On Sept. 16, MicroStrategy founder Michael Saylor announced that the firm was planning its third debt offering this year, aiming to raise $700 million by issuing convertible senior notes. The figure is the aggregate principal […]
Bitcoin’s technical analysis is setting up the stage for an explosive move above $150,000. The cryptocurrency’s current price action is flashing various patterns on the price charts, most of them bullish. Furthermore, these patterns are […]
The closure of a Bitcoin mining operation in Hadsel, Norway, could reportedly lead to an estimated 20% increase in household electricity costs. According to a report by the Norwegian Broadcasting Corporation (NRK), the Stokmarknes Datasenter […]
The price of bitcoin (BTC) has entered a bearish phase, stemming from the asset’s constant decline and range-bound movement. As a result, the largest cryptocurrency has decoupled from gold. According to CryptoQuant analysts, bitcoin’s price […]
Bitcoin is at a pivotal moment after enduring weeks of aggressive corrections and underwhelming price action. Currently testing the crucial psychological level at $60,000, the cryptocurrency faces a critical phase where investor sentiment is shifting […]
MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commission (SEC) confirmed this purchase. […]
Over the past two to three days, positive sentiment across the Bitcoin market suddenly surged to a level not seen in more than a year. While this may seem like a bullish sign, analysts have […]
Six-time NBA champion Scottie Pippen is again hogging the headlines, this time for being very bullish on Bitcoin. On Wednesday, the Chicago Bulls star Pippen took to his more-than-674,400 X (previously Twitter) followers and said: […]
Analysts have raised Bitcoin’s price target to $112,000 following a spike in exchange-traded fund (ETF) inflows. This increased activity suggests bullish sentiment among institutional investors, potentially driving the cryptocurrency to new highs. Bitcoin ETF Inflows […]
The largest US-based crypto trading platform announced that its Wrapped Bitcoin product (cbBTC) has gone live on two blockchains – Base and Ethereum. This comes months after the company integrated the Lightning Network for BTC […]
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