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Bitcoin

Finance

Slight Increase in Bitcoin Network Hashrate Reported by JPMorgan

JPMorgan notes a 2% rise in Bitcoin's hashrate in early May, indicating improved mining economics.

Finance

BounceBit Tests Innovative Bitcoin Trading Strategy with BlackRock's BUIDL Fund

The new strategy promises over 24% in annualized yields, aimed at both institutional and retail investors.

Crypto

Crypto Investment Products Fully Bounce Back After $7 Billion Withdrawals in February and March

Recent inflows indicate a significant recovery in crypto investment products, driven mainly by Bitcoin and Ethereum.

Finance

Company Increases Bitcoin Holdings with Recent Multi-Million Dollar Acquisition

This strategic move significantly boosts the company’s Bitcoin reserves, marking a historic high.

Adoption

JPMorgan Begins Bitcoin Sales to Clients Despite CEO's Ongoing Doubts

JPMorgan's latest decision to allow clients to purchase Bitcoin signifies a major shift within the firm, despite CEO Jamie Dimon's skepticism towards cryptocurrencies.

Crypto

Bitcoin's Recent Volatility May Signal New All-Time Highs

Recent fluctuations in Bitcoin's price indicate potential for new record highs, especially following CME futures market dynamics.

Crypto

Bitcoin Market Faces Instability Amid Rising U.S. Treasury Yields

A look into the fluctuations of Bitcoin's value and what investors should anticipate amid macroeconomic changes.

Crypto

Market Turmoil: Bitcoin Surges to $106K Before Reverting to $103K

Bitcoin's price volatility led to significant liquidation in cryptocurrency futures, with major cryptocurrencies like Ether, Solana, and Dogecoin also affected.

Crypto Investments

Metaplanet Expands Its Bitcoin Holdings with Additional Purchase of 1,004 BTC

Metaplanet has increased its bitcoin holdings by acquiring 1,004 BTC for over $104 million.

Crypto

Galaxy Digital Shifts Focus to AI Data Centers Amid Bitcoin Mining Decline

Galaxy Digital is transitioning from Bitcoin mining to AI data centers, capitalizing on new opportunities as demand for AI infrastructure increases.

Bitcoin news

Arthur Hayes Predicts Bitcoin Could Exceed $200,000 by Year-End

In a recent interview, former BitMEX co-founder Arthur Hayes shares his bold predictions for Bitcoin's future, forecasting a surge to $200,000 within the year.

Crypto

Bitcoin Approaches Golden Cross Amid Rising U.S. Debt Concerns

Bitcoin is on the verge of a significant pattern known as the golden cross, occurring shortly after previous technical indicators hinted at bearish market traps.

Crypto

Over $5 Billion Invested in Bitcoin ETFs Due to Bold Trading Strategies

A significant influx of capital into Bitcoin ETFs highlights a trend towards strategic bullish bets over traditional arbitrage.

Finance

Huntsville Man Imprisoned for Social Media Hack Impacting Bitcoin Prices

Eric Council Jr. received a 14-month sentence after manipulating SEC's social media to post false Bitcoin ETF announcements.

Adoption

$1 Billion Bitcoin Investment: Basel Medical's Unique Financial Strategy

Basel Medical Group is making headlines by integrating $1 billion worth of Bitcoin into its treasury, a noteworthy strategy in the healthcare sector.

Crypto

Bitcoin Adoption Updates: Major Moves by Top Win, Steak N Shake, and Galaxy Digital's Nasdaq Launch

Galaxy Digital launches on Nasdaq as Steak N Shake starts accepting Bitcoin payments, and Top Win rebrands as AsiaStrategy for digital assets.

Crypto

Analyst from CoinDesk Guides UK-Based Crypto Company in Bitcoin Treasury Initiative

Coinsilium has successfully raised £1.25 million to initiate a Bitcoin treasury while experiencing unprecedented trading volumes.

Crypto

$5 Billion FTX Reimbursement Set to Ignite Bitcoin's All-Time High

The impending distribution of $5 billion to FTX creditors may significantly impact Bitcoin prices as investors anticipate renewed capital flow into the market.