BlackRock, a leading asset manager, purchased over $111 million worth of Bitcoin following a positive trading day for its Bitcoin fund, signaling strong institutional interest despite Bitcoin's price remaining around $63,000. This move comes amid BlackRock's mixed buying and selling behavior as Bitcoin's price shows instability. The broader Bitcoin ETF market also saw a net inflow of over $170 million, with BlackRock taking a significant share. Despite historical August losses for Bitcoin, the asset has started the month with modest gains, hinting at a potential positive trend ahead.
Jim Cramer, host of Mad Money, announced plans to sell his entire Bitcoin holdings following concerns about quantum computing potentially breaking current encryption standards. This warning came after an interview with IBM CEO Arvind Krishna, who urg...
Bitcoin's 30-day implied volatility index (BVIV) has dropped to 36%, the lowest since May 31, signaling calm despite recent challenges like the Coldcard hack, weak institutional demand, and regulatory uncertainty. This low volatility suggests a poten...
10x Research suggests Bitcoin could confirm a market bottom this August if it closes monthly above $63,000, activating key technical indicators. The analysis depends on stable U.S. monetary policy and bond yields, with risks from potential Fed rate h...
Jim Cramer announced plans to sell all his bitcoin holdings, citing concerns that advances in quantum computing could threaten cryptocurrency security within three to four years. Despite his warning and other market pressures like a hardware wallet h...
Jason Calacanis, an early Uber investor, has criticized Bitcoin and Michael Saylor's Bitcoin strategy, urging investors to sell half of their Bitcoin holdings and invest in projects like Solana and Bittensor that are delivering real products. Althoug...
