Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Go to Source
BTC
Auto Added by WPeMatico
Bitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap. Go to Source
Corporate execs sell stock at record levels as Bitcoin nears 130% YTD returns
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted. Go to Source
Bitcoin could hit $160K in 2025, fueled by improving macro conditions
An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives. Go to Source
Bitcoin Accumulation Patterns Shift As Whales Capitalize On Market Dip
Over the past 30 days, Bitcoin distribution has accelerated, signaling a notable shift in market behavior. Holding Bitcoin ($BTC) is no longer the default strategy for many participants, as evidenced by the Long/Short-Term Holder Supply Ratio dropping to 3.78, the lowest level in this cycle. Amid this redistribution, key demand zones are emerging. While 482,000 … Read more
BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said. Go to Source
Australia’s AMP fund invests $27M in Bitcoin: Report
Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account. Go to Source
Crypto ETFs Keep Winning: Bitcoin Pulls in $223M, Ether Joins with $102M Boost
U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.03 million in inflows … Read more
Casa unveils ‘Praetorian’ self-custody service for nation-states
Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government. Go to Source
SEC advances NYSE’s filing to list Bitwise Bitcoin and Ethereum ETF
The US financial regulator is soliciting comments on NYSE’s application to list Bitwise’s cryptocurrency index ETF. Go to Source
