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Bitcoin price sits around $115,000 as the Federal Reserve meets this week. Policy risk concentrates around Wednesday’s Oct. 29 decision at 2 p.m. ET, followed by Chair Jerome Powell’s press conference at 2:30 p.m. ET. Markets price a 25 basis point cut for this meeting with further easing odds into year end, according to the CME FedWatch methodology that maps fed funds futures to meeting-by-meeting probabilities. The setup ties directly to Bitcoin’s macro channel, where guidance on the front end transmits to 10-year real yields and the dollar, then into ETF demand and derivatives positioning on the tape. Flows frame…
In brief BitMine Immersion Technologies added $321 million worth of ETH last week. The company now holds over $13.8 billion worth of ETH, leading the Ethereum treasury accumulation race. BitMine shares are up more than 5% on the day. BitMine Immersion Technologies added another $321 million worth of Ethereum (ETH) to its stockpile over the last week, the NYSE American-traded firm said Monday, with its holdings rising in value due to Ethereum’s recent rebound. Its stock was climbing Monday, as well.The Tom Lee-fronted firm now holds 3.313 million ETH valued at over $13.8 billion, plus it has 192 Bitcoin (about…
Which Trezor Wallet Should You Buy in 2025? Trezor Safe 5 vs Safe 7 (Full Guide) Source link
IBM announced a platform designed to help financial institutions, governments, and large corporations securely manage their crypto and blockchain-based assets, like bitcoin. The platform, developed in collaboration with crypto wallet provider Dfns, combines IBM’s infrastructure and security expertise with Dfns’ institutional-grade custody and wallet technology. At its core, Digital Asset Haven wants to simplify what has long been a tricky and complex landscape for institutions. Many banks and governments have been cautious about crypto because it involves multiple blockchains, regulatory hurdles, and security risks. IBM’s platform wants to change this and consolidate these moving parts, offering a single solution. The…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure What to Know: 1️⃣ A surprise White House post featuring Donald Trump as Halo’s Master Chief sent social media — and GameStop traders — into overdrive, fueling speculation of deeper ties between Trump’s circle and retail-favorite stocks. 2️⃣ Binance founder CZ’s presidential pardon restores a key link between Trump-aligned World Liberty Financial (WLFI) and global crypto liquidity, with WLFI’s trading volume spiking to $222 million. 3️⃣ GameStop’s parody “end of the console wars” post cleverly revived nostalgic gaming culture while amplifying retail investor attention — just as…
Less than a week after its debut, Evernorth, a newly formed XRP-focused treasury company, has emerged as one of crypto’s most profitable institutional entrants.The firm’s swift accumulation of nearly $1 billion worth of XRP has already generated an estimated $75 million in unrealized gains, signaling that Wall Street’s quiet pivot toward the token may already be underway.The $1 billion XRP accumulationOn Oct. 27, blockchain analytics platform CryptoQuant reported that Evernorth spent roughly $947 million acquiring 388.7 million XRP during its first week of operation. This effectively completes about 95% of the firm’s $1 billion XRP purchase target.Evernorth XRP Holdings (Source:…
Wall Street bank Citi and crypto exchange Coinbase are teaming up to “boost digital-asset payment capabilities” for the bank’s institutional clients.In the initial phase, the bank aims accelerate fiat pay-ins and payouts and improve orchestration to better bridge traditional finance with crypto on- and off-ramps, the bank said in a press release.“The financial landscape is changing fast, and we’re thrilled to join Coinbase to explore new and innovative payment options for our global clients,” Debopama Sen, the head of payments and services at Citi said in the release. “With more than 300 payment clearing networks across 94 markets globally, we…
New US company completes $1 billion XRP purchase as Ripple celebrates price surge Source link
Does one bitcoin a day keep the doctor away? Prenetics Global Limited (NASDAQ: PRE), a Hong Kong-based health sciences company, announced today the successful pricing of a public equity offering expected to generate approximately $48 million in gross proceeds, with the potential to raise up to $216 million if all accompanying warrants are exercised. The capital raise is intended to support the expansion of its supplement brand, IM8, while bolstering Prenetics’ Bitcoin treasury strategy. The company has a disciplined Bitcoin accumulation plan, purchasing one bitcoin per day since August 1, 2025, and currently holds approximately 275 BTC, valued at $31…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Madras High Court has ruled that cryptocurrencies can be treated as property, a decision that could reshape how exchanges handle user assets after hacks. The court found that certain crypto holdings are identifiable and controllable, and therefore eligible for legal protection similar to other movable property. Cryptocurrency Treated As Property Under Law According to the Madras High Court, crypto-assets meet the basic tests of property because they can be owned, transferred and controlled by private keys. Justice N. Anand Venkatesh said they can be held “in trust,”…
Mt. Gox just pushed its repayment deadline again from this Friday to Oct. 31, 2026, with court approval.The one-year extension, effectively diffuses near-term sell pressure, turning what could have been a sharp supply event into another drawn-out administrative cycle. Much like prior phases, repayments are expected to filter through exchanges, custodians, and OTC venues in waves rather than floods, muting immediate market impact.For Bitcoin, this delay extends the overhang narrative but also underscores that Mt. Gox distributions remain a slow bleed, not a single catalyst capable of shaking the broader market structure.The deadline was already pushed from last October and…
In brief Strategy purchased $43 million worth of Bitcoin. The purchase was funded through a combination of preferred shares. Citi analysts last week said Strategy shares could hit $485. Strategy spent $43 million on 390 Bitcoin last week, the company said in a press release on Monday, its largest purchase of the asset in nearly a month. The Tysons Corner, Virginia-based firm now owns roughly 640,800 Bitcoin. The stockpile was recently worth $73.6 billion, as Bitcoin changed hands around $114,800 on Monday, according to crypto markets data provider CoinGecko. Not long after markets opened, Strategy shares rose 1.9% to $294, according…
Strategy Shares Rise on $43 Million Purchase—Its Largest in Four Weeks Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Quick Facts: 1️⃣ The lower-than-expected US CPI data released on Saturday fueled hopes that the US Fed will cut rates yet again. 2️⃣ This anticipation has helped pump Bitcoin back to $115K after hovering around $110K in the past several days. 3️⃣ Should a rate cut happen, expect more demand for the best crypto to buy, like Bitcoin, Hyper, and Snorter Token. Happy days are here again as the potential for a new round of rate cuts in the US helped push Bitcoin ($BTC) back to the…
In brief Bitcoin has recovered to near $115,000 following initial panic over Trump’s threatened 100% tariffs on China. Standard Chartered’s Geoff Kendrick notes that $2 billion exited gold ETFs last week, and suggests Bitcoin ETFs need to capture about half of that amount to confirm improving market sentiment. Despite recent gains, gold continues to significantly outperform Bitcoin in 2025 with 54% year-to-date returns compared to Bitcoin’s 23%. Bitcoin traders may be breathing a sigh of relief amid evidence that the U.S.-China tariff wounds are healing.President Donald Trump’s threat to hike tariffs on China by 100% is widely credited with causing…