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MicroStrategy Buys Another 12,000 BTC After Raising Over $800M From Convertible Notes

Business intelligence firm MicroStrategy has completed a $800 million fundraising effort to purchase additional Bitcoin (BTC). The company also used some excess cash and acquired 12,000 BTC, with its total…

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Shiba Inu (SHIB) Metrics Go Wild, Bitcoin (BTC) Jumps to an ATH of $70K, and More: Bits Recap March 11

TL;DR BTC reached a new peak of $70,000 but faced volatility, with expectations of further growth due to the upcoming halving event. Shiba Inu (SHIB) experienced a 240% price surge,…

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Here’s Why This Student-Run Investment Fund Allocated 7% of its Portfolio to Bitcoin

The Stanford Blyth Fund, a student-run investment entity at the university, purchased Bitcoin (BTC) at $45,000 in February after a scholar pitched the asset during a meeting. According to a…

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Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up

As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer…

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The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen…

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Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain

An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling…

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Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More — Week in Review

A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels.…

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Nexo Product Manager Talks 2022 Crypto Lenders’ Crisis and Which Coin Users Seek The Most (Exclusive Interview)

2022 saw the implosion of numerous cryptocurrency lenders, perhaps none more devastating for investors than the Celsius crash. What followed was a year-long violent bear market with depressed prices and…

Continue ReadingNexo Product Manager Talks 2022 Crypto Lenders’ Crisis and Which Coin Users Seek The Most (Exclusive Interview)