Bitcoin heads into the Federal Reserve’s July meeting minutes, due Wednesday, Aug. 19, at 2 p.m. Eastern, with a question the policy statement could not answer: did pressure for higher rates stop with the three officials who dissented, or did it reach more broadly across meeting participants? The Bitcoin Fed minutes could clarify whether that
Strive director Pierre Rochard has purchased 15,900 ASST shares worth $199,386 as the Bitcoin treasury company’s preferred stock has returned close to its $100 par value. Rochard has made his first reported ASST purchase The SEC Form 4 filing, submitted on Aug. 18, showed that Rochard acquired the Class A common shares through an open-market
Bitcoin ($BTC) surged sharply after the US Treasury Department expanded liquidity support for the long-term bond market, triggering one of the largest short liquidations since October 2020. Michael Nadeau, founder of The DeFi Report, pointed out the timing of Bitcoin’s recent surge, noting that it came shortly after the US Treasury announced it would expand
Hashdex’s $14.7 million Bitcoin ETF is in liquidation after trading and creation orders ended, leaving remaining shareholders waiting for a cash payout rather than an exchange exit. The asset manager announced the closure on Aug. 3. The Hashdex Bitcoin ETF, known by its DEFI ticker, completed its last day of NYSE Arca trading on Aug.
The Government of India is actively considering a landmark proposal to triple the threshold for foreign direct investment (FDI) requiring Cabinet Committee on Economic Affairs (CCEA) approval from $523M (₹5,000 crore) to $1.57B (₹15,000 crore). However, for Indian investors, the key is whether easier approvals translate into higher inflows, as global risk appetite can determine
Bitcoin remains neutral on Wednesday after adding 1% to its value on Tuesday. The leading cryptocurrency is trading slightly below its 50-day Exponential Moving Average (EMA) at approximately $64,376 as of Wednesday. Renewed institutional demand has supported the recovery, with US spot Bitcoin Exchange-Traded Funds (ETFs) recording consecutive daily inflows at the beginning of the
Standard Chartered analyst Geoff Kendrick predicted that Bitcoin could rise to $100,000 by the end of 2026. According to Kendrick, the most important technical level to watch in the short term for Bitcoin is $65,500. Kendrick stated that Bitcoin rising above the $65,500 level is a significant signal that the bottom of the current market
The California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the United States, currently holds 381,048 shares of Strategy (NASDAQ: MSTR), valued at approximately $35.5 million, according to data from BitcoinTreasuries.net. This marks a notable reduction from November, when the fund held 448,000 shares worth about $80 million. CalPERS manages roughly $637
Bitcoin could be poised for a run toward $100,000 by year-end as the US Treasury ramps up support for the long end of the government bond market in an effort to rein in surging interest rates, according to Standard Chartered analyst Geoff Kendrick. In a recent client note shared with Cointelegraph, Kendrick said Bitcoin’s (BTC)
Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities from $2 billion to at least $4 billion