AI-powered education group Genius Group has revealed that it is being compelled to sell off its Bitcoin reserves following a restriction imposed by the US District Court (Southern District of New York), which prevents the company from raising money, issuing stock, or investing investor funds in BTC. Its chief exec now claims that court orders...Read More
BitMEX co-founder Arthur Hayes believes the economic chaos triggered by U.S. President Donald Trump’s sweeping tariffs will inevitably lead to a monetary easing cycle, which, in his view, will act as rocket fuel for Bitcoin (BTC). With digital asset markets struggling to stabilize, the crypto enthusiast is doubling down on his prediction of a massive...Read More
Former BitMEX CEO Arthur Hayes, for one, commented on the latest market turmoil and cautioned Bitcoin traders about potential volatility in the coming weeks. In a post on X, Hayes stated, “Market no likey ‘Liberation Day.’ If $BTC can hold $76.5k btw now and US tax day Apr 15, then we are out of the...Read More
Bitcoin (BTC) traders are hedging against a potential market drop, with a massive options bet targeting a $60,000 price level for the flagship cryptocurrency. The block trade represents one of the largest bearish bets in recent weeks, suggesting deep pessimism about Bitcoin’s short-term prospects against a backdrop of looming macroeconomic uncertainties. Massive Put Option Signals...Read More
In a filing with the SEC on April 1, the video game retailer reported that it had completed a private offering of $1.5 billion in Convertible Senior Notes due 2030, including the full exercise of the initial purchaser’s option for an additional $200 million. The filing specifically mentioned Bitcoin in the “Proceeds” section. It stated that...Read More
Tokyo-based firm Metaplanet has made yet another move in its crypto acquisition strategy by purchasing an additional 696 BTC through its Bitcoin Income Generation business. The company executed this purchase by selling cash-secured put options, a tactic that enabled it to acquire Bitcoin at below-market prices while earning premiums. The total value of this acquisition...Read More
Despite a minor recovery this week, Bitcoin’s price continues to struggle well below $90,000. The crypto asset has been under tremendous market stress as traders remained cautious due to economic uncertainties. However, BitMEX co-founder Arthur Hayes believes that Bitcoin could surge to $250,000 by the end of 2025. Bitcoin’s Push to $250,000 In his latest...Read More
The first quarter of 2025 ended on a sour note, with Bitcoin (BTC) and Ethereum (ETH) posting their weakest quarterly performance in nearly a decade. Data from the crypto futures trading and information platform CoinGlass shows that last quarter was the worst Q1 BTC and ETH have posted since 2018. On a monthly basis, March...Read More
Bitcoin whales are continuing to increase their holdings, with the number of wallets having between 1,000 and 10,000 BTC reaching 1,993, the highest since December 2024. This surge in heavyweight investor activity comes as Bitcoin’s prices fluctuated between $81,000 and $84,000 in the past few days. Whale Accumulation on Multi-month High According to data from...Read More
Tether, the issuer of the USDT stablecoin, has expanded its Bitcoin holdings with a $735 million purchase made in the first quarter of 2025. This latest investment has positioned the company as the sixth-largest Bitcoin holder globally. Details From the Purchase According to data from Spot On Chain, Tether acquired 8,888 BTC, bringing its total...Read More
Hut 8 Corp. has launched American Bitcoin Corp, a majority-owned subsidiary designed to focus on industrial-scale Bitcoin mining and reserve development. This move follows the crypto mining company’s strategic decision to contribute nearly all of its ASIC miners to American Data Centers, Inc. in return for a majority stake in the company. The company, initially...Read More
The NASDAQ-listed largest corporate holder of bitcoin seems unfazed by the asset’s lackluster price performance lately, as it continues to scoop up more. In its latest announcement, company co-founder Michael Saylor said the firm spent almost $2 billion to acquire 22,048 BTC. $MSTR has acquired 22,048 BTC for ~$1.92 billion at ~$86,969 per bitcoin and...Read More
Bitcoin (BTC) is flashing a critical supply signal as investors withdrew at least 30,000 BTC from crypto exchanges in a week. With corporations like Strategy aggressively accumulating the number one cryptocurrency, market watchers warn of a liquidity crunch that could ignite volatility. Bitcoin Outflows Point to Reduced Selling Pressure Recent on-chain data from Santiment, shared...Read More
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the...Read More
In March, corporate treasuries from Virginia to Texas, California, and Japan added Bitcoin to their books as a financial strategy. This is beginning to become a trend with factorable implications for Bitcoin’s price. Bitcoin ETFs on Wall Street flipped back to a streak of decisively positive inflows in March. These are custodial services of on-chain...Read More
Buffett made a name for himself as a modern-day prophet because of the scale of his historically outstanding success with free capital markets. Far away from New York City boiler rooms paralyzed by Wall Street’s echo chambers and groupthink, the Oracle of Omaha ignored newspapers and television news stories. Instead, the world’s most successful investor...Read More
Bitcoin is seemingly at another crossroads. After a volatile week, the cryptocurrency is testing a critical support zone between $82,000 and $84,000, and analysts are split on whether it is the calm before another leg up or the start of a brutal correction. Bear Trap or Bear Market? Crypto influencer Kyle Chasse sent alarm bells...Read More
Bitcoin briefly surpassed $88,000 earlier this week, amidst a recovery following several catalysts, including GameStop’s surprise $1.3 billion capital raise for Bitcoin allocation. Despite this surge, the crypto asset quickly retraced, falling by 3% over the past 24 hours, as traders appear to have cashed in on the brief relief rally. However, BTC flows across...Read More
Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030. Investors will have the option to convert the notes into GameStop’s Class A common stock at a later...Read More
Bitcoin’s (BTC) recent price movements have raised speculations about the possible end of the bull market and the onset of a bear season. Investors are wondering if the leading digital asset is entering a period of continued downturn and sideways movement, but analysts still insist there is hope. The on-chain analyst and bitcoin insights provider...Read More
In the past few trading days, the United States spot Bitcoin exchange-traded funds (ETFs) market has witnessed a positive reversal in investor flows. However, the on-chain analytics firm CryptoQuant says these funds are currently at a critical turning point, especially with BTC’s price reacting to macroeconomic uncertainty. In a series of tweets, CryptoQuant explained that...Read More
The Curve DAO token (CRV) is gearing up for a potential breakout, but its fate hinges on Bitcoin’s (BTC) next move. Analysts warn that if BTC stumbles, CRV’s run could fizzle before it hits new highs. CrediBULL Crypto has highlighted a critical resistance zone for CRV. A clean break above this level could send the...Read More
GameStop has officially added Bitcoin (BTC) to its treasury reserves after its board approved the decision. The move comes as the firm reported improved quarterly earnings, with net income more than doubling in the fourth quarter of 2024. Quarterly Profits Show Gains The Texas-based company announced on March 25 that its board has “unanimously approved...Read More
Bitcoin has had a wild ride this year. However, Bitwise Chief Investment Officer Matt Hougan sees a major shift in its trajectory. In fact, the exec believes that this is the “best time in history” to buy Bitcoin on a risk-adjusted basis. Bitcoin’s Historic Risks Are Gone In his latest blog post, Hougan reflected on...Read More
Bitcoin experienced major setbacks in the first quarter of 2025. After reaching an all-time high of over $109,000, the leading cryptocurrency dropped and remained on a downward trend until mid-March. Following a recent recovery above $88,000, BTC finds itself at a crucial stage in its market journey. Market Health and Future Direction CryptoQuant’s Bitcoin Combined...Read More
Bitcoin’s latest rally past $88,000 has reignited bullish sentiment across the market, with some traders predicting a surge to $159,000. However, blockchain analytics firm Santiment has issued a cautionary note, suggesting this optimism could backfire. Greed Could Spell Trouble Crypto markets thrive on sentiment, and right now, greed is creeping back in after a period...Read More
BlackRock, the world’s largest asset manager, has expanded its footprint in the cryptocurrency market by launching its first Bitcoin exchange-traded product (ETP) in Europe. The iShares Bitcoin ETP began trading on Tuesday on Xetra in Germany, Euronext Paris, and Euronext Amsterdam, under the tickers IB1T and BTCN, respectively. BlackRock Brings Bitcoin ETP to Europe This...Read More
Bitcoin has made a comeback over the past week, rising by 5%. Although investors continue to proceed with caution, new data revealed that bullish sentiment is at its strongest level in six weeks. This shift came as the crypto asset soared to $88,500 where its rally was stopped. Bullish Sentiment According to the latest analysis...Read More
The start of the business week was quite positive for bitcoin, as its price jumped by several grand from the weekend stagnation and hit a multi-week peak of just under $89,000. However, it faced immediate resistance at that point and was pushed south to under $87,000 as of now. Here are some of the possible...Read More
The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected. According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows....Read More
