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$1.1M Polymarket Bet on Bitcoin Price Striking $70K Reviewed


The price of Bitcoin has been on an upward trajectory for the last seven weeks. At present, Bitcoin is trading at different ranges in different crypto exchanges. One thing to note is that all the prices are heading towards $70,000. With that at play, there is a BTC price review on Polymarket: “What...

Bitcoin Hits $70,000, But Quickly Plunges To $68,000


Bitcoin soared to $70,000 recently and was also quick enough to retrace to the $68,000 level. According to CoinMarketCap data, BTC surged from a 24-hour low of $67,600 to a high of $70,000. However, the bulls failed to sustain the momentum. Even though BTC picked up the pace in the last few days...

Bitcoin Sees $519M Inflows, Ethereum ETFs Post Mixed Results


As per the latest data from CoinShares, the Bitcoin and Ethereum ETF investment scene witnessed a week of contrasts. The data shows, Bitcoin has continued its bullish streak, while Ethereum’s newly launched ETFs paint a complex picture. Despite the mixed signals, the overall market sentiment...

Bitcoin Pushes Toward $70K Post Trump’s Weekend Address


The leading crypto, Bitcoin, spiked during the weekend and overflown into the week. Over the weekend, Donald J. Trump spoke at the 2024 Bitcoin Conference in Nashville, Tennessee, saying BTC is going to the moon.  Political Impacts on Bitcoin According to on-chain data from CoinMarketCap,...

Donald Trump’s Speech Sets 2024 Bitcoin Conference Ablaze


Donald Trump, the Former President of the United States, has come a long way from his anti-crypto stance to supporting Bitcoin and the crypto industry as a whole. His tryst with crypto started sometime in 2023 with the launch of his very own line of NFTs that sold out within minutes of release....

US Senator Bill Hagerty Voices Favor for Bitcoin and Crypto


One of the most important points of focus in the US Presidential race has been the policy of both parties regarding Bitcoin and cryptocurrencies. The Trump administration has repeatedly vocalized its support for digital assets, and its supporters have enunciated the same. This included Senator Bill...

U.S. Candidate Robert F. Kennedy Jr.: “Most of My Wealth in Bitcoin”


During the BTC 2024 conference in Nashville, Robert F. Kennedy Jr. again expressed his support for Bitcoin. Kennedy further cemented his pro-crypto stance by revealing that he had put most of his money into Bitcoin. This move positions him with some financial trends shaping this election period....

Metaplanet Acquires Exclusive License to Launch Bitcoin Magazine Japan


Metaplanet has announced signing an MoU with Bitcoin Magazine. The MoU grants Metaplanet the right to operate Bitcoin Magazine Japan exclusively, thereby promoting Bitcoin acceptance in Japan and other countries worldwide. Metaplanet stated in the release that the strategic relationship is in line...

MARA Announced Purchasing $100 Million of Bitcoin


MARA has published a press release to share that it now has over 20,000 bitcoins on its balance sheet. This follows the purchase of $100 million worth of BTC. This is not MARA’s first purchase, and chances are that it will continue to acquire tokens in the future. In the press release, MARA...

New Jersey Mayor: City Pension Fund to Invest in Bitcoin ETF


In an unexpected but notable announcement, Steven Fulop, the Mayor of New Jersey, has declared a significant shift in the financial strategy of the Jersey City pension fund. In a recent Twitter post, Fulop shared that the pension fund is updating its paperwork with the SEC to allocate a percentage...

Donald Trump Raises Over $4M in Bitcoin & Altcoins for Campaign


Attending the 2024 Bitcoin Conference gave ex-President Donald Trump the boost he needed. Now referred to as the ‘the crypto president,’ Trump has managed millions in crypto support for POTUS. Trump has received Ethereum, Bitcoin, Ripple’s XRP, and USDC donations. Donald Trump’s crypto support pays...

Bitstamp Initiates Bitcoin Repayments to Mt. Gox Creditor


Bitstamp Crypto Exchange has begun repaying Bitcoin to the Mt. Gox creditors. This development marks an end to over ten years of waiting since one of the largest crypto exchange hacks in history. Bitcoin Reparations Begin On July 25, Bitstamp announced it had received from the trustee all the funds...

2024 Bitcoin Conference – Here’s what to expect today


All eyes are on Nashville with the arrival of President Donald Trump and other bigwigs politicians who are scheduled to speak at the 2024 Bitcoin conference. The conference is set to begin today, July 25, and end on July 27 at the Music City Center, with more than 20,000 people expected to attend....

Democrat Kamala Harris Won’t Attend 2024 Bitcoin Conference


President Joe Biden’s dropping out of the 2024 Elections was the best thing for Bitcoin and the Crypto Industry as a whole. There have been speculations that the newly appointed Democratic presidential candidate, Kamala Harris, will attend the Bitcoin conference. However, it has been reported...

Mt. Gox Moved Bitcoin Worth $2.8 Billion in the Last 6 Hours


Mt. Gox, a Japanese crypto exchange, continued its Bitcoin payment plan to creditors today. According to on-chain data from Arkham Intelligence, Mt. Gox moved Bitcoin worth $2.805 billion in four hours. Mt. Gox continues its Bitcoin payment plan  Earlier today, the exchange transferred 37,477...

BlackRock’s IBTC leads the $532.93M Bitcoin ETFs gains


BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has seen a massive inflow of $515.84 million today. Overall. 9 Bitcoin ETFs have added  8,021 Bitcoins worth $532.93 million. Spot Bitcoin ETFs continue the upward trend  The resilience seen in the crypto...

Mt. Gox Transfers $3.2B in Bitcoin Amid Repayment Plans


Mt. Gox has moved 47,500 Bitcoin (BTC) worth $3.2 billion to two unidentified wallets. The transfers happened at 5:05 a.m. and 6:27 a.m. UTC respectively. This is to enforce the exchange’s repayment plan to its creditors. Mt. Gox Moves 47,500 Bitcoin to Wallets Mt. Gox has made another transfer...

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