MicroStrategy: good news for Bitcoin, but bad for the società
Perhaps yesterday a mini-bubble burst on the stock price of MSTR in the bull market.
Keep up with what's happening in the crypto world in real-time.
Perhaps yesterday a mini-bubble burst on the stock price of MSTR in the bull market.
Bitcoin hitting $100,000 seems all but certain as sell wall after sell wall disappears and shorts risk getting "squeezed" by rampant BTC price momentum.
A widely followed trader and analyst is leaning bullish on Bitcoin (BTC) amid a double-digit rally over the past month. The trader pseudonymously known as Rekt Capital tells his 512,900 followers on the social media platform X that Bitcoin “has only just begun its parabolic phase in the cycle.
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
MicroStrategy, a data-focused company, just saw its stock drop by 16%, falling to $397.28. The shocking decline comes after Citron Research, a major investment firm, revealed it had placed a short bet against the company. Investors are now questioning if MicroStrategy's risky Bitcoin strategy could be its downfall. Bitcoin's Surge vs.
Bitcoin trades at $99,060.45, approaching the $100K mark as retail investors retain market dominance.
Texas lawmakers are reportedly exploring launching a strategic Bitcoin reserve, according to the Satoshi Action Fund (SAF), a nonprofit advocacy group. The post Texan Lawmakers Explore Strategic Bitcoin Reserve Legislation, Says Satoshi Action Fund appeared first on Cryptonews.
On Thursday, US bitcoin ETFs reported a total daily net inflow of $1 billion, bringing the cumulative total flow to $30.35 billion.
Another Friday is here, and another batch of Bitcoin options are set to expire as the asset makes a new all-time high.
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mining becoming a popular activity.
MicroStrategy's actions underscore Bitcoin's potential as a treasury asset but also highlight risks tied to volatile markets.
Texas-based fitness maker Interactive Strength plans to allocate $5 million in Bitcoin as part of its treasury strategy.
Bitcoin (BTC) has surged to an astonishing new all-time high (ATH) of $95,000, marking a 4% rally over the past three days. This milestone underscores the cryptocurrency's continued dominance, fueled by strong institutional interest, ETF adoption, and macroeconomic tailwinds.
The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.
Bitcoin price nears $100K as Charles Schwab unveils crypto plans and MicroStrategy commits $3B to Bitcoin investments, signaling strong institutional confidence. The post Bitcoin Price Nears $100K: Charles Schwab's Crypto Plans & MicroStrategy's $3B Investment Boost Market appeared first on Cryptonews.
MicroStrategy's Michael Saylor said the firm has completed an offering of 0% convertible senior notes due in 2029, raising $3 billion. The post MicroStrategy Completes $3B Convertible Notes Offering to Buy More Bitcoin appeared first on Cryptonews.
Spot Bitcoin exchange-traded funds in the United States saw a significant surge in inflows on Nov. 21, as Bitcoin inches closer to breaking the $100K barrier.
Crypto markets will witness $3.42 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly as markets wait expectantly for Bitcoin to tag $100,000.
Spot Bitcoin ETFs gained $1B in net inflows on Nov. 21, driven by the launch of options trading, edging Bitcoin closer to $100K. The post Bitcoin Spot ETFs See $1B Inflows as BTC Price Inches Near $100K appeared first on Cryptonews.
Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.
Ethereum (ETH) has seen a less impressive performance compared to Bitcoin (BTC) in recent months, despite Bitcoin reaching new all-time highs. At the time of writing, Ethereum's price stands at $3,111, significantly below its all-time high of $4,878 in 2021.
These ETFs promise to give investors Bitcoin exposure while cushioning them from its infamous volatility.
Bitcoin enters a new era thanks to Layer 2 (L2) solutions. These solutions, designed to enhance speed and reduce transaction costs, are experiencing rapid adoption.