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Crypto - Page 31

Business/Crypto/International/Latest News

Metaplanet Expands Bitcoin Holdings with $26.3 Million Purchase

Tokyo-listed investment firm Metaplanet has made another bold move in its Bitcoin acquisition strategy, announcing on Monday the purchase of 269 Bitcoin worth ¥4 billion. The firm’s stock has surged 73% year-to-date,

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by David H. Shepardson
February 17, 2025February 17, 2025
Business/Crypto/International/Latest News

Major Hedge Fund Reveals $2.6 Billion Bitcoin ETF Investment

Millennium Management, a major hedge fund, has disclosed its substantial holdings in cryptocurrency ETFs in its latest SEC filing. The fund’s Bitcoin ETF investments total $2.6 billion, with its largest position being

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by David H. Shepardson
February 16, 2025February 16, 2025
Business/Crypto/International/Latest News

Crypto Markets Struggle as Bank of America CEO Predicts Federal Reserve Rate Hikes Paused

Bank of America’s CEO Brian Moynihan indicated that the Federal Reserve is unlikely to reduce interest rates soon, citing robust consumer spending as a key factor. Bitcoin and altcoins marginally fell as

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by Tim Ashour
February 16, 2025February 16, 2025
bitcoin etfs
Business/Crypto/International/Latest News

Institutional Investors Increase Bitcoin ETF Exposure As Bullish Momentum Builds

In the fourth quarter of 2024, asset managers, including wealth management firms, hedge funds, and pension funds, significantly increased their investments in U.S. exchange-traded funds (ETFs) linked to Bitcoin’s price. This surge

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by David H. Shepardson
February 15, 2025February 15, 2025
Business/Crypto/International/Latest News

Tether Could Be Forced to Sell Bitcoin, According to JPMorgan Analysts

Tether may be required to sell certain assets—including Bitcoin, precious metals, corporate paper, and secured loans—to comply with proposed U.S. stablecoin regulations, according to analysts at JPMorgan. Two stablecoin bills have been

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by David H. Shepardson
February 14, 2025February 14, 2025
Business/Crypto/International/Latest News

MicroStrategy Responds to Accusation of Lying About Its Bitcoin Reserves

MicroStrategy has refused to address allegations that it has been lying about its Bitcoin holdings to attract investor funds and continue accumulating BTC. A whistleblower made the accusation, but when approached by

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by David H. Shepardson
February 13, 2025February 14, 2025
Business/Crypto/International/Latest News

Bitcoin Price to Fall Below $94,000 as Donald Trump Announces Steel and Aluminum Tariffs

U.S. President Donald Trump has revealed plans to impose additional 25% tariffs on all steel and aluminum imports, marking a significant escalation in his trade policies and sparking concerns that the price

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by David H. Shepardson
February 10, 2025February 12, 2025
Business/Crypto/International/Latest News

ECB Seeks Faster Digital Euro Rollout Amid Trump’s Stablecoin Support

The European Central Bank (ECB) hopes that U.S. President Donald Trump’s push for stablecoins pegged to the U.S. dollar will accelerate legislative backing for the digital euro, ECB board member Piero Cipollone

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by Mary Davenport
February 7, 2025February 12, 2025
Business/Crypto/International/Latest News

Coinbase Urges U.S. Regulators to Clarify Crypto Banking Rules Amid New Era

Coinbase has renewed its call for U.S. banking regulators to provide clear guidance on how banks can offer cryptocurrency services and collaborate with digital asset firms. The crypto exchange’s push comes amid

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by David H. Shepardson
February 5, 2025February 14, 2025
Business/Crypto/International/Latest News

Gold Prices Hit Record High Amid Trade War Concerns, As Equities and Cryptocurrencies Fall

Gold prices reached an all-time high on Monday as investors sought refuge in the precious metal following U.S. President Donald Trump’s announcement of new tariffs on Canada, China, and Mexico. The tariffs

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by Mary Davenport
February 3, 2025February 14, 2025
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