Grant Cardone's private equity firm, Cardone Capital, purchased an additional 1,200 Bitcoin, using rental cash flow from its real estate holdings to fund regular Bitcoin buys. This hybrid strategy combines income-producing real estate with Bitcoin exposure to diversify returns and aims to accumulate 10,000 BTC across multiple funds. The approach uses dollar-cost averaging and private fund structures, offering investors Bitcoin exposure without direct crypto management. The firm projects annual returns of 22% to 32%, though risks include Bitcoin volatility and long investment lockups.
Lighter (LIT) surged 14.07% to top gains among the 90 largest cryptocurrencies excluding stablecoins, followed by Morpho (MORPHO) and Stacks (STX) with double-digit increases. In contrast, TRON (TRX) fell sharply by 7.90%, leading the decliners. Bitc...
Open interest in crypto perpetual futures rose in four of five major coins as of Oct. 31, led by Bitcoin with $7.53 billion, up 2.47% in 24 hours. Bitcoin's funding rate was positive, indicating longs pay shorts, with 72.1% of accounts holding long p...
Bitcoin increased by 0.80% to $77,566 on October 31, while the total cryptocurrency market capitalization declined by 2.05% to $2.63 trillion. Other major cryptocurrencies like Ether, BNB, Solana, Dogecoin, and XRP saw modest gains under 1%. Morpho l...
Following the Binance hack, Bitcoin, Ethereum, XRP, and BNB all saw increased volatility with varying declines. Bitcoin showed resilience, dropping only 6.5% from its recent high and maintaining support around $76,000. BNB fell 14%, impacted by its B...
Following a $6.3 billion hack at Binance, a trading expert warns Bitcoin could fall to $68,000 if it loses its daily 100-day moving average support. Bitcoin is currently trading below its 50-day moving average, indicating short-term bearish pressure,...
