The Government Pension Investment Fund (GPIF) of Japan, known as the world’s largest pension fund with assets totaling $1.5 trillion, has made headlines by revealing its intent to explore diversified investment opportunities that include Bitcoin. This move represents a significant departure from its traditional investment approach, which has primarily focused on conservative asset classes. The
Bitcoin
Bitcoin (BTC) recently experienced a significant price correction, dropping from its all-time high above $73,000 to an intraday low of $64,620 on March 17th. This sudden pullback has left investors questioning whether this is just a temporary setback or a sign of a more bearish future. Analysts have pointed to declining profitability and a decrease
In a surprising turn of events, the cryptocurrency market has been shaken by a sudden drop in Bitcoin prices. After a period of significant gains and all-time highs, Bitcoin has seen a drastic decrease, hitting a low of $65,000 within a week. This downturn has proven to be a major setback for investors, with the
The recent market plunge has left the crypto industry reeling, with hundreds of millions of dollars being wiped out in just a few hours. Bitcoin, which had been on a steady upward trend, suddenly plummeted to a weekly low of $67,500, causing panic among investors. This sudden drop also impacted altcoins, leading to a significant
Bitcoin (BTC) has been the talk of the town in the past few weeks, with its price skyrocketing to a new all-time high of $73,750. This surge, attributed to the pre-halving rally, has captured the attention of many investors in the cryptocurrency market. However, what goes up must come down, and BTC has experienced a
Bitcoin’s futures market is currently attracting attention due to the signs of bullish sentiment it is showcasing. Analysts are closely looking at the Bitcoin futures basis, which represents the difference between the futures price of Bitcoin and its spot price. Recent data indicates that this basis has risen to unprecedented levels since Bitcoin’s all-time high
Recent analysis from Bernstein, a private wealth management firm, has once again reiterated their previous Bitcoin prediction. They are confident that the cryptocurrency has a great potential to reach an impressive $150,000 by the year 2025. This forecast is based on the exponential surge that Bitcoin has been experiencing, with new all-time highs being reached
Bitcoin has experienced a significant downturn in price due to a massive crash that occurred on Friday. This crash, which drove the price below $66,000, had a cascading effect on the entire cryptocurrency market. The root cause of this abrupt decline can be linked to a reduction in inflows for Spot Bitcoin ETFs. Institutions, who
Dogwifhat, known as WIF in the cryptocurrency world, has defied expectations and climbed to the top of the Solana meme coin hierarchy. Starting as just another digital currency looking to make an impression, Dogwifhat skyrocketed in popularity through a community-driven fundraising campaign. With over $680,000 raised collectively, supporters of Dogwifhat secured a prime advertising spot
MicroStrategy, an American business intelligence and software development company, has recently announced its plans to acquire an additional Bitcoin by raising $500 million in convertible debt offerings. This move comes on the heels of the company’s recent purchase of 12,000 BTC, valued at approximately $821.7 million. With a total of 205,000 BTC in its possession,