Key Takeaways Strategy now meets S&P 500 eligibility requirements and could be added to the index as early as this month. New Bitcoin accounting standards and substantial BTC holdings helped Strategy satisfy S&P 500 profitability criteria. Strategy, formerly known as MicroStrategy, may be on the verge of joining the S&P 500 Index after delivering one
Metaplanet Inc. shareholders reportedly approved an $884 million capital raising proposal on Monday, as the Japanese Bitcoin treasury company battles a financing crunch triggered by its stock plummeting 54% since mid-June. Three people who attended the extraordinary shareholder meeting in Tokyo’s Shibuya district confirmed the capital-raising plan passed, according to Reuters. The proposal allows Metaplanet
Bitcoin lost numerous critical levels, and gold soared to new heights: This certainly wasn’t in most traders’ playbooks. It appears that gold is killing Bitcoin’s momentum and becoming the true safe-haven asset. Bitcoin is secured Despite what short-term charts may indicate, the rally in gold may actually support Bitcoin’s long-term argument. With a clear break
Bitcoin (BTC) has shed 2.12% in the last seven days, with prices falling below $110,000 and staying stuck. This correction in the asset’s price has led some to speculate that the development indicates the coin has peaked and might not soar higher. Bitcoin on-chain indicators signal market still bullish However, CryptoQuant maintains that bulls are
Bitcoin is trading at $109,508, a 0.5% rise in the past day and a 3.6% decline in the past month. Despite this downtime, BTC boasts of an 88% year-to-date growth. Notably, Bitcoin set a new record high above $124,000 in mid-August, but it has since failed to sustain it. With forecasts clustering between $180,000 and
DV8 today appointed Jason Fang, founding partner of Sora Ventures, as chief executive officer, outlining a shift to a corporate Bitcoin treasury and broader digital asset strategy, the company said. The move follows a months-long reshaping of DV8’s ownership and balance sheet. A cross-border group that includes Sora Ventures, UTXO Management, Kliff Capital, AsiaStrategy, Moon
The cryptocurrency world is always buzzing with predictions, and the latest from Bitfinex Alpha is certainly turning heads. They’ve just unveiled a crucial Bitcoin market bottom projection, placing it squarely between $93,000 and $95,000. This comes after Bitcoin experienced a significant drop, falling over 13% from its recent peak, leaving many investors wondering where the
Bitcoin maintained a narrow trading band to start the month, holding above a critical support level of $107,000 while facing persistent resistance around the $112,000–$114,000 range. The technical landscape remains tilted toward consolidation with bearish undertones, as suggested by key oscillators and moving averages across the 1-hour, 4-hour, and daily charts. Bitcoin On the daily
Bitcoin regained $109,000 Monday morning following a weekend dip to $107,500, according to CoinGecko data. Bitcoin’s price action came after a CoinShares report noted that Ethereum inflows “dominate” institutional crypto inflows, which topped $4.37 billion in August. Ethereum has dropped 1.5% on the day to $4,406, amid a broader 4.3% weekly downturn for the cryptocurrency.
BRC-20, the first token standard built directly on Bitcoin’s base layer and indexers, has officially launched “BRC2.0” at Bitcoin block height 912690, which took place Monday morning. The upgrade embeds EVM (Ethereum Virtual Machine) functionality directly into the BRC-20 core indexer, allowing developers to deploy Ethereum-style smart contracts on Bitcoin, without relying on bridges, oracles,