Bitcoin: How whales are helping BTC stay above $70K
What Happened: Bitcoin surged to an all-time high, soaring past $72,000 on Monday. As a result, Bitcoin’s valuation skyrocketed to $1.42 trillion, surpassing that of silver, which stands at $1.387 trillion, as reported by CompaniesMarketCap. Last week saw substantial growth…
Bitcoin, Ethereum, Dogecoin Surge, Crypto Market Cap Hits $2.5T While MicroStrategy Loads Up On BTC: Analyst Predicts A ‘Full-Blown Parabolic’ Movement Could Send King Crypto Towards $170K
Major cryptocurrencies rallied on Monday evening propelled by Bitcoin’s continued ascent in the ranks of top assets by market cap. Bitcoin surpassed silver to claim the title of the world’s eighth most valuable property. What Happened: Bitcoin surged to an…
$47M lost to crypto phishing scams in February as victims increase
Impersonated accounts on X (formerly Twitter) have been blamed for the majority of cryptocurrency phishing attacks last month, with victims losing almost $47m. Anti-fraud specialist Scam Sniffer claimed in its monthly Scam Sniffer Phishing Report that cybercriminals stole nearly $46.9m from just…
Edward Snowden Tears Apart JPMorgan CEO Jamie Dimon’s ‘I Won’t Ever Personally Buy A Bitcoin’ Stance: ‘His Gigantic Firm Will Be Buying’
Edward Snowden, the former National Security Agency contractor, took a jab at Jamie Dimon, CEO of JPMorgan Chase & Co, over his stance on Bitcoin (CRYPTO: BTC), as the cryptocurrency hits all-time highs. What Happened: Snowden’s post on X, formerly…
Billionaires sell TradFi stocks: What’s going on?
Some people see the S&P 500 index reach new heights and worry they’re missing out while others worry there’s a crash around the corner. Whichever camp you’re in, buying more dividend-paying stocks is probably the surest way to build a…
MicroStrategy Raises $800M, Buys More Bitcoin Amid Sizzling Rally: What Investors Need To Know (CORRECTED)
Editor’s Note: This article has been updated to clarify that MicroStrategy has already used the $800M raised to buy more Bitcoin. Michael Saylor-led MicroStrategy Inc. (NASDAQ:MSTR) said it has raised $800 million by selling convertible notes — essentially special loans…
‘Bitcoin will be the biggest…’: Cathie Wood predicts this for BTC by 2030
ARK Invest CEO Cathie Wood said on CNBC Thursday that bitcoin (BTC), the world’s largest cryptocurrency by market value, could reach $1,500,000 in price by 2030 in a bullish scenario, raising her estimate by 50% from a previous prediction of $1 million. “We…
Bitcoin crosses $70K for new ATH – Is $100K next to fall?
The historic hike caused a 3.87% spike in Open Interest (OI) BTC’s demand was approximately five times greater than supply at press time The world’s largest cryptocurrency, Bitcoin [BTC] shattered the $70K-level in style, days after bettering its previous all-time high (ATH)….
Michael Saylor Sees Zero Catalysts That Could Bring Bitcoin Prices Down: ‘We’re Just Waiting For The Rest Of The World To Realize’
MicroStrategy Inc (NASDAQ:MSTR) recently spent more than $800 million buying an additional 12,000 Bitcoin (CRYPTO: BTC). Monday on CNBC’s “Squawk Box,” Executive Chair Michael Saylor explained why MicroStrategy is so bullish on bitcoin. What To Know: MicroStrategy announced a new…
Bitcoin network fees doubles as BTC closes in on $70K
Total network fees rose by over 100% in the past week. Ordinals transactions contributed over $3 million in fees. Bitcoin [BTC] has experienced an upward trend in the past week, and an increase in transaction fees has mirrored this surge. However,…