Bitcoin | Crypto

Bitcoin (BTC) trades at the upper edge of its $108,000-$116,000 air gap range ahead of the Federal Reserve meeting on Sept. 17, and relies on the policy messaging. BTC traded at $115,046.29 as of press time, down by 0.2% in the past 24 hours. According to the Bitfinex Alpha report, Bitcoin needs a sustained break […] The post Bitcoin faces $107,000 or $125,000 move as FOMC meeting determines market direction appeared first on CryptoSlate.

Bitcoin’s $113,000 zone emerges as a critical support with new investors absorbing whale supply, hinting at one of the last discounts before new highs. Key takeaways: Bitcoin could retest the $111,000–$113,000 zone, mirroring the breakout structure seen in Q2. The URPD metric shows 5.5% of BTC supply clustered between $110,000–$113,000. Read more

The purchase as part of the company’s accumulation strategy started in 2020 has resulted in Strategy holding more than $73 billion worth of BTC. Strategy, the business intelligence company co-founded by Michael Saylor, has increased its Bitcoin holdings to more than $73 billion after a reported purchase as part of its treasury strategy. In a Monday notice, Saylor said the company had acquired 525 Bitcoin (BTC) for about $60 million, given an average price of $114,562 per coin. The additional Bitcoin resulted in Strategy’s holdings totaling 638,985 BTC, worth more than $73 billion at the time of publication.   The Bitcoin purchase was part of Strategy’s accumulation strategy, launched in August 2020 with a $250-million BTC investment. Since that initial investment, the company has regularly announced significant BTC buys, including a report of a $450 million purchase at the end of August and early September. Read more

Bitcoin is in no mood to party into the FOMC rate-cut decision while stocks and gold outperform to start a key macro trading week. Key points: Bitcoin diverges from stocks and gold to see daily losses of 2% to start the week. Analysis hopes that the upcoming Federal Reserve interest-rate decision will provide a BTC price boost. Read more

Crypto ETPs recovered last week, recording $3.3 billion in inflows and lifting the overall assets under management to $239 billion. Crypto investment products reversed their recent outflow trends last week, with Bitcoin, Ether and Solana exchange-traded products (ETPs) recording significant inflows.  Global crypto ETPs saw $3.3 billion in inflows last week, lifting overall assets under management (AUM) to $239 million, near the record high in August. Last month, crypto ETPs saw an all-time high AUM of $244 billion.  The inflows came as underlying assets showed modest gains over the week. Bitcoin (BTC), which traded at $111,900 on Sept. 8, rose 3.3% to $115,600 on Friday. Ether (ETH) went from $4,300 to $4,500 last week, a 4.6% gain in five days.  Read more

Bitcoin braced for further gains toward $120,000 after finishing the week in the green above $115,000, new price analysis concluded. Key takeaways: Bitcoin’s weekly close above $115,000 signals bullish strength.  BTC’s bull flag breakout could trigger a rally to $120,000. Read more

Bitcoin headed into the Fed interest-rate cut with analysis bullish on the macro outlook, but traders split over new BTC price highs. Bitcoin (BTC) traders geared up for volatility as crypto heads into the US Federal Reserve interest-rate decision. Bitcoin bulls have a clear resistance level to overcome at $117,000 as the week gets underway. All eyes are on the Fed as markets unanimously expect the first interest-rate cut of 2025 to come on Wednesday. Read more

Despite September’s pullback, investors see scope for a year-end Bitcoin rebound on supportive macro trends and options flows.

Bitcoin lacks momentum into the weekly close as a trader says now is the "time to pay attention" to BTC price behavior ahead of the Fed rate-cut decision. Key points: Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week. BTC needs a weekly close above $114,000 to stay “bullish,” analysis says. Read more

Institutional money, funds, and public companies continue to increase their BTC holdings and currently control 12.3% of all Bitcoin supply. According to Bitcoin analytics platform Ecoinometrics, this figure has dramatically increased over the past 12 months. Institutional money added 5% to their combined holdings in the past year alone, helping propel Bitcoin’s price by over […] The post Institutions like Strategy and Metaplanet now hold 12.3% of the total Bitcoin supply appeared first on CryptoSlate.

Capital Group has turned a $1 billion bet on Bitcoin treasury stocks into $6 billion, with major holdings in Strategy and Metaplanet. Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with 25 years at Capital Group, led the firm’s move into Bitcoin. Casey, who describes his investment style as shaped by Benjamin Graham and Warren Buffett, has become an advocate for Bitcoin (BTC), according to a Sunday report by The Wall Street Journal. “I just love Bitcoin, I just think it is so interesting,” Casey said during a podcast interview with venture firm Andreessen Horowitz. He called Bitcoin “one of the coolest things that has ever been created by people,” per the WSJ report. Read more

Wall Street veteran Jordi Visser says Bitcoin allocations in traditional finance portfolios "will go higher" next year. Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told Anthony Pompliano during an interview published to YouTube on Saturday. “I think Bitcoin’s allocation number will go higher across portfolios,” Visser said. “That is going to happen,” he emphasized. Read more

Bitcoin market forecasts see the chance for BTC price action to pass current all-time highs next thanks to a combination of demand and bull market patterns. Key points: Bitcoin futures markets fill a CME gap from mid-August, the latest sign of market strength. Bulls must avoid turning that level into resistance, or new local lows await, analysis says. Read more

BitMEX co-founder Arthur Hayes is urging Bitcoin investors to shift their mindset away from short-term thinking and flashy expectations. The post Arthur Hayes: Chasing Quick Gains in Bitcoin Is a Losing Strategy appeared first on Cryptonews.

Bitcoin miners’ current rate of accumulation mirrors a pattern that fueled a 48% rally in 2023, but macroeconomic risks could cap BTC’s gains. Key takeaways: Strong Bitcoin miner and corporate BTC accumulation fuel speculation on BTC price surpassing $140,000. Investors’ rising inflation expectations and weakening consumer sentiment could prevent BTC from hitting new highs. Read more

Polymarket has launched a new integration with Chainlink that upgrades how its prediction markets are priced and settled, according to a Sept. 12 statement shared with CryptoSlate. The rollout connects Chainlink’s oracle infrastructure to Polymarket’s platform on Polygon mainnet, giving traders access to faster, tamper-resistant data feeds and automated settlement tools. The system pairs Chainlink […] The post Polymarket just made Bitcoin bets settle instantly with Chainlink upgrade appeared first on CryptoSlate.

Gen Alpha will grow up with Bitcoin as a cultural and financial native, making it their default store of value over traditional gold investments. Opinion by: Darius Moukhtarzadeh, Research Strategist at 21Shares Gold has long been considered the ultimate store of value — shiny, scarce and time-tested.  For Gen Alpha, however, the first generation truly born into a digital world, that shine is already starting to fade.  Read more

Explore Michael Saylor’s Bitcoin playbook, Strategy’s debt-fueled purchases and the future outlook of corporate crypto investing. Michael Saylor transformed MicroStrategy from a business intelligence firm into the world’s largest corporate Bitcoin holder. Saylor’s conviction redefined corporate strategy, turning volatility into opportunity through long-term, dollar-cost averaging purchases. His approach set the standard for institutional Bitcoin adoption despite concerns over dilution and debt. Read more

Africa has its first Bitcoin treasury company, but its utility goes far deeper than publicly-listed stocks tied to BTC holdings on a balance sheet. Bitcoin treasury companies are in vogue, and Africa has its first trading on the Johannesburg Stock Exchange. While the launch of Africa Bitcoin Corporation promises to attract billions of South African rand from capital markets, its founders believe Bitcoin’s impact on the continent remains in grassroots, retail adoption. South Africa’s Altvest Capital grabbed headlines as it rebranded to Africa Bitcoin Corporation (ABC), the first publicly-listed company actively building a Bitcoin (BTC)-based treasury on the continent. The company has a long-term goal to raise $210 million to buy Bitcoin using preferential share offerings and structured debt notes in the mould of the UK’s Smarter Web Company. Altvest announced its pivot into Bitcoin in February. Read more

Pop Culture Group (CPOP) has acquired 300 BTC (~$33M) and launched a diversified pool for BTC, ETH, BOT and Web3 entertainment. Its Bitcoin strategy has been set within a Treasury model, linked to live events and artist management. Shares moved after Tuesday amid corporate accumulation. The post CPOP Adds $33M in Bitcoin; Treasury Move Spurs 56% Stock Spike, Then Pullback appeared first on Cryptonews.