Semler Scientific, a healthcare technology provider, has recently intensified its engagement with Bitcoin by making a substantial purchase of 303 BTC for $30 million. This move has not only increased its total holdings to 1,873 BTC but also illustrates a strategic pivot towards cryptocurrency, leveraging proceeds from its at-the-market stock offering. The renewed investment into
investment
The Bitcoin market has witnessed an exhilarating surge, recently surpassing the $100,000 mark for the first time in history. This achievement has ignited a wave of optimism among investors and crypto enthusiasts alike. However, such monumental price movements come with a mix of excitement and trepidation, as analysts weigh in on the sustainability of this
On December 5, 2024, Bitcoin crossed the remarkable threshold of $100,000, prompting the Financial Times (FT) to publish a piece that many considered more contentious than conciliatory. This piece, crafted by City Editor Bryce Elder on FT Alphaville, attempted to apologize for the publication’s long history of critical coverage of Bitcoin. However, rather than genuinely
The arrival of US Spot Bitcoin Exchange-Traded Funds (ETFs) has marked a watershed moment for both Bitcoin and the larger cryptocurrency landscape. Since their inception in January 2024, these ETFs have experienced explosive growth, fundamentally altering the dynamics of digital asset investment. With their rise, they’ve set new records in traditional financial markets and have
Bitcoin (BTC), the largest cryptocurrency by market capitalization, has recently experienced a dramatic surge, reaching unprecedented heights. This upward momentum, however, has not been without its challenges, as evidenced by a significant retracement that saw Bitcoin drop from an all-time high (ATH) of $103,600 down to the low $90,000s within a short span. This article
Bitcoin has once again showcased its infamous volatility, reaching an impressive high of $102,000 before a significant downturn. This erratic behavior isn’t new for the leading cryptocurrency, which has seen dramatic price swings characterizing its existence. After a substantial drop earlier in the week, where Bitcoin hovered around the $93,500 and $94,500 marks, the market
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance, alongside its U.S. affiliate Binance.US and former CEO Changpeng Zhao, has stirred significant conversation in the world of digital finance. The SEC’s lawsuit, initially filed earlier this year, alleges that the platforms operated an unregistered securities exchange in violation
In a striking example of vulnerability in the cryptocurrency space, a user on X, known as “LeftsideEmiri,” reported a staggering loss of $300,000 due to a sophisticated social engineering scheme. This incident serves as a stark reminder that even the most cautious individuals can fall prey to cybercriminals. “I never thought it would happen to
The recent news surrounding the US Securities and Exchange Commission (SEC) indicates a pivotal moment for both the Solana (SOL) ecosystem and the broader cryptocurrency market. Reports from Bloomberg suggest that the SEC plans to reject two recent applications for Solana-based spot exchange-traded funds (ETFs). Eric Balchunas, a senior analyst at Bloomberg ETF, characterized these
The leap in Bitcoin’s value past the $100,000 mark is more than just a milestone for investors; it’s a testament to the audacity of nations willing to integrate cryptocurrency into their economic frameworks. El Salvador, a Central American country often overlooked in global finance discussions, made headlines in 2021 by embracing Bitcoin as legal tender.