Galaxy Research’s X account recently reported a long-dormant Bitcoin wallet being awakened after more than 14 years. The Bitcoin wallet, which contained 100 $BTC, first received them on November 2, 2011, months after Bitcoin’s pseudonymous creator Satoshi Nakamoto quietly exited the scene and was never heard from again. Taken from the time the coins were
TOYOSA has officially launched a Bitcoin payment option for Toyota vehicles in Bolivia, marking a significant milestone in automotive payments across Latin America. This initiative is supported by BitGo Bank & Trust, which provides the necessary digital asset wallet infrastructure. As cryptocurrency adoption continues to rise, this move could pave the way for broader acceptance
REX Shares and Tuttle Capital Management launched a leveraged ETF that seeks to deliver twice the daily performance of Strive, a publicly traded Bitcoin treasury company and asset manager. The T-REX 2X Long ASST Daily Target ETF began trading Friday under the ticker ASSX on Cboe and seeks to deliver 200% of Strive’s daily share-price
With Bitcoin’s price once again climbing above critical technical levels, analyst PlanB offered a noteworthy assessment. PlanB stated that Bitcoin closed above the 50-week moving average, which is around $79,000, and that the next technical target is the 100-week moving average at approximately $89,000. PlanB noted that Bitcoin was trading around $81,000, stating, “Bitcoin closed
In a recent statement, Bybit CEO Ben Zhou emphasized that Bitcoin is still a considerable distance from being considered mature ‘digital gold’. He noted that its current volatility makes it difficult for traditional financial institutions to view it as a reliable store of value. Zhou’s comments, reported by crypto commentator @WuBlockchain, indicate the challenges Bitcoin
Despite the overall macro calamity experienced last week, bitcoin’s price surged from $75,000 to almost $82,000 within days, hitting its highest level since the start of the month. However, the breakout attempt was halted at $82,000 due to more worrisome news from the Middle East. There’s also a technical aspect that helped prevent another leg
Bitcoin [$BTC] has rallied by 8.10% since posting Wednesday’s low of $75,064. The price dip came following the Fed’s decision to raise interest rates by 25 bps. A rally from those lows suggested that the pullback from $82K earlier in September was due to the market pricing in the rising odds of a rate hike.