Whales accumulate more Bitcoin after latest pullback
Whales scoop Bitcoin as pullback dents bulls’ momentum Bitcoin price touched lows of $65,911 as US government transferred its Silk Road BTC Bitcoin pulled back from its intraday highs around $70k on Monday to wipe gains seen after former US President Donald Trump highlighted the recently concluded Bitcoin 2024 conference. But the upside move built […]
Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)
Poodlana’s presale surges to $3.5M, with price set to rise further. Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks. BOOK OF MEME rises 20%, with strong technical patterns and market interest. As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy trends. Three cryptocurrencies stand out for their potential to capture […]
Cantor Fitzgerald to launch $2 billion Bitcoin financing business
Cantor Fitzgerald is looking to launch a Bitcoin financing business with an initial capital of $2 billion. The financing services giant’s CEO announced the plans at Bitcoin 2024. Cantor Fitzgerald will partner with top Bitcoin custody pltforms to offer leverage to investors that hold BTC. Cantor Fitzgerald, a New York-based global financial services company, will […]
Bitcoin hovers near $66.5k as Mt.Gox users ‘choose to hodl’
Bitcoin price still hovers above $66k despite Mt. Gox repayments. Analysts say on-chain data shows most BTC holders receiving the repayments are choosing to hodl. BTC price may benefit from this, with a potential to rebound to recent highs. Bitcoin traded to above $66,500 on Wednesday morning as the market looked to bounce following fresh […]
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms like Bitfarms and Northern Data adapting. Swan Bitcoin, a financial services firm specializing in Bitcoin investments, has announced a significant strategic shift. Cory Klippsten, the […]
Mark Cuban: Inflationary Pressure Could See Bitcoin Become Global Reserve
Inflationary pressure and geopolitical uncertainty could see Bitcoin become a global reserve currency, states Cuban The billionaire believes Trump’s lower tax rates and tariffs could push up Bitcoin’s price Elon Musk plans to commit $45m a month to back Trump’s presidential run US billionaire Mark Cuban believes that through a combination of inflationary pressure and […]
StarkWare verifies first zero-knowledge proof on Bitcoin
StarkWare has verified the first zero-knowledge (ZK) proof on the Bitcoin. It’s part of the core Starknet developer’s plans to scale Bitcoin for mass adoption. StarkWare has achieved a historic feat by completing the first zero-knowledge proof verification on the Bitcoin network, according to the details posted on X on Wednesday. The blockchain developer revealed […]
Mt. Gox moves Bitcoin worth nearly $2.8 billion
Mt.Gox has moved over 44,500 BTC worth over $2.8 billion to an internal wallet. The price of BTC fell slightly after the transfer, retreating to around $62,835. On-chain data shows a wallet linked to Mt. Gox has just moved more than $2.8 billion worth of Bitcoin. The huge transfer comes as Bitcoin price looks to […]
Core Scientific the first buyer of Block’s 3nm Bitcoin mining ASICs
Core Scientific buys Block’s 3nm Bitcoin ASICs in a major deal between the two companies. The deal boosts Core Scientific’s hash rate by 60%, enhancing efficiency and profitability. The deal between Block and Core Scientific aims to redefine Bitcoin mining standards, leveraging advanced ASICs. Jack Dorsey’s financial services company Block has finalized a major deal […]
Bitcoin retreats as German government selling intensifies
Bitcoin (BTC) price fell to under $56,000 as the German government sold more BTC On-chain data shows Germany sent more than 16,000 BTC to exchanges on Monday – the largest transfers in a single day. Bitcoin price fell below $56,000 again on Monday, dropping by about 2% at the time of writing as Germany took […]