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South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin


Nilam Resources enters a letter of intent with Xyberdata to acquire MindWave, securing 24,800 Bitcoin and expanding its digital assets holdings to issue a new stock. The post South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin appeared first on Cryptonews

Bitcoin Climbs Above $70,000, Marking a Stellar Recovery


On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week. Over the last 24 hours, its value against the U.S. dollar has increased by 7%, reaching a peak of $70,645 for each unit. Bitcoin’s Swift Comeback For the first time...

JPMorgan: Bitcoin Still Overbought Despite Price Drop


Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks...

Bitcoin price retreats: Correction or calm before the storm?


Bitcoin achieved an ATH of ~$73,000 but has retraced to ~$63,000. This has been credited to the ongoing calm amid the bull run and some of the inventors taking profits back to their homes. Also, analysts believe that the price could have been corrected before it rose after a few days of Halving....

Bitcoin Falls to Sub-$63K as Market Awaits Federal Reserve’s Next Move


On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million...

GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K


Grayscale’s spot Bitcoin ETF has seen the biggest outflow of $643 million on March 18, as Bitcoin price continues to drop and is now below the $65,000 mark. The post GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K appeared first on Cryptonews

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