The iShares Bitcoin Trust ETF, or IBIT, has earned BlackRock $25 million more in fees than its second-most profitable ETF and is just shy of reaching $100 billion in net assets.
Bitcoin Price Pulls Back From $125K Record High: Analysts See Path Toward $170K in Q4
The Bitcoin price set a fresh all-time high near $125,700 before easing back as traders locked in gains and reassessed near-term risks. Despite the dip, market structure remains bullish. Spot ETF demand is accelerating, exchange balances are at multi-year lows, and macro tailwinds continue to favor “digital gold.” With “Uptober” seasonality intact,
Polygon Proposal Aims to Stop POL Inflation & Boost Buybacks
A proposed overhaul of Polygon’s tokenomics is gaining significant attention within its community and across social media platforms amid concerns over the token’s underwhelming performance. As investor frustration mounts over POL’s continued decline amidst a bullish crypto market, discussions are emerging around strategic changes to its supply mode
All Eyes On Solana: $15-B Stablecoin Supply, ETF Demand Drive Next Leg Up
Investors have piled into Solana-linked products and on-chain cash, pushing the network back into the spotlight. Based on reports, the total supply of stablecoins sitting on Solana recently climbed to about $15 billion, a new peak that traders say is adding fuel to activity on the chain. Stablecoin Liquidity Hits A Milestone The bulk of […]
Bitcoin Whale Balances Stabilize As Price Hits $125K ATH: Signs of Re-Accumulation?
Bitcoin is now trading just below its $125,000 all-time high, following a powerful 15% rally from the $109,000 level that reignited bullish momentum across the market. After weeks of sideways movement, bulls have reclaimed control, pushing BTC into a critical zone where a clean breakout above $125K could mark the start of a new price […]
Robinhood Faces New Rival as Galaxy Digital Launches Retail Trading Service
Galaxy Digital took a major step into the retail investment market by launching a new trading platform offering commission-free trading of over 2,000 stocks and ETFs alongside major cryptocurrencies like Bitcoin and Ethereum. The launch of GalaxyOne energized the market, driving Galaxy’s shares up by 7-8%. The firm seeks to compete with Robinhood a
Bitcoin All-Time High At $125,700 Was A Trap, Warns Analyst
Bitcoin’s dramatic weekend spike to a fresh all-time high of $125,700 lacked real spot demand and was largely the product of leveraged speculation in thin conditions, according to crypto analyst Maartun, who characterized the move as a classic fakeout rather than a durable breakout. “Bitcoin prints a brand new all-time high, $125,700… But hold on [
Dogecoin Price Vs. M2 Global Money Supply: The Trend That Points To $1 And $100s Of Billions In Market Cap
The Dogecoin price action is now being closely examined through the lens of M2 Global Money Supply trends, with a new analysis pointing to a powerful bullish setup. Charts comparing Dogecoin and the M2 global liquidity curve suggest that the meme coin could soon make a decisive move toward $1. At the same time, long-term […]
Bitcoin & Stocks poised to soar as US deficit expands
A prominent hedge fund investor is bullish on the prospects for US markets and cryptocurrencies, citing ongoing fiscal tensions and monetary policies as catalysts for continued growth. As the US grapples with rising debt levels and monetary easing, experts are watching how these macroeconomic factors could fuel a significant market rally, particula
Morgan Stanley Advises Up to 4% Bitcoin Allocation in Portfolios
Bitcoin Magazine Morgan Stanley Advises Up to 4% Bitcoin Allocation in Portfolios Morgan Stanley’s Global Investment Committee has formally recommended that clients allocate between 2% and 4% of their portfolios to bitcoin and crypto. The new report, issued on October 1, outlines crypto (primarily bitcoin) allocations based on investor risk profil