In a recent Bloomberg report, it has been revealed that the market value of crypto assets is expected to witness a remarkable surge, nearly tripling to $7.5 trillion by 2025. Wall Street Firm Predicts “Monster Of A Crypto Cycle” The next few years are likely to usher in a “monster of a crypto cycle,” according…
American business intelligence and software development company, MicroStrategy has unveiled new plans to acquire an additional Bitcoin, further bolstering its already substantial BTC holdings. MicroStrategy Mega Bitcoin Purchase In The Works In a recent press release published on MicroStrategy’s official website, the software development company announced plans to raise $500 million in convertible debt offerings…
The ongoing Bitcoin surge is proving lucrative for a crypto whale. According to Lookonchain data on March 13, one large BTC address has raked in $217 million in profits after prices rose above $73,000 earlier today. Profits would have even been higher because, over the past, the whale has been unloading large amounts via Binance, the world’s…
The CEO of Jan3 and Bitcoiner, Samson Mow, is still standing by his prediction that Bitcoin could hit $1 million sooner rather than later. During a recent interview, he explained why he is sticking to his ambitious price prediction. Why Bitcoin Would Hit $1 Million This Year Mow mentioned during an interview with ‘What Bitcoin…
As the Bitcoin price continues on an upward trajectory that has sent it toward new all-time highs, breaking above $73,000 this week. With this increase, the vast majority of BTC holders are currently seeing a profit, and large whales are taking advantage of this to cash out some profit. Large Bitcoin Whales Sell-Off Coins Crypto…
In a recent development, the founder of “Bitcoin Fog,” a cryptocurrency-mixing service, was found guilty by a federal jury in Washington of helping to launder tens of millions of dollars from darknet markets notorious for illegal drug sales. Multi-Million Dollar Crypto Money Laundering Case According to a Bloomberg report, Roman Sterlingov, a 35-year-old Russian-Swiss national,…
Since the price of Bitcoin broke its previous all-time high, it has shown immense momentum, surging even higher, surpassing the $72,000 price mark, while leading the charge to what is considered the “biggest bull run in history.” Bitcoin Lengthening Cycles Beyond Previous All-Time High Many crypto analysts predict the world’s largest cryptocurrency will peak within…
Ki Young Ju, the founder of CryptoQuant, a crypto analytics platform, predicts a severe Bitcoin “sell-side liquidity crisis” in the next six months. In this event, the founder thinks that not only will prices erupt to new levels, surpassing expectations, but the crisis will likely lead to a market disruption. Bitcoin Records New All-Time Highs Bitcoin is…
Michael Saylor has announced MicroStrategies purchase of an additional 12,000 Bitcoins, bringing MicroStrategy’s total holdings to 205,000. Saylor, who emphasized to CNBC, Bitcoin’s potential to surpass gold as a store of value says this brings MicroStrategy’s total holdings to 205,000. Source: XThe move was signaled when MicroStrategy recently announced plans to issue $600 million in…
As Bitcoin (BTC) continues its remarkable ascent, reaching a new all-time high (ATH) of $72,300, investors wonder when the current bull market will peak. Considering historical data and the upcoming halving event scheduled for April 2024, crypto analyst Rekt Capital has provided insights into potential timing. Bitcoin Peak Expected Sooner Than Expected? By examining previous…