JP Morgan analysts say Bitcoin has stronger upside potential than gold heading into the second half of 2025. In a recent note, they cited fresh corporate interest and growing state-level support as key drivers of the asset’s sustained rally. The analysts believe crypto-related catalysts may fuel further gains and extend
Strategy, formerly MicroStrategy, has acquired another 13,390 BTC for approximately $1.34 billion between May 5 and May 11. The company paid an average of $99,856 per bitcoin, according to a U.S. SEC filing on Monday. With this purchase, Strategy’s total Bitcoin holdings now stand at 568,840 BTC. These holdings are
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
A major Bitcoin whale has accumulated 1,721 BTC in just 48 hours, totaling approximately $179 million. This activity includes a recent acquisition of 821 BTC worth $85.42 million. The aggressive buying comes at a time when Bitcoin continues to trade above critical support levels. Fresh Accumulation Activity Surfaces According to
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
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
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
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
The crypto market is surging today, driven by growing optimism around global trade developments and a supportive macroeconomic backdrop. The total crypto market capitalization jumped 3.21% to reach $3.1 trillion, while 24-hour trading volume soared 47.10% to $119.1 billion. Bitcoin (BTC) surged past $99,000, hitting $99,415, as bulls aim for
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.
