Category: Bitcoin
-
Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows
•
Bitcoin price movement can be risky, as it is going through a major corrective phase. However, although $60,000 seems slippery for optimistic bulls, some analysts are optimistic that the coin is ready for a strong rally. Based on the previous price action, analysts assert that the coin will rise above…
-
The Institutions Are Coming: The Dawn Of A New Era At This Year’s MicroStrategy World — Bitcoin For Corporations Conference
•
“Institutions are coming” Anyone who has been in the Bitcoin space for a long period of time has heard some of the prominent figures in the space utter this phrase. In August 2020, when Accurate strategya US-based business software company, announced that it would be Buy Bitcoin To add to…
-
Bitcoin bounces back after soft jobs report, crossing $60K threshold (BTC-USD)
•
Omedia/E+ via Getty Images Bitcoin (BTC-USD) rebounded on Friday after a weak US jobs report eased concerns about higher interest rates for a longer period. Largest cryptocurrency by market cap (BTC-USD) jumped 4% to $61.7K at 3:27 PM ET, compared to $59.1K that had changed hands in just minutes. Before…
-
Massive Bitcoin Volatility, Ripple (XRP) Trial, and CZ’s Sentencing: This Week’s Crypto Recap
•
Bitcoin price has been on a wild ride for the past seven days. The cryptocurrency is down 4.2% during that period, but that summary doesn’t do the action justice, so let’s dive into it. The market was fairly quiet at the start of the week, trading at around $64,000 with…
-
Edward Snowden Delivers ‘Final’ Bitcoin Warning: Here’s Why
•
Well-known whistleblower Edward Snowden reiterated his long-standing concerns about Bitcoin’s privacy features, or lack thereof, in a recent post on It is the cornerstone of enhancing user privacy on the Bitcoin network. “The clock is ticking” for Bitcoin, Snowden says Snowden expressed frustration with the slow pace of privacy improvements…
-
Fidelity: Pension Funds Exploring Bitcoin Investments on ETF Approval
•
Fidelity, a major financial services company, says retirement funds have begun exploring investing in Bitcoin, especially after Bitcoin exchange-traded funds were approved earlier this year. BREAKING: Wall Street giant Fidelity says pension funds are starting to explore #Bitcoin And encryption Gradually then suddenly ? pic.twitter.com/8vBz4Bf02t — Bitcoin Magazine (@BitcoinMagazine) May…
-
BTC Price Surges Above $59K as Spot Bitcoin ETF Outflows Ease Up
•
After days of suffering huge losses that led to its price rising to $56,500, Bitcoin rebounded on Thursday and during the early hours of Friday. This coincided with a slowdown in outflows from spot bitcoin exchange-traded funds (ETFs) in the United States compared to the record outflows of the previous…
-
Second of only Four Bitcoin “Epic Sats” Found by a Binance User
•
to update: Additional blockchain analysis Indicates This purchase was the result of a for-profit “Saturday Hunt”. Programmatically Buy and withdraw Bitcoin from Binance. The article has been revised accordingly. One of only four rare “Epic Sats”, as defined by the Ordinals Protocol, was discovered and withdrawn from the Bitcoin and…
-
Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex
•
Bitcoin is struggling to rise above the $60,000 level after a devastating downtrend this week. Bitfinex analysts shared their latest insights on BTC for May, predicting that the world’s leading cryptocurrency will continue to act as a benchmark for price movement in the market, indicating the market capitalization of the…
-
Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies
•
In a keynote speech at MicroStrategy World: Bitcoin for Business, Michael Saylor, CEO of MicroStrategy, delivered a masterclass on corporate finance and the power of Bitcoin to strengthen corporate balance sheets. Saylor made a point to emphasize Bitcoin as the currency bachelor A solution to raise capital in an inflationary…
-
Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”
•
One analyst pointed out how Bitcoin recently closed below a historically important on-chain level, which failure to reclaim could spell trouble for Bitcoin. Bitcoin fell below its short-term holder cost basis in the recent crash In new mail At “Price Realized” here refers to an on-chain indicator that tracks the…
-
Coinbase Rides Bitcoin ETF Wave as Profits Soar past $1B in Q1
•
Coinbase released its Q1 2024 report, showcasing a massive 72% QoQ increase in total revenue to $1.6 billion. This increase was accompanied by a significant net income of $1,176 billion, representing an increase of 1,588% year over year. This figure represents a turnaround from a net loss of $79 million…
-
BlackRock reports first outflows as Bitcoin ETFs shrink 20% since March
•
The 10 U.S. Bitcoin ETFs Continue to Crash. On Wednesday, outflows from all ETFs were recorded for the first time, piling up the largest losses since trading began in January, with $563.7 million exiting funds, according to CoinGlass data. The latest numbers have been declining for about two months. In…
-
Coal Miner Strikes $7 Million Bitcoin Gold With Excess Power
•
Alliance Resource Partners (ARLP), a publicly traded coal mining company, has successfully entered into a project Bitcoin mining. The pilot project, which began in 2020, generated significant revenue for ARLP by leveraging underutilized electricity at its River View mine. Bitcoin mining success and adaptability ARLP’s strategic foray into cryptocurrency mining…
-
LIVE – MicroStrategy World: Bitcoin for Corporations Day 2
•
Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring talks with leading finance, regulatory, and fintech professionals on the future of Bitcoin adoption for businesses. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the US, the changing regulatory landscape…
-
BlackRock’s Spot Bitcoin ETF Sees First Outflows Amid BTC Price Slump
•
Bitcoin exchange-traded funds (ETFs) in the United States recently observed a noteworthy trend, marked by a period of six consecutive days of outflows. Notably, BlackRock’s IBIT ETF experienced its first case of outflows just yesterday. This development coincides with Bitcoin going through its most challenging month since the aftermath of…
-
Peter Schiff Discloses Downside Target For Bitcoin, Downtrend Imminent?
•
Peter Schiff, popular critic of Bitcoin The staunch gold defender has delved into the controversy surrounding BTC’s valuation, forecasting potential downward pressure in the near future and setting his target at the $54,000 price level. Bitcoin continues to face negative pressure Earlier today, Schiff identified a negative pattern on the…
-
MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange
•
MicroStrategy today unveiled its latest innovation, a decentralized identity (ID) platform built on top of the Bitcoin network, called MicroStrategy Orange, at the conference. MicroStrategy World: Bitcoin for Business 2024 It happened. JUST IN: MicroStrategy launches enterprise platform to build decentralized identity applications on #Bitcoin – MicroStrategy Orange ? pic.twitter.com/P5PXz80kSD…
-
Texas A&M Professor to Launch Bitcoin Research Institute
•
Kurok Ray, a Bitcoin researcher and associate professor at Texas A&M University’s Mays School of Business, announced plans to launch a Bitcoin Research Institute to advance academic research at the intersection of Bitcoin and artificial intelligence. In the MicroStrategy World: Bitcoin for Business 2024 At the event, Ray pointed to…
-
Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return
•
Co-Founder and CEO of Real Vision, Raoul Pal Highlight the current market situation and future outlook for Bitcoin, the world’s largest cryptocurrency. Although cryptocurrency It is declining By more than 15%, the financial expert revealed an important pattern that indicates a potential bullish sign after the Bitcoin price correction. Cryptocurrency…