Bitcoin Faces Potential Capitulation Before Major Bullish Move
TL;DR Short-Term Dip Expected: Analysts predict Bitcoin may face a significant dip due to tightening on-chain liquidity and declining stablecoin supplies before resuming its bullish...
Tag : bitcoin
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
Bitcoin ETFs Surge with Over $235M Inflows, Fueling Market Optimism
TL;DR Bitcoin ETFs received more than $235 million in a single day in October, led by Fidelity and BlackRock. Bitcoin briefly surpassed $64,000, but then...
Metaplanet Boosts Bitcoin Holdings with a $6.7 Million Purchase
TL;DR Metaplanet has purchased 108,786 BTC worth $6.7 million. This acquisition brings their total bitcoin holdings to 639,503 BTC. The firm has generated an additional...
Bitwise Announces Transformation of Crypto Futures ETFs to Dynamic Rotation Strategies
TL;DR Bitwise Asset Management will transform three of its cryptocurrency futures ETFs starting on December 3. 2024, implementing a dynamic rotation strategy. The new “Trendwise”...
TeraWulf Sells 25% Stake in Bitcoin Mining Facility for $92 Million
TL;DR TeraWulf sells a 25% stake in Nautilus Cryptomine for $92 million, including $85 million in cash and 30,000 Bitcoin miners, achieving a 3.4x return...
Bitcoin Spot ETFs See $54M Outflow, BlackRock’s IBIT Resilient
TL;DR US Bitcoin ETFs saw a net outflow of $54 million in a single day, led by Fidelity and Ark Invest. BlackRock’s IBIT bucked the...
Metaplanet Profits from Bitcoin Put Options Sale
TL;DR Significant Gain: Metaplanet earned 23.97 BTC (approx. $1.4 million) by selling 223 Bitcoin put options at a strike price of $62,000 per BTC, maturing...
Robert Kiyosaki: Bitcoin Will End the Era of Fiat Money
TL;DR Robert Kiyosaki claims that Bitcoin will lead to the collapse of fiat currencies, such as the US dollar. He criticizes the current economic management...
Metaplanet Expands Bitcoin Holdings with $6.9 Million Purchase
TL;DR Metaplanet has acquired an additional 107.91 BTC, bringing the total to over 500 bitcoins. The purchase was financed with a $6.8 million loan from...