A historical look at Bitcoin’s reaction to debt ceiling negotiations

Quick Take May 19, 2013: The U.S. debt ceiling was formally raised to approximately $16.699 trillion. The price was $116.3, with a percentage gain of 4.7%. October 17, 2013: The crisis ended with the ...

‘One of the greatest’ Bitcoin metrics says BTC price bull run is here

Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says. In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading sui...

Tether Uses 15% Of Its Net Realized Operating Profits To Purchase Bitcoin

Key Points: Tether intends to increase its reserves with the aid of Bitcoin and shift away from government obligations issued by the United States. The company indicated that it would dedicate up to 1...

Celsius’ Latest Bitcoin Mining Stats Show Signs Of Improvement

Celsius Network recently filed an update on its ongoing activities, including Bitcoin mining operations. The latest numbers revealed that the bankrupt crypto lender increased the number of rigs deploy...

Tether: up to 15% of its profits in Bitcoin

It’s official: stablecoin Tether will allocate up to 15% of its net realized operating profits to the purchase of Bitcoin.  Below are all the details.  Tether plans to increase Bitcoin purchases As we...

Bitcoin Miner, Cormint Raises $30 Million in Series A Funding 

One of the biggest and most emerging Bitcoin mining companies, Cormint Data Systems, Inc. (“Cormint”), announced in a press release that it has raised $30,000,000 in Series A equity funding.  The Seri...

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, w...

Bitcoin self-custody advocate explains why on-ramps are key to adoption

Software developer Jameson Lopp believes improving usability and the user experience of Bitcoin (BTC) self-custody solutions and making more avenues to acquire BTC will be key in the further adoption ...

UK Treasury Committee Claims Bitcoin Has “No Intrinsic Value” And Often Used For Scams

Key Points: UK MPs recommend regulating consumer crypto trading and speculation as gambling due to significant risk and high volatility. Bitcoin and Ether have “no intrinsic value and no useful social...

IOVLabs Launches a $2.5 Million Grants Program and the Scaling Bitcoin Hackathon To Usher In New Builders

May 17, 2023 – Miami, Florida IOVLabs, one of the global blockchain technology leaders, announced the launch of a $2.5 million strategic grants program to further enhance the development and adoption ...

Bitcoin on-chain metrics suggest an early bull market

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Developments like the introduction of bitcoin-based smart contracts and other key on-chain metrics suggest the global c...

Cryptocurrencies extend correction as Bitcoin dips below $27,000 – Cryptopolitan

Bitcoin price analysis shows a downtrend BTC slips below $27,000 as consolidation persists. Bitcoin’s recent correction follows a peak rally, reaching $30,000 in mid-April. Today’s Bitcoin price...

Tether and its plans to buy BTC: These changes can be anticipated thanks to…

Tether to use up 15% of its net realized operating profits to buy more BTC.  Potential demand for BTC may witness a surge as Tether announces plans to buy. Tether might be about to spice things up in ...

Bitcoin Holds Steady as EU’s MiCA Regulation Gets Another Green Light ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin continued to hold on strong Wednesday, albeit displaying minimal volatility in the past six days.  Earlier this week, the top cryptocurrency ...

Bitcoin Volatility Still a Major Problem, Analysts Say

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin has appeared to be on something of a roll over the past three months, but according to many analysts, the ...

IOVLabs Announces $2.5 Million Grants Program, Launches Scaling Bitcoin Hackathon

Vladislav Sopov Bitcoin-focused Web3 ecosystem IOVLabs, developer of Rootstock blockchain and Rootstock Infrastructure Framework (RIF), shares details of its incubation program and upcoming hackathon ...

USDT Issuer Tether to Enhance Reserves via Regular Bitcoin Purchase

Stablecoin issuer Tether has announced plans to purchase Bitcoin with 15% of realized operating profits routinely. Tether International Limited (Tether) seeks to further consolidate its reserves by pu...

Tether to spend profits on growing its mysterious bitcoin reserves

Tether, the world’s largest stablecoin, has announced its intention to use up to 15% of its profits to purchase additional bitcoin. As of March 31, the approximately $1.5 billion in bitcoin Tether hel...

How to Buy Bitcoin with Visa Gift Card?

If you want to buy Bitcoin with a Visa gift card, you’ll most likely have to use a P2P (peer-to-peer) cryptocurrency marketplace. P2P cryptocurrency marketplaces provide a platform where cryptocurrenc...

Bitcoin ‘Flipping Frenzy’: Here’s Why June 2023 Could Ignite A Massive Bull Rally

Renowned crypto analyst James Altucher, the owner of InvestAnswers, offers a thought-provoking perspective on Bitcoin, providing valuable insights into the current market situation. Altucher highlight...

What Does the Debt Limit Showdown Mean for Bitcoin?

A default is, again, a remote possibility. But its potential impact is so huge, even that slim chance is already being reflected in markets. The yield on 10-year and 30-year U.S. Treasury bonds is alr...

Valkyrie’s Bitcoin Futures ETF Inspired By TradFi Memes

Key Points: Valkyrie files for a Bitcoin futures-based ETF on the Nasdaq with the ticker symbol “BTFD”. Both of Valkyrie’s Bitcoin-centric funds do not possess direct exposure to Bitcoin itself; inste...

Bitcoin’s 2023 Rally: Mirage or Momentum?

Having passed the halfway point of 2023, Bitcoin finds itself at the center of a swirling controversy. Its performance has been nothing short of a rollercoaster ride, with the price trajectory shootin...

Tether uses Bitcoin to strengthen its reserves – Cryptopolitan

In a bold move that marks a significant strategy shift, Tether International Limited, the organization behind the pioneer and most popular stablecoin, has declared its new investment plan. The strateg...

Tether Bought $1.5 Billion Bitcoin, Will Buy More – Trustnodes

Tether has announced a new strategy of buying bitcoin from their profits to add to the $1.5 billion BTC purchased in Q1 2023. “Tether will regularly allocate up to 15% of its net realized operating pr...

Investors Track Pepecoin (PEPE) Whales Amid Meme Coin Mania as Bitcoin (BTC), Ether (ETH) Stagnate

This wasn’t the only example. Bizarrely named meme tokens like RIBBIT, BOB, JEFF and WEN all experienced massive spikes in volume over the weekend. Amid this rush into meme coins, overall volume...

Bitcoin (BTC) Might Face Plunge to $24,000 If This Level Breaks

Bitcoin (BTC) maintained trading marginally lower and remained below $27,000 on Wednesday as investors closely watched for indications of the U.S. economy. According to data from CoinMarketCap, the bi...

Crypto Market Rally is Over, Bitcoin Will Fall to $12K – Analyst

CryptoCapo said the recent price rally across the cryptocurrency market has ended. According to CryptoCapo, the recent rally is a retracement in a continuing bearish trend. The analyst predicts Bitcoi...

Bitcoin Prices Fall Deeper Into Correction. It Could Be Headed to These Levels.

Text size Bitcoin prices failed to hold on to the key $30,000 zone after breaching that level last month. Dreamstime Bitcoin and other cryptocurrencies slipped again on Wednesday, falling further from...

Dieter Wermuth: Bitcoin Is a Complete Waste of Investor Funds

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Dieter Wermuth – a noted economist and partner at Wermuth Asset Management – explained in a recent note that he th...

Bitcoin Adoption Surges as Unique Addresses Holding BTC Cross One Million Mark

Bitcoin ($BTC) adoption has accelerated in recent months, with the total number of unique addresses holding at least one BTC surpassing one million for the first time. According to blockchain data sha...

Tether’s Latest Investment Strategy: Make Profits, Buy Bitcoin

Stablecoin issuer Tether said Wednesday it intends to regularly allocate up to 15% of its net realized operating profits towards purchasing bitcoin, which it will custody itself. The company said, in ...