Tag: Bitcoin

Micro Strategy buys 5,445 BTC, now holds $4.68 billion worth of Bitcoin

Michael Saylor, co-founder and executive chairman of MicroStrategy and major Bitcoin investor, has announced on X the purchase of another large amount of Bitcoin. MicroStrategy bought 5,445 BTC for $147.3 million, at an average price of $27,053 per coin. This brings their total Bitcoin holdings to approximately 158,245 BTC, which they acquired at an average […]

Crypto analyst says Bitcoin faces plunge of over 43% with a market shrinkage $440 Billion

Crypto analyst Nicholas Merten has raised concerns about a looming market correction in the cryptocurrency market, predicting a substantial shrinkage of $440 billion in its total market capitalization. Merten projects a potential plunge of over 43% for Bitcoin, with the market stabilizing around the $650 billion cap and Bitcoin finding support between $15,000 and $16,000. […]

Paxful CEO says ‘99.9% of Bitcoin influencers are fake’

Ray Youssef, the CEO of Paxful, has made a bold statement on Sunday Night claiming that 99.9% of Bitcoin influencers are fake and would be working in service positions without Bitcoin. Ray quoted: “99.9% of #Bitcoin influencers are fake. Without bitcoin they would be waiting tables.” According to Youssef, even with Bitcoin, these influencers engage […]

Crypto analyst says why Bitcoin will go $200K, if the BlackRock Spot ETF get’s approved

As per Crypto influencer cryptorover there are speculations that if the BlackRock Spot ETF is approved, Bitcoin could reach a price of $200,000 or more.There are several reasons why this approval is seen as likely Additionally, BlackRock has previously introduced a private Bitcoin ETF for institutional investors.And Furthermore, the spot Bitcoin ETFs are already operational […]

Former Goldman Sachs Exec Raoul Pal predicts Solana to Outperform Bitcoin

Former Goldman Sachs executive macro guru Raoul Pal is optimistic about the cryptocurrency market, referring to the current phase as “crypto spring” and expecting a forthcoming “macro spring.” “We are in ‘crypto spring’ right now, about to enter macro spring,” he said. Speaking on Thursday at Mainnet 2023, Pal stated that he believes Ethereum is […]

Editor’s Wrap: NFTs Aren’t Dead Just Yet

🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Binance CEO CZ and Exchange File Motion to Dismiss SEC Lawsuit  2️⃣ Crypto Traders Are Yelling at Each Other on Elon Musk’s […]

Bitcoin is at ‘800-Pound Gorilla’ downside risk, warns Bloomberg analyst Mike McGlone

Bloomberg analyst Mike McGlone warns on Thursday that Bitcoin is at risk of significant downside, facing pressure from rising interest rates and a potential drop below $25,000. “The key thing is 800-pound gorilla… the Federal Reserve is still tightening. So I think this process of reversion is in place.” McGlone believes that the tightening monetary […]

Pro-Bitcoin candidate Javier Milei takes commanding lead in Argentina’s election poll

According to an Argentinian survey done by Perfil Argentine presidential candidate Javier Milei, known for his pro-Bitcoin stance, is dominating the polls ahead of the country’s upcoming national election. Milei maintains a commanding lead with a 31% to 34% advantage over his closest rivals, positioning him ahead by more than five points. Many of Milei’s supporters cite […]

Presidential candidate Vivek Ramaswamy promises crypto regulations by Thanksgiving

Presidential candidate Vivek Ramaswamy has announced his plans on Wednesday to release a comprehensive crypto policy framework by Thanksgiving. Speaking at the Messari Mainnet crypto conference, Ramaswamy criticized regulatory agencies, calling them an “unconstitutional fourth branch of government” and a “cancer at the heart of our federal government.” Messari CEO Ryan Selkis, who has seen […]