Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term. Bitcoin started a decent upward move above the $91,500 and $92,500 levels. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a connecting bullish…

Sovereign wealth funds and other large institutions were net buyers of Bitcoin throughout April 2025, even as retail traders appeared to be reducing their exposure through exchange-traded funds (ETFs) and spot markets, according to John D’Agostino, the head of strategy at Coinbase Institutional. D’Agostino made these remarks during an interview on CNBC on Wednesday. Drawing…

By Arasu Kannagi Basil and Tommy Reggiori Wilkes (Reuters) -Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group to buy bitcoin, wagering that interest in the digital currency will expand under U.S. President Donald Trump. The deal, announced on Wednesday, has blank-check vehicle Cantor Equity Partners merging into newly…

Bitcoin has shown resilience compared to the broader financial market amid macroeconomic uncertainty, but analysts caution it’s still too early to know whether the trend will last. “We’re not quite there yet, but if Bitcoin holds strength through the upcoming CPI, as well as ongoing Powell-related and equity earnings volatility, the decoupling narrative could evolve…

Bitcoin crossed $94,000 on April 23, triggering liquidations worth $635.9 million across crypto markets in 24 hours. According to CoinGlass data, more than $560 million of that came from short positions. Bitcoin led the way with $230 million in shorts wiped out, while Ether followed with $109 million as its price rose to $1,787, almost…

Bitcoin’s ascent gathered fresh momentum on Tuesday, charging above the $94,000 mark and extending the gains to 26% since April 9. Three interlocking forces—geopolitics, strategic balance-sheet demand, and resurgent exchange-traded-fund flows—coalesced over the past 24 hours to ignite the rally. Why Is Bitcoin Up Today? The first spark came from Washington, where US President Donald…

The Los Angeles Police Department has recovered $2.7 million worth of Bitcoin mining machines it alleges were stolen by a crime ring in a heist at the city’s airport. The LAPD said on April 22 that detectives from its Cargo Theft Unit, along with the city’s Port Police, the railroad-based Union Pacific Police, and the…

Court: N.D. California Case: 3:23-cv-05038 Tether, Cantor Fitzgerald, and SoftBank unveiled Twenty One Capital, a $3.6B venture holding over 42,000 bitcoins, set to become the third-largest BTC treasury. The Nasdaq-bound firm launches amid renewed crypto enthusiasm under Trump and deepens Tether’s long-standing ties with Cantor, which holds most of its U.S. Treasury reserves. At the…

Court: D. New Jersey Case: 2:22-cv-04915 Tether, Cantor Fitzgerald, and SoftBank launched Twenty One Capital, a new Nasdaq-bound venture holding over 42,000 BTC—making it the third-largest corporate bitcoin treasury globally. The move comes as crypto optimism grows under Trump’s presidency and bitcoin trades near $85K. At the same time, COIN investors have filed a class…

More sovereign wealth funds are accumulating Bitcoin (BTC) as retail investors flee the market. According to a Coinbase executive’s recent statements, there is a correction in the dynamics of BTC ownership. Retail traders are fleeing the markets through exchange-traded funds (ETFs) and the spot markets, said John D’Agostino, the head of strategy at Coinbase.  Sovereign Wealth…