French Montana opted for a unique release strategy for his previously unreleased track “Bag Curious.” On March 14, the Mac & Cheese 5 account on X (formerly Twitter) announced that the song had been inscribed ont the Bitcoin blockchain. This marks an early example of a mainstream musician exploring blockchain distribution. The Mac & Cheese…
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The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter…
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Bitcoin is closing out the week on a rather bearish note after suffering a massive crash in the early hours of Friday. The crash pushed the price below $66,000, drawing the rest of the crypto market down with it in the process. The reason for this crash could be traced back to what started the…
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Bitcoin (BTC) fell below weekly lows on Friday, reaching as low as $65,600 after hitting fresh all-time highs. However, market observers remained calm, attributing the dip to typical corrective moves within a broader uptrend. Popular commentator On-Chain College, which boasts over 52k followers on X, noted that a 10% retracement in Bitcoin’s price is normal…
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Crypto users can pay Bitcoin to subscribe and watch movies, says streaming platform Movies Plus. In an announcement on Wednesday, the free movie streaming app Movies Plus said that it has become the “first streaming platform to accept Bitcoin.” BREAKING Movies Plus becomes the first streaming platform to accept Bitcoin! You can now pay for…
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Today’s Bitcoin price movement is a confluence of factors including massive liquidations, macroeconomic pressures, and the impact of negative Coinbase Premium alongside Bitcoin ETF dynamics. These elements combined have led to a noticeable dip in Bitcoin’s price. #1 Long Liquidations Today’s Bitcoin market saw a significant price drop, initiated by a sweeping liquidation event on…
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The price of the leading cryptocurrency Bitcoin faced a deep correction from its all-time highs during early Asian hours on Friday. Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.…
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Longtime Bitcoin critic Peter Schiff admitted on March 13 that he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a “pure Ponzi scheme.” During a televised debate, Schiff said that his net worth could have…
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JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions. Both groups, the bank claimed on March 14, have joined momentum traders like commodity trading advisors in burrowing money into both gold and bitcoin futures. JPMorgan’s Bitcoin Analysis The bank’s analysis is a countertheory to…
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Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research at FalconX – an institutional crypto brokerage – told Cryptonews that…
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