Institutional interest in Bitcoin continues to show signs of strength. The Bitcoin ETF from BlackRock has added another large purchase of the crypto. Reports show that BlackRock’s iShares Bitcoin Trust (IBIT) recently bought about $46.36 million worth of $BTC. The purchase came during a period when Bitcoin prices were trading close to the $70K range.
The price of Bitcoin climbed to a weekly high on March 13, defying geopolitical concerns tied to rising tensions between the United States and Iran. Summary Bitcoin price reached a weekly high near $72,000, holding above the $70K level. Negative funding rates on Binance suggest many traders are still shorting the rally. A potential short
Bitcoin rose in the past day as buyers reclaimed key Fibonacci levels, with stronger money flow supporting a push toward higher liquidity. Bitcoin ($BTC) is trading firmly higher over the past 24 hours, climbing 2.6% through this timeframe. The first-born crypto has surged to around $71,575 after pushing from an intraday low near $69,460 to
Legendary investor Stanley Druckenmiller predicted that crypto could eventually supplant the U.S. dollar as the global reserve currency. Druckenmiller is doubtful about the greenback’s ability to maintain its much-coveted status 50 years from now. “I doubt the US dollar will be the reserve currency in 50 years, but I don’t have a clue what would
Metaplanet announced an expanded shareholder benefits program with a four-tier loyalty structure — Silver, Gold, Diamond, and Nakamoto — determined by both the number of shares an investor holds and how long they hold them. The top Nakamoto tier, named after Bitcoin’s pseudonymous creator, is reserved for shareholders who hold more than 50,001 shares for
Bitcoin trades near $71,540 as the market navigates a critical technical zone that could shape the next major move. Recent price action shows the asset recovering after a sharp correction, yet several indicators suggest the broader trend remains fragile. Traders now watch whether Bitcoin can reclaim higher resistance levels or face renewed selling pressure. Technical
According to analysts, although the bear market technically continues, Bitcoin and altcoins have seen a recovery in recent days. As optimism in the market begins to rise, one analyst stated that the bullish trend for Bitcoin, Ethereum, and $XRP could continue. Gareth Soloway, who has 24 years of experience in technical analysis, shared his price
Bitcoin $BTC$71,859.13 rose above $71,500 on Friday, outperforming U.S. equities even as the dollar strengthened and oil prices remained elevated as the war with Iran was set to enter its third week. A stronger dollar can tighten global financial conditions and often weighs on risk assets such as equities and cryptocurrencies. Higher oil prices —
The ongoing war between the US and Iran, events in the Middle East, and the rapid rise in oil prices have all begun to fuel fears about inflation and the Federal Reserve. At this point, with discussions suggesting a possible delay in Fed interest rate cuts, or even a decision to raise rates, economists’ expectations