Bitcoin bounced off $58,000 earlier this year, and Nansen CEO Alex Svanevik said at the time it would never trade below $60,000 again. With Bitcoin now at $86,090, he is standing by that call, and his reason has little to do with Bitcoin itself. The prediction Asked whether Bitcoin could slip back under $60,000 or
Strategy Hits 848,000 $BTC After Another Bitcoin Purchase Bitcoin treasury firm Strategy has landed on another eye-catching round number. The company bought 334 $BTC between Oct. 1 and Oct. 4 for $28.7 million, lifting its enormous bitcoin treasury from 847,666 $BTC to exactly 848,000 $BTC. The latest coins cost an average $85,838.80 apiece, considerably above
According to ChatGPT’s advanced artificial intelligence (AI), Bitcoin ($BTC) is likely to record a similar October to its historical performance for the month and meet Halloween 2026 at a substantially higher price than the $85,962 at press time on Monday, October 5. Indeed, OpenAI’s flagship model flagged a series of significant bullish indicators that have
Fireblocks has announced the launch of its stablecoin rails, with bank pilots currently in production. This infrastructure advancement allows for tokenized assets to move on-chain, signaling a critical development in the cryptocurrency space. The news comes from a recent tweet by Fireblocks, highlighting the increasing convergence of crypto infrastructure, which is expected to bolster institutional
Strive CEO Matt Cole just announced that the company spent $169 million to acquire 2,000 $BTC last week at an average price of $84,422. This brings its total holdings to 29,462 units, accumulated at an average price of somewhere between $90,400 and $90,700. Strive acquired 2,000 $BTC for $169M at an average cost of $84,422
President Donald Trump’s chief economic adviser has called for former Federal Reserve Chair Jerome Powell to leave the central bank’s board, opening another debate over the Fed’s policy direction weeks after officials raised interest rates for the first time in three years. According to Bloomberg, National Economic Council Director Kevin Hassett said on Fox News’
Bitcoin price has begun October near $85,000 after a weak U.S. jobs report lifted hopes that the Federal Reserve will leave rates unchanged this month. A return to the high $90,000s requires more than a policy pause: sustained spot demand must absorb selling as investors reassess inflation. A break below $82,000 would instead put September’s
Bitcoin treasury firm Metaplanet (3350) added a net 1,000 bitcoin in the third quarter, bringing its holdings to 44,000 $BTC ($3.8 billion) as of Sept. 30, following a sale and repurchase designed to demonstrate liquidity and strengthen its credit profile. The Japanese company sold 10,000 $BTC for approximately $789.2 million, averaging $78,925 per coin, before
The leading cryptocurrency, Bitcoin, made a strong start to October, a month historically known for its bull run. At this point, BTC closed the week above $86,000, marking its highest closing level in the last eight months. However, Bitcoin, unable to surpass the $87,000 level, fell back below $86,000 due to selling pressure. Interest Rate