A naukri.com initiative
Bitcoin News
Newsbtc
3w
249
Image Credit: Newsbtc
Pepe Whale Triggers Panic, Dumps 150 Billion Tokens As Price Falls
- A big player in the world of Pepe coin cashed out 150 billion tokens, causing the price to wobble.
- The investor initially spent $2,184 to buy 1.5 trillion Pepe tokens and has already made a profit of $6.66 million.
- The news of the large sale affected the price of Pepe, resulting in a drop of about 4.59%.
- Technical indicators suggest a downward trend for Pepe, with the possibility of a further 20% drop if it remains below $0.0000075.
Read Full Article
14 Likes
Coin Telegraph
3w
240
Image Credit: Coin Telegraph
4 key Bitcoin metrics suggest $80K BTC price is a discount
- Bitcoin (BTC) price dropped from $87,241 to $81,331 between March 28 and March 31, erasing gains from the previous 17 days.
- Four key indicators point to strong investor confidence and potential signs of Bitcoin decoupling from traditional markets in the near future.
- Bitcoin metrics show strength, with an increase in mining hashrate and reduced flow of coins to exchanges.
- Cryptocurrency exchanges' reserves dropped to their lowest levels in over six years, indicating investors' inclination to hold.
Read Full Article
14 Likes
Cryptopotato
3w
131
Image Credit: Cryptopotato
Hut 8 Transfers ASIC Miners to Launch American Bitcoin with Trump Family Backing
- Hut 8 Corp. has launched American Bitcoin Corp, a majority-owned subsidiary for industrial-scale Bitcoin mining and reserve development.
- Hut 8 contributed nearly all of its ASIC miners to American Data Centers, Inc. in exchange for a majority stake, rebranding the company as American Bitcoin.
- American Bitcoin Corp will handle all Bitcoin mining operations previously under Hut 8's Compute segment, with results being consolidated into Hut 8's financial reports.
- The Trump family, including Eric Trump and Donald Trump Jr., is backing American Bitcoin, with a focus on becoming the largest Bitcoin miner globally and creating a strategic Bitcoin reserve.
Read Full Article
7 Likes
Crypto-News-Flash
3w
428
Image Credit: Crypto-News-Flash
Bitcoin at the White House? Trump-Bukele Meeting Fuels Crypto Buzz
- El Salvador's President Nayib Bukele potentially visits the White House to deepen U.S.-El Salvador ties.
- The meeting is driven by Bitcoin policy and border cooperation between the two countries.
- The visit follows a $6 million deportation deal between El Salvador and the U.S.
- President Bukele's Bitcoin-related initiatives, including the creation of a U.S. Strategic Bitcoin Reserve and the Bitcoin City project, are expected to be discussed.
Read Full Article
25 Likes
Livebitcoinnews
3w
271
Image Credit: Livebitcoinnews
Circle Moves Closer to IPO with Banking Giants
- Circle, the issuer of the USDC stablecoin, is advancing with its IPO plans.
- JPMorgan and Citi are the underwriters for the IPO.
- Circle plans to publicly disclose IPO details after a secret January 2024 filing.
- The upcoming IPO takes advantage of the rising IPO market activity and is expected to assess Circle's worth between $4 billion and $5 billion.
Read Full Article
16 Likes
Crypto-News-Flash
3w
402
Image Credit: Crypto-News-Flash
Bitcoin Bulls on Edge as BTC Records Its Worst Q1 in Over Half a Decade
- Bitcoin records its worst Q1 performance since 2018, falling 30% from its January high.
- Bitcoin's technical outlook is uncertain as the price struggles to gain traction.
- New U.S. tariffs impacting $1.5 trillion in imports came into effect on April 2.
- Bitcoin's Q1 performance is compared to gold, which hit multiple all-time highs.
Read Full Article
24 Likes
Crypto-News-Flash
3w
97
Image Credit: Crypto-News-Flash
One-Quarter of S&P Firms to Invest in Bitcoin By 2030: Architect Partner Predicts
- Approximately 25% of S&P 500 firms are predicted to hold Bitcoin on their balance sheets by 2030.
- Traditional firms are embracing Bitcoin as a treasury reserve asset for hedging against inflation and diversifying risk.
- Strategy, with 506,000 BTC on its balance sheet, set the pace for corporate Bitcoin holdings.
- Concerns about sustainability have arisen regarding Strategy's aggressive Bitcoin acquisition strategy due to mounting debt and potential stock dilution.
Read Full Article
5 Likes
TronWeekly
3w
135
Image Credit: TronWeekly
Metaplanet Supercharges Bitcoin Holdings with Bold $13M Bond Issuance
- Metaplanet has issued zero-interest bonds worth 2 billion yen, approximately 13.3 million dollars.
- The bonds were allocated through its Evo Fund and will mature on September 30, 2025.
- The company plans to use the funds to increase its Bitcoin holdings during the recent market price correction.
- Metaplanet aims to dominate the global Bitcoin economy and has set a target of acquiring 21,000 BTC by 2026.
Read Full Article
8 Likes
Coin Telegraph
3w
249
Image Credit: Coin Telegraph
‘Dire consequences’ if Musk accesses SEC — US lawmaker
- The top Democrat on the US House Financial Services Committee warned that giving Tesla CEO Elon Musk access to data and systems at the Securities and Exchange Commission (SEC) could have dire consequences for US investors and present conflicts of interest.
- Representative Maxine Waters emphasized the risk of data breaches and market disruptions that could result in investors losing their savings due to Musk's potential influence over the agency's operations.
- Reports suggest that Musk's Department of Government Efficiency team has contacted the SEC and might be granted access to the commission's systems and data.
- The SEC is responsible for overseeing and regulating the cryptocurrency industry, including determining whether certain tokens qualify as securities.
Read Full Article
14 Likes
Zycrypto
3w
170
Image Credit: Zycrypto
Metaplanet Issues $13 Million In Bonds For Additional Bitcoin Purchases
- Japanese Bitcoin treasury company, Metaplanet, has issued $13 million in zero-interest bonds to expand its BTC reserves.
- The bonds are allocated via the company's Evo fund, and investors can redeem them at full face value by September 30.
- Metaplanet aims to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, and currently holds 3,350 BTC.
- The strategy of aggressive Bitcoin accumulation by public companies, popularized by MicroStrategy, is gaining traction.
Read Full Article
10 Likes
Newsbtc
3w
380
Image Credit: Newsbtc
Bitcoin Price Struggles: Crypto Analyst Bucks Back Against Bearish Sentiment, Top Is Not In
- Crypto analyst BitQuant pushes back against the idea that the top is in for Bitcoin.
- He assures that the real top is not in yet, despite the current struggles in the Bitcoin price.
- BitQuant explains that the panic is due to some market participants not having experienced the bull phase.
- Another crypto analyst, Kevin Capital, suggests that the top isn't in yet but highlights major correctional phase in the market.
Read Full Article
22 Likes
Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
California’s Digital Assets Bill Adds ‘Bitcoin Rights’—What It Means for Crypto
- California is amending the Money Transmission Act to recognize digital assets as legal payment while preventing public officials from issuing, sponsoring, or promoting crypto.
- The amendment aims to provide crypto-self custody rights for the residents of California.
- The proposed bill includes provisions for the recognition of digital assets as a valid form of payment, self-custody rights for residents, and restrictions on public officials.
- California has previously taken steps towards exploring a Bitcoin strategic reserve and has been labeled as the most crypto-inquisitive state in 2022.
Read Full Article
3 Likes
Livebitcoinnews
3w
8
Image Credit: Livebitcoinnews
Hashgraph Launches Hashsphere, a Private Blockchain for Businesses
- Hashgraph has launched HashSphere, a private blockchain solution for businesses.
- HashSphere enables seamless integration of private and public blockchains.
- It facilitates low-cost cross-border transactions for financial firms.
- The system supports secure data privacy and compliance with regulatory standards.
Read Full Article
Like
Cryptoticker
3w
43
Image Credit: Cryptoticker
BREAKING: Trump Family Makes Power Move into Bitcoin Mining
- The Trump family has officially entered the Bitcoin mining industry with a 20% stake in Hut 8 through their venture called American Bitcoin.
- Eric Trump, the third child of Donald Trump, is leading the family's expansion into the cryptocurrency mining sector.
- The Trump family's investment in Hut 8 could potentially signal increased political interest in fostering a favorable environment for domestic Bitcoin mining operations in the United States.
- Market observers are closely watching how the Trump family's involvement might reshape the Bitcoin mining sector in North America.
Read Full Article
2 Likes
Livebitcoinnews
3w
257
Image Credit: Livebitcoinnews
Strategy Invests $1.92 Billion More in Bitcoin
- Strategy, formerly known as MicroStrategy, has acquired an additional 22,048 BTC for $1.92 billion.
- The company now holds a total of 528,185 BTC, amounting to $35.63 billion in value.
- Strategy reports an 11% Bitcoin yield since the beginning of 2025.
- Strategy remains committed to Bitcoin despite market volatility and continues to invest in the cryptocurrency.
Read Full Article
15 Likes
For uninterrupted reading, download the app