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MicroStrategy’s $2 Billion Plan for Bitcoin Acquisition

MicroStrategy, a Virginia-based company known for its strong belief in Bitcoin, plans to sell up to $2 billion in shares. This move aims to further invest in Bitcoin and address other corporate needs...

Kamala Harris Reps to Meet Crypto Industry Leaders Amid Efforts to Mend Relations

Kamala Harris representatives will reportedly host a meeting in Washington on Monday for cryptocurrency industry leaders. The event comes barely a week after the Bitcoin 2024 Conference in Nashville...

SAHM Indicator above 0.5: Recession Incoming?

A significant recession warning is currently flashing across financial markets, impacting both the stock and crypto sectors. The SAHM Indicator, a crucial economic measure, has crossed above 0.5...

Trump suggests Bitcoin plan to erase $35T debt

Former President Donald Trump proposed an unconventional idea with Bitcoin to address the U.S.’s $35 trillion national debt: using Bitcoin as a payment to China. He suggested this bold move...

Kujira Foundation Faces Heavy Losses Due to Leveraged Bets

Major Drop in KUJI Token Value The Kujira Foundation, known for its decentralized finance (DeFi) initiatives, suffered a dramatic 55% plunge in the value of its KUJI tokens within a single day. This...

Genesis Moves $1.5 Billion in Bitcoin and Ethereum for Creditor Repayments

BREAKING: Wallets linked with Genesis Trading have moved 16.6K BTC ($1.1B) and 166.3K ETH ($521.1M) in the past hour, likely for in-kind repayments to creditors. According to an X post by Arkham...

Bitcoin and Ethereum ETFs see positive inflows first time together

On August 1, 2024, U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced joint positive inflows for the first time since the launch of nine spot Ether ETFs on July 23. This marked a...

U.S. Spot Ethereum ETFs See $77.21M Outflow in a Single Day

Significant Withdrawals from U.S. Spot Ethereum ETFs On Wednesday, U.S.-based spot Ethereum exchange-traded funds (ETFs) faced notable outflows, with a total of $77.21 million being withdrawn. Among...

Bitcoin Falls Below Key $63k Level: Market Analysis

Bitcoin is down below the critical $63k level, marking the fourth consecutive daily close with a bearish candle. The crypto market is feeling the strain as Bitcoin dip sentiment spreads across the...