Browsing: Bitcoin

BlackRock said in a report by Robbie Mitchnick, its head of digital assets, and the firm’s research team that the core investment case for Bitcoin remains intact as an important emerging global alternative monetary asset and a unique portfolio diversifier.…

Cash App, the U.S. mobile financial platform led by Jack Dorsey, is expanding cryptocurrency purchases for U.S. users, CoinDesk reported. Through crypto payments platform MoonPay, Cash App will support purchases of cryptocurrencies beyond Bitcoin and USDC, including Ethereum (ETH), Solana…

Metaplanet said it invested 2,100 BTC in Nasdaq-listed Super League to launch Superplanet, a U.S. Bitcoin treasury platform.

Binance’s 30-day average Bitcoin taker buy volume has fallen to around $3.3 billion, entering a historically depleted zone that was seen just before major market turning points in the past, Crypto Briefing reported. The metric tracks market buy volume that…

The Bhutan government transferred 300 BTC worth $19.28 million to a new wallet, Onchain Lens reported. Last month, Bhutan deposited 66 BTC to Binance.

Citi plans to launch its digital-asset custody service by year-end, starting with Bitcoin, The Block reported. The bank disclosed further details of the rollout plan it had announced earlier and said its new Custody+ platform will offer custody for traditional…

Bitcoin funding rates have climbed to their highest level in about 20 months, with long positions now heavily crowded, according to U.Today. The report said futures traders are strongly betting on further gains and are willing to pay higher costs…

An investor who held Bitcoin for 10 years ended up with a portfolio worth about $828,000 more than if the same amount had been invested in SPY, the S&P 500-tracking ETF, CryptoSlate reported. The outlet said BTC rose about 87-fold…

James Chanos, a well-known short seller, said an arbitrage trade based on the price gap between Strategy (MSTR) stock and Bitcoin was one of the biggest opportunities he has seen, according to U.Today. Chanos claimed the gap was worth $80…

If BTC breaks above $64,984, about $474.15 million in short positions on major centralized exchanges would be liquidated, according to CoinGlass data. If BTC falls below $63,711, about $249.70 million in long positions would be liquidated.