Category: Bitcoin

[ad_1] Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, indicated on Sunday that the firm is buying more BTC, as the price hovers near the $66,000 level.  “The Second Century Begins,” Saylor said on X, as he shared the Strategy BTC accumulation chart that has become synonymous with impending BTC purchases. Strategy’s most…

[ad_1] Banco do Brasil, a Brazilian state-controlled bank, launched a new feature allowing Brazilian customers to leverage the Pix payments system in Argentina. The institution is considering expanding this functionality to more countries to reach large Brazilian communities. Brazil’s Pix Payments Expand to Argentina Through Banco do Brasil Pix, the Brazilian signature rapid payments network,…

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The gap between how investors feel about gold and Bitcoin has rarely been this wide. Gold’s fear and greed index sat at 72 out of 100 — deep in greed territory — while the top crypto’s equivalent reading hit 18 out…

[ad_1] Key points: Analysts believe that Bitcoin will have to stay above the $68,000 level to continue its recovery. Several major altcoins have turned down from their overhead resistance levels, indicating that bears remain in control. Bitcoin’s (BTC) relief rally was rejected at the $74,000 level, and the bears have pulled the price below $68,500.…

[ad_1] ANDE, the state power company, has partnered with Morphware, an artificial intelligence (AI) and mining tech company, to start a pilot program and use part of its seized miners to produce bitcoin. ANDE’s President, Felix Sosa, stated that the bitcoin mined will be sold as a hedge for futures contracts. Paraguay Readies to Establish…

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US government shifted seized Bitcoin on Monday just as military strikes on Iran sent crypto markets into a sharp sell-off. On-chain analytics platform Arkham Intelligence tracked three transfers totaling roughly 1.23 Bitcoin — about $22,550 — from a wallet labeled…

[ad_1] Key takeaways: Derivatives and onchain data show a lack of bullish conviction, as 43% of Bitcoin holders remain at a loss despite recent price gains. Surging AI energy demand is squeezing miner profits to record lows, forcing major listed firms to offload BTC and pivot to computing. Traders face a psychological hurdle at $76,000,…

[ad_1] A veteran of the global crypto industry, Colin Goltra has been an early adopter and advocate for digital assets throughout his career. Colin Goltra is the Chief Executive Officer of Morph, a blockchain platform building universal infrastructure for borderless payments and financial services. He recently joined the Bitcoin.com News Podcast to talk about the…

[ad_1] Core Scientific, a Bitcoin mining company, announced this week its plans to sell nearly all of its Bitcoin holdings to fund its shift towards AI and high-performance computing.  The move reflected a broader trend in the Bitcoin mining industry. However, it also raised questions over the purpose of sustaining Bitcoin treasuries, especially in light…

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin moved into the headlines after Strategy completed its 101st buy, taking on 3,015 BTC at an average near $67,700. According to reports, the company spent roughly $204 million on the latest lot and now holds about 720,737 BTC in total.…