“Despite bitcoin’s election-fueled rally, its 260-day complexity is not yet close to the 1.2 level that would signal the start of another crypto winter,” the BCA Research team led by Chief Strategist Dhaval Joshi said in a Nov. 14 note to clients. “Hence, while we should expect a near-term retracement, bitcoin’s structural uptrend is intact with an ultimate destination of $200,000+.” Original
In a bold move that echoes recent calls from the U.S. to establish a Strategic Bitcoin Reserve, Sławomir Mentzen, a presidential candidate, has proposed that his country create its own Strategic Bitcoin Reserve. In a recent social media post, Mentzen outlined his vision for transforming Poland into a cryptocurrency haven, promising friendly regulations, low taxes, […] Original
Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward. Source
Sean Brodrick, also known as the ‘Indiana Jones’ of natural resources, believes that even with the latest price hikes, bitcoin still has room for growth. Brodrick stated that in 2025, governments, banks, and corporations will push the leading cryptocurrency’s potential into overdrive. ‘Indiana Jones’ Sean Brodrick: Governments, Banks, and Corporations Will Push Bitcoin Higher in […] Original
Japanese investment adviser Metaplanet has announced plans to issue ¥1.7 billion in one-year 0.36% bonds to buy more Bitcoin. Tokyo Stock Exchange-listed Metaplanet is doubling down on its Bitcoin (BTC) strategy with the issuance of a ¥1.75 billion — around $11.7 million as of press time — ordinary bond to fund additional BTC acquisitions. The third series of ordinary bonds, exclusively allocated to EVO FUND, carries a 0.36% annual interest rate and is fully guaranteed by the company’s president and representative director, Simon Gerovich, per a Nov. 18 regulatory filing.…
MicroStrategy recorded $26 billion in Bitcoin after its price surged to $90.000 last week. The number are surpassing cash owned by big companies including Nike and IBM. Bitcoin, the biggest cryptocurrency in the world, price increasing up to 11% to $90.000 last week. Making MicroStrategy’s Bitcoin, one of the biggest companies that hold Bitcoin, valued up to $26 billion. MicroStrategy executive chairman Michael Saylor, on his X post-Nov. 17, claimed that their Bitcoin value exceeds Nike Inc. and International Business Machine (IBM) Corp cash holdings. In comparison, MicroStrategy’s Bitcoin is…
Andrew Tate, former kickboxer and social media personality, has made the case for investing in bitcoin over other assets, such as gold and real estate. On social media, Tate expressed worries about the size of his BTC stash, stating he had concerns about a few hundred BTC might not be enough. He declared that he […] Original
As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot ETFs and crypto stocks surged, JPMorgan’s retail sentiment score rose to a record high of 4. The measure is designed to gauge the sentiment of retail investors toward cryptocurrencies, especially bitcoin, based on the activity in the family of BTC products, including spot ETFs. Source CryptoX Portal
Metaplanet started buying BTC in April this year as a hedge against Japan’s debt issues and volatility in the yen. Since then, it has accumulated 1,018 BTC worth $92.33 million, according to data source Bitcoin Treasuries. The company has also used options strategies to boost its holdings. Original
On Sunday, Nov. 17, at block height 870,770, a long-inactive bitcoin wallet—created on June 5, 2012—sprang to life, moving 400 BTC valued at $35.7 million. The individual behind the transaction might be the same entity that transferred bitcoin acquired in 2011 and 2012 just last month. 2012 Legacy Wallet Moves $35.7M, 200 Bitcoin to Bitstamp, […] Original