Bitcoin News

MicroStrategy is rapidly surpassing its capital-raising goals as it continues expanding its Bitcoin holdings, according to Mizuho Securities.

The Czech National Bank (CNB) has approved a proposal to assess the possibility of expanding its investment portfolio, potentially including Bitcoin and other asset classes.

The crypto market is on the rise, with Bitcoin (BTC) climbing to $106,000, marking a 4.2% increase in the last 24 hours. Ethereum (ETH) also saw strong gains, jumping 5.6% to $3,270.

The European Central Bank (ECB) has reduced its deposit rate to 2.75%, marking its fifth cut since June in an effort to stimulate a sluggish eurozone economy.

JPMorgan analysts have found that Bitcoin’s performance closely mirrors small-cap tech stocks, particularly those in the Russell 2000 tech sector.

A well-known crypto analyst suggests that Bitcoin remains on track for further gains, even as the broader market shows signs of uncertainty.

Grayscale has launched the Bitcoin Miners ETF (MNRS), providing exposure to companies generating revenue from Bitcoin mining and related infrastructure.