Tag: bitcoin
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Bitcoin’s Price Bottom Under Scrutiny as Market Cap Recaptures $2 Trillion Amidst Downtrend
Bitcoin’s price bottom has been a key topic of discussion among cryptocurrency market participants this month, as the leading cryptocurrency continues its downtrend following a 1.58% drop in total market cap. Market players have since shared multiple predictions for Bitcoin’s bottom—the lowest price point that Bitcoin could reach during a significant price decline. The cryptocurrency…
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Strategy CEO Phong Le Reassures Investors on Balance Sheet Resilience Amidst Bitcoin Volatility
Strategy CEO Phong Le has moved to assuage investor concerns regarding the company’s financial standing, asserting that its balance sheet remains robust despite recent fluctuations in Bitcoin’s price. Le emphasized that a significant and prolonged downturn in the cryptocurrency’s value would be required before its debt obligations pose a substantial threat. These statements arrive as…
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British Judge Rejects Welsh IT Worker’s Bid to Excavate Landfill for Lost Hard Drive Containing 8,000 Bitcoin Worth Over $600 Million
A British court has delivered a definitive blow to one of the most high-profile and long-running sagas in the history of cryptocurrency, dismissing a legal bid by James Howells to excavate a municipal landfill in search of a discarded hard drive. The device, which was mistakenly thrown away during a household cleanup in 2013, contains…
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MicroStrategy Acquires an Additional 17,994 Bitcoin, Boosting Holdings to 738,731 BTC Amidst Market Activity
Michael Saylor’s business intelligence firm, MicroStrategy, has significantly expanded its Bitcoin holdings by acquiring an additional 17,994 BTC. The purchase, valued at approximately $1.28 billion, was executed at an average price of roughly $70,946 per Bitcoin. This strategic acquisition, as of March 8, 2026, brings MicroStrategy’s total Bitcoin reserves to an impressive 738,731 BTC. The…
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Peter Schiff Predicts Catastrophic $12,000-$5,000 Bitcoin Crash, Imperiling MicroStrategy’s Treasury Strategy
Prominent gold advocate and outspoken Bitcoin critic, Peter Schiff, has reiterated his dire predictions for the cryptocurrency, asserting that a significant price drop could spell complete ruin for MicroStrategy’s (MSTR) corporate treasury strategy. Schiff’s latest pronouncements, delivered via a series of pointed social media posts, directly challenge any notion that the business intelligence firm, heavily…
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Japanese Firm Metaplanet Issues $50 Million in Zero-Interest Bonds to Accelerate Bitcoin Accumulation, Signaling Broader Corporate Shift
Japanese investment firm Metaplanet has significantly amplified its commitment to Bitcoin by announcing the issuance of 8 billion yen, equivalent to approximately $50 million, in non-interest bearing ordinary bonds. This substantial capital raise is earmarked exclusively for the further acquisition of Bitcoin, underscoring a deepening corporate conviction in the digital asset as a strategic treasury…
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Grayscale Launches New Bitcoin Miners ETF MNRS to Provide Targeted Exposure to Crypto Infrastructure Firms
The digital asset management landscape reached a new milestone this week as Grayscale Investments, the world’s largest crypto-focused asset manager, officially debuted its latest investment vehicle, the Grayscale Bitcoin Miners ETF (MNRS). This new exchange-traded fund is designed to offer investors a streamlined way to gain exposure to the companies responsible for securing the Bitcoin…
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Binance CEO Changpeng Zhao Predicts Bitcoin’s Superiority Over AI in Combating Inflation
Binance founder Changpeng Zhao, widely known as CZ, has recently ignited a fresh debate within the financial and technological spheres by drawing a stark contrast between the capabilities of Artificial Intelligence (AI) and Bitcoin in addressing the persistent issue of inflation. While acknowledging the transformative potential of AI across various sectors, Zhao posited that it…
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MicroStrategy Acquires Over $1.5 Billion in Bitcoin, Expanding Corporate Treasury Holdings
MicroStrategy, a business intelligence firm led by prominent Bitcoin advocate Michael Saylor, has announced a significant new acquisition of Bitcoin (BTC), further solidifying its position as one of the largest corporate holders of the cryptocurrency. The company has purchased an additional 22,337 BTC for approximately $1.57 billion, a move that underscores its unwavering commitment to…
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Bitcoin Surges Amidst Bullish Technical Signals and Renewed Institutional Demand
Bitcoin’s technical indicators have converged to present a notably optimistic outlook, signaling a potential immediate upward trajectory for the cryptocurrency. A confluence of three bullish signals on the 12-hour chart—a Tom DeMark Sequential indicator buy signal, a bullish divergence in the Relative Strength Index (RSI), and a SuperTrend flip—suggests a significant shift in market momentum.…
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