Tag: Bitcoin Price
Cryptocurrency Market Analysis: Bitcoin, Ethereum, Solana Updates & Trends
After a period of stagnation in the cryptocurrency market, Bitcoin, Ethereum, and Solana saw a significant rebound towards the end of last week. Ethereum managed to recover from around $3,000, while Bitcoin and Solana...
X Drops Bitcoin Emoji During Bitcoin Conference, Surprising Community
Social media platform X, previously known as Twitter, has surprised the crypto community by seemingly discontinuing its support for the Bitcoin emoji, also known as a hashmoji or hashflag. When users type #bitcoin on...
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...
Is Donald Trump Protecting Bitcoin from Tech Stock Decline?
Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...
Title: Mnuchin Blocked Trump’s Bitcoin Ban Attempt in 2020
Former Treasury Secretary Steven Mnuchin played a key role in blocking former President Donald Trump's attempt to ban Bitcoin in 2020. This revelation comes from Mike Brock, the CEO of TBD, a division of...
German Government Sells Majority of Bitcoin Holdings, Retains $890M
In recent weeks, the German government has been actively selling off a significant amount of Bitcoin (BTC), leading to increased selling pressure on the cryptocurrency market. This move has caused Bitcoin to drop by...
Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis
Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...
Metaplanet Purchases 42,466 BTC: A Game-Changing Move – CoinJournal
Metaplanet, a Japanese firm, has made a significant move in the cryptocurrency space by purchasing 42,466 BTC, equivalent to $2.5 million. This purchase has increased Metaplanet's total Bitcoin holdings to an impressive 203,734 BTC,...
Repaying Mt. Gox Creditors with Bitcoin and Bitcoin Cash: A Guide
Mt. Gox, the once-dominant cryptocurrency exchange, has finally begun repaying its customers after almost a decade of waiting. This news brings closure to many users who have been eagerly anticipating the return of their...
Bitcoin Traders Prepare for ‘Bullish July’ with Record $124M Inflows in BTC ETFs
Bitcoin traders are gearing up for what could be a 'Bullish July' as record $124 million inflows into BTC ETFs have been recorded since the beginning of the month. This comes after months of...