Bitcoin’s price ranged between $117,365 and $118,057 in the last hour, reflecting intraday volatility amid a broader 3.8% decline over the past 24 hours. With a market capitalization of $2.33 trillion and a 24-hour trade volume of $72.33 billion, current market dynamics suggest a cautious stance as bitcoin trades within a daily range of $116,481
CNBC’s Jim Cramer thinks many mainstream asset managers are about to embark on a Bitcoin buying spree, and he believes that even includes long-time skeptics like JP Morgan’s Jamie Dimon. The former hedge fund manager said during his latest “Squawk on the Street” TV show that investors are speaking among themselves and encouraging each other
Metaplanet has announced that National Financial Services LLC (NFS), a subsidiary of Fidelity Investments, is now its largest shareholder. In a July 15 disclosure, the firm revealed that NFS holds 84.4 million shares, equivalent to 12.9% of its total equity. Based on current valuations, this stake is worth approximately ¥121 billion or around $816 million.
As is well known, US President Donald Trump has been calling on Fed Chair Jerome Powell to cut interest rates and resign for some time. Powell stated that interest rate cuts should wait a little longer, while Trump stated that the time has come for interest rate cuts and that delaying them would harm the
In a recent report, major market maker Wintermute analyzed investment trends among institutions and individual investors during the bull market in the first half of 2025. Wintermute noted a clear and stark difference between institutional and individual investors. Analysts said that institutional investors are more likely to focus on large-cap assets like Bitcoin (BTC) and
Marathon Digital Holdings (MARA), the largest publicly traded Bitcoin mining company in the US, is increasing its investments in institutional-grade Bitcoin yield strategies. Marathon Digital Deepens Bitcoin Yield Strategy with $20 Million Investment in Two Prime The company formalized the partnership by investing $20 million in SEC-registered investment advisor Two Prime. This investment also increases
Bitcoin (BTC), the leading cryptocurrency, surpassed $120,000 for the first time in its history yesterday. While the price recently broke a record by exceeding $123,000, it fell to $117,000 due to increased profit-taking. While it was stated that this correction was normal and the rise would continue, critical inflation data that the FED attaches importance
Inflation in the U.S. perked up in June but was mostly in line with expectations, perhaps helping to set the stage for another Federal Reserve rate cut as soon as September. The headline Consumer Price Index (CPI) rose 0.3% last month versus economist forecasts of 0.3% and just 0.1% in May. On a year-over-year basis,
BlackRock’s IBIT ETF (Exchange-Traded Fund) is turning heads amid a sustained growth in its net assets, with analysts saying it could reach $100 billion this month. The financial instrument recently passed as the asset manager’s most profitable ETF, driving more revenue than BlackRock’s S&P 500 fund. Can BlackRock’s IBIT Reach $100 Billion in Assets in