Vincent Liu, the chief investment officer at Kronos Research, said buying Bitcoin alone isn’t enough to increase a company’s stock price; there needs to be a clear plan.
Macroeconomist Lyn Alden said the US dollar barely “got any flight-to-safety bid” despite recent geopolitical tensions between Iran and Israel.
One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs.
Data shows spot Bitcoin ETF inflows are largely unhedged, pointing to real institutional investor conviction and BTC’s growing role as a macro-driven financial asset.
Bitcoin bulls appear poised to win the upcoming $20 billion options expiry, raising the chances for a rally to $110,000.
Bitcoin price continues moving higher as a ceasefire between Iran and Israel holds and traders anticipate a round of interest rate cuts from the US Federal Reserve.
A sharp drop in BTC inflows to Binance could play a role in Bitcoin possibly rallying to $120,000.
Some users were questioning whether the Nano S would still work after support ends, and whether there was a security risk involved if they decided to keep using it.
The crypto mining firm will additionally sell its own stock to purchase more ETH for its treasury.
Financial analyst Jeff Walton says Strategy’s odds of S&P 500 eligibility hinge on Bitcoin’s ability to remain above $95,240.