Bitcoin, the leading cryptocurrency, is trading just under $65,000, up 4% in the past week. While this increases expectations for a continued rise in $BTC, one analyst has indicated a bearish forecast. At this point, experienced analyst and commodities trader Peter Brandt argued that the downside risk for Bitcoin has not yet disappeared, pointing out
Whether bitcoin $BTC$65,029.32 works better as a store of value or a payments mechanism can be debated. But one of its core appeals, its radically free-market, permissionless design, is not. The BIP-110 saga put that design on full display. The Bitcoin Improvement Proposal (BIP)-110 started as a proposal to limit non-financial data such as Ordinals
H100 Group completed its previously announced acquisition of NSD AS on Aug. 10, adding 2,455.37 Bitcoin and lifting its total treasury to 3,506.4 $BTC. The Stockholm listed company paid no cash for the transaction, instead issuing shares to the sellers under a Bitcoin for Bitcoin valuation structure, according to its official release. The acquired Bitcoin
Blockchain tracking platform Onchain Lens reported that FalconX, a major cryptocurrency trading and custody firm, deposited 120 Bitcoin ($BTC) — valued at approximately $7.82 million — into Coinbase, one of the world’s largest cryptocurrency exchanges. The transaction occurred just 24 minutes before the report, according to the firm’s monitoring data. Large transfers from institutional platforms
Bitcoin’s $BTC$64,959.26 price has stopped falling in recent weeks, and while it looks as though options traders aren’t expecting any big moves in either direction in the next few weeks, protection against declines is still not cheap. The bitcoin price has held between $62,000 and $66,000 since early July. Over the weekend, Volmex’s BVIV index,
Coinbase CEO Brian Armstrong has pushed back against the notion that the cryptocurrency industry’s contributions to global financial inclusion are being overlooked. In a recent post on X, Armstrong argued that digital assets have played a pivotal role in bringing financial services to underserved populations, a point he says is often missing from mainstream discussions.
Asian stocks climbed on Monday after a surprisingly weak US jobs report eased fears of an imminent Federal Reserve rate increase, helping risk appetite recover even as oil prices moved higher on renewed uncertainty around the Strait of Hormuz. Japan’s Nikkei 225 rose about 2%, South Korea’s KOSPI added 1.1% and MSCI’s broadest Asia-Pacific gauge
Hedge funds trading bitcoin BTC$65,166.03 futures on the Chicago Mercantile Exchange have turned net long, according to Ki Young Ju, CEO of blockchain data analytics firm CryptoQuant. The rare positioning shift suggests professional traders are increasingly betting on bitcoin prices rising. “Hedge funds on CME have flipped net long on bitcoin futures, a rare shift
Long before big-ticket crypto deals and billion-dollar acquisitions make headlines, there’s a long and hard-fought journey, often culminating in a secretive contest where jockeying suitors bid, bluff or walk, until eventually the best match makes it down the aisle. Mastercard’s recent $1.8 billion acquisition of stablecoin infrastructure firm BVNK was no exception. It’s a process