Bitcoin’s price has fallen to $108,890 after a massive whale sell-off of 24,000 BTC. The Fear and Greed Index hovers near fear, while Bitcoin’s hash rate approaches record highs.
The bitcoin price is yo-yoing around like a piñata. What is going on? Who shoved it? And what’s it to do with Powell, the Fed, the bitcoin treasury companies and, uh, just ordinary markets doing markets-y things?
Bitcoin price fell below $112,000 as Japanese firm Metaplanet announced the purchase of 103 BTC worth $11.7 million, bringing its total holdings to 18,991 BTC ($2.2 billion), while simultaneously being upgraded to mid-cap status in the FTSE Japan Index. The move highlights the growing trend of corporate Bitcoin treasury strategies.
The weekly bitcoin price overview from your glorified price therapist, I’m here to remind you again that market prices move for reasons nobody can point to. Whatever bitcoin's price does means absolutely nothing for the broader reasons why we’re here.
With Bitcoin price holding above $113,000, Hong Kong-based Ming Shing Group Holdings announced plans to acquire 4,250 BTC for $483 million at an average price of $113,638 per Bitcoin through convertible notes and warrants.
Kenneth Rogoff spoke, and the Bitcoin hornet’s nest awoke.
When the celebrated Harvard economist and former chief economist at the IMF yesterday publicly confessed that...
Bitcoin price dropped below $115,000 as Metaplanet acquired 775 BTC for $93 million at $120,006 per coin, bringing its holdings to 18,888 BTC, while Strategy purchased 430 BTC for $51.4 million, increasing its total to 629,376 BTC.
With bitcoin treasury companies bringing Wall Street into hype mode and new Saylor contenders launching weekly, what's a Bitcoiner supposed to do? At this, our fiat end times, mNAVs games and regulatory arbitrage are either a recipe for disaster or the blueprint for unbelievable wealth.
The bitcoin price is up 600% this cycle, but is it really shining? This deep dive compares BTC to Gold & tech stocks, revealing a surprising truth about its performance.