With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period. Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add
Bitcoin (BTC) has broken out of the downward trend it has been experiencing since mid-August and experienced a massive surge in just one week. Bitcoin, which rose from $110,000 to $124,000 in a short time, broke a new record by exceeding $125,000 over the weekend. QCP Capital, a cryptocurrency platform that draws attention with its
The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report. Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating
Gold and Bitcoin both hit new all-time highs, rekindling discussion about whether the two assets are more intertwined than previously believed. Bitcoin is a decentralized scarce asset that has historically been framed as digital gold–a hedge against inflation and the volatility of fiat currencies. Simultaneous ATHs At this point, the analogy is being tested in
With Bitcoin (BTC) retreating from its weekend record high of $125,000, the asset faces the threat of further losses as traders take profits. In this line, the TD Sequential indicator has flashed a sell signal on Bitcoin’s 12-hour chart, a pattern that often precedes short-term corrections, according to insights shared by analyst Ali Martinez in
The Bitcoin supply on crypto exchanges has plummeted to around 2.8 million BTC, levels previously only seen in July 2019. This drop in supply follows the token’s recent ATH at $125,506. Summary Bitcoin exchange balances hit a six-year low at just 2.8 million BTC, reflecting growing self-custody trends and rising institutional accumulation. BTC price momentum
Nic Carter believes that, given the new opportunities and realities in the stablecoin industry, the market is set to expand and empower new actors. He points out that yield will be one of the disruptions powering this expansion. Analyst: Yield Will Push a Stablecoin Explosion Disrupting the Current Duopoly Things are starting to change in
Ledn CIO John Glover, who correctly predicted recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market. BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed
Galaxy Digital, a crypto-focused financial services firm for institutions, unveiled a platform for individual investors on Monday, putting it in direct competition with platforms like Kraken and Robinhood that offer both cryptocurrency and equities trading. The service, called GalaxyOne, has a dedicated mobile app, the company said in a press release, while highlighting features that
While the Bitcoin price seems to have deviated completely from the four-year cycle that dictated the previous bull and bear markets, there are still some similarities that remain that suggest that it could still play out in a similar way. The major similarity that has emerged is the formation of a bearish crab pattern back