Category Archives: Bitcoin (BTC)

In a surprising turn of events today, a substantial amount of Bitcoin — 1,000 BTC, valued at around $62 million — was observed being transferred from a Tron DAO account to an unfamiliar wallet identified only as “16aFk.” This sizable transaction, flagged by Whale Alert, sparked intrigue within the cryptocurrency community. Related What adds to the […]

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According to a recent regulatory filing, Swiss banking giant UBS owns 3,600 shares of BlackRock’s iShares Bitcoin Trust (IBIT).   Earlier this year, UBS decided to allow some of its customers to trade Bitcoin ETFs. However, accounts with a lower level of risk tolerance are barred from getting exposure to the new funds. Moreover, UBS is not […]

Famous CNBC host Jim Cramer recently took aim at business intelligence MicroStrategy. The 69-year-old “Mad Money” host recently warned his audiences against buying the company’s stock.  Those who want to get exposure to Bitcoin should purchase the largest cryptocurrency directly, according to Cramer.  The bull case  MicroStrategy has substantially outperformed Bitcoin on a year-to-date basis.  […]

Styled as the “Bitcoin Conference on the Sunny Side of the Alps,” an upcoming event in Maribor, Slovenia, Nov. 8-9, will commemorate the first 10 years of operation of the hashrate marketplace launched by two Slovenian students in 2014. NiceHash invites Bitcoin enthusiasts to Maribor for NiceHashX 2024 global conference NiceHash, an industry-leading proof-of-work (PoW) […]

Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

In a recent post on the X social media network, MicroStrategy co-founder Michael Saylor has predicted that US pension funds, which collectively manage more than $27 trillion in assets, will need “some Bitcoin.” His prediction is now far-fetched. In a Tuesday filing, the State of Wisconsin Investment Board (SWIB), the agency that manages the state’s public […]

In a development that has captured the attention of the cryptocurrency community, Whale Alert, a platform tracking large cryptocurrency transactions, has reported the transfer of 7,999 Bitcoin (BTC) from the prominent U.S. exchange Coinbase to an undisclosed address. At the current market rate of approximately $62,200 per BTC, this transaction amounts to nearly half a billion dollars. […]

According to Eric Balchunas, Bloomberg’s senior ETF manager, investment advisory firm Pine Ridge Advisers has emerged as yet another major holder of Bitcoin ETFs.  The firm has snapped up an impressive $205 million worth of shares of Bitcoin ETFs from such issuers as BlackRock’s IBIT, Fidelity’s IBIT, and Bitwise’s BITB. Notably, the sum accounts for 23% […]

Minneapolis Federal Reserve Bank President Neel Kashkari has once again taken aim at Bitcoin by claiming that the world’s largest cryptocurrency by market capitalization has “little” practical use.  During his Wednesday appearance at the Williston Basin Petroleum Conference 2024, he opined that Bitcoin is not an investment or a currency.  Of course, Kashkari has been […]