Tag Archives: Bitcoin News

Trump-Backed American Bitcoin Targets Asian Companies For Strategic BTC Acquisitions

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American Bitcoin, the recently established mining company backed by Donald Trump Jr. and Eric Trump, is actively seeking opportunities to acquire companies in Asia to bolster its Bitcoin (BTC) reserves.  According to a report by the Financial Times, sources familiar with the matter indicated that the company aims to purchase a publicly listed firm in… Continue reading Trump-Backed American Bitcoin Targets Asian Companies For Strategic BTC Acquisitions→

Bitcoin Under Pressure? Rising Exchange Inflows Signal Potential Supply Build-Up

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Bitcoin remains under the $120,000 price mark following a pullback triggered by remarks from the US Treasury that the federal government will not be purchasing the cryptocurrency. At the time of writing, BTC is valued at approximately $118,612, representing a 4.1% decline from its record high above $124,000 reached earlier this week. The market seems… Continue reading Bitcoin Under Pressure? Rising Exchange Inflows Signal Potential Supply Build-Up→

Michael Saylor Sets $100 Billion Target For Bitcoin Credit Initiative

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Michael Saylor, chairman of the largest public Bitcoin treasury company, Strategy (formerly MicroStrategy), is embarking on what could be his most daring financial venture yet: the introduction of perpetual preferred stock as a new funding mechanism.  This new approach seeks to move away from traditional methods like common stock sales and convertible bonds, which have… Continue reading Michael Saylor Sets $100 Billion Target For Bitcoin Credit Initiative→

Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases

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Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite briefly pushing past $120,000, BTC failed to sustain levels above its record, and the breakout above ATH remains unconfirmed. This lack of follow-through has fueled bearish speculation, with some analysts warning that the market could… Continue reading Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases→

ETF Mania: Bitcoin And Ethereum Funds Hit Record $40 Billion Week

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This week saw record trading in US spot Bitcoin and Ether ETFs, driven largely by a sudden rush into Ether funds. According to ETF analyst Eric Balchunas, Ether ETFs alone posted roughly $17 billion in weekly volume, a figure that surprised many after months of quiet. The spike has pushed trading desks to rethink how… Continue reading ETF Mania: Bitcoin And Ethereum Funds Hit Record $40 Billion Week→

BTC Slips Below $120K as Policy Shifts Rattle Markets: Is This a Setup for the Next Big Rally?

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Bitcoin’s record-breaking rally hit a pause this week as shifting U.S. policy signals triggered a sharp pullback. After surging to an all-time high of $124,457 on August 13, BTC plunged as low as $117,477 on Friday morning before stabilizing around $119,000. The 5% drop followed U.S. Treasury Secretary Scott Bessent’s comments ruling out additional government… Continue reading BTC Slips Below $120K as Policy Shifts Rattle Markets: Is This a Setup for the Next Big Rally?→

Bitcoin Holds Near $119,000 As Lower Leverage Reduces Correction Risk

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Bitcoin (BTC) staged a mild rebound from yesterday’s inflation-driven drop to $117,180, climbing back toward $119,000 at the time of writing. A declining leverage ratio suggests the top cryptocurrency’s bullish momentum could persist, keeping it in the running for a new all-time high (ATH) in the near term. Bitcoin Leverage Ratio Falls, Bulls Rejoice According… Continue reading Bitcoin Holds Near $119,000 As Lower Leverage Reduces Correction Risk→

Bitcoin Prepares For Make-Or-Break Move As Textbook Triangle Meets Tight Range

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Bitcoin is approaching a critical juncture as its textbook ascending triangle converges with a tight trading range. Consolidation near key support and resistance levels sets the stage for a potential breakout or breakdown, making the next moves crucial for market momentum. Ascending Triangle Signals Strength Alpha Crypto Signal, in a recent bullish continuation setup. The… Continue reading Bitcoin Prepares For Make-Or-Break Move As Textbook Triangle Meets Tight Range→

Bitcoin Pulls Back Below $120K After New ATH as Whale Ratio Hits Risk Levels

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Bitcoin briefly set a new all-time high above $124,000 earlier today before experiencing a sharp retracement that brought the asset back below the $120,000 level. As of press time, BTC is trading at $118,336, representing a weekly loss of 1.9% and a 4.5% decline from its peak. The price shift comes amid notable on-chain developments… Continue reading Bitcoin Pulls Back Below $120K After New ATH as Whale Ratio Hits Risk Levels→

Bitcoin Act Is Still America’s Playbook, Clarifies Senator Lummis

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A morning soundbite from Treasury Secretary Scott Bessent briefly rattled Bitcoin and crypto markets on Thursday before a late-day clarification restored the policy baseline: the United States won’t be sellers, and “budget-neutral” options to grow the country’s bitcoin stockpile remain on the table. Senator Cynthia Lummis swiftly framed the endpoint. “America needs the BITCOIN Act,”… Continue reading Bitcoin Act Is Still America’s Playbook, Clarifies Senator Lummis→