Bitdeer has sold 25% of its total Bitcoin holdings, which amounts to 487 BTC. This move aligns with a common practice among Bitcoin miners to periodically sell portions of their mined Bitcoin to support their operations and investments. Additionally, public mining firms have been adjusting their holdings in response to ongoing challenges, such as increases in network difficulty and rising energy costs.
South African Reserve Bank Governor Lesetja Kganyago cautioned about the rising popularity of stablecoins, expressing concerns that these cryptocurrency assets could “break apart.” This warning comes amidst a broader trend of global central banks highlighting […]
Micheal Saylor has announced plans to purchase a significant amount of Bitcoin tomorrow. This move by Saylor is likely to amplify the positive market sentiment toward Bitcoin, as influential figures often sway public perception with […]
Bitcoin has surged to over $70,500, reflecting its continued ascent in the financial markets. This rise coincides with major financial institutions increasingly integrating Bitcoin into their offerings, signaling growing mainstream acceptance of the cryptocurrency. Additionally, […]