Wed, March 12

What Would Germany’s 50K Bitcoin Sale Be Worth Today?

While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88.  At the current

November 12, 2024 2 mins read

Is Post-Halving Demand Fueling Bitcoin’s Historic Rise?

Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge reflects a 10.80% increase in the last 24 hours, with Bitcoin now trading at around $89,871.28.  Trading volume is also surging,

November 12, 2024 2 mins read

Bitcoin Whales Amass in Bulk Amid Ongoing Bullish Momentum

Recent Bitcoin news has focused the attention of crypto market players on the increasing interest from BTC whales. New Bitcoin wallets have reportedly amassed $145 million, increasing market optimism about the cryptocurrency’s continued surge and its potential for further gains. Even more encouraging for the flagship cryptocurrency’s future success among

November 8, 2024 2 mins read

US Strategic Bitcoin Reserve Gains Momentum Following Trump Victory

US Senator Cynthia Lummis revealed a major legislative plan aimed at the Federal Reserve and made a major revelation while remarking on Trump’s victory. The United States intends to establish a strategic Bitcoin reserve, which she again emphasized. American voters have been diligently following the progress of campaign pledges ever

November 7, 2024 2 mins read

Bitcoin Nears $70K as US Election Day Sparks Speculation on Trump Win

As the US election day approaches, the price of Bitcoin is once again aiming to recover the $70,000 mark. Bloomberg analyst Eric Balchunas discussed the potential significance of the flagship cryptocurrency as an indication for the start of the election when it briefly broke over this price level. According to

November 6, 2024 2 mins read

Will Bitcoin Break Resistance or Slip Further?

Bitcoin (BTC) recently faced a sharp decline after touching impressive highs. On 30 October, BTC surged to $73,500, continuing its pattern of “Uptober” gains. However, it failed to sustain momentum, slipping below the crucial $70,000 level. As of now, Bitcoin is trading around $69,561, reflecting a slight 0.07% uptick in

November 2, 2024 2 mins read

Will Bitcoin (BTC) Present a Prime Buying Opportunity This November?

Bitcoin’s October phase has ended with a 13% gain, triggering analysts to predict upward momentum in November. BTC enters a period of heightened anticipation, eyeing potential price movements. Despite that, the crypto market cap has reached $2.34 trillion, losing over 3.70%.  The BTC price has slipped by 4% over the

November 1, 2024 2 mins read

Bitcoin Dips Over 5% Amid Fresh Mt. Gox Wallet Activity

Bitcoin (BTC) dropped to the $69K zone, losing more than 5% in the last 24 hours, following fresh movements of Bitcoin associated with the defunct Mt. Gox exchange. This latest slide comes after BTC traded as high as $72,662, has the crypto world abuzz about what this activity could mean

November 1, 2024 2 mins read

Bitcoin Bulls Drive Price Near All-Time High Amid ETF Inflows

Bitcoin’s current price stands at $72,437.22, reflecting a 2.15% increase in the past 24 hours. Its market cap has risen to $1.43 trillion, with a daily trading volume of $53.39 billion, marking a significant 14.90% increase. The market cap-to-volume ratio is 3.77%, signaling solid interest in BTC trading.  Yesterday, Bitcoin

October 30, 2024 2 mins read

Bhutan Sells $66 Million in Bitcoin to Binance Amid Market Rally

The Royal Government of Bhutan recently transferred 929 BTC, valued at $66 million, to Binance. This move follows Bitcoin’s price surge above $71,000, marking Bhutan’s first significant transfer since selling $24 million in BTC via Kraken in July. The on-chain analytics platform Arkham reported this sale. Royal Government of #Bhutan

October 29, 2024 2 mins read