Cosmos Health Purchases $600,000 in Bitcoin to Boost Digital Treasury

Cosmos Health Inc. has just acquired $600,000 worth of Bitcoin. This is not a small investment for the company listed on Nasdaq under the symbol COSM, currently trading at $0.36 per share.

Bitcoin Facing $75K Sell Wall Despite Whale and Institution Buy-Ins, Here’s Why

Bitcoin (BTC) has been consistently trading below $75,000 for the past 35 days, after falling below this level on February 4. This month, the flagship cryptocurrency hit $74,031 following optimism around favorable regulations, but has since pulled back to trade at $70,525 at press time.

Bitcoin Price Prediction: New US Inflation Report Just Released — Where is BTC Going Now?

The U.S. inflation numbers are finally out, and markets are trying to figure out what they mean for Bitcoin price.The February Consumer Price Index (CPI) came in exactly where economists expected. Inflation rose 0.3% month over month, while the annual rate held around 2.4%. Core inflation, which strips out food and energy, increased 0.

Bitwise Says Bitcoin Could Hit $1 Million as Store-of-Value Demand Surges

TL;DR Bitwise analysts say Bitcoin could reach $1 million if it captures a larger share of the global store-of-value market. The firm estimates that this market is currently worth nearly $38 trillion, largely dominated by gold.