MARA Holdings has acquired an additional 703 bitcoin following the successful closing of its $1 billion offering of convertible notes.

With Bitcoin becoming the talk of Wall Street as a hedge against economic uncertainty, its adoption is spreading rapidly. Companies and governments worldwide are embracing it as a strategic reserve asset. Now, Vancouver City is stepping into the spotlight, as Mayor Ken Sim has announced a proposal to add Bitcoin to the city's balance sheet.

Bitcoin traded near $96,000 on Wednesday, rebounding from this week's pullback that briefly disrupted its record-breaking run. The flagship cryptocurrency climbed 3% to $95,766.70, while the broader crypto market, tracked by the CoinDesk 20 index, rose 7%, signaling renewed investor optimism.

MicroStrategy, a business intelligence firm known for its significant Bitcoin holdings, has seen a dramatic 33.94% drop in its stock price, raising concerns about the long-term viability of its Bitcoin strategy. Despite holding over 386,700 Bitcoin worth nearly $36 billion the company's stock has suffered considerable losses, prompting debates over its reliance on cryptocurrency for growth.

DOGE flips Porsche, reaching $54.7B market cap. What does this mean for the future of meme coins?

The total crypto market cap edged 3.3 percent higher in the last 24 hours to hover about $3.5 trillion on Thursday, November 28, during the early Asian session. Bitcoin (BTC) price briefly touched $97.3k after a 4 percent rally in the past 24 hours, before retracing to about $95.6k at the time of this writing.

Cardano price started a consolidation phase near the $1.00 zone. ADA is holding gains and might aim for a fresh increase above $1.050.

MicroStrategy, a Virginia-based business software company, has become a dominant force in the cryptocurrency market under the leadership of its chairman and co-founder, Michael Saylor. The company recently announced a staggering $5.4 billion purchase of Bitcoin, pushing its total holdings to $38 billion.

Despite Dogecoin (DOGE) still being 45% below its all-time high of $0.7316, achieved in 2021, DOGE has experienced a notable year-to-date gain of over 400%. When writing, the memecoin leader trades at $0.404, up 5.6% in the past 24 hours.

What caused the unprecedented $30 billion wipe out for MSTR?

Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday.

Pantera is now up more than 130,000% from its first Bitcoin purchase back in July 2013.

While privacy coins as a category have since tapered off, decentralized finance's market cap has jumped 8.2% on the day.

Bitcoin is currently trading above the crucial $95k level and is up by more than three percent in the last 24 hours. The largest cryptocurrency is showing signs of a short-term bullish divergence, as it tries to regain a key Fibonacci level. This is happening alongside a new bullish cross on the Bitcoin indicator.

Marathon Digital's strategic Bitcoin acquisition highlights a growing trend of corporations using cryptocurrency as a hedge against inflation. The post Marathon Digital acquires 6,474 Bitcoin, reveals $160M in cash for future dip purchases appeared first on Crypto Briefing.

XRP price is consolidating near the $1.450 zone. The price is showing positive signs and might soon aim for a fresh move above the $1.50 level.

Cardano whales buy 130M ADA during dip, pushing price near $0.99. Will $1 resistance fall soon?

Despite a brief correction towards the $91,000 mark on Tuesday, which represented a 7% drop from its all-time high of $99,500, the market's leading crypto, Bitcoin (BTC), has regained the strength it has posted over the past three weeks since Donald Trump's election, on its way to the $100,000 milestone. Coinbase, Robinhood, And MicroStrategy All Post Gains In the 24-hour time frame, Bitcoin recorded gains of nearly 5%, regaining the $96,100 level as a key to reach a new record high in the last days of the month.

Vancouver Mayor Ken Sim has proposed a motion to explore adding Bitcoin as a reserve asset, aiming to diversify the city's financial resources and safeguard purchasing power amid economic uncertainty, with a formal introduction scheduled for December 11. The post Vancouver Proposes Motion to Hold Bitcoin as Reserve Asset appeared first on Cryptonews.

Cardano (ADA) is once again trading above the $1 level and is up by more than seven percent in the last 24 hours.

Ethereum price remained supported above the $3,250 zone. ETH started a fresh surge and cleared the $3,550 resistance zone.

The Bitcoin market has witnessed significant movements in recent weeks as long-term holders (LTH) have sold off a substantial portion of their holdings. Over the past month, reports show that these investors released $60 billion worth of Bitcoin, contributing to the recent price dip to $91,500.

Crypto analyst Philip has asserted that the Dogecoin price rally is only just beginning despite the gain of over 300%, which the foremost meme coin has enjoyed this year. The analyst used technical analysis to explain why DOGE will still go way higher.

The Qingdao-based company said it plans to employ quantitative trading strategies to manage market volatility and enhance returns.

Ripple's XRP is up by more than six percent in the last 24 hours and is trading slightly below the $1.50 level. The altcoin is up by more than 36 percent in the last seven days and is now eyeing the $2 levels.

Bitcoin price is recovering higher above the $94,000 level. BTC is consolidating and aims for a fresh increase above the $97,000 level.

Bitcoin's recent performance has raised alarm bells among traders, as the leading cryptocurrency struggles to hold vital support levels. Despite a strong bullish run in recent months, Bitcoin has encountered increasing selling pressure over the last few days, with analysts warning that if key support at $91,583 fails, Bitcoin could experience a significant decline, with $85,610 emerging as the next crucial target.

Bitcoin nears $97k as Fed rate cut hopes rise; XRP eyes $2 on speculation of SEC Ripple appeal withdrawal under Trump.

On-chain data shows the Bitcoin Fear & Greed Index has cooled down from extreme greed, a sign that may be positive for BTC's price. Bitcoin Fear & Greed Index Is Pointing At ‘Greed' Again The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets.

Ripple boosts Fairshake with another $25M, amplifying its push for crypto-friendly policies and challenging regulatory overreach to solidify its leadership in innovation advocacy. Ripple Doubles Down on Fairshake With Third $25M Contribution Ripple has reaffirmed its dedication to fostering innovation-friendly policies by contributing $25 million to Fairshake, a bipartisan Super PAC supporting pro-crypto candidates.

Ethereum gained slightly after a minor sell-off, peaking at $3,446 and is currently trading at around $3,306. Significant Net Outflows from Spot Exchanges Recent data shows that Ethereum (ETH) had significant net outflows from spot exchanges, with about 130,000 ETH, worth around $435 million, leaving over the weekend.

Long-term Bitcoin holders have realized $2.02 billion in daily profits, an unprecedented figure that highlights the intensity of profit-taking activity as the price of Bitcoin neared the $100,000 mark earlier this month.

After a notable upside rally, XRP, the native token of Ripple, appears to be consolidating near a crucial level. Meanwhile, this ongoing consolidation has been attracting significant attention from whales and traders, as reported by on-chain analytics firms CryptoQuant and the whale transaction tracker Whale Alert.

Bitcoin's recent correction to $92,000 came after failing to breach the psychological resistance at $100,000, a critical level expected to mark a new chapter in the ongoing bull market. While corrections of up to -30% are frequent during bull runs, the sharp decline below $93,000 caused a segment of short-term holders (STHs) to realize losses.

China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin.

Vancouver Mayor Ken Sim aims to create a Bitcoin-Friendly Vancouver by proposing Bitcoin adoption as a reserve asset.

Bitcoin exchange-traded funds (ETFs) saw a significant surge in trading volume, reaching a total of $5 billion on November 26, 2024. This surge came amid a drop in Bitcoin's price, which fell to $91K, marking a slight dip of 1.23% in the past few days.

As bitcoin enjoyed a bit of a lift on Wednesday, ether (ETH) stole the spotlight by jumping more than 10% in just 24 hours. The second-largest cryptocurrency now claims over 13% of the $3.33 trillion total market cap. Ether's $47B Volume Surge Sparks Wild Speculation—$7,500 Next? Bitcoin (BTC) gained 4.4% against the U.S.

Bitcoin has seen a 9% retracement from its all-time high of $99,800, but its long-term bullish structure remains intact. This correction, though notable, hasn't dampened investor optimism, as many are prepared to buy the dip and drive BTC past the elusive $100,000 mark.

The massive adoption of Bitcoin has spread, and even the city mayor is now aspiring to make a Bitcoin-friendly city in the nation. Vancouver City Mayor Ken Sim, on the city meeting council on Nov.

A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge.

An analyst known as a “Master Trader” on the crypto exchange Bybit thinks that Dogecoin's (DOGE) correction is over. Pseudonymous analyst Bluntz tells his 299,300 followers on the social media platform X that the top memecoin's parabolic rally is in its early days.

XRP has been one of the most prominent beneficiaries of the recent market surge, rising significantly from $0.5031 on November 5 to a three-year high of $1.6334 on November 23. This represents a 224% increase in just a few weeks.

Ripple's investment in the Bitwise Physical XRP exchange-traded product (ETP) underscores XRP's rising prominence, driven by surging institutional demand.

Ethereum (ETH), the world's second-largest cryptocurrency, is at a critical juncture as it hovers near a key resistance level. After gaining 46.11% in recent weeks, ETH remains under scrutiny due to a mix of bullish accumulation by whales and rising short interest.

Traders crave for the allure of higher risk & potential higher gains, choosing DeFi wallets instead of major exchanges.

For Bitcoin, after its recent decline, a recovery may be imminent, despite the gloom around the asset. Following its peak of almost $100,000, Bitcoin underwent a correction, falling to the support level of $90,000.

Bitcoin has experienced a significant rally in 2024, and its price has more than doubled since the beginning of the year to approach the psychological $100,000 mark.