Japanese investment firm Metaplanet has increased its Bitcoin holdings to over $2 billion, now holding 17,595 BTC. The company plans to raise an additional $3.7 billion to continue its aggressive accumulation strategy, mirroring the playbook of MicroStrategy.
Vocal crypto critic Peter Schiff advises Ethereum holders to sell and shift to Bitcoin, arguing ETH faces rising competition and bearish trends, despite his past inaccurate Bitcoin forecasts.
The rise of Bitcoin ETFs challenges the core principles of self-custody, as more investors opt for institutional custody solutions instead of managing private wallets. This trend marks a significant shift in behavior in the cryptocurrency market.
Cathie Wood's ARK Invest offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF (ARKB) after a 3-for-1 stock split in June. The sale occurred shortly after ARKB hit a new all-time high above $39 in early July, equivalent to nearly $118 on a pre-split basis [11, 12].
Peter Schiff, a known Bitcoin critic, suggests selling Bitcoin for silver, arguing silver has greater upside potential. The suggestion comes as Bitcoin hits new highs, with many remaining optimistic about its continued momentum.
Peter Schiff, a well-known Bitcoin critic, advises investors to sell their Bitcoin holdings and buy silver as Bitcoin hits new highs. He argues that silver is a more stable and undervalued alternative.
Inflows into U.S. spot Bitcoin ETFs have surpassed $50 billion, marking a significant surge in institutional demand. BlackRock's iShares Bitcoin Trust (IBIT) leads the inflows, indicating a growing trend for Bitcoin investments through ETFs.
Bitcoin surpassed $112,000, reaching a new all-time high. The surge is driven by increasing investor demand, inflows into Bitcoin ETFs, and the pro-crypto stance of the Trump administration.
Robert Kiyosaki, author of Rich Dad Poor Dad, expressed regret for not buying more Bitcoin when it was lower, while stressing his $1 million target. He continues to view Bitcoin as a hedge against a flawed monetary system and advises investors to consider precious metals.
Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar. Analysts warn July could trigger a major dollar breakdown, fueling Bitcoin's rise toward new highs.
The USD is at a 3-year low as Bitcoin rebounds to over $107,000. Investors are increasingly turning to cryptocurrencies, challenging the dominance of traditional currencies.
U.S. spot Bitcoin ETFs recorded their largest single-day inflow for June on Tuesday with $588.6 million, extending an 11-day streak amid easing geopolitical tensions. The bullish trend indicates sustained investor confidence in Bitcoin despite broader macroeconomic uncertainties.
According to a CryptoQuant analysis, Bitcoin is showing signs of renewed strength after reclaiming a key technical level. CryptoQuant's Ibrahim COŞAR believes Bitcoin could move toward $120,000 in the short term, though he warns that geopolitical events could bring unexpected volatility.
Michael Saylor predicts Bitcoin will reach $21 million by 2046, emphasizing the cryptocurrency's long-term value as a safe haven and store of value. The prediction is based on increasing institutional adoption and Bitcoin's scarcity.
In a move that signals a growing acceptance of digital assets by the traditional finance sector, Spanish lender BBVA is advising its wealthy clients to invest up to 7 percent of their portfolio into cryptocurrencies . The recommendation, revealed at a conference in London, marks the latest sign that some banks are warming to a sector long avoided by mainstream finance because of its risks.
Bitcoin’s BTC rise to new all-time highs is happening on a backdrop of deep economic strain, according to a new report from Cathie Wood-led ARK Invest. Bitcoin's 11.1% climb in May, outpaced gold and broke through key resistance levels, said ARK. Gains also coincided with clear signs of stress in the housing and auto sectors, traditionally seen as pillars of U.S. consumer strength.
