Most of the coins have come back to the green zone after a slight correction, according to CoinMarketCap.
The global cryptocurrency market is on the rise, posting a daily increase of 1.82%, with the total market cap reaching $3.37 trillion. Trading activity held steady, with a modest 0.04% uptick bringing 24-hour volumes to $203.43 billion.
Top cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and XRP (CRYPTO: XRP) are seeing declining bullish sentiment despite rising cost bases for holders. What Happened: Santiment data shows the crypto market sentiment, which had been bullish following a prolonged rally since September, cooling down, particularly for top-cap assets like Bitcoin and Ethereum.
MicroStrategy acquires 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment.
MicroStrategy now owns nearly 387,000 BTC.
Bitcoin returns to $98,000. Crypto futures saw $500 million in liquidations amid volatility.
The latest acquisitions follow MicroStrategy's completion of a $3 billion debt offering and $2.46 billion share sale.
Bitcoin is on a tear, trading at $97,987.56, and VanEck thinks it's just getting started. The asset management giant has set an ambitious price target of $180,000 per Bitcoin, pointing to indicators that suggest the current rally is far from over.
Bitcoin is trading stubbornly below the $100,000 mark, putting the brakes on a blistering post-election rally.
MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC. MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation.
Semler Scientific expanded its Bitcoin treasury with nearly a $30 million purchase, while reporting a 58.4% BTC yield since adopting its crypto strategy. Healthcare tech company Semler Scientific boosted its Bitcoin (BTC) holdings, acquiring 297 BTC for $29.
Business intelligence firm MicroStrategy has announced its biggest Bitcoin purchase to date.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
Elon Musk, the Tesla billionaire, government cost-cutter and full-time X poster, sparked a fresh round of speculation over payments on the social media company he boug
Metaplanet partners with BTC Media to launch Bitcoin Magazine Japan, set to debut in early 2025. The magazine will provide news, interviews, and resources to grow Bitcoin awareness in Japan.
MicroStrategy's aggressive Bitcoin acquisition strategy could significantly impact market dynamics and influence institutional investment trends. The post MicroStrategy acquires 55,500 BTC Bitcoin for $5.4 billion appeared first on Crypto Briefing.
Microstrategy witnessed an incredible 24.7% rise in its stock (NASDAQ: MSTR) price this week. The uptrend was buoyed by Bitcoin's rally and the company's planned financial moves. Widely known for its aggressive Bitcoin hodling and accumulation strategy, Microstrategy had cited a convertible debt, that offers a 0% interest rate grabbing the market's attention.
November's expiry is due Friday at 08:00 UTC, with $9.4 billion in options expiry for bitcoin. Bitcoin's max pain price is $78,000, significantly lower than the current spot price.
Katie Stockton, Fairlead Strategies founder and managing partner, on technicals, joins 'Squawk Box' to discuss how to use technicals to trade Bitcoin, downside support for Bitcoin, and much more.
MicroStrategy appeared to have acquired another substantial BTC amount after latest bond sale.
A massive new Bitcoin whale has emerged with a single transfer of a staggering 3,073 BTC. Blockchain data reveals that the transfer occurred between two wallets with no prior major activity, suggesting the emergence of a new large holder, or whale.
The recent weeks have seen a bullish trend in the crypto market, with Bitcoin's price reaching new heights daily. As Bitcoin nears the significant $100K milestone, there has been a massive surge in inflow volume for ETFs. United States-based spot Bitcoin exchange-traded funds (ETFs) have recorded a staggering $3.
Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.
Asset management firm and exchange-traded fund (ETF) issuer VanEck is standing firm on its bullish price prediction for Bitcoin (BTC). In a new report, VanEck says a number of key indicators the firm tracks continue to suggest that BTC is not yet in the late stages of a bull run.
Despite ongoing skepticism and FUD, Binance has reached a new all-time high in its share of the Bitcoin reserve market, solidifying its dominance.
Bitcoin is stuck. The $100,000 milestone that felt inevitable has proven to be a nearly impenetrable fortress.
Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin's established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year.
MicroStrategy Inc. (NASDAQ:MSTR) has been described as the “Bitcoin magnet,” attracting billions of dollars in global capital through its unprecedented Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: Bernstein's report on Monday highlights MicroStrategy's role in mainstreaming Bitcoin on Wall Street, projecting the company could hold 4% of the global Bitcoin supply by 2033, up from 1.7% today.
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.
CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.
CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.
After a massive upswing, the Bitcoin bulls are relaxing a bit as the prices are consolidating within a narrow range, just below the $100K milestone. In the meantime, some of the altcoins, including the most popular Solana, are accumulating gains, aiming for a strong breakout.
James Howells, the man forever linked to the world's most infamous lost Bitcoin stash, has a new chapter to add to his saga. His ex-girlfriend, Halfina Eddy-Evans, has come forward to admit that she threw out the hard drive containing bitcoins currently worth over $787 million.
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country's volcanoes to miners. The idea, shared in a Nov.
Bitcoin has experienced significant volatility today, dipping slightly below the $96,000 mark after briefly reaching an all-time high (ATH) of $98,655. Despite the recent pullback, analysts are optimistic, citing strong technical indicators and the potential for a significant price surge.
Ethereum ($ETH) is one of the best-performing of the major cryptocurrencies over the last 24-hours. With older altcoins $XRP and $ADA also putting on great gains over recent days, could $ETH be about to breakout, and also start reversing its long downward trend against $BTC?
Is Metaplanet the next big crypto titan in Asia?
The funds' year-to-date net inflows have also reached a record $37 billion, while assets under management hit a new peak of $153 billion.
After approaching $99,690, BTC suffered a 4% retracement, but there was a recovery over the weekend. As a result, Bitcoin (BTC) price today trades at on.
BTC came $200 away from tapping that level but has failed so far.
Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
The Sandbox, Sei Network, and Avalanche tokens defy Bitcoin-led market correction, posting sharp rallies as bullish setups point to further upside potential.
Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.
In a remarkable turn of events, MicroStrategy Inc (NASDAQ:MSTR) saw its shares jump by 5.93% in pre-market trading on Monday, as per Benzinga Pro. This surge comes on the heels of co-founder Michael Saylor‘s announcement that the company is generating $500 million daily as Bitcoin edges closer to the $100,000 mark.
Investors' greed in the market increased, which could delay a Bitcoin market top for several months.
A new theory suggests that Satoshi Nakamoto may have been strategically liquidating Bitcoin holdings from certain wallets since 2019.
Despite reaching the $100,000 mark on CME Futures, a stubborn sell-off has kept Bitcoin (BTC) from breaking decisively above that level on spot markets. Mike Novogratz, the billionaire investor and CEO of Galaxy Digital, has shared some thoughts on what might be driving this selling pressure.