Report Reveals MicroStrategy’s Critical Decision: Will They Sell or Hold Their Bitcoin?

A recent report by brokerage firm Bernstein sheds light on MicroStrategy’s potential need to liquidate its bitcoin (BTC) holdings, but only under significant price corrections, given its debt obligati...

Better than expected U.S. inflation sees Bitcoin up 1%

Quick Take U.S. Headline inflation, year-over-year, has come in at 3.0%, slightly lower than the 3.1% expected. The prior figure was 4.0% indicating a 1% drop from the new data and, thus, marking the ...

Bitcoin Briefly Tapped $31K Amid Lower Than Expected June US CPI Numbers

Bitcoin jumped by a few hundred dollars minutes after the US announced the CPI numbers for June. It’s worth noting that both the core and the overall Consumer Price Index were lower than estimated. Ac...

Vanguard Riot Bitcoin Mining Investment Boosts Positive Sentiment

Crypto miner Riot Platforms has recorded a weekly gain of almost 50%. The surge in RIOT share prices comes after Vanguard Group, one of the world’s largest asset managers, disclosed it acquired a 10.2...

Pro-Bitcoin Firm, Ark Invest, Sells $12 Million In Coinbase Shares

ARK Invest, the pro-Bitcoin investment firm led by Cathie Wood, has sold a portion of its COIN holdings – a NASDAQ-traded stock of Coinbase, a cryptocurrency exchange.  Ark Invest Sells Coinbase Share...

Gold surged 350% after first ETF approval; Could Bitcoin do the same?

The crypto community has been abuzz with anticipation over the potential approval of a spot Bitcoin exchange-traded fund (ETF) and its likely impact on BTC prices.  Enthusiasts believe that such an ap...

Vanguard: investment in Bitcoin mining

Yesterday, it was revealed that Vanguard has increased its investment in Bitcoin mining companies Marathon Digital Holdings and Riot Blockchain. The Vanguard Group and increased exposure to Bitcoin mi...

Struct Finance Transforms DeFi Landscape on Avalanche With the Launch of Tranche-based BTC.B-USDC Vaults

Tortola, British Virgin Islands, July 12th, 2023, Chainwire In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tail...

CPI Data For June Is A Bullish Surprise For Bitcoin And Crypto

The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surpr...

Will MicroStrategy Have to Sell BTC? Broker Bernstein Chips In (Report)

MicroStrategy is the world’s largest corporate holder of Bitcoin. The company is currently holding a whopping 152,333 BTC, worth over $4.6 billion at current prices. One of the most commonly discussed...

Bitcoin Proponent Says XRP Gearing for Big Move, Sets $10 XRP Target

In a surprising turn of events, a Bitcoin proponent has admitted XRP potential to stage a rally as he sets a target for $10 if the asset gets clarity. Crypto Caesar, a prominent crypto analyst and wel...

Resurgence in Bitcoin inscription demand: an overview

Quick Take Demand for inscriptions, such as Ordinals, the process of writing data into the blockchain via the Witness portion of a Bitcoin transaction, is experiencing a significant resurgence. Over t...

Bitcoin ETF: Coinbase shares soar

Shares of Coinbase continue to record green candles on the Nasdaq after the exchange reached a surveillance agreement with the CBOE for 5 different spot ETF applications on Bitcoin. Over the past mont...

Riot Platforms stock price is defying gravity as Bitcoin sleeps

Riot Platform’s share price has surged to the highest point since April 2022. This rally is happening as Bitcoin remains at $30,000. Riot Platforms stock price has made a bullish breakout even as Bitc...

“Tuttle Twins” Cartoon Features Entire Episode on Bitcoin

The “Tuttle Twins” – a conservative children’s cartoon series – recently featured an entire episode that discusses bitcoin and the notions of digital currency. “Tuttle Twins” Brings BTC to Children No...

Bitcoin price rises as investors turn to self-custody

On-chain data shows that bitcoin (BTC) has entered the accumulation phase over the past few months despite the high price fluctuations. According to data provided by Glassnode, the number of bitcoins ...

US CPI Inflation Cools To 3%; Bitcoin, Ethereum Price-In For Rally, US Dollar Falls

Crypto Market News: The annual CPI inflation for the month of June comes in a 3% against market expectations of 3.1%, according to the U.S. Bureau of Labor Statistics. In addition, the Core CPI inflat...

MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein

MicroStrategy’s (MSTR) plan to raise long term debt puts it under pressure to liquidate its bitcoin (BTC) holdings, but only in case of extreme price corrections, especially around its debt expiry whi...

Bitcoin trader eyes BTC price ‘Darth Maul candle’ as CPI due 2-year low

Bitcoin (BTC) eased higher into July 12 with the key macroeconomic event of the week just hours away. BTC/USD 1-hour chart. Source: TradingView CPI set to hit lowest since March 2021 Data from Cointel...

With Crumbling Economic Fundamentals, The Future Of Bitcoin Adoption In Norway Is Bright

This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway. Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global av...

Vanguard increases Bitcoin mining stake to over $0.5 billion

Vanguard Group, which manages $7.2 trillion in assets, has significantly ramped up its investments in the bitcoin mining sector, with its total stake now exceeding $560 million. Vanguards bitcoin mini...

Investors grow hungrier as more capital flows into Bitcoin and Ethereum

After enduring a turbulent year in 2022, investor sentiment toward cryptocurrencies has taken a positive turn in 2023. With improving economic circumstances, crypto assets are once again attracting in...

Bitcoin, Ethereum Seeing A Bullish Divergence In This Metric

A bullish divergence may be forming for both Bitcoin and Ethereum if the data of this on-chain indicator is anything to go by. Bitcoin & Ethereum Net Realized Profit/Loss Has Turned Negative Recen...

Coinbase Center Stage in Bitcoin ETF Push: Will the SEC Crack?

Cboe submitted revised applications to list and trade shares of three spot BTC ETFs. The revised application includes surveillance-sharing agreements with Coinbase. Coinbase is mired in legal battles ...

Examining the performance of Ethereum against Bitcoin across market cycles

Quick Take The Ethereum to Bitcoin ratio is currently at 0.061, as it hovers around year-to-date lows. The radio is calculated by dividing the price of Ethereum by the price of Bitcoin and offers an i...

The predictions by Tim Draper on Bitcoin price

Tim Draper, the billionaire investor, recently expressed his opinion regarding the price prediction of the crypto Bitcoin.  Specifically, he argues that it may still reach $250,000, although two years...

Gen Z “Falls In Love” With Bitcoin

Key Points: Gen Z is reshaping cultural trends and redefining financial models, with $360 billion in disposable income. Bitcoin is inherently aligned with Gen Z values such as transparency, inclusivit...

Bitcoin Is Here to Stay and Could Hit $250k in 2 Years, Says Tim Draper

The serial entrepreneur thinks the regulations by enforcement from the US SEC have significantly dragged the Bitcoin market from rallying further. The Bitcoin (BTC) market has undeniably shaken the tr...

Pro-XRP Lawyer Discusses BTC ETF Filings and Forecasts Market Shifts

The past few days have been stagnant for the crypto industry. The market continues to stay flat and there have been no significant changes in the price of Bitcoin (BTC). This is uncommon for an indust...

Elon Musk backs bold 2030 crypto forecast, potentially catapulting Bitcoin and Ethereum

Although the cryptocurrency market behemoths Bitcoin (BTC) and Ethereum (ETH) have been consolidating their gains recently, plenty of cryptocurrency supporters have shared their optimistic prognoses f...

Bitcoin cash price rises as Binance.US addresses recent concerns

Binance.US has responded to the recent FUD over trading bitcoin cash (BCH) and maintaining the coin’s reserves.  Binance.US encountered a temporary disruption in BCH withdrawals, which caused inconven...

Analysts Predict that Bitcoin Price will reach THIS Level by August 2023!

In the vast ocean of cryptocurrency, there stands a lighthouse, guiding every lost ship to the shore. This beacon, known as Bitcoin, was the first-ever cryptocurrency, and even years after its incepti...