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Bitcoin

Bitcoin Analyst Warns of Continued Price Stagnation: No Major Rally Until Mid-September

August 17, 2024 by Arnold Potts

Cryptocurrency analyst and trader, Bob Loukas, has issued a cautionary statement to investors regarding the current price stagnation of Bitcoin. With the leading cryptocurrency consolidating between the $58,000 and $61,000 price levels, Loukas predicts that no major rally will take place before …

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Marathon Digital Boosts Bitcoin Holdings with $249m Purchase After $300m Fundraising

August 16, 2024 by Arnold Potts

Marathon Digital, the largest public Bitcoin miner by realized hash rate, has made a significant investment in Bitcoin after raising $300 million from a convertible senior notes offering. The company announced on August 14 that it had purchased $249 million worth of …

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Bitcoin Miner Reserves Hit 5-Year Lows: What This Means for the Crypto Market

August 15, 2024 by Arnold Potts

Bitcoin Miner Reserves Reach 2021 Levels, What This Means The Bitcoin market has been closely watching the movements of Bitcoin miner reserves as they can serve as a key indicator of potential sell-offs in the cryptocurrency. Typically, when miner reserves are high, …

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Tags Bitcoin, Cryptocurrency

Marathon Digital Holdings Announces $250M Offering to Buy More Bitcoin

August 13, 2024 by Arnold Potts

Marathon Digital Holdings, the world’s largest Bitcoin mining firm, has recently announced a significant financial move by offering $250 million in convertible senior notes due in 2031 in a private offering to qualified institutional buyers. Additionally, the company is considering selling an …

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Crypto Whale Makes $3.13M Investment in PEPE During Market Turmoil

August 13, 2024 by Arnold Potts

A Crypto Whale has made headlines in the cryptocurrency world after purchasing $3.13 million worth of PEPE coins amid market turmoil. The investor, identified by the wallet address cookislandstrust.eth, began accumulating PEPE coins last week during a significant market dip that saw …

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Tags Bitcoin, Cryptocurrency, ethereum

Stripe and Bitstamp Join Forces to Expand Operations in Europe: A Strategic Partnership for Crypto Innovation

August 10, 2024 by Arnold Potts

Stripe, a leading financial infrastructure platform focused on democratizing the crypto industry, has recently announced a strategic partnership with Bitstamp, a popular crypto exchange backed by Robinhood, to expand their operations in Europe. This partnership aims to strengthen their presence in the …

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Tags Bitcoin, ethereum, Solana

Peter Brandt Predicts Bitcoin Price Surge with Rare Chart Pattern

August 9, 2024 by Arnold Potts

Bitcoin price could rise if this rare pattern works, says Peter Brandt Renowned technical analyst Peter Brandt has identified a rare chart pattern that could potentially propel the price of Bitcoin significantly higher in the coming months. In a recent post, Brandt, …

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California Implements New Regulations for Bitcoin ATMs: What You Need to Know

August 8, 2024 by Arnold Potts

Chico, California, a city in Butte County, is preparing for new regulations regarding Bitcoin ATMs as part of statewide efforts to implement comprehensive crypto regulations by 2025. The state of California is home to 2,872 crypto ATMs, with Chico alone having 347 …

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Tags Bitcoin, Cryptocurrency

JPMorgan Predicts Buy-The-Dip Opportunity in Crypto Market Recovery

August 7, 2024 by Arnold Potts

JPMorgan, one of the largest banking institutions in the world, has recently made a bold statement regarding the current state of the cryptocurrency market. In the midst of a widespread liquidation across various asset classes, JPMorgan believes that a “buy-the-dip” opportunity is …

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Tags Bitcoin, Cryptocurrency, ethereum

The Power of Bitcoin: A Bullish Outlook from Leading Researcher Jeff Park

August 7, 2024 by Arnold Potts

Leading researcher Jeff Park, Head of Alpha Strategies at Bitwise, has presented a bullish outlook on Bitcoin, highlighting the historical economic decisions and current global financial conditions that he believes make the cryptocurrency’s future “unbelievably powerful.” With Bitwise operating the fourth-largest spot …

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