Tag: BTC
Riot Platforms increases its bitcoin holdings to 17,429 BTC through additional purchases
Riot Platforms has increased its holdings of bitcoin using the money raised from a recent sale of convertible senior notes. By using the extra money from Riot’s $594 million, 0.75%…
Riot intends to offer $500 million in convertible notes to finance the purchase of bitcoin
Riot Platforms, a Bitcoin infrastructure company, has announced plans to raise $500 million for institutional investors through convertible senior notes in a private sale. This choice was made as other…
El Salvador intends to relax the requirements for accepting bitcoin in order to release $3 billion in loans: report
El Salvador is to relax a rule requiring local companies to take bitcoin. The Financial Times, citing unnamed sources, said the action is being taken to obtain loans totaling more…
Unknown addresses receive $33 million in cryptocurrency that the US government confiscated from FTX: Arkham
The U.S. government has transferred over $33.6 million in cryptocurrency to two unnamed addresses from its wallet, which contained a portion of the money taken from the defunct cryptocurrency exchange…
Prior to ‘Spiderchain’ going live in 2025, Botanix Labs is launching the last testnet for its Bitcoin Layer 2
In a statement released on Wednesday, Botanix Labs announced the launch of a new testnet for their “Spiderchain” Bitcoin Layer 2. A number of “pre-mainnet” applications, such as new versions…
MicroStrategy Makes Another $1.5 Billion Purchase to Continue Their Bitcoin Buying Spree
MicroStrategy has once again made headlines by acquiring a significant amount of Bitcoin (BTC), a move that has become nearly habitual. According to a Form 8-K filed with the U.S….
Will Bitcoin crash? According to Robert Kiyosaki, Bitcoin will drop to $60k
The study by the author of “Rich Dad Poor Dad” coincides with growing market conjecture over Bitcoin’s next significant price shift. Through X, Kiyosaki expressed his outlook on the market…
$3.6 billion was spent on infrastructure by prominent Bitcoin miners
TheMinerMag reported that major companies in the Bitcoin mining and cryptocurrency space released their financial results on November 28. The majority of publicly traded companies have obtained $5 billion in…
Analysts at Copper.co predict that Bitcoin might reach its peak in 200 days, which is consistent with forecasts of the US recession
Based on past statistics, analysts at Copper.co predict that the price of bitcoin may peak by the end of May. In a research published Tuesday, the experts looked at the…
After the spectacular bitcoin advance, Microstrategy’s stock reaches a new all-time high of almost $340
According to NASDAQ data, the share price of business intelligence company Microstrategy hit a record high of $350 on November 11. Monday’s unprecedented price climb for bitcoin coincides with the…
Call premiums on the bitcoin market have gone higher as traders wager on post-election gains
According to an analyst, traders of bitcoin options are paying high premiums for call options, which suggests that they are becoming increasingly optimistic about the future price increases of the…
For the first time, Bitcoin surpasses $77,000 while the CEO of VanEck forecasts $300,000 potential
It’s difficult to determine whether there is a correlation, but just as VanEck CEO Jan Van Eck appeared on CNBC predicting that bitcoin would reach a new all-time high on…
After the Trump triumph, BlackRock’s spot bitcoin ETF sees $1 billion in trade in just 20 minutes
According to Bloomberg Senior ETF Analyst Eric Balchunas, the day after Donald Trump won the U.S. In the first 20 minutes of trading following the presidential election, BlackRock’s IBIT spot…
On Election Day, Bitcoin reaches a new all-time high above $74,000 as Trump gains an early lead
With the market processing Republican nominee Donald Trump’s early lead in the 2024 presidential election, the price of bitcoin has surpassed $73,737.94 to reach a new all-time high. According to…
The biggest daily decline in spot bitcoin ETFs outflows since May recorded at $541 million
Monday’s $541 million net outflow from U.S. spot bitcoin exchange-traded funds was the biggest daily net outflow since May 1 and the second-largest negative flow since trading started in January….
The healthcare business Semler Scientific adds 47 bitcoins to its holdings, bringing its total to 1,058
The healthcare IT business Semler Scientific has paid $3 million for an extra 47 bitcoin as part of its continued goal to accumulate bitcoin, bringing its total holdings to 1,058…
Strive, founded by Ramaswamy, introduces a wealth management division to include Bitcoin in conventional portfolios
Strive Enterprises, an asset management company, was introduced on Friday. It was co-founded by billionaire Anson Frericks and Trump booster and former Republican presidential candidate Vivek Ramaswamy. incorporating Bitcoin into…
According to the Blockchain Association, since Gensler became chair, the SEC has cost the cryptocurrency industry $400 million
Member companies of the Blockchain Association claim to have incurred $400 million in fees related to enforcement actions initiated by the U.S. Securities and Exchange Commission, which is chaired by…
MicroStrategy says it will raise $42 billion to purchase further bitcoin
The biggest corporate bitcoin holder, business analytics firm MicroStrategy, released its third quarter financial results on Wednesday. Notable were fresh ambitions to raise $42 billion in cash and a 5.1%…
The government of Bhutan transfers $66 million in bitcoin to the Arkham Binance deposit address
On Tuesday morning, the Royal Government of Bhutan sent roughly 929 Bitcoin ($66.1 million) to a deposit address of the cryptocurrency market Binance. According to the onchain analytics platform Arkham,…