Bitcoin

Bitcoin to Hit New All-Time High Around $120K in Q2: Standard Chartered

Strategic allocation away from U.S. assets by investors could see bitcoin hit a new all-time high in the second quarter of the year, Standard Chartered’s Geoff Kendrick said in a report Monday. Kendrick sees the world’s largest cryptocurrency as …

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Bitcoin Turns Positive Year-to-Date as It Veers Toward Digital Gold Narrative

Bitcoin (BTC) returned to positive territory for the year for the first time in almost two months, approaching $95,000 and erasing a drop of as much as 18%. Its current performance, up less 1.5% since Dec. 31, places it between gold, which has gained …

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Chart of the Week: Tariff Carnage Starting to Fulfill Bitcoin’s ‘Store of Value’ Promise

April has been a month of extreme volatility and tumultuous times for traders. From conflicting headlines about President Donald Trump’s tariffs against other nations to total confusion about which assets to seek shelter in, it has been one for the …

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Bitcoin Poised for Strongest Weekly Gain Since Trump Win as ETFs Gobble $2.7B Inflows

Bitcoin (BTC) continued its spring rally on Friday and is on track for its strongest weekly showing since Trump’s election victory. The largest and oldest cryptocurrency held around $95,000 during U.S. afternoon hours, up 1.8% over the past 24 hours …

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BlackRock’s Bitcoin ETF Will Be the World’s Biggest ETF in a Decade, Michael Saylor Says

U.S. spot bitcoin (BTC) ETFs have recorded approximately $2.8 billion in net inflows over the past five trading days, contributing to driving the price of bitcoin higher from around $85,000 to $94,000. The iShares Bitcoin Trust (IBIT) has accounted …

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Stacks’ STX Is Week’s Best Performer as Bitgo Link Seen Boosting Institutional Use

STX, the native token of Bitcoin layer-2 protocol Stacks, has surged 56% in seven days to become the week’s best-performing of the 100 biggest cryptocurrencies amid hopes for institutional adoption. The token hit a two-month high of 92 cents on …

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Senator and Ex-Bridgewater CEO McCormick Invests More in Bitcoin as Bill in Works

U.S. Senator Dave McCormick, the former chief executive of massive hedge fund Bridgewater Associates, is putting his own cash into bitcoin (BTC) as the committee he’s on is at the tip of the spear for a legislative effort to regulate the digital …

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SoftBank Is Buying Bitcoin Again, After $130M Loss in 2018. Is This Time Different?

Japanese investment giant SoftBank is dipping its toes back into crypto by backing a new bitcoin (BTC) investment vehicle, Twenty One Capital, in conjunction with Tether, Bitfinex, and Cantor Fitzgerald. For some, the SoftBank Group—which has $308.7 …

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Cantor Equity Shares Surge 55%, Jump Another 15% Pre-Market on Bitcoin SPAC Deal Buzz

Shares of Cantor Equity Partners (CEP) surged 55% on Tuesday and are up an additional 15% in pre-market trading, trading below $19. The skyward movement was driven by investor optimism around its proposed merger with Twenty One Capital a bitcoin …

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Long-Term Bitcoin Holders Show Commitment, Buy More BTC Than Short-Term Holders Sell

For every 1 bitcoin (BTC) sold by short-term holders, long-term holders (LTHs) have accumulated 1.38 BTC in a clear sign of their commitment as the largest cryptocurrency continues to recover. Since bottoming out in January, LTHs have amassed 635,340 …

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