Bitcoin News

Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.

Bitcoin holders with large wallets have been steadily increasing, with the number of wallets containing at least 100 BTC reaching its highest level in 17 months.

An analyst with a rapidly growing following has set a target for Bitcoin’s (BTC) potential bottom before a possible bullish reversal.

Gold bug and prominent Bitcoin skeptic Peter Schiff recently criticized the cryptocurrency’s performance, pointing out that Bitcoin’s gains for the year were largely concentrated in the first two months.

Bitcoin, the world’s leading cryptocurrency, has garnered both ardent supporters and critics. Its rising popularity is evident, with the coin recently hitting a peak of $73,000, a significant achievement considering its historical price trends.

Bitcoin is currently experiencing turbulent price movements, with a recent 10% drop raising investor concerns.

A prominent cryptocurrency analyst suggests that Bitcoin’s traditional four-year halving cycle may no longer be relevant.