Bitcoin Updates

Bitcoin Soars as Powell Hints at Rate Cuts

The price of Bitcoin and other cryptocurrencies saw a rise on Friday after remarks from Federal Reserve Chairman Jerome Powell, who suggested the possibility of an interest rate cut in Jackson Hole, Wyoming. Within 15 minutes of speech starting, Bitcoin jumped above $114,700 from $112,000, a nearly 2.5% gain, while Ethereum surged to $4,600 from … Read more

Bitwise Unveils Bitcoin Market Forecasts

A major participant in the crypto asset management industry “Bitwise Investments”, has announced its long-term capital market assumptions for Bitcoin (BTC), which go all the way to 2035. This report offers insights into anticipated price trends, volatility, and correlations within the cryptocurrency market, as stated by Bitwise Investments. The report details Bitwise’s predictions for Bitcoin’s … Read more

Is Investing in Bitcoin Treasury Companies Still a Wise Move

Bitcoin has recently reached new all-time highs, but numerous prominent Bitcoin treasury companies have been experiencing notable underperformance. Despite Bitcoin recently surpassing $120,000, the share prices of companies like MicroStrategy are still significantly below their highs. Will these companies experience a lasting rebound, or has their time of exceeding expectations already come to an end? … Read more

Bitcoin Live

Michael Saylor’s Bold Bitcoin Vision: The Future of Credit

Saylor has encouraged his followers to invest in Bitcoin, take out mortgages on their homes, and even “sell a kidney.” Supporters refer to him as a visionary with financial prowess, whereas critics label him a flamboyant addict. He has transformed a small software business into the largest corporate holder of Bitcoin globally, trading with a … Read more

Bitcoin Fee Market Declines As Onchain Activity Slows

The fee market for Bitcoin has experienced a decline due to decreased onchain activity, creating difficulties for miner revenue. Examining the effects of OP_RETURN transactions and the security of the network. According to a recent analysis, Bitcoin’s onchain activity and fee market have entered a period of stagnation. This situation arises against a backdrop of … Read more

Crypto markets rebalance as Bitcoin falls below $114k: What now?

Bitcoin (BTC), the leading cryptocurrency, is trading below the $114,000 level, a decline of about 9 percent from its previous high of $124,457, reached last week on August 14. The crypto markets are adjusting after recent highs. The sentiment also reached altcoins.  Market analysts, however, maintain an optimistic outlook, indicating that current macroeconomic factors may … Read more

Stablecoins Hit Moment

Wyoming has introduced the first state-issued stablecoin in the United States, known as the Frontier Stable Token. It is operational on seven blockchains and is entirely supported by Treasuries and cash. Japan has given the green light to its inaugural yen-backed stablecoin, providing the digital yen with regulatory clarity and the ability to be converted … Read more