Bitcoin News

The post Sequans Plans $200M Raise to Boost Bitcoin Treasury appeared on BitcoinEthereumNews.com. The Paris-based firm currently owns 3,171 BTC worth about $349 million, and plans to use the proceeds to expand its reserves toward its long-term goal of 100,000 BTC by 2030. If fully executed, the program could boost its holdings to nearly 5,000 BTC, putting it on par with companies like Semler Scientific. The move comes as Bitcoin trades around $109,866, down from its mid-August all-time high, and amid rising competition from Ethereum treasury firms fueling ETH’s surge. Meanwhile, Michael Saylor’s Strategy added another 3,081 BTC last week, bringing its total to over 632,000 BTC despite a slower August accumulation pace. Sequans Pushes Bitcoin Treasury Growth French semiconductor company Sequans Communications took a bold step in its Bitcoin treasury strategy by filing for a $200 million at-the-market equity offering with the US Securities and Exchange Commission (SEC). The program will enable the Paris-based 4G and 5G chipmaker to issue American Depositary Shares (ADS) at its discretion, and the proceeds will primarily be used to expand its Bitcoin holdings. CEO Georges Karam said the move will be deployed “judiciously” to strengthen the company’s balance sheet, enhance Bitcoin per share, and deliver long-term value for shareholders. Sequans currently holds 3,171 BTC, which is worth approximately $349 million at current prices. This makes it Europe’s second-largest corporate Bitcoin holder behind Germany’s Bitcoin Group SE, which owns 12,387 BTC.   The company first unveiled its plan to use Bitcoin as a core treasury reserve in June, and set an ambitious goal of accumulating 100,000 BTC by 2030. If fully executed, the new equity program could add 1,814 BTC at current market prices, pushing Sequans’ total reserves close to 5,000 BTC—putting it on par with US-based Semler Scientific’s Bitcoin treasury. This development is part of a wider trend of corporations embracing digital assets. In fact, 174 public…

The post Bloomberg Senior Analyst McGlone Shares His Latest Thoughts on Bitcoin (BTC) appeared on BitcoinEthereumNews.com. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone said that Bitcoin (BTC) has become the most important “risk appetite indicator” in the markets as uncertainty about the Fed’s interest rate policy continues. McGlone reminded that Bitcoin’s average price during the year is at $100,000, and stated that this level is likely to be tested again in the short term. According to the analyst, volatility remains low as the crypto market experiences a summer lull. However, McGlone believes that Bitcoin could pull back towards support levels once the VIX index rises above 20 again. “Even though Bitcoin, the world’s most speculative digital asset, has reached new highs, a normalization process is inevitable. There is a risk that Bitcoin will break its support level towards the end of the year,” McGlone said, arguing that extreme speculative movements are being seen in crypto assets in the current environment. McGlone stated that Bitcoin will continue to be a leading indicator of risk appetite in the long term, while pointing out that the Fed’s tight monetary policy pressure against inflation and global economic weakening could create more volatility in the markets. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bloomberg-senior-analyst-mcglone-shares-his-latest-thoughts-on-bitcoin-btc/

The post BTC, ETH, SOL, DOGE Tanks 3-12% on Trump vs Fed Feud appeared on BitcoinEthereumNews.com. The broader crypto market has been facing strong selling pressure with more than $829 million in long liquidations, as top assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE), crashed between 3-12% in the last 24 hours. This comes as the Trump vs Fed feud escalates further as the US President fired Fed Governor Lisa D. Cook earlier today. Amid all the macro uncertainties, investors are now dumping their holdings. Crypto Market Crashes Soon As Trump Fires Fed Governor Earlier today, Bitcoin price tanked by more than 3%, slipping under $109,000 level in a strong investor sell-off. This comes with a daily trading volume jumping 20% to $90 billion, with 24-hour BTC long liquidations at $225 million. BTC has given up all its gains following last week’s Jackson Hole meeting, wherein Fed Chair Jerome Powell touted the possibility of an interest rate cut during the September FOMC meeting. The recent analysis from Glassnode shows that BTC is at a crucial junction, and failing to hold above it could lead to multi-month weakness and even deeper price corrections. According to the blockchain analytics firm, BTC is trading just above $110,800, which represents the average cost basis for investors who accumulated during the May–July rally to new all-time highs. Failure to hold this could trigger major corrections ahead. Source: Glassnode Investors are on edge as we enter September, the weakest month for the assets, historically. Market analysts believe that before the October-November rally resumes, investors need to brace for more pain. Altcoins Crash Dragging Crypto Market Down Apart from BTC, altcoins are showing major weakness, with top digital assets like Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE), all correcting 7-12% in the last 24 hours. This is a clear sign of capital rotating out of risk-ON assets, and the thin…

The post Bitcoin News: Trump’s Bitcoin Advisor Predicts Endless Bull Run, But Analysts Issue Warning appeared on BitcoinEthereumNews.com. The post Bitcoin News: Trump’s Bitcoin Advisor Predicts Endless Bull Run, But Analysts Issue Warning appeared first on Coinpedia Fintech News David Bailey, Bitcoin Magazine CEO and advisor to US President Donald Trump, predicted that Bitcoin will not experience any further bear markets. He believes the price will continue to rise significantly as institutional adoption grows.  Contrary to Bailey’s views, several industry experts expect continued or upcoming bear markets in Bitcoin.  In a recent post on X, Bailey’s statement suggested that increased institutional involvement will increase Bitcoin’s price and prevent future extended bear markets. He also said that institutions like sovereign nations, banks, and insurance companies will eventually hold Bitcoin, and their adoption process has already begun.  He wrote, “There’s not going to be another Bitcoin bear market for several years. Every Sovereign, Bank, Insurer, Corporate, Pension, and more will own Bitcoin. The process has already begun in earnest, yet we haven’t even captured 0.01% of the TAM.” Bear Market to End in Bitcoin  Another expert who believes in an end to the bear market in BTC is Ryan McMillin, co-founder and chief investment officer of Merkle Tree Capital. He told Cointelegraph that there is a possibility there will be no bear market, “similar to gold post the early 2000s ETF launch as the asset was financialized and up only for eight years.” He also said that without a bull market, there can’t be a bear market, as the bull market precedes any bear market. McMillin said, “If this structure persists, then there is no bear market; there will be regular corrections, which are great buying opportunities.” Experts Who Foresee Bearish Market in BTC While Bailey expects the era of Bitcoin’s bear markets to end, several experts, including John Glover, CIO at Ledn, forecast a bear market. In early August,…

The post Bitcoin Faces Key Price Test as Expert Shares 3 Possible BTC Price Scenarios appeared on BitcoinEthereumNews.com. TLDR: Bitcoin trades at $110,189 after a 2.23% daily drop, raising questions about support near $111K. Traders warn a break below $111K could trigger panic selling from recent buyers. Scenarios range from sideways price action to a steep pullback toward $75K in the coming months. Market watchers eye November as a possible recovery point if consolidation holds.  Bitcoin is holding just above a level many traders are watching closely. The market has cooled in recent days, leaving investors uncertain. Some analysts see room for another rally, while others warn of a possible breakdown.  The coming weeks could set the tone for the rest of the year. The $111,000 line now carries extra weight for both short-term holders and long-term players. Bitcoin Price Nears Crucial Support Bitcoin’s price at press time stands at $110,189, according to data from CoinGecko. Trading volume over the last 24 hours came in at $56.6 billion. The coin is down 2.23% on the day and 4.80% over the past week. BTC price on CoinGecko Market analyst BitBull described $111,000 as a dividing line. He explained that many who bought during the May to July rally are near breakeven at this point. If Bitcoin stays above that level, those investors are likely to hold. A drop below it, however, could shift sentiment quickly and trigger selling pressure. He added that when Bitcoin falls under the cost basis of recent buyers, the market often drifts lower for weeks. That makes the current range a deciding zone for momentum. Traders now watch to see if this level holds through the coming sessions. The price action follows a week of uncertainty. Recent swings have reflected speculation around the Federal Reserve’s policy path. Some traders expect a cut later this year, which could influence crypto flows. The make or break line…

PANews reported on August 26 that Mayne, founder of the cryptocurrency self-operated company Breakout, said that Bitcoin may be about to rebound and may continue to consolidate in the range of 110,000 to 120,000 US dollars, provided that it does not completely return to the previous range. Furthermore, SOL/ETH is currently at an important monthly support level, while ETH/BTC has broken through its highs and ETH/USD is showing signs of a weekly sweep. Based on this, he is inclined to place long orders on SOL/USD price pullbacks, identifying $190 as a key level.

GLJ Research analyst Gordon Johnson issued a warning about Bitcoin (CRYPTO: BTC) facing a potential 65% crash as Federal Reserve cash reserves reach critically low levels. read more

Anthony Scaramucci, the founder and CEO of SkyBridge Capital, expressed his support for Bitcoin (CRYPTO: BTC), drawing on a famous line from William Shakespeare’s play “Romeo and Juliet.”read more