The Smarter Web Company has announced a major Bitcoin purchase under its ongoing treasury strategy. The London-listed tech firm acquired 225 BTC at an average price of £88,482 per coin. The total investment reached approximately £19.9 million ($26.6 million). This move is part of the firm’s “10 Year Plan” to increase Bitcoin exposure. With this
As July comes to an end, several significant developments in the Bitcoin (BTC) market have emerged. Notably, profit-taking pressure has resurfaced in the final week of the month, raising concerns about a potential turning point in August. Based on analysis from market experts and on-chain data, four main sources of selling pressure could soon shape
Key takeaways: Bitcoin price faces volatility around $119K. Our Bitcoin price prediction expects BTC’s price to reach $160K by the end of 2025 due to the bullish sentiment following the halving event. By 2031, BTC might touch $350,548 following increased institutional adoption. Since the beginning of 2024, Bitcoin’s price has doubled, but it has seen
Bitcoin (BTC) rebounded from a local low near $114,800, closing last week about 2.1% higher at $119,580 and turning the range floor into tentative support, according to Bitfinex Alpha’s July 28 report. The recovery has stabilized spot prices, but derivatives data suggest a more fragile backdrop as leverage rebuilds across major and altcoins. Leverage runs
Software firm turned Bitcoin treasury company Strategy has been buying Bitcoin for more than five years, pioneering the growing trend of publicly traded firms that are adding cryptocurrencies to their balance sheets. What started as a way to “maximize long-term value for shareholders” has transformed into an industry-shifting paradigm that has been further fueled by
Social media is chattering about the source of funds for the world’s fourth-largest bitcoin (BTC) treasury company, BSTR Inc. With 25,000 BTC simply attributed to “founding shareholders,” some people are speculating that whale could be Tether. On July 17, Blockstream’s Adam Back and Cantor Fitzgerald’s Brandon Lutnick announced a business combination that sparked a rally
Almost all of the top 10 coins have started a new week with a correction, according to CoinStats. BTC/USD The price of Bitcoin (BTC) is almost unchanged since yesterday. On the hourly chart, the rate of the main crypto has fixed below the mirror level of $118,668. If nothing changes by the end of the
Bitcoin isn’t being driven by crypto-native traders anymore. The ones calling the shots now wear suits, not hoodies. What started off on offshore platforms is now being controlled by institutional traders on regulated US soil. Wall Street has taken over. And the bros are using traditional tools to model it, hedge it, and set its