The crypto's main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin.
The Wall Street adage of “buy the rumor, sell the news” didn't apply to the launch of US spot Bitcoin ETFs last year and it won't apply to President Trump's inauguration next week.
A look at the history of the Polish Solidarity movement that overthrew communism, and similarities between the movement and Bitcoin, by Natalie Smolenski.
The cryptocurrency traded hands above $108,000 not too long ago, but then the Fed made a hawkish pivot.
MicroStrategy (NASDAQ: MSTR), the world's largest corporate Bitcoin holder, announced on January 13, the purchase of 2,530 Bitcoin (BTC) for $243 million, acquired at an average price of $95,972 per BTC.
Questa settimana potrebbe essere determinante per la crypto di maggiore valore. Secondo un noto analista crypto, Bitcoin potrebbe innescare un rally parabolico in mezzo all'attuale fase di consolidamento sotto il livello dei 95.000 dollari.
With the market caught between greed and fear, the next few days could be decisive.
Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed's Hawkish Outlook Coinshares' weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $48 million last week.
Bitcoin's [BTC] price has been hovering about 12% below its all-time high, which has fueled discussions about where the market is headed. Despite this minor dip, a notable shift is taking place in Bitcoin's Long-Term Holders (LTHs) distribution patterns.
MicroStrategy SEC filings show the company paid an average price of approximately $95,972 for the latest addition to its Bitcoin reserves.
Russia has seen a sharp rise in Bitcoin mining activity as citizens and businesses turn to crypto mining for additional income streams, local media outlet Prime reported. According to the report, the demand for industrial Bitcoin mining equipment in Russia has tripled compared to the same quarter in 2023.
Semler Scientific, Inc., a medical technology company focused on combating chronic diseases, has expanded its Bitcoin holdings significantly. The company recently acquired 237 BTC, bringing its total reserves to 2,321 Bitcoin.
Once a relatively fringe asset, Bitcoin (BTC), the premier cryptocurrency, has steadily garnered mainstream support. However, a crucial turning point was reached with the approval of the first Bitcoin exchange-traded funds (ETFs) in early 2024.
Trading activity hit its lowest point since November while capital inflows dropped from $134B to $58B.
MicroStrategy has expanded its Bitcoin reserves by acquiring 2,530 BTC for $243 million, averaging $95,972 per coin, between January 6 and 12.
Bitcoin (BTC) exchange reserves have dropped to levels not seen since 2018, with the total supply on cryptocurrency exchanges standing at 2.35 million BTC as of January 13, according to CryptoQuant. The decline marks a near seven-year low and is believed to be driven by institutional investors accumulating Bitcoin at discounted prices.
Bitcoin's price exhibited a tempestuous performance on Monday, as the leading cryptocurrency plunged from approximately $94,000 to under $90,000 by 9:35 a.m. EDT. Following this descent, BTC demonstrated a partial recovery, ascending to hover within the $92,300 to $93,000 bracket.
The crypto beacon is slowly dimming below $92,000. The overheating of platforms fuels fears, investors tremble.
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
Since historical data does not show a clear pattern for the consecutive uptick in mining difficulty, it remains to be seen if BTC will continue to rise or fall.
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisition strategy, has added another 2,530 BTC to its reserves. According to an 8-K filing with the Securities and Exchange Commission on Monday, the company spent approximately $243 million between January 6 and January 12, purchasing Bitcoin at an average price of $95,972 per coin.
The Bitcoin price crash has steered up the need for crypto investors to invest in some of the best AI altcoins to buy in the market, which serves as an alternative to hedge against market volatility.
Bitcoin (BTC), the largest cryptocurrency, finally drops below $90,000, losing $118 billion in capitalization in 12 hours. However, CryptoQuant's verified author does not expect this drop to go much lower since short-term holders remain in profit.
Semler Scientific, a California software and medical technology company, has increased its Bitcoin (BTC) investment. According to the company's chairman, Eric Semler, in an X post, Semler Scientific has acquired 273 BTC.
Meta Platforms Inc. shareholders are advocating for Bitcoin to be added to the company's $72 billion cash reserves, citing inflation's impact on purchasing power.
MicroStrategy's Bitcoin holdings have reached 450,000 BTC, worth $40 billion, following its latest cryptocurrency acquisition.
JPMorgan CEO Jamie Dimon has expressed mixed opinions about the future of digital currencies, praising their potential while sharply criticizing Bitcoin.
Pepe coin price, a popular meme-based cryptocurrency, has faced a downturn amid the ongoing market correction. PEPE is trading bearish, slipping below its key support levels as Bitcoin's performance influences altcoin trends.
Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.
Bitcoin mining difficulty has increased by 0.41% to reach 111.45 Trillion (T). This marks the eighth consecutive increase in the difficulty adjustment level.
JPMorgan Chase CEO Jamie Dimon reiterated his scepticism about Bitcoin, calling it a “complete waste of time and money.”
The Nasdaq stock index is red again, down another 1.2% according to futures in a constant correction since December 18th.
BlackRock's Bitcoin ETF launch in Canada may accelerate mainstream crypto adoption and influence global regulatory approaches to digital assets. The post BlackRock debuts new spot Bitcoin ETF in Canada appeared first on Crypto Briefing.
Il semblerait que la course à l'intégration de bitcoin continue de gagner les esprits dans la finance traditionnelle et le monde des affaires. Après un vote négatif des actionnaires de Microsoft à l'intégration de bitcoin, constatons que les choses évoluent également du côté de Meta.
Weekly data for crypto ETFs revealed contrasting fortunes for bitcoin and ether ETFs. Spot bitcoin ETFs attracted $307.2 million in net inflows, while spot ether ETFs posted a combined loss of $185.89 million.
Macro guru and Real Vision chief executive Raoul Pal says that Bitcoin (BTC) is mirroring the same pattern seen about nine years ago before igniting a parabolic surge.
Billy Markus, the co-author of the iconic meme cryptocurrency Dogecoin launched in 2013, has published a tweet to share with the community his thoughts on what is happening on the crypto market right now. On social media, Markus is known under the pseudonym Shibetoshi Nakamoto.
While Bitcoin is often considered a hedge against inflation, it does have a positive inflation rate of 0.83%. Bitcoin's inflation is extremely low compared to the dollar's peak of 9.1% in 2022.
Bitcoin's recent price action has raised questions about its future direction, particularly as it briefly dipped below $92,500 before rebounding above $94,000. Amid this volatility, Real Vision founder Raoul Pal introduced an intriguing concept called the “Banana Zone,” which could signal a transition in the cryptocurrency market and open the door for an altcoin season.
BlackRock has expanded its digital asset offerings by launching the iShares Bitcoin ETF in Canada. The ETF is trading under ‘IBIT', the same as the US.
In a significant develoment for the crypto landscape, BlackRock has launched its iShares Bitcoin ETF on Cboe Canada, offering investors a way to gain exposure to Bitcoin through their brokerage accounts. Cboe Canada Inc. has announced the launch of BlackRock Asset Management Canada Limited's latest exchange-traded fund (ETF), the iShares Bitcoin ETF.
Crypto exchange-traded products (ETPs) recorded $47 million in inflows last week, according to a report from CoinShares.
Bitcoin is at levels not seen since November as gloom over BTC price strength intensifies.
This week, the cryptocurrency market is marked by the strength of the US dollar, reaching its highest level since the bear market of 2022. This situation creates challenges for Bitcoin (BTC) traders, who must navigate an environment of increased volatility as the US presidential inauguration approaches.
Bitcoin (BTC) is continuing to experience some bearish price action, and it could be about to go under $91,000, a price level it hasn't seen since late November 2024. Is this the beginning of a much bigger price dip, or can the bulls still save the day?
Bitcoin and other tokens retreated as Fed signaled caution on rate cuts.
Since reaching an all-time high (ATH) price of $108,130 on December 17, Bitcoin (BTC) has been subject to intense selling pressure. By December 20, prices had receded to as low as $92,810 — and although the recovery was quick, the leading cryptocurrency has struggled to reclaim the $100,000 mark.
Over $460 million worth of long positions in Bitcoin were wiped out in the past 24 hours amid its latest price drop.