Cryptocurrency

Michael Saylor’s decision back in 2020 to start buying Bitcoin has paid off in spades this year for the co-founder and executive chairman of MicroStrategy Inc. Saylor has garnered an estimated $400 million or so from pre-planned daily sales of about 5,000 shares of the enterprise software company from January through last week, based on […]

Hong Kong’s six new bitcoin and ether exchange-traded funds recorded a trading volume of around HK$49.4 million ($6.3 million) during the morning session on their first trading day on Tuesday, according to data from the Hong Kong Stock Exchange. Data from the HKEX showed that China Asset Management’s “ChinaAMC Bitcoin ETF” led in trading volume, […]

Several Bitcoin developers are furious at a fellow Bitcoiner who admitted to “griefing” one of Bitcoin’s testnets by generating three years worth of blocks in a single week — forcing some developers to halt the applications they were testing. “Whoever has been fucking with testnest is a douchebag looser,” said Francis Pouliot, a founder at noncustodial Bitcoin […]

Crypto markets are in the red amid renewed fears of U.S. stagflation, a worst-case scenario for risk assets. Bitcoin (BTC), the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis, according to CoinDesk Indices data. Ether (ETH) traded 3% lower at $3,200, and the CoinDesk 20 (CD20), a measure of the most liquid digital assets, was […]

There’s a very slight chance that Bitcoin (BTC) has already reached its peak this cycle at the $70,000 mark, at least, based on the “exponential decay” pattern floated by veteran trader Peter Brandt. Of course, many other price models and predictors suggest the cryptocurrency is still far from its cycle peak — and could instead top […]

A single Bitcoin miner has defied the odds by solving a Bitcoin block alone, netting them the full 3.125 Bitcoin block reward. On April 28, software engineer and administrator from the solo mining pool ckpool, Con Kolivas, posted to X that a miner had solved the 282nd solo block in Bitcoin’s history. He added that […]

Bitcoin printed a bull flag on the daily chart, a technical chart pattern associated with strong upward momentum for the asset. Could it signal the start of the post-halving bull run? Bitcoin bull flag suggests more upward momentum — Analyst Bitcoin printed a bull flag pattern on the daily chart on April 26, according to […]

Bitcoin’s fourth halving has passed, setting the stage for a new era. In the dynamic realm of cryptocurrencies, few events command as much attention and potential impact as Bitcoin‘s (BTC 0.87%) halving. On April 19, Bitcoin experienced its fourth halving, marking a pivotal moment in its journey. While past performance doesn’t always predict future results, a closer examination of […]

In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […]

Bitcoin’s (BTC) price continues to coil in post-halving trading as the past 24 hours have seen the top crypto trade in a narrowing range between $63,520 and $65,285 while traders await the next market-moving catalyst. BTC/USD Chart by TradingView The sideways price action comes as the U.S.-listed spot Bitcoin ETFs continue to record outflows. Fidelity’s […]