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Tag: Bitcoin

This simple Bitcoin investment strategy prevents crypto traders from being liquidated

Data suggests that dollar-cost averaging is the easiest way to build a profitable position in Bitcoin. Source link

Bitcoin miner Sphere 3D refutes Gryphon’s claims of financial doubts: 'Disingenuous'

Sphere 3D refuted accusations made by Gryphon Digital Mining, requesting a block on millions of dollars on the grounds that Sphere was on the “verge of economic collapse.” Source link

Bitcoin is hedge against 'horrible' gov't fiscal policy

Bitcoin as a “flight to safety” is a recurring theme in 2024 as multiple states deliberately devalue their currencies, says Cathie Wood. Source link

Bitcoin miner bankruptcies will be less common this time around

Bitcoin mining bankruptcies won’t be as common post-halving thanks to a reduction in leverage trading and an uptick in mergers and acquisitions, says Hut 8 CEO Asher Genoot. Source link

Cathie Wood’s ARK Bitcoin ETF has record $87M outflow, surpassing GBTC

ARK 21Shares has seen an outflow of $87.5 million on April 2, surpassing that of Grayscale. Source link

Spot Bitcoin ETF trading volume tripled in March to $111 billion

Trading volumes on Bitcoin’s spot ETFs hit $111 billion in March. Source link

$2B Silk Road Bitcoin seized by DOJ moves to new wallet

More than 30,000 Bitcoin connected to James Zhong, responsible for stealing crypto from the Silk Road marketplace, moved to a new address on April 2. Source link

Crypto giants rally behind Bitcoin emoji movement

Nexo and a coalition of 35+ crypto leaders are rallying for a Bitcoin emoji, with over 10,000 endorsements in just one week. Source link

Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations

A sudden 5% drawdown in the price of Bitcoin has caused more than $165 million in leverage positions to be wiped out, with Bitcoin and Ether longs leading the pack. Source link

Open-source Bitcoin education aims to spread global financial literacy

An open-source Bitcoin educational diploma is trying to revolutionize global financial literacy, by providing educators and learners worldwide with accessible Bitcoin education materials. Source link

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