Press Release

Bitcoin Miners Are Selling Again: CryptoQuant

[ad_1] Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in the digital asset’s value could be linked to increased selling from mining entities. In the latest CryptoQuant weekly report, analysts revealed that the number of BTC sent from Bitcoin mining entities to exchanges has […]

Press Release

Bernstein Rates MicroStrategy Stock, Ups Bitcoin Target

[ad_1] Bernstein brokerage firm has initiated stock coverage for MicroStrategy’s MSTR, highlighting an outperform rating.   The firm’s analysts have also demonstrated optimism in the Bitcoin price, increasing their target by 30% by the end of 2025. Bernstein Initiates MicroStrategy Stock Coverage Research and brokerage firm Bernstein has initiated stock coverage for MicroStrategy’s MSTR. The firm […]

Press Release

Ups Target to $200K By 2025-End

[ad_1] Bitcoin may have struggled to reclaim its position above the recently established all-time high of over $73,000, but prominent brokerage firm Bernstein remains optimistic about the asset’s future trajectory. In its latest report, Bernstein analysts even upped their long-term price forecast for BTC to $200,000 by the end of 2025. The firm had previously […]

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Kraken Makes Millions Through Bitcoin ETF Fees

[ad_1] Kraken’s strategic acquisition of CF Benchmarks in 2019 has proven immensely lucrative in a market increasingly embracing spot Bitcoin ETFs. As the world’s largest crypto indices provider, CF Benchmarks plays a crucial role as an authorized benchmarks administrator in the Bitcoin ETFs market. This position has enabled Kraken to capitalize on the increasing demand […]

Press Release

MicroStrategy Announces $500M Convertible Senior Note Offering to Buy More Bitcoin

[ad_1] Business intelligence firm and long-time Bitcoin holder MicroStrategy announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. Interestingly, the proceeds of this initiative will be used to buy more Bitcoin and for other corporate purposes. According to its official announcement, the NASDAQ-listed company also intends to grant initial […]

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Experts Debate Trump’s Vision to Mine All Bitcoin in the US

[ad_1] Former President Donald Trump’s recent statement about wanting all Bitcoin to be made in the US has sparked a debate within the crypto community. While some Bitcoin enthusiasts initially welcomed the idea, many experts argue that Trump’s stance misunderstands Bitcoin’s fundamental principles. Trump’s Bitcoin Vision Sparks Debate Crypto journalist Laura Shin raised a critical […]

Press Release

Bitcoin Risk Of Sell-Off Drops Sharply As Short-Term Holder Profit Remains Low

[ad_1] Over the weekend, Bitcoin suffered from mounting sell pressure that pushed the price below $70,000 once again. However, with the short-term hold profitability remaining low at this time, the risk of the pioneer cryptocurrency suffering further sell-offs has dropped significantly. Bitcoin Short-Term Holder Profitability At 3.35% Crypto analyst Ali Martinez has soothed Bitcoin investors’ […]