Tether Surges Past Bitcoin ETFs in Purchases
Tether has increased its Bitcoin reserves by 27,700 BTC over the past year, totaling 100,521 BTC and surpassing many Bitcoin ETFs in annual purchases. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Crash Warning JPMorgan Predicts Fed Impact
JPMorgan warns a Fed rate cut on September 17 could trigger a “sell the news” event, impacting crypto markets. Bitcoin trades at $112,739 amid volatility concerns. #Update #Crypto $BTC
Bitcoin Surges to $113K as Fed Cuts Rates
Bitcoin ($BTC) hits $113,000 as traders anticipate a potential rally, with liquidity conditions suggesting a possible short squeeze at $115,000; however, concerns over weak spot demand persist. #Update #Crypto $BTC
Bitcoin Custody Launch by BBVA Bank with Ripple
@Ripple expands its partnership with BBVA to provide digital asset custody services for $BTC, $ETH, and tokenized assets for retail investors, enhancing crypto offerings in Spain. #Update #Crypto $BTC $ETH
Bitcoin: Kazakhstan Launches State Crypto Fund
Kazakhstan President Tokayev proposes a State Digital Asset Fund to build a strategic crypto reserve amid rising crypto ownership and mining tax revenue. #Update #Crypto
Bitcoin Surges Toward $150K by Christmas
Michael Saylor claims analysts expect $BTC to hit $150,000 by Christmas, requiring a 35% increase. Tom Lee projects $200,000 by 2025. #Update #Crypto $BTC
Bitcoin Congress Demands Reserve Report Details
US lawmakers introduced a bill for the Treasury to report on a strategic Bitcoin reserve, including custody and cybersecurity measures. The report is due within 90 days post-enactment. #Update #Crypto $BTC
Bitcoin Ethereum Stagnate What’s Next
Investors await U.S. economic data and Fed’s rate decision amid volatile crypto markets; $ETH shows stronger momentum than $BTC with increased open interest. #Update #Crypto $ETH
Bitcoin Gains Traction in Official Reserves
Bitcoin’s role as a tactical asset grows, with the Philippines planning to include it in reserves, yet it’s far from being a global reserve currency. #Update #Crypto $BTC
Bitcoin and Ethereum Surge Amid Market Correction
Bitcoin reserves on exchanges are declining, signaling limited selling pressure, while Ethereum demand remains high despite corrections. Indicators suggest potential growth for both assets. #Update #Crypto $BTC $ETH
Bitcoin Security: US Lawmakers Demand Treasury Report
The U.S. House bill requires the Treasury to assess a Strategic Bitcoin Reserve’s feasibility, including custody and cybersecurity, potentially setting industry benchmarks. #Update #Crypto $BTC
Bitcoin Acquires 1955 BTC with $217M Investment
@Strategy has acquired 1,955 BTC for $217.4M, raising total holdings to 638,460 BTC valued at over $71B. Year-to-date yield stands at 25.8%. #Update #Crypto $BTC
Bitcoin Scam: California Man Gets 37M Sentence
Shengsheng He sentenced to 51 months for laundering $37M in a crypto scam using Axis Digital Limited; part of DOJ’s crackdown on global fraud. #Breaking #Legal
Bitcoin Finds Key Support Will Momentum Hold
Bitcoin finds crucial support on the bull market band, maintaining momentum as analysts observe market trends. No significant price movements or events reported. #Update #Crypto $BTC