Break Through $70,000 Resistance?
Bitcoin (BTC) has faced significant obstacles after reaching the $71,000 mark, currently stabilizing around $70,000. This marks the second instance where BTC has encountered resistance at this level, ...
One of the Largest Companies in the US Transferred $723 Million Worth of Bitcoin and Ethereum to Coinbase! Is There a Risk to BTC and ETH Prices?
While inflows into ETFs have slowed down along with Bitcoin (BTC) and the general decline in the market, WisdomTree, a major ETF provider in the US, came to the fore today with Bitcoin and Ethereum tr...
Mt. Gox Moves $35 Million in Bitcoin to Cold Storage After Postponing Repayments
Mt. Gox is moving its Bitcoin again. Late Thursday, the collapsed exchange moved 500 Bitcoin—worth over $35 million—to cold storage, according to data and wallet labels from blockchain tracker Arkham...
MicroStrategy (MSTR) Stock Price To Hit $300 Amid $42B Bitcoin Buying Plan
Canaccord raised its price target for MicroStrategy stock (MSTR) to $300 from $173, as it keeps a “Buy” rating on the stock. The firm noted that MicroStrategy announced a $21 billion ATM stock offerin...
Bitcoin All Time High Has Been Postponed — Please HODL
Follow Nikolaus On X Here This is your captain speaking: Due to regulatory uncertainties regarding who will win the U.S. presidential election on Tuesday, Bitcoin’s price has fallen back to $70,000 un...
BTC drops below $70k, Coinbase falls most in 2 years, Tether profits soar!
BTC drops below $70k, Coinbase falls most in 2 years, Tether profits soar! BTC drops below $70k, $500m OI wiped out. BTC ETFs top 1m BTC held. Coinbase falls the most in 2 years. Tether reports $7.7bn...
Why BlackRock is Buying Bitcoin Agressively Before The U.S Election 2024?
BlackRock, Fidelity, and other institutions are actively buying Bitcoin. Recently BlackRock’s spot Bitcoin ETF, IBIT, set a record on Oct. 30, with the largest single-day inflow of $875 million since ...
Bitcoin Shows Potential for Recovery After Job Data Misses Amidst US Dollar Volatility
Bitcoin’s recent rally defies expectations as it rebounds from sub-$69,000 lows amid disappointing U.S. jobs data, signaling potential growth for crypto. The October nonfarm payrolls report revealed o...
Bitcoin ETFs could surpass Satoshi’s holdings ‘in less than two weeks’ – Analyst
Bitcoin ETFs have surpassed 1 million BTC in total holdings On its 16th anniversary, the cryptocurrency depreciated on the price charts Less than a year post-launch, U.S. Bitcoin [BTC] ETFs have colle...
Bitcoin bulls ride ‘Uptober’ wave, keep eye on November
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Even taking into account yesterday’s global market selloff, the “Uptober” framing, in the end, did not disappoint. ...
Analyst reveals when to catch the next buying opportunity for Bitcoin
Bitcoin (BTC) closed October with a strong 11% gain, marking its second consecutive green monthly close, although it fell short of ‘Uptober’ expectations. The month opened with a sharp dip to $58,855,...
Is Bitcoin Ready to Go Nuclear? What the OTC Supply Squeeze Means for Prices
Bitcoin’s price momentum in October, affectionately dubbed “Uptober,” saw an approximately 12% gain, sparking speculation about a potentially “nuclear” rally. At the center of the buzz are rumors that...
Bitdeer Unveils Next-Gen Bitcoin Mining Machines Featuring Its Own Chip and Air and Hydro-Cooling Innovations
Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH,...
Study suggests Bitcoin mining bans could worsen carbon footprints
Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could inc...