The development came after GameStop’s board unanimously approved an update to add BTC to its investment policy. 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...
Is Bitcoin Repeating History? A Look at On-Chain Data Trends
Historical on-chain data signals that BTC may be repeating history, so there is still more room for growth in this bull cycle. 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...
BlackRock Expands Crypto Presence in Europe with Launch of Bitcoin ETP
BlackRock’s expansion into Europe comes with a temporary fee waiver to position the Bitcoin ETP as one of the cheapest options. 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...
Bitcoin’s MVRV Ratio Falls to Yearly Lows – Is This the Ultimate Buy Signal?
Despite the weakened sentiment, Bitcoin's MVRV ratio hints at a potential recovery after significant investor position reductions. According to CryptoQuant, the cryptocurrency market is currently in an oversold state following a strong correction. Bitcoin holdings for less than one month saw a notable surge in March and December 2024, reaching...
Bitcoin (BTC) Dumped to a 4-Month Low, Liquidations Soar to Almost $1 Billion
BTC crashed to as low as $76,700. The bullish narrative of this cycle has been put to a serious test lately as the cryptocurrency sector continues to sink. Its total market capitalization plummeted below $2.7 trillion, while Bitcoin (BTC), Ethereum (ETH), and many other leading digital assets tanked to multi-month...
Bitcoin Price Analysis: How Low Will BTC Drop This Week Following Loss of $80K
Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers’ last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K. Technical Analysis By Shayan The Daily Chart Bitcoin was rejected at the $92K...
Why Arthur Hayes Is Bullish on Bitcoin Under Trump’s Economic Strategy
Arthur Hayes believes Trump's America First debt policies will force the Fed to print more money, which will eventually make Bitcoin an attractive investment. The crypto market suffered a dramatic crash after what seemed like a short-lived recovery following US President Donald Trump’s strategic crypto reserve announcement. While Bitcoin is...
Bitcoin Price Analysis: This Key Level Holds the Fate of BTC’s Bull Run
Bitcoin’s price has been experiencing a massive drop over the past few weeks, and while it initiated a brief recovery recently, the correction is not over yet. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been dropping over the last couple of...
Metaplanet Acquires 156 BTC, Bringing Total Holdings to 2,391
CEO Simon Gerovich confirmed the latest bitcoin buy at an average of $85,890 per BTC , as it aims for 10,000 by 2025 and 21,000 by 2026. Metaplanet has acquired an additional 156 Bitcoin (BTC) for approximately $13.4 million. The Japanese investment firm is also exploring a potential listing outside...
Bitcoin Price Analysis: BTC Loses Key Support – How Low Could It Go?
Bitcoin has dipped below the 100-day moving average at $98K, approaching the key $95K support level. However, low trading activity suggests a lack of strong momentum, making further short-term consolidation likely. Technical Analysis By Shayan The Daily Chart Bitcoin has recently dipped below the critical 100-day moving average at $98K,...