Amazon Shareholders Propose Adding Bitcoin To Treasury For ‘Best’ Long-Term Interest, Cite Michael Saylor’s MicroStrategy As Example
Following in the footsteps of other Wall Street giants, shareholders of online retail giant Amazon.com Inc. (NASDAQ:AMZN) urged the firm Sunday to consider a Bitcoin (CRYPTO: BTC) treasury strategy to enhance shareholder value in the long run. What happened: The National Center for Public Policy Research, a U.S.-based think...
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Bitcoin, Ethereum, Dogecoin Reverse After Advances: BTC Records Historic Weekly Close While Analyst Paints $6K Target For ETH
Leading cryptocurrencies slipped in overnight trading on Sunday after Bitcoin recorded its first-ever weekly close above $100,000. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.49% $99,600.82 Ethereum (CRYPTO: ETH) -1.15% $3,959.94 Dogecoin (CRYPTO: DOGE) -1.21% $0.4582 What Happened: The world’s largest cryptocurrency rallied sharply...
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Bitcoin State: Florida Pensions Take $1.85 Billion Leap Into Crypto
The state pension fund in Florida made a bold move to align itself with the vision of US President-elect Donald Trump for a strategic Bitcoin reserve. Florida’s state officials announced that the pension fund will invest $1.85 billion worth of members’ contributions into Bitcoin to diversify its investment portfolio....
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This Analyst Says Bitcoin Could Reach $200K By End of 2025
Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick says that Bitcoin‘s (CRYPTO: BTC) value could surge to $200,000 by the end of 2025. What Happened: A research note by Kendrick released on Thursday indicates that Bitcoin’s recent rally, surpassing the $100,000 mark, is primarily driven by institutional investors. These...
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Bitcoin Whales Ramp Up Accumulation – Another Price Surge To Follow?
The price of Bitcoin (BTC) has dipped by 1.66% in the last day after failing to break past $102,000 on Friday. Currently, the crypto market leader seems to be in consolidation, with little indication of its next price movement. However, recent whale activity has pointed to a continuous bullish...
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Traders watch DOGE, SUI, PEPE and FTM as Bitcoin range trades near $100K
Bitcoin’s consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM....
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Crypto Analyst Foresees Pre-Christmas Bitcoin Price Surge
Crypto analyst and pseudonymous trader Dave the Wave has predicted a potential surge in Bitcoin‘s (CRYPTO: BTC) price before Christmas, citing a favorable technical setup. What Happened: The crypto analyst shared his thoughts on the social media platform X and said that Bitcoin is in an ascending channel. He predicts...
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MSNBC’s Hayes: Proposed Bill Could Transfer $100B From Taxpayers To Bitcoin Owners
On a recent episode of MSNBC’s All In, host Chris Hayes said that a Senate bill could potentially result in a $100 billion transfer from taxpayers to Bitcoin owners. What Happened: The bill, proposed by Sen. Cynthia Lummis (R-Wyo.), calls for the U.S. Treasury to acquire one million Bitcoins over a span of...
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Spot Ethereum ETFs Record Best Weekly Performance, 10-Day Inflow Streak Continues
The spot Ethereum ETFs (exchange-traded funds) in the United States have continued their impressive form, posting their tenth consecutive day of positive inflows to close the week. This strong performance reflects the growing positive sentiment amongst investors following the recent US presidential elections. The streak of capital influx would...
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