Michael Saylor’s big bet on Bitcoin was supposed to be his downfall. Instead, it has helped him reap a huge windfall from his holdings in the cryptocurrency and in MicroStrategy stock. So far this year, the billionaire executive chairman of MicroStrategy has made $370 million by selling hundreds of thousands Read more…
Binance is unveiling a new “megadrop” token launch platform with Bitcoin (BTC) “restaking” chain BounceBit (BB) as its first project. In a new announcement, the world’s largest crypto exchange platform by volume says that the Binance Megadrop is a new platform that integrates both Binance Simple Earn and Binance’s Web3 Read more…
Concern about the rapidly rising US government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country’s fiscal path, market observers say.The US budget deficit widened to $1.7 trillion in fiscal year 2023 and is on Read more…
BTC might hike to $67,269 in the first phase of the projected upswing The liquidation levels showed a bearish bias that may soon be invalidated Things might have changed for Bitcoin [BTC] after the completion of its 4th halving. However, in terms of its price, the more things change, more Read more…
Bitcoin ETFs are expected to increase in terms of holdings by wealth management firms, according to Bitwise CEO Hunter Horsley. The prediction comes at a time when Bitcoin ETFs are expected to gain even more traction after the halving. Horsley’s prediction also coincides with a larger market belief of rising Read more…
Grayscale has proposed that the fees for its Mini Bitcoin ETF will be about ten times lower than GBTC fees, but analysts have doubts.