As we enter 2023, market players have been giving some extreme predictions for the BTC price from the $5,000 to $250,000 range.
MicroStrategy saw its shares plummet to their lowest level for more than two years after a recent BTC filing.
Citing the speed of transactions on the Lightning network, Saylor noted the delays associated with using credit cards for such a transaction would not affect the Lightning network.
Growth stock Tesla has come under huge selling pressure correcting 72% year-to-date and giving a lead to Bitcoin. Some market analysts believe that the bear market in crypto is far from over and there’s more pain to come ahead.
A close look at the regulatory filing shared by the firm showed that it offloaded a total of 704 Bitcoin units worth approximately $11.8 million.
Troubled crypto miner Argo is set to sell Helios to Galaxy Digital for a much-needed $65 million as insolvency looms.
The suspension of trading activity is because of a major announcement by Argo blockchain on Wednesday. Earlier this month, Nasdaq suspended trading activity for the Bitcoin miner on rumors of the bankruptcy filing.
With the falling Bitcoin price, the miner’s profitability has gone for a toss resulting into major bankruptcies and ultimately pushing the price of ASIC miners to a multi-year low.
BIT Mining has reported this incident to authorities in Shenzhen, China, who are investigating the incident and collecting more evidence.
Bitcoin market watchers had varying price targets for 2022.However, none foresaw any drama that characterized the crypto space.
Soon after the announcement by the official Twitter account, Elon Musk retweeted the launch of this novel feature, claiming that this was one of the many product launches added to the Financial Twitter.
The judgment claims that Peter McCormack couldn’t prove his claims that Craig Wright was a liar and will have to pay a heavy fine of $1.1 million.
By the end of trading on Tuesday, the company’s market capitalization had dropped to $78 million from a $4.3 billion valuation in July 2021 when the company went public.
The hackers are running a blackmail on Nio, and are asking for Bitcoin payment in exchange for user information stolen from the EV company.
While little is known about its fight with the SEC, Grayscale is already preparing for future moves in case it loses the battle.