Leading crypto Bitcoin (BTC) shows signs of a potential surge as the market watches today’s Federal Reserve meeting. The Fed is expected to deliver its first rate cut since December 2024 today. On-chain data signals that traders are positioning for a rally, as they anticipate that easing monetary policy could act as the catalyst for
The world of cryptocurrency is constantly evolving, with institutional adoption often signaling the next big wave. Recently, a significant development emerged from South Korea that has caught the attention of investors globally. Parataxis Korea, a dedicated treasury platform for institutional investors, has made its historic first Bitcoin purchase of 50 BTC. This isn’t just another
Bitcoin prices have tapped $117,000 twice over the past couple of hours as the asset reached its highest level since August 23, almost four weeks ago. BTC gained 1.5% on the day, and almost 5% on the week, but had retreated slightly to $116,600 at the time of writing on Wednesday morning in Asia. The
Key Takeaways BlackRock’s Bitcoin ETF, IBIT, purchased 1,810 Bitcoin on September 16. The value of this purchase amounts to $209.2 million. BlackRock’s Bitcoin ETF IBIT purchased 1,810 Bitcoin worth $209.2 million on Sept. 16. The acquisition represents continued institutional investment in the leading digital asset through the exchange-traded fund vehicle.
In a groundbreaking move that underscores the growing institutional confidence in digital assets, Metaplanet, the publicly listed Japanese company known for its substantial Bitcoin treasury, has announced a significant expansion. This strategic initiative involves establishing two new subsidiaries, signaling a bold step forward in its Metaplanet Bitcoin strategy. The company is set to launch Bitcoin
A “third mandate” from the US Federal Reserve could change long-term monetary policy if actioned, which could be bad news for the dollar but good news for crypto. The Fed has long been considered to have a dual mandate — price stability and maximum employment — but President Donald Trump’s pick for Fed governor, Stephen
While Nostr was founded in 2020/2021, it only really gained initial traction once Will Caserin launched Damus and Jack Dorsey tweeted about it. A few months later, the first Nostr world conference was held in Costa Rica (Nostrica), and things really started to move. Over the next 18 months, many — myself included — were
Some Bitcoin treasury firms are losing their luster as share prices sag below a key threshold, TD Cowen analyst Lance Vitanza shared in a Tuesday note. Among 13 Bitcoin-buying firms tracked by the investment bank, four are trading “at meaningful discounts” against the value of their respective crypto holdings, he said. Among them were Semler