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Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders

The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per…

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Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets

Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of…

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El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms

The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many…

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Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings

Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago…

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Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris — Bitcoin to Go ‘Very, Very High’

Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that…

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Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence 

On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South…

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Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop

On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value…

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Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’ 

Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world.…

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