The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF). SWIB was one of the early buyers of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow. It is unclear why the […]
After last week’s triumphant surge past $100,000 following the promising news for a trade deal between the US and China, the current one began with another leg up for bitcoin but there was no all-time high despite the growing hopes. The meeting between the two great powers took place during the weekend, and they jointly
Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt. Technical Analysis The Daily Chart Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time
Is BTC About to Break Below $100K After Recent Rejection? Read More »
Bitcoin (BTC) could surge to $1 million by 2028, not due to exchange-traded fund (ETF) inflows or institutional adoption, but because of looming capital controls in the United States. That’s the prediction from former BitMEX CEO Arthur Hayes, who argues that the U.S. will impose financial restrictions on foreign investors, triggering a flight from traditional
Arthur Hayes Predicts Capital Controls Will Propel Bitcoin to $1M by 2028 Read More »
On May 13, the healthcare company provided an update on its Bitcoin holdings and other key performance indicators (KPIs), reporting that it currently holds 3,808 BTC and has a Bitcoin Yield of 22% year to date. The firm’s Bitcoin holdings are valued at $395 million at current market prices. “We continue to accretively grow our
Semler Scientific Posts $65M Loss But Grows Bitcoin Holdings to 3,808 BTC Read More »
Binance, the world’s largest crypto exchange by trading volume, has now maintained a reserve ratio above 100% for 30 consecutive months. The streak was confirmed in the latest snapshot at Bitcoin block height 894,668, showing the company holding 616,886 BTC to back customer net balances of 604,410 BTC, equating to a reserve ratio of 102%.
Binance Maintains Over 100% Bitcoin Reserve Ratio for 30 Months Straight Read More »
Every major bitcoin (BTC) rally during bull seasons has always seen the active participation of retail investors. While retail activity has been low in the last three months, the situation is changing. Data from the on-chain analytics platform CryptoQuant revealed that retail investors have begun to return to the Bitcoin market as BTC has maintained
Retail Bitcoin Investors Are Returning — A Sign of Renewed Confidence? Read More »
For the first time in more than three months, bitcoin (BTC) has reclaimed $100,000, rallying to a level just 3.6% shy of its all-time high (ATH). This surge comes as tariff tensions between China and the United States ease off, and macroeconomic conditions become positive again. According to a report from the crypto exchange Bitfinex,
Bitcoin Breaks $100K Again as Macroeconomic Conditions Turn Favorable: Bitfinex Alpha Read More »
Bitcoin (BTC) has continued to flash bullish signals, with on-chain data and technical indicators reinforcing the narrative of an ongoing uptrend despite minor short-term pullbacks. At the heart of this optimism is the rise in the flagship cryptocurrency’s realized price, a key market metric that reflects the average purchase price of BTC currently in circulation.
Bitcoin’s Uptrend Holds Strong as Buyers Push Realized Price Higher Read More »
Japanese investment firm Metaplanet has added to its Bitcoin reserve with a fresh purchase worth $126.7 million on May 12. The latest move brings the company’s total Bitcoin holdings to 6,796 BTC. Details From The Latest Buy The development was shared by CEO Simon Gerovich on X. He revealed that the firm has bought 1,271
Metaplanet Boosts BTC Holdings with $126.7M Purchase Read More »
