Publicly traded Bitcoin services firm Fold is rolling out a program to let companies grant employees bonuses in crypto.
Bitcoin's momentum stalled on Thursday as the asset retreated from a peak of $79,500 to consolidate around $78,000. This 1.2% dip marked the cryptocurrency's first 24-hour loss in several days, resulting in a $10 billion decline in total market capitalization.
Bitcoin (BTC) price faces a potential correction in the near term as spot demand wanes amid more bearish whale derivatives traders.
Pantera Capital and other investors pressure Satsuma to dump $50M Bitcoin as stock collapses over 98%.
Bitcoin (CRYPTO: BTC) is entering a structurally different phase of market development, according to Matt Hougan and Ryan Rasmussen at Bitwise Asset Management. Weak Q1, Strong Narrative Shift In a Apr.22 interview with Milk Road, Hougan and Rasmussen described Q1 as the weakest crypto quarter in several years across price action and on-chain metrics.
Pantera Capital Management is among shareholders pushing London-listed Satsuma Technology Plc to sell its remaining roughly $50 million in Bitcoin and return capital to shareholders. The effort is one of the clearest signs yet that the once-popular Bitcoin treasury trade is losing support.
The United States military is exploring Bitcoin (BTC) as a cybersecurity tool, raising eyebrows from several crypto users.
Strategy (MSTR), under the leadership of Michael Saylor, has now officially secured its position as the largest Bitcoin holder in the world, surpassing the flagship ETF from BlackRock (IBIT). The only remaining, almost mythical barrier is the wallets of Bitcoin's creator, Satoshi Nakamoto.
Bitcoin faces renewed downside risk as fresh on-chain data suggests the latest rally is being driven more by speculation than sustained demand.
Satsuma Technology is under pressure from its investors, including Pantera Capital, to liquidate its Bitcoin treasury to reimburse shareholders.
Bitcoin price has fallen to $77,526 after Trump ordered the Navy to “shoot and kill” Iranian boats laying mines in the Strait of Hormuz.
Galaxy's Alex Thorn says Strategy now holds more Bitcoin than BlackRock's IBIT and, if its pace holds, could match Satoshi's estimated 1.1m BTC stash within two years.