MicroStrategy is set to expand its authorized shares significantly in a bold move aimed at funding further Bitcoin acquisitions. This innovative approach is part of a larger strategy to amass $42 bill...
Category: Bitcoin
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Bitcoin Reaches New Heights Today
Bitcoin (BTC) has crossed the $99,000 mark today, but maintaining support above six figures is crucial for its stability. Altcoin traders hoping for price increases must remain vigilant to avoid a pot...
Metaplanet Acquires Record 620 Bitcoin as Markets Decline
Bitcoin’s (BTC) holiday-week performance kicked off in the red, with Japanese company Metaplanet announcing its largest-ever BTC purchase. Tokyo-listed Metaplanet revealed it had acquired 619.70 BTC f...
Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says
A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant ...
MicroStrategy’s Michael Saylor Wants to Buy “All World’s Bitcoin”
MicroStrategy Executive Chairman Michael Saylor has stirred conversations with a pointed remark on X, formerly Twitter. He has indicted interest in buying “all the world’s Bitcoin.” MicroStrategy’s Sa...
Michael Saylor Announces $299 Million ‘Bitcoin Gift’ to MSTR Holders
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended ...
Will Altcoins Surge as BTC Hits New Highs?
As Bitcoin approaches new daily highs, traders remain cautious about any premature excitement ahead of the daily close. While Bitcoin’s price may potentially exceed $108,000 by the year’s end, altcoin...
MicroStrategy Proposes Shareholder Approval to Advance Bitcoin 21/21 Plan Amid Continued Accumulation
MicroStrategy is doubling down on its ambitious Bitcoin investment strategy with a new proxy filing aimed at enabling significant equity raises. This move aligns with the company’s broader 21/21 Plan,...
Bitcoin Crosses the Hallmark of 19.8 Mined Units on Xmas Eve
On Dec. 24, 2024, the amount of mined bitcoins crossed the 19,800,000 mark, leaving less than 1.2 million bitcoins remaining until the total supply is exhausted. After the 2024 halving, approximately ...
Does the Federal Reserve Have The Power To Block The Bitcoin Reserve Plan?
Recently, Fed Chair Jerome Powell made it clear that the Fed has no intentions of taking part in any government plan to accumulate Bitcoin. He underscored that such matters come under the jurisdictio...
MicroStrategy’s Bitcoin Strategy: Could Massive Purchases Shift Future Investment Dynamics?
MicroStrategy’s ambitious Bitcoin accumulation could reshape the cryptocurrency landscape, as its co-founder aims for unprecedented levels of ownership. With shareholders on the brink of a historic vo...
Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken
Este artículo también está disponible en español. Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high...
Less Than 1.2 Million BTC Left to Mine
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...
Bitcoin (BTC) May Be Due for Significant Correction As Technical Indicators Overextend: Benjamin Cowen
A widely followed crypto analyst is warning that Bitcoin (BTC) may suddenly undergo a massive correction. In a new strategy session, Benjamin Cowen tells his 850,000 YouTube subscribers that the exten...
Solana Outperforms Bitcoin and Ethereum in Key Metrics
In key on-chain performance metrics, Solana has outperformed Bitcoin and Ethereum. Despite its performance thus far, Glassnode predicts more uptick to come. Solana (SOL), currently the sixth-largest c...
Robinhood’s Hesitance Regarding Bitcoin: Exploring Strategic Choices Amid Growing Institutional Adoption
Despite a surge in cryptocurrency adoption, Robinhood’s refusal to hold Bitcoin raises questions about its strategic positioning in the market. Robinhood has decided not to hold Bitcoin as an investme...
Bitcoin Is a Bounty on Abundance Electricity Production
In a very genial nod to Bitcoin, Cramer asked about the new administration’s plans for crypto and, in his question, drew a comparison to the U.S. strategic petroleum reserve. Will the White House push...
Spot Bitcoin ETFs Experience Significant Outflows Amid Price Fluctuations, Yet Recovery Signs Emerge
Spot Bitcoin ETFs in the U.S. have faced significant outflows, returning nearly $1.2 billion due to fluctuating market conditions and declining prices. This recent trend marks the longest outflow stre...
Ethereum ETFs inflows surge as Bitcoin ETFs see major outflows
Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 202...
Bitcoin Nears $100,000 Again on Christmas Eve Amid Surprise Surge and Liquidations
The cryptocurrency market is buzzing as Bitcoin nears the pivotal $100,000 mark on Christmas Eve, captivating both investors and analysts alike. Bitcoin’s impressive rally of almost 6% within hours ha...
Mt Gox’s Bitcoin Transfers to B2C2 Group Exceed $364M: A Closer Look
Recent analysis has uncovered how bankrupt entity Mt. Gox capitalized on the Bitcoin uptrend since the premier asset surpassed the $100K level this month. Blockchain resource Lookonchain revealed a se...
Will Altcoins Rise After Bitcoin’s Surge?
Bitcoin has successfully surpassed the $98,000 threshold, igniting enthusiasm among altcoin traders. As the calendar year approaches its close, many are speculating about the potential trajectory of v...
Bitcoin Mining Stocks Face Challenges Despite Bitcoin’s 2024 Gains, Raising Questions About Future Performance
Despite Bitcoin’s remarkable 113% surge in 2024, many mining stocks are struggling, emphasizing the disconnect between cryptocurrency price and miner profitability. While Bitcoin miners have historica...
Wrapped Bitcoin is Trading -14.90% Below Our Price Prediction for Dec 29, 2024
14 minutes ago | CoinCodex Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page...
Bank of Italy Calls Bitcoin P2P “Crime-as-a-Service” in Latest Report
A recent Bank of Italy (Banca d’Italia) publication classifies Bitcoin P2P as “Crime-as-a-Service,” criticizing its anonymous feature. In its latest Economic and Financial Research report, the Bank of...
Is Bitcoin Delivering Above $100K Christmas Miracle?
As 2024 approaches its end, crypto enthusiasts are waiting for the “Santa Claus Rally”. Will the kind of crypto close the year with a boom or will we see a silent closing? Bitcoin is hovering around $...
Robinhood CEO says ‘NO’ to Bitcoin as strategic asset, Details
Journalist Posted: December 25, 2024 Robinhood has decided not to hold Bitcoin as an investment. The company’s cryptocurrency division reports a 165% revenue surge despite Bitcoin market volatility. A...
Bitcoin Short-Term Holders Indicate Potential Correction Before Possible Rebound Towards $160K
Bitcoin’s recent price trajectory suggests potential volatility, as short-term holders capitalize on profits amid market fluctuations. The observed trend in the Spent Output Profit Ratio (SOPR) indica...
Bitcoin or altcoins? Who will win the holiday season with Santa rally
Bitcoin slipped 12% from its all-time high of $108,353, erasing gains from the second week of December. As Christmas nears, crypto traders ponder whether the market will see a “Santa Claus” rally this...
Bitcoin miners struggle despite BTC’s 130% surge in 2024
Key Takeaways Bitcoin surged over 130% in 2024, but most mining companies’ stocks ended the year in the red. Rising operational costs, increased mining difficulty, and reduced block rewards from the h...
El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000
The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 202...
Cryptocurrency Market Gains Momentum Following BTC Surge
Cryptocurrency markets are witnessing a notable rebound as Bitcoin (BTC) breaks the $98,000 mark, signaling a potential end to its recent slump. Traders are cautiously optimistic, with altcoins also e...