Bitcoin’s downward trend could persist longer than expected, according to some analysts who see similarities with the 2022 bear market. Quinn Thompson, head of the crypto hedge fund Lekker Capital, believes the decline won’t be sudden but rather a gradual slide that might take Bitcoin below $60,000 by the end of the year. Unlike previous…

STAMFORD, Conn., April 02, 2025 (GLOBE NEWSWIRE) — Grayscale, a leading crypto asset manager, today announced the launch of Grayscale® Bitcoin Covered Call ETF (Ticker: BTCC) and Grayscale® Bitcoin Premium Income ETF (Ticker: BPI) (the “Funds”). The two Funds are Grayscale’s newest exchange-traded funds (ETFs) which offer covered call writing strategies, seeking to provide investors…

Bitcoin could soon find a place on state balance sheets, with Alabama and Minnesota both pressing ahead with legislative frameworks for state Bitcoin reserves. In Minnesota, House File 2946, also called the Minnesota Bitcoin Act, introduced by Rep. B. Olson (R-MN) on Tuesday, would allow the state to invest in Bitcoin directly. Its Senate counterpart,…

Key Takeaways Bhutan’s government transferred $32 million worth of Bitcoin today, part of ongoing movements totaling $95 million in two weeks. The Gelephu Mindfulness City in Bhutan plans to include Bitcoin, Ether, and BNB in its strategic reserves for a digital asset ecosystem. Share this article Bhutan’s government transferred $32 million worth of Bitcoin to…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an interview with Bitcoin commentator Natalie Brunell, Senator Cynthia Lummis (R-WY) reaffirmed her commitment to establishing a US Strategic Bitcoin Reserve (SBR), disclosing that the Treasury Department is probing its legal authority to purchase and custody BTC on behalf of the…

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…

As the global adoption of cryptocurrency continues to grow, a new concept of a government-issued Bitcoin Treasury bond is poised to enter the mainstream of securities. According to a recent study by the Bitcoin Policy Institute, a not-for-profit organization, the concept of BTC treasury bond can save the U.S. economy from trillions of dollars of…

The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing. Tether owns 100,521 BTC in total, meaning the firm holds…

Tether, the issuer of the world’s largest stablecoin USDT, has further solidified its position as a significant Bitcoin holder, adding another substantial amount to its reserves in the first quarter of 2025. 🙏 https://t.co/1XxYwS73Mq — Paolo Ardoino 🤖 (@paoloardoino) April 1, 2025 The company’s purchase of 8,888 BTC in the first three months of 2025…

The crypto market is abuzz after a bit of a lull in March. Things are getting active and volatile again. For example, Bitcoin (CRYPTO: BTC) is up 3% in five hours as I’m writing this in the morning of March 31. The oldest and largest cryptocurrency is also down 5% in the last week and…