US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020. Go to Source
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Crypto market enters ‘extreme fear’ as analysts warn of Bitcoin below $50K
Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows. Go to Source
Bitcoin set for sub $50K correction in September: Analysts
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs. Go to Source
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. Go to Source
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs. Go to Source
Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend
Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes calling that it could drop again. Go to Source
Bitcoin Faces Downward Pressure As Short-Term Holders Remain Underwater
The Bitcoin market has continued to face downward pressure over the past few months, despite the fact that the average Bitcoin investor is still in profit. However, short-term holders remain significantly underwater on their investments, posing a potential risk to the market in the near term. The #Bitcoin market continues to experience downwards pressure over … Read more
FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket
The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in the first half of 2024. These scams often involve impersonations and target vulnerable populations, such as older adults, with significant financial impact. FTC Warns of … Read more
Blockstream Mining issues hashrate-backed security token in fundraise
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding. Go to Source
Fractal Bitcoin: good or bad for mining revenues?
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated. Go to Source