Cencora pays $75 million in Bitcoin in the largest known case of ransomware attack

Key Takeaways Cencora paid $75 million in Bitcoin, the largest known cyber extortion payment to date. The healthcare sector is increasingly targeted for high-value ransomware attacks. Cencora Inc., a ...

MicroStrategy Raises $875M in Convertible Notes, Eyes More Bitcoin

MicroStrategy raises $875M in convertible notes to buy Bitcoin and redeem older notes. The notes mature in 2028 with a 0.625% interest rate, payable semi-annually in cash. MicroStrategy plans to redee...

Financial Author Shares When Bitcoin Will Hit $1 Million

Investment strategist Lyn Alden has tipped Bitcoin to trade at $1 million per coin in the next decade. Lyn Alden, the famous author of “Broken Money,” has set a lofty price target for Bitcoin. In an i...

MicroStrategy Upsizes Debt Offering to $875 Million to Buy More Bitcoin Amid Stock Price Drop

MicroStrategy has announced an increase in its convertible senior notes offering from $700 million to $875 million. This move signifies the company’s intent to purchase more Bitcoin amidst fluctuating...

Here’s Why Scaramucci Expects Bitcoin to Hit $100K Before Year-End

Anthony Scaramucci, the founder of the investment firm SkyBridge Capital, has backed his prediction that bitcoin (BTC) will reach $100,000 before the end of the year with two potential drivers. In a W...

Bhutan Government Holding $750,000,000 Worth of Bitcoin (BTC): Arkham

The government of Bhutan reportedly holds more than $780 million worth of Bitcoin (BTC), according to the crypto de-anonymizing platform Arkham. Arkham notes that Bhutan, a South Asian country of only...

Bitcoin Price (BTC) Fell 0.6% While Ether Price Dropped 1.9%

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River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve

River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency stand...

Speculation grows as Ceffu deposits nearly $1B BTC to Binance in three months

Ceffu, one of the biggest institutional custodians for Bitcoin (BTC), sent nearly $1B worth of coins in the past three months. Ceffu outflows to Binance coincided with other whale sales, often resulti...

BTC price fluctuates ahead of expected Fed rate cut

Just hours away from the Federal Reserve’s expected rate reduction from its current 5.25%-5.50% range, the question remains whether the cut will amount to 25 basis points or 50bps. The Federal Open Ma...

Bitcoin (BTC) shaping up for big price move

Bitcoin (BTC) has been on the verge of blowing through the top of its bull flag on several occasions. However, the price was rejected every time. Will this time be different? Bitcoin biggest benefacto...

Fed’s Potential Rate Cuts Could Propel Bitcoin Prices, Reports Binance Study

The Federal Reserve’s upcoming decision might significantly influence the Bitcoin and altcoin markets, according to Binance’s recent research. The Federal Open Market Committee (FOMC) is set to conven...

Don’t count on China’s trillion-dollar stimulus to rescue Bitcoin

Could a flood of new liquidity from China’s massive stimulus spill into the crypto market, or is the excitement surrounding Bitcoin just misplaced optimism? Bitcoin to the moon? Lately, there’s been a...

Fed’s Guidance Critical for Bitcoin Momentum, Warns CEX.IO Analyst Illia Otychenko

On September 18, according to Decrypt and reported by COINOTAG, CEX.IO’s chief analyst Illia Otychenko emphasized that although lower interest rates often benefit risky assets such as Bitcoin, the pri...

FBS Analysts Explore Bitcoin’s Growing Potential Amid US Election Uncertainty

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared...

Bitcoin Faces Potential Decline Amid FED Rate Decision Anticipation

The crypto market has been experiencing significant fluctuations, with Bitcoin seeing notable movements. Various market indicators suggest that Bitcoin’s recent upward trend may not be sustained in th...

Blackrock makes its case for Bitcoin as its price stalls

Blackrock, the largest asset manager in the world, has published a comprehensive report on Bitcoin.  In a report, BlackRock executives Samara Cohen, Robert Mitchnick, and Russell Brownback noted that ...

Samourai Wallet Founder Denied Bail Alteration Amid Bitcoin Privacy Concerns

Keonne Rodriguez, co-founder of Samourai Wallet, faced a legal setback when a Southern District Court of New York denied his request to alter his bail conditions. The court maintained these conditions...

Bitcoin Predicted to Crash After Fed Rate Cut, But Long-Term Bullish Trends Remain

The upcoming FOMC meeting is anticipated to have a significant impact on the crypto market. Noteworthy perspectives suggest that market volatility will follow the announcement. Arthur Hayes, a known f...

Bitcoin Holds Steady Near $60k Amid Federal Reserve Rate Decision Anticipation

Bitcoin (BTC) is trading close to $60,000, demonstrating a strong position just before the Federal Reserve’s impending interest rate decision. Ethereum (ETH), the second-largest cryptocurrency by mark...

MatrixPort and exSat establish Comprehensive Strategic Partnership to Drive Bitcoin Ecosystem Innovation

Singapore, Singapore, September 18th, 2024, Chainwire MatrixPort, a leading digital asset financial services platform and exSat, a breakthrough Bitcoin scalability solution, have entered into a compre...

MicroStrategy increases convertible note offering by 25% to buy more Bitcoin

MicroStrategy has raised its convertible note offering to $875 million, with plans to use the proceeds for redeeming existing debt and acquiring more Bitcoin. Business intelligence firm MicroStrategy,...

Bitwise CIO highlights BTC as key risk-on asset as ETF inflows surge amid 50bps rate cut possibility

Key Takeaways Bitcoin ETFs recorded $502 million in inflows over four trading days amid Fed rate cut speculation. Fidelity’s FBTC led recent inflows with $175.3 million, outpacing other major ET...

Smart Whale Sells $11.6M BTC After Five Months of Dormancy!

A smart whale sold 200 BTC after being dormant for five months, netting over $168 million in total profits. Bitcoin saw $436 million in inflows as investor optimism grows, while Ethereum faces outflow...

Bitcoin’s Response to Today’s Fed Interest Rate Decision Could Signal Market Correction

The Federal Reserve’s interest rate decision today could be a significant indicator for the direction of cryptocurrencies. At 21:00 Turkish Standard Time (TSI), the FED is expected to announce an inte...

Bitcoin Miners’ Actions Hold Key to Market Movements: Insights from Santiment

In the crypto market, miners along with whales often have a significant influence on prices. According to Santiment, the amount of cryptocurrency held by miners is crucial for understanding market mov...

BlackRock Bitcoin ETF sees first inflow in weeks: Investors favor BTC again?

Journalist Posted: September 18, 2024 Bitcoin ETFs saw renewed inflows, with BlackRock’s IBIT recording $15.8 million on the 16th of September. Major ETF inflows positively influenced Bitcoin’s price,...

Bitcoin Presents Opportunity For Parabolic Rally Ahead Of Widely Anticipated Jumbo Rate Cut ⋆ ZyCrypto

Advertisement &nbsp &nbsp Worn down by months of lackluster price action, crypto investors are looking forward to the Federal Reserve cutting interest rates today as a key catalyst for a meteo...

Anthony Scaramucci Predicts When Bitcoin Can Hit $100K

Skybridge Capital co-founder Anthony Scaramucci has once again caused a stir within the crypto community with his bullish remarks on Bitcoin (BTC). The hedge fund manager on Wednesday anticipated a re...

Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. ...

Arthur Hayes Predicts Fed Rate Cuts Will Crash Bitcoin and Crypto Market

Arthur Hayes predicts that Federal Reserve interest rate cuts could lead to a significant downturn in the Bitcoin and cryptocurrency market. Anticipations grow as the Federal Reserve considers a rate ...

Critical FED Interest Rate Decision Expected in Bitcoin Today! What Time Will It Be Announced? Here Are the Expectations and Things to Know!

The FED left interest rates unchanged at 5.25-5.50 percent in July, as it has for over a year. Following the July decision, markets are now awaiting the September interest rate decision. When Will the...