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Ki Joung Yu, founder and CEO of Cryptoquant, stated that while most lists include China as one of the countries with the most bitcoin, the Chinese government may have already sold its BTC reserves back in 2019. Cryptoquant CEO: China Might Be out of Bitcoin Already While most bitcoin reports list China as one of … Read more
President Donald Trump has signed an executive order aimed at elevating America’s leadership in digital asset innovation and blockchain technology. Issued on Jan. 23, 2025, this directive outlines a vision to cultivate a responsible digital economy, refine regulatory frameworks, and safeguard financial independence. Trump Signs Executive Order Advancing U.S. Leadership in Digital Assets The Executive … Read more
Berkshire Hathaway has invested millions of dollars in Nubank, a Brazilian digital bank with its own crypto platform. Berkshire Shares in Nubank Rises to 0.4% Berkshire Hathaway’s stake in Nubank rose from 0.1% in Q4 2022 to 0.4% in Q3 2024, according to recent U.S. Securities and Exchange Commission (SEC) filings. This increased Hathaway’s holdings … Read more
The U.S. spot bitcoin ETFs experienced another day of net inflows, marking five consecutive green trading days. Blackrock’s IBIT Dominates Bitcoin ETFs as Inflow Streak Continues Spot bitcoin exchange-traded funds (ETFs) have shown strong performance recently with five consecutive days of inflows, according to market data from Sosovalue. On Wednesday, Jan. 22, a total of … Read more
Bitcoin’s price action points to an interesting price pattern that could see BTC reach $122,000 in a few weeks. 10x Research Projects 15% Climb for Bitcoin Bitcoin may rally by 15% in the coming days, potentially reaching $122,000 in February before entering a consolidation phase. This is according to a 10x Research report authored by … Read more
Consecutive days of inflows into U.S. spot bitcoin ETFs have seen the total net asset value of bitcoin ETFs rise to $123.59 billion. Bitcoin ETFs Continue Strong Inflow Performance Over the past four days, bitcoin spot exchange-traded funds (ETFs) have experienced $3.26 billion in inflows. According to data from Sosovalue, the highest inflow during this … Read more
Bitcoin’s price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport’s recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level. The report noted that the … Read more
The crypto market reacted to the absence of cryptocurrency in President Trump’s inauguration speech with $816 million longs wiped out. Lack of Crypto Mention By President Trump Sees Market Plummet The market gradually saw a sell-off after President Trump’s address omitted any mention of cryptocurrencies, according to QCP Group’s market insights for Jan. 21. This … Read more
The adoption of a corporate treasury diversification strategy of allocating cash reserves for the purchase of bitcoin has seen Rumble make its first acquisition. Rumble Makes Its First Bitcoin Purchase Tether-backed video-sharing website Rumble has bought its first bitcoin. This was revealed in an X post by its founder and CEO, Chris Pavlovski. The purchase … Read more
The swift rise of President Trump’s memecoin has raised thoughts on the ripple effect it could have on the crypto industry and global crypto adoption. Trump Memecoin Could Serve as Trigger for Altcoin Rally The launch of President Donald Trump’s memecoin, TRUMP on Friday, Jan. 17 sent shockwaves across the crypto industry. With the memecoin … Read more