Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs. Go to Source
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US to establish Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance. Go to Source
Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’
Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown. Go to Source
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t materialized for El Salvador, the IMF stated that both parties agree on the need for enhanced transparency and measures to ensure fiscal … Read more
Bitcoin Investors Show Confidence Amid Market Dip, Institutional Interest Peaks
During the recent Bitcoin price dip, wallets holding between 1,000 and 10,000 BTC displayed notable confidence, consistently increasing their holdings as the market declined. In contrast, wallets with less than 1 BTC exhibited a lack of conviction, experiencing the most significant reduction in holdings during yesterday’s downturn. Wallets holding between 1,000 and 10,000 BTC demonstrated … Read more
Bitcoin whale txs hit highest levels in 4 months amid crypto dip
Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.” Go to Source
Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to buy more. Saylor views bitcoin as an ideal investment for individuals, families, corporations, and countries. Meanwhile, Microstrategy … Read more
Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’
Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price could soar to “hundreds of thousands of dollars, maybe $1 million.” Arthur Hayes Predicts Aggressive Financial Measures and Soaring Crypto Prices Arthur Hayes, … Read more
Bitcoin’s impending ‘death cross’ might not be ‘so deadly’ for BTC bulls — Analyst
Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it’s nothing to worry about. Go to Source
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an … Read more
