Tag: Bitcoin

Metaplanet Raises $50M in Zero-Interest Bonds to Buy Bitcoin

admin

Tokyo-listed Metaplanet has issued 8 billion Japanese yen ($50 million) in zero-interest bonds to EVO FUND, with the proceeds earmarked for additional Bitcoin purchases, according to a Thursday filing. According to the filing, the 20th series of ordinary bonds matures in April 2027 and is unsecured, giving Metaplanet another source of zero-interest funding as it expands one of the largest corporate Bitcoin treasuries in the market. EVO FUND, a Cayman-based fund at the core of Evolution Financial Group, specializes in structured financings for digital asset-focused companies and is the main…

Bitcoin Price Strengthens, Fresh Upside Targets Come Into View

admin

Bitcoin price started a fresh increase and cleared the $78,000 zone. BTC is consolidating and might aim for more gains above the $78,550 level. Bitcoin managed to stay above $77,000 and started a fresh increase. The price is trading above $77,800 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $78,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $77,200 and $77,000 levels. Bitcoin Price Eyes Fresh Upside…

Bitcoin Bulls Fight For Bull Market Support Band Into Weekly Close

admin

Bitcoin (BTC) slipped from near three-month highs on Thursday as attention turned to the weekly close. Key points: Bitcoin retraces after its latest trip to its highest levels in several months. The upcoming weekly candle close is of particular interest as price eyes its bull market support band. A macro lull comes ahead of a deluge of US inflation data next week. Bitcoin bull market support band returns after six months Data from TradingView showed BTC/USD dropping to $77,200 prior to the Wall Street open. The pair hit $79,500 the…

Bitcoin Price Rally Nears $80K, Dips May Draw Fresh Buyers

admin

Bitcoin price started a fresh increase and cleared the $77,500 zone. BTC is consolidating and might aim for more gains above the $79,500 level. Bitcoin managed to stay above $76,500 and started a fresh increase. The price is trading above $77,200 and the 100 hourly simple moving average. There is a short-term declining channel forming with resistance at $78,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $77,150 and $76,650 levels. Bitcoin Price Regains Traction Bitcoin…

Bitcoin, Ether Rally Higher As US Monetary Plan Excites Bulls

admin

Key takeaways: US government bailout plans and currency swap lines with the UAE are easing global liquidity fears and lowering credit crisis risks. Record Bitcoin ETF inflows and rising BTC miner profits suggest strong bullish momentum despite the ongoing war in Iran. The total cryptocurrency market capitalization surged to an 11-week high on Wednesday as Bitcoin (BTC) climbed to $79,000 and Ether (ETH) reached $2,400. The bullish momentum occurred as investors grew more confident that immediate US recession risks were fading, despite sustained high oil prices resulting from the war…

Bitcoin Futures Data Show Traders Positioning For Rally Above $80K

admin

Bitcoin (BTC) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market positioning metric and a surge in leverage use.  A combined view of the market positioning metric and open interest shows new positions are being added, potentially influencing BTC’s push toward new highs. BTC positioning builds with rising leverage Bitcoin researcher Axel Adler Jr. said that the Bitcoin positioning index has turned higher, with its 30-day average rising to 4.5 from -10.9 in February.…

Bitcoin Trades Near $80K As Altcoins Attempt To Break Range

admin

Key points: Bitcoin’s rise above the $78,333 resistance opens the door for a rally to $84,000. Several major altcoins are attempting to rise above their resistance levels, signaling aggressive buying at lower levels. Bitcoin (BTC) rallied above $79,000, indicating that the bulls are back in the game. Crypto market intelligence platform Decode said in a post on X that BTC was ready for a short squeeze, waiting for the bulls to light a fuse in a loaded cannon. Select analysts expect the current relief rally to pick up strength. CryptoQuant…

Iran ceasefire boosts Bitcoin speculation, $80K contract surges

admin

The Iran ceasefire has doubled Bitcoin’s odds on Polymarket, with the Bitcoin $80,000 in April contract now at 76% YES, up from 36% just 24 hours ago. Market reaction The connection between the ceasefire and Bitcoin is less about geopolitical stability than a shift in risk appetite. With the immediate threat of US-Iran conflict reduced, traders are rotating into speculative assets. The Bitcoin $80,000 market saw a 4-point spike at 5:25 AM, pointing to a single large buy rather than gradual accumulation. The Bitcoin $150,000 market sits at 0.1% YES,…