Bitcoin

Bitcoin’s value has recently plummeted, falling below $62,500 and setting a new monthly low. This decline is influenced by various factors shaping market dynamics and affecting investor sentiment. As traders and investors grapple with these changes, it’s important to understand […]

Highlights: Mt. Gox will start distributing $9 billion in Bitcoin and Bitcoin Cash from July 2024. Repayments follow a structured plan to ensure transparency and avoid complications. Bitcoin and Bitcoin Cash prices dropped following the announcement of the repayments. Mt. […]

Highlights: Michael Saylor discusses Bitcoin’s potential to reach $10 million per coin and China’s support in a podcast interview. Saylor advocates for Bitcoin as a solution to corporate mortality and economic stability.  His company’s recent acquisition of 11,931 BTC increases […]

Highlights: Metaplanet issues ¥1 billion in bonds at 0.5% interest to acquire Bitcoin. The proceeds will be used to purchase Bitcoin for long-term holding. Metaplanet’s Bitcoin holdings now total 141.0727 BTC, valued at ¥1.45 billion. Metaplanet Inc., a Tokyo-listed investment […]

Jack Dorsey, the CEO of Block Inc., recently highlighted Bitcoin’s potential to serve as an alternative to traditional currencies like the U.S. dollar (USD). He praised Bitcoin for its ability to operate without permissions, referring to it as “permissionless freedom […]

In a new development making rounds across several news publication platforms, Standard Chartered (STAN) has unveiled its plan to expand operations by imminently launching a new Bitcoin (BTC) and Ethereum (ETH) spot trading platform, which will be integrated into the […]

Pioneer decentralized cryptocurrency, Bitcoin (BTC), recently dropped below $65,000, sparking wild spread concerns among crypto faithful, as the dip could only culminate in further declines, which invariably implies more losses amid an already precarious state. At the time of press, […]

Highlights: MicroStrategy acquires 11,931 BTC for $786 million at an average price of $65,883 per BTC. The company’s total Bitcoin holdings now stand at 226,331 BTC, valued at nearly $15 billion. The acquisition was funded through a $800 million convertible […]

Highlights: Bitcoin has lost critical support levels this week, an indicator that sellers are gaining momentum Whales and miners are selling Bitcoin in the $71,000 to $60,000 range Analysts predict that the likelihood of Bitcoin dropping below $60k is high  […]

In the past 24 hours, Bitcoin’s price dipped slightly by 0.2% to $65,121, accompanied by a 0.6% decrease in trading volume to $35 billion. Crypto analyst Moustache pointed out a bearish cross on Bitcoin dominance’s 3-week chart, signaling a potential […]

The cryptocurrency market experienced a significant downturn, with the total market capitalization falling by over 4.30% to approximately $2.50 trillion as of June 18. This sharp drop has raised concerns among investors about the underlying factors driving the market’s instability. […]

Highlights: Miner revenues have dropped by 55%, forcing them to sell more Bitcoin driving prices down. Reduced issuance of stablecoins like USDT and USDC decreases market liquidity and increases price volatility. Significant withdrawals from major ETFs are adding to the […]