BlackRock, the world’s largest asset manager, has purchased $426.2 million worth of Bitcoin (BTC). According to Whale Insider, this shows growing confidence from large institutions in the cryptocurrency market. The move also highlights how BlackRock’s focus is on expanding its presence in digital assets. JUST IN: BlackRock buys $426.2 million worth of $BTC. pic.twitter.com/mjcWvmRXkK —
Gold broke above $4,000 per ounce this week for the first time in history, extending a 54% year-to-date gain driven by central-bank purchases, ETF inflows, and a weaker dollar, according to Reuters. Analysts have linked the metal’s surge to multiple U.S. rate cuts that can happen over the course of 2025 and a flight to
After reaching a new all-time high of over $126,000 earlier this week, Bitcoin’s (BTC) price has slipped slightly, raising questions about the sustainability of its recent rally. Despite the slowdown in upward momentum, holder activity suggests the broader bullish phase remains intact. Yet, rising leverage hints at possible short-term turbulence. ETF Flows and Accumulation Power
Luxembourg’s sovereign wealth fund has allocated 1% of its portfolio to Bitcoin exchange-traded funds (ETFs), marking one of the first such moves by a European state-backed investment entity. Luxembourg’s Director of the Treasury and Secretary General Bob Kieffer revealed the investment in a Wednesday LinkedIn post. He said the country’s Finance Minister Gilles Roth revealed
Bitcoin price today trades around $122,000, slipping slightly after rejection at the $124,000 ceiling. The move follows a sharp rebound from $110,000, with buyers now defending the $118,000–$119,000 zone supported by the 20-day EMA. Bitcoin Price Tests Resistance At $124,000 BTC Price Analysis (Source: TradingView) Bitcoin remains locked in a consolidation range after failing to
Bitcoin BTC$121,772.21 dipped below a key support level Thursday, pulling the broader crypto market down as the US dollar gained strength ahead of Federal Reserve Chair Jerome Powell’s speech. The leading cryptocurrency fell over 1% $121,500, reversing Wednesday’s spike and penetrating the 200-hour simple moving average, CoinDesk data show. Other major tokens such as BNB
London-based crypto firm Neverless, founded by former Revolut executives Phuc To, Arthur Johanet and Mikael Peydayesh, has introduced a “Boosted Bitcoin Plan,” designed to help retail users grow their bitcoin BTC$121,873.52 holdings faster through automated, recurring purchases enhanced by leverage. The new investment product builds on the dollar-cost averaging approach – a strategy where investors
Bitcoin’s push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built on stable foundations rather than speculative excess. The current market run still has momentum as profit-taking remains below prior cycle peaks despite Bitcoin setting numerous all-time highs this year, according to CryptoQuant’s latest weekly
Nick Szabo, the computer scientist, cryptographer, and legal scholar famed for introducing the concept of “smart contracts,” is jumping into the Knots vs. Core debate. Szabo cautions that this change effectively invites more non-financial—and potentially shady—data to be etched onto the blockchain for everyone to see. Szabo’s Warning Ignites Debate Over Bitcoin Core v30 Nick