Bitcoin price started a strong increase and traded above $118,000. BTC is now consolidating gains and might correct some points in the short term. Bitcoin started a major increase above the $116,500 zone. The price is trading above $117,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with
Tokyo-based Metaplanet reported record Bitcoin (BTC) Income Generation revenues in its third-quarter results for fiscal year 2025, with revenue surging 115.7% compared to the previous quarter. Furthermore, the company revealed it has already exceeded its annual BTC accumulation target. Given this performance, Metaplanet also raised its full-year revenue and operating profit forecasts. Metaplanet Q3 Bitcoin
Thailand’s market regulator says the country is working on expanding its exchange-traded funds (ETFs) plans beyond bitcoin BTC$118,823.85, Bloomberg reported on Thursday. The country’s Securities and Exchange Commission (SEC) will allow local mutual funds and institutions to issue such funds under rules, SEC secretary-general Pornanong Budsaratragoon said, according to the report, citing an interview on
Digital asset treasury companies will eventually consolidate under a few larger players as the cycle matures and companies try to attract investors, according to Coinbase’s head of investment research, David Duong. Speaking to Cointelegraph, Duong said outside of strategies to boost share prices, “companies may start to pursue mergers and acquisitions, much like the recent
While a recent wave of corporate digital asset treasuries is starting to show signs of a bubble, the long-term outlook is positive, according to TON Strategy CEO Veronika Kapustina. “I think, look, obviously, it looks like it’s a bubble. As in, all the indicators look like it’s a bubble,” Kapustina told Cointelegraph during the Token2049
Following the budget crisis in the USA, the budget bill failed to receive approval and the US government officially shut down after 7 years. At this point, due to the impact of the lockdown, many employees will be put on unpaid leave and the publication of key economic indicators such as employment and Gross Domestic
Elon Musk officially became the first person in history to hit a $500 billion net worth on Wednesday, beating out every other billionaire alive. The number was confirmed at 3:30 p.m. Eastern by Forbes’ Real-Time Billionaires tracker, making Elon $150 billion richer than Oracle co-founder Larry Ellison, who now sits in second place after temporarily
Prediction markets made a significant appearance in the spotlight in September, with monthly volume more than doubling to $4.28 billion, while memecoin trading on Solana cooled. The question now circling crypto’s risk-taking corners is whether these markets are becoming the new trenches for degens hunting edge and adrenaline. Prediction markets rise Across the prediction market
Bitcoin (BTC) was trading at $117,00 as of press time, up 3.3% over the past 24 hours, driven by a weakening US dollar amid a government shutdown. Unsettled investors are inclined toward a more dovish rate path, which led BTC to reclaim $114,000 and continue climbing as an “instability hedge” bid that often appears when