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Micah Zimmerman

Micah Zimmerman
15 POSTS0 COMMENTS
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

Cipher Mining (CIFR) and TeraWulf (WULF) Get Morgan Stanley Nod; Marathon (MARA) Rated Underweight

NEWS Micah Zimmerman -
Morgan Stanley initiated coverage on Cipher Mining and TeraWulf with Overweight ratings while downgrading Marathon to Underweight.

Bernstein Calls Current Bitcoin Selloff the ‘Weakest Bear Case in History,’ Reaffirms $150K Target for 2026

MARKETS Micah Zimmerman -
Bernstein reiterated a bullish view of bitcoin, calling the current bitcoin price downturn “weak” and they reiterated a $150,000 price target by the end of 2026.

Bitcoin Miner Cango Sells Millions in Bitcoin to Cut Debt and Fund AI Expansion

NEWS Micah Zimmerman -
Bitcoin miner Cango said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million.

Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

NEWS Micah Zimmerman -
Strategy bought another 1,142 bitcoin for about $90 million at an average price of $78,815 per bitcoin.

Bitcoin Price Reclaims $71,000 as Institutions Buy the Dip and Retail Interest Surges

MARKETS Micah Zimmerman -
After a rocky week, the bitcoin price is trading above $71,000.

Bithumb Bitcoin Blunder Sends $44 Billion to Users, Rattles Crypto Markets 

NEWS Micah Zimmerman -
Bithumb triggered a major market shock after an employee mistakenly sent billions of dollars worth of bitcoin to users instead of small cash rewards.

Strategy ($MSTR) Soars 25% as Bitcoin Rebounds

MARKETS Micah Zimmerman -
Strategy ($MSTR) surged sharply Friday, lifting more than 25% at times.

Bitcoin Price Roars Above $71,000 After Days of Sell-Offs

MARKETS Micah Zimmerman -
The bitcoin price rebounded above $71,000 today after days of large-scale selling.

Michael Saylor Says Strategy ($MSTR) Will Lead Global Bitcoin Effort Against Quantum Threats

NEWS Micah Zimmerman -
Strategy (MSTR) is moving to take a more active role in preparing Bitcoin for potential future threats from quantum computing.

Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

NEWS Micah Zimmerman -
Bithumb reportedly made a mistake that led to the accidental deposit of large amounts of Bitcoin to various users.
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