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News
Strive Buys 1,375 Bitcoin at $79,281 as Stash Nears $2 Billion – Bitbo
6+ day, 5+ hour ago (234+ words) Strive disclosed another bitcoin purchase on Monday, buying 1,375 BTC for $109 million at an average price of $79,281 per coin. The company has stuck to the habit of announcing its purchases on the first business day of the week, the same cadence…...
Saylor Hints Strategy Ready to Resume Bitcoin Buys – Bitbo
2+ week, 13+ hour ago (231+ words) Strategy co-founder Michael Saylor posted “We’re Back” on X over the weekend, a message the market widely reads as a prelude to the company’s next bitcoin purchase announcement. Saylor has a well-documented habit of posting cryptic weekend teasers that precede…...
Bernstein Sees Bitcoin Hitting $300K by 2029 Cycle Peak – Bitbo
2+ week, 5+ day ago (270+ words) Bernstein expects bitcoin to hit a new all-time high of $150,000 by mid-2027 before climbing to roughly $300,000 at the peak of its next cycle in 2029, framing the cryptocurrency as the leading beneficiary of what the firm calls the “debasement trade.” Analyst Gautam…...
Bitcoin Enters 'Initial Phase' of Bull Market: CryptoQuant – Bitbo
2+ week, 5+ day ago (341+ words) Bitcoin has entered the early stages of a new bull market after a 24% rally pushed key onchain and demand indicators into bullish territory, according to CryptoQuant. The firm’s Bull Score Index jumped to 80 from 30 over the past week, hitting its…...
Bitcoin Slips Below $80K as Gold Cools on Falling Yields – Bitbo
2+ week, 6+ day ago (311+ words) Bitcoin dropped below $80,000 during Tuesday’s Wall Street open after briefly touching 14-week highs of $81,265, as both crypto and gold retreated while US stocks posted modest gains. BTC/USD fell as low as $78,111 on Bitstamp, with the $80,000 zone proving difficult to…...
Fed Study: Bitcoin Beliefs Drive Buying More Than Demographics – Bitbo
3+ week, 23+ hour ago (436+ words) A new working paper from the Federal Reserve Bank of Cleveland finds that what Americans believe about bitcoin’s future returns matters far more than their demographics in determining whether they buy it. The study, titled “Do You Even Crypto, Bro?,…...
Bitcoin Surges as Trump Hints at Government Buying More BTC – Bitbo
3+ week, 4+ day ago (317+ words) Bitcoin surged past a six-week trading range after President Donald Trump hinted the U.S. government may buy more bitcoin and urged Congress to pass the Clarity Act, a crypto market structure bill now headed for a September vote. When asked at…...
Bitcoin Surges Past $69K After Treasury Doubles Buybacks – Bitbo
3+ week, 5+ day ago (286+ words) Bitcoin surged past $69,000 on Wednesday after the U.S. Treasury announced it would more than double the size of its long-dated debt repurchase operations, easing pressure on a bond market where yields had climbed to levels not seen since 2007. The Treasury Department…...