Tag: Bitcoin

Bitcoin (BTC) may experience a decline if it cannot maintain its position above the critical support level of $90,000, according to crypto analyst Cheds. In a recent strategy session on YouTube, he pointed out that Bitcoin is trading sideways, with resistance at $107,000 and a clearly defined support level at ...

James Howells, a computer engineer from Newport, is once again working to recover a lost hard drive that contains 8,000 bitcoins, now valued at approximately £620 million, which he mistakenly discarded in 2013. According to a report from the BBC, Howells is now contemplating purchasing the landfill where he believes ...

The University of Austin is launching a Bitcoin investment fund as part of its endowment strategy, raising $5 million to be integrated into its $200 million endowment. This makes it the first U.S. university to establish a dedicated Bitcoin fund within its endowment portfolio.  The university plans to hold Bitcoin ...

Hong Kong immigration authorities now recognise Bitcoin and Ethereum holdings as valid proof of assets for investment immigration applications. According to local reports, InvestHK—Hong Kong’s agency for Foreign Direct Investment—has approved multiple applications where individuals used cryptocurrency holdings to meet asset requirements for residency. The individuals applied under the agency's ...

MicroStrategy has officially rebranded itself as Strategy, revealing its new identity on February 5. The rebranding features a new logo with a stylized "B," representing the company’s status as the world’s largest corporate holder of Bitcoin. This change comes after the company’s fourth consecutive quarterly loss and emphasizes its increased ...

Retail traders in the Asia-Pacific region are becoming more active in Bitcoin, with growth outpacing that of traders in the U.S. A report from Gemini and Glassnode indicates that retail participation in Asia is expanding significantly faster than in the U.S. and Europe, excluding exchange-traded funds and exchange flows. Glassnode ...

Semler Scientific (Nasdaq: SMLR) has made a significant expansion to its bitcoin holdings, acquiring 871 bitcoins for $88.5 million between January 11 and February 3, 2025, as stated in the company's official announcement. This purchase was funded by proceeds from senior convertible notes offering and the partial monetization of its ...

Analysts at the blockchain firm Matrixport have noted that Bitcoin has historically provided substantial buying opportunities when the Relative Strength Index (RSI) falls to around 40%. Currently, the RSI is 48%, which is still too high to signal the typical market patterns for optimal entry points. Given the ongoing uncertainty, ...

El Salvador increased its Bitcoin holdings by acquiring 12 BTC on February 4 after a market dip. The country previously bought 11 BTC for about $1.1 million at an average of $101,816 per Bitcoin and added another 1 BTC for $99,114. According to the Bitcoin Office tracker, this latest purchase ...

Bitcoin Depot has increased its Bitcoin holdings by acquiring an additional $5 million worth, bringing its total to 71.5 BTC, valued at over $7 million at current market prices. This move highlights the company's continued commitment to investing in the leading digital asset. CEO Brandon Mintz highlighted that this latest ...