Latest News and Articles about Bitcoin
Bitcoin Struggles at $85K: Can Rising Global Liquidity Trigger a Recovery?
Bitcoin’s Battle Against Bearish Trends: Will Global Liquidity Save the Day? – Bitcoin down 29% since late January – Global liquidity on the rise – $85,000 resistance level a key battleground Bitcoin has been on a rollercoaster ride lately, plummeting 29% from its peak in late January. Currently trading at around $83,300, the cryptocurrency is […]
Read MorePierre Rochard Debunks “Better Bitcoin” Myth at Policy Summit
Riot Platforms’ Pierre Rochard Argues Against the Possibility of a “Better Bitcoin” At a recent Bitcoin Policy Institute event in Washington, D.C., the debate over Bitcoin’s future ignited as industry leaders clashed over its significance and the potential for a superior alternative. Michael Saylor, CEO of MicroStrategy, underscored Bitcoin’s crucial role in America’s global standing, […]
Read MoreU.S. Explores Strategic Bitcoin Reserves: National and Texas Initiatives Lead
Strategic Bitcoin Reserves: A National and State-Level Comparison The United States is exploring the establishment of a Strategic Bitcoin Reserve (SBR) at both the national and state levels, reflecting a growing recognition of Bitcoin as a strategic asset similar to gold or oil. This initiative aims to bolster economic stability and position the country favorably […]
Read MoreTrump’s Crypto Moves Spark Global Regulatory Shifts, EU Eyes Digital Euro
Binance CEO: Trump’s Pro-Crypto Stance Could Push Other Nations to Follow President Donald Trump’s recent pro-crypto actions, including the establishment of a Strategic Bitcoin Reserve and a Digital Asset Stockpile, have sparked optimism from Binance CEO Richard Teng. Teng believes this could encourage other nations to embrace cryptocurrencies, though the EU expresses concerns over financial […]
Read MoreRootstock Slashes Fees by 60%, Boosts Speed and EVM Compatibility
Rootstock Unveils Major Upgrades: 60% Fee Cut, EVM Compatibility, and Faster Transactions Rootstock, a trailblazing Bitcoin sidechain focused on smart contracts, has announced significant upgrades that promise to enhance its scalability, security, and decentralization. With a 60% reduction in transaction fees, the imminent Lovell Upgrade, and the upcoming Faster Protocol, Rootstock aims to solidify its […]
Read MoreMetaplanet Surges to 3,050 BTC, Aims for 21,000 by 2026
Metaplanet Accelerates Bitcoin Accumulation, Now Holding 3,050 BTC Japanese investment firm Metaplanet is ramping up its Bitcoin strategy, surpassing 3,000 BTC with a recent purchase of 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. The firm plans to reach 10,000 BTC by 2025 and 21,000 BTC by 2026, aiming to become […]
Read MoreMt. Gox Transfers $931M in Bitcoin Amid Market Crash: What It Means for Crypto
Mt. Gox Moves $931M in Bitcoin Amid Market Downturn, Raising Concerns Mt. Gox, the infamous Bitcoin exchange that collapsed a decade ago, has stirred the crypto markets once again by transferring 11,834 BTC, valued at approximately $931.19 million, on March 12, 2024. This significant movement comes at a time when both Bitcoin and Ethereum are […]
Read MoreRumble Invests $17.1M in Bitcoin, Aims for $20M Total Allocation
Rumble’s Bold Leap into Bitcoin: A $17.1 Million Investment Toronto-based video streaming giant Rumble has made headlines with a $17.1 million investment in Bitcoin, purchasing 188 BTC at an average price of $91,000 per coin. This move not only underscores Rumble’s bullish stance on the cryptocurrency but also positions them as the 40th largest corporate […]
Read MoreCalifornia Senator Backs Bitcoiner for $500B Pension Fund Board Seat
California Senator Endorses Bitcoiner for Seat on $500B Pension Fund Board California State Senator Ben Allen has thrown his support behind Dom Bei, a Bitcoin advocate and founder of Proof of Workforce, for a seat on the board of CalPERS, the nation’s largest public pension fund. This endorsement could mark a pivotal moment for integrating […]
Read MoreSolo Bitcoin Miner Wins $263K with Compact Bitaxe, Boosting Decentralization
Solo Bitcoin Miner Strikes It Rich with Pocket-Sized Bitaxe A solo Bitcoin miner equipped with a compact Bitaxe machine successfully mined block 887,212, earning a potential reward of approximately $263,000. This achievement underscores the possibility for individual miners to compete against large mining pools and reignites discussions on the accessibility and decentralization of Bitcoin mining. […]
Read MoreCapo Predicts Bitcoin Bounce and Altcoin Surge: Bear Trap in Play
Analyst Who Predicted 2021 Crypto Crash Sees Bitcoin Bounce, Altcoins to Outshine Capo, the pseudonymous crypto analyst who accurately foresaw the 2021 market collapse, now predicts a strong relief bounce for Bitcoin in the coming days. He views Bitcoin’s recent dip below $80,000 as a strategic bear trap, designed to mislead bearish investors. Capo expects […]
Read MoreBitcoin’s $70,000 Support Level: A Crucial Juncture Analyzed by Fidelity’s Timmer
Is Bitcoin About to Hit a Critical Turning Point? Fidelity’s Jurrien Timmer has put a spotlight on Bitcoin’s potential turning point, focusing on the $70,000 support level as a crucial juncture amidst recent price corrections. His analysis, grounded in the internet S-curve and the power curve of wallet growth, offers a strategic view of Bitcoin’s […]
Read MoreXRP Poised for Breakout Above $2.58, Bitcoin Faces $75K Test, Shiba Inu Shows Resilience
XRP’s Potential Breakout, Bitcoin’s Bearish Pressures, and Shiba Inu’s Resilience: Navigating the Crypto Market XRP teeters on the edge of a potential breakout, Bitcoin grapples with bearish pressures, and Shiba Inu continues to demonstrate resilience in the face of market challenges. XRP: On the brink of a breakout above $2.58, potentially signaling the end of […]
Read MoreMt. Gox Shifts $931M Bitcoin, XRP ETF Race Heats Up, Cardano’s Volume Soars to $2B
Mt. Gox’s Market Jitters, XRP ETF Frenzy, and Cardano’s Comeback: The Crypto Rollercoaster Mt. Gox moves $931.19 million in Bitcoin amidst a market dip Franklin Templeton joins the race for an XRP ETF Cardano’s trading volume soars to $2 billion in 24 hours The crypto market has been shaken by significant developments, starting with Mt. […]
Read More$1 Billion Bitcoin Exodus from Kraken and Coinbase Sparks Market Frenzy
Record-Breaking $1 Billion Bitcoin Withdrawal from Kraken Shakes Crypto Market The cryptocurrency world was rocked by Whale Alert’s report of three colossal withdrawals totaling over $1 billion in Bitcoin from the prominent U.S. exchange Kraken. These hefty transactions, along with significant movements from Coinbase, have ignited intense speculation about the motives behind these massive shifts […]
Read MoreXRP Rebounds to $2.10: Can It Break Through to $3 Amid Bearish Trends?
XRP Bounced: Hope for $3? XRP’s recent recovery to the $2.10 support level has reignited hope among investors, with some eyeing a potential climb to $3. However, the journey is complicated by XRP’s position within a bearish descending channel. XRP rebounds to $2.10, sparking $3 hopes. Navigating a bearish descending channel. Resistance levels at $2.40 […]
Read MoreMetaplanet Secures $13M to Boost Bitcoin Holdings, Plans Bitcoin Hotel
Metaplanet Bolsters Bitcoin Holdings with $13 Million Debt Offering to Evo Fund In a strategic shift from budget hotels to Bitcoin, Japanese company Metaplanet has announced a $13 million debt offering to Evo Fund, aiming to significantly expand its cryptocurrency holdings. $13 million debt offering to Evo Fund Expansion of Bitcoin holdings Stock surged by […]
Read MoreBitcoin at $81,800: Will It Crash to $69,000 or Break Resistance?
Bitcoin’s Volatility: Navigating the $69,000 Threshold Bitcoin’s price, currently hovering around $81,800, has the crypto community on high alert, with fears of a potential drop back to $69,000. Bitcoin at $81,800 Support at $79,270 and $69,450 Resistance at $84,296-$86,753 Psychological impact Liquidity and demand Bitcoin, the king of crypto, is currently trading at $81,800, a […]
Read MoreBitcoin Recovery Signals: Lower Liquidations and Geopolitical Calm
Bitcoin’s Recovery on the Horizon Amid Reduced Liquidations and Easing Geopolitical Tensions Bitcoin’s potential recovery is on the horizon as market liquidations decrease and geopolitical tensions ease. The cryptocurrency market has been on a wild ride, but recent developments suggest a turnaround could be in the cards. Reduced liquidations Easing geopolitical tensions Inherent market volatility […]
Read MoreMetaplanet Boosts Bitcoin Holdings to 3,050 BTC, Targets 21,000 by 2026
Metaplanet Increases Bitcoin Holdings to 3,050 BTC, Sets Ambitious Targets for 2025 and 2026 Japanese company Metaplanet has ramped up its Bitcoin holdings to 3,050 BTC, signaling a strong belief in cryptocurrency’s potential. This move aligns with a broader trend of institutional investors embracing Bitcoin as a legitimate asset. Metaplanet’s Bitcoin holdings now at 3,050 […]
Read MoreBitcoin Miners Ramp Up Exchange Deposits: Bearish Signal or Strategic Move?
Bitcoin Bearish Signal: Analyzing the Surge in Miner Deposits to Exchanges Is Bitcoin on the brink of a downturn? Recent data suggests a bearish signal as miners ramp up their deposits to exchanges. Bitcoin miners are sending more BTC to exchanges, a potential bearish signal The Miner to Exchange Flow metric has spiked recently Miners […]
Read MoreBitwise CIO Predicts Bitcoin’s $50 Trillion Market Cap with U.S. Strategic Reserve
Can Bitcoin Really Reach a $50 Trillion Market Cap? Bitwise CIO Matt Hougan Thinks So Despite a recent price dip, Matt Hougan, Chief Investment Officer at Bitwise, remains optimistic about Bitcoin’s future. He forecasts a potential market cap of up to $50 trillion, driven by the U.S. government’s establishment of a Strategic Bitcoin Reserve (SBR). […]
Read MoreMichael Saylor Proposes $21B Bitcoin Reserve for U.S. Government
Michael Saylor Urges U.S. Government to Embrace Bitcoin with Strategic Reserve Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has made a bold proposal for the U.S. government to invest heavily in Bitcoin by establishing a Strategic Bitcoin Reserve (SBR). Saylor draws parallels between Bitcoin and some of the most profitable land purchases in U.S. […]
Read MoreRobert Kiyosaki Sees Bitcoin Crash as Buying Opportunity Amid “Everything Bubble” Burst
‘Rich Dad Poor Dad’ Author Reacts to Giant BTC Crash: I Will Continue to Acquire Bitcoin on Sale As the cryptocurrency market experiences a significant downturn, Robert Kiyosaki, the acclaimed author of “Rich Dad Poor Dad,” remains undeterred, viewing it as a chance to buy assets at “deep discounts.” He describes the current situation as […]
Read More