Sat, January 11

MicroStrategy Moves Bitcoin Post Revealing its BTC Treasury Plans

A weekend lull has begun to spread over the crypto market after a week-long action. On turning towards the cryptocurrency price, this can be seen reflected in several digital assets’ mild price movements. Amid these instances, the MicroStrategy firm has garnered market attention with its recent Bitcoin movements.  According to

November 2, 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

Crypto Exchange M2 Secures User Funds After $13M Hot Wallet Breach

The cryptocurrency exchange M2, regulated as a Multilateral Trading Facility (MTF) and Custodian by the Financial Services Regulatory Authority (FSRA) hacked, resulting in a loss of $13 million from its hot wallets.  The exchange, M2 operates on Ethereum, Bitcoin, and Solana. The hackers targeted M2’s hot wallets connected to the

November 1, 2024 1 min read

WisdomTree’s $599M Crypto Dump Sends Shockwaves

WisdomTree, a leading provider of exchange-traded funds (ETFs) in the digital assets space, has triggered market anxiety with substantial Bitcoin and Ethereum transfers amid a turbulent period for cryptocurrencies. According to Onchain Lens, using Arkham Intelligence data, WisdomTree deposited 8,258 BTC—equivalent to roughly $598.89 million—into Coinbase on October 31. Alongside

November 1, 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

Crypto Firms Hit with $400M SEC Enforcement Bill Under Gensler

The U.S. digital asset sector has faced mounting costs exceeding $400 million in dealing with enforcement actions brought by the Securities and Exchange Commission (SEC) under Chair Gary Gensler. The Blockchain Association highlighted this figure, compiled and released in partnership with global markets research firm HarrisX, on Thursday, emphasizing 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

Florida’s CFO Advocates Bitcoin to Diversify State Pension Fund

In a recent letter, Jimmy Patronis, Florida’s CFO, requested that Bitcoin and other digital assets be considered part of the state’s pension fund. It addressed Chris Spencer, the Executive Director of the Florida State Board of Administration.  Moreover, the letter emphasized Florida’s position as a leader in economic growth, persuading

October 30, 2024 2 mins read
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