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Bitcoin is poised for a potential recovery rally in January 2025, but low trading volumes could pose a significant challenge to surpassing the $105,000 level. After hitting an all-time high of $108,300…
The Bitcoin network recorded a remarkable $19 trillion in transactions in 2024, more than doubling the $8.7 trillion settled in 2023. This achievement reversed a two-year decline in transaction volume, reinforcing Bitcoin’s…
MicroStrategy, the leading corporate Bitcoin holder, is considering raising up to $2 billion through a perpetual preferred stock offering to expand its Bitcoin reserves. This plan builds upon the company’s aggressive Bitcoin…
BlackRock’s iShares Bitcoin Trust (IBIT) experienced its largest single-day outflow since its launch, as trading in the United States resumed on January 2. Largest Outflow in IBIT’s History On January 2, BlackRock’s…
A new initiative is underway in Switzerland to amend the nation’s constitution and require the Swiss National Bank (SNB) to hold Bitcoin as part of its monetary reserves. The proposal, officially registered…
MicroStrategy, the business intelligence firm and major Bitcoin investor, has continued its aggressive cryptocurrency purchasing strategy. The company announced it acquired 2,138 BTC for $209 million, bringing its total holdings to 446,400…
Australia has experienced continuous monthly growth in Bitcoin ATMs for over two years, placing the country on track to surpass Europe in total Bitcoin ATMs. According to data from Coin ATM Radar,…
El Salvador has officially joined the ranks of countries holding over 6,000 Bitcoin (BTC), solidifying its position as a pioneer in adopting cryptocurrency as a national asset. The nation, led by President…
Bitcoin showed remarkable resilience during the year’s final options expiry on December 27, overcoming fears of a drop below $85,000. Instead, BTC peaked at $97,330 just one hour after the $14.2 billion…
A recent report from Galaxy Digital’s research division predicts that the United States government will not purchase Bitcoin in 2025. Instead, it is expected to maintain its existing Bitcoin holdings while exploring…
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