The Warsaw Stock Exchange (GPW) has officially listed the Bitcoin BETA ETF, giving investors in Poland their first opportunity to gain exposure to bitcoin through a regulated exchange-traded fund.

The newly listed ETF, managed by AgioFunds TFI SA, is designed to provide exposure to bitcoin through futures contracts listed on the Chicago Mercantile Exchange (CME). Importantly, the fund incorporates a foreign exchange (FX) risk hedging strategy, aiming to reduce investors’ exposure to fluctuations between the U.S. dollar and the Polish zloty. This makes it the first ETF on GPW to offer cryptocurrency exposure while managing currency volatility.

“GPW addresses investors’ expectations and follows the trend of diversifying asset classes available on the public market,” said Michał Kobza, Member of the Management Board of the Warsaw Stock Exchange. “Equally important, offering exposure to bitcoin through an ETF listed on GPW increases safety of trading as investors can participate in the cryptocurrency market using an instrument which is supervised, cleared, and subject to the transparency standards applicable to a regulated capital market.”

The ETF prospectus was approved by the Polish Financial Supervision Authority (KNF) on June 17, 2025. The approval granted AgioFunds TFI permission to issue both Series A and B investment certificates. To ensure liquidity, Dom Maklerski Banku Ochrony Środowiska S.A. has been designated as the market maker.

“Less than a month after our most recent new listing, we are introducing another ETF offering exposure to the world’s largest cryptocurrency in a regulated and effective manner,” stated Kazimierz Szpak, CEO of BETA TFI SA and BETA ETF Asset Manager at AgioFunds TFI SA. “The ETF is our response to the growing demand from investors for new asset classes. I believe that the Bitcoin BETA ETF will meet market expectations and will be welcomed by investors.”

The launch of the Bitcoin BETA ETF brings the total number of ETFs listed on the Warsaw Stock Exchange to sixteen. These include funds tracking Polish indices such as WIG20, mWIG40, and sWIG80, as well as international benchmarks like the S&P 500, Nasdaq-100, and DAX. The exchange also offers sector ETFs, leveraged ETFs, and inverse ETFs.

ETF adoption in Poland has been growing rapidly. According to GPW data, turnover in ETFs has reached PLN 1.9 billion year-to-date, representing a 94.2% increase compared to the same period last year.

By listing its first Bitcoin ETF, GPW joins global capital markets that have already embraced Bitcoin-based products. The listing reflects rising demand from institutional and retail investors seeking regulated pathways to access bitcoin as an asset class, while also strengthening Poland’s position in the rapidly evolving ETF landscape.

This post Warsaw Stock Exchange Debuts Bitcoin BETA ETF, Expanding Crypto Market Access first appeared on Bitcoin Magazine and is written by Nik.

The Federal Reserve cut interest rates by a quarter percentage point on Wednesday, lowering its benchmark federal funds rate to a target range of 4.00% to 4.25%. The move, widely anticipated by markets, marks the central bank’s first rate reduction in years and reflects growing concern over slowing job growth and heightened downside risks to the U.S. economy.

In its statement, the Federal Open Market Committee (FOMC) noted that “recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up but remains low. Inflation has moved up and remains somewhat elevated.”

The Fed emphasized its dual mandate of maximum employment and stable prices but acknowledged that “uncertainty about the economic outlook remains elevated” and that “downside risks to employment have risen.”

The decision to cut rates by 25 basis points was backed by 11 committee members, including Chair Jerome Powell. One dissent came from Stephen I. Miran, who argued for a larger 50-basis-point reduction.

Bitcoin Reacts to the Fed Cut

Following the announcement, Bitcoin (BTC) rose slightly above $116,000, according to data from Bitcoin Magazine Pro. The move reflects investor sentiment that looser monetary policy could support risk assets, including cryptocurrencies such as Bitcoin.

Market analysts pointed to Bitcoin’s quick reaction as a sign of its growing role as a macro-sensitive asset. While the S&P 500 and Nasdaq posted modest gains, Bitcoin’s price spike underscored how digital assets may benefit disproportionately from expectations of easier financial conditions.

Policy Outlook

The Fed stressed that further adjustments will depend on incoming data. “In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks,” the statement read.

The FOMC also reaffirmed its commitment to quantitative tightening, continuing to reduce its holdings of Treasury securities and mortgage-backed assets.

Looking ahead, traders are now pricing in the possibility of additional cuts if inflation continues to moderate and the labor market weakens further, according to Bloomberg. Powell is expected to expand on the Fed’s outlook in his press conference later today.

With this latest move, the central bank has signaled a cautious pivot toward easing. For Bitcoin, the response suggests that digital assets may be among the early beneficiaries of the Fed’s first steps toward looser policy.

This post Federal Reserve Cuts Interest Rates by 25 Basis Points; Bitcoin Climbs Above $116,000 first appeared on Bitcoin Magazine and is written by Nik.

Chipper Cash, one of Africa’s leading fintech companies, announced today that more than 50% of all Bitcoin transactions on its platform now run over the Lightning Network, marking one of the most significant real-world deployments of Lightning to date.

The company, which serves millions of consumers and businesses across Africa, has been using Lightning through infrastructure provider Voltage to deliver faster, cheaper, and more reliable payments. This achievement well showcases the growing importance of Bitcoin’s Lightning Network as a viable everyday payment rail in markets where legacy systems often struggle.

“Lightning-enabled payments have the potential to empower and accelerate greater, more reliable financial access across Africa,” said Maijid Moujaled, Cofounder and President of Chipper Cash. “Voltage’s reliable infrastructure reduces the complexity of building on Lightning, allowing us to focus on scale. With Voltage, Lightning can truly become the backbone for global, real-time payments by delivering near-instant settlement at low cost for people and businesses that need it most.”

Founded in 2018 as a peer-to-peer remittance platform, Chipper Cash has since evolved into a fully licensed fintech provider, offering cross-border payments, virtual cards in partnership with Visa, stock investing, and stablecoin rails. Lightning has quickly become central to that expansion. What began as a weekend discovery by Moujaled himself has grown into continent-wide adoption, fueled largely by word of mouth.

One Chipper Cash customer described Lightning simply: “It’s like discovering fire,” highlighting the speed and reliability compared to traditional methods.

Across much of Africa, financial infrastructure is plagued by outages and delays, according to the company. Even after years of operation, fiat partners continue to experience downtime. Lightning, in contrast, delivers near-instant, always-on payments. For markets accustomed to unreliable systems, this represents a leap forward in financial accessibility.

Key success metrics from Chipper Cash’s Lightning rollout include:

• Over 50% of Bitcoin transactions are now powered by Lightning.
  
• Adoption fueled organically through customer referrals.
  
• Faster, smoother cross-border and domestic payment experiences.
  
• Stronger resilience compared to fiat rails.
  

The integration also enables interoperability with Strike, Cash App, and other Lightning-powered platforms, broadening Chipper’s reach globally. Recently, the company launched Chessa, enabling remittances via crypto rails with instant settlement into over 25 local fiat currencies. Lightning sits at the core of this offering.

“What Chipper Cash is doing with Lightning proves that emerging markets can leapfrog outdated payment rails,” said Graham Krizek, CEO of Voltage. “With Voltage powering certain parts of their infrastructure, they’ve unlocked instant, global, and low-cost payments that work every time, everywhere.”

By integrating Lightning as part of its payments infrastructure, Chipper Cash has positioned itself as a continental leader in Bitcoin adoption. With growing customer demand and support from Voltage, the company is showcasing how African fintechs can leapfrog outdated systems and deliver next-generation financial services today.

This post Africa’s Chipper Cash Adopts Lightning at Scale: 50% of Bitcoin Transactions Now Instant and Low-Cost first appeared on Bitcoin Magazine and is written by Nik.

Metaplanet Inc. (TSE Standard: 3350) has announced the successful pricing and upsizing of its international share offering, raising JPY 205 billion (~USD 1.4 billion) to fuel its ongoing Bitcoin-first treasury strategy.

The company confirmed that 385 million new shares will be issued at JPY 553 per share, generating a total issue price of JPY 212.9 billion. After deducting fees, the total amount paid in will reach JPY 205.3 billion, of which JPY 204.1 billion will be allocated directly to Bitcoin-related initiatives.

In a statement, CEO Simon Gerovich said: “Metaplanet has finalized its international offering, upsized from 180M underwritten to 385M shares. Total raise: JPY 205B (~USD 1.4B). More Bitcoin purchases incoming.”

Expanding the Bitcoin Treasury

According to the release, JPY 183.7 billion of the proceeds will be used to purchase Bitcoin between September and October 2025, significantly increasing Metaplanet’s holdings. As of September 1, 2025, the company already holds 20,000 Bitcoin, valued at approximately JPY 322 billion.

Metaplanet first announced its treasury transformation in May 2024, committing to adopt Bitcoin as its primary reserve asset. The move was designed to hedge against Japan’s prolonged negative real interest rates, high national debt, and ongoing yen depreciation.

Income Generation from Bitcoin

The remaining JPY 20.4 billion from the offering will be allocated to the company’s Bitcoin Income Generation Business, which generates yield through Bitcoin options trading. In Q2 FY2025, this segment produced JPY 1.9 billion in revenue, highlighting its role as a complementary revenue driver to Bitcoin accumulation.

Metaplanet stated that these allocations will help the company achieve sustained profitability while strengthening its Bitcoin-focused treasury model.

Strengthening Market Position

The offering also marks a substantial increase in Metaplanet’s capital base, with capital stock and capital surplus each rising by JPY 102.6 billion. Following the issuance, the company’s total outstanding shares will increase from 755.9 million to 1.14 billion shares.

By executing one of the largest Bitcoin-focused capital raises in Asia, Metaplanet positions itself as a leading corporate pioneer in Bitcoin adoption. The firm aims to set an example for other listed companies across Japan and Asia seeking to manage inflation risks and currency devaluation through digital assets.

For those interested in hearing more about Metaplanet, check out the video below where Gerovich explains how the company became the number one traded stock in Japan:

This post Metaplanet Raises $1.4 Billion to Expand Bitcoin Treasury in Upsized International Share Offering first appeared on Bitcoin Magazine and is written by Nik.

Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, announced plans to launch Cboe Continuous futures for bitcoin and ether beginning November 10, 2025, pending regulatory review. The new product marks a major expansion of Cboe’s digital asset roadmap, introducing a U.S.-regulated alternative to perpetual-style futures widely traded in offshore markets.

The launch will take place on Cboe Futures Exchange (CFE) and is designed to give traders long-term, simplified access to bitcoin and ether price exposure in a centrally cleared environment.

Unlike traditional futures contracts, which typically expire on a quarterly basis and require rolling, Cboe Continuous futures will be structured as single, long-dated contracts with a 10-year expiration. These contracts will be cash-settled and adjusted daily in line with real-time spot prices of bitcoin and ether, using what the company describes as a transparent and replicable funding rate methodology.

At the HOOD Summit in Las Vegas, Catherine Clay, Global Head of Derivatives at Cboe, highlighted the significance of the new offering:

“Perpetual-style futures have gained strong adoption in offshore markets. Now, Cboe is bringing that same utility to our U.S.-regulated futures exchange and enabling U.S. traders to access these products with confidence in a trusted, transparent and intermediated environment. We expect Continuous futures to appeal to not only institutional market participants and existing CFE customers, but also to a growing segment of retail traders seeking access to crypto derivatives. As we continue to expand CFE’s offerings to serve all types of market participants, these futures are a next step to advancing our product innovation roadmap.”

The launch underscores Cboe’s efforts to diversify its CFE product suite, which currently includes its flagship Cboe Volatility Index (VIX) futures and other products tied to equity volatility, digital assets, and global fixed income.

Cboe confirmed that the new bitcoin and ether Continuous futures will be cleared through Cboe Clear U.S., a CFTC-regulated derivatives clearing organization. This move positions Cboe to scale its global clearing capabilities and strengthen its role in the evolving crypto derivatives market.

As part of its rollout, The Options Institute will host educational sessions on Continuous futures on October 30 and November 20, open to the public. Interested participants can register through Cboe’s website.

With this initiative, Cboe continues to solidify its position at the intersection of digital assets and traditional finance, aiming to create a more robust and regulated ecosystem for institutional and retail traders alike.

This post Cboe, World’s Leading Derivatives Exchange, to Launch Continuous Bitcoin Futures for U.S.-Regulated Market first appeared on Bitcoin Magazine and is written by Nik.

Today, Sora Ventures announced the launch of Asia’s first Bitcoin treasury fund, unveiled during Taipei Blockchain Week. The fund, backed by a $200 million commitment from partners and investors across the region, aims to purchase $1 billion worth of Bitcoin within the next six months, according to a press release sent to Bitcoin Magazine.

This new fund follows the individual Bitcoin treasury firms that have emerged across Asia in recent years — including Japan’s Metaplanet (TYO:3350), Hong Kong’s Moon Inc. (HKG:1723), Thailand’s DV8 (SET:DV8), and South Korea’s BitPlanet (KOSDAQ:049470). While those companies hold bitcoin directly on their own balance sheets, the Sora Ventures treasury fund will act as a central pool of institutional capital designed to both support these existing firms and fuel the creation of similar treasuries globally.

By doubling down on Asia’s early Bitcoin treasury pioneers while expanding outward, the fund aims to create synergies between regional and international treasuries, strengthening Bitcoin’s role as a reserve asset across markets. Led by Sora Ventures’ management team, the initiative will also bring in new institutional partners to broaden resources and expand the network of Bitcoin treasury companies operating in Asia.

Luke Liu, Partner at Sora Ventures, emphasized the uniqueness of the initiative, stating, “This is the first time that Asia has seen a commitment of this magnitude toward building a network of Bitcoin treasury firms, with capital commitment towards Asia’s first $1 billion treasury fund.”

Historically, the largest Bitcoin treasury funds and corporate adoption have been concentrated in the U.S. market. Now, Asia is positioning itself as a serious contender for institutional Bitcoin investment. Jason Fang, founder and Managing Partner at Sora Ventures, highlighted the shift: “Asia has been one of the most important markets for the development of blockchain technology and Bitcoin. We have seen a rise in interest from institutions investing in Bitcoin treasuries in the U.S. and EU, while in Asia efforts have been relatively fragmented. This is the first time in history that institutional money has come together, from local to regional, and now to a global stage.”

In 2024, Sora Ventures invested in Metaplanet, Japan’s first Bitcoin treasury, supporting its allocation of ¥1 billion (approximately $6.56 million) to bitcoin. In 2025, the firm acquired Moon Inc. in Hong Kong, DV8 in Thailand, and partnered in acquiring BitPlanet in South Korea — each deal designed to replicate and scale Bitcoin-first treasury models across Asia.

With Asia’s institutional landscape now aligning around Bitcoin adoption, the new $1 billion fund represents a significant step toward mainstream recognition of Bitcoin as a treasury reserve asset in global markets.

This post Sora Ventures Launches Asia’s First Bitcoin Treasury Fund, Plans to Buy $1 Billion in BTC Within 6 Months first appeared on Bitcoin Magazine and is written by Nik.

U.S. Bank announced today that it has officially resumed its cryptocurrency custody services for institutional investment managers, reopening a program first introduced in 2021. The service, which is being relaunched as an early access program for Global Fund Services clients, is designed to provide secure safekeeping solutions for bitcoin, with NYDIG serving as the sub-custodian.

The decision comes after years of regulatory uncertainty, with U.S. Bank citing a clearer framework for digital assets as a key factor in relaunching the program. In addition to providing custody for bitcoin directly, the bank has expanded its offering to include custody services for bitcoin exchange-traded funds (ETFs).

Stephen Philipson, vice chair of U.S. Bank Wealth, Corporate, Commercial and Institutional Banking, highlighted the bank’s pioneering role in digital finance. “We’re proud that we were one of the first banks to offer cryptocurrency custody for fund and institutional custody clients back in 2021, and we’re excited to resume the service this year. Following greater regulatory clarity, we’ve expanded our offering to include bitcoin ETFs, which allows us to provide full-service solutions for managers seeking custody and administration services.”

NYDIG, a vertically integrated bitcoin financial services and power infrastructure firm, will act as the primary bitcoin sub-custodian for the program. Tejas Shah, CEO of NYDIG, said the partnership underscores the convergence of traditional finance with the digital asset economy. “NYDIG is honored to partner with U.S. Bank as its primary provider for bitcoin custody services. Together, we can bridge the gap between traditional finance and the modern economy by facilitating access for Global Fund Services clients to bitcoin as sound money, delivered with the safety and security expected by regulated financial institutions.”

The relaunch reflects U.S. Bank’s ongoing strategy to expand its digital capabilities for institutional clients. Dominic Venturo, senior executive vice president and chief digital officer, said the initiative positions the bank at the forefront of innovation. “U.S. Bank has been at the forefront of exploring how digital assets can serve our clients. Further expanding our capabilities unlocks new opportunities to deliver innovative solutions to those we serve. U.S. Bank will continue to drive progress and shape the future of what matters for our clients in digital finance.”

U.S. Bank Wealth, Corporate, Commercial and Institutional Banking currently manages more than $11.7 trillion in assets under custody and administration as of June 30, 2025. The bank’s services span fund custody, ETF and alternative investment administration, asset management, corporate trust, and wealth management solutions.

Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank, with approximately 70,000 employees and $686 billion in assets. Recognized for digital innovation and client service, U.S. Bank has also earned recognition as one of the 2025 World’s Most Ethical Companies and one of Fortune’s most admired superregional banks.

This post U.S. Bank Resumes Bitcoin Custody Services for Institutional Investors, Adding Support for Bitcoin ETFs first appeared on Bitcoin Magazine and is written by Nik.

Coinbase is taking a bold step into new territory with the announcement of its Mag7 + Crypto Equity Index Futures, set to launch on September 22. The new product marks a historic first in the U.S. derivatives market by offering investors simultaneous exposure to both the “Magnificent 7” tech stocks and leading cryptocurrency ETFs.

“We’re launching the first US futures that give exposure to the top US tech stocks and crypto at the same time,” said Brian Armstrong, CEO of Coinbase. “We’ll launch more products like this as part of the everything exchange. Coming on September 22.”

A First-of-Its-Kind Futures Product

Until now, no U.S.-listed derivative provided exposure to equities and cryptocurrencies in a single contract. Coinbase Derivatives describes the new futures as a “diversified, capital-efficient tool” designed to serve investors seeking innovation-focused, multi-asset products.

The contracts are positioned to address three core needs:

• Thematic Exposure to Innovation & Growth: Capturing the performance of transformative technology leaders and blockchain-native assets.
  
• Diversification in a Unified Product: Providing exposure across asset classes that have traditionally traded separately.
  
• Strategic Risk Management: Offering new ways to hedge portfolios against multi-asset risks.
  

Inside the Mag7 + Crypto Equity Index

The underlying Mag7 + Crypto Equity Index is evenly weighted across ten components:

• Magnificent 7 Stocks: Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA)
  
• Coinbase (COIN) Stock
  
• Cryptocurrency ETFs: iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA)
  

Each of the 10 assets will carry a 10% weighting, with the index rebalanced quarterly to reflect market changes. MarketVector has been named as the official index provider.

Trading Details

Mag7 + Crypto Equity Index Futures will be monthly, cash-settled contracts. Each contract represents $1 x the Index, meaning that if the Index is priced at $3,000, the notional value of a contract will be $3,000.

Coinbase says further details about trading access on partner platforms will be released soon, with an expansion to retail investors planned in the months ahead.

The move highlights Coinbase’s ongoing effort to expand beyond single-asset offerings into broader, multi-asset derivatives. By bridging equities and digital assets, Coinbase aims to carve out a unique position in the evolving U.S. derivatives market, appealing to investors who increasingly seek products at the intersection of traditional finance and crypto innovation.

This post Coinbase to Launch Mag7 + Crypto Equity Index Futures on Sept 22, Featuring Apple, Tesla, and Bitcoin Exposure first appeared on Bitcoin Magazine and is written by Nik.

The U.S. government has officially begun publishing gross domestic product (GDP) data on public blockchains. According to Bloomberg, the Commerce Department’s announcement on Thursday brings blockchain into the core of America’s economic reporting, making GDP available on nine networks including Bitcoin, Ethereum, and Solana.

Commerce officials emphasized that the blockchain rollout is not a replacement for traditional economic data releases, but rather “another avenue” for distribution, according to Bloomberg. The move, however, carries significant symbolic weight, as it effectively places the government’s seal of approval on technology once viewed with deep skepticism in Washington.

“The entire administration has embraced this,” said Mike Cahill, chief executive officer of Douro Labs, who confirmed he has been working with the Commerce Department on the initiative for the past two months. “With today’s announcement we are now in a world where government data lives on blockchains, and market participants can participate in real time.”

The blockchain initiative involves posting cryptographic hashes of GDP data, which serve as digital fingerprints to verify the information’s integrity. While limited in scope initially, Commerce Department officials confirmed that President Donald Trump’s administration intends to expand the program further, Bloomberg reported.

Commerce Secretary Howard Lutnick spearheaded the project, telling Trump earlier this week that statistics would be issued via blockchain “because you are the crypto president.” Lutnick has previously suggested reshaping GDP reporting by removing the impact of government spending.

The initiative reflects a sharp departure from the prior administration. Under former President Joe Biden, regulators adopted a cautious stance toward crypto, often clashing with exchanges and imposing restrictions on digital assets. In contrast, Trump has moved quickly to integrate Bitcoin into government policy. Since taking office, he has created a U.S. Bitcoin reserve, stockpiled coins such as Ether and Solana, signed legislation regulating stablecoins, and appointed crypto-friendly regulators who ended enforcement actions against Coinbase.

Trump’s family has also deepened its presence in the digital asset space, backing ventures such as World Liberty Financial. The industry’s growing political clout is evident: crypto firms donated heavily to Trump’s reelection campaign and contributed over $133 million to super PACs supporting pro-crypto candidates in 2024, according to OpenSecrets.

By leveraging public blockchains, the Commerce Department joins other agencies experimenting with crypto technology. The Department of Homeland Security has considered blockchain for airport passenger screening, while California’s DMV has digitized car titles on crypto, according to Bloomberg.

As Trump positions himself as the “crypto president,” the adoption of blockchain for GDP distribution signals a profound shift in U.S. economic policy—and further cements Bitcoin as a powerful political and financial force in Washington.

This post Historic First: U.S. Government Posts GDP Data on Bitcoin Blockchain first appeared on Bitcoin Magazine and is written by Nik.

The price of Bitcoin has plunged below $110,000 in the past 24 hours, marking one of its steepest corrections in weeks. According to data from Bitcoin Magazine Pro, the world’s largest cryptocurrency dropped to $108,890 and remains below the $110,000 threshold at the time of writing. The decline represents a sharp sell-off from just last Friday, when Bitcoin traded as high as $117,000, before tumbling to $109,894 over the weekend.

The downward momentum was accelerated by a massive whale sale. Over the weekend, a single Bitcoin holder offloaded 24,000 BTC worth more than $2.7 billion, sparking additional selling pressure and driving the price lower. The large transaction caused heightened volatility and weighed heavily on market sentiment.

Despite the sharp move down, sentiment has not yet tipped fully into fear. The Bitcoin Fear and Greed Index, a widely watched market sentiment tool, currently sits at 48/100, which is categorized as “neutral” but hovers just above “fear.”

The Fear and Greed Index is a tool that helps investors and traders analyze the Bitcoin and Crypto market from a sentiment perspective. It identifies the extent to which the market is becoming overly fearful or overly greedy. Hence why it is called the Fear and Greed Index.

Bitcoin Magazine Pro explains that the Index helps investors separate their emotions from broader market reactions, offering insights into when assets may be overbought or oversold. Scores near zero reflect “extreme fear,” while scores close to 100 represent “extreme greed.” With Bitcoin currently at 48, sentiment is edging toward concern but has not yet fully entered bearish territory.

Meanwhile, underlying network fundamentals remain strong despite price weakness. Bitcoin’s hash rate—a measure of the total computational power securing the network—is approaching a new record high. The current daily value stands at 909,080,589 Th/s, just shy of the all-time high of 1,084,828,947 Th/s set on August 4 when Bitcoin was trading at $115,149.

Long-term holders may find reassurance in historical profitability data. Bitcoin Magazine Pro notes that holding Bitcoin has been profitable for 99.1% of its existence:

• Number of profitable days: 5,437
  
• Total number of days tracked: 5,487
  
• Percent of profitable days: 99.1%
  

While the recent drop below $110,000 has rattled short-term traders, Bitcoin’s track record and network strength suggest resilience. Investors will be closely watching whether the Fear and Greed Index shifts further into fear territory, and if whales continue to unload large holdings, potentially adding more turbulence to the market in the coming days.

This post Bitcoin Price Crashes Below $110,000 After Whale Sold 24,000 BTC first appeared on Bitcoin Magazine and is written by Nik.