Smarter Web Company Raises $56M After Massive Bitcoin Buy
The Smarter Web Company, a UK-based digital services firm, has made headlines after raising $56 million just days after spending over $20 million on Bitcoin. The company’s strategic shift into Bitcoin comes amid a broader trend of UK firms increasing their crypto holdings, even in the absence of clear regulatory
Bitcoin Poised for $111K Liquidity Grab as Market Eyes Monthly Close
Bitcoin (BTC) is once again the centre of attention in the crypto market as traders brace for a potential liquidity grab that could propel its price to $111,000. With the flagship cryptocurrency consolidating near the $107,000 mark after a recent rebound, analysts are closely watching exchange order books and liquidity
Trump Slams Fed Ahead of Rate Decision, Bitcoin Holds Its Breath
Just hours before the U.S. Federal Reserve’s highly anticipated interest rate announcement, President Donald Trump launched a scathing attack on Fed Chair Jerome Powell, reigniting political pressure on the central bank. Speaking from the South Lawn of the White House, Trump labelled Powell “stupid” and accused him of costing the
Bitcoin Eyes Fresh Highs After Mirroring 2024 Rally Pattern Amid Geopolitical Tensions
Analysts Highlight Bullish Setup as BTC Rebounds from Conflict-Driven Dip Bitcoin is once again flashing signs of a strong bullish reversal, echoing a pattern last seen during the Israel-Iran conflict in late 2024. After briefly dropping 5.5% in response to renewed Middle East tensions, the cryptocurrency has recovered quickly, with
Bitcoin Eyes New High Amid US-China Trade Deal Optimism
Bitcoin is inching closer to a new all-time high, fuelled by fresh optimism surrounding a long-anticipated trade agreement between the United States and China. US President Donald Trump announced on Truth Social that the trade deal is “done,” pending final approval with Chinese President Xi Jinping. The proposed agreement signals
Bitcoin Hits $110K as Crypto Stocks Jump Up to 10%
As Bitcoin continues its upward momentum, US crypto-linked stocks followed suit on Monday, buoyed by a growing trend of public companies adding the leading cryptocurrency to their balance sheets. While most crypto-related firms posted gains, not all companies rode the rally, with notable exceptions like Robinhood lagging behind. Bitcoin Climbs
Bitcoin Profit-Taking Surges After Record High
Bitcoin’s recent price surge has reignited interest and speculation across the crypto markets. A notable bullish signal was confirmed on May 22 when Bitcoin’s 50-day Simple Moving Average (SMA) crossed above its 200-day SMA, a technical pattern known as the golden cross. This indicator typically suggests long-term upward momentum, often
Norwegian Crypto Exchange Soars 138% After Bitcoin Treasury Move
Shares of the Norwegian Block Exchange (NBX) surged over 138% on June 2, following the announcement of its entry into the corporate Bitcoin treasury space. The Oslo-based crypto platform revealed it had acquired 6 Bitcoin (BTC) valued at approximately $633,700 with plans to increase this to 10 BTC by the
Bitcoin 2025 Conference Sparks Fears of Repeat Price Crash
As the Bitcoin 2025 Conference begins in Las Vegas, market analysts and traders are growing increasingly wary of a potential price correction, possibly echoing last year’s dramatic 30% drop. The world’s largest cryptocurrency circled the $110,000 mark at the Wall Street open on 27 May, bouncing slightly after testing support
Texas Passes Bill to Establish Strategic Bitcoin Reserve
The bill, which proposes the creation of a Strategic Bitcoin Reserve, now heads to Governor Greg Abbott’s desk for final approval....