US President Donald Trump signed an executive order on March 7 establishing a Strategic Bitcoin Reserve (SBR) and a “Digital Asset Stockpile.” Both will initially be capitalized with cryptocurrency seized via government criminal and civil forfeiture proceedings, with future acquisitions possible under budget-neutral conditions. Moments after the news went public, BTC’s price slipped from roughly …
Japan’s Metaplanet has gone on yet another Bitcoin buying spree. Earlier today, it snagged an extra 156 $BTC worth around $13.4M, bringing its stash to a sizable 2,391 $BTC (approximately $219.5M). It’s reportedly thinking about listing its $BTC shares in the US for more financial opportunities. This comes as no surprise, considering that its $BTC investments …
In the past few days, the price of Bitcoin has been under significant bearish pressure, falling by more than 10% in the past week. The US-based spot Bitcoin ETFs (exchange-traded funds) registered significant withdrawals in the same period, begging the question of whether the funds are responsible for the market downturn. The spot Bitcoin exchange-traded …
The year 2025 has not exactly gone as planned for the crypto industry, as bearish pressure continues to envelop the market. Following the recent downturn that shook the crypto market, the Bitcoin price is now trading nearly 25% beneath its all-time high. According to data from CoinGecko, the price of Bitcoin is down by roughly …
In the past two days, the Bitcoin price has tumbled more than 10%, rattling a crypto market that had seen a sustained period of relative stability. The pullback has left investors questioning the role of US spot-based Bitcoin ETFs in the downturn, as data emerges revealing significant outflows from these products. Vetle Lunde, Head of …
The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cryptocurrency? Is The Bitcoin Price At Risk Of Downward Movement? In a recent post on …
Bitcoin aSOPR reset, following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price movement. Notably, blockchain analytics firm Glassnode …
The institutional adoption of Bitcoin exchange-traded funds (ETFs) has experienced an unprecedented surge in the past 11 months, underscoring a tectonic shift in the way traditional investors interact with digital assets. Bitwise data indicates that the number of institutional holders of US spot Bitcoin ETFs has increased by nearly 55 times – from 61 in …
HK Asia Holdings announced the purchase of one Bitcoin on February 13, calling this investment “symbolic in scale.” Following the public announcement, the company’s stocks surged by 93% between February 13 and 17. This increase catapulted the stock to 5.50 HKD (Hong Kong Dollars) which is the equivalent of $0.71. While the price has fluctuated …
Despite the challenging macroeconomic environment, Federal Reserve chairman Jerome Powell has revised his stance on Bitcoin, which has given investors cautious hope for cryptocurrencies. Comparing Bitcoin to gold addressed it as digital gold during an appearance at the New York Times DealBook Summit, Powell characterized the flagship crypto as a “speculative asset” rather than a …
