Bitwise Predicts a Crypto Market Rally in the Last Quarter
TL;DR Matt Hougan of Bitwise predicts a crypto rally for the last quarter of 2024 as macroeconomic uncertainty clears. September has historically been unfavorable for...
Tag : bitcoin
Metaplanet Strengthens Its Strategy with an Additional Purchase of 38.464 Bitcoins
TL;DR Metaplanet purchased an additional 38,464 bitcoins for a total of 300 million yen. The company now owns 398,832 bitcoins, acquired for 3.75 billion yen...
Bitcoin ETFs See $28.6 Million Inflows After Eight-Day Outflow Streak
TL;DR US Bitcoin ETFs saw net inflows of $28.6 million on September 9, 2024, following an eight-day streak of outflows. BlackRock continues to lead the...
Why Choose MicroStrategy (MSTR) Over Bitcoin ETFs?
TL;DR Michael Saylor, co-founder of MicroStrategy, reaffirms the company’s commitment to Bitcoin (BTC) and reveals that it has accumulated $8.3 billion in BTC since August...
TEPCO Utilizes Surplus Renewable Energy to Mine Bitcoin in Japan
TL;DR TEPCO, through its subsidiary Agile Energy X, is mining Bitcoin using surplus renewable energy. The initiative seeks to prevent the waste of green energy...
Bitcoin Volatility Surges Ahead of US Jobs Report
TL;DR Bitcoin Volatility: Bitcoin has experienced significant volatility ahead of the US jobs report for August, which is expected to influence the Federal Reserve’s interest...
Riot Platforms Surpasses 10,000 BTC in Reserves While Optimizing Production and Energy Costs
TL;DR Riot Platforms produced 322 Bitcoin in August 2024, down 13% from July. The company now holds more than 10,000 Bitcoin, an increase of 37%...
Morgan Stanley Boosts Bitcoin Exposure with Major Investments in BlackRock ETF and MicroStrategy
TL;DR Morgan Stanley allocated 2.1% of its Institutional Fund to BlackRock’s Bitcoin ETF, IBIT. The fund also holds a 4% stake in MicroStrategy, one of...
Bear Market Ahead? Uncertainty Among Investors
TL;DR Bitcoin (BTC) and Ethereum (ETH) are experiencing a significant drop, causing uncertainty and speculation about a possible “bear market.” Bearish market mentions are increasing,...
Bitcoin’s Market Dominance Soars to 60%: What It Means for Altcoins
TL;DR Bitcoin’s Market Dominance: Bitcoin’s market share has surged to nearly 60%, driven by increased interest from major financial institutions and its resilience post-2022 bear...