Tag: Buy

Institutions Buy the Dip Amid October Crypto Market Shake

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Around two-thirds of institutional investors have a positive outlook for Bitcoin going into 2026, according to Coinbase.  “Most respondents are bullish on Bitcoin,” David Duong, head of research at Coinbase Institutional, wrote in a research report titled “Navigating Uncertainty.” Coinbase conducted an institutional investor survey with 124 respondents, finding that 67% of institutional investors had a positive outlook for Bitcoin (BTC) over the next three to six months.  It added that there was a “meaningful divergence” of opinion regarding where we are in the market cycle, with 45% of institutions…

Michael Saylor Hints at New Bitcoin Buy as Strategy Leads Treasuries

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Michael Saylor has once again hinted that his company, Strategy (formerly MicroStrategy), may be preparing to buy more Bitcoin, even as corporate Bitcoin treasuries face mounting pressure from a sharp drop in net asset values (NAV). In a Sunday post on X, Saylor shared a chart from the Saylor Bitcoin Tracker, showing Strategy’s cumulative Bitcoin (BTC) purchases. “The most important orange dot is always the next,” he also wrote.   The chart, tracking 82 separate purchase events, lists Strategy’s holdings at 640,250 BTC, worth around $69 billion at current prices, up…

Huobi Founder Raises $1B to Buy Ether: Report

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Li Lin, the founder of cryptocurrency exchange Huobi and chair of investment company Avenir Capital, has reportedly raised about $1 billion as part of a strategy to invest in Ether. According to a Bloomberg report on Friday, Li has partnered with Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai Wensheng to launch an Ether accumulation strategy through a Nasdaq-listed shell company. The project raised $1 billion, which included $500 million from HongShan Capital Group and $200 million from Avenir. With the support of the Ether…

Ripple Labs plans $1 billion digital asset treasury to buy XRP: Report

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Key Takeaways Ripple Labs is spearheading a $1 billion fundraiser aimed at accumulating XRP tokens. The initiative is part of Ripple’s strategy to place XRP at the heart of global financial system transformation. Share this article Blockchain payments firm Ripple Labs is spearheading a $1 billion fundraising initiative to acquire XRP, the native token of its blockchain network, Bloomberg reported today. The company is said to be setting up a digital asset treasury to manage its XRP reserves. Funding for the treasury will come from a SPAC, a type of…

Bitcoin Shows Signs That $110,000 is “Buy The Dip” Territory

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Key points: Bitcoin finally sees investors who are willing to “buy the dip” at prices around $110,000. Multiple support retests continue to grab trader attention. Bulls can still realize a bullish RSI divergence with a strong daily close. Bitcoin (BTC) kept up pressure on key support Thursday as buyer interest showed signs of a comeback. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC price brings back sub-$110,000 levels Data from Cointelegraph Markets Pro and TradingView showed BTC/USD wicking below $110,000 on Bitstamp. Exchange order-book liquidity on either side of the price was…

Q4 Setup Mirrors 2017 Bullish Breakout, Time To Buy?

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

TradFi, Whales Buy Sub-$200 SOL Ahead Of ETF Decision

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Key takeaways: 76% of retail traders are net long on Solana, a historically bullish signal. Treasury firms and institutions are accumulating SOL below $200. Whale activity is rising ahead of the spot SOL ETF decision on Oct. 16. Solana (SOL) prices under $200 could be an undervalued range, according to new data highlighting a rare bullish skew among retail traders. Onchain analytics platform Hyblock said that SOL is currently the only major crypto asset that has the highest percentile when it comes to true retail long percentage (TRA). The trading…

Status, Mechanics and How to Buy

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What is TDOG, and how does it work? 21Shares’ Dogecoin exchange-traded fund (ETF), TDOG, recently appeared on the DTCC’s Active and Pre-Launch list under the ticker TDOG. The listing connects brokers and clearing institutions in preparation for potential trading, but it does not indicate regulatory approval. The proposed TDOG/21Shares Dogecoin (DOGE) trust is intended to be physically backed (i.e., holding Dogecoin directly) and to issue shares designed to track DOGE’s price (less fees). The fund calculates its daily net asset value (NAV) using a multi-exchange Dogecoin price index. During market…

Avalanche Foundation-backed treasury firm to go public through $675 million merger deal, targeting $1 billion AVAX buy

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Key Takeaways Avalanche Treasury Co. (AVAT) will merge with Mountain Lake to create a public vehicle for AVAX exposure. AVAT offers institutional investors discounted access to AVAX and aims to accumulate over $1 billion in AVAX assets after going public. Share this article Avalanche Treasury Co. (AVAT), a dedicated digital asset treasury company designed to strengthen the Avalanche ecosystem, is set to go public through a merger deal with Mountain Lake Acquisition Corp. (MLAC) valued at over $675 million, according to a Wednesday statement. The transaction includes approximately $460 million…

Fitell Becomes Australia’s First Solana Treasury Firm With $10M Buy

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Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana for around $10 million. The Nasdaq-listed company closed Wednesday’s trading session at $6.65, only making a mere increase of 0.15% and closed the after-hours session at $6.66, according to Google Finance. Shares of Fitell dropped to $6.65 at the end of Wednesday’s trading session. Source: Google Finance. Fitell is now at least the fifth company this week that has seemingly disappointed its shareholders with crypto buying.  Earlier this week, shares of Medical device…