Based on Wednesday’s data, spot bitcoin exchange-traded funds (ETFs) attracted inflows totaling $893.21 million, with Blackrock taking a notable lead. Blackrock’s Bitcoin ETF Hits Big Numbers Crypto ETFs continue to draw investor attention as both spot bitcoin and ether funds posted gains. The bitcoin ETFs nearly reached $1 billion, securing $893.21 million, led by Blackrock’s […] Original
Michael Saylor’s software giant, MicroStrategy, plans to finance its continued Bitcoin acquisition strategy through new stock sales and capital raises. MicroStrategy intends to buy $42 billion worth of Bitcoin (BTC) by 2027, the firm’s CEO Phong Le revealed revealed during its Oct. 30 earnings call. The firm noted plans to issue more securities to support cash flow from its software business and “scale up our Bitcoin capital markets initiatives.” Le referred to the plan as “21/21,” as MicroStrategy aims to raise $21 billion from debt and $21 billion from equity…
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines. Original
The goal of allowing greater utility is one of “critical” importance, according to Citrea. While BTC has served well as a form of digital gold, it risks being sidelined by users relying on intermediaries and external networks to provide scalability, Citrea said. Source CryptoX Portal
16 years ago, Satoshi released the Bitcoin white paper into the world, seeking to revolutionize finance by eliminating the custodians and middlemen associated with money. Today, his proposal is as valid as ever, even with bitcoin’s rise in popularity. Bitcoin Turns 16 Amidst a Surge in Adoption and Popularity 16 years ago, Satoshi Nakamoto, the […] Original
Este artículo también está disponible en español. Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading volumes ahead of the US presidential election. Bitcoin To Rise Above $79,300? Joshua Lim, co-founder of Arbelos Markets—a trading firm providing liquidity across cryptocurrency derivatives markets—shared insights on X about these notable trades. “CME Bitcoin options just experienced some of its largest volume…
Bitcoin appears to be taking a breather as October draws to a close, trading around $72,500 during the late European morning, about 0.3% higher in the last 24 hours. The broader digital asset market has fallen nearly 0.9%, as measured by the CoinDesk 20 Index, with ETH and SOL lower by 1.15% and 0.3%, respectively. Bitcoin has gained over 6% in the last week, so the temporarily muted price action may point toward profit-taking. Nevertheless, spot bitcoin ETFs registered $893 million of inflows on Wednesday, a second consecutive day of…
Este artículo también está disponible en español. Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a significant move in the coming days. Analysts and investors closely watch this range as BTC inches closer to its all-time high (ATH). Top analyst Axel Adler recently shared key data from CryptoQuant, noting that trading volume has steadily decreased as Bitcoin remains within these levels. Typically, this volume decline signals consolidation, a phase often preceding a major price swing. Related Reading Anticipation is…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. VanEck teams up with Kiln to boost Solana staking, while analysts predict Bitcoin Cash reaching $800 and Intel Markets hitting $1 by 2025. VanEck has partnered with Kiln to expand its Solana (SOL) staking strategy as more institutions embrace digital currencies. Meanwhile, analysts have given bullish price forecasts for these altcoins: Bitcoin Cash (BCH) and Intel Markets (INTL). They forecast the value of Bitcoin Cash could rally to $800…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Microsoft eyes Bitcoin adoption amid dollar concerns, Rollblock is making waves in the GambleFi sector, soaring past Solana with a remarkable 220% pre-ICO increase. Bitcoin’s (BTC) gains and remarkable technology continue to attract the attention of tech giants, with Microsoft being the latest to consider adoption. BTC’s consideration seems to be driven by concerns about the sustainability of long-term dollar holdings as the USD gradually loses its value.…