Bitcoin Bullish Signs as Bear Cycle Ends
@Fidelity reports that bitcoin may be nearing the end of its bear market, with a potential bottom around November 2026, citing historical cycles and rising digital asset adoption. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@Fidelity reports that bitcoin may be nearing the end of its bear market, with a potential bottom around November 2026, citing historical cycles and rising digital asset adoption. #Update #Crypto $BTC
US-listed spot Bitcoin ETFs saw $730.9 million in inflows, the highest since January, as BTC reclaimed $80K; however, demand concerns persist. #Update #Crypto $BTC
Bitcoin ETFs saw their largest inflow since January, attracting $731 million on Thursday, with total net assets surpassing $103 billion, largely driven by @BlackRock’s IBIT. #Update #Crypto $BTC
El Salvador’s Bitcoin accumulation post-IMF review involved no public funds, verified by the IMF, with holdings now at 7,764 BTC valued at $628 million from private donations. #Update #Crypto $BTC
El Salvador’s Bitcoin accumulation, verified by the IMF, was funded through private donations, not public resources, maintaining its 7,764 BTC holdings valued at $628 million. #Update #Crypto $BTC
One full $BTC now buys over 18 ounces of gold, the highest ratio since January, as both assets rise amid inflation fears rather than bond yields. #Update #Crypto $BTC
Bitcoin rises above $81,000 as traders reduce September Federal Reserve rate hike odds to 50%, with Zcash leading gains at 15%. #Update #Crypto $BTC $ZEC
Bitcoin could see $1.3T-$5.3T in inflows if portfolio allocations increase, potentially driving prices to $250K-$840K within 3-5 years, per @River’s model. #Update #Crypto $BTC
The U.S. Treasury’s FinCEN identified $12.7B in suspected crypto scams, with stablecoins like $USDT involved, leading to 276 arrests and nine dismantled scam centers. #Crypto #Legal
CleanSpark expands its operational deployed hashrate beyond 30 EH/s after acquiring two Mississippi data center facilities, adding 75 MW of power capacity. #Update #Crypto
James Howells lost 7,500-8,000 $BTC worth $578M in a landfill, while Stefan Thomas has 2 chances left to unlock 7,002 $BTC. #Breaking #Crypto $BTC
Grayscale and CCI support confidential crypto ETF filings to prevent copycats, while A16z and others push for faster SEC reviews without reducing scrutiny. #Update #Crypto
Hargreaves Lansdown offers nine bitcoin and ether ETNs from Blackrock and others to eligible UK investors, expanding retail crypto access with eligibility checks. #Update #Crypto $BTC
Hyperscale Data ceased Bitcoin mining at its Michigan center to accommodate an AI contract potentially worth $1.2 billion over 20 years, transitioning focus to AI infrastructure. #Update #Crypto $BTC