BlackRock has continued to aggressively accumulate more Bitcoin through its IBIT in the recent past, amid heightened speculation of nation-states adopting a strategic BTC reserve.
Bitcoin reaches a new milestone at $108,000, maintaining momentum above $100,000 as market sentiment remains extremely bullish, fueled by political support and increasing institutional integration.
The crypto industry’s targeted campaigns may have played a pivotal role in Crenshaw’s downfall, as trade groups and leaders pushed back against her regulatory record.
MicroStrategy has continued to strengthen its Bitcoin strategy as it now holds 439k BTCs, which represents 2 percent of the total supply.
EU lawmaker Sarah Knafo has called for Bitcoin to be established as a strategic reserve, citing its decentralized nature and limited supply as key strengths in hedging economic uncertainty.
Bitcoin options data indicates traders are not aggressively chasing new highs, showing demand for downside protection through put options.
Despite these massive movements, Bitcoin has shown impressive resilience, with prices remaining remarkably steady above $107,000.
The US spot Bitcoin ETFs registered a net cash inflow of over $636 million on Monday amid a notable decline in BTC supply on centralized exchanges.
Metaplanet is doubling down on Bitcoin as it announces a 4.5 billion yen bond issuance to accelerate its crypto expansion plans.
BTC Yield surged to 92.8%, reflecting Semler’s effective strategy of leveraging equity funding to rapidly expand bitcoin holdings.
Riot Platforms has acquired a monumental 667 Bitcoin while the leading cryptocurrency broke above $107,000 for the first time in history.
MicroStrategy has bagged a new 15,350 Bitcoin stash to increase its total holdings to 439,000 BTC.
Bitget sees El Salvador as a progressive market with significant potential to drive crypto innovation across Latin America.
The Relative Strength Index (RSI) of the MOCA price trajectory reads a value of 85.63, which means that the altcoin is overbought, and in such a scenario, the chances of a correction in the near future increase.
The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.