Bitmine Immersion (BMNR) has initiated a $1 billion stock repurchase program as the dominant Ethereum-holding US crypto reserve company. The strategic move aims to strengthen BMNR’s market position and enhance liquidity while signaling robust confidence in its long-term growth trajectory.… Read More »Bitmine Immersion Announces $1 Billion Stock Buyback to Reinforce Ethereum Reserve Leadership
Galaxy Digital executed one of Bitcoin’s largest recorded transactions, facilitating the $9.4 billion sale of over 80,000 BTC on behalf of an early-era investor. The coins originated from Satoshi-era holdings and were liquidated as part of the client’s estate planning… Read More »Historic $9.4 Billion Bitcoin Sale Absorbed Smoothly as Market Defies Volatility
Significant capital flowed out of U.S. spot Bitcoin exchange-traded funds (ETFs) as institutional investors engaged in profit-taking, halting a sustained period of positive investment. The $131.35 million net outflow marked the end of a 13-day streak of consistent inflows into… Read More »Major US Bitcoin ETFs See $131 Million Outflow, Ending 13-Day Inflow Streak
Prominent analyst Jeremie Davinci projects Bitcoin will establish a permanent $100,000 price support level, citing accelerated institutional adoption and the maturation of cryptocurrency markets. This outlook follows Bitcoin’s recent surge beyond $123,000, setting a historic all-time high fueled by substantial… Read More »Bitcoin Forecast to Maintain $100,000 Floor as Institutional Demand Solidifies Market Maturity
Bitcoin has surged to an unprecedented $119,000 without triggering the historically reliable Pi Cycle Top indicator, suggesting further upside potential amid broader market maturation. This price milestone represents a 151-fold increase from Bitcoin’s 2018 level of $785, driven by deeper… Read More »Bitcoin Reaches Historic $119,000 High Without Pi Cycle Top Signal, Signaling Market Maturity
Bitcoin has exhibited remarkably low volatility throughout 2023, reaching a threshold that stands in stark contrast to its typical price behavior as an asset class. This level of subdued price movement is historically significant, having occurred on only seven previous… Read More »Bitcoin Volatility Hits Historic Low, Signaling Market Maturation
Financial services firm Matrixport has released analysis suggesting Bitcoin could surge to $140,000 by late summer, primarily driven by global liquidity trends. The report highlights an observed correlation between shifts in worldwide liquidity and Bitcoin’s price movements over the past… Read More »Matrixport Analysis Projects Bitcoin Could Reach $140,000 by Late Summer
Bitcoin has demonstrated significant resilience during periods of geopolitical conflict, showcasing characteristics akin to traditional safe-haven assets like gold. Its ability to maintain stability and even rally amid uncertainty underscores its growing appeal as a hedge against traditional market volatility… Read More »Bitcoin Emerges as Resilient Safe-Haven Asset Amid Geopolitical Tensions, Market Matures
Recent data confirms institutional investors now control nearly 31% of Bitcoin’s total supply, reflecting heightened market influence and accelerating mainstream adoption of Bitcoin as a core strategic asset. This accumulation signifies a pivotal shift in digital asset ownership patterns and… Read More »Institutional Investors Command Nearly 31% of Bitcoin Supply Amid Mainstream Shift
A significant portion of Bitcoin’s circulating supply is now held by centralized entities, including governments, exchange-traded funds (ETFs), and publicly listed companies. These entities collectively control approximately 30.9% of the total Bitcoin in circulation. This translates to holdings of roughly… Read More »Centralized Entities Control Nearly One-Third of Bitcoin Circulating Supply