Grayscale Investments increased its Bitcoin and Ethereum allocations to 90% in its Digital Large Cap Fund, adding Cardano with a 1.44% allocation after a 75% price surge. The firm seeks regulatory approval for ETFs amid leadership changes at the SEC. #Update #Crypto $BTC (+6) ↗
A @Meta shareholder has proposed the company evaluate adding $BTC to its treasury, citing Bitcoin’s growth as an inflation-resistant asset. The proposal highlights Bitcoin’s significant price increase compared to bonds and cash equivalents. #Update #Crypto (+3) ↗
@MicroStrategy’s Bitcoin holdings have surged by approximately 51%, with unrealized gains exceeding $14 billion, according to the SaylorTracker website. Michael Saylor has posted this Bitcoin tracker update for the tenth consecutive week. #Update #Crypto $BTC (+4) ↗
Several U.S. states, including Texas and Pennsylvania, are considering establishing Bitcoin reserves following Donald Trump’s national-level plans to stockpile $BTC in the U.S. Treasury. This move reflects growing interest in digital assets as a financial strategy. #Update #Crypto $BTC (+4) ↗
Bitcoin’s price struggles continue as $BTC faces repeated rejections at $100,000, with the latest drop to $92,000 highlighting vulnerability. The pivotal $90,000 support level remains under threat amid bearish technical indicators. #Update #Crypto $BTC (-4) ↘
@Glassnode warns that $BTC is nearing a critical juncture, with its price just 7% above the Short-Term Holder cost basis of $88,135. A drop below this level could signal waning sentiment among new investors. #Update #Crypto $BTC (-3) ↘
MicroStrategy’s Bitcoin holdings, tracked by Michael Saylor for the 10th week, show a 51% increase with unrealized gains exceeding $14 billion. #Update #Crypto $BTC (+6) ↗
@MicroStrategy’s Bitcoin strategy has inspired over 70 companies to follow suit, with @Tesla, @Block, and others increasing their $BTC reserves amid the cryptocurrency’s recent surge. This trend highlights growing corporate interest in digital assets. #Update #Crypto $BTC (+6) ↗
The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the US has driven significant growth in $BTC’s price, with these ETFs now holding approximately $107.64 billion in assets, marking a historic milestone for the crypto market. #Update #ETF $BTC (+7) ↗
Bitcoin’s price hovers around $95,000 as @Kalshi and @Polymarket users speculate on its potential rise to $120,000 by month’s end, with a 12% chance predicted. #Update #Crypto $BTC (+3) ↗
XRP has gained attention as financial expert Linda P. Jones clarified her statements about the altcoin’s potential $100 valuation, emphasizing long-term prospects over short-term predictions during a recent podcast session. #Update #Crypto $XRP (+3) ↗
Russian bailiffs are liquidating over 1,032 Bitcoin, valued at approximately one billion rubles, confiscated from Marat Tambiev in a significant crypto bribery case involving the Infraud Organization. #Breaking #Legal $BTC (+8) ↗
@BlackRock has accumulated a $50 billion Bitcoin ($BTC) trove in 2024, while @MicroStrategy and Fidelity acquired $24 billion and $20 billion respectively. However, BlackRock is now offloading BTC. #Breaking #Crypto $BTC (+9) ↗
Bitcoin ($BTC) surged past $94K, maintaining stability alongside Ethereum ($ETH) after U.S. jobs data release. Grayscale’s consideration of 39 cryptocurrencies, including Dogecoin ($DOGE), bolstered market sentiment. Bitcoin SV (BSV) led gains with a 15% rise. #Update #Crypto $BTC (+3) ↗
