Bitcoin miners have unloaded close to $1 billion in Bitcoin after the recent price surge, on-chain data reveals. From April 18 to 24, miners seemed to coordinate a huge selling spree. They moved nearly 14k Bitcoin to centralized exchanges in the process. The sell-off comes as the aftermath of the...
With its aggressive acquisition strategy, MicroStrategy is well on its way to become the first Bitcoin Superpower. Analyst Adam Livingston suggests MicroStrategy's consistent purchasing habits are significantly impacting Bitcoin's supply dynamics. The company’s reckless, dubious actions have already driven up buying and borrowing costs throughout the financial system.Over the last...
InvestAnswers thinks that Bitcoin, the most valuable crypto asset by market cap, is about to surpass gold. Look forward to a thrilling ascent in the months ahead! The bullish prediction follows Bitcoin’s recent performance as the market continues to trend largely against gold.The host of InvestAnswers, a YouTube channel with...
Bitcoin mining is making a transition to cleaner energy sources. Today, more than 50 percent of all operations run on renewable/low-carbon energy. This change is a huge step for the cryptocurrency on its path to a more eco-friendly future. Our allies North America is taking the lead, making up a...
Bitcoin is quickly closing in on $100,000, driven by a new wave of institutional interest and strong, bullish market fundamentals. The cryptocurrency currently trades at $94,743.16 as of Monday, April 28 at 10:12 p.m. ET, and analysts are closely watching its trajectory as it aims for new heights. Although the...
Bitcoin’s price may reach $1.5 million by 2030, Ark Invest believes. This sunshiny prediction is based on the assumption of Bitcoin’s cap supply and continued growth in adoption. It points to Bitcoin’s usefulness as a hedge against economic malaise. The cryptocurrency has already demonstrated substantial growth, rising more than 1,100%...
With its recent news, MicroStrategy is reinforcing its position as one of the largest corporate holders of Bitcoin. Under the often erratic leadership of executive chairman and bitcoin lightning rod Michael Saylor, the company recently purchased 15,355 BTC. This advance purchase comes after MicroStrategy’s big buy of $1.42 billion. Through...
Bitcoin was first introduced in 2008 as a decentralized digital currency beyond the reach of any government. It has been more closely tied to political drama and policy decisions. Its recent trip from fringe technology to mainstream asset has been a doozy. That value shifts depending on market forces and...
MicroStrategy is now buying an estimated 2,087 Bitcoin (BTC) per day – that’s seven times what Bitcoin miners are producing every day. This aggressive acquisition strategy has led to MicroStrategy accumulating significant influence in the Bitcoin market, sparking both excitement and concern among analysts and critics.Bitcoin miners are still producing...
As bitcoin prepares for a deeply uncertain May in 2025, analysts are forecasting massive price movements in either direction. Three key areas account for that uncertainty. The recent halving event and worries about U.S. debt sustainability come in first. The cryptocurrency thrives on volatility. The month ahead has the potential...