As the price of Bitcoin fluctuates, a growing number of companies have seized the opportunity to accumulate the cryptocurrency, further solidifying Bitcoin’s place on corporate balance sheets. Following Bitcoin’s all-time high in March, at least six companies—including five publicly traded ones—have collectively acquired 48,836 BTC, an investment estimated to be worth around $3.1 billion today.
WilfredBut with one step forward, it seems that China has taken two steps back according to a speech given by former finance minister Lou Jiwei at the prestigious Tsinghua WuDaoKou Chief Economist Forum in Beijing.
XingChiFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoChina's central bank announced a number of stimulus measures this week, creating liquidity conditions that analysts believe will help boost bitcoin prices.
AlexRobert Kiyosaki warns of a financial crisis influenced by AI, urging investment in Bitcoin and silver. He predicts Bitcoin could reach $1 million by 2030, advocating for safe haven assets.
EdmundChina’s aggressive stimulus package may stimulate global liquidity, but the country’s ongoing ban on cryptocurrency trading limits its direct impact on Bitcoin and other digital assets. While some crypto investors remain hopeful that the influx of liquidity will ultimately benefit Bitcoin’s price, significant gains have yet to materialize. With global markets closely watching both China’s economic recovery efforts and the crypto industry’s resilience, the next few months could prove pivotal for both sectors.
WenJunChina has shown great resilience, controlling more than 55% of Bitcoin mining despite ban.
XingChiSweden's authorities are cracking down on unlicensed cryptocurrency exchanges involved in organised crime and money laundering. They are also targeting Bitcoin mining operations, uncovering 90 million SEK in unpaid taxes from 18 firms.
WeatherlyA Bitcoin whale wallet was reactivated after nearly 11 years, sparking speculation of a connection to Satoshi Nakamoto. Data shows an increase in both large and small wallets, while mid-tier holders have decreased, reflecting a changing Bitcoin market.
WenJunElon Musk and President Nayib Bukele discussed global innovation and technology but avoided crypto conversations during their meeting in Austin. Musk praised Bukele’s leadership, while El Salvador’s Bitcoin investments continue to show positive returns.
WenJunBabylon Bitcoin Stake Testnet-4 Chapter 3 has been launched on June 19, 2024.
WenJun
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Coinlive Data shows the Bitcoin long-term holders have been selling their coins at a loss for a period of four months now.
BitcoinistBitcoin ATMs are coming out of dormancy in Japan for the first time since the crypto winter of 2018 — ...
BitcoinistA push towards the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes.
CointelegraphTesla wasn't the one to be left behind and disclosed a $1.5 billion Bitcoin purchase on February 8. The crypto ...
Bitcoinist“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
CointelegraphThe regulator said it would be appropriate to “specify a longer period” of approval or disapproval of the proposed bitcoin ETF.
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