BitGo's strategic Bitcoin accumulation underscores its commitment to crypto as a core asset, potentially influencing corporate treasury norms. BitGo Holdings adds 74 Bitcoin in Q2, pushing corporate treasury to 2,523 BTC.
Metaplanet's CEO denies selling Bitcoin after a $322M transfer. Full breakdown of BTC price levels, the custody operation, and what traders should watch next.
Bitcoin price slipped toward $63,300 on Aug. 13 as an in-line U.S. inflation report failed to generate enough demand for a break above the $64,500–$65,000 resistance zone. Bitcoin price action today The U.S.
The two largest publicly listed bitcoin BTC$63,343.28 treasury firms alone are sitting on paper losses big enough to rival the market value of major cryptocurrencies with strong use cases.
BTC struggles below $65K as bearish liquidity builds near $62,200, with weakening momentum raising the risk of a drop toward $60,500-$61K.
Crypto markets remain in a low volatility holding pattern, trading in a tight range following Wednesday's CPI report.
Brazil's largest Bitcoin treasury firm is taking a new route to bring Bitcoin related income to local investors. OranjeBTC is preparing the DIGY11 ETF, which plans to put 95% of its portfolio into Strategy's STRC preferred shares. Meanwhile this will turn a U.S. Bitcoin treasury strategy into a Brazilian real denominated income product.
Hedge fund manager Ray Dalio has allocated 1% of his portfolio to Bitcoin. Given its inherent scarcity, Bitcoin could become a long-term store of value, similar to gold.
Metaplanet (TYO: 3350) has issued the first bonds under its new BitBonds program, moving on barely one day after rumors broke that the firm might be the latest BTC treasury gearing up for a sale from its reserve.
Metaplanet's CEO denies selling Bitcoin after a 5,014 BTC wallet transfer, confirming the firm still holds its full 43,000 BTC treasury.
Spot demand has been negative and could derail BTC's recovery in the short term.
Bitcoin rebounds after reports the UAE released billions in frozen Iranian assets, sending oil prices lower and crypto markets higher.