With the increase in prices since last year, there has also been a rise in physical attacks targeting bitcoin and crypto investors. We reported on this trend in late February of this year, but the figures have deteriorated since then. There have been 35 of these violent incidents, indicating a concerning 169% increase in just … Read more
The influence of the US Fed rate cuts has become apparent in the cryptocurrency markets, with Bitcoin starting to stabilize around its recent gains. Bears seem to be cashing in, with the BTC price falling beneath the key support level of $117,138. Following several weeks of significant increases, experts indicate that the cryptocurrency market is … Read more
Bitcoin experienced a slight uptick on Thursday, September 18, surpassing the $1,18,000 threshold following the US Federal Reserve’s overnight announcement of a 25 basis points rate cut. The surge in Bitcoin and various crypto tokens propelled the market capitalisation of the asset class up by 2 per cent. In a move that many expected, the … Read more
Metaplanet, has revealed that it successfully completed a substantial $1.4 billion fundraise via an international share offering, with intentions to acquire Bitcoin using the proceeds. The announcement arrives amid Bitcoin’s ongoing trading above $116,000, underscoring the increasing institutional interest in Bitcoin treasury operations. The Japanese Bitcoin treasury company has unveiled several strategic initiatives today, which … Read more
Authorities in Devon have confiscated £1.3 million in cryptocurrency from an individual who has been sentenced to prison for engaging in online drug sales. On Friday, Ryan Coleman, a 36-year-old resident of Torquay, was sentenced to 15 years in prison at Exeter Crown Court after admitting to the supply of cocaine, ecstasy, cannabis, and ketamine. … Read more
The cryptocurrency realm is abuzz following reports of a major transaction: a long-time Bitcoin holder has executed a massive sale. This action, encompassing millions of dollars, inevitably ignites interest and conjecture throughout the market. The implications of such a significant sale for Bitcoin’s future are noteworthy, raising questions about its potential effects on other investors … Read more
Bitcoin charts highlights a bullish recovery from a low near $107,270, marked by higher highs and higher lows that have driven the price into a resistance zone between $116,000 and $116,500, while volume starts to decrease — a situation that could suggest a possible pause or reversal on the horizon. The current strategy indicates monitoring … Read more
One of the prevailing themes this cycle has been that “this time is different.” As institutional adoption continues to reshape the supply and demand dynamics of Bitcoin, there is a growing consensus that the euphoric blowoff tops characteristic of previous cycles may not be in the cards this time around. The concept here is that … Read more
As summer transitions to fall in the northern hemisphere, the stonkcoiner vision of bitcoinizing finance is swiftly morphing into a nightmare. The bitcoin paper era of issuing shares to oblivious financial markets at overvaluations to acquire bitcoin at a bargain is concluding, not with a triumphant bang but rather with a rather lackluster whimper. For … Read more
The emergence of BTC’s inverse head-and-shoulders pattern indicates a robust upward trajectory. In a notable development, the cryptocurrency market is exhibiting signs of caution, as evidenced by the 25-delta risk reversals on bitcoin and ether options trading in negative territory. This trend indicates a prevailing bias towards downside protection in anticipation of upcoming U.S. inflation … Read more