Bitcoin (BTC)

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

On August 1, MicroStrategy founder Michael Saylor announced that in July, the firm acquired an additional 169 BTC for $11.4 million and now holds a total of 226,500 BTC. The company continues to focus on its bitcoin acquisition strategy. However, it faced significant impairment losses due to BTC price fluctuations, resulting in a second consecutive quarterly loss. The world’s largest corporate holder of BTC now has $14.6 billion worth at current spot prices, and it wants...

The Trump Sneakers website, an online store he declared fully owned in his 2023 financial disclosure, listed Bitcoin-themed high-top and low-top shoes right after he concluded his speech at BTC 2024. These sneakers cost as much as $499. Resellers have already flooded secondary markets like eBay with it, listing it for as much as five times the original price. Some were seen with an asking price of $2,500. If people are shelling out that amount is yet to be known. Nevertheless, the most...

Pro-crypto Wyoming Senator Cynthia Lummis unveiled her Bitcoin bill on July 31, labeling it “our Louisiana Purchase moment.” The proposed ‘Bitcoin Act’ aims to add 1 million BTC, worth around $64 billion at current prices, to U.S. government holdings over five years. The legislation aims to establish a strategic Bitcoin reserve and other programs: “To ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources...

Four men in Ukraine were arrested for murdering a 29-year-old foreign national after stealing their bitcoin on midnight, July 29. The Ukrainian Police stated that the men, ranging in age between 24 and 29, walked away with around 2.55 bitcoin worth 7 million Ukrainian hryvnias, around $170,000, after launching their assault. A translated version of the statement about the arrests read, “Four men aged 24 to 29 carefully prepared a plan to kidnap the victim. Having seized the latter’s money,...

Following the Bitcoin2024 conference, Bitwise CIO Matt Hougan has issued a bold call to crypto investors, urging them to rethink BTC’s potential upside. According to Hougan, the market is “not bullish enough” about the flagship cryptocurrency, and recent developments at the conference have highlighted a shift that could impact Bitcoin’s future value. Political Figures Support Bitcoin at Bitcoin2024 Conference As the cryptocurrency market deals with volatility and regulatory...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Mt. Gox has refunded about 41.5% of the bitcoin it owed to creditors who lost their funds. However, selling activity in the market remains minimal. That has taken the entire community by surprise. With the repayments occurring over a year after the defunct exchange shut its doors for good, creditors were expected to sell their assets once they received them. BTC has since seen an 8,500% increase in its price. A Glassnode report showed how creditors are holding the funds reimbursed by Mt....

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

US ETH ETFs finally broke their streak of four-day losses, recording inflows on Tuesday. They brought in collective net inflows of $33.67 million, marking only the second day of net inflows since launch. The first time was the day they debuted. BlackRock’s ETHA drew $117.98 million, Fidelity’s FETH $16.36 million, Franklin Templeton’s EZET $3.73 million, and Bitwise’s ETHW $3.52 million. Grayscale’s Mini Ethereum Trust (ETH) saw $12.36 million flowing in, while its Ethereum Trust (ETHE)...