The U.S. Federal Reserve cut interest rates by 25 basis points last week, but that may not have been the biggest news to bitcoin BTC$87,491.03 bulls. The real surprise was the central bank’s announcement to start buying $40 billion in short-term U.S. Treasury bills. That sparked a bullish frenzy in the crypto community, and why
Genesis, a cryptocurrency lending institution undergoing bankruptcy proceedings, made a significant Bitcoin purchase in order to be able to repay its customers. The company purchased a total of 32,041 Bitcoins with the proceeds from the sale of Grayscale Bitcoin Trust (GBTC) shares. This purchase reportedly followed the completion of the sale of approximately 36 million
Moon Pursuit Capital, a crypto-focused investment firm, is launching its second fund, a $100 million market-neutral vehicle designed to deliver what it said are consistent, risk-adjusted returns across digital asset cycles. The new fund is built around an algorithmic trading strategy that aims to stay market-neutral and generate alpha without taking a strong directional view
The Depository Trust & Clearing Corporation (DTCC), the industry-owned clearing and settlement market infrastructure, has selected the privacy-focused Canton Network as a tokenization partner, the companies said on Tuesday. The partnership, which will enable a subset of U.S. Treasury securities custodied at DTC to be minted on the Canton Network, follows DTCC’s recent receipt of
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. People love to argue about whether Bitcoin (BTC) can reach a million dollars. They frame it as a prediction, a moonshot, or a marketing gimmick. Bulls treat it like the ultimate destiny.
Norway’s Norges Bank Investment Management (NBIM) has endorsed Metaplanet’s (3350) bitcoin BTC$87,102.65 focused strategy, voting in favour of all five management proposals ahead of the company’s Extraordinary General Meeting (EGM) on Dec. 22, according to a Bloomberg screenshot shared by Dylan LeClair, Metaplanet’s director of bitcoin strategy. NBIM, which is one of the world’s largest
Bitcoin price saw a modest rebound on Wednesday after bulls successfully defended the $85k support range. Will it see further gains following the release of U.S. CPI data scheduled for tomorrow? Summary Bitcoin price has rebounded slightly after the U.S. Jobs data print. $38 million in long positions were liquidated from BTC. Market experts foresee
Venom Foundation today unveiled Venom Labs, a new grants division seeded with $500,000 to back the next generation of Web3 projects that build natively on, or integrate deeply with, the Venom blockchain. The move formalizes a long-running effort by the Abu Dhabi–based foundation to funnel funding, technical support and go-to-market resources into teams that can
Bitcoin at a Crossroads Ahead of Trump’s Address Bitcoin is once again sitting at a critical psychological zone. After failing to hold recent highs, BTC has cooled alongside broader risk assets as markets digest tighter liquidity, geopolitical noise, and macro uncertainty. Now, attention has shifted to a potential short-term catalyst: Donald Trump’s “Address the Nation”
Bitcoin traders are gauging the potential ripple effects from the U.S. stock market’s quarterly “Witching Friday,” a major derivatives expiry that could influence risk appetite across asset classes during a week packed with macro catalysts. Bitcoin is trading flat over the past 24 hours, and remains under $90,000 for the third consecutive day, according to