Surging Bond Market Portends Another Bitcoin Bull Run
The growth of the US bond market has historically correlated with rising bitcoin prices. Recent changes may indicate a new bullish trend.
The growth of the US bond market has historically correlated with rising bitcoin prices. Recent changes may indicate a new bullish trend.
Norway now indirectly owns 2,446 BTC through its sovereign wealth fund, marking a key move in Bitcoin adoption.
Meme coins have outperformed Bitcoin and Ethereum in profits, but this week 4 of the 6 biggest meme coins were losers.
Marathon Digital increased its Bitcoin holdings to over 25,000 BTC by buying 4,144 BTC at $59,500 each, financed through a $300 million bond offering.
Bitcoin dropped 2.5% to $59,100 after the US government moved 10,000 BTC linked to Silk Road.
The recent Bitcoin decline has put many new investors under financial stress, as shown by Bitfinex indicators.
Marathon Digital Holdings announced a $250 million convertible bond offering aimed at institutional buyers to purchase Bitcoin and support corporate growth.
Dogecoin jumped 5% in the last 24 hours while Bitcoin remained stable above $61,000 after a volatile weekend.
Bitcoin forms a bullish flag supported by increasing buyer pressure, strengthening expectations of a price breakout.
A Bitcoin wallet inactive since 2010 suddenly transferred 250 BTC to five new addresses, waking up after 11 years.