Category Archives: Bitcoin (BTC)

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According to blockchain analytics platform Lookonchain, a whale recently purchased a whopping $395 million worth of Bitcoin (BTC).  The whale purchased $794 million worth of Bitcoin during the 2022 bear market.  The whale made more than $1 billion after selling 37,000 ($1.74 billion) at an average price of $46,800 in 2023 and 2024. Related This is […]

Ripple’s Chief Technology Officer David Schwartz has drawn a comparison between the SEC’s handling of Ethereum and China’s past management of Bitcoin. This comes after Consensys, the developer behind the MetaMask wallet, indicated that the SEC is likely to close its investigation into Ethereum. Related Neil Hartner, a software engineer at Ripple Payments, added a touch […]

Business intelligence firm MicroStrategy has scooped up an additional 11,931 Bitcoins for a whopping $786 million, according to a Thursday announcement. They were acquired at an average price of $65,883 per coin. The company now holds a total of 226,331 Bitcoins, which makes it the largest corporate holder of the flagship cryptocurrency by a large […]

Argentinian President Javier Milei has expressed his support for the free competition of currencies, including Bitcoin. This announcement has been well received by many in the cryptocurrency community. However, Max Keiser, a well-known Bitcoin advocate and advisor to the president of El Salvador, has advised Milei to be cautious about including other cryptocurrencies, such as Ethereum. Keiser […]

MicroStrategy co-founder Michael Saylor has already pitched Bitcoin to Michale Dell, claiming that it represents “digital scarcity.” This comes after the chief executive officer of US computer giant Dell recently stirred excitement among Bitcoiners with his Thursday social media post. “Scarcity creates value,” Dell wrote on X, seemingly alluding to Bitcoin’s fixed supply limit.  The cryptic social […]

Michael Dell, chief executive officer of computer giant Dell, has stirred a wave of excitement within the cryptocurrency community after posting an AI-generated picture of a cookie monster gobbling up Bitcoin.  The social media post has led to more speculation about the centibillionaire potentially warming up to the largest cryptocurrency.  As reported by U.Today, Dell vaguely […]

Renowned venture capitalist Naval Ravikant opined that Bitcoin (BTC) is the only true L1 in terms of store of value, while alternative blockchains are only competing for the best medium of exchange status. Crypto commentators are sure that the picture is more nuanced. Naval Ravikant calls Bitcoin (BTC) true store of value Iconic venture investor […]

MicroStrategy co-founder Michael Saylor recently took to X (formerly Twitter) to highlight Bitcoin’s dominance over every other asset class.  The chart shows that Bitcoin’s cumulative returns have reached 21,372,237% since 2011.  The nascent cryptocurrency dwarfs the returns of gold, tech stocks, and other assets.  Bitcoin has also outperformed every other asset class on an annualized basis, […]

James Check, the lead analyst for Glassnode, has noted that tech giant Nvidia has now surpassed Bitcoin in terms of search interest.  As reported by U.Today, the chip maker managed to top Microsoft by market capitalization last week, becoming the most valuable company in the world for the first time.  The shares of the Santa Clara, […]