The resurgence of Bitcoin and the broader crypto market has minted a new class of billionaires. Over the past year, the total value of all outstanding cryptocurrencies skyrocketed by 170%, adding approximately $1.6 trillion to […]
Bitwise CIO Matt Hougan explained what makes Bitcoin valuable on Wednesday after a recently interviewed Goldman Sachs executive struggled to find the answer. Sharmin Mossavar-Rahmani – chief investment officer of the bank’s Wealth Management unit […]
Bitcoin (BTC), the flagship cryptocurrency, endured a brutal week, shedding over $4,500 and tumbling below the crucial $67,000 support level. This sudden price reversal triggered a cascade of liquidations across trading platforms, with a staggering […]
The US government transferred 30,175 Bitcoin (BTC) to a wallet recognized as part of the crypto exchange Coinbase. This move represents a substantial $2 billion, calculated at the prevailing Bitcoin price of approximately $65,000 per […]
Spot bitcoin exchange-traded funds (ETFs), launched in January 2024, have become a game-changer for cryptocurrency investing. These new financial instruments attracted a massive inflow of over $12 billion in just three months, currently holding a […]
Tether, the world’s leading stablecoin issuer, has significantly bolstered its reserves by acquiring 8,889 Bitcoin (BTC). Tether’s most recent purchase brought its total Bitcoin reserves to over 75,000 BTC, with a combined value exceeding $5.3 […]
It has been over 15 years since Satoshi Nakamoto introduced Bitcoin to the world, and a lot has happened within this timeframe. From being called a pyramid scheme, rat poison (sq), and proclaimed dead hundreds […]
The Bitcoin market is brewing with anticipation as a confluence of surging demand and dwindling supply threatens to trigger a liquidity crisis. This potential shortage of available Bitcoin comes on the heels of the upcoming […]
Bitcoin is poised to achieve its seventh consecutive month of gains, a feat witnessed only once in its history. The upward streak commenced in September 2023, fueled by anticipation surrounding Bitcoin exchange-traded funds (ETFs) approval. […]
Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to the […]
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