A recent SEC filing revealed that BlackRock increased its stake in Strategy (formerly MicroStrategy) to 5%, equivalent to approximately 11.2 million shares. Strategy’s frequent Bitcoin acquisitions have made it a go-to option for institutional players […]
BlackRock – the world’s largest asset manager, is gearing up to launch a Bitcoin-linked exchange-traded product (ETP) in Europe. This marks its first foray into the European crypto market. The fund is expected to be […]
El Salvador’s transformation from a nation that was skeptical of cryptocurrency to one that is the staunchest advocate for Bitcoin has been nothing short of extraordinary. Paper profits exceed $167 million, and the Central American […]
Michael Saylor just announced that MicroStrategy has rebranded to Strategy. As part of the rebrand, it incorporated the Bitcoin symbol into its official logo. The firm also released its Q4 2024 Financial Results, claiming that […]
According to blockchain analytics firm Glassnode, Bitcoin’s latest market cycle is exhibiting “atypical” characteristics. The firm highlights that Bitcoin (BTC) has matured into a global asset with deep liquidity, allowing investors to trade at all […]
El Salvador has expanded its Bitcoin reserves by purchasing an additional 11 BTC on February 4. The move is part of President Nayib Bukele’s ongoing strategy to accumulate the cryptocurrency, particularly during market downturns. Bitcoin […]
People have always doubted Bitcoin, but when a Nobel Prize-winning economist said it will eventually fail, many paid attention. Eugene Fama, known as the “father of modern finance,” thinks that Bitcoin will eventually be worth […]
Crypto markets are closely monitoring key US economic data this week to assess the health of the nation’s economy. As February commences, critical labor market reports — closely watched by the Federal Reserve—are on the […]
The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump’s new wave of tariffs. Investors are now on […]
Bitcoin has dropped below the $100,000 threshold as the broader crypto market experiences heightened volatility. This downturn coincides with a significant decline in transaction activity on the Bitcoin network, bringing memory pool (mempool) volume to […]
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