Optimism that briefly sent Bitcoin above $80,600 overnight evaporated as news broke of Iranian missiles targeting a US Navy vessel near the Strait of Hormuz. Iran’s state-linked Fars news agency said the US Navy vessel ignored warnings from the Revolutionary Guard (IRGC) and was struck by two missiles and forced to turn back. The allegation
Arthur Hayes does not deal in vague timelines. Speaking at the Cointelegraph booth at Bitcoin Vegas, the BitMEX co-founder put a specific window on Bitcoin’s return to six figures: after the northern hemispheric summer. “I think we’re going to hit $100,000 after the northern hemispheric summer,” Hayes said, “mostly because the dollar liquidity situation is
Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at 0.11 euros ($0.13) each, according to a Monday announcement from Capital B. Each warrant gives Back the right to
Bitcoin has pulled back to $79,000 after briefly topping $80,000 during the Asian hours. As of writing, the leading cryptocurrency by market value was still up 0.4% on a 24-hour basis. The CoinDesk 20 Index was up 0.4% alongside a nearly 1% rise in ether (ETH) and marginal gains in $XRP ($XRP) and solana (SOL).
BlackRock continues to push deeper into digital assets, and its latest milestone proves that momentum keeps building. The BlackRock Bitcoin ETP has now crossed $1.1 billion in assets under management, marking a major step in its European expansion. This growth reflects rising demand from institutional investors who want regulated exposure to Bitcoin without direct ownership
Bitcoin’s latest price action shows a market at a critical decision point, as bullish momentum slows beneath a major resistance ceiling. While the broader structure still favors buyers, recent data signals a shift toward caution. Traders now watch whether Bitcoin can sustain its uptrend or enter a deeper consolidation phase after weeks of strong gains.
Bitcoin is approaching a key technical phase, with price action moving toward levels that could determine the next trend. Recent data shows the asset nearing a multi-month resistance trend line, while market attention is increasingly focused on the 200-day moving average in the $83,000–$84,000 range. This level is being monitored as a more reliable indicator
The launch of spot Bitcoin ETFs in the US in 2024 marked a turning point for Bitcoin (BTC) and cryptocurrencies. Since then, interest in ETFs has continued to grow, and Bitcoin’s momentum is now spreading to Europe as well. Accordingly, global giant BlackRock’s iShares Bitcoin ETP (IB1T) has reached a significant milestone, demonstrating that institutional
Bitcoin ($BTC) continues to be a focus for institutional investors. These investors include banks, and a Morgan Stanley executive has made significant statements on the subject. Speaking at a Bitcoin conference in Las Vegas, Amy Oldenburg, head of digital asset strategy at Morgan Stanley, stated that there is a high probability that US banks will
The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs) have now recorded two consecutive months of net inflows in a sign of renewed institutional appetite for the leading cryptocurrency. But zoom out, and the recovery looks more modest than the monthly headlines suggest. ETFs have pulled in a total of $3.29 billion in investor funds over