Bitcoin

Bitcoin Surges Past $87,000 Amidst Rising Institutional Interest

Bitcoin Surges Past $87,000 Amidst Rising Institutional Interest

Bitcoin has once again taken the world by storm, rising above $87,000 on April 21, 2025, and capturing the imagination of every investor and analyst. This is up to its highest level since late March. It ignites fresh hopes for an impending bull market wherever that alluring $90k level resides....

Bitcoin Long-Term Holders Gain $26B Amid Price Recovery

Bitcoin Long-Term Holders Gain $26B Amid Price Recovery

In fact, Bitcoin long-term holders (LTHs) just saw the greatest proportionate rise in their realized market cap. Unbelievably, they took in $26 billion from April 1 to April 23. This increase came as Bitcoin’s price recaptured $94,900, after a 30%+ correction from January to early April. This correction matches historical...

Swiss Demand Bitcoin Inclusion in National Bank Reserves Amidst Economic Shifts

Swiss Demand Bitcoin Inclusion in National Bank Reserves Amidst Economic Shifts

The Swiss National Bank (SNB), Switzerland’s central bank, is under mounting pressure to add Bitcoin to its reserves. A newly launched referendum campaign, as of December, aims to amend the Swiss constitution to make it a requirement for SNB to hold Bitcoin. This initiative gathers steam as U.S. tariffs have...

Bitcoin: Pioneering the Digital Frontier and Revolutionizing the Financial Landscape

Bitcoin: Pioneering the Digital Frontier and Revolutionizing the Financial Landscape

In 2009, an anonymous revolutionary under the name Satoshi Nakamoto introduced Bitcoin, the first decentralized digital currency. Bitcoin’s origins as an idea stemmed from the 2008 economic crisis, such financial unrest paved a way for a new decentralized currency. Bitcoin has hijacked the idea of decentralization. Today it stands for...

Bitcoin Mining Linked to Increased Air Pollution, Impacting Millions

Bitcoin Mining Linked to Increased Air Pollution, Impacting Millions

A recently published study demonstrates that Bitcoin mining operations across the USA are significantly increasing air pollution levels. This unprecedented increase is subjecting millions of Americans to fine particulate matter (PM2.5) which can be harmful. The research, conducted by the Harvard T.H. Chan School of Public Health, highlights the environmental...

Trump's Bitcoin Embrace Sparks Global Race for Crypto Adoption

Trump's Bitcoin Embrace Sparks Global Race for Crypto Adoption

Donald Trump's recent actions have ignited a global competition among nations to embrace Bitcoin, potentially reshaping the geopolitical landscape and financial systems. His initiatives, along with increasing institutional interest, point to a paradigm shift in the way countries perceive and embrace cryptocurrency.Trump’s pledge to make crypto legislation and a bitcoin...

Dollar Plummets to Three-Year Low Amidst Fed Independence Concerns

Dollar Plummets to Three-Year Low Amidst Fed Independence Concerns

The dollar index subsequently dove to a three-year low. This dramatic drop came against the backdrop of rising concerns over Federal Reserve independence. This decline sparked a panic-induced sell-off of the dollar versus most major currencies, reverberating through global financial markets.The dollar index dropped to 98.5, its lowest level since...

Ark Invest Forecasts Bitcoin to Reach $2.4 Million by 2030

Ark Invest Forecasts Bitcoin to Reach $2.4 Million by 2030

Cathie Wood’s Ark Invest has just released a brand new Bitcoin price prediction. In fact, they’re predicting that it could increase to $2.4 million per coin by 2030. This optimistic projection, announced on Thursday, put Ark Invest on the list of the most optimistic voices forecasting Bitcoin to reach such...

Semler Scientific Aims to Bolster Bitcoin Holdings with $500M Offering

Semler Scientific Aims to Bolster Bitcoin Holdings with $500M Offering

Semler Scientific, a provider of medical risk-assessments, announced $500 million in offering of new securities. The company intends to use the net proceeds "primarily for general corporate purposes, including the acquisition of bitcoin." This action would raise Semler Scientific’s already large Bitcoin assets to a great degree.The company’s current stock...

CleanSpark Secures $200M Bitcoin-Backed Credit Line, Shifts to Self-Funding Model

CleanSpark Secures $200M Bitcoin-Backed Credit Line, Shifts to Self-Funding Model

CleanSpark, Inc. is America’s Bitcoin miner. In November 2022, they further broadened this financial strategy by announcing the completion of a $200 million revolving credit facility secured with Coinbase Prime. This announcement represents an important milestone on the company’s path to self funding and further expansion. CleanSpark plans to utilize...