Charles Kibue

The Bitcoin price dropped 2% in the past 24 hours, trading at $108,218, amid a 12% daily trading volume surge to $40.4 billion. Bitcoin fell to $104,000 last week, but analysts say the drop was a healthy reset, not the start of a crash. Glassnode reported that the fall helped clear excess leverage, with traders […]

ProShares, a major investment firm, has submitted an application to the U.S. Securities and Exchange Commission(SEC) seeking approval to launch a new crypto ETF. The ETF will track the CoinDesk 20 Index, which measures the performance of the top 20 cryptocurrencies by market capitalisation. According to the SEC filing, the new fund, called ProShares CoinDesk […]

The Bitcoin price dropped 2% in the past 24 hours to trade at $107,218 on a 12% daily trading volume surge to $40.4 billion. This price decrease comes despite Strategy, continuing its steady Bitcoin purchases. The company recently added 168 BTC for $18.8 million at an average price of $112,051 per coin. With this purchase, […]

Binance founder Changpeng Zhao, also known as CZ, forecasts that Bitcoin will one day be worth more than gold, which is currently valued at $30 trillion. Gold is the most valuable asset in the world, while Bitcoin, the top cryptocurrency, is ranked 8th globally with a total value of around $2.2 trillion, and a price […]

The Bitcoin price jumped 3% in the past 24 hours to trade at $110,368 on a 57% daily trading volume surge to $57.1 billion. This comes after Michael Saylor, executive chairman of Strategy, said his company can convert new capital into Bitcoin almost instantly, describing the process as “a thousand times faster” than traditional investments […]