MicroStrategy (NASDAQ: MSTR), a leading company holding a substantial amount of Bitcoin (BTC), remains steadfast in its commitment to cryptocurrency. The publicly traded firm has further increased its...
Category: Bitcoin
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Silbert Steps Down as Grayscale Preps for Spot Bitcoin ETF War
In a sign of changing fortunes in the crypto industry, Grayscale Investments announced significant leadership changes this week. Barry Silbert, founder and CEO of Digital Currency Group (DCG), the par...
MicroStrategy buys more bitcoin ahead of bitcoin ETF deadline
MicroStrategy continues to load up on bitcoin with a purchase of 14,620 bitcoin. The company shelled out $615 million for its most recent purchase, meaning that it’s spent nearly $1.2 billion on bitco...
Grayscale Amends Bitcoin ETF Filing Amidst Barry Silbert Departure
Bitcoin News Mark Shifke will replace Barry Silbert as chairman of the board at Grayscale. The most noteworthy aspect was Grayscale’s “final surrender” to a cash creation strategy. Concurrent with Bar...
Ocean mining pool achieves 525 Ph/s hash rate after third Bitcoin block win
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
3 Altcoins Poised to Outperform Bitcoin (BTC) in January 2024
These three altcoins show bullish patterns compared to Bitcoin (BTC) and have the potential to outperform it in January 2024. Despite Bitcoin experiencing significant growth in the second half of 2023...
What Happened the Last Time the SEC Ruled on a Bitcoin ETF
The quest for a Bitcoin exchange-traded fund (ETF) has been a protracted journey, marked by highs and lows. In fact, those excited that a Bitcoin spot ETF approval could take place as soon as January...
Cathie Wood Reveals Details of Ongoing Dialogue with SEC on Spot Bitcoin ETF!
– Advertisement – Cathie Wood expressed significant confidence in the likelihood of a spot Bitcoin ETF becoming a reality in the U.S. in the near future. Wood mentioned that, in the contex...
Bitcoin’s Rebound From $41,500 Lows Triggers Potential $45K Surge, Highlighting $40K Limit Bids
Bitcoin has once again proven its unpredictable nature with a dramatic rebound from a recent low. After facing a downward trend over the past few hours, Bitcoin has bounced back, recovering from a low...
SEC appears poised to approve BTC spot-based ETFs early in 2024
BTC spot-based exchange-traded funds (ETFs) are rumored to be close to approval by the U.S. Securities and Exchange Commission (SEC), a move that would complete the BTC token’s mission of abandoning a...
MicroStrategy Buys More Bitcoin, Surpasses $8 Billion Holdings
Key Points: MicroStrategy recently purchased 14,620 Bitcoins for $615.7 million, bringing their total holdings to 189,150 BTC worth over $8.11 billion. Their average purchase price per Bitcoin is $31,...
How Bitcoin, Ethereum manage to dominate the L1 networks
Journalist Posted: December 27, 2023 The combined number of Ethereum and Bitcoin addresses is over 150 million. The number of ETH active addresses is increasing while that of BTC is decreasing. Addres...
Bitcoin, Solana, and Avalanche Plummet
Industry experts remain bullish about the imminent Bitcoin ETF launch at the outset of 2024. Bitcoin shows a minor dip in 24 hours while the market awaits Bitcoin ETF launch. Major altcoins like Solan...
If Bitcoin Isn’t Going to Zero, It’s Going to a Million
Advertisement     One of the biggest crypto advocates and MicroStrategy’s co-founder, Michael Saylor, recently shared his optimistic outlook on Bitcoin’s future during a CNBC interview...
Bitcoin dip sees short-term holders send $2 billion to exchanges
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Bitcoin’s Price Shows Familiar Pre-Bull Market Pattern from 2015-2017: Should You Buy BTC?
Cryptocurrency traders are getting excited by patterns that have not been seen for some years. We take a look at what they are and analyze if this is a good time to buy Bitcoin. We also consider wheth...
Bitcoin (BTC) Inches Closer to Historic Golden Cross, Analysts Reveal Next Moves
Cover image via www.freepik.com 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 i...
Bitcoin quivers as investors contemplate overhyped Spot ETFs
Bitcoin recently held a major retreat as crypto traders evaluated how the financial markets might behave if authorities met expectations by approving the first exchange-traded funds (ETFs) in the US, ...
Asset Management Company Hashdex Meets with SEC Officials for Spot Bitcoin ETF
– Advertisement – Following a positive meeting last week to make necessary changes between spot Bitcoin ETF issuers and the SEC, Hashdex met with the SEC again on Tuesday, December 26. Blo...
Michael Saylor's MicroStrategy Buys 14,620 Bitcoin For $615 Million
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 14,620 BTC at a total cost of $615.7 million, Founder...
BTC, ETH, SEI, NEAR, PERP
Bears are still dominating, with the global market cap decreasing by 0.2% within the last 24 hours of trade to stand at 1.66T as of press time. This shows bearish sentiment on the market as trading ac...
A Crypto Miner is Adding 70,000 Machines for Bitcoin Mining
Another crypto mining company is annexing its miners’ fleet for Bitcoin (BTC) mining. According to their official press release, GlobaleCrypto will acquire 70,000 machines to strengthen its operation ...
The Current State of Bitcoin (BTC) Long Positions; Monero (XMR) and InQubeta (QUBE) Signal Impending Breakout
In the ever-evolving world of the best cryptocurrencies, the current landscape is marked by the dynamic movements of Bitcoin’s (BTC) long positions, the privacy-centric Monero (XMR), and the transform...
Did Grayscale Bend the Knee? S-3 Bitcoin ETF Amendment After Silbert’s Exit Sparks Questions
Grayscale has submitted a modified S-3 filing for the conversion of its GBTC into a spot Bitcoin ETF on the same day of its surprising leadership shuffle. The asset manager reportedly reached a compro...
Mt Gox Bitcoin Distribution Hits A Snag, Users Getting Double BTC
Defunct crypto exchange, Mt Gox has found itself at the forefront of a technical and potentially legal dilemma after unintentionally distributing double payments to customers affected by its 2014 Bitc...
Crypto Trading Firm Expects Bitcoin To Crash To $36,000, Here’s Why
A recent market update by the trading firm QCP Capital has provided insights into how Bitcoin’s price would react if a Spot Bitcoin ETF gets approved in January. The firm predicts that there could be ...
Bitcoin Price Gains Strength Above $42,000: What’s Next?
– Advertisement – Bitcoin (BTC) and the overall cryptocurrency market experienced a strong correction on Tuesday, December 26. The price of Bitcoin dropped by around 3%. The potential impa...
Bitcoin Price Drops to $42,000, Altcoins Face Selling Pressure
On December 26, Bitcoin (BTC) price experienced a downward movement, reaching $42,200, down 2% for the day and marking its lowest point in almost a week. Analysts attributed this decline to seasonal t...
Bitcoin Mining Hits Record High
On December 25, 2023, the Bitcoin network achieved a significant milestone. The mining hash rate, a measure of the network’s computing power, soared to an all-time high of 544 exahashes per seco...
Grayscale files revised application for Bitcoin spot ETF, details here
Journalist Posted: December 27, 2023 Grayscale agreed to the cash-only model as mandated by the SEC. Grayscale’s application is due for a decision on the 10th of January. Crypto asset management firm ...
South Koreans Bite Into The Bitcoin Mania
December in the crypto sphere witnessed a fiery spectacle: South Korea’s Bitcoin Premium Index, a thermometer of buying power in the kimchi nation, soared to levels reminiscent of November 2021’s peak...
BTC Price Contains Losses At $42,000 On Bitcoin ETF Hopes, What’s Next?
Bitcoin (BTC) along with the broader cryptocurrency market entered a strong retracement on Tuesday, December 26. The Bitcoin price dropped some odd 3%, however, it has contained well above the $42,000...