The world of corporate finance is witnessing a fascinating shift, and a recent announcement from Japan highlights this trend perfectly. Japanese nail-salon operator Convano has made a significant Bitcoin investment, adding 200 BTC to its portfolio. This strategic acquisition brings their total holdings to an impressive 364.93 BTC, a move that signals growing confidence in
Bitcoin (BTC) price has been trapped in a mid-term correction mode since hitting its all-time high of around $124.4k last week. The price has been testing the critical $112k support zone, a level that analysts see as a crucial line in the sand for the current bull market. On the daily chart, a potential double-top
As Bitcoin’s price recovery shows significant signs of weakening, on-chain analysis indicates that retail investors are increasingly exiting the market. “Tourists” of the Market Head for the Exits According to an analysis by “Marrtunn,” an analyst at the on-chain data platform CryptoQuant, on-chain data suggests a notable departure of smaller investors from the Bitcoin market.
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A major turning point for Bitcoin (BTC) came in early 2024, when the U.S. Securities and Exchange Commission approved a series of spot Bitcoin exchange-traded funds. This regulatory milestone did more than
Leading cryptocurrency Bitcoin (BTC) reached a new high last week, surpassing $124,000. However, this was short-lived, as macro data from the US led to a decline in Bitcoin and altcoins. However, analysts state that the correction is normal and they expect the rise to continue. At this point, while predictions for $150,000 and above for
The cryptocurrency world is buzzing with significant news from Southeast Asia. The Philippines is making headlines with a groundbreaking proposal to establish a strategic Bitcoin reserve, signaling a bold step towards integrating digital assets into national economic strategy. This initiative, spearheaded by a Philippine lawmaker, aims to build a substantial national holding of the world’s
Samson Mow, a Bitcoin supporter and the chief executive officer at the JAN3 company, has predicted when approximately the world’s largest cryptocurrency intends to resume its bull run. He disagreed with Dan Tapiero, who is bullish on both Bitcoin and Ethereum. Unlike the latter, Samson is known as a rigid Ethereum hater and a Bitcoin
Bitcoin’s price has been under pressure since it clinched an all-time high of $123,731 on August 14. Currently trading at $113,167, the coin’s price has fallen roughly 10% in the past week. The pullback has coincided with increased selling activity from miners, raising concerns about further downside in the near term. BTC Miners Offload Holdings
Story Highlights Bitcoin’s cycle clock ticking: Analysts say BTC could peak between October–December, echoing past 1,060-day cycle patterns. Volatility ahead: Weeks 6–8 mark “danger weeks” as Bitcoin rejects $114K resistance, mirroring previous mid-cycle pullbacks. Bitcoin is once again at one of those moments where history doesn’t repeat, but it sure does rhyme. Analysts are saying
What’s Happening With Bitcoin’s Price? BTC price dynamics (Source: TradingView) The Bitcoin price today is hovering around $112,980, up marginally by 0.1% after a volatile week that saw the pair slip from highs near $121,000. BTC is still in a rising parallel channel on the daily timeframe, but it is now testing the lower boundary