China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin.
Bitcoin news
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024.
Despite recent price corrections, Bitcoin’s valuation metrics still indicate a bull cycle ahead.
Bitcoin’s strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
Ethereum futures hit new records, possibly signalling a fresh bull run in ETH.
The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.
BTC price upside makes a confident return as chart analysis sees fresh odds of Bitcoin hitting $100,000 after all.
MIAX joins Nasdaq and NYSE in listing options on Bitcoin ETFs. Cboe will start in December.
Watford’s collaboration with Cointelegraph reinforces the club’s commitment to crypto, marking a new milestone in its crypto journey, which began in 2019.
Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.