The largest corporate Bitcoin holder in the world, Strategy, has purchased 6,556 BTC for $555.8 million after the cryptocurrency broke through its monthly high of $87,400. According to a regulatory filing addressed to the U.S. Securities and Exchange Commission on April 21, Michael Saylor’s company Strategy, formerly MicroStrategy, has bought 6,556 BTC (BTC) worth around…
Bitcoin started the week on a strong note, surging over 3% to nearly $88,000. According to former BitMEX CEO Arthur Hayes, this might be the last chance to buy BTC under $100,000. Bitcoin (BTC) surged over 3% to reach $87,705 following the April 20 weekly close, marking its highest level in nearly three weeks. While…
Bitcoin’s latest sharp rebound past $87,000 isn’t just another long-weekend rally, analysts say, as early signs point to renewed safe-haven interest. Bitcoin’s (BTC) holiday rebound may be more than just a short rally, according to analysts at QCP Capital, who say institutional investors are starting to return. In an analytical research report on Monday, the…
Canadian Bitcoin mining company HIVE Digital has completed its flagship facility in Paraguay, aiming to reach 25 EH/s by fall 2025. Shares of HIVE Digital soared 2% on pre-market trading on April 21 as the Canadian Bitcoin (BTC) mining company announced the completion of Phase 1 infrastructure at its 100-megawatt facility in Paraguay. In a…
Gold surges to more than $3,390 on April 21 as more investors flock to safe-haven assets amidst economic uncertainty. A boost in gold could signal a similar pattern in crypto, specifically Bitcoin. According to the latest data from Trading Economics, gold has hit a new all-time high amidst global economic volatility. On April 21, gold…
New data shows crypto gambling is booming, with $81.4 billion in gross gaming revenue last year, despite being illegal in most regions. Crypto casinos have experienced explosive growth, with 2024 wagers generating over $81.4 billion in gross gaming revenue, a fivefold increase from 2022, according to YieldSec data reported by the Financial Times. Although crypto…
Japanese investment firm Metaplanet has purchased 330 more Bitcoin, bringing its total holdings to 4,855 BTC. According to the company’s Apr. 21 disclosure, the latest acquisition was made at an average price of ¥12.18 million per Bitcoin (BTC), about $85,605, totaling ¥4.02 billion (~$26 million). Its total Bitcoin stash is now worth ¥62.17 billion ($414 million),…
Bitcoin is currently worth around $83,793.85, marking a 2.47% decline over the past 24 hours, despite still being up 8.39% over the past week. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While Bitcoin’s (BTC) pullback might appear minor in the broader…
Entrepreneur and JAN3 CEO Samson Mow has shared an analysis claiming that Ethereum, XRP, and Solana are overvalued when measured against Bitcoin’s fixed supply model. His argument mainly focuses on reframing altcoin values to combat what he terms “unit bias.” “You can buy one twenty-one millionth of the BTC supply for ~$85,000,” Mow stated on…
El Salvador’s big bet on Bitcoin has hit a snag: nearly all the crypto firms it registered aren’t actually playing by the rules. Nearly 90% of Bitcoin (BTC) service providers registered in El Salvador are not operating, according to a recent report by El Mundo, which cited data from the Central Reserve Bank, showing that…
