Bitcoin

MSTR rallies 10% as MicroStrategy buys $155 million Bitcoin in 10 days

MicroStrategy bolstered its Bitcoin reserves by purchasing 3,000 BTC for approximately $155 million within ten days. This purchase takes the business intelligence and Bitcoin development firm’s total holding to 193,000 BTC, acquired for around $6.09 billion at an average price of $31,544 per BTC. According to Nasdaq data, the news has positively impacted the early […]
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26 Feb 2024

Bitcoin Tops $54K, May Run Towards $58K as Crypto Rally Resumes

Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.

26 Feb 2024

Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows

Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. CoinShares’ latest weekly report showed the network as the only major digital asset that recorded negative flows for the duration, blaming it on how “recent outages […]
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26 Feb 2024

First Mover Americas: Bitcoin Correction Could Be Approaching

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

26 Feb 2024

Satoshi Nakamoto’s Growing Fortune Nears Entry Into World’s Top 25 Richest Individuals

2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This upti...

25 Feb 2024

Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom

In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency...

25 Feb 2024

Donald Trump’s Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump-Branded Tokens

Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a si...

25 Feb 2024

Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022

Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size ...

25 Feb 2024

Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review

Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrenc...

25 Feb 2024

Leveraging Web3 to Incentivize Fitness Behavioral Changes — Co-Founder of Sweat Economy Oleg Fomenko

The start of every year presents an opportunity for new beginnings. Many people set out with ambitions to hit the gym, exercise regularly, or walk more instead of driving. Sadly, it’s estimated that it takes the average American just seven weeks to los...

25 Feb 2024

SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting

Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible toke...

25 Feb 2024

ECB Economists: Bitcoin Fails to Become Global Decentralized Digital Currency, BTC’s Fair Value Is Still Zero

The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin&#x...

25 Feb 2024

Pantera Capital Predicts ‘Strong’ Crypto Bull Market Over Next 18-24 Months

American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provi...

25 Feb 2024

Robert Kiyosaki Says If Bitcoin Crashes He Would Be Happy and Buy More

Rich Dad Poor Dad author Robert Kiyosaki has explained what he will do if the price of bitcoin crashes. The famous author has been recommending bitcoin alongside gold and silver for quite some time, and he recently increased his bitcoin holdings follow...

25 Feb 2024

Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators

Satoshi saw an irony in the debate between economic conservation and conservation in an email thread with an early collaborator Martii 'Sirius' Malmi.

23 Feb 2024

First Mover Americas: Worldcoin, The Graph and Filecoin Finish the Week on Top

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

23 Feb 2024

Trump: Bitcoin Has Taken on ‘a Life of Its Own,’ Will Probably Need Some Regulation

Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation.

23 Feb 2024

Reddit Discloses Bitcoin and Ether Holdings in IPO Filing

Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”

22 Feb 2024

How PubKey Revived Bitcoin Culture in New York City

NYC-based Bitcoin enthusiasts, as well as the crypto-curious, now have a place to nerd out, discuss and learn about Bitcoin.

22 Feb 2024

Bitcoin ETF Price/Flow Correlation is Declining: JPMorgan

The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.

22 Feb 2024

Bitcoin Miner Marathon to Start ‘Slipstream’ to Make Complex BTC Transactions Faster

The new offering will expedite the process of large and non-standard transactions.

22 Feb 2024

The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.

22 Feb 2024

Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.

22 Feb 2024

Key Points | Feb. 22, 2024 | Circle Ends Tron-based USDC Support

Circle drops Tron. A Bitcoin ETF saw a 2,200% surge. GCrypto lists Dogecoin in today's Key Points.

22 Feb 2024

Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes

Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week...

19 Feb 2024

Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period

Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further m...

19 Feb 2024

Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi

The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency...

19 Feb 2024

Legendary Investor Stanley Druckenmiller Dumps Big Tech, Bets on AI and Gold

Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold Ama...

19 Feb 2024

Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam...

19 Feb 2024

Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined

Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the ...

19 Feb 2024