Bitcoin, Ether Rally Higher As US Monetary Plan Excites Bulls
Bitcoin and Ether rallied as expansionist US monetary policy and a cool-down in the Iran war tensions buoyed investor confidence.
Bitcoin and Ether rallied as expansionist US monetary policy and a cool-down in the Iran war tensions buoyed investor confidence.
Bitcoin approaches monthly highs as market positioning data and open interest rise together. Is a rally to $88,000 on the cards?
The American Bitcoin mining company has energized 11,298 Bitcoin mining machines at one of its facilities amid the bear market and declining asset prices.
Stratiphy has relaunched crypto ETN access for UK investors through an ISA structure, reversing earlier restrictions that left no compliant route to tax-free crypto exposure.
US Navy Admiral Samuel Paparo said Bitcoin is a tool for “power projection,” arguing that the US can use it as a tool to strengthen cybersecurity.
Bitcoin mid-size wallet inflows to Binance fell to 2023 lows while Coinbase activity rose. Exchange data shows a split in sell-side pressure.
Bitcoin traders battle to hold $76,000 as Coinbase spot volumes rise above $517 million and technical data shows BTC establishing a new trend.
A falling VIX signals improving risk appetite, boosting Bitcoin’s chances of attracting fresh demand and breaking above the $80,000 level.
STRC’s slide below its $100 par value may force Strategy to pause Bitcoin buying this week, increasing the risk of a BTC drop below $70,000.
Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and 19, increasing holdings to 815,061 BTC with most funding from STRC stock sales.
Crypto investment products recorded $1.4 billion in inflows last week, with Bitcoin leading at $1.12 billion and Ether at $328 million, raising total AUM to $154.8 billion.
Michael Saylor has hinted that Strategy is on the cusp of announcing another Bitcoin purchase, days after a measure to pay semi-monthly dividends was floated to shareholders.
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