The SEC has approved 3x ETPs tied to Bitcoin, Ethereum, gold, silver, crude oil and natural gas. See the covered assets and what the approval means.
The International Monetary Fund approved a $139 million disbursement to El Salvador but still wants it to scale back its Bitcoin project.
Absa has become Africa's first bank to offer Bitcoin custody, with BTC making up the largest share of assets held through its institutional service. Bloomberg reported on Oct.
Strategy has transferred 3,568 Bitcoin (BTC) worth roughly $297 million, just hours after the company added another 1,666 BTC to its massive holdings.
The transfer was valued at $51.15 million. Bitcoin later traded at $84,490, below its late-Monday high of $87,341.
Galaxy Digital CEO Mike Novogratz believes Bitcoin could finish 2026 near the psychologically important $100,000 level.
Bitcoin has entered the final quarter of the year and has been the topic of conversation amongst leading market players.
Bitcoin's rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins. On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.
Bitcoin price has retreated toward $84,000 after reaching $87,220, while Bitfinex analysts have identified sustained buying above $86,500 as a condition for further gains. Bitfinex's Analyst Team, in comments provided directly to crypto.news, said renewed U.S.
The company plans to hold U.S. Treasuries and other interest-bearing assets between Bitcoin positions as it seeks to outperform a buy-and-hold strategy.
Most bitcoin treasury companies follow the buy-and-try-to-hold model pioneered by Strategy, the publicly traded giant with nearly $72 billion worth of BTC. But a new entrant to the space says it already plans to sell acquired assets in an effort to beat bitcoin's price moves.
Why is bitcoin down so much today despite the positive macro news in the US?