Axel Adler Jr., an analyst at the cryptocurrency analytics company CryptoQuant, said that the recent rise in Bitcoin may be a recovery that is more of a correction after a sharp decline, rather than the beginning of a new bull market. Adler Jr., in his analysis, stated that while Bitcoin experienced a market recovery after
Bitcoin price has traded near $81,300 today as buyers weighed on improving on-chain signals, cautious derivatives positioning, and renewed geopolitical developments tied to Russia, Ukraine, and Iran. At press time, the bulls were still in control trading at $81,357, up about 0.7% to 1% over 24 hours. According to Coincodex, in the last 24 hours,
Michael Saylor, one of the most influential figures in the cryptocurrency world and known as a “Bitcoin maximalist,” made groundbreaking statements about MicroStrategy’s Bitcoin asset management strategy in a recent interview. Saylor stated that under the company’s new financial model, it can now maintain its focus as a “net buyer,” selling Bitcoin for operational needs.
Uncle Sam’s crypto wallet got a whole lot fatter this spring. The US government’s cryptocurrency holdings have climbed by more than $4 billion since April 1, cementing its position as the single largest state-level holder of Bitcoin on the planet. Washington didn’t go on a shopping spree to get here. The vast majority of that
Changpeng Zhao, the founder and former CEO of Binance, is continuing to give interviews after completing his prison sentence in the US. Speaking to the Crypto Banter channel, CZ described his experience as a “turning point in his life,” sharing his vision for the future and his personal transformation. CZ stated that before going to
Has Donald Trump been net positive for Bitcoin? It is an uncomfortable question for many Bitcoin supporters, including me. My political criticisms of Trump are substantial and longstanding. They extend well beyond policy disagreements into questions about rhetoric, institutional conduct, and the broader political culture surrounding his presidency. None of that disappears because Bitcoin performed
Bitcoin’s premium on South Korean exchanges climbed to 1.98% on May 7. That’s the highest it’s been since late February. At the same time, onchain data shows holders are cashing out their biggest daily profits in five months, with $BTC trading above $80,000. Bitcoin’s Kimchi Premium is tracked by CryptoQuant’s Korea Premium Index (KPI). It
Strategy CEO Phong Le said the company’s success rests on more than the Bitcoin held on its balance sheet. In a post on X, he argued that Strategy’s enterprise software business remains a core part of the company’s long-term model. Le said the software unit gives Strategy engineers, cloud teams, enterprise customers, compliance systems, and
On May 10, 2010, developer Laszlo Hanyecz published a post on the Bitcointalk forum explaining how to mine Bitcoin using an NVIDIA 8800 GTS graphics card instead of a CPU. Today marks exactly 16 years since that publication that helped drive the network’s hash rate up by 130,000% by the end of the same year.
Global markets are entering a major week filled with inflation reports, geopolitical developments, and central macroeconomic data. Traders are closely watching new comments from Iran alongside upcoming U.S. economic releases. The Kobeissi Letter reported that Iran sent a response to a U.S. proposal through Pakistani mediators. Shortly afterward, Iranian President Masoud Pezeshkian stated that negotiations