Tag: Bitcoin
Bitcoin Price Hits Record High Over $63K Amid Trump Assassination Attempt
Bitcoin's price surged to a record high of over $63,000 after news of a failed assassination attempt against former US president Donald Trump. The cryptocurrency reached a multi-week high of $62,980, with experts attributing...
Bitcoin Price Stalls Below $60k as Poodlana Presale Launches in 5 Days
Bitcoin Price Stalls Below $60k as Poodlana Presale Launches in 5 DaysBTC saw a rise above $59k on Thursday but has since dropped back down as the market did not take advantage of yesterday's...
Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens
The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...
Northern Data Revenue Decreased to €77.5M, Mined 2,298 BTC in 2023
Northern Data Group experienced a decrease in revenue, with a reported net revenue of €77.5 million for the fiscal year 2023, compared to €193.3 million in 2022. The company's total income also saw a...
Bitcoin as Reserve Currency to Strengthen the Dollar
Senator Cynthia Lummis from Wyoming recently stated that incorporating Bitcoin into the US financial system could potentially strengthen the US dollar and help it maintain its global dominance. During an interview on Fox Business,...
Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations
Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...
XRP Outperforms as Bitcoin Bulls Stay on the Sidelines
Bitcoin experienced a 2.3% drop in value over the past 24 hours, falling to $57,000 after briefly reaching $59,000 on Thursday. However, XRP tokens saw a 5% increase during the same period, making them...
How Binance’s 41,000 BTC Purchase Impacted the Bitcoin Market
Bitcoin has been trading sideways recently, trying to recover from the selling pressure it faced over the past week. Despite some optimism in the market, the daily chart shows a candlestick pattern that indicates...
Crypto Market: Exchange Withdrawals Hit 5-Year Low at 28.5k BTC
The latest data shows that exchange withdrawals in the crypto market have hit a 5-year low, with only 28.5k BTC being withdrawn. This indicates that traders are holding onto their assets rather than moving...
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...