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.
Analysts say Bitcoin’s next move hinges on whether new buyers can absorb ongoing whale selling, with volatility likely to persist as the market seeks a post-distribution equilibrium.
Keonne Rodriguez, CEO of Samourai Wallet, was sentenced Thursday to five years in prison for operating a cryptocurrency mixing service that prosecutors say laundered $237 million in illicit funds.
JPMorgan strategists say Bitcoin looks undervalued versus gold after a 20% drop in October caused by futures deleveraging and a $128 million DeFi hack.
Robinhood is weighing whether to add Bitcoin to its corporate treasury, with CEO Vlad Tenev saying the company is carefully evaluating the move despite rising crypto revenues.
Bitwise CIO Matt Hougan sees the crypto market nearing a bottom amid retail exhaustion, while Senator Cynthia Lummis urges U.S. banks to integrate digital assets into the financial system.
Japan’s Strategy equivalent isn’t slowing down. Metaplanet just tapped its $100 million Bitcoin-backed credit line to scoop up more bitcoin — doubling down as markets wobble.
Switzerland-based FUTURE raised CHF 28 million to expand as Europe’s leading institutional Bitcoin treasury platform, backed by investors Fulgur Ventures, Nakamoto, and TOBAM.