A known economist once again criticized the debt-fueled Bitcoin acquisition strategy of Michael Saylor’s Strategy Inc. despite the company’s decreasing share price. Leading economist Peter Schiff argued that Strategy Inc.’s decision to go on a […]
Concerns about a bear market are growing as Bitcoin ETF outflows ramp up dramatically alongside the ongoing volatility. Other hopes, like state-level Bitcoin Reserves, are failing, and it’s difficult to find a clear bullish trend. […]
On Feb. 25, Japanese investment firm Metaplanet announced that it had purchased an additional 135 BTC for around $96,000 per bitcoin. The $13 million buy has increased the firm’s total holdings to 2,235 BTC, worth […]
Montana lawmakers have rejected House Bill 429 during the House floor session. The bill would have allowed the state to hold Bitcoin (BTC) as a state asset. This comes after the bill advanced through the […]
VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firm’s analysts believe that this could be achieved by creating a one million Bitcoin […]
Today, approximately $2.04 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire, creating significant anticipation in the crypto market. Expiring crypto options often leads to notable price volatility. Therefore, traders and investors […]
Bitcoin network activity has fallen to its lowest level in a year as demand for the leading digital asset remains low. A report from the on-chain analytics platform CryptoQuant has revealed that the Bitcoin Network […]
Asset manager VanEck has stated that a Strategic Bitcoin Reserve could help mitigate the US’ growing debt, which currently stands at $36 trillion. To explore the potential effects of this idea, the firm has developed […]
Litecoin (LTC), ranked #15 on the list of largest cryptocurrencies by market cap, has been flexing its muscles lately, growing its value by 46% in slightly over two weeks. The asset, often overshadowed by flashier […]
As companies face stagnation and declining revenues, some turn to an unconventional strategy to regain investor interest—buying Bitcoin (BTC). Firms are now trying to emulate MicroStrategy (now Strategy), whose Bitcoin accumulation commitment continues to place […]
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