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This week has seen a surge in positive commentary on Bitcoin, marking the highest level of bullish sentiment from the crypto community since mid-May. The prevailing optimism suggests that many believe a $70,000 Bitcoin price is within reach. 🗣️👍 Commentary has been leaning positive toward Bitcoin this week. In fact, this is the highest level … Read more
The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the Middle East and fears of conflict escalation, leading to a temporary flight to safety. He also noted that anticipated interest … Read more
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2 trillion. Crypto Economy and U.S. Stocks … Read more
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians … Read more
Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining. Go to Source
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up? Go to Source
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the company’s financial strategies. Despite net losses, Microstrategy remains committed to its bitcoin strategy. Microstrategy Expands Bitcoin Holdings Microstrategy Inc. (Nasdaq: MSTR) reported its … Read more
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness. Go to Source
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair value loss on digital assets. MARA Reports Q2 Earnings: Revenue Rises 78% Despite … Read more
The Republican nominee for US president pledged to commute Ross Ulbricht’s sentence, fire SEC Chair Gary Gensler, and have all Bitcoin mined in the United States. Go to Source