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...
Bullish Fundamentals, Bearish Reality: Crypto ‘Clown Market’ Baffles Experts
Crypto market experts are beginning to question why assets continue to sell off when there have been so many bullish catalysts. Crypto markets are down again today, with total capitalization falling back to $2.8 trillion, which is exactly where it was in March 2024, long before the most pro-crypto administration...
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...
Is Bitcoin Immune to Stock Market Volatility? Expert Weighs In
CrediBULL Crypto dismisses fears of Bitcoin’s stock market correlation, advising investors to focus on technical levels for long-term gains. Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTC’s correlation with traditional stocks is overstated, and maintains...
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...
Why the Bitcoin Market Is Stuck—and the Key Metric That Could Change It: CryptoQuant CEO
Ju insists that the recovery of the Bitcoin market is heavily tied to United States investors' sentiment. Following bitcoin’s euphoric rally on Sunday, the leading crypto asset has returned to levels below the $84,000 range, recording a 10% decline in the last 24 hours. Market experts have attributed this decline...