Bitcoin is emerging as a recognised asset class, adopted by institutions and governments. Liquidity, rates, and retirement fund inflows fuel long-term BTC demand. Altcoins must outperform Bitcoin or risk being dead weight in a portfolio. The latest Tapping Into Crypto episode featured Ben Simpson, CEO of Collective Shift, who sharedContinue Reading
A new Hollywood conspiracy thriller, “Killing Satoshi”, is set to explore the mystery of Bitcoin’s creator, with Casey Affleck and Pete Davidson in leading roles. The film, which will be directed by Doug Liman of The Bourne Identity fame, is described as a “David and Goliath” story challenging the foundationsContinue Reading
Japanese firm Metaplanet has received shareholder approval to restructure its capital, a move designed to raise up to US$3.7 billion in new funding to expand its Bitcoin holdings. The new capital structure includes a dual-class preferred stock system, with Class A shares for fixed dividends and Class B shares convertibleContinue Reading
Bitcoin has declined 13% from its all-time high of US$123,640 (AU$188,620) and is currently trading near US$108,969 (AU$166,280). Analysts suggest that a potential cyclical floor for Bitcoin could form between US$93,000 and US$95,000 (AU$141,983–AU$145,037). Institutional accumulation remains robust, with corporate treasuries steadily increasing their holdings of Bitcoin and Ethereum. BitcoinContinue Reading
Eleven police officers and a parliamentarian are among 14 people sentenced to life in prison in India for their 2018 kidnapping and extortion of 34 Bitcoin from a businessman. The kidnappers, led by the local superintendent of police and a member of India’s Legislative Assembly, attempted to extort the businessmanContinue Reading
Prediction market traders on Polymarket are betting that Bitcoin will fall below US$100K before the end of 2025, with a 62% probability priced into the market. The betting contrasts with predictions that forecast a rally to as high as US$200K and it follows a recent large whale transaction that sawContinue Reading
To refocus on infrastructure, Hut 8 will move most Bitcoin mining operations to American Bitcoin. New US sites in Louisiana, Texas and Illinois add 1.53 GW of capacity. Analyst Mark Palmer raised Hut 8’s target to US$36 (AU$55.3), citing strong growth. Hut 8 Corp has announced that it will transferContinue Reading
An OG Bitcoin whale transferred 750 BTC, valued at around US$83 million, to Binance on August 27 sparking speculation they’re looking to take profits. The whale first acquired their bag of 5,000 BTC in 2013 at an average price of US$332. They’re now believed to have sold 1,750 BTC forContinue Reading
The price of BTC has slumped to its lowest levels since early July driven by profit taking and economic and political uncertainty weakening investor appetite for risk. Fading expectations of a September rate cut plus Trump’s moves to fire Fed Governor Lisa Cook have contributed to weakened market sentiment, whileContinue Reading
According to analyst Willy Woo, early Bitcoin whales who acquired coins for under US$10 are now offloading their holdings, with each BTC sold requiring over US$110,000 in new capital to be absorbed by the market. A major whale recently liquidated 24,000 BTC (US$2.7 billion) to acquire 416,598 ETH and stakedContinue Reading
