One analyst pointed to Bitcoin’s fractal patterns as evidence that holders are positioning the asset for sustained growth. Data suggested that Bitcoin is far from its cyclical market peak, leaving roo...
Category: Bitcoin
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This Public Company’s Stock Price Just Doubled After Revealing Bitcoin Buying Plan
Yet another publicly traded company says it’s going all in on Bitcoin—and immediately reaped the benefits. SOS Ltd, a China-based cloud computing and crypto mining firm, announced on Wednesday ...
IREN Surges on Renewed Interest From Hyperscaler, Possible Bitcoin Dividend Payment
Bitcoin miner IREN (IREN) rose nearly 30% on Wednesday after executives said the company had received interest from an artificial intelligence (AI) firm and mentioned a potential dividend in BTC durin...
Then They Fight You: Bitcoin and the United States’ Fiscal Crossroads
Introduction Scholars dispute whether it was Mahatma Gandhi who first said, “First they ignore you, then they laugh at you, then they fight you, then you win.” What cannot be disputed is that advocate...
Chinese SOS Ltd to buy Bitcoin worth $50m for reserve
China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency. SOS CEO and chairman Yandai Wang said the publicly trad...
Chinese data miner SOS’ stock surges 100% after board approves $50 million Bitcoin investment
SOS Limited, a Chinese data mining and technology company, announced on Nov. 27 that its board has approved a $50 million investment in Bitcoin (BTC) to diversify its assets and capitalize on the flag...
How Did Long-Term Bitcoin Holders Reacted to BTC’s Rally?
Long-term Bitcoin (BTC) holders have started taking profits since the cryptocurrency price attempted to reach $100,000. As a result, Bitcoin’s price has retraced to $93,000, affecting the value of the...
Is Bitcoin’s recent slump over? BTC ‘golden cross’ suggests…
Journalist Posted: November 27, 2024 The latest price decline didn’t reset the local top risk signal, according to Bitcoin’s NVT Golden Cross. U.S. investor demand turned negative for the first time s...
Chinese Firm SOS To Buy Up To $50M Worth Of Bitcoin
Publicly-listed Chinese firm SOS Limited has unveiled its plans to strength its global crypto investment strategy with a $50 million allocation into Bitcoin (BTC). The company looks to bolster its inv...
Will Bitcoin Price (BTC) Break $140K or Face Reversal
Bitcoin saw explosive growth immediately after the recent U.S. presidential elections, rising and retaking the spotlight from former highs of $73,000 in March. Now the question is, will bitcoin (BTC) ...
Bitcoin to Hit $1.0 Million After $0.1 Million, Samson Mow Insists
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended ...
Will The Bitcoin Price Repeat the November 28 ATH Pattern of 2013 and 2017 in 2024?
Bitcoin consistently captures headlines, and over the years, November 28 has emerged as a pivotal date in its history. On this day in 2013 and 2017, Bitcoin surged to new ATHs, sparking global interes...
Brazil Proposes National Bitcoin Reserve Plan
A new legislative proposal has emerged from Brazil, aiming to create a national Bitcoin reserve to diversify the nation’s financial assets. Introduced by lawmaker Eros Biondini, the bill suggests allo...
Vancouver mayor proposes Bitcoin as city reserve asset for stability
Vancouver Mayor Ken Sim proposes Bitcoin as a reserve asset to protect purchasing power. Jeff Booth supports Ken Sim’s proposal, recognizing Bitcoin’s potential as a strategic asset. Former USA CFTC C...
Correction for Bitcoin in Coming Weeks Could Be Beneficial for Bull Market, According to Rekt Capital – Here’s Why
A closely followed crypto analyst says that a price correction for Bitcoin in the coming weeks could be beneficial for BTC‘s bull market. In a new video update, pseudonymous crypto strategist Rekt Cap...
Bitcoin Settles Around $93,000 Ahead of the Holiday Season
Bitcoin retraced 9.5% after reaching a $99,800 all-time high on November 24. MSTR plunged 35% after MicroStrategy purchased $5.4 billion worth of Bitcoins. Ethereum picking up momentum as Bitcoin’s ra...
BTC sees pre-Thanksgiving lift after ‘healthy’ correction
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Bitcoin’s drop below $91,000 yesterday (those words would have spurred a double-take a month ago) felt rather ...
MARA Buys $67M in Bitcoin, Will BTC Price Hit $100K?
Marathon Digital Holdings (NASDAQ: MARA), a leading Bitcoin (BTC) mining firm, announced a significant expansion of its BTC holdings on X. It has acquired BTC worth over $67 million recently as it con...
Bitcoin’s Path To $100,000 Milestone Still Intact – Here’s What BTC Must Do
Despite recent price fluctuations in the past few days, there is still robust optimism and confidence in Bitcoin‘s potential for a significant rally in the short term. Multiple seasoned crypto analyst...
Vancouver Mayor Proposes Bitcoin as Reserve Asset in Effort to Diversify City Investments
Vancouver Mayor Ken Sim has proposed an innovative plan to incorporate Bitcoin into the city’s financial strategy, aiming to bolster its reserve assets. This proposal underscores a significant shift i...
Tim Draper Expects Bitcoin to Hit $250,000
Tim Draper, a prominent billionaire venture capitalist, asserts that Bitcoin (BTC) will ascend to a staggering $250,000. This forecast marks his continued optimism, which he first expressed back in 20...
Bitwise CIO says Bitcoin’s $0 risk is gone, pullbacks now attract buyers
Key Takeaways Bitcoin’s risk of falling to zero has disappeared, attracting value-focused buyers during pullbacks. The market has matured, with reduced price correction intensity indicating a gr...
US Inflation Data Comes In Line With Expectations at 2.3%, Bitcoin Climbs To $95K
The US PCE inflation data has come out in line with expectations. Inflation rose by 2.3% year over year (YoY). Meanwhile, US inflation increased by 0.2%, similar to the September data. The Core PCE da...
November 2024's Best Blockchain Insights: Qubetics, Bitcoin, and Ethereum
Crypto enthusiasts, have you been keeping up? Bitcoin’s inching toward a jaw-dropping $100K, and Ethereum’s recent updates are turning heads across the blockchain world. This November is bringing some...
Will BTC Surge to $100K or Crash to $88K First? (Analysis)
Bitcoin’s recent explosive price action has resulted in a significant surge in profit-taking among long-term holders (LTHs). According to a review by Glassnode, the LTHs have realized $2.02 billion in...
Bitcoin price could surge to $500k, crypto millionaire predicts
Bitcoin price bounced back on Wednesday, ending a two-day retreat that pushed it near the $90,000 level. Bitcoin’s (BTC) rebound happened after a major court victory by Tornado Cash, a crypto mixer. I...
MicroStrategy funds resort to risky strategies amid MSTR, bitcoin dip
Although bitcoin and MicroStrategy (MSTR) are both up on the day, Michael Saylor’s company is still roughly 30% below last week’s all-time high. In search of an explanation, investors are looking beyo...
Is Germany Ready For A Bitcoin Reserve? Lawmaker Cotar Pushes For Strategic Plan
Joana Cotar, a member of the German Bundestag and a longtime advocate of Bitcoin (BTC) adoption, is pushing back against the government’s recent decision to sell its BTC holdings. Having witnessed th...
YouTube Rival Rumble Announces Up to $20,000,000 Allocation to Bitcoin Treasury Strategy
YouTube rival Rumble says it will allocate up to $20 million of its excess cash reserves toward Bitcoin (BTC). The online video platform announced in a press release this week that its board of direct...
Over $409 Million in Long Positions Wiped Out after Bitcoin Slipped Below $95,000 ⋆ ZyCrypto
Advertisement     Bitcoin’s journey towards its much-anticipated $100,000 milestone suffered a significant setback as the cryptocurrency tumbled this week, dropping as low as $91,095 o...
Cryptoquant Data Points to Potential Bitcoin Surge Beyond $146K
Bitcoin’s record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for f...
Bitcoin Pullback Concerns Fade: Investors Seek New Entry Points, Says Bitwise CIO Matt Hougan
In a recent update from COINOTAG on November 28th, Bitwise Chief Investment Officer Matt Hougan discussed the dynamics influencing Bitcoin’s recent price fluctuations. He identified a significant fact...