Bitcoin (BTC)

Crypto investors are buzzing about 99Bitcoins Token, and with just three days left in its presale, everyone’s trying to get in on the action. This Learn-to-Earn project has already raised over $2.5 million. By turning crypto education into actual rewards, the 99Bitcoins Token (99BTC) developers are looking to empower more people to understand and learn about blockchain topics. Earn as You Learn with 99Bitcoins Token 99Bitcoins is shaking up how we learn with its new...

Bitcoin (BTC) could be seeing less selling pressure from miners in the near term due to an increase in the profitability of this cohort of market participants and the recovery of their hashrate following the cryptocurrency’s rally to the $69,000 range. According to a CryptoQuant report, the Bitcoin network hashrate recovered while BTC had its latest rally. The metric’s drawdown from its all-time high is now 3%, compared to 8% on July 9. Bitcoin Network Hashrate Recovers On...

The economic uncertainty in the US pushed bitcoin’s price south hard in the past day or so, and the asset plunged to $60,500 for the first time in almost three weeks. The altcoins are in an even worse state, with SOL, TON, and UNI plummeting by over 5% in the past day. ETH has slipped below $3,000. BTC Sees 3-Week Low The start of the business week couldn’t have foreseen what transpired just several days later. The asset soared to $70,000 on Monday after Donald Trump’s...

TL;DR Adopting BTC as a legal tender in the US would enhance its legitimacy and attract substantial investment, potentially boosting the price. This move could lead to market volatility with sharp movements due to speculative buying and unpredictable investor reactions. What if the US Embrace BTC? The United States will soon have a new President, with the elections scheduled for November this year. Those going to the ballot boxes will have to pick from the Democratic nominee...

Marathon Digital (MARA) saw its shares drop over 8% in after-hours trading on Thursday following a second-quarter revenue report that fell short of Wall Street’s forecasts. However, the stock has since recovered some of these losses. Marathon Digital Sees a Revenue Miss Marathon Digital reported second-quarter revenue of $145.1 million, falling short of Wall Street’s forecast of $157.9 million, approximately 9% lower. The company attributed the revenue miss to operational...

MicroStrategy, the world’s largest public Bitcoin holder, has announced plans to raise up to $2 billion through the sale of its class A shares. The company made this revelation in a regulatory filing with the U.S. Securities and Exchange Commission on August 1. Details From the Filing MicroStrategy has not disclosed the specific timeline for the sale of its class A shares. However, the company stated in its filing that the funds raised would be allocated for “general...

Marathon Digital (MARA) observed declining stock price as it did not meet Wall Street’s profit expectations. The price fell as much as 8% on Thursday with the announcement of its second-quarter revenues. It reported $145.1 million, falling short of the $157.9 million estimate. Marathon faced numerous obstacles, including operational ones that hampered its ability to mine at its usual capacity and the reduced mining rewards caused by April’s halving event. In a statement, Marathon CEO Fred...

The volatility in the cryptocurrency industry continues, with the leading digital asset plummeting from $65,600 to $62,300 for the second time in the past day or so. The main driver behind the latest price plunge could be attributed to the developments on US soil, as the jobs data was weaker than expected, and the stock market crashed. JUST IN: Over $2.9 trillion has been wiped out from major indices and stocks this morning due to growing fears of a global recession. This is...

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Bitcoin continues to grab the world’s attention and increase its adoption levels, especially through the exchange-traded funds tracking its performance. In the latest major news on the ETF frontline, Morgan Stanley reportedly informed its financial advisors that they will be able to offer two Bitcoin ETFs to wealthy clients. Recall that the US Securities and Exchange Commission greenlighted 11 spot Bitcoin ETFs at the start of the year. Since then, the products have...