Key takeaways: Bitcoin (BTC) is set to close August in the red, its first down-month since April, stoking fears that the downturn could deepen as September begins. BTC/USD monthly price chart. Source: TradingView September is usually a bad month for Bitcoin Bitcoin has a well-established tendency to slide in September. Since 2013, Bitcoin has closed…
Japanese investment company Metaplanet approved a plan to raise 180.3 billion yen ($1.2 billion) through an overseas share issuance, with almost $835 million set aside for Bitcoin purchases. According to a Wednesday filing, the company plans to issue up to 555 million new shares, which could increase its total outstanding stock from 722 million to…
French semiconductor company Sequans Communications filed for a $200 million at-the-market equity offering on Monday to fuel its Bitcoin treasury strategy — with the longer-term aim to amass 100,000 Bitcoin by 2030. The program will allow the 4G and 5G chipmaker to issue American Depositary Shares — US dollar-denominated equity shares of a foreign company…
Bitcoin (BTC) starts the last week of August far from all-time highs as traders become increasingly nervous. A huge long liquidation event brought $110,000 back into play as a new CME gap becomes a hope for bulls. Bitcoin whales are under scrutiny after a giant rotation from BTC into ETH. Smaller hodlers remain in accumulation…
Despite this week’s market downturn, some analysts predict that the inclusion of digital assets in US 401(k) retirement plans may unlock billions of dollars in new inflows by the fall, potentially driving Bitcoin to record highs. This “bullish” development may push Bitcoin (BTC) above $200,000 before the end of the year, signaling another $122 billion…
Key points: Bitcoin is showing a negative divergence on the charts, signaling a weakening in bullish momentum. Buyers need to maintain Ether above $4,094 to retain the upper hand. Bitcoin (BTC) extended its pullback on Monday, suggesting profit booking by short-term traders. Analyst Captain Faibik said in a post on X that BTC could drop…
Drivers of Bitcoin’s valuation in 2025 Bitcoin has already achieved major highs that very few thought possible. The ink on the current drivers of its all-time high is still wet. One of the major catalysts was the introduction of spot Bitcoin exchange-traded funds (ETFs) in early 2024, such as BlackRock’s iShares Bitcoin Trust ETF. By…
Key points: Bitcoin corporate treasuries added 630 BTC to start the week, continuing a month-long inflow trend. The move contrasts with an ongoing sell-off among the Bitcoin ETFs, which sold nearly $300 million Monday. Not everyone is bearish about “buying the dip” at current levels. Bitcoin (BTC) corporate treasuries added over 600 BTC Monday despite…
Bitcoin’s failure to hold above $120,000 was accompanied by a surge in selling from large holders, marking what analysts call the “third major profit-taking wave of this bull run.” Realized profits on Bitcoin (BTC) spiked to between $6 billion and $8 billion in late July — levels that coincided at or near local tops in…
Key points: Bitcoin stages a late comeback into the weekly close as price approaches important liquidation zones. Traders and analysts emphasize various key price points to reclaim next. Volatility is expected based on large-volume trading behavior, analysis reports. Bitcoin (BTC) surged above $119,000 Sunday as bulls extended a rebound from two-week lows. BTC/USD 1-hour chart….