Why Crypto-Related Stock Bakkt Is Falling
Bakkt Holdings Inc (NYSE:BKKT) shares are trading lower by 34% to $0.67 during Thursday’s session after the company announced two securities purchase agreements. In the first agreement, Bakkt will sell 46,136,102 shares of its Class A common stock at $0.8670…
‘Crazy Stuff’: Daredevil Investor Goes Into Debt By Maxing Out 8 Credit Cards To Buy Bitcoin
A pseudonymous cryptocurrency investor going by the name Sunny Po on X went posted about a “90-day update” on a strategy to take out credit card debt to buy Bitcoin (CRYPTO: BTC). What Happened: Po’s post on how he is…
Pro-Bitcoin President Nayib Bukele Trolls ‘Gold Bug’ Peter Schiff As El Salvador’s BTC Profit Soars 40%: ‘Cry Harder’
El Salvador’s President Nayib Bukele on Wednesday took a jab at Bitcoin (CRYPTO: BTC) vocal opponent Peter Schiff. What Happened: Bukele said El Salvador would not sell its Bitcoin holdings despite being up over 40% from its purchases. He took…
Elizabeth Warren Takes A Fresh Jab At Crypto Industry, Asks Why It Needs ‘Space For Drug Traffickers, Human Traffickers And…Terrorists’
Sen. Elizabeth Warren (D-Mass.) took a jab at the cryptocurrency industry, asking why the industry seems to say that the only way it can survive is if there’s “plenty of space for the drug traffickers and human traffickers.” What Happened:…
Republican senators say CBDCs “will infringe on your freedom“ Why?
Republican senators rally against CBDCs, opposing its centralized nature. Amidst all this, can Bitcoin emerge as a viable alternative form?
Bitcoin hits $64,000 before sharply retreating as Coinbase crashes
Bitcoin price hit highs of $64,100 on Coinbase, surging double-digits. BTC however fell sharply as Coinbase users reported issues with account balances. Coinbase CEO Brian Armstrong noted the exchange had recorded a spike in traffic. Bitcoin price crossed the $64,000…
Bitcoin Hits $60K; MicroStrategy Stock Soars on Bitcoin Buy
The price of bitcoin continues to surge higher, blasting past $60,000 per token on Wednesday, up some 5.5% as midday … Read more
Cathie Wood’s Ark Invest Dumps $17M In Coinbase Shares As The Exchange Grappled With Disruption Amid Bitcoin Rally
On Wednesday, Cathie Wood-led Ark Invest made a significant move by selling over $17 million worth of Coinbase Global Inc (NASDAQ:COIN) shares. This decision came as the cryptocurrency exchange faced technical difficulties, a situation unfolding amid the soaring valuations of…
Bitcoin blasts through $63,000; experts predict meteoric rise
By Vivek Kumar Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products. This rally, witnessing a remarkable 42% increase this month, is…
Big-Time Bitcoin Bull Michael Saylor Encourages Followers To Keep Stacking Coins But ‘Stay Humble’
Published by Benzinga Michael Saylor, CEO of MicroStrategy Inc. (NASDAQ:MSTR), posted a message on X, formerly Twitter, on Wednesday, encouraging Bitcoin (CRYPTO: BTC) holders to “Stay Humble. Stack Sats.” What Happened: In the brief tweet, Saylor seemed to advocate for…