Bitcoin price has bounced back above the $110,000 mark after dipping to last week’s low of $103,660. Some analysts now believe the bottom might be in, with a fresh leg higher potentially in play. According to data from crypto.news, Bitcoin btc-3.02%Bitcoin is up 3.1% over the past 24 hours, reclaiming the $110k level after flipping $107k into support....
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...
PETALING JAYA: Star Media Group Berhad, which publishes The Star print products and online portal, refers to a scam site misusing The Star's brand identity. It has come to the group’s attention that a fraudulent site is impersonating The Star with a knock-off article. A fake article headlined “SPECIAL REPORT: Tony Fernandes launches the new platform Drablehub....
