Category: Bitcoin
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BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
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Bank of New York Mellon, the largest custodian bank in the United States, has been granted an exemption from a controversial rule by the Securities and Exchange Commission that could allow it to hold bitcoin. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the United States has taken a step…
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BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
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Bank of New York Mellon, the largest custodian bank in the United States, has been granted an exemption from a controversial rule by the Securities and Exchange Commission that could allow it to hold bitcoin. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the United States has taken a step…
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Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation?
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Bitcoin has surged 11% since Tuesday after the Federal Reserve announced a 50 basis point interest rate cut. The massive price action pushed Bitcoin past the $62,000 level, a psychological level that has investors optimistic about. However, despite the recent surge, important data from Glassnode reveals that Bitcoin capital inflows…
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How Bitcoin Will React After The U.S. Election
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As the US presidential election approaches, it’s worth examining how previous elections have impacted the price of Bitcoin. Historically, the US stock market has shown notable trends during election periods. Given Bitcoin’s correlation with stocks, most notably the S&P 500, these trends could provide insights into what might happen next.…
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How Bitcoin Will React After The U.S. Election
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As the US presidential election approaches, it’s worth examining how previous elections have impacted the price of Bitcoin. Historically, the US stock market has shown notable trends during election periods. Given Bitcoin’s correlation with stocks, most notably the S&P 500, these trends could provide insights into what might happen next.…
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MicroStrategy Buys Additional $489 Billion Worth of Bitcoin
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Michael Sailor, CEO of MicroStrategy It was announced On September 20, the company announced that it had purchased an additional 7,420 bitcoins for approximately $489 million. The company now holds over 252,000 bitcoins, purchased for $9.9 billion. BREAKING: MicroStrategy Buys Another 7,420 Shares #Bitcoin In the amount of $458.2 million.…
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MicroStrategy Buys Additional $489 Billion Worth of Bitcoin
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Michael Sailor, CEO of MicroStrategy It was announced On September 20, the company announced that it had purchased an additional 7,420 bitcoins for approximately $489 million. The company now holds over 252,000 bitcoins, purchased for $9.9 billion. BREAKING: MicroStrategy Buys Another 7,420 Shares #Bitcoin In the amount of $458.2 million.…
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$243M Bitcoin Heist Ends In Arrests After Hackers Doxx On Discord
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The cryptocurrency world has seen its fair share of high-profile hacks and scams, but the recent $240 million heist orchestrated by a group of skilled cybercriminals stands out as particularly brazen and sophisticated. Through a carefully planned social engineering attack, hackers known as Greavys, Wiz, and Box were able to…
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Satoshi Era Wallets Moved $16 Million Worth of Bitcoin
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About 250 bitcoins from the early days of Bitcoin, known as the “Satoshi era,” were transferred on Friday in five separate transactions, each of which moved about 50 bitcoins to new wallets. The total value of the transfers was nearly $16 million. New: Satoshi Era #Bitcoin The wallets just moved…
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Here’s Why A Green September Close Is Important For The Bitcoin Price
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This article is also available in Spanish. Bitcoin now Show upward price action This has sparked optimism among cryptocurrency investors. The cryptocurrency recently crossed the psychological $60,000 price barrier after three weeks of acting as a fearsome resistance level. Since breaking $60,000, Bitcoin has continued to rise, gaining 9.8% in…
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Here’s Why A Green September Close Is Important For The Bitcoin Price
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This article is also available in Spanish. Bitcoin now Show upward price action This has sparked optimism among cryptocurrency investors. The cryptocurrency recently crossed the psychological $60,000 price barrier after three weeks of acting as a fearsome resistance level. Since breaking $60,000, Bitcoin has continued to rise, gaining 9.8% in…
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“PickleBit”: Proof of Workforce, Fold, and Pickle Pop Partner on Pickleball Tournament, Offer Bitcoin Prize Pool
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Santa Monica based non-profit organization Proof of establishment of the workforce I have partnered with a Bitcoin financial services company. fold and Pickle Bob To organize Bitcoin-themed Pickleball Tournamentoffering a prize pool of $5,000 to participants and winners. The tournament is scheduled to take place on October 18 in Santa…
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“PickleBit”: Proof of Workforce, Fold, and Pickle Pop Partner on Pickleball Tournament, Offer Bitcoin Prize Pool
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Santa Monica based non-profit organization Proof of establishment of the workforce I have partnered with a Bitcoin financial services company. fold and Pickle Bob To organize Bitcoin-themed Pickleball Tournamentoffering a prize pool of $5,000 to participants and winners. The tournament is scheduled to take place on October 18 in Santa…
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Chart Art: Bitcoin (BTC/USD) Is Approaching a Major Resistance Area!
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Risk-off and anti-USD sentiment contribute to Bitcoin’s gains against the US dollar! How high will BTC/USD go before the native cryptocurrency returns to its long-term bearish trend? If the downtrend is rising, it is possible to do so at these levels: Bitcoin (BTC/USD) Daily Chart by TradingView Unless you’re too…
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Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
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Bitcoin Cash price started a significant rise above the $320 resistance level. Bitcoin Cash is consolidating and could target further gains above the $350 resistance level. Bitcoin Cash price started a fresh rally above $330. The price is trading above the $335 level and the 100-hour simple moving average. A…
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Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
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Bitcoin Cash price started a significant rise above the $320 resistance level. Bitcoin Cash is consolidating and could target further gains above the $350 resistance level. Bitcoin Cash price started a fresh rally above $330. The price is trading above the $335 level and the 100-hour simple moving average. A…
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Hut 8 and BITMAIN To Launch Next-Generation ASIC Bitcoin Miner with Liquid-to-Chip Cooling
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Hut 8 Corp. (Nasdaq | TSX: HUT), a leading Bitcoin mining company, announced today that it has Expanded BITMAIN Technologies Ltd., the world’s largest producer of Bitcoin mining servers, has announced the launch of the U3S21EXPH, a next-generation ASIC miner. This model will be the first commercial mass-produced mining rig…
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Bitcoin Short-Term Supply Drops At Fastest Pace Since 2012
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On-chain data shows that the supply of Bitcoin held by short-term holders has recently fallen at its fastest monthly rate since 2012. Bitcoin supply drops in the short term as investors hold on to it As CryptoQuant author Axel Adler Jr. explains in a new article, mail At X, the…