Bitcoin lost steam the previous day and seems poised to re-test its support levels in the coming days. The cryptocurrency rallied on the back of favorable macroeconomic winds and high upside liquidity from overleveraged short…
Why Investors Are So Excited About MicroStrategy’s Bitcoin…
MicroStrategy has announced another convertible bond raise, this time priced at $900 million, in order to buy even more bitcoin. How does this compare to its last bond offering? And why isn’t it going to…
Explaining Bitcoin Addresses
Listen To This Episode: In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed Bitcoin addresses. Every Bitcoin user has probably at one point used Bitcoin addresses, but what…
Janet Yellen Stresses Importance of Crypto Regulation, Making…
U.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal…
Binance Coin (BNB) Overtakes Tether For Third-Ranked Crypto…
Yesterday, Binance Coin closed at around $200 a coin, and within another 24 hours, the exchange token is already trading at another $100 higher. The surge in price and corresponding FOMO has also caused the…
Bitcoin’s Watershed Moment- Crypto Asset Now Commands a…
Bitcoin’s market capitalization has crossed the $1 trillion zone after the price per coin surpassed $53,650 per unit. The valuation comes 145 months after the launch of the Bitcoin network on January 3, 2009. ‘The…
World’s Largest Asset Manager Blackrock Enters Bitcoin Space…
The world’s largest asset manager with almost $9 trillion in assets under management, Blackrock, has started investing in bitcoin. Sharing his view on what’s driving up the price of the cryptocurrency, the firm’s chief investment…
At $1 Trillion BTC Market Cap, Microstrategy Completes…
This article and headline were updated on February 19, 2021. As Bitcoin hit new all-time price highs over $53,000 and the asset’s market capitalization passed $1 trillion, MicroStrategy CEO Michael Saylor announced on Twitter that…
North American Bitcoin ETF’s First Trading Day Captures…
The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw…