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...
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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 $29,000, while also calling for one Ethereum (ETH)-based altcoin to take off. Analyst Michaël van de...
Bitcoin Price Analysis: Stops Hit Below 28672
BTC/USD Stops Elected Below the 28672: Sally Ho’s Technical Analysis – 2 August 2023 Bitcoin (BTC/USD) continued to suffer from bearish momentum early in the Asian session as the pair depreciated sha...
Bitcoin Bollinger Bands Are The Tightest Ever, What Happens Next?
Last week, the 1W Bollinger Bands in Bitcoin reached its tightest level ever. The volatility measuring tool typically doesn’t give any indication of direction, however. Using historical data, we’ve ta...
Long-term Bitcoin holder supply posts new ATH, undeterred by price
On July 30, the amount of Bitcoin held by long-term holders reached an all-time high. According to data from blockchain analytics firm Glassnode, long-term holders now possess 14.55 million BTC, marki...
Barbie’s Margot Robbie Says Bitcoin Is for ‘Kens’—While Mattel Pushes NFTs
“Barbie” star Margot Robbie waded into the ever-lively crypto discourse this weekend, after playfully condemning Bitcoin as a stereotypically ‘Ken’ conversation topic—one she’s apparently repeatedly b...
Crypto Analysts That Failed to Predict the Bitcoin Price in July
These two crypto analysts failed to make accurate predictions for the crypto market in July, particularly regarding the Bitcoin (BTC) price. It can be difficult to time or predict the correct movement...
Bitcoin (BTC) Price Prediction – Maker (MKR) and Borroe ($ROE)…
According to experts, Bitcoin (BTC) may surge in early August 2023, thanks to the options expiry exercise. Also, Maker (MKR) recorded a massive price surge in July, and analysts are monitoring to see ...
US Presidential Candidate Ron DeSantis to End Biden’s ‘War on Bitcoin’ if Elected
Ron DeSantis – Governor of Florida and one of the Republicans’ presidential nominees – stated that the “war on Bitcoin and cryptocurrency” that Biden’s administration has supposedly waged will cease s...
Bitcoin ETF Hope Fading, BTC Fails to Break $30k While QUBE Defies Expectation as Presale Approaches $2 Million
InQubeta (QUBE) continues to exceed expectations as its presale closes down on the two-million-dollar mark. Over $1.9 million has been raised so far early on in the event as investors rush to buy up t...
Open Ordinals Institute Launches to Propel Bitcoin Ordinals Protocol
The Ordinals team, led by creator Casey Rodarmor, has introduced the “Open Ordinals Institute,” a non-profit organization aimed at advancing the Bitcoin Ordinals protocol and its reference...
Bitcoin support levels around $28k as historical data, models offer promising insight
Quick Take Bitcoin’s current trading position at $28,900 is perceived as being in uncharted territory, but certain models and historical data can provide insights into potential support levels. This a...
Borroe Leaves DOGE, BTC in The Dust Notwithstanding Tesla Validation For Both
Advertisement     Tesla’s CEO, Elon Musk, is a fan of Dogecoin (DOGE), and the billionaire surprised the world in 2022 when he announced that the car company would start accepting Doge...
Bitcoin Investor Sentiment Flips Toward Greed Despite Fall Below $29,000
Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally w...