Bitcoin rallied above $94,000 due to positive developments surrounding the US-China trade war. BTC’s surge caused the percentage of its supply in profit at current price levels to rise to 87.3% from 82.7% in March. Bitcoin ETFs recorded $1.83 billion in net inflows between Tuesday and Wednesday, signaling an increase in institutional demand for Bitcoin…

Institutional ownership of Bitcoin has surged over the past year, with around 8% of the total supply already in the hands of major entities, and that number is still climbing. ETFs, publicly listed companies, and even nation-states have begun securing substantial positions. This raises important questions for investors. Is this growing institutional presence a good…

Semler Scientific (SMLR) bought an additional 111 bitcoin (BTC) for an average purchase price of $90,124, using proceeds from at-the-market offering and cash on hand, it announced in a press release. This brings the medical device maker’s total bitcoin holdings to 3,303 BTC, which were purchased at a total cost of $290.4 million. Semler said…

U.S. Senator Dave McCormick, former CEO of investment powerhouse Bridgewater Associates, is investing his money in Bitcoin (BTC) while playing a role on a Senate committee shaping the future of crypto regulation. He has become the largest bitcoin investor in Congress As per the recent reports, McCormick has invested substantial sums into the Bitwise Bitcoin…

After months of fading momentum, the popular altcoin XRP may finally be lining up a technical setup that traders have not seen in a long time. On the XRP/BTC weekly chart, the 50-week moving average is closing in on the 200-week moving average.  If it crosses above, it would form what is known as a golden cross…

Bitcoin, the first and largest cryptocurrency by market capitalization, could be significantly undervalued, according to Charles Edwards, analyst and founder of Capriole Investments. In a recent tweet, Edwards noted that Bitcoin Energy Value is at $130,000, sharing alongside his tweet a Bitcoin (BTC/USD 1 day) chart superimposed with the Bitcoin energy value. This figure places…

Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. In a recent interview with CNBC, Jacobs said that geopolitical tensions and rising global uncertainty are accelerating diversification strategies among central banks. He pointed to…

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded…

Bitcoin and crypto prices have roared back as a leak reveals U.S. president Donald Trump’s radical plans for crypto are causing growing “panic” among the establishment. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters poised for 1,000% plus gains!”…

After 15 years of inactivity, a Bitcoin whale unlocked a $4.67 million windfall, with a gain of over 93 million percent on their initial investment. A Bitcoin whale recently moved 50 BTC, worth approximately $4.67 million, after sitting dormant for 15 years. The transaction saw coins originally mined in July 2010, when Bitcoin was worth…