Strive’s stock experienced a significant increase on Monday following the announcement of a $143 million bitcoin acquisition, positioning it as the fifth largest publicly traded crypto treasury. The Nasdaq-listed company announced its latest acquisition of 1,800 bitcoins between August 24 and August 28. It acquired the coins at an average price of $79,431, as indicated … Read more
Bitcoin exchange-traded funds have maintained their positive momentum, drawing in billions of dollars in fresh investments over the last week. U.S. investors have allocated $2.56 billion since last Monday, as reported by data, contributing to an increase in the price of the leading cryptocurrency. This week, approximately $652 million in new capital has flowed into … Read more
Bitcoin surged beyond $81,000 for the first time since January on Monday before experiencing a minor decline. The recent moves have market observers questioning whether the debasement trade has returned. The largest cryptocurrency was recently trading at $79,098 on Tuesday morning in New York, following a peak of $81,160 the previous evening. Over a 24-hour … Read more
Bitcoin is entrenched in its bear market; however, it is exhibiting an unusual behaviour: remaining stagnant. According to a recent report, thirty-day realised volatility has decreased to 27.2% annualised, a decline from 30.4% the previous month and significantly below bitcoin’s long-run average of approximately 80%. For an asset characterised by double-digit daily fluctuations, this represents … Read more
Spot Bitcoin exchange-traded funds experienced their most significant outflows last week since the conclusion of June, marking a reversal of the robust performance observed at the beginning of August. The 13 US-listed funds experienced a net outflow of $389.7 million during the week of August 10, following an inflow of $853.5 million in the preceding … Read more
Bitcoin dropped to over $63,500 on Thursday, down more than 0.5% for the day and nearly 2% for the week, as a consistent U.S. inflation data was sufficient to allay concerns but insufficient to influence the market. Hyperliquid’s HYPE was the standout, increasing by more than 3% to $56, although it remained unchanged over the … Read more
Bitcoin holders risk losing actual BTC this weekend by attempting to sell coins from a fork that may lack any real value. Here is the process outlined. Bitcoin may undergo a bifurcation into two distinct chains in the forthcoming days. If it does, everyone who holds bitcoin ends up holding the same balance twice, once … Read more
Bitcoin maintained a position above $64,600 on Thursday, exhibiting a slight increase for the day and a 0.5% rise over the week, as the other major cryptocurrencies provided minimal guidance. Attention is also focused on SpaceX, owned by Elon Musk, where approximately $101 billion of stock will become tradable on Thursday as the initial lockup … Read more
All three parties are reportedly nearing the conclusion of a significant agreement that would allocate inbound and outbound traffic. Bitcoin’s price recovery from the dip to $62,200 persists, as the asset has increased by two thousand and now rests firmly above $64,000. It seems that the market is reflecting the recent favourable development regarding the … Read more
Hackers have identified a software vulnerability in a particular brand of “cold” Bitcoin wallet, which is regarded as one of the most secure options for cryptocurrency storage. They are currently extracting tens of millions of dollars in a continuing assault. Late last week, Coinkite Inc., based in Canada, informed users of its Coldcard devices that … Read more
