Bitcoin traders face unnerving conditions as BTC price action reaches ever lower levels after failing to crack the $100,000 milestone.
Timestamp, a regulated investment platform based in Austin, Texas, has officially launched with the goal of connecting Bitcoin-focused startups with investors worldwide.
Peter Brandt, a legendary commodities trader who has been practicing since the middle of the 1970s, has taken to his official account on the X social media network (formerly famous as Twitter) to share his take on the expectation shared by many, as he pointed out that Bitcoin will hardly increase higher than $100,000.
Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler Scientific (Nasdaq: SMLR) purchased 297 bitcoins for $29.1 million, averaging $97,995 per bitcoin, including fees.
The Bitcoin price is facing excessive selling pressure as the token slides down below $96,000 after holding the support at $98,000 for a couple of days. Besides, the trading activity over the platform has remained pretty high, suggesting a massive price action could be followed.
The optimism that Bernstein analysts are sharing is deeply rooted in three factors.
Bitcoin's price is currently oscillating between $89,000 and $98,000, with traders eagerly awaiting whether it will break to the upside or downside. While some had expected the cryptocurrency to reach $100,000 already, analysts point to a combination of factors behind the current market dynamics.
TL;DR Sui integrates Bitcoin liquidity by creating $LBTC, a native token of its blockchain. Bitcoin holders will be able to participate in Sui's DeFi ecosystem without having to sell their BTC. The integration of $LBTC will open up new opportunities for lending and financing platforms on the Sui network.
Under Michael Saylor's leadership, MicroStrategy (NASDAQ: MSTR) has become the publicly-traded company that has most closely tied its prospects to leading cryptocurrency Bitcoin (BTC).
VanEck extends the zero-fee waiver for its. Bitcoin ETF (HODL) until January 2026, applying to the first $2.5 billion in assets.
Bitcoin's price came just a small step away from reaching the $100K milestone. The market has been rallying aggressively following the US election, as buying Bitcoin has been one of the most profitable Trump trades.
BTC seems unable to conquer the $100,000 line.
TL;DR MicroStrategy announced the purchase of an additional 2,726 bitcoins, consolidating its position as the leading cryptocurrency holder. The company now owns more than 158,245 bitcoins, equivalent to more than $4.6 billion at current prices. This move reinforces its strategy of adopting Bitcoin as a primary store of value.
Bitcoin has been on a remarkable upward trajectory, pushing above the $96,000 mark for several days after consolidating below the psychological $100,000 level. As the leading cryptocurrency, Bitcoin has consistently broken all-time highs over the past three weeks, with yesterday marking a milestone weekly close at $98,000—the highest in its history.
Deep-pocketed Bitcoin holders are loading up on BTC to the tune of billions of dollars, a closely followed analyst says.
MicroStrategy's Bitcoin holdings eclipse $37 billion after a massive fresh acquisition.
Tim Cook, Apple's CEO, has Bitcoin in his personal portfolio. But before you get excited, there's a catch: this isn't Apple's big move into crypto. It's Tim's personal decision, and he's clear about that. This doesn't mean Apple's about to dive into Bitcoin anytime soon.
MicroStrategy's premium to net asset value (NAV) has surged to levels not seen since the height of the 2021 bull run, reigniting discussions about the company's Bitcoin-centric strategy. According to data provided by CryptoQuant, the company's Bitcoin premium has returned to nearly 3X, which is a significant jump from previous periods, particularly following the correction that impacted the broader crypto market.
TL;DR Digital asset investment products saw record inflows of $3.13 billion in one week. Bitcoin led the inflows with 3 billion, while Solana stood out among altcoins with 16 million. Europe experienced capital outflows, while the United States, Canada and Hong Kong showed strong interest.
MicroStrategy solidifies its position as the largest corporate Bitcoin holder, now owning 386,700 BTC, which it acquired for $21.9 billion.
Crypto investment inflows registered a record-breaking weekly inflow of $3.12 billion last week. This surge brings the year-to-date inflows to an unprecedented $37 billion, highlighting Bitcoin's growing dominance and renewed interest in digital asset investment products.
Semler Scientific, a firm that provides medical technology for early chronic disease detection, appears to be following MicroStrategy's (MSTR) Bitcoin strategy. On November 25, 2024, the medical firm shared a report stating that it had purchased a notable 297 Bitcoin (BTC) worth $29.1 million in cash.
Digital asset investment products experienced their largest weekly net inflows on record last week, totaling $3.13 billion, according to CoinShares. What Happened: This surge brings year-to-date inflows to an unprecedented $37 billion, driven primarily by Bitcoin ETFs, which alone accounted for $3.12 billion, the report stated.
MicroStrategy's purchase of 55,500 Bitcoin represented its largest acquisition of the asset on record, bringing its stash to $37.6 billion.
The Bitcoin market continues to see a lot of noisy behavior, as the market will pay close attention to the $100,000 level. At this point, it looks like we are simply trying to build the needed momentum to break out.
The initial crypto bullish momentum registered after the historic victory of US President-elect Donald Trump has significantly declined in the last few days. Bitcoin (BTC) price failed to reach the highly hyped target of $100k last week, thus leaving a huge room for speculation of the monthly close.
Finance veteran Raoul Pal has suggested that Dogecoin's (DOGE) growth since its launch over a decade ago has elevated it to a ‘harder' form of money than Bitcoin (BTC).
MicroStrategy, known for its massive Bitcoin holdings, is doubling down on Bitcoin, with analysts at Bernstein predicting the company could own 4% of all circulating Bitcoin by 2033. Currently holding 386,700 BTC, the firm is described as a “bitcoin magnet,” attracting billions in capital.
Microstrategy shatters records, acquiring 55,500 more BTC for $5.4 billion, pushing its massive holdings to 386,700 BTC in an unprecedented crypto dominance move. 386,700 BTC Milestone: Microstrategy Secures 55,500 More Bitcoins for $5.4 Billion Software intelligence powerhouse Microstrategy Inc.
Bitcoin is close to the $100,000 mark. Will this upward trend continue?
Battery Finance enables borrowers to use bitcoin as collateral for loans — without marking it to market — as a means to bring forward bitcoin's value.
Investment firm Bernstein has significantly raised its price target for MicroStrategy (MSTR) to $600 by the end of 2025, according to a Monday research note. Per a report by James Hunt for The Block, Bernstein's analysts, led by Gautam Chhugani, project that MicroStrategy's Bitcoin holdings could expand from its current 1.
MicroStrategy bought 55,000 bitcoin during last week for an average price of circa $98,000 amounting to $5.4 billion.
MicroStrategy acquired 55,500 BTC for $5.4 billion, increasing its total holdings to 386,700 BTC, valued at approximately $38 billion.
Brian Q, an expert at on-chain analytics firm Santiment, shared his insights into controversies in retail sentiment in the past seven days. It looks like Bitcoin (BTC) might be disappointing for the crowd, while some old-school altcoins are in the spotlight again.
MicroStrategy Inc. has made another significant Bitcoin acquisition, adding $5.4 billion worth of the cryptocurrency to its reserves. This marks the company's third purchase in November as it accelerates its Bitcoin accumulation strategy.
Recently the crypto market wiped $500 million in liquidations over the past 24 hours due to Bitcoin's price fluctuation. Long traders were hit hardest, with over $366 million in long positions liquidated. Short positions also faced losses, with $129 million wiped out.
In a latest development, El Salvador's President Nayib Bukele, has hinted at an innovative plan to enhance its Bitcoin mining operations. Notable, this idea was sparked through an X post which highlighted that El Salvador has mined 474 Bitcoins now worth $46 Million using volcano -fueled geothermal power.
Tether has minted $3 billion in USDt tokens across Ethereum and Tron as Bitcoin nears $100,000, signaling rising demand amid a historic crypto rally.
Bitcoin led the charge with highest liquidations among cryptocurrencies.
Crowdfunding platform Timestamp wants to offer a funding alternative for Bitcoin-based startups.
The launch of Timestamp has really piqued my interest.
As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $97,076 and $97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth while signaling areas of caution.
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.
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.