News with the tag "Latest News on Bitcoin"

Pakistan is seriously considering the legalization of cryptocurrency, aiming to attract global investors and boost its economy. This potential move signals a significant shift in the nation’s approach to digital assets, reflecting a growing global trend. Driving Economic Growth Through Crypto The pr...

Bitcoin has recently experienced a significant 30% price drop, raising concerns among investors. However, analysis from Rekt Capital suggests that such corrections are a normal part of Bitcoin’s market cycles, mirroring past bull runs. Historical Parallels: 2017 and 2021 The recent 30% pullback clos...

Strategy, formerly known as MicroStrategy, is stepping up its Bitcoin acquisition game once more. The company announced it will issue up to $21 billion in 8.00% Series A Perpetual Preferred Stock as part of its ongoing strategy to expand its Bitcoin holdings. This latest offering is designed to rais...

According to Alex Thorn, head of research at Galaxy Research, the U.S. government may have up to 88,000 BTC available for its new Strategic Bitcoin Reserve. In a March 7 post on X, Thorn explained that although the government holds around 198,000 BTC, 112,000 BTC must be returned to Bitfinex from a ...

Amid mounting concerns over wasteful spending, a new initiative led by Elon Musk’s DOGE aims to eliminate up to $1 trillion from the government budget. The proposal requires federal agencies to list and justify consulting contracts from 10 major firms by week’s end, targeting so-called “Oasis” contr...

CEOs from Coinbase and Gemini have voiced strong opinions on the proposed U.S. Crypto Strategic Reserve, arguing that Bitcoin stands alone as the only digital asset that meets the rigorous standards required for a national reserve asset. Following President Donald Trump’s recent announcement that th...

Renowned financial educator Robert Kiyosaki has once again voiced his support for Bitcoin, declaring it “on sale” as its price fell to $82K—a low not seen since November 2024. In a recent post on X, Kiyosaki emphasized that the current price drop is not due to flaws in Bitcoin itself. Instead, he at...

After three years of relative quiet, a major whale made a sudden move by transferring 200 BTC (approximately $18.4 million) to Binance, according to Spot On Chain. This unexpected deposit, occurring just two hours ago with no prior buildup, has captured significant attention within the crypto commun...

Bitcoin experienced a significant drop over the past 24 hours, falling by 7.45% to trade at $88.83, its lowest level since mid-November 2024, according to CoinMarketCap. Bitcoin CEO and Bitcoin supporter Samson Mow, head of crypto firm JAN3, took to X (formerly Twitter) to comment on the crash. In h...

Renowned financial educator Robert Kiyosaki has sparked heated discussions with his latest warning about a potential economic meltdown. In a recent tweet, he raised concerns over the bursting of the “Everything Bubble,” which could severely impact various asset classes such as stocks, bonds, real es...