Bitcoin (BTC) remains in a delicate balance following the Federal Reserve’s rate cut decision, where holding $115,200 is key to defining the next movement. Glassnode reported on Sept. 18 that derivatives markets and on-chain data revealed a market poised for its next directional move. BTC was trading at $117,649.40 as of press time, positioning above
Cryptocurrency analysis firm CryptoQuant announced in its latest report that Bitcoin was trading above the $115,200 level following the FOMC meeting and 95% of the supply was in profit. The report argued that maintaining this level is critical to maintaining upward momentum in the market, otherwise the price could retreat to the $105,500-$115,200 range. Short
The purpose of Bitcoin is to definancialize the world, not refinancialize it. And so when I heard Strategy Executive Chairman Michael Saylor say at the Bitcoin Treasuries Unconference yesterday that he wants to see $200 trillion in credit built on top of bitcoin once it hits a $100 trillion market cap, I felt uneasy. JUST
The cryptocurrency world is buzzing with anticipation as South Korea takes significant, proactive steps towards introducing a South Korea Bitcoin ETF. This groundbreaking development could fundamentally reshape how investors access digital assets within the region, opening new avenues for both traditional and crypto-savvy participants. Why is the Korea Exchange Eyeing a South Korea Bitcoin ETF?
Bitcoin is targeting the $118,000 level, reigniting bullish momentum and fueling speculation of a potential push toward a new all-time high. With buyers regaining control after recent volatility, this breakout could open the path toward $120,000 and beyond. Pullback Seen As Final Shakeout Before Rally Crypto VIP Signal, in a recent update, pointed out that
As founder of the world’s largest bitcoin (BTC) treasury company, Strategy (formerly MicroStrategy), many people were hoping Michael Saylor would have taken a position of leadership in this year’s civil war between Bitcoin Core and Knots node operators. Unfortunately, when an audience member at his Bitcoin Treasuries NYC Unconference yesterday asked him about the contentious
According to Polymarket bettors, Bitcoin, the flagship cryptocurrency, currently has a 25% chance of surpassing the $125,000 level as early as this September. Earlier today, the top cryptocurrency by market cap reached an intraday high of $117,934 on the Bitstamp exchange. It is down roughly 5.5% from its all-time peak of $124,517, which was reached
Key Takeaways The U.S. government now holds more Bitcoin than China and the UK, with about 198,000 BTC worth over $20 billion. China holds around 190,000 BTC, the UK about 61,000 BTC, and with U.S. holdings included, the three countries together control about 2.1% of all Bitcoin. The United States now holds about 198,000 Bitcoin
Bitcoin crossed $117,000 in the past 24 hours, posting gains even as global equity markets swung sharply following the Federal Reserve’s latest rate cute. While stocks struggled to find direction, BTC managed to hold steady, supported by renewed inflows into crypto investment products. Bitcoin ETF Inflows Rise The Federal Open Market Committee announced a 25
The first Bitcoin ETF in Poland is now trading on the Warsaw Stock Exchange, the largest venue of this kind in the eastern half of Europe. Besides exposure to the world’s leading coin, the product is expected to provide greater acceptance of cryptocurrencies in Polish finance. The product debuts at a time when the country