BTC
Strategy’s Michael Saylor Signals Impending BTC Buy For Treasury
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August. The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC, valued at over $72 billion at […]
Crypto Funds Bleed With Nearly $1B Outflows in BTC and ETH
Cryptocurrency investment products expanded their losses on Tuesday, with Bitcoin fund outflows surging more than 300% and Ether losses doubling, both ranking as the second-largest outflows this month. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $523 million in outflows on Tuesday, rising more than fourfold from Monday, according to Farside Investors data. Ether (ETH) ETFs […]
Bitcoin Institutional Demand Points to Higher BTC Prices Next
Key points: Coinbase’s institutional Bitcoin trading volume hits 75% — something which has always seen BTC price rises a week later. Institutions are buying a lot more Bitcoin than is being mined daily. Risk assets are finding reasons to be bullish again as the US economic policy outlook improves. Bitcoin (BTC) is due for fresh […]
BTC Eyes $120K Reclaim On CPI Print And Fed Rate Cut Odds
Key takeaways: July US CPI held steady at 2.7% year-over-year, boosting Fed rate cut bets to 93.9% for September. Key price support lies between $117,650 to $115,650, with a deeper drop potentially testing a CME gap at $95,000. Bitcoin (BTC) price could continue to rally after the release of the July US Consumer Price Index […]