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Metaplanet Buys the Dip; Acquires Bitcoin Worth $1.2M
8.7.2024
According to an announcement posted on X, Japanese public company Metaplanet has increased its Bitcoin holdings. Per the tweet, Metaplanet has acquired an additional 42.466 Bitcoin, worth approximately ¥400 million. *Metaplanet purchases additional 42.47 $BTC* pic.twitter.com/dPotWszW1Y...
German Government Sells the Dip, Dumps 1,338 Bitcoin
8.7.2024
The German government has offloaded 1000 more Bitcoin, ushering in crypto Monday blues. According to Arkham Intelligence on-chain data, the German government has moved 1,200 BTC within the last 3 hours. The crypto market had a red weekend, and today’s BTC offloading does not help stabilize...
Mt. Gox Bitcoin Distribution Effects: Industry Veterans Weigh In
5.7.2024
The long-awaited distribution of Bitcoin from the collapsed Mt. Gox exchange has finally begun. This event has prompted industry veterans to share their insights, offering a range of perspectives on what the distribution could mean for investors and the market as a whole. Contrasting Views: Bearish...
Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank
5.7.2024
Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According...
Pro Bitcoin; MicroStrategy, Coinbase, & BTC Miner Stocks Dip!
5.7.2024
United States crypto-related stocks registered losses in pre-market trading on Friday. The crash follows Bitcoin market losses, which have the prominent crypto trading at four-month lows. Earlier today, the Bitcoin price fell 9% to trade below $54,000 in the $53,000 zone. The market has recovered...
Bitcoin mining difficulty set for another drop following FTX collapse
5.7.2024
The resilience of Bitcoin miners is currently being tested, and miners anticipate a 5% drop in Bitcoin’s mining difficulty. Bitcoin mining refers to the process of creating and distributing Bitcoin for circulation. Mining difficulty is a metric that determines how hard it is for a miner...
Bitcoin at the Bottom Yet? NO! New Lows in Site
5.7.2024
The crypto market has been in the red for the better part of the last 24 hours. In the last seven days, Bitcoin (BTC) has shed 12% of its market share. According to CoinGecko, BTC is currently $54,042.68, a 5.8% decline since yesterday. Bitcoin Markets are yet to Bleed A lot has contributed...
Mt. Gox Bitcoin movement sparks sell-off, pushing BTC below $55k
5.7.2024
Mt. Gox very recently transferred approximately 47229 Bitcoin to another cryptocurrency wallet address. Bitcoin’s price sharply decreased over the last 24 hours, and the now defunct cryptocurrency exchange Mt. Gox moved Bitcoin worth $2.71 billion from cold storage to an address. Crypto...
Pro Bitcoin MicroStrategy & MARA Show Support Amid BTC Dip
4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...
Pro Bitcoin MicroStrategy & MARA Stocks Surge Despite BTC Dip
4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...
Insights on Buy the Dip Opportunity of Bitcoin
4.7.2024
The potential of the ‘Buy the Dip’ opportunity for Bitcoin is examined by cryptocurrency market experts. The Buy the Dip opportunity is a strategy that involves purchasing digital assets or cryptocurrency when their prices experience a temporary decline in the marketplace. The current trends in...
Bitcoin price hits a two-month low; $50k support
4.7.2024
The downward movement of Bitcoin’s prices appears to be accelerating as a result of concerns about the use of pressure tactics in sales. This was the general observation of the non-functioning exchange, Mt. Gox, as traders maintained a distance from the token. The most sought-after...
Bitcoin Spot ETFs Bleed as BTC falls to $57K
4.7.2024
Bitcoin is down, and so is the rest of the crypto industry. Spot Bitcoin Exchange Traded Funds (ETFs) have suffered outflows as the market declines. At the time of this writing, Bitcoin (BTC) is worth $57,990, showcasing a 5.1% price drop in a week. BTC ETFs join the crypto doomsday The United...
Justin Sun Wants to Buy All Bitcoins Held by German Government
4.7.2024
Tron founder Justin Sun has publicly offered to negotiate with the German government to purchase their entire Bitcoin holdings off-market. This proposal comes in response to Germany’s recent large-scale Bitcoin sell-off. I am willing to negotiate with the German government to purchase all...
Bitcoin Price Fluctuates as Mt. Gox Begins BTC Activity
4.7.2024
As the cryptocurrency market braces for the billion-dollar Bitcoin repayment from Mt. Gox, recent wallet activity has sparked discussions. While the movements are small, they’ve ignited speculation about the timing and method of the upcoming massive payout. Decoding the Recent Bitcoin...
German Government Dumps 1300 Bitcoin, Holds 40,359 BTC
4.7.2024
The German government has transferred another stash of Bitcoin to major cryptocurrency exchanges. This action, occurring amidst a broader market downturn, has raised questions about its potential impact on Bitcoin’s price. Breaking Down the Bitcoin Transaction According to blockchain...
Bitcoin Drops Under $58K: Whales Move Millions
4.7.2024
The second half of 2024 has begun with a heavy crypto market bleed. At the time of writing, Bitcoin (BTC) is worth $57,728.50, a notable 4.5% decline in the last 24 hours. According to CoinGecko, today’s global crypto market cap stands at $2.24 trillion, having lost a 5.38% market share....
Bitcoin Blips Under $60K – Speculations for ’24 Second Half
3.7.2024
Today’s crypto market has witnessed Bitcoin (BTC) trade at worrisome lows. BTC momentarily tanked below $60,000 to trade at $59,712.55 at 13:36 GMT+3. Currently, BTC is worth $60,398.17 on CoinGecko, while the coin trades at $60,160.51 on Binance. The price is a little higher...
Bitcoin Price Drops Below $60,000: BTC Weekend Projections
3.7.2024
In a surprising turn of events, Bitcoin has experienced a notable price drop, falling below the $60,000 mark. As of the latest market data, BTC is trading at $59,701.49, down 4.95% in the last 24 hours. This major volatility has definitely raised the question of how well BTC can perform this...
BTC clings to $62K as US labor data fuels market watch
2.7.2024
With the United States economy still struggling with unemployment and a decrease in manufacturing, Bitcoin (BTC) is capturing the interest of investors who want to speculate on the Federal Reserve’s future decisions and their impact on virtual currencies. On July 1, BTC rose by a mere 0.24%...