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news-imageNovember 26, 2024

Bitcoin ETFs Record $438m in Outflows as BTC Dips Below $93k

Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin's price fell below $93,000 amid a wave of long liquidations. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.
Publisher: Crypto news
Sentiment: Negative
BTC

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Negative
cover-imageCoinPedia
November 26, 2024

Why is Bitcoin Going Down?

Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin.

Positive
cover-imageCoinPedia
November 26, 2024

Marathon Digital Mirrors MicroStrategy with Massive Bitcoin Investments

Last day, MicroStrategy surprised many by making a massive BTC purchase of 55,500 BTC tokens – the highest it has ever made. This month alone, the company has amassed over 134,480 BTC tokens. With the latest purchase, the total BTC holding of MicroStrategy has increased to nearly 386,700 BTC tokens, worth at least $36,496,204,620.

Positive
cover-imageCoinPedia
November 26, 2024

Rumble Bitcoin Investment: A $20M Move into Crypto

Following Microstrategy's plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option. Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin.

Negative
cover-imageCoingape
November 26, 2024

Why Is Bitcoin Price Falling Today?

After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump's victory in US elections.

Neutral
cover-imageNewsBTC
November 26, 2024

Bitcoin Rally Pauses Before $100K—Here's What Could Happen Next

Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.

Negative
cover-imageThe Currency Analytics
November 26, 2024

South Korea Rejects Bitcoin Reserve Plan, Prioritizes Caution

South Korea's Financial Services Commission (FSC) has decided against creating a national Bitcoin reserve, opting to wait before fully embracing the cryptocurrency. While Bitcoin's rise continues to capture global attention, South Korea is taking a more conservative approach, prioritizing stability and investor protection over swift innovation.

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