Bitcoin’s layer 2 scaling solution, Fractal Bitcoin, significantly increased its network security by onboarding one of the largest crypto mining pools. Fractal Bitcoin (FB), a layer 2 scaling solution for the Bitcoin (BTC) network, recently secured a major win in terms of its security. On Thursday, April 24, the project managed to secure Foundry, one…
New Hampshire’s move toward integrating digital assets into its financial strategy took a step forward this week as House Bill 302, which would enable the state to invest in Bitcoin and precious metals, passed its second Senate committee. The bill, first introduced in January, has now cleared four major legislative stages. HB302 began with a…
Japanese investment firm Metaplanet boosted its Bitcoin holdings to 5,000 BTC with a new 1.9 billion yen purchase. Tokyo-based Metaplanet Inc. has acquired an additional 145 Bitcoin (BTC), bringing its total holdings to 5,000 BTC as part of the firm’s ongoing Bitcoin Treasury Operations, according to a Thursday regulatory filing. The firm disclosed that it…
Bitcoin is now at a pivotal turning point, trading into a dense cluster of technical resistance. While momentum has favored bulls recently, confluence with several high time frame metrics suggests this may be the setup for a deeper corrective phase. Bitcoin (BTC) is currently trading at a significant resistance region, where multiple high time frame…
Jack Mallers, founder and CEO of crypto payments firm Strike, is taking on a new role as CEO of the newly formed Bitcoin-centric company Twenty One. The announcement that Jack Mallers will be the new Twenty One Capital, Inc. CEO comes after the new company revealed a business venture involving Cantor Equity Partners,a special-purpose acquisition…
Bitcoin overtakes Google and Amazon by market cap, claiming its place as the fifth largest asset. This milestone comes only a day after BTC surpassed $94,000. On April 23 at around 11:20 AM UTC, Bitcoin (BTC)’s market cap surged to $1.86 trillion following its price increase to $94,320. The rise in BTC’s market cap surpassed…
CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the…
Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin’s strong upward momentum. According to data from crypto.news Immutable X (IMX), a Layer-2 network focused on gaming and NFTs, surged to an intraday high of $0.687 on April 23, nearly 100% higher than its lowest level…
XRP and PI rallied, rising 8.83% and 6.5% respectively, amid growing optimism around XRP’s ETF prospects and Pi Network’s mainnet progress. The crypto market is showing early signs of recovery, with Ripple’s XRP (XRP) up 8.83% and Pi Network’s PI (PI) token gaining 6.5% on Wednesday, as Bitcoin (BTC) continues its climb toward the $95,000…
For the first time in seven weeks, Bitcoin has surpassed $93,000, triggering a sentiment shift that resulted in more than $600 million in crypto market liquidations. As of press time, Bitcoin (BTC) is trading at $93,069, up 5% in the last 24 hours. Ethereum (ETH) has jumped 12% to $1,768 while Solana (SOL) is up…
