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MicroStrategy BTC paper loss hit $1.3B but no plans to stop trading bitcoin
MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020. Despite making a paper loss of about $1.3 billion in 2022, MicroStrategy’s chief financial officer,
Bitcoin slips amid market reaction to US jobs report
Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data. The US added 517,000 jobs, against an estimated 188,000 and unemployment fell to 53-year low
Jasmy price technical analysis as rebound accelerates
Jasmy Coin price has jumped by over 152% from its 2022 low. The coin has more room to run but a short-term pullback can’t be ruled out. The Jasmy Coin price rose on Monday, continuing a bullish trend that started in December when it dropped
Lightning Network hits all-time high in Bitcoin capacity
Lightning Network has reached over 5,490 in Bitcoin payments capacity, an all-time high. Transactions in BTC on the layer-2 payments network have increased roughly 63% since January 2022. The increased Bitcoin micropayments via Lightning Network comes as BTC price retreats below $23k after a great
Bitcoin’s on-chain metrics are flipping bullish: Bitfinex report
Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news. Bitcoin is
Bitcoin exchnage LocalBitcoins is shutting down
LocalBitcoins to shut down peer-to-peer (P2P) crypto platform Finland-based Bitcoin trading service has been in operation for over 10 years. The team cites a difficult crypto winter for the reason the exchange is calling it a day. LocalBitcoins, a peer-to-peer (P2P) cryptocurrency exchange that counts
Long-term Bitcoin holders at all-time high, but price not cooperating
Key Takeaways Two-thirds of the Bitcoin supply has not moved in over a year Metrics for percent of supply unmoved in 2+, 3+ and 5+ years also at all-time highs The average hold period for Bitcoin on-chain is 3.8 years Despite thesis that dwindling supply