BitGo Posts $3.8B Revenue, $60.7M Loss amid Bitcoin Decline and IPO Costs in Q1
Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed…
Bitcoin May Undo Rally After Hitting Resistance: CryptoQuant
Bitcoin is at risk of falling into a downtrend after its price hit a key historical “major bear market resistance level” based on its 200-day moving average,…
Bitcoin Firm Nakamoto Records Q1 Net Loss Despite Revenue Boom
Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its…
Bitcoiner Claims Claude Helped Him Recover 5 Bitcoin
A Bitcoiner’s post has gone viral on X after he claimed to use Anthropic’s AI chatbot Claude to recover 5 Bitcoin worth about $320,000 that he had been unable to…
Should Bitcoin Investors Be Worried?
Key takeaways:A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move.Rising oil prices and Fed liquidity…
Bitcoin and several major altcoins are at a crucial juncture
Key points:Bitcoin has reached a crucial support, as a break below the $79,000 level may deepen the pullback.Several major altcoins are facing selling pressure,…
Bitcoin Short-Term Holder Sell Pressure Eases as Traders Monitor CLARITY vote
Bitcoin (BTC) traders expected a quick move toward $90,000 after the upcoming CLARITY Act vote on Thursday, as improving market conditions and easing short-term…
Ether May Soar to Five-Digit Prices Fueled by Rising Institutional Adoption
Market analysts said Ether (ETH) was ready to continue its uptrend following moves by JPMorgan and BlackRock to launch tokenized funds on the Ethereum network.…
Four-Year Highs In US PPI Data Cost Bitcoin the $80,000 Mark
Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm.Key points:Bitcoin price action sees fresh downside…