Bitcoin News

Metaplanet, has revealed that it successfully completed a substantial $1.4 billion fundraise via an international share offering, with intentions to acquire Bitcoin using the proceeds. The announcement arrives amid Bitcoin’s ongoing trading above $116,000, underscoring the increasing institutional interest in Bitcoin treasury operations. The Japanese Bitcoin treasury company has unveiled several strategic initiatives today, which … Read more

Authorities in Devon have confiscated £1.3 million in cryptocurrency from an individual who has been sentenced to prison for engaging in online drug sales. On Friday, Ryan Coleman, a 36-year-old resident of Torquay, was sentenced to 15 years in prison at Exeter Crown Court after admitting to the supply of cocaine, ecstasy, cannabis, and ketamine. … Read more

The cryptocurrency realm is abuzz following reports of a major transaction: a long-time Bitcoin holder has executed a massive sale. This action, encompassing millions of dollars, inevitably ignites interest and conjecture throughout the market. The implications of such a significant sale for Bitcoin’s future are noteworthy, raising questions about its potential effects on other investors … Read more

Bitcoin charts highlights a bullish recovery from a low near $107,270, marked by higher highs and higher lows that have driven the price into a resistance zone between $116,000 and $116,500, while volume starts to decrease — a situation that could suggest a possible pause or reversal on the horizon. The current strategy indicates monitoring … Read more

One of the prevailing themes this cycle has been that “this time is different.” As institutional adoption continues to reshape the supply and demand dynamics of Bitcoin, there is a growing consensus that the euphoric blowoff tops characteristic of previous cycles may not be in the cards this time around. The concept here is that … Read more

As summer transitions to fall in the northern hemisphere, the stonkcoiner vision of bitcoinizing finance is swiftly morphing into a nightmare. The bitcoin paper era of issuing shares to oblivious financial markets at overvaluations to acquire bitcoin at a bargain is concluding, not with a triumphant bang but rather with a rather lackluster whimper. For … Read more

The emergence of BTC’s inverse head-and-shoulders pattern indicates a robust upward trajectory. In a notable development, the cryptocurrency market is exhibiting signs of caution, as evidenced by the 25-delta risk reversals on bitcoin and ether options trading in negative territory. This trend indicates a prevailing bias towards downside protection in anticipation of upcoming U.S. inflation … Read more

On Wednesday morning, economists are surprised with the announcement of a 0.1% decline in the August Producer Price Index, a key indicator of U.S. wholesale inflation. Analysts had forecasted a 0.3% rise following July’s PPI surge of 0.7%, even with a downward adjustment in the figures. Bitcoin surged to $114K following the announcement, after several … Read more

The price of Bitcoin is settling between $108,000 and $112,000 during this consolidation phase. The current price range is upheld as buyers protect essential support levels, addressing the void created by the swift surge in July. Although a more significant market correction could occur, the present trend indicates a phase of consolidation based on time. … Read more

The most recent study indicates that Bitcoin has lately stabilized around the short-term holding cost base, the market’s stability is still precarious. Even with a few encouraging indicators, the overall cautious mood remains prevalent in the market environment. In the last week, Bitcoin’s trading price has fluctuated near the $111k level, exceeding the cost basis … Read more