Andrew Kang, founder of crypto venture firm Mechanism Capital, has reportedly doubled his bullish bet on Bitcoin, taking a $200 million long position.
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Category: Bitcoin
Scotland’s Lomond School to Become First in UK to Accept Bitcoin for Tuition
Lomond School in Scotland is set to become the first educational institution in the United Kingdom to accept Bitcoin for tuition payments.
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Trump’s Global Tariffs Impact Even Large Bitcoin Miners
Decisions by US President Donald Trump have had a severe impact on the crypto mining industry, even on the largest Bitcoin miners, pushing them into the net-negative realm.
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US Bitcoin Miners Prepare for Business Disruptions Due to China Tariffs
The new U.S. tariffs on Chinese goods are driving up operational costs for American Bitcoin miners, forcing many to reconsider equipment sourcing strategies and potentially relocate operations overseas to stay viable.
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The Involvement of Isaev and Gamgoneishvili SoftSwiss in Online Gambling
Russian entrepreneurs Roland Isaev and Paata Gamgoneishvili have become significant figures in the realms of online gambling and cryptocurrency payments. Ongoing investigations have uncovered their […]
Bitwise Sticks to $200K Bitcoin Price Target Despite Rising Global Tensions
Despite mounting global trade tensions and economic uncertainty, institutional crypto investment firm Bitwise remains confident in its bold year-end Bitcoin forecast.
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Bitcoin and Altcoin Spot Trading Volumes Decline Amid Market Volatility: CryptoQuant
Bitcoin trading volumes dropped substantially in Q1 2025, from $44 billion to $10 billion, according to CryptoQuant. Altcoin volumes also fell, but Binance gained market share as the leading exchange.
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Michael Saylor’s Strategy May Need to Sell BTC at a Loss To Cover Debt, What Does This Mean For the Bitcoin Price?
Michael Saylor’s Strategy faces mounting pressure to sell Bitcoin reserves at a loss to cover debt obligations, raising questions about the impact on Bitcoin’s price and the firm’s long-term crypto strategy.
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China Hits Back With 84% Tariffs on U.S. Goods, Bitcoin Drops to $76K
China tariffs surge to 84% in retaliation for U.S. duties, leading to renewed fears of a prolonged trade war. Bitcoin plunged below $76K as investors reacted to the mounting economic uncertainty.
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Ethereum Has Outperformed Bitcoin Only 15% of the Time Since Launch, Analysts Say
Since Ethereum’s launch in 2015, it has only outperformed Bitcoin on 15% of trading days, according to data shared by analysts.
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