Wall Street most talk about the firm, GameStop, has become an unlikely force in the world of cryptocurrency. The company purchased more than 4,710 Bitcoin, totaling more than half a billion dollars, as part of a broader strategic shift toward digital assets. The shift is part of the company, which
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
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
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
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
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
Elon Musk is once again sparking serious debate over the future of the U.S. economy—and possibly signaling stronger support for Bitcoin. His recent posts on X (formerly Twitter) have stirred public concern over America’s growing national debt and what it might mean for the future of the U.S. dollar. It
