Crypto markets took a big dip in late trading on Sunday, with Bitcoin falling below $100,000 for the first time since early May, but it appears to be recovering already. Markets have been highly volatile over the past week amid geopolitical tensions and the US air strike on Iranian nuclear facilities over the weekend. Those […]
At the time of this writing, Bitcoin (BTC) was a couple of hundred dollars under $103,000, after dipping 4% in 24 hours, but Max Keiser is suggesting this volatility is mere tremors before a seismic surge to $800,000. In a sit-down with Bitcoin Magazine’s Isabella Santos, the legendary BTC prophet claimed that the 10-year Japanese […]
Bitcoin network activity shows a decline in transactions but a rise in settlement volume, “pointing to increased usage by large entities,” reported Glassnode on June 19. It added that a “clear divergence” has emerged between market valuation and network activity, indicating that large institutions are becoming more dominant in network activity. Daily Bitcoin transactions have […]
An average of 566 BTC per day is falling into this long-term “ancient supply” bucket, compared to the current daily issuance rate of 450 BTC, reported Fidelity Digital Assets on June 18. This trend marks the first time in Bitcoin’s history that long-term held coins are growing faster than new supply, potentially reinforcing the asset’s […]
Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to […]
Strategy co-founder Michael Saylor met with Pakistani officials, including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb, according to a June 15 Dawn News report. Saylor praised Pakistan’s progressive approach to cryptocurrency adoption and urged the country to consider Bitcoin as a sovereign reserve asset for monetary resilience. “Bitcoin is the […]
Bitcoin (BTC) is once again testing the nerves of traders worldwide, hovering just above $105,000 today as forecasts split the crypto community in half. Will the king cryptocurrency explode to $175,000 this cycle, or nosedive to under $80,000 if fear grips the market? The $175K Dream On the bullish side, pseudonymous chart-watcher Egrag Crypto supercharged […]
With Bitcoin teasing its all-time high over the past couple of days, “retail has gotten bullish,” reported blockchain analytics firm Santiment on June 11. Analysts at the firm reported that there are more than double the number of positive Bitcoin comments versus negative across social media, which is a signal of growing retail interest. This […]
Trump Media & Technology Group (TMTG) is planning to raise billions of dollars via a securities offering. Although the firm has not clarified its reason for the fundraising, the company’s actions in the last few weeks raise speculation as to whether a part of the fund will be geared toward more bitcoin (BTC) acquisitions. According […]
“Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth […]