Bitcoin could rally towards $28k as Shiba Memu’s presale approaches $3.5m
Key takeaways The cryptocurrency market is having a positive end to the week, with prices of most coins and tokens in the green zone. Bitcoin could be heading towards the $28k level soon as market sentiment improves. Furthermore, Shiba Memu’s presale is now closing in on the $3.5 million milestone as more investors troop into […]
Maker (MKR), THORChain (RUNE) skyrocket; Bitcoin takes $27k again
Maker (MKR) and THORChain (RUNE) prices rose sharply as Bitcoin retested $27k. MKR could spike towards $2k while RUNE eyes buy-side liquidity above $2.01 The cryptocurrency market flipped higher on Thursday, with gains for Bitcoin (BTC) and most altcoins sending the total market cap up by 3.1% as at the time of writing. BTC traded […]
Here’s what the U.S. government shutdown may mean for Bitcoin
James Butterfill expects Bitcoin to rally if the U.S. government shuts down. BTC has a history of performing quite well in times of uncertainty. The world’s largest cryptocurrency is already up close to 4.0% today. Bitcoin will likely rally if the U.S. government does indeed shut down on October 1st, says James Butterfill – the […]
Bitcoin holds steady as DXY advance hurts stocks
Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY) on Wednesday, spiking to above $26,820 in early US trading […]
U.S. lawmakers want SEC to ‘immediately’ approve Bitcoin ETFs
Members of the House Financial Services Committee wrote a letter to SEC today. They argued that a Spot Bitcoin ETF is not much different from a Crypto Futures ETF. Bitcoin is still trading around the $26,000 level only at writing on Wednesday. All eyes are on Bitcoin today after the U.S. lawmakers urged the Securities […]
MicroStrategy’s latest BTC purchase sets Bitcoin price in motion
Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has made waves in the cryptocurrency market, causing a notable shift […]
Coinbase is largest Bitcoin (BTC) holder in the world: Arkham
Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X. Blockchain intelligence firm Arkham has reported that Coinbase holds Bitcoin (BTC) worth about $25 […]
Bitcoin miners embrace efficiency and renewable energy
Bitcoin mining is at the heart of the digital gold rush and it is a critical process that underpins the entire cryptocurrency ecosystem. Bitcoin miners validate transactions, secure the network, and, in the process, earn newly minted Bitcoin. The World Digital Mining Summit (WDMS) stands as a beacon of innovation and collaboration within this dynamic […]
Robert Kiyosaki says Bitcoin is ‘bargain today … but not tomorrow’
World-renowned author Robert Kiyosaki shares his view on Bitcoin. Pseudonymous crypto analyst sees BTC at $100,000 in 2025. Bitcoin slid back under $27,000 after Fed’s rate decision today. Bitcoin – the world’s largest cryptocurrency is a “bargain” today, says Robert Kiyosaki – the renowned author of Rich Dad Poor Dad. Robert Kiyosaki shares his view […]
Japan’s banking giant Nomura launches Bitcoin adoption fund
Japan’s financial giant Nomura launches Bitcoin adoption fund The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura. Laser Digital’s new fund offers long-only exposure to Bitcoin (BTC). Nomura, a $500 billion Japanese investment banking giant, has launched a new Bitcoin fund for institutional investors. The new fund […]