Fri, September 25

Swan Bitcoin Scraps Pacific Bitcoin Conference After Downsizing

Swan Bitcoin has announced the cancellation of the highly anticipated Pacific Bitcoin conference scheduled for October. This decision follows a strategic pivot and a recent staff reduction at the company. The focus now shifts towards bolstering Swan’s core business operations. The company recently downsized its staff, a move aimed at streamlining

August 6, 2024 2 mins read

Is Bitcoin Aiming For Price Recovery Amid Mounting SellOffs?

The overall crypto market has suffered a significant price drop over the last few days. Similar to the beginning of July, leading cryptocurrencies fell to previous support levels. This bearish turn has led to the rise of various speculations, with analysts expecting further dips. The leading cryptocurrency, Bitcoin, showed a slight

August 6, 2024 2 mins read

Michael Saylor Backs Bitcoin Amid Fierce Crypto Market Turmoil

The price of Bitcoin recently crashed below $50,000 and widespread fear gripped the cryptocurrency industry. Chairman of MicroStrategy Michael Saylor has joined the crypto community in their cause, saying that he still holds onto his Bitcoins with Diamond hands. Michael Saylor recently tweeted on X and reiterated his intention to

August 6, 2024 1 min read

JPMorgan Sees Buy-the-Dip Chance as Bitcoin Bounces Back to $54K

Financial behemoth JPMorgan claimed that a buy-the-dip opportunity is approaching as the world market collapses across asset classes. There have been a few brief liquidations in the last hour as the price of Bitcoin recovered from its decline below $50,000 and re-broke $54,000. According to the JPMorgan trading desk, the

August 6, 2024 1 min read

Bitcoin Slides to $60K Amid Genesis Repayment Concerns

Today, the price of Bitcoin (BTC) fell to $60,000, losing its recent gains. Despite a brief rally over $65,500 during Asian trading hours on August 2, Bitcoin’s price dropped 7.61% over the past day. At the time of writing, Bitcoin traded at $61,672 with a market cap of $1.21 trillion.

August 3, 2024 2 mins read

Bitcoin Miner Marathon Digital Reports $199.7 Million Q2 Loss

Unexpected equipment failure and the bitcoin halving event in April were the key factors that affected Marathon Digital’s operations, leading to larger losses in the second quarter of this year. This year’s second quarter had a net loss of $199.7 million for Marathon, which was renamed as MARA not long

August 2, 2024 1 min read

Spot Bitcoin ETFs See $50.6M Inflow Led by Grayscale’s Mini BTC Trust

Today, the spot Bitcoin ETFs saw significant inflows, reviving their previous surge in popularity. With an incredible $191 million inflow, Grayscale’s Mini BTC Trust ETF stands out among the others. As for the spot Ether ETFs, they kept seeing market volatility, with Grayscale’s ETH ETF seeing ongoing withdrawals. As of

August 2, 2024 1 min read

Bitcoin ETP Launched by Fidelity International on London Stock Exchange

Launched on the London Stock Exchange (LSE), Fidelity International’s Physical Bitcoin Exchange Traded Product (ETP) is a revolutionary step. Professional investors are taking notice of this as a major development for cryptocurrencies in the UK. This announcement has boosted crypto market players’ confidence amidst a lot of chatter in the

July 31, 2024 2 mins read

Will Bitcoin (BTC) Rebound Shortly Defying Market Fluctuations?

The Bitcoin (BTC) price seems to extend losses in the market. In the past 24 hours, the largest crypto has struggled to clear the $66.5K level and dipped by 1.28%. A low has formed near $65,323. Following BTC’s price dip, the global crypto market returned to $2.36 trillion, down by

July 31, 2024 2 mins read

Mt. Gox Moves Billions in Bitcoin for Final Creditor Repayments

Mt. Gox has taken significant steps to resolve the aftermath of its infamous 2014 hack. In the past 6 hours, the defunct crypto exchange has moved a substantial amount of Bitcoin, signaling the final phases of creditor repayments. According to the blockchain analytics firm Arkham Intelligence, the exchange transferred 33,964

July 31, 2024 2 mins read