Japanese investment firm Metaplanet has embraced a new performance metric called “BTC Yield” to evaluate its growing Bitcoin holdings, closely following the approach of U.S.-based firm MicroStrategy. Announced on Oct. 25, Metaplanet’s BTC Yield aims to reflect the company’s Bitcoin acquisition strategy’s potential shareholder value, offering a unique measure by
Microsoft shareholders will soon decide whether the company should publicly assess the potential of adding Bitcoin to its balance sheet. An October 24 filing with the U.S. Securities and Exchange Commission (SEC) reveals the proposal, named “Assessment of Investing in Bitcoin,” will be presented for a vote on December 10.
The digital assets sector encountered a shocking incident, as a US government-related crypto wallet was compromised. The attack led to a loss of $20 million worth of funds in the form of USDT, USDC, aUSDC, and ETH tokens. Meanwhile, on turning to the prices table, Bitcoin has resurfaced at $67K,
Do you know how crucial is October for Bitcoin? Let’s rewind 16 years. On the 31st of this month, a pseudonymous developer named Satoshi Nakamoto released the teaser of the revolution — the Bitcoin whitepaper. Was he aware of how this technology would take form to challenge traditional finance? Who
Bitcoin’s crucial resistance levels are tested to confirm a bullish trend. To accomplish this, BTC needs to surpass the $70K mark. The asset has shown resilience in recent days, with the bulls eyeing higher targets. The technical indicators suggest Bitcoin’s bullish momentum despite a brief downside correction. Moreover, the daily
Bitcoin has slipped back to the $66K range after starting the week strong and reaching an intraday high of $69,450 on October 21. Currently, the cryptocurrency is attempting to recover, climbing back to $67K after hitting an intraday low of $66,612. Earlier today, Bitcoin tested the $67,700 resistance zone but
The overall crypto market has encountered a mild speed bump as the market cap has turned toward a bearish end. Meanwhile, the crypto regulatory landscape has shown some activity with Coinbase filing a FOIA request on US regulators. On the other hand, Bitcoin has incurred a modest price dip. Other
The Asian end of the crypto community has woken up to good news as Bitcoin bulls sprung to new actions. Meanwhile, a recently launched meme token, Apecoin, has stirred market attention with its significant price breakouts. Several traders made notable profits by swapping the token over the weekend. Specifically, Bitcoin
This week marked a significant development in the cryptocurrency market, as Bitcoin (BTC) rallied by 10.48%, reaching a weekly high of $69,000. With BTC now within striking distance of the crucial $70,000 psychological level, market participants are optimistic about its near-term trajectory, particularly as no major macroeconomic data is expected
Bitcoin (BTC) has experienced a remarkable rally over the past week, surging 9% and reaching a three-month high of $69,000. Currently trading at $68,330.37, the cryptocurrency is seeing a modest increase of 0.36%, despite a 13% decline in trading volume. This fluctuation has sparked fresh speculation among market participants regarding
