Wed, June 11

DDC Enterprise Unveils Bitcoin Strategy After Strong 2024 Growth

A Chinese publicly traded company, DDC Enterprise, unveiled a new Bitcoin collection strategy after the positive financial performance of the company in the last year.  According to the strategy, the company plans to purchase 100 Bitcoins as a quick purchase. Adding more to this, it aims to purchase 500 BTC

May 16, 2025 2 mins read

Bitcoin Surges Amid US-China Trade Deal Hopes and Stock Market Sell-Off

Bitcoin had reportedly surpassed stocks and showed an uptrend at the time of the sell-off on stock markets last month, after the US President, Donald Trump, announced tariffs on Liberation Day.  From a fall of $75,000 reported on April 7, the largest cryptocurrency rebounded to $95,000, a 27% surge by

May 12, 2025 2 mins read

Metaplanet Surpasses El Salvador in Bitcoin Holdings with $129M Purchase

Simon Gerovich’s Metaplanet has once again added Bitcoins to its treasury. The firm purchased 1,241 Bitcoins for 14.8 million yen ($101,843) per coin, adding another $129 million to its treasury.  After this holding, the company holds more Bitcoin than the crypto-friendly country, El Salvador. The news was broken by the

May 12, 2025 2 mins read

Is Bitcoin (BTC) Gearing Up for a Move Toward $110K?

Bitcoin (BTC) briefly reclaimed the $104,000 threshold today, posting a modest 1.00% intraday rise. At the time of writing, BTC trades at $104,200.09, securing a market capitalization of $2.06 trillion. This reflects a 0.73% increase in tandem with a strong surge in trading volume, now totaling $47.02 billion, up by

May 11, 2025 2 mins read

Bitcoin ETF Inflows Top $321M as Institutional Demand Surges

The data from Farside Investors revealed that Bitcoin ETF net flows are estimated at $321.4 million on May 9. Some prominent Bitcoin ETFs, such as IBIT and FBTC, noted flows of $356.2 million and $45 million, respectively.  On the other hand, GBTC and BIBT noted outflows of $65.2 million and

May 10, 2025 2 mins read

Saylor Blames Short-term Holders for Bitcoin Not Reaching $150K

The founder of Strategy, Michael Saylor, on May 9 revealed that he believes that Bitcoin has not hit the $150,000 mark yet, as holders without a long-term perspective have been selling off. At the same time, there are many investors who are looking to enter the market.  He further added

May 10, 2025 2 mins read

BlackRock Earns $32M from Bitcoin ETF in Q1 as BTC Nears $100K

BlackRock revealed $32 million in Q1 revenue from its Bitcoin ETF, iShares Bitcoin Trust (IBIT), in a new SEC filing. The firm also reported $47.78 billion in net assets at the end of Q1 2025, down from $51.52 billion in Q4 2024.  Despite the price correction, institutional demand stayed strong.

May 8, 2025 2 mins read

Bitcoin Nears $100K as Trump Teases Major Trade Deal

The market analysts are expecting Bitcoin to break the $100,000 mark soon and hit a new all-time high as the US President is going to announce a new trade deal with a respected country.  On Wednesday, Trump made a Truth Social post mentioning that a vital trade deal with a

May 8, 2025 2 mins read

Bitcoin ETFs Drive Demand Surge, Buying 6x Weekly Mined Supply

The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week.  The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital.  The miners are allowed to

May 5, 2025 2 mins read

Arthur Hayes Foresees Bitcoin Hitting $1 Million by 2028

Bitcoin is once again showing strong bullish momentum, recently crossing the $95,460 mark—its highest in two months. The crypto market’s capitalisation has soared to $1.88 trillion, while daily trading volume surged 13% to hit $28 billion. Against this promising backdrop, Arthur Hayes, CIO at Maelstrom and co-founder of BitMEX, has

April 30, 2025 1 min read