Strategy founder Michael Saylor seems to be hinting that the Bitcoin treasury’s next purchase may be coming soon, despite the drop in net asset values. According to a recent post on his official X account, Strategy’s Chairman Michael Saylor appears to be foreshadowing when the next Bitcoin purchase will be. He shared a chart showcasing the...
A crypto whale has opened $255 million in Bitcoin and Ethereum long positions as markets react to signs of easing U.S.-China tensions. On Oct. 20, on-chain analyst Wimar.x reported that an insider with a perfect trading record opened large leveraged longs on both Bitcoin and Ethereum. https://twitter.com/defiwimar/status/1979922292969705622?s=46&t=nznXkss3debX8JIhNzHmzw Another on-chain analyst, Emelu.eth, flagged a major position by wallet 0x89Da, which opened...
Despite a turbulent week that saw record outflows from U.S. Bitcoin ETFs and the recent $19 billion liquidation event, shrinking exchange supply suggests the market may be poised for a rebound. Spot Bitcoin btc-3.02%Bitcoin ETFs in the U.S. saw total outflows of $1.23 billion last week amid continued market turbulence. Friday alone accounted for $366.6 million in outflows,...
The crypto investment landscape in the UK just took a significant step forward as British investors get access to Bitcoin through regulated markets. According to an October 20 CoinDesk report, BlackRock has launched its iShares Bitcoin Exchange-Traded Product on the London Stock Exchange under the ticker IB1T. This product allows retail investors to gain regulated exposure to...
Bitcoin price rose for the third consecutive day as traders remained optimistic about a trade deal between the U.S. and China and potential Federal Reserve interest rate cuts. Bitcoin btc-3.02%Bitcoin climbed to $111,000 for the first time since Oct. 16 and now sits 7.25% above its lowest point this year. It remains in a correction after falling about...
Jiuzi is transforming its billion-dollar treasury from a passive crypto holding into a revenue-generating engine by plugging directly into BitFi’s network of staking and arbitrage strategies. According to a press release dated Oct. 20, Nasdaq-listed Jiuzi Holdings has executed a strategic cooperation agreement with crypto platform BitFi. The deal grants Jiuzi full access to BitFi’s $2.75 billion ecosystem...
UK’s approval of Bitcoin ETPs for retail users is just the first step in institutional adoption, says Sygnum Bank CIO. The UK Financial Conduct Authority approval of Bitcoin ETPs marks growing institutional acceptance of Bitcoin as a legitimate asset class, says Fabian Dori, CIO of the Sygnum Bank. The executive at the first regulated digital asset...
Bitcoin price hovers near $107,000 as legacy wallets quietly sell into institutional demand, keeping prices range-bound despite rising activity. Summary Bitcoin trades sideways, hovering near $107K after a volatile week. Long-term holders continue selling into institutional inflows, limiting upside. Technicals stay neutral-to-bearish with resistance at $115K and support near $107K. At press time, Bitcoin was trading at...
KOTA KINABALU: An international conference on Borneo’s "Green Heart" on Wednesday and Thursday (Oct 22 and 23) will revolve around the theme "Advancing climate resilience, conservation and sustainable livelihoods". Organised by the Sabah Forestry Department, this two-day conference celebrates the Heart of Borneo (HoB), a trilateral initiative that unites Brunei Darussalam, Indonesia and Malaysia in conserving...
KOTA BHARU: The Kelantan police will proceed with the operation to demolish more than 100 illegal jetties along the Malaysia-Thailand border despite receiving various forms of provocation from certain parties in Thailand. Kelantan police chief Datuk Mohd Yusoff Mamat said the large-scale operation is scheduled to begin next Monday and will be carried out in stages...
