MicroStrategy, led by Michael Saylor, has purchased an additional 18,300 Bitcoin for a value of 1.1 billion dollars. With this purchase, the company now holds 244,800 BTC, strengthening its position a...
Category: Bitcoin
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Michaël van de Poppe Predicts Bitcoin Could Reach $300K to $600K in Current Market Cycle
Michaël van de Poppe Predicts Bitcoin Could Reach $300K to $600K in Current Market Cycle: Michaël van de Poppe, Chief Investment Officer at MN Consultancy, has recently projected a potential price ran...
Indicators Have Aligned to Trigger a Bitcoin Bull Run
Crypto analyst foresees a sustained bull run for Bitcoin. October is one of Bitcoin’s historical bullish months. The crypto market can do well even during a recession. Crypto analyst and host of the C...
Gold Surges to Record High While Bitcoin Struggles Amid Economic Uncertainty
On Friday, gold hit a new high of $2,568 per ounce, marking a significant 10% gain for the quarter. Conversely, Bitcoin (BTC), often referred to as digital gold, is trading around $58,000 but has expe...
Institutional demand for Bitcoin mining stocks on the rise, analyst says
Institutional interest in Bitcoin mining stocks is surging, analysts at H.C. Wainwright said after hosting an investment conference in New York. The HCW Annual Global Investment Conference gathered m...
MicroStrategy Increases Bitcoin Holdings Again
MicroStrategy, a prominent software company under the leadership of Michael Saylor, has significantly expanded its Bitcoin portfolio. Recently, the firm purchased 18,300 Bitcoin, investing approximate...
This Investor Put $500 into Bitcoin as a Joke When It Was at $27 and Is Now a Millionaire—Here Are 2 More Cryptocurrencies He’s Buying
For most investors, 2011 was the era when Bitcoin (BTC) and the rest of the crypto subculture were still new. Entrepreneurs tended to ridicule cryptocurrencies, it was a small market that few paid any...
MicroStrategy Purchased Additional Bitcoin Worth $1.1 Billion
MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commi...
Can Bitcoin Hit $100K By October? New Crypto Presale Phenomenon Rollblock Could Dethrone Cardano (ADA)
With the presidential elections nearing, we’re entering the most bullish part of the cycle, and October is typically one of the best months for Bitcoin (BTC). Many are expecting it to start moving up ...
Ark Invest Said Two Levels Are Critical in Bitcoin, Announced Its Long-Term Expectation!
As Bitcoin’s volatile performance continues to make investors nervous, a new analysis has arrived from Ark Invest. ARK Invest, led by Cathie Wood, released its monthly report on September 13. No...
Bitcoin Shows Resilience with 6% Weekly Gain Amid Market Lull
The cryptocurrency market exhibited slight declines as Bitcoin (BTC) and other major currencies dipped over the past 24 hours. While BTC, ether (ETH), Solana’s SOL, BNB Chain’s BNB, and Cardano’s ADA ...
Positive Bitcoin Sentiment Surges to Yearly Highs: Here’s Why That’s Bad for BTC
Over the past two to three days, positive sentiment across the Bitcoin market suddenly surged to a level not seen in more than a year. While this may seem like a bullish sign, analysts have warned tha...
OpenAI’s o1 predicts Bitcoin (BTC) price for the end of 2024
OpenAI, the leading company in artificial intelligence (AI) development, just launched its most advanced model, the o1, on September 12. Looking to test the AI’s capabilities and gather insights on th...
MicroStrategy Expands Bitcoin Portfolio by 18,300 BTC, Funded by $1.11 Billion Stock Sale
Business intelligence firm MicroStrategy, renowned for its Bitcoin holdings, has once again expanded its cryptocurrency portfolio by purchasing an additional 18,300 BTC tokens. MicroStrategy Chairman ...
Negative Funding Rates Hint at Crypto Market Bottoms – What’s Next for Bitcoin, Ethereum, Solana, and Other Cryptos? Here’s What Analysts Are Saying
Crypto experts suggest that negative funding rates may signal a market bottom. This could mean a shift for popular cryptocurrencies like Bitcoin, Ethereum, and Solana. Analysts are now speculating on ...
Bitcoin Price (BTC) Fell 0.9% While Ether Price (ETH) Dropped 0.2%, Pushing the CoinDesk 20 Lower
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry....
The latest Bitcoin (BTC) price prediction from Standard Chartered
In recent years, the volatility of Bitcoin’s price has sparked intense debates between supporters and detractors, but a recent analysis published by Standard Chartered, one of the leading global inves...
Investor Sentiment Boosts Bitcoin ETFs While Ethereum Outflows Persist
Bitcoin ETFs in the U.S. saw a resurgence on Thursday, with net inflows of $39.02 million after a period of outflows. ARKB, led by Ark and 21Shares, was the biggest contributed to these inflows. Ether...
How much Bitcoin does MicroStrategy own?
After a period of not buying any Bitcoin (BTC), raising concerns that one of the maiden cryptocurrency’s largest bulls might be losing confidence, Michael Saylor’s MicroStrategy (NASDAQ: MSTR) has bro...
Rising Miner Reserves Suggest Potential Bull Market for Bitcoin and Ether
Rising Miner Reserves Signal Potential Bull Market for Bitcoin and Ether: Recent analysis by on-chain crypto analytics platform Santiment has highlighted a notable trend in the cryptocurrency market: ...
MicroStrategy Bitcoin Investments Boosted with $1.11 Billion Purchase
Key Points: MicroStrategy purchased 18,300 Bitcoin for $1.11 billion between August and September 2024, bringing its total holdings to 244,800 BTC, worth around $14 billion. The company used convertib...
Gold and silver break out – Bitcoin (BTC) to follow
Gold has just broken out to a new all-time high of $2,570, while silver has just hit $30. Could Bitcoin now follow? The traditional hedges when the economy is sliding have always been gold and silver....
MicroStrategy Buys $1.1B Bitcoin; Will BTC Price Recover?
MicroStrategy, the largest publicly traded corporate holder of Bitcoin, announced on Thursday, September 12, 2024, that it had acquired additional BTC. Moreover, Executive Chairman Michael Saylor spot...
Bloomberg Strategist Expects Bitcoin to Drop Against Gold Amid Shift from Risk Assets
Bitcoin may be experiencing a decline against more stable assets such as gold as investors shift appetite from risk assets amid economic uncertainties. Bloomberg’s senior commodity strategist, Mike Mc...
MicroStrategy Buys $1.11 Billion In Bitcoin, MSTR Stock Jumps
The business intelligence company MicroStrategy on Friday said it has acquired 18,300 BTC worth $1.11 billion, according to a filing with the US SEC. The company’s net BTC holding has increased to 244...
MicroStrategy buys $1.1 billion in Bitcoin amid market volatility
MicroStrategy acquired approximately 18,300 Bitcoin for $1.1 billion between Aug. 6 and Sept. 12 at an average price of $60,408 per BTC, according to a Sept. 13 filing with the US Securities and Excha...
MicroStrategy nears $10 billion invested in Bitcoin with latest BTC acquisition
Key Takeaways MicroStrategy acquired 18,300 BTC for $1.11B, bringing total holdings to 244,800 BTC. US-traded spot Bitcoin ETFs registered $140.7M inflows from September 9 to 12. MicroStrategy added m...
SUI And FXGuys Show Bullish Signs Despite Fear Of Sub-50K Bitcoin
The crypto market has started showing bullish signs, while Bitcoin (BTC) briefly showcased signs of plunging below $50,000. With Bitcoin struggling to find stable ground, DeFi coins like SUI and FXGuy...
Justin Sun Calls Coinbase cbBTC a Central Bank Version of Bitcoin
Tron founder Justin Sun slammed the recently launched cbBTC, Coinbase’s Bitcoin wrapper offering, saying it is the beginning of a dark age for the pioneer cryptocurrency. Coinbase launched the cbBTC i...
Bitcoin Price (BTC) Might be Buoyed by Larger Fed Rate Cut
“I think [it] is a close call,” Jon Faust, previously a senior advisor to Fed Chair Jerome Powell, told Timiraos. “You can make a very good case for 50,” said Esther George, pr...
Long-Term Bitcoin Whales Double Their Holdings Amid Different Investor Profit Margins
Bitcoin’s long-term holders, often referred to as whales, have notably doubled their holdings, as indicated by recent data from blockchain analytics firm CryptoQuant. Divergence in cost bases across d...
MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin
MicroStrategy announced it had purchased 18,300 Bitcoin for $1.11 billion, boosting its total holdings to 244,800 BTC acquired for $9.45 billion. The business intelligence firm, led by Bitcoin bull Mi...