Bitcoin - Crypto News And Market Updates

Tether Reveals $1.5 Billion in Bitcoin Holdings as Reserves Hit Record $81.8 Billion

May 10, 2023 Gonzalo

Tether discloses $1.5 billion in Bitcoin reserves, $3.4 billion in gold, and record profits of $1.48 billion, strengthening its dominance in the stablecoin market.

Image showing Warren Buffett–themed market illustration, reflecting cash positioning concerns and contrasting views on Bitcoin investment risk.

Warren Buffett Moves Into Cash — Should Bitcoin Investors Brace for a Crash?

May 9, 2023 Gonzalo

Warren Buffett’s Berkshire Hathaway is hoarding cash, signaling caution for risk assets. Analysts warn that Bitcoin, still tied to equities, could face renewed pressure.

Image showing Paxful resuming marketplace operations after a shutdown, symbolizing platform recovery and peer-to-peer crypto trading.

Paxful Resumes Operations After a Month-Long Shutdown

May 9, 2023 Gonzalo

Paxful’s Bitcoin marketplace is back online a month after its suspension, following regulatory hurdles and internal disputes between co-founders.

Bitcoin Ordinals Explode Past 5 Million as Network Activity and Fees Surge

May 9, 2023 Gonzalo

Bitcoin Ordinals surpass 5 million inscriptions, driven by BRC-20 token hype and text-based assets. While network congestion grows, miners benefit from soaring fees.

Bitcoin symbol integrated into the US banking system, representing growing adoption of Bitcoin by American financial institutions.

Bitcoin Shows Bullish Potential as Correlation to Equities Weakens After Fed Rate Hike

May 5, 2023 Gonzalo

After the Fed’s latest rate hike, Santiment reports that Bitcoin shows bullish signs, rising address activity, and declining correlation with traditional equities.

Digital bank vault connected to blockchain networks, representing secure storage of crypto assets and institutional custody.

Bitcoin Faces Volatility as JPMorgan Rescues First Republic and Fed Readies Rate Decision

May 5, 2023 Gonzalo

Bitcoin dips below $29,000 amid renewed banking turmoil and anticipation of the Fed’s next rate decision. Analysts warn of volatility as macroeconomic risks rise.