Category: Bitcoin
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El Salvador’s Bitcoin Holdings Cross $632 Million, Drawing Bukele’s Praise
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A South American country is among the bitcoin investors to benefit greatly from the Donald Trump-fueled cryptocurrency bull market as its digital asset portfolio reaches new heights, analysts report. The value of El Salvador Bitcoin Holdings rose to $632 million after the top cryptocurrency reached a new all-time high of…
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CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse
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This article is also available in Spanish. MicroStrategy, the business intelligence firm co-founded by Bitcoin’s Michael Saylor, has significantly ramped up its Bitcoin acquisition strategy, with its holdings exceeding 400,000 BTC. However, concerns about the company’s financial stability linked to the price of Bitcoin have emerged, especially from Ki Young…
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Bitcoin Policy Institute Develops Executive Order Draft For Trump’s Strategic Reserve
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A newly disclosed public document reveals that the Bitcoin Policy Institute, a US research and advocacy group, has drafted an executive order aimed at classifying Bitcoin as a currency. Strategic reserve assets. This proposed order is designed to take effect immediately upon signing by President-elect Donald Trump on his first…
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Bitcoin Rally Leaves the World’s Original Crypto ETFs Behind
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(Bloomberg) — In a record-breaking year for Bitcoin, the creators of the world’s first ETFs holding the cryptocurrency appear at risk of being left behind. Most read from Bloomberg Bitcoin ETFs launched in Canada in February 2021, making them the first in the world. This led to billions of dollars…
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Bitcoin Could Peak Between $160,000 And $290,000 – Report
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This article is also available in Spanish. As we approach the end of the year, Bitcoin (BTC) continues to rise to new highs, setting a bullish outlook for the rest of the cycle. Bitfinex’s latest reports indicate when BTC’s peak could come and how much upside could be left for…
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Bitcoin Could Peak Between $160,000 And $290,000 – Report
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This article is also available in Spanish. As we approach the end of the year, Bitcoin (BTC) continues to rise to new highs, setting a bullish outlook for the rest of the cycle. Bitfinex’s latest reports indicate when BTC’s peak could come and how much upside could be left for…
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Mathematically Predicting the Bitcoin Price Bull Cycle Peak
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The Bitcoin bull market is heating up, and investors are eagerly searching for data-driven insights into when the next Bitcoin price peak could occur and how high the Bitcoin price will rise. In a recent analysis video I posted Bitcoin Pro Magazinelead analyst Matt Crosby We’ve crunched the numbers carefully…
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The Unit Denomination of Bitcoin Does Not Need To Change
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Follow Nicholas on ? here for daily posts Last week, long-time Bitcoin user John Carvalho foot A new Bitcoin Improvement Proposal (BIP) aims to address the problem of unit bias that many people encounter when first finding Bitcoin. “The BIP proposes to redefine the commonly recognized unit of ‘bitcoin’ so…
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Bitcoin Reserve Proposed By French MEP To Bolster EU
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French Member of the European Parliament (MEP), Sarah Knafo, delivered a high-level speech, urging the European Union (EU) to adopt a “strategic Bitcoin reserve” as part of a broader effort to promote financial independence and combat inflationary pressures. A French judge and member of the Court of Accounts, Knafo’s background…
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China May Be On the Verge of Ending Its Bitcoin Ban
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Look, I think it’s only a matter of time before China does a complete 180 on its Bitcoin ban. Yes, they banned trading and mining in 2021, but honestly, a lot has changed since then – especially this year. Bitcoin’s momentum globally has been crazy. We have seen US President-elect…
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Gridless Is Mining Bitcoin While Fostering Human Flourishing In Africa
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Company Name: Gridless Founders: Janet Maingi, Erik Hersman and Philip Walton Date Founded: August 2022 Location of Headquarters: United States | Operations in Kenya, Malawi and Zambia Number of Employees: 10 Website: https://gridlesscompute.com/ Public or Private? Private Gridless doesn’t just mine bitcoin — it helps to facilitate the electrification of…
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Bitcoin or University: Which Investment Yields Greater Financial Freedom?
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A university education is often considered to be the best path to superior lifetime earnings and financial freedom. Actual earnings seem to bear this out. People with a four-year degree make far more over their lifetimes than those without—about 75% according to this study by the Federal Reserve Bank of…
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Bitcoin As ‘Cyber Manhattan’: Michael Saylor Stands Firm On BTC’s Value As Top Investment
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In a recent interview with CNBC, Michael Saylor, founder and CEO of MicroStrategy, drew an interesting parallel between Bitcoin (BTC) and New York City, referring to the market-leading cryptocurrency as “Cyber Manhattan.” “Every day is a good day to buy Bitcoin” Sailor Express Long-term bullish view on Bitcoin, saying: “We…
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Microstrategy Buys More Bitcoin: Another $1.5 Billion Added
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Michael Saylor’s company Microstrategy has just announced a new purchase of Bitcoin bringing the company’s total holdings to 439,000 BTC. Microstrategy bought another 15,350 Bitcoin A big buyer that was a constant presence during Bitcoin’s recent bull run was Microstrategy. The price of the cryptocurrency has been accelerating while the…
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Bitcoin Bull Run Continues As Sharks & Whales See 10% Jump
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On-chain data shows that big money investors are flocking to Bitcoin as large wallets have seen sharp growth in the past month and a half. Bitcoin Shark & Whale wallets are up nearly 10% recently According to data from the on-chain analytics company saintBitcoin addresses holding at least 100 BTC…
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MicroStrategy Raises Stakes, Acquires $1.5 Billion In Bitcoin Amid Positive Market Outlook
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Ronaldo is an experienced cryptocurrency enthusiast dedicated to the emerging and ever-evolving industry. With over five years of intense research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which quickly turned into a deep passion to…
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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity
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Bitcoin rose to a new all-time high today, reaching $106,533 and cementing its position as a market leader in this ongoing rally. Price action has been exceptionally bullish, providing only three quick opportunities for investors to buy small dips in recent weeks. This continued bullish momentum has gripped the market…
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A Last Resort: Un’FE’d Covenants For Bitcoin
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Jeremy Rubin released a proposal a couple of weeks ago called Un’FE’d Covenants (FE = Functional Encryption). Given the controversy surrounding Covenant’s proposals for Bitcoin in the past year or two, his proposal represents a new practical option. All treaty proposals so far require a soft fork (the actual opcodes),…
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Bitcoin Miners Now In Selling Mode For A Year: Should You Be Concerned?
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This article is also available in Spanish. On-chain data shows that Bitcoin miners have been selling for about a year now. Here’s how much they’ve sold so far. Bitcoin miners have given up more than 4% of their holdings in the past year As CryptoQuant community analyst Maartunn noted in…