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Bitcoin

Ethereum Faces Critical Test as Altseason Hopes Remain Alive

February 27, 2025 by Arnold Potts

Ethereum (ETH) has experienced a significant drop of nearly 10% in the past 24 hours, falling from $2,721 on February 24 to $2,313 earlier today. This decline comes amidst a broader sell-off in the crypto market, which has seen a total market …

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Tags Bitcoin, Cryptocurrency, ethereum

Critics Slam Strategy Inc.’s Debt-Fueled Bitcoin Acquisition Strategy

February 27, 2025 by Arnold Potts

Renowned economist Peter Schiff has once again criticized the debt-fueled Bitcoin acquisition strategy of Michael Saylor’s Strategy Inc. despite the company’s decreasing share price. Schiff argued that Strategy Inc.’s decision to go on a buying spree of Bitcoin has led to shareholder …

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Tags Bitcoin, Cryptocurrency

Bitcoin ETF Outflows Exceed $1 Billion for Two Consecutive Weeks

February 25, 2025 by Arnold Potts

Bitcoin ETF outflows have surpassed $1 billion over two consecutive weeks, signaling a significant shift in investor sentiment towards the popular cryptocurrency. According to data from SoSoValue, U.S. spot Bitcoin exchange-traded funds recorded $559.41 million in net outflows in the past week, …

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Michael Saylor’s Strategy Continues Bitcoin Buying Spree with $1.99B Purchase

February 25, 2025 by Arnold Potts

Michael Saylor’s Strategy Continues to Make Waves with $1.99 Billion Bitcoin Purchase In a bold move that has sent shockwaves through the cryptocurrency world, Michael Saylor’s Strategy has announced the purchase of another $1.99 billion worth of Bitcoin. This latest acquisition comes …

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Tags Bitcoin, Cryptocurrency

Bitcoin Mining Difficulty Set to Drop on Sunday: Relief for Miners Expected

February 24, 2025 by Arnold Potts

Bitcoin miners are set to receive some relief as the network Difficulty is expected to drop in an upcoming adjustment this Sunday, according to on-chain data. The Difficulty, a feature built into the Bitcoin blockchain, controls how hard it is for miners …

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Bitcoin Price Holds Steady Amidst Stock Market Retreats: Nasdaq 100, S&P 500, SCHD

February 24, 2025 by Arnold Potts

Bitcoin price remained stable above $95,550 despite a significant retreat in popular American stock indices and exchange-traded funds. As of Saturday morning, Bitcoin (BTC) was trading above $96,550, showing resilience in the face of a market downturn. The S&P 500 index, a …

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Bitcoin’s Realized Volatility Nearing Historic Lows: Implications for Price Performance

February 23, 2025 by Arnold Potts

The price of Bitcoin was on the verge of reaching $100,000 on Friday, fueled by positive news from the United States Securities and Exchange Commission (SEC) dropping a lawsuit against crypto exchange Coinbase. However, the momentum was short-lived as the ByBit exchange …

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Microsoft’s Quantum Breakthrough: A Threat to Bitcoin’s Security

February 23, 2025 by Arnold Potts

Microsoft has recently unveiled a groundbreaking quantum computing technology that has the potential to revolutionize the future of Bitcoin and cryptography. The tech giant introduced the Majorana 1 chip, a significant step towards creating a utility-scale quantum computer. While this innovation holds …

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Tags AI, Bitcoin, Cryptocurrency

Coinbase Calls on US Congress for Crypto Regulation, Highlights 6 Key Priorities

February 22, 2025 by Arnold Potts

Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, has called on US lawmakers to create a comprehensive regulatory framework that will support the growth of the cryptocurrency industry and protect American investors. In a blog post shared on Wednesday, Shirzad outlined six key …

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Tags Bitcoin, ethereum

Former Cantor Fitzgerald CEO Howard Lutnick Confirmed as US Secretary of Commerce: What This Means for Trade Policy and Bitcoin

February 21, 2025 by Arnold Potts

Howard Lutnick, a prominent figure in the financial industry and a strong advocate for Bitcoin, has been appointed as the United States Secretary of Commerce. The Senate confirmed his appointment with a narrow 51-45 vote, placing him in a key position overseeing …

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Tags Bitcoin, Cryptocurrency
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Bitcoin

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