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Michael Saylor’s MicroStrategy Bought 169 Bitcoin For $11.4 Million In July

The company now owns 226,500 BTC worth $14.4 billion.

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Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market

Traders will not want to be short ETH while going through an ETF approval, one observer said.

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How Does a Bitcoin Loan Work?

Discover the mechanics, benefits, and risks of Bitcoin-backed loans. Understand how to use your Bitcoin holdings and lend them out for US dollars to your advantage.

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US Government Preparing to Sell 30,000 Silk Road Bitcoin, On-Chain Data Shows

US government prepares to sell bitcoin related to Silk Road for the first time since March 2023.

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Stabilizing Forces: How Bitcoin ETF Inflows Counter Price Volatility

The scale of inflows to the ETF could provide enough demand side volume to negate the traditional price volatility caused by increasing sell volume as price rises.

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Bitcoin Surpasses $61,000 As New All Time High Approaches

Bitcoin is now less then $9,000 away from making a new all time high.

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GBTC Outflows: Forecasting Total Bitcoin Selling Pressure & Market Impact

Despite $824 million of net inflows since Spot ETF approval, bitcoin fell 19% in part from $4.39 billion bleeding out of GBTC. This is good for Bitcoin.

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One in Four Americans Own Bitcoin: Unchained Study

Unchained study reveals staggering growth in BTC ownership among US investors, citing regulatory clarity and economic factors as key influencers for 2024.

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Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off

El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to the president’s ill-timed buys. According to the Nayib Bukele Portfolio Tracker website, the […]

The post Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off appeared first on Cryptonews.

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