Bitcoin

Published May 13, 2024

Bitcoin Back At $60k as Market Fails to Build on Recent Momentum

Bitcoin has lost 1% of its value over the last 24 hours and is trading below $61k after failing to build on its recent momentum.

 Hassan Maishera

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Published May 10, 2024

Canaan Unveils New Energy-Efficient Miner A1566 at Bitcoin Asia 2024

Canaan unveiled its latest mining innovation at the Bitcoin Asia 2024 conference.

 Nikolas Sargeant

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Published May 10, 2024

Arch Labs Secures $7 Million Investment for Bitcoin-Native Application Platform

Arch Labs has secured a $7 million investment to develop a Bitcoin-native application platform, with Multicoin Capital leading the seed funding round alongside other notable participants.

 Nikolas Sargeant

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Published May 10, 2024

Bitcoin Tops $63k as BoE Signals Possible Rate Cuts this Summer

Bitcoin touched the $63k level on Thursday after the Bank of England kept the interest rate steady at 5.25% and hinted at a possible rate cut this summer.

 Hassan Maishera

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Published May 7, 2024

BTC Dips Below $64k as SEC Targets More Crypto Companies

Bitcoin has lost more than 1% of its value in the last 24 hours and is now trading above $63k as the US SEC comes after Robinhood Crypto.

 Hassan Maishera

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Published May 6, 2024

Hong Kong's Spot Bitcoin ETFs Garner $230 Million in AUM During Debut Week

Within the first week of their launch, Hong Kong's spot Bitcoin exchange-traded funds (ETFs) have accumulated $230 million in assets under management (AUM).

 Nikolas Sargeant

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Published May 6, 2024

Bitcoin Eyes $65k, Arthur Hayes Predicts Correction is Likely Over

Bitcoin is eyeing the $65k psychological level after adding more than 1% to its value over the weekend, with Arthur Hayes predicting that the market correction is likely over.

 Hassan Maishera

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Published May 3, 2024

Block's Pro Bitcoin Stance Reinvesting 10 Percent of Profits Into Bitcoin Monthly

Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed.

 Nikolas Sargeant

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Published May 3, 2024

Bitcoin Touches $60k as Market Reverses Recent Losses

Bitcoin briefly touched the $60k level on Thursday after adding more than 3% to its value as the broader market slightly recovered from its recent losses.

 Hassan Maishera

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Published May 2, 2024

Bitcoin Drops Below $58k as Fed Leaves Rates Unchanged

Bitcoin dropped below the $58k level on Wednesday despite the US Federal Reserve leaving interest rates unchanged during yesterday’s FOMC meeting.

 Hassan Maishera

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Published May 1, 2024

Bitcoin Dips to $60k on Hong Kong ETF Debut

The Hong Kong Bitcoin ETF debut didn’t spark a reversal in the market trend, with Bitcoin losing 5% of its value to now trade at around $60k per coin.

 Hassan Maishera

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Published April 30, 2024

Asia's First Bitcoin and Ethereum ETFs Debut on Hong Kong Stock Exchange

Hong Kong Stock Exchange launches pioneering spot Bitcoin and Ethereum ETFs, expanding investment options in virtual assets. Competition heats up in Asia's ETF market.

 Nikolas Sargeant

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Published April 30, 2024

Alliance Resource Explores Bitcoin Mining and Amasses 425 BTC

NASDAQ-listed Alliance Resource, valued at $2.8 billion, ventures into crypto mining, extracting 425 bitcoins worth $30 million using surplus electricity.

 Nikolas Sargeant

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Published April 30, 2024

MicroStrategy Buys Additional 122 Bitcoins, Records Q1 Operational Loss of $53.1M

MicroStrategy continues its Bitcoin buying spree after acquiring 122 BTC in April despite recording a $53.1 million operations loss in Q1.

 Hassan Maishera

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Published April 30, 2024

Bitcoin Hovers Above $63k, Down By 9% in April

BTC lost 9% of its value in April despite the Bitcoin halving earlier this month and now trades above $63k per coin.

 Hassan Maishera

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