Glassnode Analyst Says “Bitcoin Bottom Signal is Strengthening!”, Explains the Critical Threshold!

While the leading cryptocurrency Bitcoin remains above $60,000 following recent declines in June, an analyst has stated that a key indicator that could signal the bottom of a bear cycle in the Bitcoin market is beginning to re-emerge. At this point, an analyst named Cryptovizart from the on-chain analytics platform Glassnode analyzed investors who have […]

Bitcoin slips as traders lift July Fed rate hike bets ahead of Inflation report

Major cryptocurrencies have come under pressure, reflecting heightened expectations for a Federal Reserve interest-rate increase as soon as July, just ahead of key U.S. inflation data and congressional testimony from Chair Kevin Warsh. Bitcoin BTC$62,465.50 has dropped by over 2% in 24 hours to $62,380. Ether (ETH), $XRP ($XRP) and other tokens are also nursing […]

Japan-Based Company Announces It Will Buy Bitcoin by Issuing Bonds! Here Are the Details

Bitcoin Japan, a company listed on the Japanese stock exchange that recently changed its name from Hota Marusho, is preparing to add Bitcoin ($BTC) to its balance sheet following a capital increase. The company announced that it raised approximately 9.657 billion Japanese yen, or about $60.3 million, through the issuance of convertible bonds and new […]

Peter Schiff Says Strategy Is No Longer a Leveraged Bitcoin Bet, Warns MSTR Shareholders of Infinite Dilution

Strategy’s Bitcoin Bet Faces a Capital-Structure Test Strategy Inc. (Nasdaq: MSTR) shareholders face two competing outcomes. A bitcoin recovery could restore MSTR’s appeal as an amplified proxy, while continued common and preferred issuance could reduce the bitcoin exposure represented by each share. Economist, gold advocate and longtime bitcoin critic Peter Schiff argues the second outcome […]

List of the Largest Bitcoin Holders Updated—They’re Very Close to Satoshi Nakamoto

According to data from blockchain analytics platform Arkham Intelligence, Bitcoin’s anonymous creator, Satoshi Nakamoto, is the world’s largest Bitcoin holder with approximately 1,096,000 $BTC. The current value of assets believed to belong to Satoshi is approximately $71.36 billion. This amount corresponds to about 5.47% of the total Bitcoin supply. Second on the list is Coinbase, […]