Bitcoin Whales Accumulate Amidst Record Price Highs and Wall Street’s Growing ETF Interest

Bitcoin’s largest holders, colloquially known as “whales,” haven’t seemingly taken advantage of the cryptocurrency’s massive price rise so far this year, and instead are still accumulating BTC at current price levels. According to data from on-chain analysis firm IntoTheBlock, net outflows among the biggest Bitcoin wallets have remained exceptionally low throughout the year as these […]

MicroStrategy Strengthens Bitcoin Position With $4.6 Billion BTC Acquisition, Totaling 331,200 Coins in Treasury

Nasdaq-listed business intelligence firm MicroStategy has further cemented its position as the leading corporate holder of Bitcoin after a major $4.6 billion acquisition of 51,780 BTC, bringing its total holdings to a staggering 331,200 coins. According to data from BitcoinTreasuries, MicroStrategy has bought its Bitcoin stash at an average cost of $49,874 per BTC, having […]

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Bitcoin ($BTC) Price Analysis

Bitcoin Analyst Foresees ‘Explosive Rally’ to $130K Based on This Rare ‘Buy’ Signal

On 24 July 2024, popular pseudonymous crypto analyst “Mikybull Crypto” shared insights on Bitcoin (BTC) via posts on X (formerly Twitter). He explained some technical indicators and predicted potential price movements, making it accessible for those unfamiliar with advanced trading concepts. In his first post, the analyst shared a chart showing Bitcoin’s price along with […]

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Bitcoin ($BTC)

NYSE-Listed AI-Powered Education Technology Firm’s Stock Doubles After Announcing $120M Bitcoin Treasury Plan

Shares of Genius Group, an AI-powered education provider, surged over 100% on Tuesday after the company announced plans to convert 90% of its treasury reserves into Bitcoin. The stock, which has lost more than 98% of its value since trading began, jumped from $0.58 to $1.16, pushing its market capitalization to $21.22 million. The NYSE […]

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