On-chain data shows that Bitcoin investors’ profit-taking has observed a huge decline since last month’s top, a sign that could be positive for BTC. Bitcoin Realized Profit To Exchanges Now Down To $277 Million Per Day According to data from the on-chain analytics firm Glassnode, trader profit-taking in the Bitcoin market has cooled off significantly…
Michael Saylor, Executive Chairman of MicroStrategy and a prominent Bitcoin evangelist, has held his 3-minute presentation to the Microsoft (MSFT) Board of Directors and CEO Satya Nadella, articulating why the company should adopt BTC as a reserve asset. Why Microsoft Should Adopt Bitcoin: Saylor Saylor, who was invited to present his insights, emphasized the critical…
Bitcoin has entered a consolidation phase just below the $100,000 level, following an impressive rally that saw the price hitting all-time highs nearly every day for almost three weeks. While the market has quieted down recently, Bitcoin’s bullish momentum remains strong, and many analysts believe the pause is merely temporary before another upward push. Top…
