Tag: Bitcoin
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,...
Streaming tokens surge as Bitcoin Cost drops into the $54,000 Service
Tokens associated with gambling, video and audio streaming rallied to new highs much as Bitcoin cost pulled back into the $54,000 support.Bitcoin (BTC) bulls faced powerful headwinds on March 22 that immediately dismisses any...
Unpacking the $7 Billion Drop in Bitcoin’s Open Interest
Bitcoin's open interest has recently taken a hit, dropping by $7 billion in just one month. This decline in notional open interest has coincided with a 14% decrease in the price of Bitcoin in...
Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure
US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
Bitcoin Price Drops Below $59K with $230M Crypto Liquidations
Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
SBI Crypto’s Bitcoin mining pool goes public
The mining subsidiary of Japanese financial conglomerate SBI Holdings is launching its own pool services to institutional and retail clients alike.As among the fruits of a strategic partnership involving SBI and the German technology...
Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days
Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
Bitcoin and Ethereum Dominate 97% of Trades on Crypto.com
Crypto.com has emerged as a major player in the cryptocurrency trading world, surpassing Coinbase in trading volumes. The platform's monthly spot trading volume skyrocketed to $139 billion in October, more than doubling Coinbase's $57...
Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low
Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
When will Bitcoin cost rally end? Here’s What’s financing the BTC bull run
Why are BTC prices sustaining because of a constant stream of good thought, or is there more ?Speculation about the length of the present run is unlimited, with Bitcoin currently a steady news thing...
