A Different Kind of Strategy On Friday, Supercycle Finance announced the launch of a bitcoin treasury model under the guidance of co-founder and CEO Michael Terpin, a serial entrepreneur, investor, and author of the book, “Bitcoin Supercycle.” “Supercycle Finance is designed to outperform bitcoin by buying at the low end of the cycle and on
Cryptocurrency analysis platform Santiment evaluated recent data on the Bitcoin and altcoin market, pointing to noteworthy signals in terms of investor interest, whale movements, and market sentiment. According to Santiment, while Bitcoin rose by approximately 2.1% in the last week, some altcoins saw much stronger movements. The upward momentum was particularly noticeable in AI, real-world
As global debt concerns mount, Bitcoin advocates are gaining traction in their calls for cryptocurrency adoption. Recently, influencer Jack Mallers highlighted the dire choices facing governments: either to default on their debt or repay it with devalued currency. His remarks underscore the growing belief that Bitcoin could serve as a viable alternative in these uncertain
Bitcoin price has retreated toward $84,000 after reaching $87,220, while Bitfinex analysts have identified sustained buying above $86,500 as a condition for further gains. Bitfinex’s Analyst Team, in comments provided directly to crypto.news, said renewed U.S. spot Bitcoin ETF inflows had brought its demand measure close to a level associated with sustained price gains. The
Sean Farrell, Head of Digital Asset Strategy at Fundstrat, said that increasing pressure in the US bond market could become a strong bullish catalyst for Bitcoin. Farrell believes there are sufficient signals that Bitcoin has formed a sustained cycle bottom and that macroeconomic conditions are now beginning to support liquidity trends in the cryptocurrency market.
It was just several hours ago that the primary cryptocurrency topped $87,000 for the first time in about ten days after the softer-than-expected US jobs report came out. Although that should be considered bullish for risk-on assets, especially when it’s aligned with the positive data from the PCE report earlier this week, the subsequent effects
Bitcoin Reclaims $87,000 Amid Weak Labor Data In price action likely to fuel “Uptober” sentiment, the price of bitcoin reclaimed $87,000 on Friday morning, marking the first time the cryptocurrency has breached the threshold since Sept. 23. The rally coincided with the release of September nonfarm payrolls (NFP) data showing near-flat employment growth and an
Bitcoin broke out of the $82,500–$85,700 range where it had been stuck for about a week, rising to $86,913. This level marks the highest price $BTC has seen since September 23rd. Bitcoin has thus risen by approximately 14.6% from its low of $74,968 reached on September 15th. QCP Capital noted that the rise was supported
Bitcoin whale stablecoin inflows to Binance have climbed more than 40% in just over a month, pushing the 30-day cumulative total to $30.5 billion while $BTC trades around $84,700. CryptoQuant contributor Darkfost wrote on Oct. 2 that the measure tracks stablecoin deposits worth more than $1 million entering Binance. The rolling total has increased from
Bitcoin reclaimed $85,000 on October 2 before the United States released its September employment report. The rally arrived with reports of short positions closing and a softer dollar, but a trader buying back a losing short is not the same investor as one adding bitcoin for months. The distinction will matter after the 8:30 a.m.