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 […]
Is-suq tal-kripto-munita sofra daqqa bearish oħra fl-aħħar 24 siegħa, hekk kif Bitcoin (BTC) waqa 'taħt il-baxx ta' $ 29,000 għal darb'oħra u Ethereum taħt il-marka ta '$ 2,000. Is-sentiment bearish imġedded ġej fost tnaqqis qawwi fl-istokk tas-suq, hekk kif l-indiċi tal-ishma jaqgħu għall-inqas livelli annwali. Wall Street sofra sessjoni ta’ kummerċ negattiv ilbieraħ, […]
Recent reports show that China accounts for 21% of the total global Bitcoin (BTC) hash power output despite an all-out ban on cryptocurrency operations in the country last year. The report from the Cambridge Bitcoin Electricity Consumption Index (CBECI) revealed that China was the second-largest Bitcoin hash power provider as of January this year after […]
Minkejja l-bejgħ frenetiku rreġistrat f'Bitcoin (BTC) fl-aħħar jiem, El Salvador żied aktar BTC mar-riżervi tiegħu "bi skont." Il-President ta 'El Salvador Nayib Bukele ħabbar permezz ta' Twitter ilbieraħ li pajjiżu kien xtara 500 BTC addizzjonali. Huwa tweeted: “El Salvador għadu kif xtara d-dip! 500 munita bi […]
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) recorded a surge after a streak of downward momentum courtesy of the US Fed interest rate decision announcement. The benchmark cryptocurrency tapped the $40,000 top for the first time since April 28. As expected, the broader market reacted similarly to the news, as the total market cap added 5.7% to its value yesterday. […]
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 […]
