Here’s Why BTC’s Bullish Thesis Remains Strong Despite Break Below $29K: Bitfinex Report

After being trapped between $31,500 and $29,500 for more than a month now, Bitcoin broke below the price range due to a lack of positive stimuli. Higher timeframe on-chain metrics, however, continue t...

Buying $750M In Bitcoin? MicroStrategy Prepares Stock Sale

MicroStrategy Incorporated (NASDAQ: MSTR), one of the most prominent corporate Bitcoin holders globally, has announced plans to sell up to $750 million of its Class A common stock. The company signale...

Bitcoin Addresses In Loss Soar To One-Month High Amid Mixed Market Indicators

Bitcoin, the pioneering cryptocurrency, is currently exhibiting mixed market signals, according to the latest data from Glassnode. The analytics firm points out that Bitcoin addresses in loss have rea...

MicroStrategy Buys Another 420 BTC For $14.4 Million

Bitcoin (BTC) whale MicroStrategy announced on Tuesday that it has gobbled up another 420 BTC since its last announcement in June. This brings the company’s total holdings up to 152,800 BTC worth $4.4...

Bitcoin: Can whales’ exchange activity cause BTC to decline?

The Bitcoin exchange whale ratio reached its ATL, indicating a possible BTC decrease. Price-DAA suggested a possible exit position amid low volatility.  Bitcoin [BTC] lost hold of the $29,000 region f...

MicroStrategy added 467 BTC to balance sheet in July

Michael Saylor’s MicroStrategy released earnings on Tuesday after the bell.  The stock is up 200% year to date and is inching closer to its 52-week high of $478 with its Tuesday closing price of $434....

Margot Robbie’s Barbie Film Takes A Bitcoin Twist With “Ken Energy” Quip

Margot Robbie, the lead actress in the new Barbie movie, has sparked a conversation within the cryptocurrency community following her playful dismissal of Bitcoin (BTC) as a stereotypically “Ken” topi...

MicroStrategy made largest Bitcoin purchase since 2021 in Q2 2023 amid slight revenue decrease

In its Aug. 1 financial results, business intelligence firm MicroStrategy said it acquired substantial Bitcoin during Q2 2023. Andrew Kang, Chief Financial Officer at MicroStrategy, said: “The additio...

BlackRock CEO Larry Fink Is The Best Thing To Happen To Bitcoin, Mike Novogratz Says

BlackRock officially announced its entrance into Bitcoin earlier this year by filing for a Spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC). Although the regulator is y...

Bitcoin is Done With a Correction, But a Steep Downfall to Follow Dragging BTC Price Closer to $28,000

It has been a few hours since the Bitcoin price slipped below the crucial $29,000 resistance levels and has been constantly failing to regain them. The month, which started with a huge plunge, is one ...

Bitcoin Heads Toward $28,500 – BTC Traders Now Eye This Level Next

Today’s discussions have been dominated by Bitcoin’s price, as recent market trends have pushed the asset below the significant $29K threshold, leading to its consolidation. With the beginning of Augu...

Will Wall Street Interest in Bitcoin Scare Cypherpunks Away?

Institutional investors are more interested in the crypto world than ever before—and now they’re putting their money where their mouth is. Some are wondering, however, whether Bitcoin may lose its rai...

MicroStrategy Grows Bitcoin Holdings; How Much BTC Will It Add?

Crypto News: MicroStrategy on Tuesday announced financial results for the second quarter that ended on June 30, 2023. The company revealed that it holds as many as 152,800 BTC as of July 31, 2023. The...

Lightspark CEO Outlines The Challenges Of Building On The Bitcoin Lightning Network

The CEO of Lightspark, David Marcus, has come forward to share his experiences on building atop the Bitcoin Lightning Network. Marcus noted the challenges the Lightning Network held for builders, stat...

Microstrategy Incurs $24 Million Impairment Charge On Bitcoin Holdings In Q2 ‘2023

– Advertisement – MicroStrategy reported revenue of $120 million and gross profit of $93 million in Q2 ‘2023.  The company incurred an impairment charge of $24 million on its 152,333 BTC w...

Bitcoin (BTC) Traders Experience Heavy Losses, Compound (COMP) Price Struggles; Perfect Time to Invest in Borroe ($ROE)  

Last week, Bitcoin (BTC) fell below $29,000 support briefly and almost triggered selling pressure in the market. In other news, Compound (COMP) struggled to maintain steady momentum after its CEO’s ex...

Decoding the 155-day cycle: An analysis of long-term Bitcoin holders and market trends

Quick Take The study of long-term Bitcoin holders’ behavior, especially those who have maintained their investments for over 155 days, provides fascinating insights into market patterns. Our analysis ...

Bitcoin loses $29K as traders flag key BTC price levels to watch next

Bitcoin (BTC) shed 2% into the start of August as traders’ expectations of further downside slowly came true.  BTC/USD 1-hour chart. Source: TradingView Bitcoin short-term holder breakeven point in fo...

MicroStrategy Books Impairment Charge of $24.1M on Massive Bitcoin Holdings in Q2

“Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest increase in a single quarter since Q2 2021,&...

Crypto Analyst Warns Chainlink Positioning for Downside Move, Updates Outlook on Bitcoin and Dogecoin

A widely followed crypto strategist warns that the decentralized oracle network Chainlink (LINK) could witness a significant move to the downside. Pseudonymous analyst Rekt Capital tells his 348,800 T...

Genesis Digital Assets Unveils Massive Bitcoin Mining Expansion In South Carolina

Key Points: Genesis Digital Assets (GDA) opens three new Bitcoin mining data centers in South Carolina’s Western region, further establishing its presence in the United States. The data centers levera...

Bitcoin and InQubeta Edge Higher after Fed Rate Hike; More Upsides For QUBE Upcoming?

The United States Federal Open Market Committee (FOMC) recently raised interest rates by a quarter percentage point. This move was taken to counter the effect of inflation on the world’s financial mar...

Is Bitcoin on Slippery Slope? Factors Point to Potential $27,000 Plunge

Arman Shirinyan Diminishing institutional inflows and dwindling hopes for Bitcoin ETF approval spell potential bearish trend for Bitcoin Bitcoin’s price dynamics have been the subject of immense...

Margot Robbie Says Bitcoin Has “Ken Energy” as Quip Appears Canonical to Barbie Film

Ken’s job in the Barbie movie might literally be Bitcoin. Influencers across the crypto sphere went wild for Robbie’s remarks last week. During a recent interview, the Australian actress (Wolf of Wall...

Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next

Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The ...

Memecoins About To Be Flushed Out by Bitcoin, Says Top Crypto Analyst Benjamin Cowen – Here’s How

Top crypto analyst Benjamin Cowen thinks a lot of memecoins still need to get flushed out by Bitcoin (BTC) in the current market cycle. In a new YouTube video, Cowen informs his 784,000 subscribers th...

Crypto Analyst Predicts Imminent Bounces for Bitcoin (BTC) and One Ethereum-Based Altcoin

A closely followed crypto strategist is predicting a quick Bitcoin (BTC) bounce after dipping below $29,000, while also calling for one Ethereum (ETH)-based altcoin to take off. Analyst Michaël van de...

Bitcoin Price Analysis: Stops Hit Below 28672

BTC/USD Stops Elected Below the 28672:  Sally Ho’s Technical Analysis – 2 August 2023 Bitcoin (BTC/USD) continued to suffer from bearish momentum early in the Asian session as the pair depreciated sha...

Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?

Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve ta...

Long-term Bitcoin holder supply posts new ATH, undeterred by price

On July 30, the amount of Bitcoin held by long-term holders reached an all-time high. According to data from blockchain analytics firm Glassnode, long-term holders now possess 14.55 million BTC, marki...

Barbie’s Margot Robbie Says Bitcoin Is for ‘Kens’—While Mattel Pushes NFTs

“Barbie” star Margot Robbie waded into the ever-lively crypto discourse this weekend, after playfully condemning Bitcoin as a stereotypically ‘Ken’ conversation topic—one she’s apparently repeatedly b...

Crypto Analysts That Failed to Predict the Bitcoin Price in July

These two crypto analysts failed to make accurate predictions for the crypto market in July, particularly regarding the Bitcoin (BTC) price. It can be difficult to time or predict the correct movement...