Could Bitcoin Rise if the Federal Reserve Lowers Interest Rates This Week?
Federal Reserve System is gearing up for crucial meetings in 2025, with this year marking the first potential interest rate cut. Efforts to lower borrowing costs could significantly affect the stock market. Investors in Bitcoin may start seeking better returns as savings account yields tend to decrease. However, the journey to a Bitcoin surge isn’t […]
Chinese Bitcoin treasury company plans to sell $500M worth of shares for Bitcoin
Next Technology Plans to Sell $500 Million in Stock to Acquire Bitcoin Next Technology Holding, recognized as the largest corporate Bitcoin financing company in China, has announced its intention to sell as much as $500 million in common stock. The funds will be used primarily to purchase more Bitcoin, along with other potential purposes. The […]
“I Urge You to Leave”: Bitcoin Treasury Nakamoto’s Stock Falls 50% Following CEO Letter
Simply put Following the SEC’s endorsement of a $200 million funding deal, shares of MD have dropped more than 54%, now trading at $1.26. CEO David Bailey has advised that short-term investors, who might be concerned about volatility, should consider exiting, especially as healthcare companies begin engaging with Bitcoin. The current market cap sits at […]
Bitcoin Core cuts default minimum relay fees by 90% with new update
Bitcoin Adjusts Default Minimum Relay Fee Bitcoin’s core software has lowered the default minimum relay fee for transactions, marking a significant adjustment in how users transfer funds on the network. With the release of Bitcoin Core 29.1 on September 4th, the default minimum relay rate is now set at 100 Satoshis per 1000 virtual bytes […]
Bitcoin and Solana ETPs drive a $3.3B recovery in crypto inflows
Last week, Crypto Investment Products changed the narrative around recent trends, as Bitcoin, Ether, and Solana Exchange-Traded Products (ETPs) saw a significant surge in investments. Global Crypto ETPs welcomed $3.3 billion, pushing the total assets under management (AUM) to $239 million, nearly reaching the peak levels of August. A month ago, these ETPs hit an […]
Bitcoin and Ethereum Prices Rise ‘Halfway’ as Options Traders Aim for Year-End Gains
Simply put Bitcoin and Ethereum have increased by 6% and 4% this month, which is unusual for September. Options data indicates there are bullish positions outpacing bearish ones, suggesting higher prices by year-end. Anticipations of multiple Federal Reserve rate cuts in 2025 may boost interest in riskier assets. The common September downturn may not be […]
Traditional finance to increase Bitcoin investments by the end of the year, says Wall Street expert.
Institutional Bitcoin Allocation Expected to Rise Wall Street veteran and macro analyst Jordivisser anticipates that US financial institutions will boost their Bitcoin allocations before the end of the year. Visser mentioned in a YouTube interview with Anthony Pipriano that he expects an uptick in Bitcoin investment from traditional finance sectors leading into next year. “From […]
Could Bitcoin hit multi-million dollar values? Bitwise fund predicts a positive long-term outlook.
Key Takeout Bitwise believes Bitcoin could reach $1.3 million in the next decade, driven by institutional interest, its limited supply, and ongoing global economic uncertainty, transforming it from a niche asset into a fundamental component of finance. Crypto asset management firm Bitwise has made a bold prediction that Bitcoin (BTC) could hit $1.3 million in […]
Bitcoin could reach record highs in 2-3 weeks as it closes the $117K futures gap
Key Points The Bitcoin Futures Market is set to cover the CME gap from mid-August, indicating market strength. Bulls need to avoid letting that level become a resistance point, or they might face a new local low, according to analysis. The price of Bitcoin could reach an all-time high in a matter of weeks. Bitcoin […]
High likelihood that the US will create a Strategic Bitcoin Reserve this year, according to Alex Thorn.
Alex Thorn, who leads corporate research at Galaxy Digital, mentioned that there’s a strong possibility the US government will create a strategic Bitcoin reserve by the end of this year. However, opinions among industry leaders vary, and some are less optimistic. “I believe it’s likely the US will announce a strategic Bitcoin Reserve (SBR) this […]