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MicroStrategy Adds 169 Bitcoin Worth $11.4 Million in July 2024


MicroStrategy Incorporated (NASDAQ: MSTR) has revealed its Q2 2024 financial report, which states the company saw a substantial increase in its Bitcoin holdings. This quarter, the company has acquired a significant amount of Bitcoins, reflecting 12,222 in total and averaging $65,882 per bitcoin...

Senator Lummis Drafts Bitcoin Act to Slash National Debt by Half!


To combat the rapidly growing national debt and establish America as a powerhouse for financial technology, U.S. Senator Cynthia Lummis has officially introduced in the United States Senate today its plans to inaugurate the Boosting Innovation, Technology and Competitiveness through Optimized...

Bitcoin Price Reversal Alert; Is the Bull Run Over for BTC?


In anticipation of the US Fed meeting tonight, where Jerome Powell is expected to outline the timing and frequency of upcoming rate cuts, the cryptocurrency market experienced a downturn on Wednesday. Bitcoin and Ethereum were at the forefront of this retreat. At press time, Bitcoin (BTC)...

Bitcoin Fails to Break $70k in Six Tries: BTC Future Outlook


After a bullish movement, Bitcoin and Ethereum are showing diverging trends amidst broader market volatility. In a recent report by QCP Broadcast, analysts shed light on the current state of these leading digital assets and their potential next moves. Bitcoin’s Struggle and Ethereum’s...

Fidelity Intl Launches Bitcoin ETP to London Stock Exchange


Fidelity International has announced the listing of its physical Bitcoin exchange-traded product (ETP) on the London Stock Exchange. According to the details from the press release, this development opens the door for professional investors in the UK to gain direct exposure to Bitcoin through...

Grayscale’s Mini Bitcoin Trust Begins Trading on NYSE Arca


The mini version of Grayscale Bitcoin Trust (GBTC) launched by Grayscale Investment was listed on NYSE Arca on Wednesday. The U.S. Securities and Exchange Commission (SEC) gave the product the go-ahead last week, and it hit the market at 4 a.m. ET on Friday. This new product provides investors with...

Bitcoin & Crypto Takes Center Stage in US Presidential Race


The past week was momentous for Bitcoin & cryptocurrency as they took center stage in the US presidential race. Former President Donald Trump made a groundbreaking endorsement of Bitcoin at the Bitcoin 2024 conference in Nashville, pledging to create a national “strategic Bitcoin...

Marathon & Riot Boost Bitcoin Reserves as Small Miners Sell


After the recent Bitcoin (BTC) halving, the dynamics in BTC mining have changed significantly, affecting both small and big miners. While the smaller miners are dumping their Bitcoin to cover expenses, more prominent institutional investors such as Marathon Digital Holdings and Riot Platform...

Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?


On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. Earlier that day,...

Crypto Crimes Turn Dark: Bitcoin Greed Causes a Casualty


Since before Bitcoin and other cryptocurrencies became mainstream investment vehicles, they have been a means of executing cyber crimes. However, crimes affiliated with cryptocurrencies took a new shape this week, which also led to a casualty. Bitcoin Costs This Man More Than Just $70,000 Earlier...

$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....

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