US-based Software intelligence firm, Microstrategy released its Q2 reports in the last 24 hours. The firm is one of the key players in the cryptocurrency sector and has drawn attention in the past few weeks. Its current Bitcoin holdings stand at 226,500 worth approximately $14 billion. Notably, the company purchased
The Bitcoin (BTC) market displayed selling pressure soon after the US Federal Reserve’s meeting on Wednesday, July 31. The cryptocurrency’s value fell by 6% and landed in the $63,000 zone. This drop marks the first time Bitcoin has slipped below $65,000 since July 25, according to CoinMarketCap data. Federal Reserve
Launched on the London Stock Exchange (LSE), Fidelity International’s Physical Bitcoin Exchange Traded Product (ETP) is a revolutionary step. Professional investors are taking notice of this as a major development for cryptocurrencies in the UK. This announcement has boosted crypto market players’ confidence amidst a lot of chatter in the
The Bitcoin (BTC) price seems to extend losses in the market. In the past 24 hours, the largest crypto has struggled to clear the $66.5K level and dipped by 1.28%. A low has formed near $65,323. Following BTC’s price dip, the global crypto market returned to $2.36 trillion, down by
Mt. Gox has taken significant steps to resolve the aftermath of its infamous 2014 hack. In the past 6 hours, the defunct crypto exchange has moved a substantial amount of Bitcoin, signaling the final phases of creditor repayments. According to the blockchain analytics firm Arkham Intelligence, the exchange transferred 33,964
The US Authorities sparked attention by transferring Bitcoin worth over $2 billion in the last 24 hours. The tokens were seized from a dark web marketplace, the Silk Road. Meanwhile, the Bitcoin price witnessed a slight dip in the past day, sliding back to the $66K level. The overall crypto
U.S. authorities recently sent over $2 billion worth of Bitcoin from a hoard they seized from the Silk Road dark web marketplace. The crypto market is trembling because this is one of the largest Bitcoin transactions the government has made recently. Arkham Intelligence reports that the “U.S. Government: Silk Road
Bitcoin sceptic Peter Schiff recently criticized the Bitcoin community for its illogical arguments over the US national debt. The belief that the Federal Reserve would soon switch to money printing has led many Bitcoin proponents to predict that the price of BTC will skyrocket to millions of dollars per coin,
At the Bitcoin 2024 Conference, industry experts and US lawmakers expressed their future intuitions of the crypto market, highlighting its potential for substantial growth. Amid the pro-crypto scenario, the University of Wyoming (UW) has announced the establishment of its Bitcoin Research Institute (BRI) at this crucial event in Nashville on
After Bitcoin’s month-long consolidation, this week turned positive for the global cryptocurrency market with a series of pivotal events and announcements. Bitcoin has shown a strong bounce, trading nearly 15% higher on the monthly chart and nearing the $70,000 zone. This upward movement follows the Bitcoin conference over the weekend,
