Software firm MicroStrategy acquired bitcoin worth $1.11 billion between Aug. 6 and Sept 12, boosting its total holdings of the world's biggest cryptocurrency to roughly $9.45 billion.

Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency's current performance.

MicroStrategy purchased 18,300 Bitcoin for $1.11 billion between August and September 2024, bringing its total holdings to 244,800 BTC, worth around $14 billion.

As FTX offloads its massive Solana holdings, industry experts warn of a possible market crash with over $1 billion in SOL tokens yet to be liquidated.

Ethereum faces sustained bearish pressure with declining market volume and volatility. Whales steadily accumulate ETH, indicating long-term bullish expectations.

MicroStrategy acquired approximately 18,300 Bitcoin for $1.1 billion between Aug. 6 and Sept. 12 at an average price of $60,408 per BTC, according to a Sept.

TL;DR Critical Support Level: ARK Invest's latest report emphasizes the importance of Bitcoin maintaining the $46,000 support level, marking a “make-or-break moment” for the cryptocurrency. Bearish Market Sentiment: Bitcoin has struggled with a nearly 9% decline in August and is no longer respecting classic bull market support levels, adding to investor concerns.

Bitcoin's biggest holders, often referred to as “whales,” have sharply reduced their trading activity, flashing considerable discussion within the cryptocurrency community. This drop in transactions, noted particularly since Bitcoin's peak in March, raises important questions about the future trajectory of the cryptocurrency market.

Ethereum's price has been trending lower over the past few months but has found support at a critical level. Meanwhile, the market is yet to demonstrate a bullish shift.

Dogecoin, which was formerly favored by social media influencers and regular investors, has been having difficulty sustaining a significant rebound, which has prompted a negative reaction in the communtiy. Notable people like Elon Musk have occasionally endorsed Dogecoin, but the cryptocurrency has not taken off as it once did.

Solana, one of the fastest-growing cryptocurrencies, has been gaining significant attention from both investors and traders. A new report from Bybit Research suggests that Solana's liquid staking could explode in value, potentially growing fivefold to $18 billion, driven by increased retail investor interest.

Crypto trader Stockmoney Lizards shed light on how traders and investors tend to misinterpret Bitcoin's (CRYPTO: BTC) market cycle phases and how to prevent such errors. What Happened: The trader took to social media to highlight the common mistake of "buying the tops and selling the lows.

MicroStrategy has bought 18,300 bitcoin for $1.11 billion according to its CEO Michael Saylor.

Business intelligence firm MicroStrategy is continuing its Bitcoin allocation strategy, this time acquiring over 18,000 BTC. MicroStrategy, one of the largest corporate crypto holders in the world, announced in a press release on Friday, Sept.

MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation.

MicroStrategy has purchased another 18,300 BTC for approximately $1.11 billion at an average price of $60,408 per bitcoin.

Bitcoin (BTC) is still supported by a readiness to hold, as all but the latest ETF buyers and active traders are holding well above their cost basis. While BTC moves sideways, a capitulation is still an unlikely scenario.

Amid Bitcoin's price fluctuations, key market metrics are now suggesting potential for an imminent price move.

The business intelligence company MicroStrategy on Friday said it has acquired 18,300 BTC worth $1.11 billion, according to a filing with the US SEC. The company's net BTC holding has increased to 244,800 BTC worth $9.45 billion, revealed Michael Saylor, executive chairman of the firm.

In response to an infographic showing the largest holders of Bitcoin (BTC), Dogecoin cofounder Billy Markus, aka Shibetoshi Nakamoto, compared his DOGE holdings to how much Satoshi Nakamoto, the creator of Bitcoin, reportedly owns in BTC.

American business intelligence and software firm MicroStrategy Inc. has purchased another Bitcoin (BTC). In an announcement shared on X, Michael Saylor revealed that the firm bought 18,300 BTC for approximately $1.11 billion at approximately $60,408 per Bitcoin.

American business intelligence and software firm MicroStrategy Inc. has purchased another Bitcoin (BTC). In an announcement shared on X, Michael Saylor revealed that the firm bought 18,300 BTC for approximately $1.11 billion at approximately $60,408 per Bitcoin.

Solana price rose above $130 on Sept 11, up 13% in 7 days, on bullish tailwinds from news of Grayscale adding XRP to its cryptocurrency trust offerings.

“It doesn't matter if I invested, or if you're my friend; stage 1 or bust,” he said in a recent tweet. Here's what that means.

MicroStrategy Inc. (NASDAQ: MSTR), a leading enterprise analytics and mobility software provider, has announced a fresh Bitcoin (BTC) purchase. While other investors offloaded their Bitcoin holdings, as depicted by the notable cash outflows from the spot BTC ETFs in the past few weeks, MicroStrategy has announced that it acquired 18,300 BTCs for $1.11 billion.

Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date.

MicroStrategy's $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement.

The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.

Bitcoin has seen substantial gains this year, Ethereum has struggled, falling to a 40-month low in its ETH/BTC trading pair. Here's a closer look at the factors contributing to Ethereum's lag behind Bitcoin:

MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commission (SEC) confirmed this purchase.

Ethereum rebounds; mining wallets and technical indicators point to potential growth.

XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.

The firm's latest acquisition was for 18,300 BTC.

The rally in the gold price recently could signal potentially favorable macroeconomic conditions for Bitcoin in the near future following the liquidity infusion from central banks.

BlackRock, the world's largest asset manager with over $9 trillion in assets, is positioning Bitcoin as a key tool in navigating growing global financial instability.

Solana-based liquid staking could attract more retail investors due to increased liquidity and capital efficiency compared to regular staking.

HTX has announced a strategic partnership with IBEX, a fintech innovator focused on the Bitcoin Lightning Network, to enhance Bitcoin transaction speed and reduce costs in emerging markets.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Amid the notable fear of a final crypto sell-off before the bullish rebound anticipated to kickstart in the fourth quarter, Solana (SOL) whales have been fleeing the market recently. The large-cap layer-one (L1) altcoin, with a fully diluted valuation of about $78 billion and a daily average traded volume of around $1.

Bitcoin mining difficulty surged to a historic peak of 92.67 trillion. This unprecedented increase, marking a 3.6% rise, highlights a critical moment for the Bitcoin mining industry, which is grappling with shrinking revenues and declining profitability.

Dogecoin (DOGE), the beloved meme coin that skyrocketed to fame with the backing of Elon Musk and an enthusiastic community, is once again seeing significant whale activity. This time, however, a new player has entered the stage—GoodEgg (GEGG), an A.I-driven dating cryptocurrency platform that is positioned to cause a major market disruption.

Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts and crypto whales, thanks to its massive community and frequent endorsements from figures like Elon Musk.

Overall, the huge disparity, in terms of profit, between the old investors and new market entrants serves as proof of the benefits of the long-term strategy for participating in the greatly volatile crypto market.

A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well.

The Bitcoin (BTC) chart is hinting toward a massive price drop. The coin has already been struggling with an extended consolidation period, and this potential decline could make the situation worse.

Data shared on X indicates that the very first prediction of Bitcoin theoretically reaching $10 million per coin in the future was made by a person who was close to Satoshi Nakamoto.

Ethereum (ETH) has risen by 2%, now trading at $2,368 in the past 24 hours. However, Ethereum exchange-traded funds (ETFs) continue to struggle, seeing another day of outflows totaling $20.14 million.

Tron founder Justin Sun slammed the recently launched cbBTC, Coinbase's Bitcoin wrapper offering, saying it is the beginning of a dark age for the pioneer cryptocurrency.