MicroStrategy takes its BTC maximalism to the next level with new engineer hire

MicroStrategy, the business intelligence and tech company that holds the world’s largest Bitcoin (BTC) reserve, is hiring a Bitcoin Lightning software engineer to create a Lightning Network-based software-as-a-service platform. The new engineer... Read more »

Bitcoin profitability for long-term holders decline to 4-year low: Data

Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their... Read more »

Market manipulation claims will be hardest ‘nut to crack’ in Bitcoin ETF approval — WisdomTree

Will Peck, the head of digital assets at exchange-traded fund provider WisdomTree said regulators in the United States will “ultimately get there” on approving a Bitcoin spot investment vehicle, but dealing with... Read more »

Crypto startup to save iconic fiat money sculpture with 1M euros funding

The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic Euro monument in Frankfurt. Frankfurt-based crypto startup Caiz Development will provide... Read more »

Bitcoin price charges higher, but whales line up to sell BTC at $20K

Bitcoin (BTC) staged a welcome comeback after the Sept. 28 Wall Street open as bulls faced off with whale-sized sellers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Whales lie in wait at... Read more »

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches

This week, the $20,000 resistance is proving to be stronger than expected and even after Bitcoin (BTC) price rejected this level on Sept. 27, BTC bulls still have reasons not to give... Read more »

BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market

Bitcoin (BTC) hit new weekly lows into Sep. 28 as risk asset drawdown continued overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: “First new lows” before Q4 recovery Data from Cointelegraph... Read more »

Bitcoin price fails to hold $20K again, but there is a silver lining

Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at... Read more »

What will happen to Bitcoin and Ethereum if traditional markets break?

Michael J. Burry, the financial wizard who was portrayed in the movie “The Big Short”, is known for predicting crises. For instance, his investment fund made billions from the 2008 housing crash,... Read more »

Is it Bitcoin’s time to shine? British pound drops to all-time low against the dollar

On Sept. 26, the British pound hit a record low against the U.S. dollar following the announcement of tax cuts and further debt increases to curb the impact of a possible economic... Read more »