Bitcoin News

XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens
Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.

MicroStrategy Targeting $2B Perpetual Preferred Stock Offering: Benchmark
Benchmark hosted an investor meeting with MicroStrategy’s executive chairman Michael Saylor.

Unexpected Decline in Core CPI Sends Bitcoin Price Higher
Bitcoin has been consolidating in a range 10%-15% below record highs as investors largely tempered expectations of further interest rate cuts.

Bitcoin Caught Up in a Macro-Driven Sell-Off, May Fall Further: Standard Chartered
There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said.

Corporate Bitcoin Adoption Forges Ahead as More Listed Firms Ride the Wave
In the last few weeks, four firms have announced bitcoin purchases, while seven companies announced a strategy, but no acquisition.

Stalled Stablecoin Supply Casts Doubt on BTC's Bullish Recovery as U.S. Inflation Report Looms
The combined supply of top four stablecoins has stabilized with barely any change over the 30-day period.

Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data
The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.

Bitcoin Bull Tom Lee Sees BTC Reaching as High as $250K by Year-End
Fundstrat's head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target.

One of Italy's Largest Banks Buys $1M Worth of Bitcoin: Report
Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.

Options Tied to BlackRock's Bitcoin ETF Surge to Nearly 50% of Deribit's BTC Open Interest in Two Months
Options linked to BlackRock's spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit's BTC options market.

