Key Takeaways BlackRock bought approximately $60 million worth of Bitcoin in a single day. This accumulation continues despite recent market volatility. BlackRock clients purchased around $60 million worth of Bitcoin on Monday, continuing the asset management firm’s accumulation during market volatility. BlackRock, a major asset management firm, has been facilitating client investments in Bitcoin through
Bitcoin is sailing into calmer waters following last week’s tumultuous event, which triggered the worst cascading set of liquidations in crypto’s 16-year history. While Bitcoin bounced on Monday, the momentum has slowed, leaving it to trade at roughly $113,500, down about 1.5% over the past 24 hours, according to CoinGecko data. Heightened bearish activity
“Smart traders” picked up more Bitcoin and altcoins last week as retail investors overreacted to US President Trump’s 100% tariff against China, according to onchain analytics platform Santiment. “Retail’s emotions often dictate that Bitcoin’s and altcoins’ prices are about to do the opposite,” Santiment analyst Brian Q said in a blog post on Monday. The
It’s been a rocky three days for the crypto market… to say the least. But bitcoin holders are faring best, as bitcoin price bounced back sharply to around $116,000 today following a volatile weekend that saw the broader crypto market slump. The bitcoin price fell to the low $100,000s on Friday as U.S. and China
Cryptocurrency analysis firm QCP Capital has assessed the sharp market volatility following US President Donald Trump’s imposition of 100% tariffs on Chinese imports. The tensions shook global markets, causing the largest cryptocurrency liquidation in history, the company said. According to a report by QCP Capital, Bitcoin (BTC) briefly fell to $102,000 before recovering to $112,000.
Strategy, the world’s largest corporate holder of Bitcoin, said that it spent $27 million on the asset last week, but it appears that the firm did so before the leading cryptocurrency’s price plunged on Friday. Although Bitcoin’s price ranged between $126,000 and $110,000 last week, Strategy said that it purchased 220 Bitcoin at an average
Strategy (MSTR), the world’s largest corporate owner of bitcoin BTC$114,474.30, appeared to miss out on capitalizing on last week’s market rout to purchase the dip in prices. According to Monday’s press release, the firm bought 220 BTC at an average price of $123,561. The company used the proceeds of selling its various preferred stocks (STRF,
BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made in October 2017 about Bitcoin being an “index of money laundering.” Speaking with CBS on Sunday, Fink said that “I did say Bitcoin, because we were talking about Bitcoin then, was the domain of money
Key Takeaways A prominent whale deposited $40 million USDC into Hyperliquid to increase his Bitcoin short position. The investor has displayed a bearish stance on BTC and ETH. A Bitcoin OG who previously sold Bitcoin to stack ETH deposited $40 million in USDC into Hyperliquid, a decentralized perpetuals exchange, today to boost his Bitcoin short
The cryptocurrency market plummeted after US President Donald Trump threatened to raise tariffs on China to 100% on Friday. Bitcoin fell to $102,000, while Ethereum fell to $3,400. Following a subsequent recovery, analysts noted that Binance’s BTC Leverage Pulse (BBLP) indicator had entered the low-risk zone (0.82) and signaled a buy signal. CryptoQuant analyst with