Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit
Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers.…
Trump Trade News Ignites Bitcoin Mania—$100K Coming?
Bitcoin approached the $100,000 threshold on Wednesday after teasing a big international trade deal by US President Donald Trump. The agreement, as reported by The New York Times, will be with the United Kingdom and is to be formally announced at the White House on Thursday. The cryptocurrency was at $99,200 as of publication, having…
Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows
China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on…
Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report
According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve. Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United…
Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025
Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, recently shared his insights on Bitcoin (BTC) and the broader cryptocurrency market. Speaking at the Bitcoin MENA 2024 Conference, Scaramucci predicted that China would likely establish a Bitcoin strategic reserve in 2025. Scaramucci Predicts China Will Follow the US Bitcoin Strategy The former White House Communications…