In a significant development for the cryptocurrency market, Chinese publicly listed Bitcoin mining company Cangao (CANG) has made headlines by substantially increasing its Bitcoin holdings. This strategic move highlights a growing trend among institutional players to accumulate digital assets. Cangao’s Growing Bitcoin Holdings: A Strategic Accumulation? Cangao recently announced an increase of 141 BTC to
Bitcoin steadied near $109,000 early Friday as markets looked ahead to today’s PCE inflation data release at 8:30 a.m. ET, later today. The stage is set not for speculation of a first rate cut, but for confirmation of one the Fed already executed. The Federal Reserve trimmed the benchmark rate by 0.25 percentage points on
Bitcoin price today is trading near $109,000, defending a key rising channel support while struggling below the $111,000–$113,000 resistance cluster. The market is torn between weakening momentum signals and a new adoption boost after Ohio confirmed it will accept Bitcoin for tax and government payments. Bitcoin Price Tests Channel Support BTC Price Key Technical Levels
Bitcoin slipped to its lowest level in four weeks late Thursday, with Glassnode analysts citing profit-taking by long-term holders and fading institutional demand as reasons behind the king crypto’s devastating trading week. The largest coin by market cap dropped under $109,000 just over a week after the US Federal Open Market Committee (FOMC) cut its
By September 26, 2025, 08:48 UTC, when the price of Bitcoin (BTC/USD) is fixed at 109,649.31, it has fallen by 5,632.96 (-4.89) within 24 hours. The coin revisits the 20-week Exponential Moving Average (EMA) at 109,579.94 that the institutional and retail traders observe to confirm the medium-term trend. The 50-week EMA is at the level
Analysts at Bitfinex warn about a record $18 billion worth of Bitcoin options expiring this week. Summary $18 billion worth of Bitcoin options are expiring this week Market makers will likely react by selling spot BTC, Bitfinex analysts say BTC volatility will likely stay low ahead of the expiry Bitcoin is staring down a record-setting
Bitcoin gained slightly as the Bureau of Labor Statistics reported that inflation increased 2.7% year-over-year in August, coming in only a bit hotter than July’s 2.6% reading. Core consumer spending, which excludes volatile food and energy prices, shows that inflation has risen 2.9% compared to the same period last year. “While this reinforces the Fed’s
Bitcoin’s (BTC) latest slide has not only rattled traders but also reshaped its wealth distribution at a breathtaking pace. Finbold research, drawing on data acquired from BitInfoCharts and verified via the Wayback Machine web archive tool, shows that between September 22 and September 26, the network shed 7,699 millionaire addresses, 1,116 wallets Bitcoin millionaires wiped
Robert Kiyosaki, who is best known as the author of “Rich Dad Poor Dad” and one of Bitcoin’s most vocal advocates, has once again broken social media with a blunt warning as Washington faces another government shutdown standoff. In a post on X, Kiyosaki wrote that people should ask themselves whether they are “in line
While the selling pressure on the leading cryptocurrency Bitcoin (BTC) and altcoins continues, there was a major decline last night. While BTC fell to $109,000, Etheruem (ETH) fell below $4,000 to $3,800. While the reason for this decline is being wondered, Bloomberg Senior Commodity Strategist Mike McGlone analyzed what triggered Bitcoin’s ongoing downtrend. In his