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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Bitcoin: Mexico’s 3rd-Richest Man Makes Strong Case For Why Investors Should Buy BTC

[ad_1] Ricardo Salinas Pliego, the Chairman of the Salinas group and the third richest man in Mexico has strongly endorsed Bitcoin, advocating for investors to purchase the pioneer cryptocurrency. The Mexican billionaire has underscored the need to hold Bitcoin as a hedge against the devaluation of fiat currencies.  One Nigerian Naira Is Worth Less Than […]

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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 significant role as an authorized benchmarks administrator in the Bitcoin ETFs market. This position has enabled Kraken to capitalize on the increasing demand […]

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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 […]

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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’ […]

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Bitcoin, Ethereum Lead Migration From Exchanges

[ad_1] Retail investors in the cryptocurrency space are exhibiting signs of turning into long-term believers, with a recent exodus of Bitcoin (BTC) and Ethereum (ETH) from centralized exchanges. Latest data shows user balances for both leading cryptocurrencies have sunk to four-year lows, with analysts interpreting the move as a bullish signal for the future. As […]

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Bitcoin Miner Bitfarms Battles Riot Takeover with Poison Pill Plan

[ad_1] Bitcoin mining firm Bitfarms has implemented a shareholder rights plan to protect its shareholders’ interests amidst an unsolicited takeover bid from another Bitcoin miner—Riot Platforms. This move follows Riot Platforms’ increased stake in Bitfarms and their offer to acquire all outstanding shares. Bitfarms’ Strategic Defense Amid Hostile Takeover Attempts Bitfarms’ strategy, known as a […]