Bitcoin is preparing for a surge to between $131,000 and $155,000.
Bitcoin Price Trends and Analysis Earlier updates suggested that the Global M2 Money Supply and the Trader Commitment report aligned well with Bitcoin’s bullish Elliott Wave principles. At one point, Bitcoin was trading around $83,000. Now, just over three weeks later, it has risen to $104,000, marking a 24% gain. This surge correlates with the […]
Nostr in 2025 Resembles Bitcoin in 2012
Recently, I had a conversation with Vitor Pomplona, the mind behind the NoStr client, Amethyst, and we debated how Nostr in 2025 feels a lot like Bitcoin did back in 2012. Sure, it has its rough edges, but honestly, it’s an exciting tool to engage with. Nostr, which offers distributed protocols for social media and […]
US man sentenced to prison for hacking SEC’s X account to manipulate Bitcoin price
SEC Account Hack: Sentencing Details On Friday, Eric Council Jr., 26, received a 14-month prison sentence, along with three years of supervised release, due to his involvement in hacking the official Securities and Exchange Commission’s X account. The US Department of Justice shared the news in a recent press release. Council and his accomplices falsely […]
Basel Medical stock drops 15% due to $1B Bitcoin acquisition plans
Basel Medical Group’s Stock Takes a Hit Shares of Basel Medical Group have dropped approximately 15% following the announcement of the company’s intent to purchase $1 billion in Bitcoin for its Corporate Treasury Department. On May 16th, Basel disclosed that discussions were underway between institutional investors and a group of affluent individuals regarding this acquisition, […]
Alabama man given a 14-month prison term for involvement in bitcoin announcement hack.
Alabama Man Sentenced for SEC Hack A judge sentenced an Alabama man on Friday for his involvement in a hack of the Securities and Exchange Commission’s X account in January 2024. The breach resulted in tweets that temporarily drove up bitcoin prices by over $1,000. The individual, Eric Council Jr., had pleaded guilty three months […]
DayDayCook, a consumer brand with ties to China, intends to buy 5,000 Bitcoin.
Mainland China, known for its strict regulations, seems to be moving towards a more accepting stance as local brands reveal their Bitcoin Reserve Strategy. DDC Enterprise, or DaydayCook, which operates in mainland China and has origins in Hong Kong, has announced a Bitcoin accumulation plan under CEO Norma Chu. In a shareholder letter dated May […]
Monitoring Bitcoin Prices in Real-Time as an Important Indicator for Algorithmic and Institutional Cryptocurrency Trading
For quite some time, Bitcoin has been a significant barometer for the cryptocurrency market. Many traders and investors see this pioneering digital token as an essential indicator of market trends. Whether someone is just starting out or has years of experience, the fluctuations in Bitcoin’s value pique interest across the board. The constantly changing value […]
Brazilian fintech receives authorization to operate as a Bitcoin treasury firm.
Méliuz Becomes Brazil’s First Public Bitcoin Financing Company The executive chairman of Méliuz has declared that the fintech now stands as Brazil’s first public Bitcoin financing company, following a favorable vote from shareholders. The company also revealed its acquisition of Bitcoin valued at $28.4 million to boost its existing holdings. “Today marks a historic moment! […]
Wisconsin Investment Board divested from its Bitcoin ETF holdings
Wisconsin State Investment Board Sells Bitcoin Trust ETF Shares The Wisconsin State Investment Board (SWIB), which manages the state’s retirement fund, has divested its holdings in BlackRock’s Ishares Bitcoin Trust ETF (IBIT) during the first quarter of the year. Reports indicate that there was no position in Spot Bitcoin ETF listed in the SWIB’s 13F […]
Wisconsin Investment Board sold its Bitcoin ETF holdings.
Wisconsin State Investment Board Sells Off Bitcoin ETF Shares The Wisconsin State Investment Board (SWIB), which manages the retirement fund for the state, has divested its holdings in BlackRock’s Ishares Bitcoin Trust ETF (IBIT) during the first quarter. According to a report from the Wisconsin Investment Commission, there was no remaining position in the Bitcoin […]