Strategy, the biggest corporate Bitcoin owner, is trying to ease worries about its money situation after Bitcoin's recent price drop. They've introduced a new credit rating tool that shows how much stock value they have and how long they can keep paying dividends, even if Bitcoin's price stays the same. This new tool shows that even if Bitcoin drops to their average...
Bitcoin ETFs are making headlines, but not everyone agrees on what the numbers mean. BlackRock's iShares Bitcoin Trust (IBIT) has been sliding, and people are talking about it. Some say the charts showing money leaving the ETF are wrong. Others say it's just a normal market move. Eric Balchunas, a senior ETF analyst at Bloomberg, said a viral chart about IBIT was "w...
A Dutch company has just received a special permit to offer Bitcoin services across Europe. This permit is under a new set of rules called MiCA. These rules are designed to make crypto services safer and more reliable. The company, Blockrise, can now offer services like keeping Bitcoin safe, trading it, and managing Bitcoin investments. They can do this in any Europ...
Bitcoin's price has been on a rollercoaster, recently bouncing back to around $88, 000 after a dip towards $80, 000. While this might seem like good news, there's a lot going on beneath the surface that's causing concern. First off, the market's liquidity has taken a hit. Liquidity refers to how easily assets can be bought or sell without affecting the price. Bitcoi...
Bitcoin, the first cryptocurrency, has been on a rollercoaster ride lately. After a rough patch, things seem to be calming down. The price has been holding steady around $88, 000, which is a big improvement from last week's drop. That drop was so bad it hit a seven-month low and wiped out over $1 trillion from the entire crypto market. This recent stability has give...
Bitcoin is currently trading at around $86, 000, but the real story is what's happening in the minds of investors. Experts are pointing out that the value of bitcoin is heavily influenced by what people believe it's worth. This is not a new idea, but it's becoming more important as the market faces challenges. The concept, often referred to as the "Tinkerbell effect...
MicroStrategy, the big company that owns a lot of bitcoin, didn't buy any last week. This is unusual because they usually buy some every week. The last time they bought was six weeks ago. They have 649, 870 bitcoins now. They bought each one for about $74, 433. The company is not doing well. Its stock price is way down, about 70% less than its highest point. It's al...
The Trump family's fortune took a hit due to the recent crypto market downturn. Their investments in digital currencies have not been as profitable as they hoped. The value of a memecoin linked to Trump's brand has dropped by about 25% since August. Eric Trump's investment in a Bitcoin mining project has lost about half its value from its peak. Additionally, shares o...
The crypto world saw some big action this past week. Let's break it down. First up, a Bitcoin whale made a huge splash. Owen Gunden, an early Bitcoin investor, sold off his entire stash. That's right, he cashed out a cool $1. 3 billion worth of Bitcoin. He's been holding onto these coins since 2011. This sale happened during a rough patch for Bitcoin, with prices dr...
A major player in the crypto ATM world is at a crossroads. Crypto Dispensers, based in Chicago, is thinking about selling the company for up to $100 million. This comes at a tough time, as the company's CEO is facing serious money laundering charges. The company recently said it's looking into its options, including a possible sale. They've moved away from physical ...