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
In a move that’s been felt across markets worldwide, the U.S. just extended its pause on tariffs for Chinese imports. The hold, which was supposed to end on April 2, 2025, eased a lot of the stress investors had around a potential trade flare-up. That bit of calm has carried
Michael Saylor’s Strategy has purchased 705 more bitcoins for $75.1 million. The acquisition occurred between May 26 and June 1, as per an SEC filing published on June 2. The coins were bought at an average price of $106,495 each, during a week when Bitcoin dropped to an intraweek low
Bitcoin increased slightly on Saturday after the U.S. Federal Reserve Chair Jerome Powell made a speech but remained silent about the economic direction of the country. BTC recovered from a low of $103,700 and remained above $104,000, with traders now waiting to see a surge towards $105,000. Trump, Tariffs, and
The shareholders of Meta have fiercely rejected a proposal to assess whether the tech giant should accumulate Bitcoin to its balance sheet. As per the May 28 regulatory filing, a proposal named “Bitcoin Treasury Assessment” was put before shareholders, receiving 3.92 million votes in favor. It was just 0.88% of
