BlackRock’s Bitcoin holdings climb to $27.73 billion as Ethereum ETF outflows reach $7 million
Oct 28, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways BlackRock’s Bitcoin holdings have reached 403,725 BTC, valued at approximately $27.73 billion. Ethereum ETFs recorded a net outflow of 2,917 ETH over the past seven days, indicating a decline in market interest. Share this article BlackRock, the world’s largest asset manager, recorded a significant increase in its Bitcoin ETF holdings, reaching 403,725 BTC, […]
Robinhood debuts presidential election betting, stock climbs 4%
Oct 28, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Robinhood’s stock increased by 4% following the announcement of its election trading feature. The political prediction market’s volume surged 565% in Q3. Share this article Robinhood Markets (HOOD) saw its stock price increase by almost 4% to $28 after the US market opened on Monday, according to Yahoo Finance data. The rise followed […]
Circle CEO stands firm on IPO plans, says no extra funding needed
Oct 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Circle’s IPO continues as planned without additional funding needs. Tether, Circle’s competing stablecoin issuer, faces allegations of facilitating illegal activities. Share this article Circle is financially strong and well on track to pursue a public listing without needing to raise additional funds, said Circle CEO Jeremy Allaire in a recent interview with Bloomberg. […]
Russia enacts control measure on Bitcoin mining operations
Oct 27, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The new Russian law allows the government to ban digital currency mining in specific areas. Federal agencies now have access to digital currency identifier addresses. Share this article The Russian government has enacted a new law regulating digital currency turnover, aiming to control Bitcoin and crypto mining activities, Russian news agency TASS reported […]
Bitcoin set for ‘huge move’ as Bollinger Bands hit tightest levels
Oct 26, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin’s Bollinger Bands are at historic tight levels, indicating a likely major market move. Past tight Bollinger Band periods have preceded significant bull runs. Share this article Bitcoin is poised for a major price movement as its Bollinger Bands are showing one of the tightest formations in history. When the bands are at […]
Japan’s financial group pushes for Bitcoin and Ether for crypto ETFs
Oct 25, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Japanese financial institutions propose crypto ETFs focusing on Bitcoin and Ether. Proposals include reevaluating tax policies on crypto income. Share this article A coalition of Japanese companies has proposed that discussions regarding the establishment of crypto ETFs should focus on major tokens such as Bitcoin and Ether. This initiative comes as Japan considers whether […]
MicroStrategy stock reaches 25-year high at $245 ahead of Q3 earnings report
Oct 25, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MicroStrategy’s stock reached a 25-year high of $245 ahead of its Q3 earnings report. The MSTR/BTC Ratio hits a record high, reflecting strong performance relative to Bitcoin. Share this article MicroStrategy (MSTR) stock surged after the US markets opened Friday, rising from around $235 to $245, its highest level over the past 25 […]
Bitcoin whales scoop up BTC like never before as market eyes new highs
Oct 25, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin whales have reached a record accumulation of 670,000 BTC. Historical trends show whale buying often precedes major market rallies. Share this article Bitcoin whales have reached a historic milestone by accumulating 670,000 BTC, the highest level of whale holdings on record, according to a post by crypto analysis firm CryptoQuant. Although Bitcoin recently […]
Michael Saylor says Microsoft can make “next trillion dollars” by investing in Bitcoin
Oct 25, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Microsoft shareholders to vote on Bitcoin proposal as Michael Saylor pitches trillion-dollar opportunity. Microsoft board pushes back on Bitcoin investment proposal, urging shareholders to vote against it Share this article Michael Saylor, CEO of MicroStrategy, earlier today directed a post on X to Microsoft CEO Satya Nadella, suggesting that if Microsoft wants to […]
Solana meme coin Moo Deng jumps 100% on Binance Futures listing news
Oct 25, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MOODENG’s price increased by 100% following Binance Futures announcement. The token previously reached a market cap of $300 million, inspired by a viral baby hippo. Share this article The price of Moo Deng (MOODENG) has rallied over 100%, from $0.074 to $0.168, minutes after Binance Futures announced the listing of MOODENGUSDT USD-Margined perpetual […]