Bitcoin News

Bitcoin has made impressive strides recently, including the approval of a spot BTC ETF and a new all-time high earlier this year.

A growing number of top hedge funds are investing in Bitcoin ETFs, with 60% of the largest 25 firms now holding these assets, signaling a broader acceptance of cryptocurrencies by institutional investors.

BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and Binance, according to blockchain data.

It’s being reported that Tron (TRX) founder Justin Sun is likely exchanging BTC for WBTC.

A popular crypto analyst known as TechDev has observed that Bitcoin’s price trends seem to follow patterns similar to the Nikkei 225, a Japanese stock market index that tracks major companies on the Tokyo Stock Exchange.

Crypto investors should prepare for possible market turbulence following a recent warning from Wendy O, a leading crypto analyst.

Jack Mallers, CEO of the Bitcoin payment platform Strike, expects that recent federal actions will positively impact Bitcoin’s value.