Browsing: Bitcoin & Altcoins

Japanese public company Metaplanet has made a significant move in the world of cryptocurrency, announcing its purchase of ¥1 billion (approximately $6.25 million) worth of Bitcoin. This decision marks the company’s entrance into the realm of digital assets, positioning Bitcoin as a key

In a pivotal moment for the cryptocurrency realm, U.S. legislators have introduced a game-changing bill that promises to reshape the landscape of Bitcoin and the broader crypto market. This move comes amid heightened volatility following Bitcoin’s recent halving event, amplifying

JPMorgan CEO Jamie Dimon has once again unleashed his scathing critique of Bitcoin, branding the popular cryptocurrency as a “fraud” and likening it to a “Ponzi scheme.” In an interview with Bloomberg TV, Dimon dismissed Bitcoin’s viability as a currency,

Bitcoin’s trajectory resembles a turbulent rollercoaster ride as the looming prospect of the Bitcoin “halving” event casts a shadow over the market. Following Hong Kong’s green light for spot Bitcoin ETFs, the leading cryptocurrency surged on Monday, only to plummet

In a swift and tumultuous turn of events, the cryptocurrency market witnessed a significant downturn on Friday evening, followed by another violent plunge on Saturday. This downward spiral resulted in a massive outflow of approximately $200 billion from the entire

Genesis, a cryptocurrency lending firm currently undergoing bankruptcy proceedings, has made a significant move by selling off 36 million shares of the Grayscale Bitcoin Trust (GBTC) to secure additional Bitcoin (BTC) and settle its outstanding debts. The sale, executed on

Bitcoin faced a downturn early Monday, slipping below the $70,000 mark as volatility surged in anticipation of this month’s looming block reward halving. Currently trading at around $69,565, Bitcoin experienced a 1.1% dip within the day, according to data from

In a recent development, the Arizona State Senate has turned its attention towards incorporating Bitcoin exchange-traded funds (ETFs) into two of the state’s retirement portfolios. This move comes as a part of a resolution that is currently under review, aiming

Bitcoin adoption in El Salvador has proven to be a lucrative venture for the government, as it has amassed significant profits, with its Bitcoin holdings now valued at over $164 million. According to data from BitcoinTreasuries, the country’s holdings have