Chris Kuiper, vice president of research at Fidelity Digital Assets, has noted that Bitcoin’s volatility continues to decrease despite the fact that the cryptocurrency is in the middle of a bull run. Kuiper has suggested that Bitcoin’s volatility could be ” alt=”Article Image” a coiled spring,” alt=”Article Image” meaning that a new explosive move could
The Bitcoin (BTC) price has plunged back to the $120,000 level after hitting a new high of $124,196 in today’s trading session. Despite the latest rally, PlanB, the founder of the stock-to-flow (S2F) model, hinted at a bearish prediction, citing Bitcoin RSI. What Bitcoin RSI reveals Drawing on a chart, PlanB revealed in an X
Get ready for a significant development in the corporate world! Nasdaq-listed VCI Global is making headlines with its bold move into the cryptocurrency space. The company plans a substantial Bitcoin purchase, allocating a considerable portion of funds from a recent convertible bond offering to build a robust Bitcoin treasury. This strategic decision highlights a growing
Bitcoin is rebounding to the $120,000 support level after a sharp drop which briefly filled a CME futures gap at $118,335, removing a key technical overhang. In a post on X, analyst Jelle described Bitcoin’s move as a “sharp reaction” to the unexpected jump in the Producer Price Index (PPI), with Bitcoin dropping to clear
The cryptocurrency world is buzzing with a groundbreaking announcement! French public company Sequans, a leader in cellular IoT chips, has unveiled an ambitious plan to acquire a staggering 100,000 Bitcoin by the year 2030. This bold move, initially reported by The Bitcoin Historian on X, places Sequans Bitcoin strategy firmly in the spotlight, highlighting a
Bitcoin reached a new all-time high today, but has shed over $5,800 since the high. Here’s what could be fueling the correction. There have been mixed reactions in the cryptocurrency market today, particularly with the massive price fluctuation seen with Bitcoin. Much earlier today, the crypto firstborn attained a new all-time high of $124,277. However,
Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles
Bitcoin spot exchange-traded funds are on pace to hold more than 1.5 million BTC by year-end if current inflow rates persist, according to holdings data tracked by WalletPilot. This would allocate more BTC to ETFs than most estimates for lost coins, which stand around 1.4 million BTC. U.S. spot ETFs collectively hold about 1.296 million
US Treasury Secretary Scott Bessent, who openly called for the FED to cut interest rates in his statements yesterday, made new statements today. Speaking to Fox Business, Treasury Secretary Scott Bessent made important statements about the US cryptocurrency reserve. Stating that the US will keep gold as a store of value, Bessent said that he
Institutional DeFi platform Sentora published a new report on Thursday, arguing that the corporate adoption of bitcoin BTC$117,101.92 as a treasury asset, while popular, resembles a “balance sheet roulette.” “Bitcoin’s scarcity and programmability make it an unprecedented corporate asset — but without scalable yield and durable financing, most current adopters are playing a dangerous game