Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate […] Original
Category: Bitcoin News
Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […] Original
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted. Original
This October investment is outperforming top cryptos like Bitcoin, Ethereum, and Solana
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An unexpected player is outpacing leading cryptocurrencies this October, capturing the crypto community’s attention. An unexpected player is outpacing the leading digital currencies this October. While the most well-known cryptocurrencies are under the spotlight, another investment is quietly surpassing them all. This surprising asset is catching attention in the crypto community. What is this rising star that’s eclipsing the top digital tokens? Discover the investment that’s challenging the dominance…
Reddit Sells Bitcoin Just Before Major Price Jump – Here’s What We Know
According to Reddit, the popular platform known for its forums and discussions, the company recently made a modest sale of bitcoin (BTC) and ethereum (ETH). Reddit Cashed out Its Crypto Right Before October’s Price Spike In a 10-Q SEC filing, Reddit disclosed the sale of these digital assets, which occurred before bitcoin saw its price […] Original
Bitcoin Price Prediction: BTC Pumps 7% and Pepe Unchained Could Explode Next
Bitcoin (BTC) has had a strong week so far, climbing 7% since Monday as election season ramps up the hype in the crypto market. Historically, presidential races tend to shake up crypto – and traders are ready to seize the moment. While BTC’s rally is grabbing attention, Pepe Unchained (PEPU), a new meme coin in […] Original
$870M Flows Into Bitcoin ETFs, Pushing Reserve Holdings to 5% of BTC’s Market Cap
Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz. On Tuesday, as bitcoin (BTC) hovered near its […] Original
Inspired by Trump, Florida Official Eyes State Bitcoin (BTC) Stockpile for Retirees
Patronis, who is one of three trustees along with the governor and state attorney general, asked the organization to come back with a report that can inform state lawmakers before the next session. If Florida were to make that change, it would follow in the footsteps of states such as Wisconsin and Michigan. Original
Ethereum’s Market Conundrum—ETH Slips Further Behind as Bitcoin Shines
This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin […] Original
Bitcoin Is Nearing All-Time-Highs Once Again, but It’s Going Much Higher
Bitcoin is soaring once again, but Bitcoin.com CEO Corbin Fraser wishes to remind everyone that with its unique set of driving forces, bitcoin is on a long-term trajectory to reshape the global economy Bitcoin Nears Historic Highs but Huge Growth Is Still Ahead Bitcoin’s recent price action has been impressive, with the cryptocurrency approaching […] Original