US government selling Bitcoin is a ‘huge strategic mistake,’ say observers
“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery. Go to Source
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Remember: 2 Weeks Ago Bitcoin Hit All-Time Highs All Week Long
Bullish news flooded the crypto markets two weeks ago as bitcoin exchange-traded fund (ETF) options launched, ethereum ETF inflows turned positive, and non-fungible tokens (NFTs) started heating up again. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. … Read more
Bitcoin, Not BRICS, Is the True Threat to US Dollar Reserve, Warns Wharton Professor
Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus of finance at the Wharton School, commented Monday on President-elect Donald Trump’s plan to impose 100% tariffs on BRICS … Read more
Bitcoin ETFs Hit $6.3 Billion Inflows in November
November saw total inflows for bitcoin exchange-traded funds (ETFs) surpass previous monthly records, reflecting heightened institutional and retail interest. Record Month for Bitcoin ETFs November 2024 marked a significant milestone for bitcoin exchange-traded funds (ETFs), with a record-breaking net inflow of $6.3 billion in investor funds, highlighting renewed confidence in the cryptocurrency sector. According to … Read more
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved. Go to Source
Price analysis 12/2: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins? Go to Source
Nearly 20,000 Bitcoin Shuffled by US Government Amid Talk of Strategic Reserve
On Monday, bitcoin hovered near the $96,000 range when the U.S. government shuffled 19,799.989 BTC at around 11:30 a.m., valued close to $2 billion. Following the transfer, bitcoin is teetering on the edge of dipping below $95,000. $2 Billion Bitcoin Transfer Sparks Speculation Over U.S. Crypto Agenda These fed’s crypto funds, seized in criminal cases, … Read more
MARA Holdings Bets Big: $700M Notes Issued to Fuel Bitcoin Expansion
MARA has proposed a further $700 million convertible senior note offering to buy more bitcoin and buy back some of its current notes. MARA Holdings Wants More Bitcoin Bitcoin miner MARA Holdings has revealed plans to buy back existing notes with the goal of buying more bitcoin through a second proposed private offering of $700 … Read more
Bitcoin jumps 2% on MicroStrategy buy with $100K BTC price in focus
An unusual BTC price reaction to MicroStrategy’s latest confirmation of increased BTC exposure accompanies the week’s first Wall Street open. Go to Source
Bitcoin Technical Analysis: Bears Begin to Claw, Pulling Price to Key Levels
Bitcoin’s price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On the 1-hour chart, bitcoin shows a sharp drop from $98,200 to $94,712, followed by a moderate recovery. A spike in sell volume during the decline … Read more
