Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by...
Category: Bitcoin
Live Bitcoin News Updates.
Turkish Mobility Giant Allocates 20% Reserves To Bitcoin
Martı’s Strategic Crypto Investment: Turkish Mobility Giant Allocates 20% Reserves To Bitcoin Skip to content Home News Crypto News Martı’s Strategic Crypto Investment: Turkish Mobility Giant Al...
Turkey’s mobility super app Marti allocating 20% of cash reserves to crypto, starting with Bitcoin
Key Takeaways Marti Technologies is allocating 20% of its cash reserves to digital assets, starting with Bitcoin. The allocation focuses on surplus cash, with the company’s core business operati...
SEC approves in-kind redemptions for Bitcoin and Ether ETFs
The US Securities and Exchange Commission (SEC) has approved in-kind creations and redemptions for two crypto ETPs, which will pave the way for these products to be made available to the public on exc...
Bitcoin’s $120K resistance triggers early sell signals
Key Takeaways Bitcoin is facing resistance near the $120K mark as long-term holders begin to take profits. While the pullback is still mild, large institutional moves hint at a cautious shift in senti...
Bitcoin and Ethereum ETFs Can Now Settle In Crypto
BitcoinEthereum A major regulatory shift has arrived in the U.S. crypto market. The SEC has approved in-kind redemptions for spot Bitcoin and Ethereum ETFs, allowing funds to exchange real crypto rath...
SEC Approves In-Kind Redemptions for Spot Bitcoin, Ethereum ETFs
Key Insights: SEC permits in-kind creations and redemptions for all spot Bitcoin and Ethereum ETFs. BlackRock, Ark21, and Fidelity among issuers approved under the accelerated process. Options positio...
12-Year Old Dormant Bitcoin Wallet Sends $15M to Kraken Just Before FOMC- What’s Going On?
With the BTC price attempting new highs this July, multiple dormant whales and wallets have turned active. Just today, a 12-year-old dormant Bitcoin wallet resurfaced in the market and made a bold mov...
XRP Price Mimics Bitcoin as Analyst Predicts Move to $10 Target
Key Insights: XRP price is approaching a breakout above its 2021 trendline, mirroring Bitcoin’s confirmed breakout above long-term resistance. Bitcoin broke its multi-year resistance, signaling contin...
Bitcoin ETF Institutional Investors Will Now Be Able to Redeem Shares for BTC
The Securities and Exchange Commission has approved in-kind creations and redemptions for crypto-based exchange-traded funds, according to a blog post published on Tuesday. Previously, spot Bitcoin an...
Altcoins vs. Bitcoin: Smart Money Picks a Side
Despite a flurry of altcoin rallies and renewed buzz around Ethereum ETFs, the crypto market continues to lean heavily into Bitcoin. According to CoinMarketCap’s Altcoin Season Index, the current read...
Strategy Acquires 21,021 BTC Post-IPO, Total Holdings Now 628,791 Bitcoin
Key Insights: Strategy raised $2.47 billion net through its Series A STRC IPO at $90 per share. The firm used the funds to purchase 21,021 BTC at an average price of $117,256. Strategy now holds 628,7...
Wall Street Veteran Reconfirmed Bitcoin Price To Hit $444,000
Josh Mandell, the former Salomon Brothers and Caxton Associates trader who accurately predicted Bitcoin’s March 14 surge to $84,000, has reaffirmed his forecast that the Bitcoin price will reach $444,...
Strategy buys nearly $2.5B worth of Bitcoin to make up 62% of total BTC in treasuries
Strategy closed a $2.521 billion initial public offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and immediately used the proceeds to expand its Bitcoin (BTC) reserve. ...
SEC Review Continues on Bitcoin ETF Physical Redemption Proposal Amid Market Speculation
The SEC has not approved the physical redemption mechanism for Bitcoin and Ethereum ETFs, maintaining cash redemption processes while the proposal remains under regulatory review. The proposal impacts...
SEC Yet to Approve Bitcoin, Ethereum ETFs’ Physical Redemption
Key Points: No SEC approval for Bitcoin, Ethereum ETF physical redemption proposal. Proposal affects Bitcoin (BTC) and Ethereum (ETH) ETFs. Financial markets anticipate potential shifts post-approval....
Strategy Buys $2.46B in Bitcoin After Historic IPO
Bitcoin In a bold move following the success of its latest stock offering, Strategy has added another 21,021 Bitcoin to its already massive crypto treasury. The $2.46 billion purchase, funded through ...
ETH Rally Fueled by Fresh Inflows, Not BTC Rotation, Says Analysts
Key Insights: Ethereum monthly volume hits $214.44 billion in July, reaching a new yearly high. Smart money, including public firms and political figures, aggressively accumulate ETH amid market corre...
Top Bitcoin ASIC Maker Bitmain Plans US Production in 2025
The world’s top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant. According to a Tuesda...
Bitcoin Core Releases New Version for Testing: Details
No excessive sigops Other changes The Bitcoin Core project has unveiled a release candidate for a minor version update (29.1). It is worth noting that Bitcoin Core is the main open-source software t...
SEC May Allow In-Kind Redemptions for Spot Bitcoin ETFs, Enhancing Institutional Flexibility
The SEC has approved in-kind creations and redemptions for spot Bitcoin and Ethereum ETFs, allowing institutional investors to exchange shares directly for crypto assets, improving efficiency and redu...
ZOOZ Power Initiates $180 Million Bitcoin Reserve Strategy
Key Points: ZOOZ Power Ltd. is aligning with cryptocurrency trends with a $180 million investment. This move highlights a broader trend of institutional Bitcoin adoption. Institutional confidence is b...
Bold Words from the Famous Founder! This Altcoin Has Been a Better Investment Than Bitcoin Since Its Inception!
Cardano founder Charles Hoskinson, known for his assertive words, made new statements about Bitcoin (BTC) and ADA. In a recent interview with Blockworks co-founder Jason Yanowitz, the Cardano founder ...
Hoskinson Claims Cardano Beats Bitcoin by 2.8x Factor, Sees 1000x Potential
Cardano outperforms BTC with 91% yearly gains versus Bitcoin’s 71% increase ADA founder cites 3,900% growth since 2017 launch versus BTC’s 2,410% Hoskinson projects 100x-1000x upside potential through...
Crypto Price Analysis 7-29: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, RIPPLE: XRP
The crypto market has registered a notable decline over the past 24 hours, dropping almost 2% as Bitcoin (BTC) and other cryptocurrencies traded in the red. BTC traded around $118,000 but fell to a lo...
Why This $500 Million Crypto Treasury Firm Chose BNB Over Bitcoin or Ethereum
In brief CEA Industries chose BNB for its crypto treasury, picking it over more prominent assets like Bitcoin or Ethereum. Incoming CEO David Namdar believes the token hasn’t gotten enough atten...
Trump Confirms First Bitcoin and Crypto Report as BTC Holds Strong at $119K
Bitcoin is starting to resemble a stablecoin, at least in terms of price action. After pushing through its all-time highs earlier this year, the asset has entered a tight consolidation range between $...
Bitcoin Holders May Reduce Exposure Near $120K as Galaxy Digital Sells 80,000 BTC
Bitcoin holders are reducing exposure as prices approach the $120,000 resistance, highlighted by Galaxy Digital’s sale of 80,000 BTC, signaling significant institutional profit-taking. Galaxy Digital’...
Senator Cynthia Lummis Introduces Mortgage Act To Recognize Bitcoin In Loan Eligibility
US Senator Cynthia Lummis has introduced the 21st Century Mortgage Act, designed to recognize Bitcoin and cryptocurrencies in loan eligibility processes. A similar bill is snaking its way through the ...
Tether backed Twenty One adds 5,800 BTC ahead of planned listing
Twenty One Capital, Inc., a newly formed Bitcoin-native company, expects to add 5,800 BTC to its substantial holdings of the benchmark digital asset ahead of its public listing. Summary Twenty One Cap...
Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wiel...
Twenty One Capital Gains Massive Bitcoin Influx from Tether
Twenty One Capital is planning to go public soon, and Tether gave it a fresh influx of 5,800 bitcoins. This brings its total holdings to over 43,500 BTC, making the firm one of the largest corporate B...