Bitcoin Updates

Bitcoin's Potential Ascent Expert Insights on Factors Driving Future Growth

Bitcoin's Potential Ascent Expert Insights on Factors Driving Future Growth

Bitcoin, the original cryptocurrency, is still making headlines after all these years. Forecasts of significant appreciation are driving this demand. These predictions are based on increasing adoption, past experience and trends, and innovation with technology. Industry experts weigh in on whether Bitcoin has the potential to soar to new all-time...

Bitcoin Miners Offload Holdings Amid Economic Headwinds

Bitcoin Miners Offload Holdings Amid Economic Headwinds

For one, the publicly traded Bitcoin mining companies have been selling a majority of their newly mined Bitcoin. FOR EXAMPLE, in March alone they sold more than 40% of their reserves. This liquidation is the biggest monthly sell-off since Oct 2024. Miners are reeling from having to adjust to the...

Canaan Expands Bitcoin Mining Operations Amid Market Uncertainty

Canaan Expands Bitcoin Mining Operations Amid Market Uncertainty

Canaan Inc., a company named after the biblical Promised Land and listed on the stock market as CAN.US, is ramping up its bitcoin mining operations. According to the Denver-based company’s most recent monthly report, the company minted a total of 90 bitcoins during the month of March. This is a...

HK Asia Holdings Increases Bitcoin Holdings in Strategic Diversification Move

HK Asia Holdings Increases Bitcoin Holdings in Strategic Diversification Move

Just yesterday HK Asia Holdings revealed plans to massively increase their Bitcoin exposure. Instead, they’re making the cryptocurrency part of their larger investment game plan. This move protects a rapidly increasing base of institutional investors. They jump at the opportunity to diversify their portfolios and protect themselves against inflation. The...

LabHost Creator Zak Coyne Sentenced to Eight-and-a-Half Years in Prison

LabHost Creator Zak Coyne Sentenced to Eight-and-a-Half Years in Prison

Zak Coyne wrote the phishing-as-a-service LabHost. He has since received and served a prison sentence of eight-and-a-half years for creating the bait websites, which bilked victims in 91 countries out of their money. Cybercriminals used Coyne’s service to support large-scale phishing campaigns. This criminal scheme caused millions in losses to...

Navigating the Digital Landscape Yahoo, AOL, and the Power of Advertising

Navigating the Digital Landscape Yahoo, AOL, and the Power of Advertising

The digital world is crowded and competitive, making it a challenge for any brand to break through and resonate with consumers. Of the most infamous, perhaps none are bigger than Yahoo and AOL—both now under the same family of brands' control. These services, now owned by Yahoo Advertising, help shape...

Bitcoin Encounters Key Resistance at Ichimoku Cloud, Creating Headwinds for Bulls

Bitcoin Encounters Key Resistance at Ichimoku Cloud, Creating Headwinds for Bulls

Bitcoin’s price action is currently hitting hard resistance from the Ichimoku Cloud, one of the most popular technical analysis indicators. This resistance is painting an ugly risk-reward picture for bullish speculators, indicating possible headwinds to any additional upward price action. The Ichimoku Cloud is proving to be an important level...

Bitcoin's Resilience Signals Potential to Defy Economic Downturn

Bitcoin's Resilience Signals Potential to Defy Economic Downturn

Bitcoin has proven astonishing resilience in recent economic turbulence, often acting as a safe haven despite severe market volatility during this time. Despite the unfortunate fate of crypto investors through this turbulent year, Bitcoin’s resurgence is adding to the perception that it is increasingly decoupling from traditional bad economic news....

US Mulls Tariffs and Gold Revaluation to Bolster Bitcoin Reserves

US Mulls Tariffs and Gold Revaluation to Bolster Bitcoin Reserves

We examine some new strategies that the federal government could pursue to build a Bitcoin reserve, such as employing tariff revenue and revaluing gold certificates. The Administration’s Presidential Council of Advisers for Digital Assets is guiding these discussions. This is a major departure from the country’s previous posture toward the...

Ethereum Faces Investor Exodus as ETH/BTC Ratio Plumbs Five-Year Low

Ethereum Faces Investor Exodus as ETH/BTC Ratio Plumbs Five-Year Low

Ethereum now finds itself in a strong bearish trend as growing on-chain and social metrics are painting a picture of deep investor sentiment and network activity. The ETH/BTC trade rate additionally dropped sharply all the way down to 0.01924 on Apr. 14, its lowest stage since January 2020. This decline...