Trump’s Truth Social has filed for a Crypto Blue Chip ETF with the SEC, aiming to track BTC, ETH, SOL, CRO, and XRP. The ETF is to be listed on NYSE Arca.
Bitcoin News
Bitcoin Price Near $108,000, But Mayer Multiple Shows More Upside Potential
Bitcoin remains significantly undervalued despite prices hovering around all-time highs, a new on-chain analysis argues, and suggests that the current bull cycle still has a life ahead of it. Analysts point to a popular method of valuing Bitcoin by the Mayer Multiple as a key indicator that the ultimate high of the current cycle has […]
Bitcoin Hyper Presale Smashes $2 Million as BTC Layer 2 Launch Nears
Bitcoin Hyper (HYPER), a utility meme coin that’s still in its presale phase, just surpassed $2 million raised as investor interest in its upcoming Bitcoin Layer 2 surges. The project aims to transform Bitcoin’s (BTC) Layer 1 by bringing Solana-like speeds to its users, which could introduce new use cases for the leading cryptocurrency. The […]
Bitcoin Eyes $150,000 as Long-Term Holders Dominate Supply: Report
Bitcoin is facing a critical point where HODLers now hold over 80% of the total supply. This concentration of supply has been surpassed just twice over the 15-year history of Bitcoin, and each time has led to parabolic price action. The market will be paying attention, with a majority expecting another significant step to be […]
Bitcoin ETFs Fuel $1.04B Weekly Inflows, Crypto AuM Soars to $188B
Investment funds into digital assets saw an inflow worth $1.04 billion last week, which has already constituted a 12-week positive streak. The overall year-to-date inflows amounted to 18 billion, driven by increasing institutional attention. In the meantime, the number of assets under management (AUM) increased to a historical high of 188 billion. The trading volumes […]
Bitcoin ETF Inflows Drop 65% as Market Pulls Back From $110K Peak
U.S. spot Bitcoin ETFs recorded a sharp drop in weekly inflows, signaling reduced investor activity amid changing market conditions. Total net inflows fell to $769.6 million, a steep decline from $2.22 billion in the previous week. The slowdown followed a week of economic data surprises and policy developments affecting investor sentiment. IBIT Leads as Bitcoin […]
Bitcoin’s Road to $110,630: 365-Day MVRV Signals Bullish Momentum
The momentum in the Bitcoin market is on the positive side, leading to the bounce off that MVRV (Market value to realized value) ratio has experienced the 365-day simple moving average. This move was emphasized by CryptoQuant, one of the most popular blockchain analysis platforms. The rebound of the MVR above this important level has […]
Bitcoin Unrealized Profit Grows to $1.2 Trillion as Holders Show Unshakable Confidence
Originally, many people who purchased Bitcoin (BTC) did so for short-term returns from their investments and the sake of trading. But now, the narrative has shifted as more people are now buying cryptocurrencies in order to hold them as a store of wealth. Bitcoin, as the number one cryptocurrency, has led this new movement as […]
Metaplanet Buys $238 Million in Bitcoin, Targets 210,000 BTC by 2027
Metaplanet, a Japanese investment firm, has been in the headlines again after the news about making a massive acquisition in Bitcoin. This cements it as one of the largest publicly traded corporate holders of the most expensive cryptocurrency. In its corporate filing released on Monday, the company confirmed it had purchased another 2,205 BTC at […]
Elon Musk Unveils Revolutionary New America Party Backing Bitcoin Over Fiat
Key Takeaways: Elon Musk, the world’s most talked-about innovator, has taken a bold political step, declaring the launch of a new political faction: the America Party. Conceptualized as an alternative to the old Democratic and Republican machines, this act comes at a time when political polarization has increased and economic distrust has grown. Musk has […]