After maintaining a 9-day consecutive bullish streak, Bitcoin (BTC) drops over 5.87% in the last 24 hours, falling from a peak of $91,765 to an intraday low of $86,682. However, the flagship cryptocurrency is currently attempting to recover from earlier losses during Asian trading hours. At the time of writing,
Ilya Lichtenstein, the hacker behind the 2016 Bitfinex exchange breach, has been sentenced to five years in prison for his role in one of the largest cryptocurrency thefts in history. Lichtenstein, 35, stole approximately 120,000 Bitcoin, valued at $71.8 million at the time. Today, those stolen funds are worth over
Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC
Bitcoin (BTC) is making headlines again, hitting a new all-time high of $93,434 for the 9th consecutive day of impressive gains. At the time of writing, Bitcoin priced at $89,880, marking a 20% surge in just one week. This latest rally follows a significant boost after the release of the
Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has soared, setting new records. In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Trump promised throughout
The U.S. Consumer Price Index (CPI) data for October is set to be released today at 8:30 a.m. Eastern Time. This highly anticipated report is expected to show a slight uptick in inflation, with an annual increase of 2.6%, up from 2.4% in September. According to the report, the core
The Japanese investment firm, Metaplanet, known as Asia’s MicroStrategy, recorded a surge in its Bitcoin holdings, increasing by $28 million this year. This resulted in doubling the firm’s market valuation. Despite the surge, Metaplanet’s stock has witnessed a brief decline. The mid-2024 noted the beginning of the focused acquisition efforts
This year has marked its place in Bitcoin history with one of the most significant rallies. Cryptocurrency has become a familiar word, reaching new corners of the world as eyes turn to the US post-elections. Meanwhile, President-elect Trump continues making moves on the regulatory end, fostering innovation and growth. The
While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88. At the current
Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge reflects a 10.80% increase in the last 24 hours, with Bitcoin now trading at around $89,871.28. Trading volume is also surging,
