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Bitcoin News / Bitcoin.com - 4 months ago

Blackrock Warns of Bitcoin Supply Shock—Not Enough BTC for Every Millionaire

Blackrock warns that bitcoin’s scarcity is more severe than widely believed, predicting that if every U.S. millionaire sought just one BTC, there wouldn’t be enough to meet demand. Blackrock Warns: Not Enough Bitcoin for Every Millionai...

Bitcoin News / Bitcoinist - 4 months ago

Bitcoin Traders Hit By Extreme Fear Again As Price Crashes To $82,000

Data shows the Bitcoin trader sentiment has plunged back into the extreme fear zone as the asset’s price has erased its recent gains. Bitcoin Has Already Retraced The Crypto Reserve Hype Rally Bitcoin and the rest of the cryptocurrency market k...

Bitcoin News / Bitcoinist - 4 months ago

Mexican Billionaire Reveals 70% Exposure To Bitcoin And Related Investments

According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas’ current net worth at approximately $5.8 bil...

Bitcoin News / Bitcoin.com - 4 months ago

Hut 8 Reports $80.7 Million in Crypto Revenue, Bitcoin Reserve Rises to 10,171 BTC

Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Exp...