Auto Added by WPeMatico

Strategy’s Latest Bitcoin Buy Is Worth Over $1.3 Billion: Details

Michael Saylor, the bitcoin brain behind Strategy’s BTC plan, announced the latest acquisition earlier today with which the company has made a return to the billions of USD. More precisely,…

Continue ReadingStrategy’s Latest Bitcoin Buy Is Worth Over $1.3 Billion: Details

How Saylor’s Strategy Transformed Bitcoin into a Deflationary Asset: Details

By being pre-programmed to have only 21 million bitcoins ever to exist, the largest cryptocurrency’s model is not, by definition, deflationary. After all, new BTC is mined every day, and…

Continue ReadingHow Saylor’s Strategy Transformed Bitcoin into a Deflationary Asset: Details

Crypto Markets Skyrocket by Almost $400B in Days as BTC Price Surges Past $103K (Weekend Watch)

Bitcoin’s recent price ascent took the asset to a new multi-month peak of over $104,000 where it faced some resistance and now sits above $103,000. Many altcoins continue to post…

Continue ReadingCrypto Markets Skyrocket by Almost $400B in Days as BTC Price Surges Past $103K (Weekend Watch)

Bitcoin Breaks $100K, Ethereum’s Pectra Upgrade Boosts ETH, Fed Holds Rates: Weekly Crypto Recap

There’s a lot to unpack from the past seven days, so let’s get straight to it. Let’s take you back to our previous Market Update from last Friday when BTC…

Continue ReadingBitcoin Breaks $100K, Ethereum’s Pectra Upgrade Boosts ETH, Fed Holds Rates: Weekly Crypto Recap

BTC Price Nears $100K for the First Time Since February, ETH Taps Monthly Peak (Market Watch)

Bitcoin’s positive price performance, perhaps due to the aforementioned trade talks, continues in full force as the asset tapped a multi-month high of just under $100,000. The altcoins have posted…

Continue ReadingBTC Price Nears $100K for the First Time Since February, ETH Taps Monthly Peak (Market Watch)

Bitcoin Reacts to US Federal Reserve’s Decision to Maintain Interest Rates

The US Federal Reserve has remained true to its recent monetary policy by maintaining the key interest rates at the same levels of 4.25% to 4.5%. Bitcoin’s price slipped by…

Continue ReadingBitcoin Reacts to US Federal Reserve’s Decision to Maintain Interest Rates