Bitcoin Bulls Struggle at $111K Threshold
Bitcoin teeters at $111,248 with a market cap of $2.22 trillion and 24-hour volume of $51.78 billion, showing volatile swings between $111,115 and $114,005. #Update #Crypto $BTC
Bitcoin teeters at $111,248 with a market cap of $2.22 trillion and 24-hour volume of $51.78 billion, showing volatile swings between $111,115 and $114,005. #Update #Crypto $BTC
US spot Bitcoin ETF flows have slowed after significant prior inflows, indicating weaker institutional demand that may lead $BTC into a prolonged correction phase. #Update #Crypto $BTC
Raoul Pal highlights a breakdown in Bitcoin’s correlation with global M2 money supply since July, attributing it to U.S. Treasury actions draining liquidity; he expects normalization soon. #Update #Crypto $BTC
Coffee shops, fast-food chains, and retailers like @Starbucks and @Microsoft now accept $BTC, $ETH, and $XRP payments. Crypto is increasingly integrated into everyday transactions and luxury purchases. #Update #Crypto $BTC $ETH $XRP
@OranjeBTC, a bitcoin-treasury company in Brazil, acquired 3,650 $BTC, surpassing Meliuz as the largest in Latin America and plans a reverse IPO. #Breaking #Crypto $BTC
China-based @JiuziHoldings announces a $1B crypto treasury strategy focusing on $BTC, $ETH, and $BNB to enhance shareholder value, causing a 55% premarket stock surge. #Breaking #Crypto $JZXN (+7) ↗
Ohio State Board of Deposit approves vendor for cryptocurrency payments, including Bitcoin, for state fees and services. Ohio Secretary of State Frank LaRose supports broader crypto legislation. #Update #Crypto $BTC
Sygnia CEO Magda Wierzycka warns against excessive enthusiasm for $BTC, advising it should be no more than 5% of discretionary assets. #Update #Crypto $BTC
India leads onchain volumes while Japan sees fastest crypto growth, per Chainalysis report. Asia-Pacific’s crypto adoption surges, influencing global flows. #Update #Crypto
South Korean police arrested a church accountant for embezzling $350,000 intended for land purchase, investing it in a cryptocurrency scam. Investigations into the fraud and the accountant’s actions are ongoing. #Update #Legal
$BTC surged above $113,900 as institutional buying continues, but faces resistance near $117,500; altcoins like $BNB and $AVAX may see upward trends. #Update #Crypto $BTC
Bitcoin rises 1.7% to $113,700 as gold dips 1.5% to $3,759; year-to-date gold up 42%, Bitcoin up 22%. Both assets show long-term correlation as hedges against inflation. #Update #Crypto $BTC
The global population of crypto millionaires surged 40% to 241,700, driven by Bitcoin’s rise as total market cap hit $3.3 trillion. #Update #Crypto $BTC
Bitcoin faces uncertainty as messy subwave structures challenge resistance at $113,000. Analysts highlight $111,000 support’s importance for bullish momentum. #Update #Crypto $BTC