Bitcoin

Semler Scientific, a pioneer in healthcare technology, has demonstrated its forward-thinking approach by adopting Bitcoin as its primary treasury reserve asset. The company’s decision to purchase 581 Bitcoins for $40 million, including fees, showcases its confidence in the future of digital currencies. Semler Sees Bitcoin as Digital Gold Semler Scientific’s Chairman Eric Semler highlighted Bitcoin’s digital resilience, making it preferable to gold, which has a market value ten times that of BTC. He believes the oldest cryptocurrency could generate outsized…

Donald Trump promises to stop Joe Biden’s anti-crypto policies and support self-custody of digital assets. Trump’s campaign is now accepting crypto donations, making him the first major candidate to do so. Former U.S. President Donald Trump has made a bold declaration regarding the United States’ position in the cryptocurrency industry. In a recent post, Trump emphasized the necessity for the country to be the frontrunner in this growing sector. Highlighting his commitment to fostering innovation and growth within the crypto…

A prominent crypto analyst has made a bold prediction about Bitcoin (BTC), unveiling when the pioneer cryptocurrency would reach its new all-time high. Meanwhile, two altcoins of crypto projects – ETFSwap (ETFS) and Retik Finance (RETIK) are set to follow in Bitcoin’s footsteps to reach new ATHs in the upcoming bull market in 2024.  ETFSwap (ETFS) Set To Reach New All-Time High Above $5 ETFSwap (ETFS) is a decentralized exchange where users can swap cryptocurrencies for tokenized exchange-traded funds (ETFs).…

Mt. Gox transfers approximately 43,000 Bitcoins, leading to a 3% drop in Bitcoin price. The cryptocurrency market is impacted but showing signs of recovery as Bitcoin trades near $67,860. In a historic move, Mt. Gox, previously the world’s largest Bitcoin exchange, has transferred about 43,000 Bitcoins, estimated to be worth around $3 billion, to an undisclosed address. This significant transaction, which was divided into three parts, signifies the first activity from Mt. Gox’s wallets since it halted operations five years…

The post Bitcoin, Ethereum, and Solana Price Prediction: Raoul Pal appeared first on Coinpedia Fintech News Macro guru Raoul Pal has expressed his bullish sentiment towards the cryptocurrency market, particularly Bitcoin, Ethereum, and Solana. He predicts record-breaking highs during the 2024-2025 bull market and foresees its value skyrocketing from $2 trillion to over $100 trillion in the next six years, marking a 50x increase. In his recent interview with Squiggle, Pal explained why crypto will surpass the fastest accumulation of…

The post Mt. Gox CEO Karpelès Confirms: ‘Everything Is Fine’ Amid Bitcoin Transfers appeared first on Coinpedia Fintech News In a significant move, the Mt. Gox cold wallet has transferred 12.24k BTC, valued at around $840 million, to an unmarked address. This is the first such movement from Mt. Gox since July 2019, resulting in several questions and speculations about the implications for the cryptocurrency market. Official Statements Confirms There’s Nothing To Worry About Mt. Gox Trustee Nobuaki Kobayashi released…

The post Bitcoin Faces Rejection at $70K, Top Analyst Calls for Key Support at $66K appeared first on Coinpedia Fintech News Bitcoin’s attempt to break the $70,000 resistance level was blocked by heavy profit-taking, causing a dip to $68,000. The cryptocurrency couldn’t hold the $70,000 level due to significant selling pressure. Meanwhile, market analysts suggest that upcoming US economic data could play a crucial role in shaping investor sentiment and global financial trends. Bitcoin’s Rejection at $70K Renowned crypto analyst…

Massive amounts of bitcoin are being moved out of Mt. Gox wallets in anticipation of disbursement to creditors. All bitcoin owed is set to be returned by the end of October of this year. The Bitcoin price has slipped under $68,000. $9.2 billion in $BTC moves to one wallet The crypto market caught a dose of the jitters once again as news broke of huge $BTC movements out of Mt. Gox wallets. According to the Arkham Intelligence platform, the transactions…

As bitcoin continues to struggle to make a new all-time high, the altcoins are perhaps starting to manoeuvre for their next big push up in this crypto bull market. Bitcoin dominance has broken down. Could this be the beginning of an altcoin run? Altcoins suffer less than $BTC No sooner does bitcoin get a rally going than it meets with rejection. The recent news of $BTC being moved out of Mt.Gox wallets was the probable recent catalyst for this. Of…