A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official Pushes Bitcoin as Hedge for Public Retirement Stability Chief Financial Officer and State Fire Marshal Jimmy Patronis, a statewide elected official and member of Florida’s […] Original
Tag: Bitcoin
Experts: Microsoft’s Bitcoin Consideration Reflects Growing Corporate Acceptance
Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate […] Original
MSTR Raising $42B to Buy More Bitcoin (BTC)
MicroStrategy’s most recent previous disclosure was in mid-September when it announced the purchase of 7,420 bitcoins (BTC) for $458.2 million. That brought its holdings to that point to 252,220 bitcoins acquired for a total of $9.9 billion, or an average price of $39,266 each. At the current price of about $72,000 the company’s bitcoin is worth more than $18 billion. Source
How Trump’s DOGE Vision Could Impact Bitcoin Prices By 2025: Market Expert Answers
As the US presidential election approaches, former President Donald Trump’s odds on crypto betting platforms like Polymarket have surged, with analysts predicting significant implications for Bitcoin prices if he secures a second term in the Oval Office. However, market expert Patrick H. warns that the current favorable conditions supporting Bitcoin’s rally toward a new record high may shift dramatically under Trump’s proposed fiscal policies for the coming year. ‘No Money Printing, No Gains’ In a recent analysis shared on X (formerly Twitter), Patrick H. posited that if Trump is re-elected…
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted. Original
This October investment is outperforming top cryptos like Bitcoin, Ethereum, and Solana
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An unexpected player is outpacing leading cryptocurrencies this October, capturing the crypto community’s attention. An unexpected player is outpacing the leading digital currencies this October. While the most well-known cryptocurrencies are under the spotlight, another investment is quietly surpassing them all. This surprising asset is catching attention in the crypto community. What is this rising star that’s eclipsing the top digital tokens? Discover the investment that’s challenging the dominance…
Reddit Sells Bitcoin Just Before Major Price Jump – Here’s What We Know
According to Reddit, the popular platform known for its forums and discussions, the company recently made a modest sale of bitcoin (BTC) and ethereum (ETH). Reddit Cashed out Its Crypto Right Before October’s Price Spike In a 10-Q SEC filing, Reddit disclosed the sale of these digital assets, which occurred before bitcoin saw its price […] Original
Can Bitcoin Hit $200,000 Only If The Dollar Falls? Bitwise CIO
Este artículo también está disponible en español. Matt Hougan, Chief Investment Officer of Bitwise Asset Management, addressed a pressing question among investors: Does the US dollar need to collapse for Bitcoin to reach a valuation of $200,000 per coin? Hougan’s analysis suggests that Bitcoin’s ascent to such a price level does not depend on a decline in the US dollar’s value but rather on Bitcoin’s maturation as a store-of-value asset and global economic factors increasing demand for such assets. Bitcoin Can Reach $200,000 Without US Dollar Collapse In a series…
Bitcoin Price Prediction: BTC Pumps 7% and Pepe Unchained Could Explode Next
Bitcoin (BTC) has had a strong week so far, climbing 7% since Monday as election season ramps up the hype in the crypto market. Historically, presidential races tend to shake up crypto – and traders are ready to seize the moment. While BTC’s rally is grabbing attention, Pepe Unchained (PEPU), a new meme coin in […] Original
$870M Flows Into Bitcoin ETFs, Pushing Reserve Holdings to 5% of BTC’s Market Cap
Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz. On Tuesday, as bitcoin (BTC) hovered near its […] Original