Tag: Bitcoin

MicroStrategy CEO Michael Saylor has predicted that Bitcoin will reach $100,000 by the end of 2024. In a November 14 interview with CNBC, Saylor shared his optimism, announcing plans for a "New Year's Eve" celebration to mark Bitcoin's potential all-time high. "I believe Bitcoin will continue to rise from here. ...

U.S.-based battery materials firm Solidion Technology has announced a strategic shift in its corporate treasury management, which involves committing over 50% of its surplus cash reserves to Bitcoin investments. In a recent press release, Solidion described Bitcoin as a “secure store of value” and a “strategic asset”, reinforcing its role ...

For businesses aiming to offset risks from inflation, currency depreciation, and central bank policies, Bitcoin is now seen as a hedge—a store of value with the potential for stability amidst economic and geopolitical uncertainties. It all started in 2020 with MicroStrategy, the first publicly traded company to adopt Bitcoin as ...

Bitcoin is poised to gain unprecedented political significance in the U.S. following Republican victories in the recent elections, according to the New York Digital Investment Group (NYDIG). In a report published on November 11, Greg Cipolaro, NYDIG's global head of research, stated that Bitcoin's position in the investment landscape is ...

Bitcoin mining hashrate marketplace NiceHash is set to host a two-day conference in Maribor, Slovenia, on November 8 to celebrate its 10-year anniversary. The event, known as NiceHashX and dubbed the "Bitcoin Conference on the Sunny Side of the Alps," will bring together prominent industry figures to discuss issues like ...

US-based manufacturer Semler Scientific increased its Bitcoin holdings to 1,058 BTC, valued at $71 million, following its acquisition of over 47 BTC in the third quarter of 2024. In its Q3 financial results report, CEO Doug Murphy-Chutorian emphasised that the healthcare equipment manufacturer is "laser-focused on acquiring and holding Bitcoin" ...

Altcoins could be in for a challenging period ahead if historical patterns in market cycles are repeated, according to crypto analyst and ITC crypto founder Benjamin Cowen. Cowen shared in a recent post on X that a significant "altcoin reckoning" could be approaching as trading pairs between altcoins and Bitcoin ...

Around 500 Bitcoin, worth approximately $35 million, has been moved from a wallet address linked to the defunct crypto exchange Mt. Gox on November 1, according to on-chain data analysis by Arkham Intelligence. The transfer reportedly occurred in two parts—31.78 BTC and 468.24 BTC—sent to undisclosed addresses. This marks the ...

MicroStrategy, the largest corporate holder of Bitcoin, has announced a plan to raise $42 billion in capital over the next three years to expand its Bitcoin reserves as part of its new "21/21 Plan." This plan, named for its objective of raising $21 billion each from equity sales and fixed-income ...

Arthur Hayes, the founder of BitMEX and CIO of Maelstrom, has challenged the widespread belief that former U.S. President Donald Trump supports Bitcoin. During a recent interview with Channel News Asia, Hayes declared that if Trump were to be re-elected, his administration would likely not favour Bitcoin through direct regulation ...