Bitcoin’s Surge Creates Around 1,500 Millionaire Wallets Daily
Bitcoin’s recent surge to new all-time highs is creating a fresh wave of crypto millionaires, with around 1,500 wallets joining the seven-figure club each day.
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XRP Squeeze, Ethereum’s $4,000 Test, Bitcoin’s $70,000 Barrier
This article analyzes the current technical setup of three major cryptocurrencies: XRP’s consolidation around its moving averages, Ethereum’s approach towards the $4,000 resistance level, and Bitcoin’s struggle to breach the $70,000 mark.
BlackRock’s Bitcoin ETF Hits $1 Billion in Assets Under Management
BlackRock’s Bitcoin exchange-traded fund (ETF), IBIT, has reached a significant milestone by amassing over $1 billion in assets under management. This achievement highlights the increasing interest and adoption of digital assets within traditional investment circles.
Elon Musk’s Tesla and SpaceX Revealed to Hold $1.3 Billion Bitcoin Stash
A new report by Arkham Intelligence has uncovered that Elon Musk’s companies, Tesla and SpaceX, collectively hold around $1.3 billion worth of Bitcoin, significantly more than previously estimated.
Bitcoin Poised for Rapid Price Surge to $138,000
According to Anthony Pompliano, the founder of Pomp Investments, Bitcoin (BTC) could double in price to $138,000 within the next few weeks, following a years-long bull trend and the asset’s recent break of its previous all-time high of $69,000.
Hut 8 Shuts Down Canadian Bitcoin Mining Farm Over High Energy Costs
Crypto miner Hut 8 is closing its Bitcoin mining site in Drumheller, Alberta due to elevated power prices and voltage problems despite the facility accounting for just 1.4% of its total hash rate.
Bitcoin’s Meteoric Rise Inevitable, But Spot ETFs Turbo-Charged the Rally, Experts Say
Bitcoin (BTC) reached a new all-time high above $69,000, just two months after the approval and launch of several spot Bitcoin ETFs, raising questions about whether the ETFs accelerated this bull run.
Bitcoin Soars to Two-Year High, Nears Record Levels
Bitcoin rallied to a two-year high today, breaking above $68,000 as a surge of investment flows propelled the cryptocurrency within striking distance of its all-time record. The price hit a session high of $68,580, just shy of the record $68,999.99 set in November 2021.
China Warns Against Bitcoin Risks Despite Crypto Trading Ban
Chinese state media outlet Economic Daily cautioned investors about Bitcoin risks amid the crypto’s price rally, as China maintains its ban on crypto trading and services.
AfreecaTV BJ Star Loses $1.6M in Elaborate Crypto Scam
A South Korean court has jailed a crypto scammer for 5 years for stealing over $1.6 million worth of crypto from an AfreecaTV broadcasting star through an elaborate scheme involving fake Bitcoin wallets and investment promises.