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Bitcoin is hovering close to $88,000, nearly 10% above its bull market low of $76,600. Crypto traders are less fearful now, sentiment has improved, relative to the past few weeks, according to the Fear & Greed Index. Traders are gearing up for the next bear market and to shield their crypto portfolio from the next…
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United States-based Bitcoin miner Crusoe Energy is wrapping up its Bitcoin mining business as it plans to shift focus towards the artificial intelligence sector. According to a recent press release, Crusoe will sell 425 of its modular data centers— spanning sites across Colorado, North Dakota, Montana, Wyoming, New Mexico, Utah, Texas, and Argentina — with…
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GameStop has announced that its board of directors has unanimously approved a plan to invest the company’s capital in Bitcoin. The move follows the path set by Strategy (formerly Microstrategy), a company that in recent years has accumulated billions of dollars in cryptocurrency. After the announcement, GameStop’s stock rose by over 6% in after-hours trading.…
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GameStop Corporation is making its move into crypto with plans to invest part of its multibillion-dollar cash reserve into Bitcoin and stablecoins. After a unanimous approval from its board of directors, GameStop confirmed it will allocate a portion of its corporate cash, and potentially future debt issuances, toward acquiring digital assets like Bitcoin, a March 25…
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BlackRock has launched a new Bitcoin exchange-traded product (ETP) in Europe through its iShares fund service. Managing over $4.4 trillion in ETFs globally, the world’s largest asset manager has already amassed $58 billion in assets through its US Bitcoin ETF. Now, the new iShares Bitcoin ETP (IB1T) is listed on stock exchanges in Germany, France,…
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Bitcoin remained steady above $87,000 in Asian afternoon hours Wednesday as traders continued to monitor U.S. data releases and how the levy of U.S. tariffs will play out starting April 2, with most in wait-and-watch mode. Majors were little-changed in the past 24 hours as Solana’s SOL, xrp (XRP), BNB Chain’s BNB, and ether (ETH)…
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Bitcoin (BTC) climbed nearly 5% in the past week, reclaiming key support levels over the past three days. The recent bullish momentum has sent BTC toward the $88,000 mark, with some analysts suggesting a reclaim of its previous price range could be near. Bitcoin Recovery Could Trigger 14% Surge After being rejected from the $84,000-$85,000…
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Michael Saylor’s Strategy (MSTR) is hailed as the “Best Stock” for gaining exposure to Bitcoin (BTC-USD), according to Compass Point analyst Ed Engel. The analyst is highly impressed by the company’s strategic capital-raising and Bitcoin acquisition strategies. So far in 2025, Strategy’s stock price gain of 14% has already exceeded Bitcoin’s price drop of 9%.…
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Bitcoin has started the week maintaining relative stability, with its price currently hovering around $87,000 despite a minor 0.4% dip over the past 24 hours. The crypto asset showed upward momentum earlier in the week, briefly rallying beyond $88,000. Although the rally has slowed, the broader market remains focused on whether Bitcoin’s recent performance signals…