Fri, September 25

El Salvador’s Bitcoin Holdings Hits 6,000 BTC Worth $569 Million

El Salvador has achieved a significant milestone, surpassing 6,000 Bitcoin (BTC) in its national reserves. On December 29, the country added one more Bitcoin, bringing its total holdings to 6,000.77 BTC, valued at $569.3 million, according to the National Bitcoin Office portfolio tracker. This marks a 108.02% growth in El

December 29, 2024 1 min read

Will Bitcoin Bulls Overcome Key Levels and Trigger a Breakout?

The current price of Bitcoin (BTC) stands at $94,952.42, reflecting a 0.38% increase over the last 24 hours. Bitcoin’s market cap has surged to $1.88 trillion, accounting for 52.17% of the total crypto market dominance. The 24-hour trading volume of Bitcoin is $23.26 billion, indicating a 1.23% volume-to-market-cap ratio.  The

December 29, 2024 2 mins read

Is Bitcoin Heading for a Major Price Correction?

Bitcoin [BTC], the leading cryptocurrency, has grappled with bearish market conditions over the past week. Trading at $94,805, BTC has declined by 2% in the past 24 hours, trading volumes surged by 6%. Over the last seven days, Bitcoin has shed 4% of its value, following its recent drop below

December 28, 2024 2 mins read

Bitcoin’s Evolution: From Digital Currency to a Revolutionary Ecosystem Powerhouse

This has been a rollercoaster of a year.  Between world events, politics, financial markets, and technology advances, it has honestly been hard to keep up with it all.  Amazing feats have been accomplished, and terrible tragedies have occurred.  And through it all, the financial markets have responded, reacted, and essentially

December 26, 2024 5 mins read

Russia Embraces Bitcoin for International Trade Amid Sanctions

Anton Siluanov, Russia’s Minister of Finance, acknowledged that the country is now prioritizing Bitcoin and other cryptocurrencies in its foreign commerce. In light of the new regulations, Russian companies are reportedly engaging in international commerce using Bitcoin and other digital currencies, as he recently said. Speculation in the market has

December 26, 2024 2 mins read

U.S. Spot Bitcoin ETFs Face $1.5B in Outflows, Largest Streak Since Trump Win

The U.S. spot Bitcoin exchange-traded funds (ETFs) have recently experienced a sharp reversal in their flow patterns. On December 24, these funds saw $338.4 million in net outflows, marking the fourth consecutive day of outflows, which have now reached $1.52 billion over the past four days. This comes after strong

December 25, 2024 2 mins read

Matador Technologies Adds Bitcoin and USD-Assets to its Balance Sheet

Major organizations across the world are eyeing Bitcoin to maintain their reserves, mitigating the risks associated with fiat currency reserves. While this strategy was originally adopted by Microstrategy years back, global firms and governments are onboarding this year. The latest to join the Bitcoin reserve strategy club is Canadian firm

December 24, 2024 2 mins read

Robert Kiyosaki Warns of Global Economic Crisis, Advises Caution

A worldwide economic downturn is imminent, according to the author of Rich Dad Poor Dad, Robert Kiyosaki. As previously predicted, the world market crisis has started, according to the famous author’s latest social media post, suggesting that the financial markets may soon enter a “depression” phase. Anxieties regarding Bitcoin’s (BTC)

December 23, 2024 2 mins read

Quantum Computing is Not an Immediate Threat to Bitcoin

In recent days, the potential of quantum computing to disrupt Bitcoin’s security has become a hot topic. While the idea of advanced quantum computers breaking Bitcoin’s cryptography may sound alarming, many experts in the field believe these concerns are premature and often exaggerated. Key voices in cryptocurrency, such as Ki

December 22, 2024 3 mins read

Peter Schiff Proposes ‘USA Coin’ as Alternative to Strategic Bitcoin Reserve

Peter Schiff has again made his strong stance against the Strategic Bitcoin Reserve known. This time, the renowned economist has proposed an alternative that the US could adopt instead of implementing a Strategic Bitcoin Reserve. In an X post, Peter Schiff stated that the US could save a lot of

December 22, 2024 2 mins read