In a swift turn of events, the cryptocurrency market has witnessed a significant downturn, with a staggering $230 billion wiped off its market capitalization within a mere six days. This abrupt decline has been notably marked by Bitcoin’s retreat of 11.65% from its record high of $73,949 over the past five days. The primary catalyst […]
Understanding the Recent Crypto Market Downturn Read More »
MicroStrategy, a well-known business intelligence company and self-proclaimed pioneer in Bitcoin development, has once again grabbed attention with its latest action in the cryptocurrency realm.
MicroStrategy, a software company known for its interest in bitcoin, recently bought more bitcoins. They used $623 million to purchase 9,245 bitcoins, each costing around $67,400. This money came from $592.3 million raised through a special type of loan and $30.7 million from their extra cash.
MicroStrategy’s Latest Purchase Pushes Holdings to Over 1% of Bitcoin’s Total Supply Read More »
The Government Pension Investment Fund (GPIF) of Japan declared on Tuesday that it was investigating ways to diversify into illiquid assets like gold, farms, Bitcoin, and forests. In line with its goals for fiscal year 2023, it intends to conduct research and receive feedback on a number of investment-related topics. However, the proposal does not
Bitcoin (BTC) experienced a flash crash to $8,900 on BitMEX exchange the previous night. Flash Crash describes a situation in which the value of an asset drops dramatically and then quickly rises back up.
Bitcoin Price Alert: Bitcoin Price Flash Crashes to $8.9K on BitMEX Exchange Read More »
It has become difficult for the Bitcoin price to overcome the $68,800 barrier in the last 3-4 days. Its price is falling, and further declines may occur below the $65,000 support. Bitcoin Price Faces A Tough Resistance The Bitcoin price once again tried to rise above $65,500. It rose above $67,200 and $68,000. However, the
Bitcoin Price May Fall More Before Marching Towards $70,000 Read More »
Over the weekend, the crypto world was abuzz with excitement as Solana’s SOL and The Book of Meme (BOME) took center stage on social media platforms like X, Reddit, Telegram, and 4Chan. These two tokens stole the spotlight due to their impressive performance, outshining popular cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC). What’s the Buzz
Trending on Social Media: SOL and BOME Outshine Ether and Bitcoin Read More »
