Press Release

Microstrategy’s Michael Saylor Says Spot Ethereum ETFs Approvals Is Good For Bitcoin, Here’s Why

May 28, 2024 CryptoExpert

[ad_1] Co-founder and former Chief Executive Officer (CEO) of MicroStrategy, Michael Saylor, has shown support for the approval of Spot Ethereum ETFs. The crypto billionaire reiterated that the introduction of Ethereum ETFs was “good” for Bitcoin and the broader crypto market. Spot Ethereum ETF Approval Is “Better” For Bitcoin In a recent interview with Beagle, […]

Press Release

Bitcoin ETFs Hold 1 Million BTC, 5% of Total Supply

May 27, 2024 CryptoExpert

[ad_1] Bitcoin exchange-traded funds (ETFs) have reached a significant milestone. They now hold over 1 million BTC, representing nearly 5% of Bitcoin’s total supply. Grayscale and BlackRock, with their substantial BTC assets, are leading this sector, highlighting the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Hold Over 1 Million BTC As of May 23, […]

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Bitcoin (BTC) Price Consolidation, Ethereum (ETH) Predictions After ETF Approvals, and More: Bits Recap May 27

May 27, 2024 CryptoExpert

[ad_1] TL;DR BTC experienced volatility last week but calmed and currently sits around $68,500, with some analysts forecasting new ATHs. Despite a brief drop, ETH has rebounded and is trading above $3,900, a 36% increase over two weeks. Analysts anticipate further rallies, especially if the asset maintains momentum above key levels. XRP may also head […]

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What Can 10,000 BTC Get You 14 Years After Bitcoin Pizza Day?

May 26, 2024 CryptoExpert

[ad_1] Fourteen years ago, 10,000 bitcoins (BTC) could get you only two pizza boxes; however, the story is entirely different today. In commemoration of the Bitcoin Pizza Day celebrated on May 22, cryptocurrency exchange Kraken shared a video outlining what 10,000 BTC would get you today, ranging from hundreds of private flights on a spaceship […]

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Bitcoin Whales Buy $1.34 Billion In BTC In One Day – Is Return To $70,000 Imminent?

May 26, 2024 CryptoExpert

[ad_1] Following rumors of a potential Ethereum spot exchange-traded fund (ETF) approval, the Bitcoin price made a run at its current all-time high of $73,737. While the momentum was not sufficient to push the premier cryptocurrency to a new record price, BTC still managed to cross the $70,000 level for the first time in over […]

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Marathon Digital to Use Kenya’s Green Energy for Bitcoin Mining

May 25, 2024 CryptoExpert

[ad_1] Marathon Digital, a Bitcoin mining firm, signed an $80 million agreement with Kenya’s Ministry of Energy and Petroleum to boost the country’s renewable energy infrastructure. Market observers explained that the partnership supports Marathon’s strategy to diversify its operations as mining difficulty increases. Marathon to Build Green Data Centers in Kenya Marathon Digital plans to […]

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These Bitcoin Addresses Accumulated the Most BTC During Recent Rally to $71K: ITB

May 25, 2024 CryptoExpert

[ad_1] Earlier this week, bitcoin (BTC) rallied more than 13% to a five-week high daily close of $71,400, dragging the rest of the crypto market upward. Data from IntoTheBlock has revealed that a certain cohort of Bitcoin investors accumulated more of the asset than others during the surge. Bitcoin Whales on Accumulation Spree According to […]

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Bitcoin Support Coming to MetaMask Soon: Report

May 24, 2024 CryptoExpert

[ad_1] MetaMask, a leading self-custodial wallet, plans to integrate support for Bitcoin (BTC). Known for its dominance in the Ethereum ecosystem, this move could enhance MetaMask’s appeal to a broader crypto audience. The integration aligns with the broader trend of interoperability in the blockchain space, promising a more versatile and user-friendly experience for crypto enthusiasts. […]

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Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy

May 24, 2024 CryptoExpert

[ad_1] Metaplanet, a firm in Japan known as “Japan’s MicroStrategy” on Crypto Twitter, has seen its shares surge 158% over the last week. Following this, trading stock came to a stop for two consecutive days. Meanwhile, the company is now in the lead among Japanese stocks as the highest gainer. Metaplanet’s Bitcoin Strategy Pays Off […]

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Crypto Analyst Says Bitcoin Rally Is Far From Over As It’s Yet To Reach Escape Velocity- What This Means

May 23, 2024 CryptoExpert

[ad_1] Crypto analyst James Check (also known as Checkmatey) has predicted that Bitcoin could still make further moves to the upside. However, he warned about an “escape velocity” that could send the flagship crypto’s price spiraling down. What The Escape Velocity Means And How It Affects Bitcoin Simply put, escape velocity is the minimum speed […]