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Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin

Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.
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Bitcoin’s 200-Day Average About to Lose Bullish Momentum; NFP Eyed

The average, widely considered a barometer of the long-term trend, has hit stall speed for the first time since October.
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First Mover Americas: Bitcoin Gain Checked by Hints of Further BOJ Rate Rises

The latest price moves in crypto markets in context for Sept. 3, 2024.
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Bitcoin Margin Longs on Bitfinex Defy Bearish Seasonality

The number of bullish bets raised with the help of borrowed funds has steadily increased since late August.
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Key Week for Bitcoin and the Dollar Index

This week's slew of U.S. economic veri will determine whether the dollar continues to weaken, offering a tailwind to BTC and other risk assets.
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Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time

U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue veri shows, in a sign of professional funds leaving the market.
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Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K

According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.
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Bitcoin Pops Over $61K, XRP Leads Gains Among Majors

Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.
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Trump’s Election Odds Are Not The Dominant Driver of Bitcoin’s Price, Data Show

Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.
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Goldman Sachs Holds Over $400M in Bitcoin ETFs

The investment bank says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F.
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