Day: February 24, 2025

Best Crypto to Buy as Top Hong Kong Investment Firm Buys More Bitcoin

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HK Asia Holdings Limited, a top investment firm in Hong Kong, is the latest to join the Bitcoin buying spree among institutions and companies. The firm purchased around 7.88 $BTC on February 20, bringing its total Bitcoin holdings to 8.88 $BTC. Put together, HK Asia had to shell out around $97,021 per $BTC, or $862K in total. It’s worth noting that this is the second time the firm has purchased Bitcoin this month. It bought 1 $BTC on February 16, which immediately skyrocketed its share price. It rose by nearly…

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Rezolve Ai establishes $1b Bitcoin treasury for crypto payments expansion

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Rezolve Ai has announced a $1 billion Bitcoin treasury program, starting with an initial $100 million investment.  The move is intended to support the commercialization of its planned AI-powered crypto payment platform, developed in collaboration with Tether (USDT). The company, which focuses on integrating artificial intelligence with blockchain technology, said that Bitcoin and its Bitcoin reserve will serve as a financial backbone for its upcoming payment solution.  The platform aims to enable consumers and retailers to transact using Bitcoin (BTC), Tether, and other digital assets. 🚀 Big news! Rezolve Ai…

Strategy Nears Half-Million Bitcoin Custody Milestone With New $1.99 Billion Acquisition

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On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 bitcoin for $1.99 billion. Michael Saylor’s Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy’s latest expansion of its cryptocurrency portfolio since its prior purchase on Feb. 10. In a post to X, Saylor […] Original

Is The Bitcoin Price Manipulated? Expert Exposes The Truth

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Este artículo también está disponible en español. In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers of bitcoin’s current trading dynamic. Is The Bitcoin Price Currently Manipulated? One of the core arguments Consorti addresses is the suspicion that “the boring period of consolidation” might…

Bybit Hack Fails to Ruffle Feathers, Traders Eye SOL ETF

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin and ether, the two largest digital assets by market value, remain largely within their recent trading ranges two days after the $1.5 billion hack of Bybit, one of the top cryptocurrency exchanges. Perpetual funding rates for both are positive, indicating a bias for long positions that benefit from price rises. Bitcoin options trading on Deribit show a bullish bias for call options across all time frames, while those tied to ether show a downside bias into March. The bias for…

Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin?

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Este artículo también está disponible en español. Crypto analyst Ali Martinez has revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the foremost meme coin. Based on this, DOGE could be at risk of suffering further price declines.  Dogecoin’s Activity Levels Crash To 4-Month Lows In an X post, Martinez revealed that Dogecoin’s network activity has dropped to its lowest level since October 2024, with just 66 whale transactions and fewer than 60,000 active addresses daily. Bitcoinist had also recently reported that DOGE’s large transactions had dropped…

Second Bitcoin reserve bill introduced in Georgia, now without investment limit

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Another Bitcoin reserve bill has been introduced in Georgia to allow the state treasurer to invest in Bitcoin without limits, only 10 days following the first bill’s submission. If passed, the second Bitcoin (BTC) reserve bill introduced in the state would allow the state treasury to invest in Bitcoin without any investment restrictions. The bill, known as Senate Bill 228, would also require the Georgia State Treasury Department to develop its own policies and procedures that would permit the “acceptance, storage, and transacting of Bitcoin.” The bill also stipulates that…

ADA Charts Turn Bearish – Technical Indicators Signal More Pain Ahead

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…