Browsing: Bitcoin & Altcoins

MicroStrategy cut 20% of its workforce as it doubled its bitcoin holdings in 2024, spending $22.1 billion on cryptocurrency while shedding 400 jobs across key departments.

Bitcoin remains range-bound despite billions in institutional inflows, fueling speculation of market suppression as Samson Mow and analysts point to unexplained selling pressure.

Bitcoin slipped 0.8% to $96,197 on Monday, extending its 7.3% decline since Trump’s inauguration as investors watch for U.S. policy shifts and Federal Reserve decisions.

Argentina’s opposition calls for Milei’s impeachment after he promoted $LIBRA, a crypto token that surged then crashed, sparking backlash and a government investigation.

Four US states introduced new crypto bills this week, pushing the number to nine in February, as lawmakers move to regulate Bitcoin reserves, digital assets, and investment strategies.

Goldman Sachs’ crypto ETF holdings exceed $2B, showing rising institutional interest in Bitcoin and Ethereum as Wall Street firms increase their digital asset investments.

Research confirms 1.096 million BTC linked to Bitcoin’s creator, Satoshi Nakamoto, now valued over $108 billion, fueling speculation about his identity and the fate of his fortune.

Brazil’s B3 stock exchange is expanding crypto offerings with bitcoin options and futures for ether and solana, reinforcing its role in the Latin American digital asset market.

Nobel laureate Eugene Fama warns Bitcoin may be worthless in 10 years, arguing its volatility prevents it from being a viable currency. His remarks reignite the Bitcoin sustainability debate.

Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively.