#Bitcoin
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Is Bitcoin’s Bull Market Just Getting Started? This Crucial Metric Says So (Details)
TL;DR Although bitcoin’s price tumbled by over 20% since its January all-time high and is currently nowhere near it, a crucial metric shows that the actual cycle peak is not here yet. In terms of entry prices, though, one analyst cautioned that the current levels might not be optimal. No Peak Yet? After hitting an…
Performance of Hard Assets Bitcoin and Gold ‘Remains Remarkable:’ Glassnode
The macroeconomic environment remains uncertain as global trade relations realign, reported onchain analytics firm Glassnode on April 16. However, it added that “the performance of hard assets remains remarkable,” citing gold’s all-time high and Bitcoin holding above $80,000 despite the headwinds. “One could consider this a fascinating signal as the foundations of the financial system…
Corporate BTC Buying Surged in Q1 Despite Market Correction
Public companies have scooped up 95,431 BTC in the first quarter of 2025, the highest ever amount for a three-month period, reported asset manager Bitwise on April 14. This brought the total Bitcoin holdings for corporations to 688,000, representing around 3.3% of the total supply. Additionally, this represents a 16% increase from the previous quarter,…
Metaplanet Buys Additional ¥3.8 Billion Worth Of Bitcoin
Bitcoin Magazine Metaplanet Buys Additional ¥3.8 Billion Worth Of Bitcoin Japanese technology firm Metaplanet has acquired an additional 319 bitcoin worth approximately ¥3.78 billion ($26.3 million), continuing its aggressive bitcoin accumulation strategy amid growing U.S.-China trade tensions. The Tokyo-listed company purchased the bitcoin at an average price of ¥11.85 million ($83,147) per coin, according to…
3 Bullish Signs for Bitcoin as BTC Hits $85K, Says Analyst
TL;DR Bitcoin recovered ten grand since its weekly low and now aims at $95,000, but it needs to overcome a crucial resistance first. Massive spot buying on Binance is among the factors that could propel another rally. BTCUSD. Source: TradingView Bitcoin Traders on Binance The primary cryptocurrency, alongside the rest of the crypto industry and…
8 Charlie Munger Quotes for Investors Through This Bitcoin Price Retreat
Even though he has given no new interviews or made any major new investments from beyond the grave, Munger made the news again this week for his amazing work ethic and sound investment advice. An article that appeared on CNBC reprised an old Munger quote that investors who can’t handle bear markets “deserve the mediocre…
Kraken Partners with Mastercard to Bring Bitcoin Payments to Over 150 Million Merchants
Bitcoin Magazine Kraken Partners with Mastercard to Bring Bitcoin Payments to Over 150 Million Merchants Mastercard has announced a landmark partnership with Kraken to enable real-world Bitcoin and crypto payments at scale across the UK and Europe. The collaboration aims to allow Kraken’s users to spend their digital assets at over 150 million merchants worldwide…
Analyst Uncovers Clues—Is Bitcoin’s Historic Bull Cycle Finally Topping Out?
Bitcoin, the leading cryptocurrency, continues to exhibit uncertain momentum since hitting its all-time high above $109,000 in January 2024. Since then, the digital asset has experienced diminished bullish activity and steady downward pressure, reflected by its latest price of approximately $82,000, marking a marginal weekly drop of about 0.6%. Market Implications of Volume Ratio Trends…
Bitcoin Reverses Losses—Analysts Say $100K Is On The Horizon
Bitcoin prices have jumped to $85,020 in the last 24 hours, marking a 1.2% increase that reverses some of the recent downward momentum. The cryptocurrency is now testing a key resistance level that dates back to its January peak of $110,000, according to market analysts. Signs Of A Rebound Emerging While Bitcoin still shows a…
Strategy Buys $1.92 Billion Worth of Additional Bitcoin
Bitcoin Magazine Strategy Buys $1.92 Billion Worth of Additional Bitcoin Business intelligence company Strategy continued stacking sats by acquiring 22,048 bitcoin worth nearly $2 billion. According to a March 31 SEC filing, Strategy purchased the coins for $1.92 billion last week, or around $86,969 per bitcoin. This boosted the company’s total bitcoin treasury to 528,185…
Bitcoin Holds Steady Above $86K as On-Chain Data Points to ‘Bullish Shift’
Bitcoin has shown signs of stabilization above the $86,000 mark after reclaiming the level earlier this week. This recovery marks a shift in short-term sentiment after several weeks of price turbulence. While the asset remains down approximately 20.2% from its all-time high set in January, the current rebound suggests a pause in downward pressure and…
GameStop Announces $1.3 Billion Fundraising Plan to Purchase Bitcoin
Bitcoin Magazine GameStop Announces $1.3 Billion Fundraising Plan to Purchase Bitcoin GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day…
GameStop’s Bitcoin Move Looks Bold—But It Might Be Brilliant
Bitcoin Magazine GameStop’s Bitcoin Move Looks Bold—But It Might Be Brilliant This week, GameStop quietly updated its investment policy to include Bitcoin as a treasury reserve asset. With approximately $4.78 billion in cash—nearly 37% of its $12.9 billion market cap—this move marks more than just a diversification of reserves. JUST IN: @GameStop updates its investment…
BlackRock Launches Bitcoin ETP In Europe
Bitcoin Magazine BlackRock Launches Bitcoin ETP In Europe Asset management giant BlackRock has launched its first bitcoin product in Europe: a physically backed bitcoin exchange-traded product (ETP). The iShares Bitcoin ETP started trading Tuesday on Germany’s Xetra exchange and Euronext exchanges in Paris and Amsterdam. The ETP will trade under the ticker IB1T on Xetra…
4 Reasons Why Bitcoin’s Rally Was Halted at $89K and Might Not Resume Soon
The start of the business week was quite positive for bitcoin, as its price jumped by several grand from the weekend stagnation and hit a multi-week peak of just under $89,000. However, it faced immediate resistance at that point and was pushed south to under $87,000 as of now. Here are some of the possible…
Strategy Buys Another $584 Million Worth Of Bitcoin
Bitcoin Magazine Strategy Buys Another $584 Million Worth Of Bitcoin Business intelligence company Strategy has purchased an additional $584 million worth of bitcoin, increasing its total holdings to over half a million BTC. Strategy acquired 6,911 bitcoin between March 17-23 at an average price of $84,529 per coin. This brings the company’s bitcoin reserves to…
These 7 Big Financial Technology Companies Expect Bitcoin’s Price to Melt Up
Crypto exchange prices for BTC surmounted months of resistance at $30,000 in Oct. 2023 to support above $60,000 in 2024. Then it hitched its wagon to Trump’s coattails and skyrocketed in Oct. 2024. After that, the world’s premier cryptocurrency hit a historical record high price of $109,000 on Jan. 20, 2025, according to data from…
Bitcoin Stable at $84K – But 2 Red Flags Point to an Imminent Correction
The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one, and BTC remains stuck at around $84,000. However, the cryptocurrency doesn’t tend to stay steady for long, so this could be simply the calm before the storm. Whale Activity Warning As we have explained…
Plunge to $44K or Surge to $112K: Bearish and Bullish Bitcoin Price Predictions
The past several months were highly volatile for bitcoin, with price movements that took it from under $60,000 to almost $110,000 and a subsequent crash to below $80,000. Although the last week or so has been a lot quieter, that could be the calm before the storm. Here are the bullish and bearish scenarios for…
Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)
Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing a significant decline in speculation and…
Bitcoin’s Hot Supply Drops 50% in 3 Months – Bullish or Bearish Signal?
The cryptocurrency market is still bleeding, but there may be signs that bitcoin (BTC) could likely be recovering soon. One of them is the asset’s hot supply, which refers to the amount of BTC that is available for trading. According to a tweet from the on-chain intelligence platform Glassnode, Bitcoin’s Hot Supply, a metric that…
Bitcoin To Align With Wall Street? BlackRock Predicts A Price Shift Ahead
A BlackRock executive anticipates that the price of Bitcoin will increase in accordance with its growing institutional adoption. Robbie Mitchnick, BlackRock chief of digital assets, stated that Bitcoin remains 15% above its early November levels, despite recent price declines. He raised this point during an interview with Yahoo Finance on Wednesday. He believes that the…
Pakistan Plans To Legalise Bitcoin And Crypto
Bitcoin Magazine Pakistan Plans To Legalise Bitcoin And Crypto Bilal Bin Saqib, CEO of the Pakistan Crypto Council, told Bloomberg on Thursday that Pakistan has plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption. JUST IN: Pakistan is looking to legalize #Bitcoin and crypto – Pakistan Crypto…
Bitcoin (BTC) Bull Cycle May Be Over: CryptoQuant CEO Warns
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum. The downturn comes as new liquidity inflows slow, which has prompted speculation that…
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