Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto
Riot Platforms sold 475 Bitcoin worth $38.8 million in December as profit margins narrow throughout the mining sector. The Colorado firm, the second-largest publicly traded Bitcoin miner by market capitalization, sold the cryptocurrency at an average price of $81,731 per coin, Monday’s operations update disclosed. Mining Profits Narrow Following Bitcoin Halving Event The sell-off follows…
Bitcoin Price Forecast: Key Scenarios For Tomorrow’s FOMC Decision
With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 percent; CME Group’s FedWatch tool assigns a 98.2 percent probability…
Bitcoin Recovery Fueled By Almost $19 Billion In Crypto Inflows, Data Shows
On-chain data shows the cryptocurrency market as a whole has witnessed capital inflows of nearly $19 billion while Bitcoin and others have gone through their recovery. Crypto Market Has Enjoyed Net Capital Inflows Over The Past Month In a new stablecoins. The altcoins usually only see a secondary rotation of capital from these coins. As…
On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April
Bitcoin’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since then. At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past day. While price action has slowed,…
Bitcoin To Infinity? Venture Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling
The dollar is weakening this year. As reported, the US dollar index declined 7% year-to-date, one of its worst openings in recent history. The dollar index measures the value of the dollar against six other major foreign currencies. As tensions between the US and several countries have increased on the trade front, worries regarding the…
Veteran Analyst Predicts Bitcoin Surge To $150K — Here’s The Timeline
Prices for bitcoin skyrocketed to the $97,000 level today, increasing more than 2% and closing in on the symbolic $100,000 level. The cryptocurrency is in its continuing surge that has gotten investors enthusiastic so far in 2025. Market Old Timer Forecasts Significant Price Target According to trading analyst Peter Brandt, Bitcoin may rise to $125,000…
Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again)
Strategy, previously known as MicroStrategy, earned a $5.8 billion profit on its Bitcoin investments in the first quarter of 2025. The company now wants to pour even more money into the cryptocurrency, according to details provided by Executive Chairman Michael Saylor. Bitcoin Yield Expands As Company Increases Holdings The business intelligence firm experienced its Bitcoin…
Bitcoin Flashing Pre-Rally Signals Seen Before Major 2024 Breakouts, Analyst Says
According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) could be preparing for its next major move. Contributor Crypto Dan highlighted that BTC is currently forming an accumulation pattern similar to those observed in 2024 – patterns that were followed by significant rallies. Bitcoin Showing Signs Of Big Rally Bitcoin has surged over 13% in…
US Could Buy $100 Billion In Bitcoin This Year: Coinbase Exec
Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase approaching $100 billion—years ahead of market expectations. In a 40-minute appearance on The Scoop with Frank Chaparro released Wednesday, Bea framed the idea as hiding in…
North Carolina Passes Bill To Integrate Bitcoin Into $127 Billion Pension Fund
The North Carolina House has recently approved two significant bills that aim to transform the management of the state’s pension fund, allowing for a modernized investment strategy that includes cryptocurrencies like Bitcoin (BTC). This legislative move comes in response to a $16 billion deficit in the pension system and a need for improved investment returns…