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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
BTC price weakness spoils a rebound from local lows as Bitcoin institutions waste no time continuing to increase exposure. Go to Source
Bitcoin mining companies have collectively raised an impressive $5.2 billion through convertible notes in recent months. Convertible Notes Remain a Key Funding Vehicle for Bitcoin Miners Bitcoin mining companies have turned to convertible notes in a bid to raise funding to acquire bitcoin and improve mining facilities. A report by The Minermag showed that since … Read more
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets. Go to Source
Following discussions about Google’s latest quantum computing chip, speculation is rife that Bitcoin’s days are numbered and its cryptography is at risk of being compromised. Google’s Willow Chip Launches Heated Bitcoin Discussions On Monday, the CEO of Google and its parent company, Alphabet Inc., Sundar Pichai shared an X thread introducing Willow, a cutting-edge quantum … Read more
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course. Go to Source
Eric Trump predicted governments and institutions will adopt Bitcoin, highlighting that the early movers are set to win. Go to Source
BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model. Go to Source
Quantum computing raises concerns over the security of Satoshi Nakamoto’s 1 million Bitcoin, sparking debates on freezing vulnerable holdings to safeguard the network’s future. Go to Source
Bitcoin and crypto liquidations pile up amid “unusual” conditions which began with Coinbase traders offloading BTC. Go to Source