Berkshire Hathaway Achieves $1 Trillion Valuation — Approaching Bitcoin Market Size Warren Buffett’s Berkshire Hathaway has reached a valuation that is nearly equivalent to the total market cap of Bitcoin. Buffett’s Performance Without Bitcoin in 2024 On August 28, Berkshire Hathaway’s stock (BRK.A) increased by 0.75%, bringing its total valuation to over $1 trillion. So […]
Significant Bitcoin Purchase Amidst Binance Sell-Off Leading to Sub-$58K Low Recent market movements have seen Bitcoin whales seizing opportunities to acquire BTC at lower prices as volatility continues to affect trading dynamics. Market Dynamics Following Selling Pressure On August 29, Bitcoin (BTC) attempted to reclaim the $60,000 mark after experiencing a period of selling. BTC/USD […]
HashKey Introduces AVA and LINK Trading for Retail Investors in Hong Kong Hong Kong’s retail cryptocurrency investors now have access to additional trading options following the approval for listing Avalanche (AVAX) and Chainlink (LINK) on HashKey, one of the two fully licensed crypto exchanges in the region. Previously, those investing less than $1 million were […]
Bitcoin Traders Face Setbacks as Futures Market Shifts to Neutral The Bitcoin futures premium has dropped to its lowest point in ten months, yet traders remain optimistic about future price movements. Recent Price Fluctuations in Bitcoin Bitcoin’s value saw a significant decline of 10.8% from August 25 to August 27, after a brief surge past […]
Cryptocurrency Price Analysis – August 28 Bitcoin’s recent decline below the $60,000 threshold indicates short-term weakness. However, long-term investors appear to be withdrawing coins from exchanges, suggesting a more optimistic future trend. Overview of Major Cryptocurrencies Bitcoin (BTC) has been fluctuating significantly within a price range of $55,724 to $73,777. Although predicting the breakout direction […]
Bitcoin 2024: A Shift Toward Partisan Politics At the Bitcoin 2024 conference held in Nashville, the atmosphere was electric as attendees eagerly awaited the arrival of former President Donald Trump, who took the stage to rousing patriotic music. Comments among the crowd suggested a notable shift in the political landscape surrounding Bitcoin. One individual remarked, […]
Can Bitcoin Achieve a Positive Monthly Close Above $64,300? Analysts suggest that Bitcoin’s summer liquidity issues may continue into September, yet a decrease in interest rates could potentially spark a significant bull market in early 2025. August’s Bullish Potential for Bitcoin For Bitcoin (BTC) to conclude August positively, it must close above $64,300, equating to […]
Public Companies’ Bitcoin Holdings Surge to $20 Billion in One Year Recent data indicates that the total Bitcoin holdings among publicly traded firms have experienced significant growth, rising from $7.2 billion to an impressive $20 billion over the course of one year. According to data from Bitbo, there are currently 42 publicly listed companies holding […]
South Korean Crypto CEO Stabbed During Court Hearing in Fraud Case In a shocking incident, the CEO of a cryptocurrency company in South Korea was attacked during a court session in Seoul, marking a troubling escalation in physical violence related to the crypto industry. The target of the attack was Hugo Hyungsoo Lee, who heads […]
Bitfarms Takes Over 120 MW Mining Mega-Site in the United States Bitfarms has officially taken control of its first mega-site in the U.S., a major milestone that enhances its mining capabilities and power capacity. Overview of the New Site Bitfarms has recently assumed control of a new data center in Sharon, Pennsylvania, marking its debut […]
