Strategy co-founder Michael Saylor signaled an impending Bitcoin BTCUSD purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. “I only buy Bitcoin with money I can’t afford to lose,” Saylor wrote to his 4.3 million followers in an X post. The company’s most recent purchase of…
In brief Wall Street titans like Jamie Dimon and Warren Buffett have criticized the asset. Early Bitcoiner Adam Back says even techies and programmers find the cryptocurrency hard to understand. Back pointed to skepticism around Bitcoin’s digital nature and grassroots origins. Bitcoin—once an arcane tech largely used by people wanting to buy illicit goods on…
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. “I only buy Bitcoin with money I can’t afford to lose,” Saylor wrote to his 4.3 million followers in an X post. The company’s most recent purchase of…
Bitcoin’s recent pullback has established strong volume-based resistance near $108,300, with support forming in the $106,700-$107,000 zone. The correction accelerated with a notable price surge from $107,373 to $107,671 between 13:06-13:36, followed by a sharp reversal. Technical analysis suggests Bitcoin is now trading within a compression zone, trapped between two major fair value gaps that…
The annual Bitcoin Conference in Las Vegas is a pivotal event for the Bitcoin ecosystem, where companies unveil breakthroughs, announce partnerships, and deliver speeches that shape the narrative of digital assets. For many, the sheer volume of information can be overwhelming. Having attended several conferences and being familiar with the attending companies through my work…
TLDR Before facing market pressure, Bitcoin reached a new all-time high of $111,970 on May 22. The US government’s new tariff threat on the European Union triggered a wave of crypto selloffs. BTC dropped below $107,000 following the tariff announcement, but quickly stabilized near $107,700. Exchange data showed that small and large buyers continued accumulating…
What happens when retail logs off from crypto and Wall Street tunes in? Looking at bitcoin’s recent all-time-high, one would say it feels bullish and the industry is maturing. That might as well be the case, but we might not be there yet. So before we floor our Lambos, let’s look under the hood. First…
The cryptocurrency rally, which resumed late last month, is fast gathering pace, with Bitcoin (BTC) hitting a new high on Thursday morning. Bitcoin surpassed $111,000 for the first time to hit a new all-time high. Interestingly, the jump in Bitcoin came despite the broader market ending lower on Wednesday. Bitcoin had a robust 2024. Experts…
In a groundbreaking move to transform Pakistan into a global leader in digital innovation, the government has announced the allocation of 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power Bitcoin mining and artificial intelligence (AI) data centres. The government recently decided to legalise cryptocurrency to lure international investment…
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