Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?
The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.
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The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.
The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels.
A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.
BTC added 5% in the past 24 hours, CoinGecko data shows, breaking out of a key $70,000 resistance with $48 billion in trading volumes, or nearly double the volumes from Monday.
The price still remains below its record high of $73,700 hit in early March of this year.
Bitcoin’s “bullish setup” into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
Investment manager VanEck, one of the bullish institutional investors in Bitcoin (BTC), believes the maiden cryptocurrency is on track to … Continue reading
The post $119 billion VanEck predicts Bitcoin to hit $3m and become a global reserve asset appeared first on Finbold.
Emory University disclosed ownership of more than $15 million worth of shares of the Grayscale Bitcoin Mini Trust.
Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a … Continue reading
The post AI predicts Bitcoin price for year-end appeared first on Finbold.
A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.