Mon, April 6

MicroStrategy’s Michael Saylor Unveils Ambition for Largest Bitcoin Bank

The founder and executive chairman of MicroStrategy, Michael Saylor, recently shared his bold plans for the future of the firm in an interview. He has lofty ambitions of making this company the largest Bitcoin bank. The price of Bitcoin might be influenced by this, which could be a factor of

October 11, 2024 2 mins read

Can Bitcoin Break Through the $62,000 Resistance Level?

The Bitcoin (BTC) price continued to dip, reaching as low as $58,895 before making an attempt to recover. At the time of writing, BTC is trading at $61,317 with a market cap of $1.21 trillion. The intraday high reached $61,437, but Bitcoin is finding it difficult to push above the

October 11, 2024 2 mins read

Is Bitcoin (BTC) Price Facing a Persistent Downward Pressure?

While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish

October 10, 2024 2 mins read

Bitcoin (BTC) Slides Under the Bearish Cloud at $62K

Bitcoin (BTC) is currently hovering at $62K, showing brief signals of recovery from the steady plunge. Over the past few days, the largest asset has defied all bullish market predictions by extending its bearish rally to date.  BTC touched a high of the $66.3K mark in late September, ascending from

October 9, 2024 2 mins read

Bitcoin Faces Downward Pressure After Hitting $64K

The price of Bitcoin (BTC) fell nearly 2% over the last 24 hours, after reaching a peak of $64,443 on October 7. At the time of writing, Bitcoin is priced at $62,438, 3.76% down from its earlier high. The cryptocurrency briefly dipped to an intraday low of $62,152, even as

October 8, 2024 2 mins read

National Bank of Bahrain (NBB) Unveils Bitcoin Investment Fund

The first Bitcoin-linked Structured investment in the Gulf Cooperation Council (GCC) has been launched by the National Bank of Bahrain (NBB) in partnership with APR Digital. The flagship cryptocurrency will be available to approved investors via this fund. At the same time, this is fantastic news for Bitcoin’s acceptance in

October 7, 2024 2 mins read

Metaplanet Boosts Bitcoin Holdings with ¥1 Billion Investment

Metaplanet has been steadily adding to its Bitcoin holdings week after week, and with today’s acquisition, its stack now exceeds 639 Bitcoins. In the early hours of Monday’s trading on the Asia market, the Japanese corporation announced a further investment of 1 billion Japanese yen. This news comes as predictions

October 7, 2024 1 min read

Bitcoin Price Recovers 2% as Uptober Bull Run Anticipations Rise

On analyzing sentiment parameters in the cryptocurrency sector, readings show positive as investors await the Uptober bull run. The recent price recovery in the overall market has influenced the optimistic sentiment. Additionally, Bitcoin’s price recovery has also raised traders’ hopes for upward movements.  In the past week, Bitcoin’s price caused

October 7, 2024 2 mins read

Nearly Half of US Voters Prioritize Pro-Crypto Candidates as per Poll

Nearly half of American voters (49%) say a candidate’s pro-cryptostance is significant when picking them, according to a recent poll by ConsenSys and HarrisX. Furthermore, 62% are prepared to vote against their party’s candidate in order to support a candidate that is pro-cryptocurrency. The survey also revealed that a whopping

October 5, 2024 2 mins read

Analysts Predict Bitcoin Price Surge in Q4 Despite Slow Demand Growth

After a halving event, Bitcoin’s (BTC) performance tends to improve in the fourth quarter of bull cycle years. Despite predictions from CryptoQuant that this year would be similar, the numbers just don’t make up.  During the three halving years of 2012, 2016, and 2020, the seasonal results for the price

October 5, 2024 2 mins read
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