Vanguard Group manages nearly $12 trillion in assets and shapes global investment trends. When such a firm takes a new position, markets notice immediately. The company has now disclosed its first ever purchase of shares in Strategy, previously known as MicroStrategy. This move matters because Strategy operates as a Bitcoin treasury company. The firm holds
Spot Bitcoin exchange-traded funds (ETFs) recorded $1.42 billion in net inflows over the past week, marking their strongest weekly performance since early October amid a renewed return of institutional demand. According to data from SoSoValue, inflows into spot Bitcoin (BTC) ETFs peaked midweek, with Wednesday recording the largest single-day net inflow of roughly $844 million,
If bitcoin had a theme song today, it’d be “Can’t Stop, Won’t Stop”—except, maybe it might stop to catch its breath. Trading in a narrow intraday range, the asset has taken a breather above the $95K threshold, forming what might be a bullish flag waving at momentum. The market’s pulse? Steady with a chance of
With bitcoin hovering tantalizingly near the $100,000 mark, long-silent, old-school bitcoin wallets are suddenly stirring, reappearing with a noticeable uptick in activity. On Jan. 16, two wallets dating back to 2016 sprang to life, moving 1,087 BTC—valued at more than $103 million—for the first time in 9 years and 9 months. From Cold Storage to
As Bitcoin (BTC) sets its sights on reclaiming the $100,000 mark, a trading expert has warned that the cryptocurrency is likely to face further correction later in the year and could potentially crash to $60,000. In this context, a TradingView analysis shared on January 16 by TradingShot was based on a long-term cycle model that
Even though Saturday has started bearishly, most of the coins are back in the green zone, according to CoinStats. BTC/USD The price of Bitcoin (BTC) has risen by 0.8% over the last 24 hours. On the hourly chart, the rate of BTC has made a false breakout of the local resistance at $95,537. However, if
Key Takeaways Steak ‘n Shake’s Bitcoin holdings have grown to $10 million following a dramatic sales rise. The chain rolled out Bitcoin payments via the Lightning Network across all US locations last May. Steak ‘n Shake announced today that its strategic Bitcoin reserve has grown by $10 million after pledging to build its reserve using
Popular fast-food chain Steak ‘n Shake announced it added $10 million worth of bitcoin to its corporate treasury this week, continuing its push into crypto after eight months of accepting BTC payments at all its U.S. locations. The company said on social media that the move is part of a “self-reinforcing” cycle: customers pay in