Bitcoin Is Now Bigger Than Silver Now 8th Largest Financial Asset.
Alphabet and Amazon are the next targets for Bitcoin.Bitcoin’s bull run continues with full force as the asset broke above $71,000 earlier today and tapped a new all-time high at…
MicroStrategy Buys Another 12,000 BTC After Raising Over $800M From Convertible Notes
MicroStrategy bought the latest batch of BTC when the asset’s price stood below $69,000. Business intelligence firm MicroStrategy has completed a $800 million fundraising effort to purchase additional Bitcoin (BTC).…
BlackRock’s Bitcoin ETF Surpasses MicroStrategy’s Holdings.
BlackRock’s IBIT possesses 197,943 Bitcoin, with a value of roughly $13.5 billion.As of March 8th, the price of Bitcoin has finally hit $70,000. MicroStrategy’s Bitcoin holdings have been surpassed by…
BlockFi Founder Zac Prince Addresses Insolvency and Future Plans.
Zac Prince updated about the bankruptcy process’s effectiveness. The founder of BlockFi recalls taking part in the Sam Bankman-Fried (SBF) trial. Ex-CEO and founder of BlockFi Zac Prince has spoken…
BRICS Is Developing a Blockchain Payment System
Ushakov highlighted that the system is convenient, free of political influence, and economically efficient.Russia, a member of the BRICS alliance, announced the development of a new blockchain-based payment system to…
JPMorgan Says ‘Not realistic’ to Expect Bitcoin to Compete With Gold
JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be…
Bitcoin Miners Energy Consumption Skyrockets Ahead of Halving.
Bitcoin prices have remained high and skyrocketed due to the supply shock.A Coin Metrics assessment states that miners used 19.6 gigawatts of electricity last month.In the run-up to the pivotal…
DeFi Total Value Locked (TVL) Surpasses $100B Amid Bitcoin Surge.
These numbers are lower below the record set in November 2021 of $189 billion.EigenLayer is in second place with $11.5 billion in TVL, behind Lido’s $38.7 billion.On March 9, the…
No ‘Flippening’ Expected, but Ethereum Poised to Outperform Bitcoin: VanEck Executive.
While a complete “flippening” is unlikely, VanEck’s Matthew Sigel expressed confidence in Ethereum’s ability to outperform Bitcoin in 2024.The introduction of spot Bitcoin ETFs has attracted a fresh influx of…
Is the Bitcoin Rally Cooling Down in the Short Term? Altcoin Seasons Starts Brewing (Analysis)
Bitcoin prices tapped a new all-time high for the second time this week but were sharply rejected as analysts suggest exhaustion among traders. On March 8, on-chain analytics provider Santiment…