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The report asserts that the dominant cryptocurrency is slowly shifting from being a store of value to being a medium of exchange once again. Bitcoin Adoption Expands: 650 Million People Now Have Access Satoshi created bitcoin (BTC) as “peer-to-peer digital cash,” but over time, the cryptocurrency has morphed into what many call “digital gold,” with … Read more
KULR Technology has expanded its Bitcoin holdings with a fresh $10 million investment, reinforcing its strategy to integrate cryptocurrency as a key treasury asset. KULR Doubles Down With $10M Bitcoin Buy KULR Technology Group Inc. (NYSE American: KULR) announced on Feb. 11 that it has expanded its bitcoin holdings to 610.3 BTC following an additional … Read more
Microstrategy’s bitcoin strategy has generated $1.8 billion in gains for shareholders this year, with holdings reaching 478,740 BTC—cementing its status as the ultimate bitcoin stock. Microstrategy’s Bitcoin Strategy Yields $1.8B for MSTR Investors so far This Year Michael Saylor, executive chairman of Microstrategy Inc. (Nasdaq: MSTR), highlighted the company’s latest bitcoin gains in a Feb. … Read more
Ricardo Salinas, one of the wealthiest men in Mexico, has criticized Europe’s stance on cryptocurrency, comparing it to a museum and a zoo. In a recent interview on Lunaticoin’s podcast, Salinas stated that Europe was a museum because nothing happened there and there was no investment. Salinas also compared it to a zoo that kept … Read more
Over the past 60 minutes, bitcoin’s price has oscillated narrowly between $94,853 and $95,202, reflecting subdued trading activity amid a $1.88 trillion market valuation and $31 billion in daily volume. The asset has fluctuated between $94,898 and $98,467 in the last 24 hours, lingering 12.6% beneath its historic peak recorded 22 days prior. Bitcoin The … Read more
Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities. Gumi Unveils Bitcoin Purchase Plan and Babylon Staking as Part of Web3 Expansion Strategy Gumi, a Tokyo-listed mobile game studio, disclosed the decision following a board … Read more
Cautious market sentiment and a broader pullback in crypto activity appear to be stalling bitcoin’s price over the past 24 hours. Trading Volume Slump Keeps Bitcoin Below $97K Threshold Bitcoin (BTC) is currently trading at $96,985.60, showing a slight 0.48% decline over the past 24 hours and a 3.37% drop over the past week. The … Read more
Bitcoin ETFs saw $186 million in outflows on February 10, while ether ETFs recorded $22 million in withdrawals after a strong run of inflows. Bitcoin and Ether ETFs Experience Notable Outflows The start of the week brought a shift in sentiment for crypto exchange-traded funds (ETFs). On Monday, Feb. 10, bitcoin ETFs recorded a net … Read more
Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase’s CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum. Coinbase CEO Predicts Billions Using Bitcoin by 2030 Brian Armstrong, CEO of Coinbase (Nasdaq: COIN), weighed in on the rapid adoption of bitcoin, responding to a post about cryptocurrency’s growth … Read more
Tesla’s SEC filing reveals 11,509 bitcoin worth $1.119 billion, with a $589 million unrealized gain under new accounting rules, reinforcing its bullish crypto position. Tesla Reports $1.07 Billion in Bitcoin Tesla Inc. filed its annual 10-K report with the U.S. Securities and Exchange Commission (SEC) on Jan. 29 for the fiscal year ended Dec. 31, … Read more
