UK Pension Fund Makes Historic Move, Allocates 3% of Portfolio to Bitcoin

In a first for the UK, a British pension fund has added Bitcoin to its balance sheet, allocating 3% of its portfolio to the cryptocurrency. Cartwright, the pension advisory firm behind this one-of-a-k...

Bernstein Forecasts Bitcoin to Reach $200,000 by 2025, Ignoring U.S Political Climate

Bernstein predicts Bitcoin could hit $200,000 by 2025, ignoring U.S. election impacts. Bitcoin’s fixed supply and digital scarcity drive its appeal as an inflation hedge. Increased institutional adopt...

Defunct crypto exchange Mt. Gox transfers 32,371 BTC worth $2.19B to an unknown address

A cold wallet (12Gws) associated with the now-collapsed crypto exchange Mt. Gox transferred 32,371 Bitcoin to an unknown wallet address starting with 1FG2Cv. According to the data intelligence platfor...

UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto

A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges. Rethinking Retirement:...

Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market

As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs...

Bitcoin below $70,000 – Here’s why holders shouldn’t lose hope yet!

Bitcoin retained momentum, despite dropping below $70,000 Insights using the MVRV indicator hinted at a possible surge After several attempts to push beyond $70,000, Bitcoin has once again slipped bel...

BTC and ETH Predicted to Rise Again, But CYBRO Could Deliver Faster Gains

As the cryptocurrency market shows signs of recovery, attention is turning to potential opportunities for swift returns. Major coins like Bitcoin and Ethereum are expected to climb, but a newcomer nam...

Bitcoin Price at Risk? Mt. Gox Shifts Billions in BTC

Bitcoin (BTC), the world’s largest cryptocurrency by market cap, has fallen below the $68,000 level as defunct Mt. Gox moves billions worth of BTC. On November 5, 2024, the Whales transaction tracker ...

Bitcoin ETFs bleed $541 million, second-largest single-day outflow since launch

Key Takeaways US spot Bitcoin ETFs saw one of their largest single-day outflows on November 4. Bitcoin’s price fell below $70,000 coinciding with massive ETF outflows. US spot Bitcoin ETFs suffe...

These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse

The FTX collapse of November 2022 continues to serve as a stark reminder of the necessity for rigorous asset monitoring. This event catalyzed a shift toward transparency, with crypto exchanges now dis...

BTC Wanes To $68K, Altcoins Flux, & DOGE Up 6%

Crypto prices today have set off waves of concerns among market participants globally. Bitcoin (BTC) price waned to the $68K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP pric...

Potential for BTC Price to Dip Below $60K

After repaying more than $6 billion worth of Bitcoin (BTC) to distressed creditors since June, Mt.Gox is preparing to make another fund distribution. According to on-chain data analysis provided by Ar...

Mt. Gox Moves $2.2B In Bitcoin Amid Repayment Delays

Bankrupt cryptocurrency trading platform Mt. Gox has transferred approximately $2.2 billion worth of Bitcoin to unmarked wallet addresses, according to data from blockchain analytics firm Arkham. On M...

Semler Scientific Boosts Bitcoin Holdings to 1,058 BTC

Medical device company Semler Scientific revealed it now holds 1,058 BTC, worth approximately $71.4 million, after purchasing an additional 47 BTC for $3 million in August. This increase aligns with t...

Semler Scientific Increases Bitcoin Holdings To Over 1,000 BTC

Medical device company Semler Scientific (SMLR) has increased its Bitcoin holdings, now owning a total of 1,058 BTC. The company disclosed this new acquisition alongside its third-quarter earnings rep...

Bitcoin Price Drops 2% Ahead of 2024 U.S. Election, What To Expect in Next 24hrs ?

Ahead of the highly contested 2024 United States presidential election today, Bitcoin (BTC) price dropped around 2 percent to trade at about $67,848 on Tuesday, November 4, during the early Asian sess...

Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch

Este artículo también está disponible en español. Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong d...

Michigan Leads the Way in Crypto Adoption with $6.9 Million Bitcoin ETF Investment

Michigan’s pension fund’s million-dollar dive in both Bitcoin and ETH ETFs is creating ripples in the market. Recently, the State of Michigan’s pension fund has shown strong confidence in Bitcoin, rev...

US markets, Bitcoin poised for rally regardless of elections outcome

Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader...

Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash

Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $200K Bitcoin Target Fa...

Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target

The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as Co...

Bitcoin ETF inflows hit $2.22 billion – Everything you need to know!

ETF inflows for the past week were the fourth-highest in its history During this period, BTC’s price crossed $72,000 in an attempt to cross its ATH In recent weeks, Bitcoin’s market has been closely i...

Best Bets in Crypto for November: BlockDAG, Bitcoin, Solana, and NEAR

Entering November 2024, the cryptocurrency market offers a range of promising investment options. Our top four selections include BlockDAG, Bitcoin, Solana, and Near Protocol—each bringing robust fund...

UK Pension Fund Cartwright Discloses 3% Allocation To Bitcoin

There is an ongoing boost in the adoption of Bitcoin (BTC) with UK pension fund giant Cartwright now joining the league. With decades of experience at managing its client’s funds, the pension fund emb...

Largest European Telecom Begins Bitcoin Mining

Deutsche Telekom, Europe’s largest telecommunications provider, has announced a pioneering pilot project to operate Bitcoin mining infrastructure using surplus renewable energy. The initiative is a co...

Bitcoin Open Interest Dropped Significantly – Investors Cautions Amid US Election Week?

Este artículo también está disponible en español. Bitcoin has faced significant volatility and uncertainty as it approaches a pivotal week, with tomorrow’s U.S. election expected to play a key role in...

Cartwright Embraces Bitcoin in New Strategy

The Cartwright pension fund, a prominent player in the UK financial landscape, has taken a notable step by announcing its acceptance of Bitcoin (BTC) into its investment portfolio. This decision, infl...

Will Altcoins Face a 40% Drop? Lessons from Bitcoin’s 2020 Election Performance

As the U.S. elections approach, clarity on cryptocurrency regulations is a top concern for investors, particularly regarding Bitcoin and Ethereum. If Kamala Harris wins, analysts predict a market reac...

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost. US Elections, Bitcoin, and Power Moves: S...

Bitcoin Post-Election Trend: Dip, Then Strong Rally Again

Bitcoin has a certain pattern around U.S. election cycles, dipping briefly and then rallying strongly post-election. In 2016, 2020, and 2024, BTC dropped by 10.2%, 6.1%, and 6.3%, respectively, before...

US Elections Could Lead to Turbulence in Bitcoin and Altcoins: Analytics Firm Interprets Potential Price Movement by Whales

As the US presidential election dominates the headlines, the cryptocurrency market is bracing for potential turbulence. Bitcoin whales, especially large holders, are showing a significant drop in trad...

Bitcoin Whales Continue Accumulation Amid Price Drop Below $70,000

As Bitcoin’s price dipped below the critical $70,000 mark, large-scale investors, known as whales, appeared undeterred, accumulating substantial amounts of the cryptocurrency. Recent data suggests tha...