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Bitcoin
FTX files motion for Galaxy Digital to manage recovered crypto holdings
The company filed a motion with the District of Delaware Bankruptcy Court on Aug. 24 seeking authorization and approval of guidelines for the sale of digital assets recovered during ongoing bankruptcy proceedings.The filing outlines…
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Solo Miner Solves Valid Bitcoin (BTC) Block to Earn $160K
In a remarkable Bitcoin network development this year, a solo miner successfully solved block 803,821, securing the coveted 6.25 BTC block reward valued at over $160,000.
The remarkable event unfolded on August 18, and the miner became…
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Bitcoin Stuck Near $26K, But Fading ‘Buy The Dip’ Sentiment Could Signal Opportunity:…
The crypto market’s violent downtrend left many hoping for a quick rebound, as evidenced by a huge rise in “buy the dip” mentions across several social media channels. However, this “wishful thinking” has died down, with…
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Most fear since SVB collapse — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with traders licking their wounds after a 10% snap crash.BTC price action is struggling to recover from a manic end to the week, and the fear is palpable going into what could be an equally volatile few…
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MicroStrategy’s Bitcoin Holdings Hit $600M Unrealized Losses
Bitcoin’s recent price crash to around $25,000 has left MicroStrategy Inc, the largest corporate holder of the digital asset, with over $600 million in unrealized loss.
The Virginia-based software firm currently possesses over 150,000…
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Michael Saylor, MicroStrategy, and Bitcoin 3 Years After
MicroStrategy’s co-founder and executive chairman, Michael Saylor, who served as the company’s former CEO for over 30 years, continues to remain bullish on bitcoin three years after his publicly-traded business…
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SpaceX Bitcoin Holdings Reportedly Written Down $373M
Reportedly, SpaceX reduced the value of its Bitcoin by a total of $373 million and potentially liquidated all of its holdings.
The Elon Musk-led firm bounces back from 2021 and 2021 annual losses, reportedly achieving a slight Q1 2023…
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Fundstrat Predicts $150K Bitcoin Price but BTC Drops to 8-Week Low
Speaking to CNBC on Aug. 16, Fundstrat analyst Tom Lee said that if the spot BTC ETF gets approved, the demand for Bitcoin will be greater than the supply.
He added that the firm’s crypto strategists predicted a clearing…
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FBI seizes almost $2M of crypto assets in three months
A public filing released by the United States Federal Bureau of Investigation (FBI) shows that the law enforcement agency seized around $1.7 million worth of digital assets from March to May.According to the Filing, the FBI seized…
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Full List of Bitcoin Biggest Enemies, According to Peter Thiel
In the rapidly evolving world of Bitcoin and cryptocurrencies, public sentiment can sway dramatically based on the opinions of a few key players. Billionaire PayPal co-founder and tech investor Peter Thiel is undeniably one of those…
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