Tag: btc

MetaMask adds Bitcoin support, enabling BTC buying, swapping, and transferring

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Key Takeaways MetaMask now allows users to buy, swap, and transfer Bitcoin directly within its wallet. Bitcoin integration leverages multichain accounts and currently supports SegWit, with Taproot support coming soon. Share this article MetaMask today added Bitcoin support, allowing users to buy, swap, and transfer the digital asset within its wallet application. The update automatically generates a Bitcoin address for users who upgrade to the latest version of MetaMask through its multichain accounts feature. The wallet currently supports the native SegWit derivation path, with Taproot support planned for future release.…

American Bitcoin Overtakes ProCap as Corporate BTC Buying Accelerates

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Bitcoin’s months-long slide hasn’t stopped corporate treasury companies from accumulating the digital asset, with the Eric Trump-backed American Bitcoin overtaking ProCap Financial, founded by entrepreneur Anthony Pompliano, in total Bitcoin holdings. American Bitcoin has added more than 1,000 Bitcoin (BTC) to its reserves since the start of December, lifting its total holdings to 5,044 BTC, valued at roughly $443 million, according to data from industry tracker BitcoinTreasuries.NET. ProCap Financial, established to build a Bitcoin-focused financial platform and investment vehicle, has slipped to 22nd place among corporate holders, holding approximately 5,000…

Bitcoin Price Forecasts Call for New Lows as BTC Dips Under $87,000

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Bitcoin (BTC) fell under $87,000 after Monday’s Wall Street open as sellers liquidated $200 million of BTC longs. Key points: Bitcoin falls as low as $86,625 as a round of distribution accompanies the return of Wall Street. Consensus favors fresh lows before a potential BTC price recovery can take place. Strategy reveals another 10,000 BTC buy, this time at prices above $92,000. Bitcoin longs pay the price as market falls fast Data from Cointelegraph Markets Pro and TradingView captured a volatile start to the US TradFi trading week. BTC/USD one-hour…

Trump-backed American Bitcoin increases its Bitcoin holdings to 5,044 BTC

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Key Takeaways American Bitcoin Corp increased its Bitcoin holdings by 261 BTC to reach a total of 5,044 BTC. The company is now ranked 21st on the Bitcoin 100 list for largest holdings. Share this article American Bitcoin Corp, a Bitcoin mining and accumulation company backed by Donald Trump Jr. and Eric Trump, acquired 261 BTC, bringing its total holdings to 5,044 BTC. Another milestone unlocked! We’ve passed ProCap Financial in BTC holdings. All respect to @APompliano and team. A little friendly competition makes the climb even better! pic.twitter.com/gq9H4axMof —…

El Salvador’s Bitcoin stash surpasses 7,500 BTC as reserve build-up continues

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Key Takeaways El Salvador’s Bitcoin holdings have exceeded 7,500 BTC as it continues to build reserves. In addition to expanding its Bitcoin reserves, El Salvador is incorporating Bitcoin and blockchain technology into its education and financial sectors. Share this article El Salvador’s Bitcoin holdings have exceeded 7,500 coins worth over $670 million as the country continues to build its reserves, according to data from the National Bitcoin Office. The country maintains its policy of adding one BTC to its reserves each day regardless of market conditions. Bitcoin has been volatile…

Why Twenty One’s First-Day Slide Shows Waning Appetite for BTC Firms

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Key takeaways Twenty One Capital’s NYSE debut saw a nearly 20% drop, signaling cautious investor sentiment toward Bitcoin-heavy public listings. XXI traded close to its net asset value, suggesting the market did not assign a meaningful premium beyond the value of the firm’s Bitcoin holdings. The decline reflected broader market pressures, including Bitcoin volatility, fading enthusiasm for SPAC-backed listings and weakening mNAV premiums. The muted reaction suggests investors may now expect Bitcoin-focused firms to show clear, durable revenue models rather than relying primarily on large BTC holdings. The public debut…

BTC Analyst Explains Why $94K Has Been a Major Hurdle

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Bitcoin’s (BTC) price action remained underwhelming this week after another failed attempt to reclaim the monthly volume-weighted average price (VWAP), with BTC consolidating near $90,000 following the Federal Reserve’s 0.25% interest rate cut. The market continued to reject any meaningful push above $93,000, thereby limiting bullish momentum. Key takeaways: One Bitcoin analyst said that liquidity contraction is suppressing Bitcoin’s upside, reducing demand relative to sell pressure. $94,000 to $98,000 remained the critical liquidity pocket, but BTC must avoid forming a bearish break of structure below $88,000. Bitcoin one-day chart. Source:…

Long-dormant ETH wallet and major BTC holders move funds before Fed meeting

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Key Takeaways Large holders made significant ETH and BTC trades ahead of the Fed’s interest rate decision. SpaceX reportedly executed a large BTC transfer to Coinbase Prime Custody. Share this article Large holders are stepping up on-chain activity as the Fed’s interest-rate announcement approaches. According to Lookonchain, an early Ethereum ICO wallet holding 850 ETH, worth approximately $2.8 million, sent 1 ETH to Coinbase after ten years of dormancy. The wallet acquired its original stash for just $263, meaning the investment has appreciated more than 10,000% with ETH now trading…

American Bitcoin Corp acquires 416 BTC, boosting holdings to 4,783 BTC

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Key Takeaways American Bitcoin Corp acquired 416 BTC, raising its total holdings to 4,783 BTC. The acquisition announcement notes backing from Trump, highlighting growing support. Share this article American Bitcoin Corp purchased 416 Bitcoin, bringing its total holdings to more than 4,783 Bitcoin, valued at over $440 million at current market prices, according to a Wednesday press release. The company’s Satoshis Per Share metric rose more than 17% over the past month, as noted in the release. The team said the rapid reserve expansion demonstrates the strength of its accumulation…

BTC Breaks $94K Ahead Of FOMC, But This Metric Lags Price

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Bitcoin (BTC) bulls appear to be back in control of the short-term trend, pushing the BTC price above $94,000, despite underlying liquidity indicators raising a red flag. Key takeaways: Bitcoin has reclaimed $94,000, strengthening the short-term bullish structure after a few days of indecision. Bid-ask liquidity remained muted despite the breakout, indicating that buyers are stepping in but not yet in sufficient size. Bitcoin maintains uptrend ahead of FOMC meeting Bitcoin struggled to secure a decisive daily close above $93,000 following the initial break in structure on Dec. 3. With…