Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.
Bitcoin news
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000.
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell.
Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining, and self-custody, according to Galaxy Research.
Bitcoin rallied to $66,300 today, but definitive proof of a structural trend change remains in question.
Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
Bitcoin bulls waste no time continuing a rebound, which has now delivered BTC price gains of over 3% for October.
Bitcoin price is up today, but the bull’s ability to hold the 200-day SMA support could determine where BTC goes next.
Bitcoin analysts have become optimistic about the asset’s price amid its surge beyond $64,000, with some believing the “summer lull is behind us.”
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.