Bitcoin News and Finance: What You Need to Know

The price of bitcoin barreled past the $110,000 mark, notching an intraday peak of $110,587 per coin. With that move, the top digital currency now commands a market cap of $2.19 trillion—taking up 63.8% of the $3.44 trillion crypto economy. At the time of writing, at 7:30 p.m. Eastern time, bitcoin is changing hands for […]

KULR Technology Group Inc. acquired 118.6 bitcoin for approximately $13 million, increasing its corporate treasury holdings. The purchase price averaged roughly $107,861 per bitcoin, the company stated Monday. This brings KULR’s total bitcoin holdings to 920 BTC. Those 920 BTC represent a total investment of about $91 million, acquired at an average price of $98,760 […]

Bitcoin’s implied volatility has dipped to yearly lows as price action remains muted in a tight $100K–$110K range. Traders are now pushing bullish bets into September, amid fading near-term catalysts. Bitcoin in a Lull as Market Awaits Catalyst Bitcoin is showing signs of summer slumber as implied volatility (vol) measures continue to decline, marking fresh […]