Bitcoin’s (BTC) volatility relative to gold has plunged to an all-time low, raising red flags about the cryptocurrency’s future performance compared to the traditional safe-haven asset. As of August 1, Bitcoin’s 260-day annualized volatility stood at just 2.2 times that of gold, its lowest ratio on record, according to data shared by Bloomberg Intelligence senior
While half of Crypto Twitter clings to the idea that Bitcoin should never be interfered with, Adam Back — who has long been considered a potential Satoshi — has just set out a far more practical approach to the long-term management of BTC. It does not involve maxims, memes or ideological purity. For Back, it
Bitcoin’s price stands at $114,290 today, with a market capitalization of $2.27 trillion and a 24-hour trading volume of $25.01 billion. Over the past 24 hours, the price has ranged between $113,702 and $114,869, reflecting tight consolidation near key intraday resistance. Bitcoin On the daily chart, bitcoin has transitioned from a strong bullish rally—rising from
Leading cryptocurrency Bitcoin and altcoins suffered sharp declines due to investors’ ongoing uncertainty in macroeconomic conditions. While this decline left investors who were expecting a rise in the lurch, recovery began as investors returned to the market. Investors are waiting for next week’s CPI, a key inflation indicator in the US, to make a full
Monday kicked off with a flurry of treasury announcements as major digital asset firms expanded their crypto reserves, underlining the growing institutional embrace of blockchain-native assets. BitMine Immersion Technologies (BMNR) now holds the world’s largest ether {ETH} treasury at 833,137 ETH worth over $2.9 billion. Launched just 35 days ago, BitMine’s aggressive ETH acquisition strategy
Bullish, the owner of the Bullish Exchange crypto platform, said it plans to raise as much as $629 million in its initial public offering (IPO) on the New York Stock Exchange. The company, which also owns CoinDesk, said it plans to sell 20.3 million ordinary shares with an expected price of $28-$31 per share according
Bitcoin and major altcoins have begun a recovery after last week’s sharp decline triggered by macroeconomic data, and investors are reentering the markets with cautious optimism. Bitcoin Nears $115,000: Investors Are “Cautiously Optimistic” and Buy on the Dip Bitcoin rose 1.22% in the last 24 hours to $114,738. The world’s largest crypto asset had fallen