Bitcoin’s recent market movements have raised concerns about its future direction, although long-term bulls remain confident.
Hut 8, a prominent Bitcoin mining company, has made a major investment, acquiring 990 Bitcoins for roughly $100 million.
El Salvador recently added $1 million in Bitcoin to its Strategic Bitcoin Reserve, just a day after finalizing a $1.4 billion financing agreement with the International Monetary Fund (IMF).
Hong Kong has granted licenses to four additional cryptocurrency exchanges, reinforcing its goal to become a leading global crypto hub.
The cryptocurrency market witnessed a dramatic shift on December 19 as Bitcoin ETFs recorded their largest single-day outflows of the year, totaling $671.9 million.
Bitcoin and other cryptocurrencies experienced significant declines after Federal Reserve Chairman Jerome Powell made hawkish remarks, signaling a continued tight monetary policy.
An expert analyst recently shared insights into XRP’s potential for a significant price surge, highlighting several key technical signals.
The crypto sell-off continues as the bearish trend takes form with Bitcoin and most altcoins taking major hits.
Ark Invest made a significant move this week by selling 13,780 shares of Coinbase, valued at $3.9 million, from its Fintech Innovation ETF (ARKF).
MicroStrategy has become one of the most prominent players in the cryptocurrency space, focusing heavily on Bitcoin investments.