Can Stablecoin’s ‘Dry Powder’ Effect Propel Bitcoin Past 100K Once Again?
Bitcoin has rebounded from the $94,000 price level and trades at $97,000. The stablecoin (USDT and USDC) supply on exchanges has skyrocketed. Analyst Tony Edward believes that Bitcoin prices will…
MicroStrategy and Marathon Digital: Boosting or Manipulating BTC?
Peter Schiff warns that Bitcoin’s value is artificially inflated by leveraged buying. MicroStrategy and Marathon’s leveraged strategies raise concerns about Bitcoin’s stability. Bitcoin yields from companies like MARA and MSTR…
Marathon Digital Becomes Second-Largest Corporate Bitcoin Holder
Bitcoin miner Marathon has purchased 1,300 BTC for a total of $130.66 million. The leading cryptocurrency dropped below the $100,000 price level. Marathon also purchased 1,423 BTC worth $139.5 million…
Traders Split as Bitcoin Price Flirts With $100K Threshold
Crypto Kaleo asked investors to buy Bitcoin after a major correction. The analyst believes that BTC will hit $60,000 post this correction. Bitcoin RSI reads above 66 which shows that…
Bukele’s Bitcoin Strategy Pays Off: Reaps $333M Profit for El Salvador
El Salvador’s Bitcoin portfolio reaches $603M, yielding a $333M unrealized profit. Bitcoin surpasses $100K, contributing to a 117.7% portfolio growth this year. President Bukele celebrates the success, with Elon Musk…
Breaking $100K: Bitcoin Draws Parallels to Global Economic Indicators
Bitcoin claimed a market cap of $2 trillion after breaking above $100K. BTC is now the 10th largest currency and the 12th largest country by value. Predictions of Bitcoin hitting…
Bitcoin Now Accepted for Virgin Voyages’ Unlimited Cruise Program
Virgin Voyages became the first cruise line to accept Bitcoin for payments. Annual Pass offers unlimited cruises, targeting remote workers and luxury travelers. Bitcoin adoption could attract crypto whales, boosting…