Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve, chief executive officer Siguang Peng said in a press release, adding that Ethereum has “emerged as the foundation of on-chain USD settlement and value transfer.” “By […]
Elon Musk’s ‘America Party’, a pro-tech centrist party the Tesla and SpaceX founder plans to form after his split from President Donald Trump, would embrace bitcoin Musk said on X. @elonmusk, will America Party embrace Bitcoin? — Renato Lima 🇧🇷🇺🇸 (@RenatoLima_X) July 7, 2025 Musk has been a long supporter of cryptocurrencies, with SpaceX and […]
As Asia opens the Wednesday trading day, bitcoin is changing hands above $105.5K, a slight correction from $107K, where it sat during the U.S. business day. Despite the geopolitical upheaval of the last few weeks – with the U.S. strike on Iran, an event that surprised both geopolitical scholars and Polymarket bettors – BTC has […]
Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin for C$43 million ($31.6 million), launching an accumulation strategy aimed at building a robust digital asset treasury. The Toronto-based company said it viewed bitcoin as both a long-term reserve asset and a crucial part of its revenue model, […]
Metaplanet Inc (3350) and the Blockchain Group (ALTBG) both executed substantial equity capital raises as part of their initiatives to focus on bitcoin accumulation for treasury purposes. Metaplanet announced the exercise of its 20th series of stock acquisition rights under the recently announced 555 Million Plan, raising 74.9 billion yen, ($515 million) in a single […]
Multiple analysts have repeatedly pointed to $120,000 as bitcoin’s price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend, and technical setup. Let’s take a look at those in detail. BTC’s love affair with $100K Recently, a crypto trader said […]
Savvy bitcoin and ether traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer. That’s the message from an options-based strategy called 25-delta risk reversal, which involves the simultaneous purchase of a put option and sale of a call, or vice versa. At the time of […]
Crypto markets pushed higher on Monday as traders have shifted focus from geopolitical anxieties to crypto-related institutional developments ahead of the upcoming Federal Open Market Committee’s meeting. Bitcoin has risen 3.1% in the last 24 hours and is now trading for $108,600, only a couple of thousand dollars below its all-time record. It certainly wasn’t […]
Wednesday’s softer-than-expected U.S. inflation has likely set the stage for accelerated gains in bitcoin , potentially to $200,000 by the end of the year, according to Matt Mena, crypto research strategist at 21Shares. “If BTC breaks out of the $105K-$110K range with conviction, we could see a sharp move to $120K and, more importantly, reach our […]
Bitcoin held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week. On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is trading above $101.5K as Asia begins its trading day, […]
Bitcoin (BTC) News: SMLR Adds to Stack
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Semler Scientific (SMLR) continues its bitcoin acquisition strategy, purchasing 185 BTC for $20 million, or an average purchase price of $107,974 each, in the ten days ended June 3. This latest investment brings the company’s total holdings to 4,449 BTC, valued at approximately $467 million based on bitcoin’s current price just above $105,000. The company’s […]