Bitcoin kickstarted the week with an incredible recovery rally, negating a considerable portion of its losses from the previous weekly session against a downside correction in US bond yields. Nevertheless, the flagship cryptocurrency’s intraday bull run failed to garner further higher bids on Tuesday. A sell-off at the local top […]

A bitcoin whale has moved a massive $4.5 billion in bitcoin during the flagship cryptocurrency’s sell-off this weekend, which saw the price of bitcoin drop from $55,000 to a $43,000 low before recovering. According to blockchain data, the bitcoin whale moved 103,510 BTC, worth over $4.5 billion, for a fee […]

The cumulative monthly trading volumes in all centralized cryptocurrency exchanges breached $1 trillion for the first time in February 2021, the Block Research on Feb 27 reveals. Binance, Coinbase, and Kraken are Dominant, Contribute over 80% of Trading Volumes At over $1.05 trillion, February’s monthly volumes were higher than January’s […]

Microstrategy is not done stacking Bitcoin, despite being one of the most active institutional buyers in the market. The firm announced today that it had purchased an additional $15 million worth of Bitcoin. It now holds over 90,000 BTC, becoming one of the largest hodlers in the market. Microstrategy has […]

The CEO of MicroStrategy–the business intelligence platform listed at NASDAQ, Michael Saylor, has confirmed that the firm bought an additional 328 BTC for roughly $15 million in cash. MicroStrategy’s Confidence in Bitcoin Their Form 8-k records on Mar 1 reveal, their doubling down came when Bitcoin and crypto prices crashed, […]

On Monday (March 1), Jurrien Timmer, Director of Global Macro at Fidelity Investments, published a 12-page research paper on Bitcoin (title: “Understanding Bitcoin: Does bitcoin belong in asset allocation considerations?”). Timmer started by saying that he intended his paper to serve as “a brief plain-English primer, but also to assess, […]

The Digital Currency Initiative (DCI) of the Massachusetts Institute of Technology (MIT) has raised $4 million from blockchain industry leaders including MicroStrategy, CoinShares, and others, for a multi-year project aimed at strengthening the Bitcoin network, according to a press release on February 25, 2021. Improving Bitcoin’s Robustness and Security  Since […]

The Bitcoin realm is a safe haven for many investors, offering returns of more than 400% in the last twelve months. Investors and policymakers who were not fans of the digital currency are now investing in the digital world, not minding the volatility of the industry regardless of the fortunes […]