Shares in the Healthcare company KindlyMD dropped on Tuesday after it announced a $5 billion at-the-market equity offering program to raise funds to expand its Bitcoin holdings. The healthcare services company, which recently merged with Nakamoto Holdings and adopted a Bitcoin (BTC) treasury strategy, said on Tuesday that it filed with the Securities and Exchange…
Read more
Around 200,000 traders have been liquidated to the tune of more than $900 million over the past 24 hours as Bitcoin fell to a seven-week low — decimating its gains after the Federal Reserve chair signaled interest rate cuts at Jackson Hole last week. The majority of liquidations were long positions, according to CoinGlass, which…
Read more
Crypto market sentiment has returned to neutral as markets showed signs of recovery on Thursday following a brief dip into the “fear” zone when Bitcoin fell to $112,000 a day earlier. However, analysts have been quick to warn that more volatility lies ahead. Bitcoin (BTC) fell to $112,350 on Coinbase in late trading on Wednesday,…
Read more
Retail crypto traders have seemingly flipped bearish after Bitcoin failed to pick itself up from a recent dip below $113,000, clocking a 17-day low. “Retail traders have done a complete 180 after Bitcoin failed to rally and dipped below $113,000,” said analysts at blockchain analytics firm Santiment on Wednesday. Santiment also reported that the past…
Read more
Harvard economist Kenneth Rogoff, who once predicted Bitcoin would sooner crash to $100 before it hits $100,000, has admitted a lot has changed since his comments seven years ago — though he seemingly still hasn’t come around to Bitcoin. “Almost a decade ago, I was the Harvard economist that said Bitcoin was more likely to…
Read more
Illinois Governor JB Pritzker took a swipe at US President Donald Trump for allowing “crypto bros” to guide policy as he signed two new bills to regulate crypto in the state on Monday. “While the Trump Administration is letting crypto bros write federal policy, Illinois is implementing common-sense protections for investors and consumers,” said Governor…
Read more
Bitcoin has reached a new all-time high, and its next move will either be a surge into new price discovery or a halt to make way for the oncoming altcoin season, says Bitcoin pioneer Samson Mow. Bitcoin (BTC) prices reached $124,500 on Coinbase in early trading on Thursday, according to TradingView. The move has added…
Read more
The US has seized servers, domain names, and around $1 million in crypto assets from the ransomware group BlackSuit. The Justice Department said on Monday that multiple US and international law enforcement agencies conducted an operation against the BlackSuit ransomware groups in late July. The operation included the unsealing of a warrant for the seizure…
Read more
David Bailey, a well-known Bitcoin advocate who has advised US President Donald Trump on crypto policy, has announced plans to buy $762 million worth of Bitcoin as early as Tuesday. “Ever since getting into Bitcoin, I’ve always had this dream of smash buying $1 billion of Bitcoin in a single bid,” he said on Monday.…
Read more
Crypto markets have historically fallen into a four-year bull and bear cycles that seem to revolve around the Bitcoin halving, however, this pattern could be unravelling, according to industry analysts and experts. “Top 100 Bitcoin treasury companies hold almost 1 MILLION Bitcoin,” said author and investor Jason Williams in a post on X on Sunday.…
Read more