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News
Armstrong Calls Bitcoin Bottom as BTC Slides to $78,000 – Bitbo
4+ day, 5+ hour ago (283+ words) Coinbase Global chief executive Brian Armstrong says the worst of this bitcoin cycle is already behind the market. Speaking to Bloomberg Television in Singapore on Thursday, Armstrong framed his view around the rhythm of bitcoin’s four-year cycles and said prices…...
Strive Buys 1,375 Bitcoin at $79,281 as Stash Nears $2 Billion – Bitbo
6+ day, 5+ hour ago (234+ words) Strive disclosed another bitcoin purchase on Monday, buying 1,375 BTC for $109 million at an average price of $79,281 per coin. The company has stuck to the habit of announcing its purchases on the first business day of the week, the same cadence…...
UK's Biggest Retail Platform Now Sells Bitcoin ETNs
1+ week, 1+ day ago (222+ words) Hargreaves Lansdown, the U.K.’s largest retail investment platform, has begun selling nine bitcoin and ether exchange-traded notes to its two million clients. Annual fees run from 0% to 0.35%. The Bristol-based firm, which oversees more than $200 billion in assets, said the rule…...
BlackRock: Bitcoin's 50% Pullback Was a Reset, Not a Breakdown – Bitbo
1+ week, 6+ day ago (466+ words) BlackRock published a new research report titled “Re-Underwriting Bitcoin,” arguing that bitcoin’s roughly 50% decline from its October 2025 all-time high near $125,000 was driven by overleveraged positioning and flow rotation rather than any breakdown in its fundamental investment case. The report, authored…...
Strive Adds 1,800 BTC in $143M Purchase, Nears 24K Total
2+ week, 5+ hour ago (157+ words) Strive, the asset management firm co-founded by Vivek Ramaswamy, purchased 1,800 bitcoin between August 24 and 28 for approximately $143 million. The company paid an average price of roughly $79,400 per coin, including fees and expenses. The latest acquisition brings Strive’s total bitcoin holdings to…...
Saylor Hints Strategy Ready to Resume Bitcoin Buys – Bitbo
2+ week, 13+ hour ago (231+ words) Strategy co-founder Michael Saylor posted “We’re Back” on X over the weekend, a message the market widely reads as a prelude to the company’s next bitcoin purchase announcement. Saylor has a well-documented habit of posting cryptic weekend teasers that precede…...
Bitcoin Posts Largest Weekly Dollar Gain as Strive CEO Sees 'Strongest' Cycle – Bitbo
3+ week, 12+ hour ago (266+ words) Bitcoin recorded its largest dollar-denominated weekly gain in history, rising $14,264 to close the week ended Aug. 23 at $77,387—a 22.7% move in seven days. The rally was triggered by the U.S. Treasury Department’s announcement of an expansion to its buyback program, flipping…...
Ray Dalio Warns of US Debt Crisis, Recommends Gold and Bitcoin
3+ week, 2+ day ago (281+ words) Bridgewater Associates founder Ray Dalio said Treasury Secretary Scott Bessent’s plan to increase government debt buybacks is part of a broader pattern that could signal a looming US debt crisis. Dalio recommended investors reduce their exposure to bonds and instead…...
River Asks: Is Bitcoin's Bear Market Already Over? – Bitbo
3+ week, 4+ day ago (359+ words) Bitcoin exchange River published a newsletter on August 20 asking whether the current bear market has already ended, after bitcoin surged 12% over two days to hit $72,000—its highest price in nearly three months. River pointed to three factors behind the move....
BlackRock: Bitcoin's 50% Crash Was a Leverage Purge, Not a Reset – Bitbo
3+ week, 6+ day ago (372+ words) BlackRock has published an updated look at bitcoin’s investment case following the asset’s roughly 50% slide from its October 2025 peak above $124,000 to cycle lows below $60,000 in June 2026. The report, authored by digital assets heads Robert Mitchnick and Will Su, pins the…...