Category Archives: Bitcoin (BTC)

MicroStrategy cofounder Michael Saylor recently told Bloomberg that the company would overhaul its fundraising strategy to add more “intelligent” leverage. As reported by U.Today, MicroStrategy announced plans to raise a total of $42 billion over the course of three years in October.  However, the business intelligence firm is now well ahead of its fundraising target.  “When we […]

exSat, a Bitcoin scaling solution provider, has announced a $5 million developer incentive program aimed at driving innovation and transformative applications within the Bitcoin ecosystem.  The initiative will roll out in 2025, starting with an Ideathon in January and culminating in a showcase at the Bitcoin 2025 conference in Las Vegas. The Ideathon invites developers, […]

This year, the correlation between the cryptocurrency market and traditional finance is more entrenched than ever before. This was largely due to the introduction of Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds, the arrival of BlackRock, VanEck, Fidelity and many other giant financial institutions to the market.  On the one hand, the market has seen a great leap […]

According to the recently published CNBC CFO Council quarterly survey, 78% of chief financial officers (CFOs) continue to view Bitcoin as a highly speculative investment.  Unfortunately for Bitcoin advocates, only a minuscule 7% of CFOs view the leading cryptocurrency as a store of value.  Related Despite the fact that the cryptocurrency achieved impressive institutional acceptance milestones […]

According to data provided by CoinGlass, more than $1.2 billion worth of crypto has been liquidated over the past 24 hours.  Long positions, unsurprisingly, account for the vast majority of the wipeout ($1.07 billion).  The largest single liquidation order took place on Binance, with one trader losing nearly $16 million.  Binance comes in first place […]

The US Securities and Exchange Commission (SEC) has greenlit two Bitcoin/Ether combo exchange-traded funds (ETFs) proposed by Hashdex and Franklin Templeton.  The approval order stated that these products are “substantially similar” to the existing spot-based Bitcoin and Ethereum ETFs that were approved by the agency earlier this year.  Nate Geraci, president of The ETF Store, […]

Blockstream CEO Adam Back has weighed in on the most recent controversy surrounding Bitcoin and financial titan BlackRock.  According to the prominent British cryptographer, who was cited in Satoshi Nakamoto’s white paper, the scarcity of the leading cryptocurrency is not under threat despite some speculation within the community.  Earlier this week, MicroStrategy’s Michael Saylor shared […]

Cover image via U.Today 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 […]

Cover image via u.today 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 […]

While the crypto market continues to wipe out deposits on a large scale and liquidate overly greedy and late traders, large-scale cryptocurrency transfers involving unknown wallets continue to take place in the background. One such attention-grabbing transfer was the transfer of 666 BTC, which at current prices is equivalent to $62.17 million. According to Whale Alert, this […]