Spot gold surpassed $3,000 an ounce for the first time before retreating to $2,990. Gold futures for April delivery also broke the $3,000 mark on Thursday. The precious metal is now up over 15% this year, driven by strong ETF inflows, geopolitical uncertainty, and continued concerns over U.S. equities amid ongoing tariff discussions by former…
Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report, Russian oil companies and traders increasingly conduct transactions in bitcoin and crypto, allowing them to circumvent restrictions from Western nations. Sources…
The Bitcoin (CRYPTO: BTC) chart has been a roller coaster ride recently. The original and largest cryptocurrency rose to an all-time high of $106,182 per coin in January, then fell back as much as 25.8% over the next seven weeks. That’s a sharp retreat from a long upswing — Bitcoin has more than quadrupled in…
ATLANTA, March 14, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot BTM, a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, announced today that Chris Ryan has been appointed Chief Legal Officer. With a strong background in financial services, cryptocurrency, and regulatory compliance, Ryan will be instrumental in guiding the company’s legal operations as it continues expanding…
Analyst Kevin Svenson is offering his outlook on Bitcoin (BTC) as the flagship crypto asset hovers around 24% below the all-time high. In a new strategy session, Svenson tells his 82,800 YouTube subscribers that Bitcoin is at a critical juncture that could determine the crypto king’s price direction over the coming weeks and months. According…
IATSE Local 728, a 3,000-member chapter of The International Alliance of Theatrical Stage Employees, Moving Picture Technicians, Artists and Allied Crafts of the United States, Its Territories and Canada, has made history by purchasing its first Bitcoin investment, according to a press release sent to Bitcoin Magazine. This initiative, approved by an overwhelming majority of…
The S&P 500 has now entered correction territory, defined as a 10% decline from its all-time high. A further 10% drop would signal a bear market. But is it time to panic? Since Bitcoin’s creation in 2009, the S&P 500 has experienced multiple 20% corrections. Following the 2008 global financial crisis the index had plunged…
Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol. The event, held on March 13 in Austin, Texas, celebrated the US Strategic Bitcoin Reserve initiative. Source: Gemini Gemini’s drone show featured depictions of a…
The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, believes that the top digital asset’s market cap may shoot up by trillions of dollars. In a new interview with Pomp Investments founder Anthony Pompliano at the Bitcoin Investor Week in New York, Mallers says that Bitcoin is a store of value asset…
Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated. Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs). Bitcoin speculators run to the exit “in the red” Bitcoin (BTC) entities hodling coins between one and three months bore…