Bitcoin traders are reducing their risk exposure as Donald Trump’s winning odds slide for the upcoming US election.
Bitcoin news
Bitcoin short-term holders panic and send coins to exchanges at a loss as a BTC price U-turn gathers momentum.
Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.”
Stephen Mollah is the latest to claim he invented Bitcoin, and a London event to show proof of the claim was reportedly “hilarious and heart-breaking.”
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments.
Coinbase’s share price experienced its largest daily drop in over two years amid a broader stock market decline, yet traders remain bullish on the firm’s earnings prospects for 2025.
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.
Giancarlo Giorgetti said cryptocurrencies like Bitcoin presented a “very high level of risk,” highlighting the need for additional taxes.
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans.
Sovereign pension funds are increasingly seeking exposure to Bitcoin following the introduction of spot ETFs in the United States.