Press Release

[ad_1] With Bitcoin ETFs seeing previously unheard-of inflows of $18 billion between July 15 and July 19, 2024, the focus turned clearly on them. Investor excitement peaked around this time, and spot Bitcoin ETFs reached fresh highs. The market saw an eye-watering $424 million inflow on July 16 alone, the largest of the year. Two […]

[ad_1] Bitcoin could potentially reach a “mid-term” price level above $1 million thanks to a series of hyper-bullish developments around the asset, according to crypto investment firm Mechanism Capital. The company’s co-founder, Andrew Kang, wrote to Twitter on Friday explaining why he thinks Bitcoin is performing “stronger than expected” despite several “poor market structure dynamics” […]

[ad_1] Recently, the German authorities liquidated Bitcoin valued at about $3 billion. From June 19 to July 12, the German government sold 49,858 BTC tokens for approximately €2.6 billion, or $2.9 billion. Regarded as an “emergency” measure, the sales had a connection to a continuing criminal probe. But both politicians and business executives have expressed […]

[ad_1] Since last weekend, the price of bitcoin (BTC) has rallied significantly, signaling that the crypto asset may have bottomed out. Bitcoin has recovered to a high of $67,000, although it was hovering around $64,000 at the time of writing. This comes after holders realized their largest losses so far in 2024. CryptoQuant analysts said […]

[ad_1] Peter Schiff, Global Strategist at Europac, has said again that he doesn’t think Bitcoin will have a bright future in the current battle between gold and Bitcoin. Schiff has always been supportive of gold. He talked about the recent rise in the price of the precious metal and said that it has now reached […]

[ad_1] DeFi Technologies (DEFTF) – a rising Canadian fintech company – has acquired another large batch of Bitcoin (BTC) after making the asset a core part of its treasury strategy last month. The company announced Thursday that it had purchased another 94.34 BTC for its balance sheet, adding to the 110 BTC it first acquired […]