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Gold Price Extends Gains Beyond $3,420/oz: What Next for Bitcoin Price?
Gold (XAU) price gained nearly 3 percent in the past 24 hours to trade at about $3,424 per ounce on Tuesday, May 6, during the mid-Northern American session. The top-tier precious metal extended its gains on Tuesday as India launched a military offensive attack against Pakistan following a recent terror attack. The demand for Gold …
Steve Muchoki·7 May 20252 min
KULR Technology Buys Additional 42 Bitcoin Worth $4M: Company’s BTC Trove Surges to 716.2 Coins
KULR Technology Group, Inc. (NYSE: KULR), a Texas-based company focused on developing and commercializing advanced thermal management, announced that it acquired 42 Bitcoins worth about $4 million on Tuesday, May 6, 2025. According to the announcement, KULR Technology increased its Bitcoin holding to 716.2 BTC, currently worth about $67.8 million as BTC hovers below $95k. …
Steve Muchoki·7 May 20251 min
SOL Strategies Buys 122k SOL Worth $18.2M: Can Solana Bulls Reclaim Momentum?
SOL Strategies Inc. (CSE: HODL), a Canadian company dedicated to the growth and development of the Solana blockchain, announced the purchase of 122,524 SOL worth about $18,250,730 at an average price of about $148.98 per coin. At the beginning of this month, SOL Strategies announced the closing of the initial $20 million of its $500 …
Steve Muchoki·6 May 20252 min
XRP Price Analysis: Can Rising Adoption of RLUSD Curb XRP Drop to $2 Again?
After closing last week with a bearish outlook, XRP price opened this week on a similar note. The large-cap altcoin, with a fully diluted valuation of about $214 billion and a 24-hour average trading volume of about $2.2 billion, dropped 6.6 percent in the last seven days to trade about $2.15 on Monday, May 5, …
Steve Muchoki·6 May 20252 min
U.S. SEC Delays Decision on Canary Litecoin ETF: LTC Price Drops Over 3%
The United States Securities and Exchange Commission (SEC) delayed its decision making on the proposed rule change to list and trade Canary Litecoin ETF. According to the announcement by Sherry Haywood, assistant secretary at U.S. SEC, the commision is now seeking public comments on whether the proposal to list the ETF complies with regulatory requirements, …
Steve Muchoki·6 May 20252 min
Riot Platforms Announces April 2025 Production: Company Sold BTC for the First Time in 15 Months
Riot Platforms Inc. (NASDAQ: RIOT), a United States-based Bitcoin (BTC) mining company, announced its unaudited production and operations update for April 2025. For the first time since January 2024, Riot Platforms made its first Bitcoin sale of about 475 BTCs in April, thus deviating from its maximalist approach. The company announced that it managed to …
Steve Muchoki·6 May 20251 min
Price AnalysisBitcoin Price Analysis: BTC Price to $91k Before $100k Next
After closing last week in an inverted hammer candlestick, Bitcoin (BTC) price faces a short-term bearish outlook. As the total crypto market cap slipped 3 percent to about $3.04 trillion in the past 24 hours, the flagship teased below $94k earlier on Monday. According to the latest market data at the time of this writing, …
Steve Muchoki·5 May 20252 min
Litecoin Price Prediction: Is Now a Great Opportunity to Buy LTC?
The rise of Bitcoin (BTC) price above $95.5k in the past two days has sparked a surge in altcoin speculation, led by Litecoin (LTC). The demand for risky crypto assets has helped the LTC price signal bullish sentiment, in the near future, especially after consolidating in the past few years. According to the latest market …
Steve Muchoki·3 May 20252 min
Thumzup Media to Raise Up to $200M to Purchase More Bitcoins
Thumzup Media Corporation (NASDAQ: TZUP), a Los Angeles-based Software-as-a-Service (SaaS) company focused on social media marketing and advertising, filed Form S-3 with the United States Securities and Exchange Commission (SEC) to offer up to $200 million. The company announced that it may partake in one or more offerings to sell common stock, preferred stock, warrants …
Steve Muchoki·3 May 20251 min