Bitcoin Holdings Surge Among Public Companies
Public companies are increasing Bitcoin holdings, with @AmericanBitcoinCorp raising its stash to 5,843 $BTC. Meanwhile, @GameStop transferred its 4,710 $BTC to Coinbase Prime. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Public companies are increasing Bitcoin holdings, with @AmericanBitcoinCorp raising its stash to 5,843 $BTC. Meanwhile, @GameStop transferred its 4,710 $BTC to Coinbase Prime. #Update #Crypto $BTC
Bitcoin shows signs of stability as institutional investors prefer options hedges over leveraged futures, according to a report by @CoinbaseInsto and Glassnode. #Update #Crypto $BTC
Bitcoin remains in a 60-day range with four macro catalysts potentially driving a breakout. Market tension grows as price compression persists. #Update #Crypto $BTC
South Dakota proposes a bill allowing the State Investment Council to invest government revenues in $BTC, capping investments at 10%, amid rising trends among U.S. states adopting crypto reserves. #Update #Crypto $BTC
Bitcoin ($BTC) rose to $89,300, up 2.2%, as the U.S. dollar index fell to 95.80, its lowest in four years after President Trump’s comments. #Update #Crypto $BTC
Jingliang Su sentenced to 46 months for laundering $36.9M from crypto scams, ordered to pay $26.8M restitution; eight co-conspirators also pleaded guilty. #Breaking #Legal
Eric Balchunas highlights silver’s record trading session, sparking debate on Bitcoin’s volatility and momentum. Procap CIO compares Bitcoin’s setup to silver. #Update #Crypto $BTC
@AnimocaBrandsJP has partnered with @RootstockLabs to bring Bitcoin-native DeFi tools to Japanese corporations, enhancing Bitcoin treasury management and compliance with local regulations. #Update #Crypto $BTC
Bitcoin ETFs saw $6.8M inflows, ending a five-day $1.72B outflow streak, as $BTC gains 1% amid USD correlation concerns. #Update #Crypto $BTC
Citrea’s mainnet is now live, introducing a Bitcoin-focused application layer for lending, trading, and settlement directly on the Bitcoin network. #Update #Crypto $BTC
@MicroStrategy’s Strategy acquires an additional 2,932 $BTC for $264.1M, now holding 712,647 BTC valued at $54.19B amid market downturns. Bitcoin trades at $88,535. #Update #Crypto $BTC
Bitcoin ($BTC) is projected to test sub-$80K levels this week, with volatility expected as market anticipation builds ahead of the US Federal Reserve’s interest rate decision. #Update #Crypto $BTC
Rick Rieder of @BlackRock, a favorite for Trump’s Fed chair pick, advocates for $BTC as a replacement for gold, suggesting it should be part of investment portfolios. #Update #Crypto $BTC
Bitcoin’s bearish structure is reinforced after rejecting $98,000 resistance, with potential downside to $70,000. A break above $89,000 may trigger a short squeeze. #Update #Crypto $BTC