“I think we’re going to see a *MASSIVE* move up by Bitcoin soon,” said crypto analyst ‘Colin Talks Crypto’ on X on Monday. He added that we are at a “pivotal moment right now,” and BTC is “going to soar soon, and not look back.” The bullish prediction came as Bitcoin tanked around $4,000 from $116,000 […]
Digital asset investment products logged their second straight week of inflows as they collectively pulled in $1.9 billion. The surge followed the US Federal Reserve’s long-anticipated interest rate cut last week. Investors were initially hesitant and treated the move as a “hawkish cut,” but sentiment improved as the week progressed. By Thursday and Friday, inflows […]
Bitcoin prices have tapped $117,000 twice over the past couple of hours as the asset reached its highest level since August 23, almost four weeks ago. BTC gained 1.5% on the day, and almost 5% on the week, but had retreated slightly to $116,600 at the time of writing on Wednesday morning in Asia. The […]
Analysts have forecasted that Solana (SOL) treasury companies might outshine Bitcoin (BTC) and Ether (ETH) in 2025. Galaxy’s Michael Marcantonio outlined various reasons why SOL is the superior choice for such companies, including its higher staging yield and throughput. Expert Backs SOL as High-Yield Reserve Asset Marcantonio shared his views in a September 15 X […]
“With 95% of total supply soon to be in circulation, the market may be shifting from an era of abundance to one defined by scarcity,” wrote Fidelity Digital Assets researcher Zack Wainwright in a report released on Monday. The report identified two cohorts that defined the threshold of illiquid supply. These were entities with Bitcoin […]
Investor confidence in Bitcoin saw a powerful comeback as the asset drew $2.4 billion in inflows. This figure is its biggest weekly tally since July. Meanwhile, short-Bitcoin products lost ground, with outflows trimming their assets under management to $86 million. Ethereum also benefited from the change in sentiment. After eight days of consistent withdrawals, it […]
In its latest report, BitMEX Research examined how BRC-20 Tokens and Ordinal images are affecting Bitcoin node verification. The study looked at Ordinal-related data on Bitcoin, including the transaction count and data size, to determine their impact on node operators. BRC-20 Tokens Strain Bitcoin Nodes More Than Images The September 8 report revealed that BRC-20 […]
The Minneapolis-based bank with over $685 billion in total assets has renewed its Bitcoin custody services for institutions. Following a 3-year pause, now in a more crypto-appreciative environment, this is possible once more. Back After a Hiatus Shared via a press release, U.S. Bank, the primary operating subsidiary of U.S. Bancorp, announced yesterday that it […]
The Trump family-owned American Bitcoin began trading on the Nasdaq under the ticker symbol ‘ABTC’ on Tuesday following the completion of its stock merger with Gryphon Digital Mining. The firm is a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, according to the announcement. Shares in the Trump-backed Bitcoin venture surged as much […]
Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April 9 in a correction that took […]