Bitcoin Crashes Below $10K Bloomberg Warns
Bloomberg’s Mike McGlone warns $BTC could fall below $10,000 due to macroeconomic pressures and risk asset corrections. He emphasizes stablecoins as structural winners. #Update #Crypto $BTC
Bitcoin news
Bitcoin Buyer Launches New BTC Ecosystem Initiative
@Metaplanet, Asia’s largest publicly listed bitcoin holder, launches Metaplanet Ventures K.K. to invest ¥4 billion ($27M) in Japan’s bitcoin infrastructure, starting with a ¥400 million investment in JPYC Inc. #Update #Crypto $BTC
Bitcoin Vault Security Boosts With Babylon-Ledger
Bitcoin Vault enhances security by integrating with Babylon-Ledger, boosting protection for users. This development aims to safeguard digital assets effectively. #Update #Crypto #Security
Bitcoin Strategy STRC Secures $50 Million Investment
@Strive announced the purchase of 179 additional $BTC, increasing total holdings to 13,311 BTC valued at approximately $930 million. The dividend on preferred security SATA was raised to 12.75%. #Update #Crypto $BTC
Bitcoin S2F Predicts $500K Surge
Bitcoin could average $500,000 during the 2024-2028 halving cycle, according to PlanB’s Stock-to-Flow model, despite current prices near $70,000. #Update #Crypto $BTC
Bitcoin Surges as U S Iran Conflict Escalates
Bitcoin $BTC could benefit from prolonged U.S.-Iran conflict as rising debt and spending may boost liquidity, historically favorable for the cryptocurrency, according to macrostrategist Mark Connors. #Update #Crypto $BTC
Bitcoin Bottom Calculated by Simple Math
Crypto analyst Chetan Gurjar highlights Bitcoin’s macro phase using Fibonacci levels, noting $BTC’s shift from resistance to support at $62,084. #Update #Crypto $BTC
Bitcoin Hits 23-Month Cycle Low
Crypto analyst Coinvo suggests $BTC may be near a bottom, predicting a potential rally to $150K despite current downside pressure from U.S.-Iran tensions. #Update #Crypto $BTC
Bitcoin Strategist Michael Saylor Buys $1.3 Billion
@MicroStrategy, led by Michael Saylor, acquired 17,994 $BTC for $1.28 billion last week, raising total holdings to 738,731 $BTC valued at $56.04 billion. #Update #Crypto $BTC
Bitcoin Investor Nigel Farage Acquires 6% Stake
Nigel Farage invested £215,000 in @StackBTC, acquiring a 6.31% stake as the company raised £260,000 in a share sale. Shares rose 12% to 6.875 pence. #Update #Crypto $BTC
Bitcoin Crashes: 43% Supply in Loss
Bitcoin’s supply in loss hits 43%, signaling potential bear market as geopolitical tensions and rising oil prices pressure $BTC. Current profit supply at 57%. #Update #Crypto $BTC
Bitcoin Steadies as U.S. Oil Shock Eases
Bitcoin remains stable around $67,000 despite rising oil prices due to the Iran-U.S.-Israel conflict, reflecting its ties to U.S. markets and resilience against inflation pressures. #Update #Crypto $BTC
Bitcoin Diversifies Portfolios Despite Tech Stock Trends
Bitcoin’s correlation with U.S. equities has increased, but NYDIG asserts it remains a strong portfolio diversifier, driven by unique crypto market factors. #Update #Crypto $BTC
Bitcoin Impacted as Oil Surges Over $100
Oil prices surge above $100 per barrel amid geopolitical tensions, impacting risk assets like $BTC, which trades near $67,000; potential inflation fears could tighten liquidity. #Update #Crypto $BTC