Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S.
As the cryptocurrency market approaches the holiday season, analysts, including Crypto Jebb, are drawing parallels between current Bitcoin trends and historical patterns observed in 2017 and 2020. At this time of year, Bitcoin was previously hovering just below its all-time high of $20,000.
Prominent trader Henrik Zeberg has predicted that the price of Bitcoin, the leading cryptocurrency, could skyrocket to as much as $123,000.
Reacting to Kiyosaki's post, a crypto commentator stated that Bitcoin stands as a shield in this period when the price of fiat currencies depreciates so badly.
As Bitcoin (CRYPTO: BTC) trades near $70,450 on Thursday afternoon, traders are preparing for potential market swings linked to the upcoming U.S. election. What Happened: According to data from CoinGecko, Bitcoin hit a recent high of $73,563, just short of its all-time high of $73,797 reached in March.
The last week of October is buzzing with claims of Satoshi's identity. On October 31, the anniversary of Bitcoin's whitepaper release, Stephen Mollah presented himself as the elusive Satoshi Nakamoto at a London press conference. Mollah's claim quickly attracted media attention, but mounting doubts over his identity cast a shadow over the event.
The newest fake Satoshi Nakamoto is a refreshing reminder that the media needs to stop looking for Bitcoin's creator.
In its Q3 earnings report, MicroStrategy announced a $42 billion capital-raising initiative aimed at Bitcoin (BTC) acquisitions over the next three years.
Bitcoin is closing in on its all-time high as long-term holders and whale activity suggest sustained upward momentum.
Bitcoin ETFs took in almost $900 million Wednesday—nearly all to BlackRock—as the U.S. funds now collectively hold over 1 million BTC.
MicroStrategy has announced plans to secure an additional $42 billion in funding over the next three years, with the sole purpose of buying more Bitcoin. The post Billionaire Saylor's MicroStrategy Unveils $42B Plan to Buy More Bitcoin Over Next Three Years appeared first on Cryptonews.
Bitcoin has rallied rather sharply in recent weeks to top the $70,000 level. Still Matthew Sigel – the head of digital assets research at VanEck remains convinced that a sharper rally will materialise once the winner of the US elections 2024 is announced.
Bitcoin holders should brace for a potential price pullback and heightened market volatility as the U.S. election looms, analyst says.
Defiance ETFs has announced a major update to its MicroStrategy ETF, boosting leverage to 2x, which effectively offers investors up to 4x Bitcoin exposure.
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
Bitcoin (BTC) has once again captured the spotlight, recently breaking through the crucial $70,000 mark, reaching an impressive $71,000. This surge has ignite discussions among investors and analysts about the potential for further gains.
Bitcoin (BTC) has performed its biggest rallies during periods of weak US dollar prices. This time, BTC expects strong performance while the DXY index outperforms.
The event underscores the persistent challenges in verifying Satoshi Nakamoto's identity, fueling ongoing skepticism and legal scrutiny. The post British businessman accused of fraud declares himself Bitcoin's creator Satoshi Nakamoto appeared first on Crypto Briefing.
Fidelity, Ark, Valkyrie, and VanEck joined BlackRock's record $872 million inflow day, adding smaller contributions to US Bitcoin ETFs.
BTC price action dips nearly 2%, unsettling late longs as Bitcoin shows no interest in the latest US macro data prints.
With Ika's integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.
Today, on the 16th anniversary of the release of the Bitcoin Whitepaper by the mysterious Satoshi Nakamoto, Michael Saylor, CEO of MicroStrategy and prominent Bitcoin advocate, went public with a "Thank you, Satoshi" message on his X account.
16 years ago, Satoshi released the Bitcoin white paper into the world, seeking to revolutionize finance by eliminating the custodians and middlemen associated with money. Today, his proposal is as valid as ever, even with bitcoin's rise in popularity.
Bitcoin surpassed $70,000 for the first time in over seven months and could approach an all-time high above $73,000.
Stephen Mollah, a British-Asian macroeconomist, claimed that he is Bitcoin creator Satoshi Nakamoto at a London event Thursday. Here's what he had to say.
In 2008, Satoshi Nakamoto released the Bitcoin whitepaper. This document explains how Bitcoin would work and how it could change the way we think about money.
I've already written about the way Bitcoin and cryptocurrencies have been oozing their way into popular culture for years now, mainly covering Netflix's quippy one-off jokes about dating crypto bros, or more nefarious criminal plot points involving money laundering.
Riot Platforms reports a significant 65% revenue increase in Q3 2024, driven by Bitcoin mining expansion and strategic power management despite halving impacts.
The king coin's regulatory status and institutional interest give it an edge over altcoins.
As institutional interest in Bitcoin soars, the crypto community grapples with fundamental questions about custody and control.
the cryptocurrency market buzzes with excitement over Bitcoin's recent breakout above $71,000, Cardano (ADA) is capturing the attention of investors looking for potential gains. With a fully diluted market capitalization of approximately $15.5 billion and daily trading volumes exceeding $373 million, ADA has shown resilience, rallying over 2% in the past 24 hours to reach around $0.34 as of Tuesday, October 29.
BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) on Wednesday experienced record-breaking inflows, signaling steadily increasing institutional interest towards cryptocurrency investments. What Happened: According to data from SoSoValue, IBIT saw an unprecedented $872 million in net inflows on Wednesday, surpassing its previous high set in March.
MicroStrategy CEO Michael Saylor was among the first to celebrate 16th anniversary of Bitcoin Whitepaper Day. By thanking Satoshi on his X profile, Saylor acknowledged all the good things that had resulted from this groundbreaking masterpiece.
The Bitcoin market seems to see a bit of resistance at the $74,000 level, which was near the previous all-time high. Ultimately, it's a question of whether or not the momentum can return, or if we need to buy on the dip.
The total holdings of the spot Bitcoin exchange-traded funds (ETFs) approved in the United States earlier this year have surpassed the 1 million BTC market, meaning total market capitalization of the BTC held by these funds is now above a staggering $72.5 billion.
The once predictable correlation between Bitcoin's performance and altcoin rallies appears to be weakening.
As Bitcoin (BTC) continues to tease a new all-time high (ATH), daily over-the-counter (OTC) desk inflows have plummeted to yearly lows. Bitcoin's “Uptober” Narrative Remains Intact Bitcoin has overturned the sluggish start to its historically most bullish month, recording more than 13% gains in October and coming within reach of a new ATH.
The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea
On Halloween, Oct. 31, 2008, while many were preoccupied with costumes and candy, an anonymous figure, known only as Satoshi Nakamoto , released a document that would ultimately reshape global finance. What Happened: The white paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” introduced the concept of a decentralized digital currency, free from government or central bank control.
The crypto market is bracing itself for what could be an explosive upward price surge from Bitcoin. When these events happen, it's usually all about the king of the cryptocurrencies.
Bitcoin Founder Satoshi Nakamoto published the coins Whitepaper on this day 16 years ago
According to a new filing, Reddit sold most of its crypto holdings in Q3 2024. The company held crypto assets consisting of Bitcoin and Ethereum for treasury purposes, which was revealed after it went public in February.
The '21/21 Plan' outlines a systematic capital raise through 2027: $10B in 2025, $14B in 2026, and $18B in 2027
With the US presidential elections nearing and no clear frontrunner, uncertainty looms over what effect the victor will have on the crypto sector.
Michael Saylor's Bitcoin development company MicroStrategy reported a loss in its latest quarterly results — but the firm is still uber-bullish on BTC.
The U.S. presidential election is creating a storm of speculations in the crypto space, JPMorgan analysts are suggesting that a potential win for Donald Trump could bring new momentum to bitcoin and gold prices, spurred by heightened interest from retail investors.
South Korea's crypto participation surged to 7.8 million, with Bitcoin surpassing 72,000 won, boosting trading volume and profits.