Bitcoin (BTC) price trades above $111,400 and eyes $112k amid new bullish momentum. Strategy, formerly MicroStrategy, has announced plans to buy up to $2.1 billion in BTC. The company’s plans and overall market outlook are boosting bulls. Bitcoin (BTC) rose above $111,000 again after a brief retreat from its all-time high. The top crypto traded at $111,486 at the time of writing, just off the ATH of $111,861 reached on Wednesday. While the daily range included a revisit of prices below $111k, Strategy’s, formerly MicroStrategy, announcement looks to have injected fresh impetus into Bitcoin bulls. With BTC near $111.5k, bullish…
Author: cryphedge
Bitcoin (BTC) price surged past $110,000 on Thursday, setting a new all-time high above its January peak of $109,588. This marks the second time in 2025 that Bitcoin has broken its previous record, further reinforcing its ongoing bullish trend. The rally comes even as U.S. stock markets posted declines on Wednesday, showing BTC’s relative strength in a shifting macro environment. Bitcoin has gained over 50% since hitting a local low below $75,000 on April 7, signaling strong buying interest. According to the latest market data, Bitcoin’s total market capitalization now stands at $3.49 trillion. The daily trading volume has increased…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: May 21, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
The hacker responsible for the Coinbase data breach has directly mocked prominent blockchain investigator ZachXBT through an on-chain message following a major cryptocurrency swap. The attacker wrote “L bozo,” along with a meme video of NBA player James Worthy smoking a cigar, on May 21 using Ethereum transaction input data. The threatening message followed the hacker’s exchange of about $42.5 million of Bitcoin for Ethereum through the THORChain cross-chain platform. This show of disrespect for one of the most renowned investigators in the crypto community demonstrates the brazenness of cybercriminals in the industry. ZachXBT flagged the provocative message on his…
ZUG, Switzerland, May 22nd, 2025, Chainwire Impossible Cloud Network wins investment from Helium backer NGP Capital to expand decentralized cloud services Impossible Cloud Network (ICN), Web3’s leading decentralized cloud network, is announcing a new investment from NGP Capital, the venture capital firm that invested in Helium, is backed by telecommunications giant Nokia, and has just valued ICN at $470 million. Led by tech entrepreneur Kai Wawrzinek, founder of NASDAQ Unicorn Goodgame Studios, ICN is meeting increasing demand for data-sovereign cloud solutions. The funding round from NGP has attracted substantial interest from Web2 leaders keen to expand into this growing sector. …
A new survey has revealed that even though cryptocurrency awareness in Singapore continues to rise, the number of actual crypto holders has relatively declined. Crypto Trends in Singapore: 94% Know At least One Cryptocurrency According to the 2025 Singapore Crypto Market Survey released by licensed exchange Independent Reserve, 94% of Singaporeans are now familiar with at least one cryptocurrency. However, actual ownership has fallen from 40% in 2024 to 29% this year. The survey, conducted in February with 1,500 participants, marks the fifth consecutive year that Independent Reserve has assessed trends in crypto awareness, adoption, and investor sentiment in the…
Bitcoin has climbed to a new record high, surpassing $111,000, as institutional buyers push capital into the crypto market.Data from CryptoSlate shows Bitcoin reached a peak of $111,782 before pulling back slightly to $110,992 as of press time.According to blockchain analytics provider Sentora, the rally places every Bitcoin holder in profit. This development reflects the strength of the current uptrend and the increasing demand for digital assets among larger market participants.Bitcoin Traders’ Profitability (Source: Sentora)Kraken’s Global Economist, Thomas Perfumo, told CryptoSlate that multiple factors are driving Bitcoin’s current price performance.He pointed to the recovery in equity markets, robust ETF inflows,…
BzzDrop, a groundbreaking Web3 platform, today announced the official launch of its native token $BZZ alongside the rollout of the world’s first “Survey-to-Earn” blockchain-based reward system. The platform aims to revolutionize the way users earn cryptocurrency by enabling them to complete simple surveys in exchange for immediate BNB rewards, all powered by transparent and secure blockchain technology.As part of the launch, BzzDrop has also introduced a large-scale airdrop campaign to reward early adopters and community members.Introducing BzzDrop: A New Way to Earn Through SurveysBzzDrop bridges the gap between market research and blockchain utility. Unlike traditional “earn-to-participate” models, BzzDrop offers an…
There’s a quiet rotation happening in the crypto markets — and it’s not just among casual traders. Whales and major investors in Bitcoin (BTC), Cardano (ADA), and XRP are beginning to reposition themselves, with attention moving toward what could be the next altcoin breakout. That token? MAGACOIN FINANCE (MAGA) — a high-volatility play gaining rapid traction as Stage 8 heats up. Behind the scenes, capital is moving. Analysts say this stealth accumulation phase may signal the beginning of a significant market pivot — one that could push MAGACOIN FINANCE into explosive territory before most investors even notice. CLICK HERE –…
The WLFI team did not specify the financial details of the $B support but its impact was palpable.The rising optimism of an altseason amid the re-emergence of FOMO traders will help $B sustain bullish sentiment.A recently launched memecoin on the BSC chain dubbed BUILDon (B) rallied over 150 percent in the last 24 hours to trade above $0.1 on Wednesday, during the late North American trading session. The small-cap memecoin, with a fully diluted valuation of about $102 million and a 24-hour average traded volume of about $60 million, recorded staggering gains after an endorsement from Donald Trump-backed World Liberty…
