[ad_1] On August 1, MicroStrategy founder Michael Saylor announced that in July, the firm acquired an additional 169 BTC for $11.4 million and now holds a total of 226,500 BTC. The company continues to focus on its bitcoin acquisition strategy. However, it faced significant impairment losses due to BTC price fluctuations, resulting in a second […]
[ad_1] The largest stablecoin issuer, Tether, recently disclosed a record net profit for the first half of this year. This is undoubtedly bullish for Bitcoin, considering the company’s commitment to accumulating the flagship crypto with some of these profits. Tether Records Net Profit Of $5.2 Billion Tether revealed in its Q2 Attestation Report that it […]
[ad_1] VanEck Head of Digital Assets Research Mathew Sigel says Solana ETFs (exchange-traded funds) could hit markets sooner than expected. The firm’s position differs from that of BlackRock, which thinks it may be premature to have the financial instrument now. Solana (SOL) remains a formidable contender in the crypto market. It first challenged Ethereum on […]
[ad_1] Bitcoin (BTC) investors are moving their assets out of crypto exchanges at an increasing rate. An analysis from on-chain intelligence platform CryptoQuant revealed that over the past few days, exchanges have witnessed a rising outflow of BTC, even though the leading digital currency has been in a fluctuation area since February. While the outflows […]
[ad_1] In a recent interview with CNBC, WisdomTree CEO Jonathan Steinberg shared his optimistic outlook on the future of Bitcoin and cryptocurrencies, predicting their mainstream adoption within the next few years. Steinberg cited regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWAs) as the main drivers of this […]
[ad_1] NSA whistleblower Edward Snowden gave a keynote speech at the Bitcoin 2024 conference in Nashville, during which he made certain shocking revelations about Bitcoin and the broader crypto ecosystem. He also made a case for why crypto remains an individual’s best bet against fighting corrupt institutional practices. What Snowden Said About Bitcoin Snowden mentioned […]
[ad_1] Cantor Fitzgerald announced that it will open a Bitcoin financing business. The business will provide leverage to investors who hold Bitcoin and will launch with $2 billion in initial financing. Bitcoin Financing Business At the Bitcoin Conference 2024, Cantor Fitzgerald CEO and Chairman Howard Lutnick said on stage, “We will build the best platform […]
[ad_1] The Bitcoin hashrate recently hit a new all-time high amid a price rebound for the flagship crypto. This development is significant considering what it means for the Bitcoin ecosystem and how it could impact prices going forward. Bitcoin Hashrate Hits Record Highs Data from the Hashrate Index shows that BTC hit a new all-time […]
[ad_1] On-chain analytics platform Nansen believes bitcoin (BTC) investors should adopt a risk-on strategy amid the market’s current condition because all tactical signals are flashing green. According to the firm’s weekly research report, crypto narratives are currently positive and increase the likelihood of higher risk-adjusted crypto returns in the near term. Bitcoin Investors Should Become […]
[ad_1] Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial crimes are also still the main illicit crypto use. Bitcoin’s Popularity with Criminals Sparks Concerns Bitcoin has been the preferred asset for ransomware groups […]
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