Japanese cryptocurrency exchange DMM Bitcoin will cease operations by March 2025 following a hack that resulted in losses exceeding $300 million. This decision follows months of recovery efforts that ...
Category: Bitcoin
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Bitcoin And Ether ETFs Set Record $7.6 Billion Inflows Amid Trump’s Crypto Push
Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cr...
Peter Brandt Warns Bitcoin USD Expectations Are Too High
Peter Brandt warned that investors are too bullish on Bitcoin USD (BTC) amid mixed signals from traditional markets. In his recent post on X, Brandt urged investors that Bitcoin’s periods of sustained...
Will Bitcoin (BTC) Price Break $100,000 Before the Year Ends? Here’s Bullish Oracle Tom Lee’s Latest Insights
Fundstrat Global Advisors Chief Investment Officer Tom Lee confidently predicted in a forecast that Bitcoin will close “well above $100,000” before the end of 2024. Speaking on CNBC, Lee touched on th...
MicroStrategy Expands Bitcoin Holdings While Marathon Digital Pursues $700 Million Offering, Reflecting Corporate Interest in BTC
MicroStrategy’s recent acquisition of 15,400 BTC highlights a significant trend in corporate investment in Bitcoin, now totaling 402,100 BTC. Marathon Digital Holdings is also taking a major step by a...
Bitcoin Price Expected $150,000 Target Highlights an Altcoin Set to Explode from $0.004 to $1
The proposed US Bitcoin strategic reserve is expected to take the Bitcoin price to $150,000. Analysts also highlighted that an RWA project will rally more than most altcoins and deliver a massive 24,9...
US Government Reportedly Moves Large Amount of Bitcoin to Coinbase
Approximately $2 billion worth of Bitcoin (BTC), which was seized by the US government in connection with the Silk Road marketplace years ago, was transferred to Coinbase Prime, the exchange’s i...
Bitcoin Mining Revenue Rises as Public Firms Reap Sizable Stock Gains: JP Morgan
As the price of Bitcoin swelled past $99,500 last month, some publicly traded Bitcoin miners saw their stock prices soar, according to a research note released by JP Morgan Monday. The collective mark...
US Government Moves $1.9 Billion in Bitcoin from Silk Road Seizures to Coinbase Prime, Raising Strategic Trade Speculations
A recent transfer of Bitcoin linked to the notorious Silk Road scandal has raised eyebrows in the crypto community. This move, involving more than $1.9 billion worth of Bitcoin, could signal changes i...
US Government Moves Nearly $2 Billion in Silk Road Bitcoin to Coinbase
The feds on Monday moved nearly $2 billion of seized Bitcoin from shuttered dark web marketplace Silk Road to Coinbase, blockchain data shows. Arkham Intelligence flagged the transactions by the Unit...
Bitcoin ETFs Hit $6.3 Billion Inflows in November
November saw total inflows for bitcoin exchange-traded funds (ETFs) surpass previous monthly records, reflecting heightened institutional and retail interest. Record Month for Bitcoin ETFs November 20...
Bitcoin Sets Record Monthly Green Candle for November
Bitcoin has shattered records in November 2024, achieving an unprecedented monthly gain of $26,400 and closing at approximately $96,400. This surge represents a 37% increase, marking November as the s...
XRP Surpasses Tether as Third-Largest Cryptocurrency Amid Major Bitcoin Moves by MicroStrategy and Ethereum ETF Hopes
The cryptocurrency market begins the week on a high note as XRP surges to rank as the world’s third-largest digital asset, marking a significant shift in market dynamics. In a bold move, MicroStrategy...
Traders Buy Bitcoin Dips Below $95,000: Will This Prevent a Larger Correction in BTC?
Bitcoin traders are actively purchasing price dips below $95,000, sparking discussions about whether these efforts can stave off a larger market correction. Despite Bitcoin’s recent ascent towards $10...
JPMorgan Releases New Report on Bitcoin Network Following Recent Volatility
Bitcoin mining profitability increased significantly in November, thanks to record-high prices and rising transaction fees, according to a research report published today by JPMorgan. However, the ban...
XRP Surges Another 45%, Crushing Recent Bitcoin and Dogecoin Gains
XRP continued to surge into Monday, jumping to a price of $2.74—the highest mark seen since January 2018, and boosting the price by more than five times over the last 30 days. The Ripple-linked crypto...
$300M Bitcoin Hack Forces Japanese Crypto Exchange to Cease Operations
Japanese cryptocurrency exchange DMM Bitcoin announced its decision to shut down operations following a severe security breach in May that resulted in more than $300 million in losses. The latest repo...
Bitcoin Price Dips After Nearly $2 Billion Seized From Silk Road Transferred to Coinbase
The cryptocurrency market has reacted sharply as nearly $2 billion worth of Bitcoin seized from the Silk Road is transferred to Coinbase. The movement of these assets not only impacts Bitcoin’s market...
PlanB Doubles Down on Massive Bitcoin Price Prediction for Market Cycle Peak – Here’s His Outlook
Popular quant analyst PlanB is doubling down on his prediction that Bitcoin (BTC) will surge to an astronomical value in the current bull market cycle. In a video update, the pseudonymous analyst tell...
MicroStrategy Buys Another $1.5 Billion in Bitcoin, Now Holding 400K BTC
Software company MicroStrategy today announced another massive Bitcoin buy—the fourth such purchase in as many weeks. The newly dubbed “Bitcoin development company” said Monday that it bought approxi...
Ethereum Sees Record Inflows as Bitcoin Experiences Outflows, Indicating a Potential Shift in Investor Sentiment
The latest financial trends hint at a significant shift in crypto investments, with Ethereum (ETH) overtaking Bitcoin (BTC) in popularity among investors. New data from CoinShares reveals that 2024 ha...
Bitcoin Miner Marathon Buys $618 Million Worth of BTC
Bitcoin miner Marathon Digital paid $618 million cash to acquire approximately 6,484 Bitcoin, the company said in a new SEC filing. The Florida company appears to have bought near the top, paying an a...
Dogecoin Could Be Set for a Significant Breakout Against Bitcoin Amid Rising On-Chain Activity
Dogecoin demonstrates significant breakout potential against Bitcoin, fueled by a notable increase in on-chain activity and market buzz. Since the beginning of the year, DOGE has surged approximately ...
Will Bitcoin Drop to $60,000 Soon?
Renowned author and entrepreneur Robert Kiyosaki has shared his insights on the current Bitcoin price landscape, predicting a potential drop from $100,000 to $60,000. He sees this anticipated decline ...
Why Has The Bitcoin Price Never Surpassed $100,000? Here’s an Analyst’s View
Bitcoin started the week on a downward note, dropping nearly 2% to around $95,000 before recovering. BTC has been hovering between $90,000 and $98,000 for the past two weeks, struggling with persisten...
Microsoft Could Boost Profits if it Adopts a Bitcoin Strategy, Saylor Tells Board
MicroStrategy co-founder Michael Saylor shared a detailed Bitcoin adoption strategy with Microsoft’s board of directors, demonstrating how the tech giant could reach up to $584 per share for its...
MicroStrategy and MARA Double Down on Bitcoin Purchases
MicroStrategy has purchased $1.5 billion worth of Bitcoin, while Marathon Digital Holdings is raising $700 million to extend its Bitcoin purchases. MicroStrategy’s acquisition adds 15,400 bitcoins to...
MicroStrategy Expands Bitcoin Holdings with $1.5 Billion Acquisition
The firm now has 402,100 BTC, or more than 1.2% of the entire supply of Bitcoin. The company paid $23.4 billion, or $58,263 per coin, for these coins. For the fourth week in a row, software firm Micro...
Bitcoin Exchange Balances Plunge as Long-Term Holders Help Drive Price to $98,000
Bitcoin balances on crypto exchanges have reached historic lows, as on-chain data points to a rapid depletion of available inventory. A recent note from 10X Research on Sunday highlighted the trend, ...
Altcoins Poised For December Gains As Bitcoin Loses Ground
Este artículo también está disponible en español. Although Bitcoin remains the world’s top digital asset, its price oscillating between $90k and $96k this week, some experts are looking ahead and beyo...
Exploring the Potential of Bitcoin for Bill Payments: Benefits and Considerations
Cryptocurrency is reshaping the way people manage their finances, offering innovative solutions for paying everyday bills directly from digital wallets. As major companies and specialized platforms em...
Crypto’s Victimhood: Analyzing Allegations of Debanking and Wall Street’s Evolving Acceptance of Bitcoin
This holiday season, crypto critics are voicing concerns over the industry’s strained relationship with traditional banking. Despite a market valuation of $3.6 trillion, prominent figures within the c...