According to a recent report by Glassnode, long-term Bitcoin holders have resumed accumulation. This is the first time this has happened since December 2023 and follows a period that saw several months of selling. Spot […]
El Salvador could witness an unprecedented economic transformation. According to Cathie Wood, over the next five years, its Gross Domestic Product (GDP) might increase tenfold. Wood is the founder and CEO of ARK Invest. She […]
Bitcoin development company MicroStrategy has found another copycat willing to mimic its investment strategy of going all-in on BTC. Semler Scientific (SMLR), a little-known medical company trading on the NASDAQ, announced on Tuesday that it […]
The defunct crypto exchange Mt. Gox has initiated a transaction involving over 75,000 Bitcoin (BTC), valued at approximately $5 billion. This marks the first movement of these funds in more than five years, causing ripples […]
Argentinian authorities are looking to work with officials in the Bitcoin-friendly El Salvador to enhance their adoption of the leading digital asset. According to an official report from the Argentinian National Securities Commission (CNV), the […]
The National Securities Commission of Argentina (CNV) confirmed the country is considering cooperating with El Salvador on Bitcoin adoption. This follows an important meeting between Argentinian and Salvadoran regulators last week. Officials from Argentina’s CNV […]
Fourteen years ago, 10,000 bitcoins (BTC) could get you only two pizza boxes; however, the story is entirely different today. In commemoration of the Bitcoin Pizza Day celebrated on May 22, cryptocurrency exchange Kraken shared […]
Bitcoin trading during US market hours has surged to unprecedented levels, accounting for 46% of this year’s cumulative volume from January to April. This increase in trading activity is closely linked to the January launch […]
TL;DR BTC’s price climbed above $71,000 due to optimism about Ethereum ETF approval, resulting in a 6% weekly and 13% monthly increase, but then retraced to $69,500. DOGE’s value ascended as well, briefly surpassing $0.17 […]
The basic laws of supply and demand determine the price action of any asset, including Bitcoin. When supply exceeds demand, the asset’s price tends to decline. Conversely, when demand outstrips supply, the price usually rises. […]
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