Saylor hints at upcoming Bitcoin purchase for the 11th straight week
MicroStrategy Continues Bitcoin Acquisitions Michael Saylor, co-founder of MicroStrategy, announced that the company has purchased Bitcoin (BTC) for the 11th week in a row, a trend that started back on April 14th. “I hope they buy more in 21 years,” Saylor shared with his 4.4 million followers on social media. Interestingly, he gained about a […]
Bitcoin Spot ETFs See $2 Billion Inflows as Institutional Interest Grows
Bitcoin Spot ETF Sees Significant Inflows The US Bitcoin Spot ETF recorded net inflows exceeding $2 billion last week, marking a positive trend for the third consecutive week. This rebound started in June after an initial net outflow of $128.81 million in the first trading week. Investor interest seems to have picked up, resulting in […]
Unlawful Police Are Taking Down Bitcoin ATMs: Bitcoin Depot Legal Officer
Simply put Authorities sometimes use force to seize cash from Bitcoin ATMs. The seized funds are reportedly owned by Bitcoin Depot, according to the company’s CLO. In 2024, Americans lost at least $247 million through Crypto Kiosks, a report by the FBI revealed. According to Chris Ryan from Bitcoin Depot, US law enforcement actions to […]
Ripple’s Larsen: XRP Was Developed as an Improved Version of Bitcoin
On a recent episode of the “When Shift Happens” podcast, Chris Larsen, co-founder of Ripple, discussed his vision of creating a “better version of Bitcoin” with a talented team. He expressed admiration for the Bitcoin movement, labeling it as “incredible.” Larsen pointed out that Bitcoin’s conservative nature has actually served it well, saying, “We can […]
Bitcoin loans return, changing the narrative of Celsius’s downfall
Bitcoin lenders are hoping that stronger regulations and better risk management can restore trust in areas still affected by the failures of companies like Celsius and BlockFi. The previous cycle saw major Bitcoin lenders collapse after mishandling user deposits, which turned into insufficient loans. As Bitcoin (BTC) prices fell and liquidity issues arose, billions in […]
US futures reach all-time high, putting Bitcoin on track for new peak: Analysts
US Stock Market Reaches Record Highs Analysts suggest that the largest U.S. market is nearing its peak, which is quite an exciting development, actually. It’s even reached record high levels recently. On Thursday, S&P 500 futures entered new all-time high territory, surpassing February’s peak of 6,145 points. Meanwhile, the Nasdaq Composite Futures also hit 20,180 […]
Bakkt Holdings announces a $1B shelf offering that may support Bitcoin purchases
Bakkt Holdings Inc., a crypto software firm, is looking to raise up to $1 billion through different types of securities offerings to support Bitcoin acquisitions. As a subsidiary of the Intercontinental Exchange, which owns the New York Stock Exchange, Bakkt filed Form S-3 with the U.S. Securities and Exchange Commission on Thursday, outlining its plans […]
Trader Who Correctly Forecasted 2018 Bitcoin Low Believes One Solana-Linked Altcoin Has a ‘Strong Possibility’ of Surging Over 450%
Crypto Analysts Eye Promising Asset Analysts and traders who accurately forecasted Bitcoin’s lows in 2018 have pinpointed a cryptocurrency that could potentially surge by triple digits. Traders, known as Bruntz, suggest that Wif, a memecoin tied to the Solana (SOL) ecosystem, might outpace Dogwifhat. This coin has already appreciated around 472%, hitting an all-time high […]
Reasons bitcoin isn’t rising despite billions in ETF investments
The stock market saw an impressive rebound earlier this year, even as concerns about economic and geopolitical tensions lingered. However, Bitcoin’s performance has been relatively muted. Since early May, Bitcoin has been trading in a narrow range of around $10,000. It momentarily exceeded this mark, reaching an all-time high close to $112,000, which is notable, […]
Bitcoin and Ethereum Steady as Iran Declares Win Against US
Simply put Iran’s Supreme Leader, Ayatollah Ali Khamenei, recently announced a perceived victory over the United States in a post on his former Twitter account, X. The major cryptocurrencies, Bitcoin and Ethereum, have shown little movement, with a sense of reduced global tensions. Bitcoin inflows into the U.S. have been recovering since hitting a low […]