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News

Bitbo
bitbo.io > news > strive-buys-1375-bitcoin

Strive Buys 1,375 Bitcoin at $79,281 as Stash Nears $2 Billion – Bitbo

6+ day, 3+ 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…...

Google News
bitbo.io > news > strive-expands-bitcoin-treasury

Strive Adds 1,800 BTC in $143M Purchase, Nears 24K Total

2+ week, 3+ 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…...

Bitbo
bitbo.io > news > saylor-signals-strategy-bitcoin-return

Saylor Hints Strategy Ready to Resume Bitcoin Buys – Bitbo

2+ week, 12+ 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…...

Bitbo
bitbo.io > news > bitcoin-etfs-snap-inflow-streak

Bitcoin ETFs Snap 9-Day Inflow Streak With $202M Exit – Bitbo

2+ week, 1+ day ago   (173+ words) U.S. spot bitcoin exchange-traded funds recorded $201.8 million in net outflows on Friday, snapping a nine-session inflow streak that had pulled in more than $3 billion. The ARK 21Shares Bitcoin ETF (ARKB) accounted for the largest share of Friday’s outflows at $114.9 million. Bitwise’s BITB…...

Bitbo
bitbo.io > news > bernstein-bitcoin-300k-debasement

Bernstein Sees Bitcoin Hitting $300K by 2029 Cycle Peak – Bitbo

2+ week, 5+ day ago   (270+ words) Bernstein expects bitcoin to hit a new all-time high of $150,000 by mid-2027 before climbing to roughly $300,000 at the peak of its next cycle in 2029, framing the cryptocurrency as the leading beneficiary of what the firm calls the “debasement trade.” Analyst Gautam…...

Bitbo
bitbo.io > news > bitcoin-bull-market-cryptoquant

Bitcoin Enters 'Initial Phase' of Bull Market: CryptoQuant – Bitbo

2+ week, 5+ day ago   (341+ words) Bitcoin has entered the early stages of a new bull market after a 24% rally pushed key onchain and demand indicators into bullish territory, according to CryptoQuant. The firm’s Bull Score Index jumped to 80 from 30 over the past week, hitting its…...

Bitbo
bitbo.io > news > bitcoin-slips-below-80k

Bitcoin Slips Below $80K as Gold Cools on Falling Yields – Bitbo

2+ week, 5+ day ago   (311+ words) Bitcoin dropped below $80,000 during Tuesday’s Wall Street open after briefly touching 14-week highs of $81,265, as both crypto and gold retreated while US stocks posted modest gains. BTC/USD fell as low as $78,111 on Bitstamp, with the $80,000 zone proving difficult to…...

Bitbo
bitbo.io > news > bitcoin-largest-weekly-gain

Bitcoin Posts Largest Weekly Dollar Gain as Strive CEO Sees 'Strongest' Cycle – Bitbo

3+ week, 10+ 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…...

Bitbo
bitbo.io > news > fed-study-bitcoin-beliefs-ownership

Fed Study: Bitcoin Beliefs Drive Buying More Than Demographics – Bitbo

3+ week, 21+ hour ago   (436+ words) A new working paper from the Federal Reserve Bank of Cleveland finds that what Americans believe about bitcoin’s future returns matters far more than their demographics in determining whether they buy it. The study, titled “Do You Even Crypto, Bro?,…...

Google News
bitbo.io > news > dalio-debt-crisis-gold-bitcoin

Ray Dalio Warns of US Debt Crisis, Recommends Gold and Bitcoin

3+ week, 1+ 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…...