Strategy, one of the largest institutional bulls, continues its weekly Bitcoin ($BTC) purchases. The company, which announces its purchases every Monday, stated in its latest announcement that it had purchased an additional $2.13 billion worth of $BTC. MSTR announced last week that it purchased an additional 22,337 $BTC for $1.57 billion at an average price
Jane Street, the quantitative trading powerhouse and authorized participant in spot Bitcoin ETFs, has resumed active crypto trading. According to data tracked by Lookonchain, wallets linked to the firm saw an inflow of 205 Bitcoin, worth about $15 million, from institutional exchanges BitMEX and LMAX Digital on Monday. Jane Street, recently accused of insider trading
Bitcoin ($BTC) briefly surged past $74,000 for the first time in weeks, hitting intraday highs near $74,509. The move marks a 9% weekly gain and a sharp recovery from early March lows near $63,000. The rally comes as equities and gold remain under pressure from the US-Iran conflict, reviving the narrative that $BTC could serve
Andreas Antonopoulos, author of Mastering Bitcoin and one of the longest-serving Bitcoin educators, announced on Patreon that he’ll no longer produce livestreams or new content for subscribers. While his Patreon account will stay active to maintain his existing library of books, workshops, and videos, his team stated over the weekend, “For health reasons, Andreas will
Capital B confirmed the purchase of 8 Bitcoin ($BTC) for €0.5 million, pushing its total treasury to 2,844 $BTC valued at €264.4 million. The Paris-listed firm, which brands itself as Europe’s first Bitcoin treasury company, reported a year-to-date $BTC yield of 0.29% as it continues funding purchases through equity raises with TOBAM. Corporate $BTC Buying
Bitcoin ($BTC) whales may be signaling a possible rebound for the asset, which has been undergoing consolidation in recent sessions while attempting to hold above $70,000. In this line, data from CryptoQuant shows the Exchange Whale Ratio, an on-chain metric tracking the share of large transactions flowing into exchanges, has surged to its highest level
Institutional investors may be proving more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors have largely held onto their positions during the crypto market’s steep decline. “The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs accumulated roughly $60
Bitcoin’s $BTC$74,244.92 recent strength during geopolitical uncertainty reflects a fundamental shift in the asset’s ownership structure, according to Wall Street broker Bernstein. The cryptocurrency climbed roughly 7% last week, with ether (ETH) gaining about 9%, outperforming gold and global equity indices as markets reacted to escalating global conflict. The broker said the performance highlights how
Cryptocurrencies started the week on a strong footing with bitcoin $BTC$74,244.92 surging above $74,000 and U.S. equities bounced as oil prices eased. In morning U.S. trade, $BTC hit its strongest price since early February at $74,500, up 3.9% over the past 24 hours. The largest crypto broke out of its six-week range, boosting sentiment across
Japanese bitcoin treasury firm Metaplanet (3350) said it raised about 40.8 billion yen ($255 million) from global institutional investors through a placement of new shares, part of a financing structure that could provide up to $531 million in total capital to support its bitcoin accumulation strategy. The Tokyo-listed company priced the new shares at a