Bitcoin (BTC) could be seeing less selling pressure from miners in the near term due to an increase in the profitability of this cohort of market participants and the recovery of their hashrate following the […]
Bitcoin’s (BTC) attempt at a modest rally during US trading hours on Friday was swiftly quashed. The largest cryptocurrency experienced a sharp drop, falling from $65,000 to below $62,000. This sudden decline triggered a wave […]
MicroStrategy, the world’s largest public Bitcoin holder, has announced plans to raise up to $2 billion through the sale of its class A shares. The company made this revelation in a regulatory filing with the […]
Bitcoin (BTC) volatility is at multi-month highs, with the price action whiplashing futures traders on both sides, long and short alike. It comes amid geopolitical tension, which inspires an increase in safe-haven demand. TradFi and […]
Pro-crypto Wyoming Senator Cynthia Lummis unveiled her Bitcoin bill on July 31, labeling it “our Louisiana Purchase moment.” The proposed ‘Bitcoin Act’ aims to add 1 million BTC, worth around $64 billion at current prices, […]
Senator Cynthia Lummis (R-WY) has introduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act. This bill seeks to establish a Bitcoin reserve, reflecting strategies typically used for commodities like oil and […]
Bitcoin (BTC) investors are moving their assets out of crypto exchanges at an increasing rate. An analysis from on-chain intelligence platform CryptoQuant revealed that over the past few days, exchanges have witnessed a rising outflow […]
This week, the U.S. national debt surpassed $35 trillion for the first time ever. Moreover, America has added around $12 trillion in federal debt since 2020. To put it into perspective, the U.S. has added […]
In a recent interview with CNBC, WisdomTree CEO Jonathan Steinberg shared his optimistic outlook on the future of Bitcoin and cryptocurrencies, predicting their mainstream adoption within the next few years. Steinberg cited regulatory clarity, the […]
Bitcoin (BTC) briefly crossed the $70,000 mark on Monday morning before dumping to $66,000, but analysts at the crypto exchange Bitfinex say the leading digital asset may pull back even more in the coming days. […]
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