Intesa Sanpaolo has allocated over $1 million to buy 11 Bitcoin units in a rare historic move.
Bouncing back from the $90K level, the underlying sentiments in the short-term Bitcoin price trend signal massive upside potential. With a potential $110K breakout on the horizon, will the BTC price rally reach top speed this week?
This latest purchase comes under the company’s strategic crypto exposure plan to hedge against the depreciation of the Japanese yen.
Despite Bitcoin’s recent correction below $90,000, Fundstrat’s Tom Lee maintains his bullish long-term outlook while acknowledging potential short-term volatility.
Semler Scientific increases Bitcoin holdings through stock sales, emphasizing its belief in Bitcoin’s value and use as a strategic reserve.
Global asset manager BlackRock introduces its Bitcoin ETF on Cboe Canada, marking a significant expansion of institutional crypto investment options in North America.
Bitcoin and altcoins selloffs have pushed combined market liquidation above the $300 million threshold.
MicroStrategy’s Bitcoin holdings have reached 450,000 BTC, worth $40 billion, following its latest cryptocurrency acquisition.
Bitcoin mining difficulty has skyrocketed once again as miners move to get the best from the network.
The low crypto trading volume, only experienced before the November 5, 2024 US elections, has threatened the bullish sentiment for Bitcoin in the near term.
The crypto market investment inflows have dropped sharply by 56.7% over the last month, from $134 billion to $58 billion, signaling reduced investor activity.
Bitcoin’s 14-hour green candle streak coincides with significant whale activity, while market participants await clarity near the $95,000 mark.
MicroStrategy plans to boost its Bitcoin treasury by proposing a significant increase in authorized shares, with shareholders set to vote on January 21, 2024.
Genius Group has made another strategic fund allocation to Bitcoin, with total stack now hitting 373 BTC.
Metaplanet has been exploring opportunities in the global capital market to strengthen its Bitcoin holdings since incorporating BTC on its balance sheet.