Tag Archives: BTCGBP

Medical diagnostics company Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. Alongside its third-quarter results, the company revealed that its bitcoin holdings have reached 1,058. This stash is worth around $80 million in total purchases as of November 8th due to recent price appreciation. “Laser Focused” on Bitcoin Semler Scientific posted $13.5 million in revenue for Q3, a 17% decrease....

Although crypto investors are still on the sidelines due to the just-concluded United States presidential elections, CryptoQuant analysts say Bitcoin is showing strong fundamentals and follows a bullish pattern seen in previous U.S. elections. According to a weekly report, one positive fundamental from a valuation perspective is that BTC is currently fairly valued and not overvalued. This means that a positive catalyst stemming from the elections could trigger a major rally...

After surging by more than 15% within a week, as well as breaking its March all-time high and charting several news ones, the latest at almost $80,000, bitcoin has become the focus of massive price predictions once again. While some come from questionable and unknown analysts and sources, one of the original bull cases – the stock-to-flow model developed by PlanB – indicates a rather impressive price of $500,000 per BTC as the asset seems “ready to take off” now. After the...

It feels like a bull cycle once again as bitcoin’s price continues to chart new all-time highs almost daily, with the latest coming hours ago at just shy of $80,000. The altseason seems to be kicking off as well, with multiple alternative coins registering double-digit price surges over the past day. BTC’s New and Latest Peak It’s safe to say that the cryptocurrency landscape has become entirely different after Donald Trump’s win in the 2024 US presidential elections. Recall...

In the first FOMC meeting after the November US presidential elections, the nation’s central bank cut the interest rates by 25 basis points, which was what the market and experts anticipated. Bitcoin’s price, which is typically very susceptible to US-related news, was already at all-time high levels of just shy of $77,000 and remained relatively still. It has been a big week for the world’s largest economy as the nation elected a new president on Tuesday, who presents an...

Wyoming Senator Cynthia Lummis has reiterated her commitment to establishing a strategic Bitcoin (BTC) reserve for the United States. The lawmaker, known for her strong pro-crypto stance, highlighted these plans following the recent Republican victories in the Senate, more so of largely digital asset-friendly legislators. Senator to Move Forward With Strategic BTC Reserve Bill In a November 6 post on X, Lummis confidently declared, “We are going to build a strategic Bitcoin...

TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year’s hottest topics. The latest results show that the 47th president of the country will be Republican Donald Trump, who secured vital victories in swing states like...

Bitcoin smashed its previous record to briefly surge past a new peak of $75,000 as Donald Trump is all set to become the 47th President of the United States. Amidst what is being considered a massive victory for the crypto industry, the Coinbase Premium Index experienced a positive spike, indicating a potential surge in demand for Bitcoin in the US. Coinbase Premium Index Spikes The “Coinbase Premium Index” tracks the price difference between Bitcoin on Coinbase – an exchange...

Throughout his election campaign, the new United States President, Donald Trump, remained vocal about his pro-crypto stance and made several promises regarding the development of the nascent industry. CryptoPotato has compiled a list of Trump’s declared promises, including pledges geared towards fostering innovation in the United States and continuing growth of the digital asset industry. Trump’s Promises Regarding Crypto Trump said he would commute the prison sentence of...

The State of Michigan Retirement System (SMRS) has significantly increased its Ethereum (ETH) holdings, raising its investment to $10 million and surpassing its Bitcoin (BTC) allocation. This move makes Michigan the first U.S. state pension fund to invest in an Ethereum-based exchange-traded fund (ETF). Michigan Pension Fund’s Crypto Portfolio SMRS, which boasts more than $13 billion in assets, began exploring cryptocurrency earlier this year as part of a broader...