Recent insights from Arkham reveal that BlackRock has amassed a significant $50 billion in Bitcoin in 2024. Notably, MicroStrategy, led by Bitcoin advocate Michael Saylor, invested $24 billion, while Fidelity acquired $20 billion worth of the digital currency. In addition to Bitcoin, BlackRock holds $3.6 billion in Ethereum and $68.5 million in USDC. However, contrary ...
BlackRock, the asset management giant, has made headlines by amassing a substantial $50 billion in Bitcoin in 2024, according to Arkham’s latest insights. Alongside this, software company MicroStrategy, led by Bitcoin advocate Michael Saylor, acquired $24 billion in Bitcoin last year, while Fidelity invested $20 billion. BlackRock’s portfolio also includes $3.6 billion in Ethereum and ...
The CGPT token experienced a remarkable 90% surge in value following its listing on Binance, pushing its Market cap to $335 million. The overall Market for AI agents has doubled since late November 2024, now exceeding $14 billion. ChainGPT, launched in April 2023, aims to improve blockchain and web3 project efficiency by integrating AI agents. ...
Bitcoin, the leading cryptocurrency, has recently experienced considerable price drops, nearing $91,500. This decline has led to decreased investor confidence, resulting in significant capital outflows. As traders assess their strategies, reports show that Bitcoin’s price struggle has raised concerns about maintaining support levels. Notably, the Short-Term Holder Realized price is around $86,200, a critical area ...
Bitcoin’s recent drop of $10,000 to $92,000 has raised concerns about the end of its bull run, particularly as it struggles to stay above the important psychological barrier of $100,000. Reports indicate that the U.S. Department of Justice may liquidate 69,370 BTC, worth around $6.5 billion, seized from the Silk Road marketplace. However, experts suggest ...
Bitcoin’s price is currently at $93,500, having dropped over 5% this week. This decline is accompanied by significant outflows from Bitcoin US spot ETFs, totaling more than $568 million, indicating weakening demand. Data from CryptoQuant shows that reduced stablecoin inflows are exacerbating the downturn in buying interest. If the trend continues, Bitcoin could test the ...
On January 8, Bitcoin’s price fell sharply below $95,000, reversing earlier gains when it briefly exceeded $100,000. A significant factor in this drop was the sell-off by short-term holders—those who have held Bitcoin for less than 155 days. Over 26,000 BTC, worth more than $2.4 billion, were moved to exchanges, often at a loss. This ...
Bitcoin is projected to experience a potential drop of about 13% in the near term, according to technical analyst Katie Stockton. After recently reaching the $100,000 mark, Bitcoin may face challenges due to overbought conditions. Stockton anticipates that the cryptocurrency will find support around $84,500, while a sharper decline could see it drop to $73,800, ...
Last year, crypto-related products saw an impressive $44.2 billion in inflows, nearly four times the record of $10.5 billion from 2021. This surge is largely due to the launch of US spot-based exchange-traded funds (ETFs), which attracted significant global investment, particularly in Bitcoin, drawing $38 billion. Major ETFs like BlackRock’s IBIT and Fidelity’s FBTC led ...
MicroStrategy, led by Michael Saylor, has become a major player in the cryptocurrency world by acquiring over 2% of all existing bitcoin, transforming the software firm into a kind of bitcoin ETF. Despite bitcoin’s high price near $100,000, MicroStrategy’s stock has dropped significantly, raising questions about its premium valuation and strategies. The company is aggressively ...
