Digital asset lender Ledn has reported a record quarter for its Bitcoin-backed credit products, as more investors chose to borrow against their holdings amid the ongoing crypto bull market. The company originated $392 million in Bitcoin (BTC)-backed loans during the third quarter, pushing year-to-date originations past $1 billion. Since its inception, Ledn has issued more
The cryptocurrency world is buzzing with a significant forecast from a major financial institution. The Standard Chartered bank, through its crypto research analyst Geoffrey Kendrick, has made a bold statement regarding the future trajectory of the Bitcoin price. Kendrick suggests that Bitcoin might never again dip below the crucial $100,000 mark, provided the market maintains
The health sciences company Prenetics Global Limited has announced an oversubscribed $48 million public equity offering, potentially reaching $216 million in total proceeds through warrant exercises, to fuel the global growth of its wellness brand IM8 and advance its bitcoin treasury initiative. Prenetics Raises $48M to Fuel IM8 Growth and Bitcoin Treasury Push The Prenetics
Key Takeaways American Bitcoin Corp (ABTC) has increased its Bitcoin holdings via a strategic acquisition. A recent merger with a digital mining firm enables ABTC to integrate mining and reserve-building activities. American Bitcoin Corp (ABTC), a publicly traded Bitcoin mining and accumulation platform co-founded by Eric Trump, has expanded its corporate Bitcoin holdings to 3,865
Bitcoin traders may be breathing a sigh of relief amid evidence that the U.S.-China tariff wounds are healing. President Donald Trump’s threat to hike tariffs on China by 100% is widely credited with causing the Oct. 10 flash crash that wiped out an unprecedented $19 billion worth of open interest in crypto markets and tanked
Bitcoin (BTC) is showing signs of recovery on Monday, October 27, as the Crypto Fear & Greed Index climbed to 51 and turned neutral for the first time since President Trump initiated new tariff wars with China a couple of weeks ago. As of the time of writing, the cryptocurrency is trading at $115,420, having
Key Takeaways BlackRock deposited $225 million in Bitcoin and Ether to Coinbase Prime. The deposits reflect ongoing institutional engagement with crypto assets. BlackRock, the world’s largest asset manager, deposited $225 million worth of Bitcoin and Ether to Coinbase Prime today. The transfer included both major crypto assets as part of the firm’s ongoing institutional activity.
Former PayPal president and Lightspark CEO David Marcus stated that eventually Bitcoin has a potential to handle trillions of dollars a day. This was in a recent interview where he emphasized the use of Bitcoin as open money network on the internet. Marcus is of the opinion that BTC will become a global settlement layer
Bitcoin Price Analysis: Technical Setup Turns Bullish Bitcoin ($BTC) has reclaimed the $115,000 level, signaling renewed bullish momentum after weeks of choppy consolidation. On the 2-hour chart, BTC shows a clear breakout structure supported by strong momentum indicators. BTC/USD 2-hour chart – TradingView RSI (Relative Strength Index) currently sits at 73.5, showing mild overbought conditions
Strategy announced another weekly purchase, the largest for October to date. The treasury added another 390 BTC following a week of recovery for the crypto markets. Strategy made its biggest BTC purchase in three weeks, adding 390 BTC to its treasury. The company now holds 640,808 BTC, acquired at an average price of 74,032 per