Michael Saylor announced today that MicroStrategy paid $1.1 billion to acquire 10,107 Bitcoin, only six days after making a similar purchase. This move reflects a broader trend in the firm’s purchasing strategy. The firm used […]
The price of Bitcoin (BTC) remains just below $105,000 showing no indications of its next movement. While a breakout could spark bullish momentum and revive the excitement around this crypto bull run, it is also […]
Nasdaq has submitted a proposal to the US Securities and Exchange Commission (SEC) to enable in-kind creation and redemption for BlackRock’s iShares Bitcoin ETF (IBIT). This request, filed on January 24, seeks to amend the […]
The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding […]
The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6, the U.S. Financial […]
Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which […]
The Bitcoin network is currently overwhelmed with a backlog of unconfirmed transactions, with the average confirmation time hovering above 10.4 minutes. According to Mempool, there are around 560,000 transactions waiting to be confirmed on the […]
Bitcoin, the world’s leading crypto, has been spared from a recent negative occurrence that gripped the digital currency market. Crypto outflows took a breather last week, providing a glimmer of hope for an industry grappling […]
The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market, claim analysts from crypto research firm K33 — formerly Arcane Research. In a […]
Bitcoin has long been the bellwether in the cryptocurrency market, guiding sentiment and market dynamics. But recent metrics reveal an unsettling trend. Indeed, the pioneer digital currency appears to be losing its allure. Analyzing market […]
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