Bitcoin

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Bitcoin Hits $104K Before Dipping To $90K As Long-Term Holders Reignite Volatility

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Bitcoin’s recent surge to an all-time high of $104,000 awakened long-term holders, who added selling pressure that briefly pulled prices back to $90,000. With dormant BTC re-entering the market, heightened volatility is expected to persist. https://twitter.com/kyledoops/status/1866082880344199247?t=Fc3q1pkNEddgcLEgOZojxg&s=19 In the options market, traders are recalibrating following Bitcoin’s climb past $100K. Options Open Interest (OI) rose to $37.3 … Read more

El Salvador Discovers $3 Trillion Gold — Will It All Go Into Bitcoin?

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El Salvador’s potential $3 trillion gold discovery has sparked debates over mining bans, sustainability, and the possibility of increased bitcoin investments, potentially reshaping the nation’s future. El Salvador’s $3T Gold Discovery Sparks Calls to Monetize Gold for Bitcoin Salvadoran President Nayib Bukele has highlighted the potential of El Salvador’s untapped gold reserves, estimating their value … Read more

Peter Brandt’s Bitcoin Outlook: From $0 to $1M—The Dual Narrative Explained

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Veteran trader Peter Brandt calls bitcoin a “store of value” or “worthless,” emphasizing adaptability in projections while dismissing price targets as “mostly worthless” talking points. Peter Brandt’s Binary Bitcoin Playbook: Risk, Reward, and Radical Projections Veteran trader Peter Brandt has outlined his dynamic approach to bitcoin, reflecting on its potential future while emphasizing flexibility in … Read more

Microsoft Votes No on Bitcoin Reserves: Michael Saylor’s Pitch Fails to Convince

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Microsoft shareholders rejected a push to adopt bitcoin as a strategic reserve, dismissing claims it could add trillions in market value and mitigate shareholder risks. Microsoft Rejects Bitcoin Investment: What It Means for Shareholders Microsoft’s shareholders have voted against a proposal to include bitcoin in the company’s financial reserves, following guidance from the board of … Read more

Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi

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Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer Machines The fresh lineup, unveiled in a press release shared with theminermag.com, features the air-cooled M60S++, the hydro-cooled M63S++, and … Read more

Bitcoin Plunges 3,000 Points, Recovers to 98K: QCP Predicts Stability Ahead

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The crypto economy experienced a dramatic $1.5 billion in long liquidations, resulting in a 3,000-point drop before finding support at the critical 95,000 level, according to analysts at QCP Capital. Institutional Demand Rises: QCP Questions If Market Can Stay on the Sidelines The leading cryptocurrency, bitcoin (BTC), has since recovered, consolidating in the 97,000 to … Read more