MicroStrategy CEO Michael Saylor recently argued that the long-term prospects of Bitcoin (BTC) remain intact, regardless of whatever occurs in the near term. Saylor noted that Bitcoin’s near-term volatility is irrelevant considering the fundamentals backing the leading cryptocurrency. Speaking at an interview with The Block last week, the MicroStrategy boss noted: “Bitcoin is the most […]
Bitcoin (BTC) suffered a 5.5% 24-hour slump on Thursday, erasing every gain accrued since Monday. This slump came as investors braced for additional monetary tightening by the US Federal Reserve. The benchmark cryptocurrency tapped the $29,300 low from the $32,000 top yesterday but has since rebounded towards the $30,000 mark. As mentioned earlier, the slump […]
Bitcoin (BTC) continues to battle with an aggressive bearish sentiment, as the benchmark cryptocurrency refreshed its $29,000 low in the Asian session yesterday. On-chain analytics provider Glassnode recently published a report that shows that BTC has traded lower for eight consecutive weeks so far, labeling it the longest “continuous string of red weekly candles in […]
The cryptocurrency market suffered another bearish blow in the last 24 hours, as Bitcoin (BTC) dropped below the $29,000 low again and Ethereum below the $2,000 mark. The renewed bearish sentiment comes amid a sharp decline in the stock market, as stock indexes fall to yearly lows. Wall Street suffered a negative trading session yesterday, […]
Des rapports récents montrent que la Chine représente 21 % de la production mondiale totale de puissance de hachage Bitcoin (BTC), malgré l’interdiction totale des opérations de cryptomonnaie dans le pays l’année dernière. Le rapport du Cambridge Bitcoin Electricity Consumption Index (CBECI) a révélé que la Chine était le deuxième plus grand fournisseur d'énergie de hachage Bitcoin en janvier de cette année après […]
Malgré la vente effrénée de Bitcoin (BTC) enregistrée ces derniers jours, El Salvador a ajouté davantage de BTC à ses réserves « à rabais ». Le président salvadorien Nayib Bukele a annoncé hier via Twitter que son pays avait acheté 500 BTC supplémentaires. Il a tweeté : « Le Salvador vient d’acheter la trempette ! 500 pièces à […]
As the cryptocurrency market and most of the equities market continues to plummet, the Bitcoin (BTC) Fear and Greed Index has slumped to alarmingly low levels. At press time, the Index has dropped to levels not seen since January, when the benchmark cryptocurrency traded at around $33,000. So far, May has not turned out to […]
Bitcoin (BTC) a enregistré une forte hausse après une séquence de baisse grâce à l'annonce de la décision de la Fed américaine sur les taux d'intérêt. La crypto-monnaie de référence a atteint le sommet de 40,000 28 $ pour la première fois depuis le 5.7 avril. Comme prévu, le marché dans son ensemble a réagi de la même manière à la nouvelle, puisque la capitalisation boursière totale a ajouté XNUMX % à sa valeur hier. […]
Top executives in the cryptocurrency space have written to the US Environmental Protection Agency (EPA) to address falsities and preconceived notions surrounding Bitcoin (BTC) mining. Not surprisingly, the letter was authored by MicroStrategy CEO Michael Saylor, along with Castle Island Ventures partner Nic Carter and Core Scientific co-founder Darin Feinstein. This address comes after some […]
