MicroStrategy faces potential liquidation risks as Bitcoin’s price drops to within 10% of the company’s average buying price, sparking investor fears and a significant decline in its stock value. MicroStrategy is one of the largest institutional holders of Bitcoin, having accumulated over 528,185 BTC, valued at approximately $40.94 billion. The company’s substantial Bitcoin holdings have … Read more
Pakistan is set to capitalize on its surplus electricity by leveraging it to power Bitcoin mining operations, aiming to transform unused energy into a profitable venture within the burgeoning cryptocurrency market. The initiative to utilize excess electricity for Bitcoin mining is poised to unlock new revenue streams for the country. By tapping into the growing … Read more
Russia is setting the stage to sell Bitcoin seized from criminal activities, a move that recalls Germany’s past missteps in crypto liquidation. Crypto Rover reported the development, potentially setting off ripples in Bitcoin’s supply dynamics and market mood. The announcement on April 2, 2025, triggered an immediate, albeit slight, market reaction. Bitcoin dipped to $65,210.50 … Read more
BitMEX co-founder Arthur Hayes is betting big: He predicts Bitcoin could skyrocket to $250,000 by 2025 if the U.S. Federal Reserve pivots to quantitative easing. Hayes believes a Federal Reserve pivot to quantitative easing (QE), involving bond purchases and injecting money into the economy, could fuel Bitcoin’s 2025 rally. QE aims to lower interest rates … Read more
Bitcoin’s famed scarcity? Turns out, it needed saving – and a well-timed joke – to avoid ballooning to 126 million coins. Eleven years ago, a fix named BIP-42 quietly averted a potential Bitcoin supply explosion set to strike centuries in the future. Submitted by Bitcoin Core contributor Pieter Wuille on April Fool’s Day, 2014, this … Read more
Bitcoin’s ambition to break free is faltering against the Yen, a potential sign that broader market anxieties are brewing as Goldman Sachs bets big on the Japanese currency as the definitive refuge from looming US economic uncertainties. After bumping its head against a key trendline resistance formed since January, Bitcoin took a 1% hit against … Read more
BlackRock CEO Larry Fink, once a bitcoin bystander, seems to be warming up to the crypto asset, hinting in his latest investor letter that Bitcoin could challenge the dollar’s reign if the US debt situation spirals. Fink’s 2025 letter, released today, mentioned “bitcoin” seven times, a stark increase from the single mention in his 2024 … Read more
Forget about betting on Bitcoin to the moon; the smart money lately is hedging against a serious fall. Option traders on Deribit have made the $80,000 Bitcoin put the most popular play, stacking up 10,278 contracts representing a hefty $864.26 million in notional open interest, according to data from Amberdata. This marks a significant shift … Read more
Bitcoin mining money just funded a trip to space’s unexplored regions. Crypto mogul Chun Wang’s SpaceX “Fram2” mission launched from Cape Canaveral on April 1st, aiming for a polar orbit. Chun Wang, the man behind Bitcoin mining pool F2Pool, isn’t your typical astronaut. Born in China, this Maltese entrepreneur bankrolled and is personally leading SpaceX’s … Read more
For institutional investors looking to dive deeper into digital assets, GoMining has just dropped a $100 million Bitcoin mining fund called Alpha Blocks Fund. GoMining, known for democratizing Bitcoin mining through data centers, will have Bitgo act as custodian for the fund. The proposition includes annual distributions from mining yield, with a core strategy centered … Read more