Search Results for: Bitcoin

According to MicroStrategy’s Michael Saylor, “If the US adopts Bitcoin as a strategic reserve, Japan and other countries in Asia will follow”.

While BlackRock is seeing massive withdrawals, other Bitcoin ETFs have reported inflows, showing a split in investor sentiment. 

Bitcoin’s latest milestone has reignited interest in the cryptocurrency market, with both institutional and retail investors closely monitoring its performance.

Launched in January, IBIT has grown remarkably fast. It now holds nearly half of all Bitcoin ETF assets, making it the largest in the sector. 

A Russian lawmaker has proposed creating a national Bitcoin reserve to strengthen the country’s financial stability. The proposal highlights Bitcoin’s resilience against sanctions, inflation, and traditional financial risks.

With $585 billion in total assets—including $88 billion in cash and bonds—they argue that allocating a small portion to Bitcoin could be a strategic move. 

Bitcoin has hit a new all-time high of $104,000, surpassing the $100,000 milestone, as strong demand and market momentum push its market cap to $2 trillion.

While Bitcoin remains a key focus, altcoins are carving out their own space in the recovery, signalling a more diverse market ahead.

Bitwise’s proposed ETF aims to simplify crypto investing by allowing people to gain exposure to both Bitcoin ($BTC) and Ethereum ($ETH) without owning the assets directly. 

Analysts suggest that Bitcoin is technically overbought and the correction helps stabilise the market.