Category: The Bull & The Bear
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Brevan Howard allocates $2.3B to BlackRock Bitcoin ETF IBIT in 2024
Brevan Howard disclosed a $2.3 billion investment in BlackRock’s Bitcoin ETF, marking a major institutional crypto move involving IBIT and BTC.
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BitMine acquires $130 million ETH during Ethereum market decline
BitMine acquired $130 million in ETH during Ethereum’s price drop, with Tom Lee leading the investment amid market volatility and declining crypto values.
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Bitcoin STH capitulation weakens with 16,800 BTC sold at a loss in July 2023
Short-term Bitcoin holders sold 16,800 BTC at a loss, signaling weakening capitulation. Bitcoin price hovers near $30,000 as exchange inflows decline.
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XRP price unlikely to reach $1000 due to market cap and SEC litigation
XRP price reaching $1000 is unrealistic due to market cap constraints, says expert. Ripple faces SEC litigation, with current valuation at $0.50.
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BitMine becomes the first company to surpass 1M ETH holdings worth over $5B
BitMine now holds 1M ETH valued at $5B, surpassing all firms. Ethereum trades at $4,800 as of October 2023.
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Shiba Inu whale activity up 40%, Ethereum holders 100% profitable in October 2023
Shiba Inu whale activity surged 40%, Coinbase XRP holdings dropped 15%, and 100% of Ethereum holders are now profitable as of October 2023.
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Veteran trader forecasts Bitcoin at $500K following market crash in 2023
Bitcoin could reach $500K post-crash, says veteran trader. BTC currently trades at $30K. Ethereum and Solana also show volatility amid market uncertainty.
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Solana rebounds to $200 with 15% weekly surge amid Ethereum comparisons
Solana rebounds to $200 amid 15% weekly surge, driven by Ethereum comparisons and institutional interest. Bitcoin and Cardano also show gains.
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Bullish IPO Soars, Pantera Bets Big, BitMine Eyes $24.5B Ether Haul
Bullish IPO surged 45% on debut. Pantera Capital invested $50M. BitMine targets $24.5B Ether reserves by 2025, per latest filings.