Bookmarking Crypto Insights
Auto Added by WPeMatico
A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC) worth just over $600 to an Islamic State … Read more
Bitcoin is poised for a sharp correction before surging to new highs in 2025, warns Arthur Hayes, citing tightening global liquidity and excessive market optimism. Arthur Hayes Predicts Bitcoin Crash Before 2025 Mega Rally Arthur Hayes, former CEO of crypto exchange Bitmex, has issued a stark warning about the near-term trajectory of bitcoin, predicting a … Read more
The country’s giant sovereign wealth fund holds over $500 million in Microstrategy shares and similar stakes in other bitcoin-focused companies such as Coinbase. Norwegian Pension Fund Increases Its Bitcoin Exposure by 153% The $1.8 trillion Norwegian Government Pension Fund Global (GPFG) increased its indirect bitcoin (BTC) exposure by 153% in 2024, according to crypto research … Read more
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday’s inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue. This marks a continuation of positive momentum … Read more
Bitcoin’s current bullish trajectory exhibits striking similarities to the 2015–2018 market cycle, as illuminated in a recent Glassnode report co-authored by analysts Cryptovizart and Ukuria OC. Bitcoin’s ‘Calm Before the Storm’: Data Reveals 2015-Like Countdown to Price Explosion The leading cryptocurrency’s price gains have moderated progressively across successive cycles, signaling an evolution toward a more … Read more
According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. … Read more
The proposed bill which will allow for investment of public funds in eligible digital assets received the House committee’s approval. Utah Accelerates Strategic Bitcoin Reserve Bill Utah’s House Committee on Economic Development has passed a recommendation for Utah’s H.B. 230 Blockchain and Digital Innovation Amendments to be approved. The bill was passed by an 8-1 … Read more
As of Jan. 29, 2025, bitcoin trades at $102,785, hovering within a 24-hour range of $100,272 to $103,053. The cryptocurrency’s market capitalization stands at $2.02 trillion, supported by $35.55 billion in daily trading volume. Bitcoin While bitcoin‘s broader trend remains bullish, consolidation near $102,000 reflects caution among traders, with critical resistance at $104,000–$105,000 and immediate … Read more
Robinhood, the financial services and trading platform, appears poised to broaden its horizons by venturing into bitcoin futures and multi-asset derivatives markets. This strategic maneuver positions the company to challenge entrenched industry stalwarts such as Charles Schwab while diversifying its product ecosystem. Robinhood to Take on Wall Street Titans With Bold Futures Trading Move In … Read more
Digital Currency Group (DCG) has launched Fortitude Mining, a subsidiary focused on mining bitcoin and emerging digital assets, on Jan. 29, 2025, appointing former Foundry executive Andrea Childs as CEO. Fortitude Mining, New DCG Subsidiary, Targets Bitcoin and Emerging Crypto Assets According to the announcement shared with Bitcoin.com News, Fortitude Mining will operate as a … Read more
