Japan’s Metaplanet buys $7M Bitcoin, now holds to $40.5M BTC
Metaplanet boosts Bitcoin holdings to 639.5 BTC as of Oct. 7. The company’s stock price has surged 11%, with a 544% year-to-date gain since May 2024. It has so far acquired an additional $1.4M in BTC via options trading, recognizing 23.97 BTC as revenue. Japan-based investment firm Metaplanet on October 7 announced that it has […]
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under SEC rules
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing […]
Bitcoin wallets dormant for 15 years suddenly move BTC
Satoshi era bitcoin wallets dormant since 2009, have just moved 250 BTC to new wallet addresses. The five wallets transfered BTC in batches of 50 coins each. Bitcoin price traded around $63,500, having touched highs above $64,000 across major exchanges. Several Bitcoin (BTC) miner wallets that have been dormant for over 15 years suddenly woke […]
Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut
Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K. Ethereum and Solana have also surged, reflecting a broader crypto market rally. Caution remains due to economic uncertainties and potential regulatory issues. Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points. […]
Bitcoin Dogs (0DOG) makes an attempt at $0.04934 as Bitcoin (BTC) turns bullish
Bitcoin Dogs (0DOG) is projected to surge as Bitcoin’s price turns bullish. 0DOG could reclaim its all-time high of $0.04934 due to increased demand amid new exchange listings. Analysts predict a potential 100X move for 0DOG by the end of 2024. As Bitcoin (BTC) gears up for what could be a record-breaking rally after struggling […]
BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will tap $50K
Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil. Bitcoin’s price drop has led to $36.71M in liquidations. The Crypto Fear & Greed Index shows “extreme fear,” reflecting growing market anxiety. In recent days, the cryptocurrency market has been awash with uncertainty, with Bitcoin’s price taking a significant tumble. After slipping below […]
Bitcoin (BTC) drops below $57K again amid strong selling pressure
Bitcoin drops below $57K due to major institutional sell-offs and market pressure. Short-term holders face unrealized losses, could trigger market volatility if they decide to cut their losses. $51K is a crucial support level and long-term investors might see this as a buying opportunity. Bitcoin (BTC) has once again slipped below $57,000 as its turbulent […]
Bitcoin Dogs (0DOG) surges as Bitcoin (BTC) demand increases in the US
Bitcoin Dogs’ token 0DOG surges after launching a high-APY liquidity pool. Rising Bitcoin interest in the US boosts 0DOG’s value amid broader market trends. Despite a US demand spike, global Bitcoin demand and profits remain weak. The cryptocurrency market is abuzz with recent developments as Bitcoin Dogs’ native token, 0DOG, experiences a dramatic surge amidst […]
Texas approves debtor-in-possession financing plan for BTC miner Rhodium
Rhodium filed for Chapter 11 with debts of up to $100M and assets of up to $500M. The debtor-in-possession financing plan is offered by Galaxy Digital. Galaxy Digital offers Rhodium a $30M loan or 500 BTC with a 9.5%-14.5% interest. Rhodium Enterprises, a Texas-based Bitcoin mining firm, has recently garnered significant attention following its Chapter […]
Crypto downturn sees BTC touch $58k;Bitcoin Dogs fluctuates
Bitcoin (BTC) touched lows near $58k as cryptocurrencies witnessed a sharp sell-off. 0DOG token tumbled amid Bitcoin’s losses. Bitcoin dived more than 6% in the past 24 hours to trade below $59,000. The crypto market capitalization also tumbled as a sea of red engulfed altcoins Major altcoins saw huge declines to push the total market […]