Bitcoin trading is still very volatile after a massive move from institutions that has scared the investors on different global exchanges in the last few trading sessions. On-chain metrics are pointing to a further drop in price before the digital asset can regain a bullish trend. Investors are paying extreme
According to crypto entrepreneur Mike Alfred, the U.S. will hold off on buying Bitcoin to add to its strategic reserve until foreign competitors decide to go ahead with their purchases. Alfred is of the opinion that American officials will be compelled by foreign pressure to take the initiative in the
Strategy shares soared almost 6% in after-hours trading as the company announced its third-quarter earnings on Thursday evening. The Bitcoin treasury company announced that it earned a net income of $2.8 billion in the third quarter that ended on September 30, which is far beyond the expectations of Wall Street.
According to blockchain analytics firm Arkham Intelligence data, SpaceX has completed a major Bitcoin transaction moving 281 BTC valued at $31.33 million on Thursday. This is the third substantial Bitcoin movement in the past ten days, moving total funds of around $450 million, raising speculation about Elon Musk’s intentions. Corporate
Many cryptocurrencies are seeing an increase in their value. Bitcoin tokens are one of them, with BTC price noting a significant surge in the last 24 hours. However, it remains to be seen if the price of Bitcoin tokens sustains ongoing gains or sees downtrends in the days to come.
Solana shared a major milestone with the community, reporting 85M tokens on the network. The significant Year-on-Year surge came after it announced BTC supply surpassing the $1B mark. Top Solana tokens noted an increase in their values in the last hour. Meanwhile, Eric Trump confirmed that USDT1 was coming to
Strategy (formerly MicroStrategy) has expanded its preferred stock offering to raise nearly $1 billion for additional Bitcoin acquisitions. The firm priced 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD) at $85 each, with an estimated $979.7 million in net proceeds. Initially targeting $250 million, the
Trump Media & Technology Group (TMTG), the parent company of Truth Social and majority-owned by the U.S. President Donald Trump, is making bold moves in the crypto world. The company recently announced that it has raised a whopping $2.32 billion through a mix of stock sales and convertible debt, with
Bitcoin, the world’s largest cryptocurrency, has seen a bit of a roller-coaster ride this week, slipping slightly below the $105,000 mark on June 5 before quickly rebounding. During the day, BTC dropped to an intraday low of $104,232 — a 0.71% decline from the previous day. However, it didn’t stay
A management consulting services company from Japan, Remixpoint, has given the green light to the purchase of an additional 1 billion Japanese yen or $7 million in Bitcoin, raising its total holdings to 12 billion Japanese yen or $84 million. After a board resolution on May 26, the firm announced
