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Bitcoin supporters stop $4K BTC price drop as US dollar reaches new 3-year lows

Bitcoin supporters stop $4K BTC price drop as US dollar reaches new 3-year lows

Bitcoin Sees a Bounce After Hitting Predicted Low Key Points: Bitcoin reaches an expected low of $107,000 before moving back up as US inflation data favors bullish sentiment. The US dollar weakens as inflation slows more than anticipated. Forecasts suggest Bitcoin could hit an all-time high by the end of the month. On June 12th, […]

Centralized Bitcoin reserves account for 31% of the BTC supply.

Centralized Bitcoin reserves account for 31% of the BTC supply.

Survey Reveals Centralized Holding of Bitcoin Supply A recent study conducted by Gemini and Glassnode indicates that nearly one-third of the Bitcoin supply is under the control of centralized entities, with early adopters holding a notably uneven portion. The centralized Treasury—comprising government bodies, exchange-traded funds, and publicly traded companies—currently manages 30.9% of the circulating supply […]

Bitdeer Increases BTC Production as Mining Sector Recovers

Bitdeer Increases BTC Production as Mining Sector Recovers

Simply put Bitcoin miners faced challenges earlier this year as the major digital currencies struggled. Recently, Bitcoin (BTC) surged, reaching a new all-time high in May and staying close to that peak. Miners are producing more coins, with BitDeer, which is on NASDAQ, reporting an 18% increase over the last month. In May, Bitcoin miner […]

Bitcoin supporter TFTC introduces a browser extension for live BTC prices.

Bitcoin supporter TFTC introduces a browser extension for live BTC prices.

A media company named Commoner (TFTC), which promotes Bitcoin and Sound Money through newsletters and podcasts, introduced its “opportunity cost” browser extension on Wednesday. This tool enables users to see online prices in Bitcoin (BTC) or SAT. Marty Bent, the founder and contributor of TFTC, highlighted three main goals for expansion. He mentioned his openness […]

American Bitcoin Supported by Trump’s Sons Has Gained $23.7 Million in BTC

American Bitcoin Supported by Trump’s Sons Has Gained $23.7 Million in BTC

Simply put American Bitcoin, a cryptocurrency mining firm, has reported holding 215 Bitcoin, as stated in a recent SEC filing. The company’s Bitcoin assets are estimated to be worth about $23.7 million at current market rates. More than 100 public companies are now invested in Bitcoin, and this trend appears to be growing. American Bitcoin, […]

Persistent Bitcoin Gathering: Method Acquires 1,045 Additional BTC

Persistent Bitcoin Gathering: Method Acquires 1,045 Additional BTC

MicroStrategy Increases Bitcoin Holdings Recently, MicroStrategy, now just called Strategy, acquired 1,045 Bitcoins this week, pushing their average purchase price to $70,086 per Bitcoin. This comes after they had made recent purchases at prices exceeding $100,000. So far, the company, led by Michael Saylor, has invested over $40 billion in Bitcoin and continues to raise […]

Paraguay alerts about unusual actions following a claim that BTC is official currency.

Paraguay alerts about unusual actions following a claim that BTC is official currency.

Paraguay’s Bitcoin Announcement in Question The office of Paraguayan President Santiago Peña has seemingly refuted a post on social media platform X that suggested the country would start recognizing Bitcoin as a legal currency. In a post on X from the official Presidential Office on Monday, they advised followers to “reject recently published content” that […]

Reality show to compete Twitch streamers for a chance to win 1 BTC

Reality show to compete Twitch streamers for a chance to win 1 BTC

House of Streams Reality Series to Feature Bitcoin Prize A new reality series, House of Streams, licensed in the UK and Ireland by Netflix, is set to air on June 18th. The show has gained attention for its unique twist: contestants will compete for a prize of one bitcoin. Eight contestants, including popular Twitch streamers […]

Competition will challenge Twitch streamers to compete for 1 BTC

Competition will challenge Twitch streamers to compete for 1 BTC

House of Streams: A Unique Reality Show House of Streams, a Netflix series licensed in the UK and Ireland, is set to launch an intriguing competition where online streamers will vie for the chance to win a bitcoin. The show will feature eight contestants who together boast 4 million followers. Scheduled to premiere on June […]