Tag: Bitcoin
The Value of Bitcoin Layer 2 TVL Exceeds $2 Billion
The total value locked (TVL) of the bitcoin scaling solutions market has increased by 105% over the last 30 days. In the past month, Bitlayer’s iTVL has increased 720% to…
To obtain more bitcoin, MicroStrategy suggests a $500 million convertible note sale
The business intelligence company MicroStrategy, which also owns corporate bitcoin, is looking to raise $500 million through the issuance of convertible senior notes, with the opportunity to purchase an additional…
Riot Platforms raises its stake in Bitfarm to 14% by acquiring an additional $3.87 million worth of shares
Bitcoin miner Riot Platforms said early on Thursday night that it has purchased an additional 1,432,063 Bitfarms shares for roughly $2.70 per share, or roughly $3.87 million. At the moment,…
Bitcoin miners gain 10% as a result of Trump’s pledge to support US miners
The stocks of bitcoin (BTC) mining companies surged by double digits on Wednesday, one day after US presidential contender Donald Trump pledged to support the nation’s mining industry. Trump said…
Tokenized Bond Issued by Bitcoin Suisse on Polygon
Tokenized bond instrument on Polygon, launched by Swiss crypto-financial services business Bitcoin Suisse, which oversees $5.57 billion in assets. The June 11 announcement of Bitcoin Suisse’s bond indicates that it…
South Korea’s Bitcoin Premium Is Rising, Mirroring High Local Demand
Bitcoin Premium in South Korea Rises After Recent Low After almost reaching 10% in mid-April, bitcoin’s (BTC) famed premium in South Korea just fell below 1%. According to recent research,…
Bitcoin’s rebound to $71K would erase shorts of $1.38 billion
In the event that Bitcoin swiftly recovers from its current decline to its June 6 price of $71,000, short positions worth over $1 billion will be closed. The United States…
Large Crypto Selloff on Friday Drives Bitcoin Below $70,000
In U.S. trade on Friday, what was first perceived as a test of all-time highs for bitcoin (BTC) turned into a sharp decline, with the largest cryptocurrency in the world…
Aiming for $100,000 by year’s end, Mike Novogratz sees growing political support for cryptocurrencies in the US
Novogratz Projects a $100K Bitcoin Price Mike Novogratz, the CEO of Galaxy Digital, stated his prediction for the price of bitcoin. He clarified that bitcoin might reach a record high…
Over 86% of the Bitcoin Holdings of Global Bitcoin ETFs are held by US Bitcoin ETFs
US Bitcoin ETFs are attracting a lot of attention from investors; their growth is still steady, and their impressive inflows indicate a significant change in the dynamics of the market….
Traders of Bitcoin Options Forecast an Imminent Breakout Above $74K to New High Prices
According to market data, traders of Bitcoin (BTC) options are progressively positioning themselves for the currency to reach new highs this month. In a market update on Wednesday, digital asset…
Bitcoin Holdings in El Salvador Now Amount Above $400 Million
El Salvador is firmly establishing itself as the world’s pioneering adopter of Bitcoin. According to Bitcoin Magazine, the country in Central America is a true pioneer in the integration of…
After 11 years, a $13.87 million move in sleeping bitcoins is revealed, exposing a 2013 whale
Investing $200 in Bitcoin Shows Past Transactions From 2013 A bitcoin (BTC) owner who started investing in the currency in early 2013 spent $200 BTC on Monday, which, according on…
Long-term Bitcoin holders start building again for the first time since December: Bitfinex
Long-term Bitcoin (BTC) holders have started to accumulate again, indicating a change in market dynamics, per the most recent “Bitfinex Alpha” report. According to Bitfinex’s analysts, there has been a…
Tuesday marks the launch of the first Bitcoin ETF in Australia
The ETF, which is represented by the symbol IBTC, will have a 0.98% management fee. The fund’s issuer, Monochrome Asset Management, makes it available to investors so they can use…
Without acknowledging any wrongdoing, MicroStrategy and Michael Saylor resolve a $40 million tax fraud case
According to a press statement dated June 3, Washington, D.C. Attorney General Brian Schwalb announced an unprecedented $40 million tax fraud recovery deal with Michael Saylor and his company, MicroStrategy….
Trading Veteran Forecasts September 2025 as the Peak for Bitcoin to Reach $150,000
This forecast is based on past trends in the market cycles of Bitcoin, particularly those associated with its “halving” events. Events of Bitcoin Halving: A Symmetric Cycle Brandt highlights the…
Ordinals for Bitcoin Fall While Runes Rise
There is a noticeable disparity within the ranks of the Bitcoin Ordinals ecosystem as the summer approaches. Runes are seeing a revival, yet most large Ordinals collections have dropped between…
$70 million is raised for the Bitcoin staking protocol Babylon by Paradigm
The venture capital firm Paradigm spearheaded the $70 million fundraising campaign for the Bitcoin staking protocol Babylon. According to a press statement from the company, additional investors in the round…
Metaplanet Acquires An Additional $1.6 Million in Bitcoin Holdings
With an additional acquisition of $1.6 million USD, Metaplanet expands its holdings of Bitcoin. The business intends to make additional acquisitions and sees Bitcoin as its main treasury reserve. Recently,…