Glassnode Model Indicates Bitcoin Correction Likely: Key Levels to Monitor
Bitcoin has made a comeback, rising above $104,000 after a tumultuous trading week. The cryptocurrency market saw significant declines on Thursday, with Bitcoin dipping to around $101,000. This was largely fueled by a heated exchange between former President Donald Trump and Elon Musk regarding a GOP tax bill. While there have been some modest rebounds […]
Crypto Treasury Firms Are Optimistic About Bitcoin and XRP. But Avoid Investing.
Understanding Cryptocurrency Treasury Strategies Startups are increasingly adding Bitcoin and XRP to their balance sheets for various reasons. However, it’s uncertain whether shareholders are actually seeing any value from this. Many believe that directly owning these cryptocurrencies might be a safer choice. Take MicroStrategy, for example, well-known for its Bitcoin Treasury strategy—buying crypto and keeping […]
Bitcoin Falls from $103,000 to $0 on MEXC Exchange: Here’s What Occurred
TradingView Glitches Cause Bitcoin to Drop to $0 on MEXC Recently, TradingView’s technical issues led to a dramatic situation where Bitcoin was reportedly listed at $0 on the MEXC crypto exchange, stirring quite a reaction in the crypto community. Just the day before, Bitcoin was trading between $101,000 and $105,000, having bounced back from previous […]
Alex Protocol, a Bitcoin DeFi platform, suffers an $8.3M loss due to an exploit
Major Losses for Alex Protocol Following Security Breach On June 6th, the Alex Protocol, a Bitcoin Decentralized Finance (DeFi) platform operating on the Stacks blockchain, experienced a significant security breach, resulting in approximately $8.3 million in digital asset losses. According to an announcement from Alex Protocol, the incident stemmed from a vulnerability in the self-registration […]
Traders Shift to a Negative Outlook on Bitcoin Amid Notable Political Strains, Data Reveals
Bitcoin’s Recent Volatility and Market Sentiment Bitcoin (BTC) has seen a significant drop in value over the last day, nearing a low of $100,984. This drastic price shift highlights the growing volatility in the crypto market, particularly in light of the recent social media exchange between US President Donald Trump and Tesla CEO Elon Musk. […]
The Bitcoin Price Drop Leading to $96,000: The Developing Head and Shoulders Pattern
Bitcoin Faces Bearish Pressure Amid Price Fluctuations After hovering around the $105,000 mark, Bitcoin seems to be struggling against bearish pressure and trader profit-taking. In the last 24 hours, it failed to maintain this price level, dropping until it found some support near $101,000. Yet, a closer look at Bitcoin’s daily candlestick charts suggests that […]
Metaplanet Plans to Raise $5.3 Billion to Acquire More Bitcoin
Simply put Metaplanet, Japan’s Bitcoin Treasury Ministry, has announced plans to raise $5.3 billion to expand its assets. The company, which is listed on the Tokyo Stock Exchange, currently holds 8,888 Bitcoins valued at approximately $934 million. Metaplanet aims to acquire more Bitcoin with this funding. Metaplanet has set its sights on significantly increasing its […]
Early Twitter Investor Creates $100 Million Bitcoin Fund for Health Technology Company
Simply put HealthTech Firm plans to purchase 1,000 Bitcoin for its Corporate Treasury, valued at over $100 million. Fintech investor Greg Kidd has acquired a significant stake in the company and will become the CEO after the deal is finalized. Know Labs is among the latest public companies to initiate Bitcoin purchases. Another public company, […]
Greg Kidd to Gain Majority Stake in Know Labs and Implement Bitcoin Treasury Plan
Seattle, June 6, 2025 Know Labs, Inc. (NYSE American: Knw), a company focused on non-invasive health monitoring technologies, has announced that it has reached an agreement with Goldeneye 1995 LLC, associated with Greg Kidd, who is a fintech investor and former chief risk officer at Ripple. According to the deal, the Buyer will take on […]
Bitcoin Price Steady as May US Jobs Report Exceeds Expectations
Simply put Bitcoin basically held steady after employment figures for May indicated an addition of 139,000 jobs, surpassing expectations of 125,000, yet it dropped 1.5% within 24 hours to $103,919. Several major altcoins experienced notable declines, with Ethereum down by 5.5%, while Dogecoin saw a 6.4% drop amid overall market unease. The cryptocurrency market is […]