News BTS
Michael Saylor's Strategy Inc., the world's largest public holder of Bitcoin, increased its holdings of the cryptocurrency after the price of BTC fell below $110,000 last week. Strategy purchased 196 bitcoins for $22.1 million during the week ending Sunday, according to…
A Massachusetts State Assembly committee plans to hold hearings on a Bitcoin Strategic Reserve bill first introduced in February. On Friday, the Massachusetts Joint Tax Committee will hold a hearing on the “Bitcoin Strategic Reserve” bill, introduced by Republican State Senator…
Bitcoin is back in the spotlight after a sharp drop below $110,000, raising concerns about its short-term recovery. The king of cryptocurrencies quickly recovered its losses, rising above $111,800 during the day. Growing investor confidence could pave the way for another…
Gold prices soared to a record $3,812 amid concerns about a US economic shutdown and bets on a Fed rate cut. Silver and platinum rose to decade highs as dollar weakness boosted metals prices. Bitcoin is consolidating at $12,000, but analysts…
Bitcoin's hashrate has reached a new peak of 1.2 ZH/s, indicating an increase in industrial-scale mining. Negative funding rates and SOPRs suggest short-term capitulation and long-term conviction. BTC has broken out of the descending wedge based on bullish signals from RSI,…
Gold prices have risen above $3,800 as central banks increase reserves, reducing their reliance on the US dollar. Deutsche Bank predicts that Bitcoin could join gold on the balance sheet by 2030 amid declining volatility. Bitcoin has fallen below $113,000, but…
Researchers at the analytical firm Glassnode have suggested a “market reset” given the low values of the NUPL indicator in the context of short-term holders of the first cryptocurrency . #Bitcoin short-term holder NUPL has rolled into loss territory, signaling stress…
Cryptocurrency, which had been dormant for nearly a dozen years, has risen in price by 185 times. The unknown owner of a Bitcoin wallet containing approximately 400 BTC (approximately $44.4 million) transferred all of his coins for the first time since…
The creation of a national Bitcoin reserve in the US could have a negative impact on both the cryptocurrency market and the dollar, OKX Global Managing Partner Haider Rafiq told Cointelegraph. In his opinion, any government holding a significant amount of…
Government adoption of Bitcoin will soon enter a “surprise” phase, said Samson Mow, founder of Jan3. He predicted the transition from gradual accumulation to mass adoption will occur rapidly. More and more countries are preparing to accelerate Bitcoin adoption after overcoming…
Strategy CEO Michael Saylor explained that preferred shares are becoming an important element in building new financial models. Unlike common securities, they are closer to bonds and offer investors a fixed income. Such shares may include cumulative dividends, conversion rights, and…
This month's weak Bitcoin price performance has sparked a wave of pessimism among institutional investors, increasing the likelihood of a loss-making September. On-chain data also shows that miners are reducing their holdings, putting further pressure on the already struggling cryptocurrency. Bitcoin…