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Showing posts with the label cryptocurrency investment

Analyst predicts a new Bitcoin all-time high next week 

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Bitcoin (BTC) is showing signs of recovery on Monday, October 27, as the Crypto Fear & Greed Index climbed to 51 and turned neutral for the first time since President Trump initiated new tariff wars with China a couple of weeks ago. As of the time of writing, the cryptocurrency is trading at $115,420, having advanced 2.60% in the past 24 hours, almost mirroring the 2.50% gain in the broader crypto market.  BTC 24-hour price. Source: Finbold A result of promising technical signals, macroeconomic relief, and renewed institutional inflows, the rally has allowed BTC to reclaim its 50-day exponential moving average (EMA) at $114,176. The $114,000 range also served as support, according to market analyst Ted Pillows, who now sees $118,000 as the next important target to keep an eye on. Should “digital gold” surge past that mark, Pillows predicts, we might see a new Bitcoin all-time high (ATH) as soon as next week. “Now, Bitcoin needs to reclaim the $118,...

IBIT The Most Profitable BlackRock ETF As The Bitcoin Fund Closes On $100B In Assets

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BlackRock’s IBIT is now the asset manager’s most profitable ETF (exchange-traded fund) by a wide margin as the fund nears $100 billion in net assets. Over the past year, IBIT has generated almost $245 million in fees. This performance beats the iShares Russell 1000 Growth ETF (IWF) and the iShares MSCI EAFE ETF (EFA)  by $25 million in annual revenue, according to Bloomberg ETF analyst Eric Balchunas.  Around the middle of July, IBIT was still ranked below IWF and EF in terms of revenue, previous X posts from Balchunas show. Other Top BlackRock ETFs Took A Decade To Get To Their Current Standing Blachunas also noted that every other BlackRock ETF in the firm’s top 12 list of funds in terms of fee revenue took approximately more than a decade to get to their current standing. In his post, Blachunas shared a screenshot of the ages of BlackRock’s top 12 ETFs and their respective annual revenue in dollars. This screenshot shows that other than IBIT, ...

Asia’s Bitcoin Giant Metaplanet Adds 780 BTC In Massive Crypto Bet

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BlackRock is buying 5 times more Ethereum than Bitcoin

BlackRock’s Ethereum (ETH) appetite appears far from satisfied. According to new on-chain intelligence data from Arkham, the world’s largest asset manager has bought $547 million worth of Ethereum in a single day, $50 million more than its Bitcoin (BTC) inflow over the same period.  BLACKROCK IS STILL BUYING MORE ETH THAN BTC BlackRock’s purchase of over half a billion dollars of ETH ($547M) exceeded its Bitcoin inflow ($497M) by $50 Million USD. Weighted by market cap, BlackRock is buying over 5 TIMES the amount of ETH compared to BTC. pic.twitter.com/fnvjvKXQ0N — Arkham (@arkham) July 18, 2025 The surge was detected via blockchain monitoring tools that track wallet movements tied to institutional investors, but the raw dollar figures tell only part of the story. When adjusted for market capitalization, BlackRock’s Ethereum purchases are over 5 times larger than its Bitcoin buys, a staggering imbalance that hints at deeper institutional conviction in ETH...

Michael Saylor dumped MSTR, STRF, STRK, STRD for latest bitcoin buy

For the first time ever, MicroStrategy admitted that over the course of a single week, it diluted all four classes of the company’s public securities . The liquidations are classed as accretive dilution because the sales allow the company to buy slightly more bitcoin (BTC) than the proceeds of its sales. This is only possible, of course, because investors bid up its shares to a premium to its BTC holdings, and founder Michael Saylor obviously hopes to continue attracting bids that maintain it. The company made $472 million in net proceeds by dumping shares of MSTR, STRK, STRF, and STRD at-the-market (ATM). By immediately diluting prior shareholders in each category, the company then bought the same amount of BTC. This confusing exercise — diluting shareholders to buy BTC for shareholders — has become commonplace at MicroStrategy.  By focusing on the 21 million supply cap of BTC and its potential for parabolic price appreciation, the company slowly adds r...

Vanadi Coffee Stock Soars After Bitcoin Treasury Plan

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Vanadi Coffee‘s Bitcoin treasury strategy has driven a remarkable 242% stock surge following shareholder approval of a €1.1 billion Bitcoin investment plan. The Spanish coffee chain’s Vanadi Coffee stock surge reflects growing investor confidence in corporate cryptocurrency adoption, despite the company’s ongoing financial challenges and also cryptocurrency market volatility concerns that many investors face right now. Vanadi Coffee official company document – Source: bmegrowth.es Also Read: JPMorgan Launches New Stock Market Forecast Model, Shocking Signal Vanadi Coffee Bitcoin Treasury Plan Drives Stock Surge Amid Market Volatility Vanadi Coffee Bitcoin Treasury Plan – Source: Tekedia The Vanadi Coffee Bitcoin treasury plan was unanimously approved by shareholders on June 29, 2025, and it authorized the board to pursue Bitcoin investment risks worth up to €1 billion. This ambitious strategy aims to transform the struggling Alicante-based coffee chain into...

Metaplanet Raises $515M To Buy More Bitcoin In Push To Hold 1% Of BTC Supply

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Tokyo-listed firm Metaplanet has raised 74.9 billion JPY, which is around $515 million, to buy more Bitcoin after it recently announced plans to acquire 1% of BTC’s 21 million supply. In a filing today, the company’s primary backer, EVO Fund, exercised 540,000 stock-acquisition rights, and converted them into 54 million new shares. This issuance represents 29% of the total rights issued in Metaplanet’s 20th warrant series, with about 1.31 million rights equal to 131 million shares still remaining. Metaplanet Seeks To Raise $5.4B To Grow Its Bitcoin Stockpile The large sale comes shortly after Metaplanet revealed its intentions to issue 555 million shares, which is around 92% of the total outstanding shares, to raise $5.4 billion in new capital. The proceeds from this raise will then be used to fund more Bitcoin purchases, the company said. That move is being dubbed the “555 Million Plan,” and is part of Metaplanet’s goal to amass 30,000 BTC by t...

Crypto will transcend international currencies — BlackRock CEO

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Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios. BlackRock CEO Larry Fink has delivered fresh remarks supporting cryptocurrencies' role in democratizing investing worldwide, pointing to growing interest among the company's clients in digital assets. "More and more of our global investors are asking us about crypto,” Fink said during an interview with CNBC's 'Squawk on the Street' on July 14. BlackRock is the world's largest asset manager, with over $8 trillion in assets spanning all types of investment products. In Fink's view, cryptocurrencies have a "differentiating value versus other asset classes" in helping diversify portfolios. "[...] It’s so international it’s going to transcend any one currency,” noted the executive. BlackRock's Larry Fink on the 'Squawk on the Street'. Source: CNBC Despite Fink's pro-crypto remarks during the interview, he declined to co...