Category: Cryptocurrency news

Bitcoin Bulls Target $100K as Strategy’s STRC Enables More BTC Buying This Week

Bitcoin ($BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Michael Saylor’s Strategy may purchase at least 3,127 $BTC this week via the sales of STRC shares. Falling crypto market dominance of $USDT and $USDC stablecoins increases $BTC‘s odds of reaching […]

Metaplanet delays preferred share listing amid challenging Japanese market structure

Metaplanet (3350), Japan’s largest corporate bitcoin holder and the world’s third-largest bitcoin treasury company holding 40,177 BTC on its balance sheet, has confirmed a delay in its planned preferred share listing. CEO Simon Gerovich discussed the complexity of navigating Japan’s underdeveloped preferred equity market as the primary reason for the hold-up. The company’s planned instrument […]

$1,000 invested in Bitcoin when Trump won the election is now worth this much

Between the stance of the Securities and Exchange Commission (SEC) during President Biden’s term and President Donald Trump’s campaign promises, it is not difficult to see why many investors chose to turn bullish on Bitcoin (BTC) and other cryptocurrencies in November 2024. Still, despite the optimism and a significant rally that followed the presidential race, […]

Master Analyst Says “There’s No Reason for Bitcoin to Fall!” and Identifies the Next Target!

The leading cryptocurrency, Bitcoin ($BTC), fell to levels around $79,800 yesterday following the release of better-than-expected US Consumer Price Index (CPI) data. However, buying pressure quickly increased, and it regained the $80,000 level. This indicates that it is maintaining and consolidating its position above $80,000. Although this situation created a brief period of panic, analysts […]

BlackRock dumps over $170m of these two cryptocurrencies in a day

BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin (BTC) and Ethereum (ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 ETH, valued at around $103.15 million, to Coinbase […]

XRP Ledger just hit an all-time high

The XRP Ledger has reached a major milestone, with accumulation among large holders continuing to strengthen despite ongoing market volatility. Specifically, the number of wallets holding at least 10,000 XRP has climbed to an all-time high of 332,230, extending a steady growth trend that has been building since June 2024, according to on-chain data shared […]