President Donald J. Trump recently expressed his commitment to making the US a “Bitcoin superpower” and maintaining its dominance in the cryptocurrency market. He emphasized the importance of the US government holding onto the 200,000 Bitcoin it currently possesses, representing approximately 1% of the total supply. Trump believes that selling these assets would go against
Selling
Marathon Digital, formerly known as MARA, has recently made waves in the cryptocurrency world by announcing a huge investment of $100 million in Bitcoin. This investment showcases the mining giant’s confidence in the long-term potential of the pioneering cryptocurrency. Despite previous price drops in BTC, Marathon Digital has taken advantage of the market conditions to
Ethereum has witnessed a significant downturn in its price recently, starting from the $3,500 resistance level. The downtrend has led to a drop of over 8%, with further potential for a decline towards the $3,120 support zone. This article will delve into the various factors contributing to this price movement and analyze the potential future
Brian Korshain, the CEO and founder of DAIM, recently expressed strong optimism about the potential impact of former President Donald Trump’s support for Bitcoin. He mentioned that Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government could have a significant effect on the cryptocurrency market. However, he also acknowledged that
The recent news of the German government selling off all of its Bitcoin holdings in just two weeks has sparked curiosity and raised eyebrows in the cryptocurrency community. The official reason behind this massive Bitcoin dump was revealed in a statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. The
Recently, crypto exchange OKX made the decision to select Malta as its Market in Crypto-Assets (MiCA) hub to cater to the 450 million residents of the European Union. By establishing itself in Malta, OKX aims to provide services that are fully compliant with local regulations, while also ensuring seamless deposit and withdrawal connectivity to local
Joe Burnett, Senior Product Marketing Manager at Unchained Capital, recently made a forecast in a YouTube video predicting that Bitcoin could reach a valuation of $750,000. His argument revolves around the idea that the market may be overlooking Bitcoin’s true potential this cycle and failing to consider its position within the broader context of the
Recently, blockchain security firm Cyvers Alert reported a significant security breach at the Indian exchange WazirX, resulting in the exploitation of approximately $235 million. The firm’s system detected multiple suspicious transactions involving WazirX’s Safe Multisig wallet on the ETH network, where a total of $234.9M of funds were transferred to a new address. It was
Despite recent bearish trends in the cryptocurrency market, JP Morgan has maintained a bullish stance on the Bitcoin price outlook. The multinational finance company has announced a timeline for the conclusion of ongoing BTC liquidations and predicts a subsequent rebound in the market. According to a research report released by JP Morgan, the bank suggests
In a recent analysis, Jamie Coutts, the chief crypto analyst at Real Vision, pointed out an indicator that suggests a bullish trend for Bitcoin (BTC). Coutts highlighted that Bitcoin’s hash rate decline is slowing down, which typically indicates a potential reversal from a bearish to a bullish trend. However, he cautioned that a true bullish