The former CEO of Strategy, Michael Saylor, is optimistic that the crypto market winter will not return. He has also speculated that the increased adoption of BTC and unusual daily supply will take it to $1 million. On June 10, Saylor told Bloomberg that winter is not coming back and
In a major leap forward for Bitcoin and DeFi, Cardano founder Charles Hoskinson has introduced the Cardinal Protocol, the first truly decentralized Bitcoin DeFi platform to launch on Cardano. Built by Input Output HK (IOHK), this new system lets Bitcoin holders wrap their UTXOs and jump into DeFi activities like
Bitcoin (BTC) surged to an intraday peak of $108,592.69 before settling at $108,493.79, marking a 2.02% rise over the last 24 hours. With this climb, its market capitalization has expanded to $2.15 trillion, reflecting a daily gain of 2.03%. Meanwhile, trading volume jumped 37.24% to $50.34 billion, pushing the 24-hour
Bitcoin treasury firm Strategy has acquired an additional 1,045 BTC for $110.2 million. This acquisition, made between June 2 and June 8, brings its total holdings to 582,000 BTC. The average purchase price was $105,426 per coin, according to a June 9 SEC filing. This marks the ninth consecutive week
Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity
Michael Saylor, Executive Chairman and Co‑Founder of MicroStrategy, recently addressed concerns over quantum computing potentially breaking Bitcoin’s encryption. In a CNBC interview, he dismissed fears raised by firms like BlackRock that advanced quantum machines could render Bitcoin insecure. Saylor noted that anyone capable of building a quantum computer powerful enough to
Bitcoin network transaction activity has dropped to its lowest point since October 2023, according to data from The Block. The seven-day moving average reached approximately 317,000 on June 6. This marked a 19-month low and came despite Bitcoin trading near its ATH value. According to data from YChart, on June
Pro-XRP lawyer John Deaton has sparked conversation in the crypto space by claiming that buying Bitcoin at $106K today is actually less risky than scooping it up at $25K. Posting on X, Deaton pushed back against the usual logic that cheaper automatically means safer. He points to shifts in the
In the last week, following Donald Trump and Elon Musk fallout, the crypto market showed some recovery, taking the price of Bitcoin near $105k. The data from CoinMarketCap shows that BTC is steady at $105k over the last day. But the analysts speculate that the current level at which the
Bitcoin reclaimed the $106,000 mark today, touching an intraday high of $106,039. At press time, BTC trades at $106,144.42, showing a mild 0.52% gain over the last 24 hours. Despite this uptick, the 24-hour trading volume declined by 5.65% to $37.13 billion. Meanwhile, Bitcoin’s market capitalisation rose slightly to $2.1
