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Kronos Research’s Vincent Liu expects Solana ETF inflows to continue next week, noting that rotation from Bitcoin and Ether will likely persist. Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL)…
The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development. American fast-food chain Steak ‘n Shake has announced the formation of a new Bitcoin treasury, built with the Bitcoin made from its restaurants’ sales. “All payments received in Bitcoin will be placed in our [strategic Bitcoin reserve],” said Steak…
Borderless Capital’s Amit Mehra said quantum computing remains years away from threatening Bitcoin, though rapid advances could make post-quantum security urgent. Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital. When…
This month saw the first “Uptober” in seven years to finish with Bitcoin in the red. Meanwhile, BNB takes off thanks to memecoins. Bitcoin (BTC) is about to disappoint investors, as it’s on the verge of ending October, a historically good month, in the red. Meanwhile, BNB Chain has seen record activity as token prices…
CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto. Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday. The final results of the preliminary vote will be disclosed in a…
Bitcoin ETFs gained $839 million while gold funds lost $4.10 billion, highlighting investors’ growing preference for BTC over bullion. Key takeaways: Bitcoin ETFs saw $839 million in inflows while gold ETFs lost $4.1 billion. Historical patterns suggest an 8.3% gold rebound ahead. Read more If you liked the article, do not forget to share it…
Bitcoin price fell to $109,200 despite the Federal Reserve confirming a 0.25% interest rate cut and the end of quantitative easing. Traders expect future rate cuts, so why is BTC falling? Key points: Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points. Weakness in crypto shows traders are looking at macroeconomic…
Bitcoin diverged from US stocks to give up $116,000 local highs while the S&P 500 reached record levels into the Fed interest-rate decision. Key points: Bitcoin struggles to return to its range highs after its latest sell-off. BTC price targets for the new “volatile retest” focus on $111,000 and a $114,500 weekly close. Read more…
Bitcoin price has surged 85% since Mt. Gox began repayments, proving fears of a massive sell-off were overblown as demand easily absorbed supply. Key takeaways: Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox. Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000. Read more…
Éric Ciotti of the Union of the Right for the Republic led the charge in a motion for a resolution to ban CBDCs and promote stablecoins in France. Lawmakers in France are set to review a proposal that could have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In…