Grayscale Maintains Its Leadership in the Bitcoin ETF Market
TL;DR Grayscale continues to dominate the Bitcoin ETF market in the U.S., generating about $268 million annually with its Grayscale Bitcoin Trust (GBTC). The success...
Tag : bitcoin
New Hampshire Bitcoin Strategic Reserve Bill Moves Forward
TL;DR Innovative Investment Strategy: New Hampshire’s Senate Finance Committee passes HB302, allowing up to 5% of state funds to be invested in Bitcoin and precious...
Metaplanet Reaches 5,000 BTC as Corporate Bitcoin Race Intensifies
TL;DR Japanese investment firm Metaplanet has made a significant move by reaching 5,000 BTC in its reserves, marking 50% of its goal to accumulate 10,000...
Mike McGlone Warns of a Recession and Crypto Market Crash
TL;DR Mike McGlone, from Bloomberg Intelligence, warns that the recovery of Bitcoin and Dogecoin could be only temporary, anticipating a possible drop. McGlone points out...
Bitcoin Open Interest Surges to a Two-Month High
TL;DR Strong Momentum: Bitcoin’s open interest surged nearly 40% in under three weeks, reaching $33.84 billion—a two-month high. Price Rally Parallels: The increase in derivatives...
Digital Dominance: Bitcoin Briefly Ousts Google as the World’s 5th Asset
TL;DR Bitcoin’s Brief Triumph: Bitcoin surpassed Alphabet’s market cap, momentarily ranking as the world’s 5th most valuable asset at approximately $1.87 trillion. Institutional & Economic...
Bitcoin Could Drop to $76K Before Surging Again
TL;DR Bitcoin is once again at the center of attention. While the leading cryptocurrency holds steady above $88,500, excitement within the crypto ecosystem continues to...
Arthur Hayes Warns That the End of Five-Digit Bitcoin Is Near
TL;DR Arthur Hayes warns this could be the last chance to buy Bitcoin below $100,000, driven by liquidity from Treasury buybacks. The weakening of the...
More Than 13,000 Institutions Now Exposed to Bitcoin
TL;DR Institutional adoption of Bitcoin has entered a new and defining phase. Strategy, the firm led by visionary Michael Saylor, recently announced the acquisition of...
Metaplanet Surpasses $400M in Bitcoin Holdings with Latest Acquisition
TL;DR Metaplanet’s Bitcoin accumulation strategy shows no signs of slowing down. On April 21st, the Japanese investment firm announced a new acquisition of 330 BTC,...