Bitcoin’s price rose beyond $77,500 due to increased holdings by Strategy and positive optimism in the financial markets. According to CMC data, bitcoin has risen to $77,985, a substantial surge, indicating that the crypto market is exhibiting indications of strength on Tuesday. The current price range for Bitcoin is between $74,000 to $78,000. Early this month,
At the same time, spot Bitcoin exchange-traded funds (ETFs) continue to see interest, with $1.9 billion flowing into these financial vehicles over the last seven days. From roughly 675,000 BTC at the beginning of January, Binance’s Bitcoin supply has fallen to around 618,300 BTC. Buying pressure for Bitcoin (BTC) increased throughout Wednesday’s New York trading session,
The most recent consistent influx of funds has turned the tide for 2026, with a total net inflow of $58.23 billion. For spot Bitcoin (BTC) exchange-traded funds (ETFs), this nine-day run in April is the first since October, when inflows skyrocketed. As investor confidence in Bitcoin continues to rise, exchange-traded funds (ETFs) in the United
The cryptocurrency market leader is poised for its greatest monthly performance in a year, with a 13.6% increase in April. With an additional $5 billion in the last two weeks, the supply of Tether’s USDT, the biggest and most popular stablecoin, has risen to little under $150 billion. Following a week in which Bitcoin touched
On Monday, the Crypto Fear & Greed Sentiment Index hit 47, marking its first “Neutral” reading in three months. According to Farside, the Fidelity Wise Origin Bitcoin Fund (FBTC) was the main culprit on Monday, losing $150 million. On Monday, when Bitcoin fell below $77,000, exchange-traded funds (ETFs) listed in the United States had their
Anyone may verify Block’s holdings independently using on-chain signatures, according to Block. Even though they are the largest corporation in the world holding Bitcoin, Strategy has yet to provide a proof-of-reserve. Coincident with the increasing number of cryptocurrency firms demonstrating their holdings onchain, online payment provider Block has introduced proof-of-reserves for its corporate Bitcoin treasury
Mezo Prime is intended for businesses that own Bitcoin but have few ways to use it. Bitcoin kept in an Enclave may be used as collateral to borrow MUSD, Mezo’s stablecoin backed by Bitcoin, or locked as veBTC to earn protocol fees. Mezo Prime, a product intended to provide institutional investors and corporate treasuries access to
Investors are worried about the company’s dependence on STRC, Strategy’s perpetual preferred security, due to the asset’s 11.5% dividend yield. The mark-to-market accounting for Bitcoin is the key reason why Wall Street analysts are predicting a loss of $18.98 per share in Tuesday’s earnings release. In anticipation of Tuesday’s first quarter earnings announcement, Strategy—the largest
This comes at a time when crypto momentum has been developing in Washington, which might explain the price spike. Net inflows into US-based spot Bitcoin exchange-traded funds have occurred on 11 out of the last 14 trading days. Monday, when Asian stocks started trading, Bitcoin soared 2.7% in three hours, surpassing $80,000 for the first
According to statistics from CryptoQuant, long-term holders have acquired more than 330,000 BTC over the last month, which went along with this increase. Strong inflows into US-based spot Bitcoin exchange-traded funds (ETFs) of $1.18 billion have been observed for three days in a row, coinciding with Bitcoin’s bullishness. Tuesday saw an intraday high of $81,300