Bitcoin (CRYPTO: BTC) has briefly crossed the $106,000 threshold during the Asian trading session before falling back below $104,000 before the New York open. Market observers expect Bitcoin to continue to push up but are divided on how long the rally can last.

Microstrategy's $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin's rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin's growing prominence as a transformative financial asset took center stage as Microstrategy Inc.

MicroStrategy's latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion.

MicroStrategy expands its Bitcoin holdings with a $1.5B acquisition at $100,386 per BTC.

Bitcoin soared past its $106K ATH late last night, tracking from a 50% price spike since the US election outcome due to Donald Trump's crypto advocacy. Its upswing also follows anticipation of the Federal Reserve's (Fed) upcoming interest rate changes, possibly a 25-basis-point cut during the Federal Open Market Committee (FOMC) meeting on December 18.

Drake's X account was hacked and used to promote a fraudulent Solana-based meme coin, resulting in $5 million in trading activity before being exposed as a scam.

Bitcoin (BTC) has achieved a significant milestone today, surging above the $106,000 mark during early Asian trading hours. As the coin's price breaks new records, the BTC-to-gold ratio has also reached a new peak.

Bitcoin has reached a monumental milestone in its network's performance, as its hash rate surpassed the 800 exahash per second (EH/s) mark, a new all-time high. As of December 14, 2024, the network's computing power peaked at 805 EH/s, a significant jump from just a year ago.

The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.

MicroStrategy has bolstered its Bitcoin holdings with an additional acquisition of 15,350 BTC, investing approximately $1.5 billion. The purchase, completed between December 9 and December 15, 2024, reflects an average price of $100,386 per Bitcoin, including fees.

Over the years, JPMorgan (NYSE: JPM) CEO Jamie Dimon has maintained a dismissive stance regarding Bitcoin's (BTC) potential, with his concerns mostly centered on the asset's ability to be leveraged in illicit activities.

Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.

MicroStrategy has purchased another 15,350 BTC for approximately $1.5 billion at an average price of $100.386 per bitcoin.

A user, “Anchor Drops” on X, had his wallet drained of 10 BTC and $1.5 million worth of NFTs through phishing attacks. Read on to get the details of this information.

Bitcoin's rising wedge and bearish RSI divergence hint at a potential pullback. Will key support at $93,756 hold, or is a deeper correction on the horizon before the next rally?

Microstrategy, a Nasdaq-100 listed firm has acquired 15,350 BTC Bitcoins for approximately $1.5 billion billion at an average price of $100,386 per BTC. With the recent acquisition, the firm holds 439,000 $BTC , purchased for $27.1 billion at an average of $61,725 per bitcoin, achieving YTD yields of 46.4% QTD and 72.4% YTD.

A major move could redefine the outlook for Ethereum as the crypto market undergoes a consolidation phase. On December 14, an exceptional transaction of 418 million dollars, equivalent to 108,521 ETH, was recorded.

Business intelligence firm MicroStrategy has announced a $1.54 billion Bitcoin purchase, extending its weekly streak.

Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security.

Will likely US national BTC reserve push the cryptocurrency to $230K per coin?

The XRP price has been trading on a consolidation path after reaching a six-year high of $2.9 on December 3. The cryptocurrency has struggled to maintain upward momentum, and recent analysis points to the playout of a descending channel.

Google's Quantum Breakthrough: What It Means for AI, Bitcoin, and the Future. Quantum can be good and bad for crypto, AI, and bitcoin.

Bitcoin price today trades at on after hitting a daily high of today after a % move on . Will BTC continue its ascent to set up new highs?

On-chain activity on L2 expanded in 2024, while the Ethereum main net retained a baseline level of activity.

In a recent analysis, crypto analyst Henrik Zeberg shared his optimistic outlook on Solana (SOL), the fifth-largest cryptocurrency by market capitalization.

The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.

FASB has officially initiated fair value accounting rules for Bitcoin. This aims to encourage Bitcoin adoption as a reserve asset.

Bitget, a prominent global cryptocurrency exchange, has received a Bitcoin Service Provider (BSP) license in El Salvador, positioning the platform to offer a range of Bitcoin services to its customers.

TL;DR Ethereum's (ETH) price surged to $4,000 following significant activity from two newly created multi-signature wallets, which withdrew a combined total of 4,502 ETH from Binance. The timing and scale of these transactions suggest potential institutional involvement, boosting the value of the staked ETH by 3% and generating an unrealized profit of over $500,000.

Bitcoin is trading slightly below the $104k level at the time of writing. Bitcoin is on a strong upward move, moving towards much higher targets above $110k. The price has been steadily rising, with shallow pullbacks, which is typical of previous cycles. The push higher suggests we could soon reach higher targets.

Bitcoin surprised the community with a sudden 3.58% move towards $106,533. However some analysts were definite about this move due to Moving Average 20 playing big. This has caused people to talk about the Christmas rally. There are a number factors behind this momentum.

A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles.

XRP appears primed for a significant rally after months of consolidation, with key technical indicators pointing to a shift toward bullish momentum.

As its price settles into a downward channel, XRP is beginning to show indications of stabilization. Even though there is some selling pressure, the price action indicates that a breakout might be developing as buyers enter the market close to important support levels.

XRP News: Digital asset investment products continue to record massive inflows, with $3.2 billion in inflows last week. This was the 10th consecutive inflows amid massive interest from institutional and retail investors.

The cryptocurrency market has been anything but stable in recent weeks, with several major tokens grappling with resistance levels, shifting trends, and uncertain investor sentiment. XRP, Shiba Inu (SHIB), and Solana (SOL) are facing critical points in their price movements.

MicroStrategy Inc. (MSTR.O), a leading software company and prominent Bitcoin holder, is set to join the Nasdaq 100 on December 23. The inclusion in the $25.7 trillion index, which tracks the largest non-financial companies, reflects its growing relevance in the tech and cryptocurrency sectors. As of now, MicroStrategy holds approximately $4.

The Ethereum market was seen experiencing a 2.36% surge in the last 24 hours, with ETH price settling near $3,951.

Digital asset investment products recorded a significant surge over the past week, with investors pouring another $3.2 billion into the market. In its weekly fund flows report, digital asset manager CoinShares says the global crypto exchange-traded products market reached $44.

Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services.

XRP could face a supply squeeze soon, fueled by notable market activity.

Key Points:

Bitcoin briefly crossed $106,000 overnight after it was announced on Friday that the Nasdaq 100 index will be adding MicroStrategy.

Ripple Labs CTO David Schwartz has issued a warning to investors about potential price volatility as Ripple's RLUSD stablecoin goes live. What Happened: "As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes," Schwartz said on Sunday on X.

The Bitcoin-to-gold ratio, a key metric measuring Bitcoin's purchasing power, has reached a new ATH as Bitcoin's price surges to record-breaking levels. The post Bitcoin Tops $106K, Outpaces Gold with All-Time High Purchasing Power appeared first on Cryptonews.

In recent weeks, Ripple's XRP token has risen 400%, becoming one of the most discussed online and offline discussions. XRP has soared on the back of the growing interest of Gen Z investors and TikTok influencers as it briefly became the world's third-biggest cryptocurrency.

MicroStrategy has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC.

Former Binance CEO Changpeng ‘CZ' Zhao creates a thread on X, showcasing news headlines that point to governments establishing strategic Bitcoin reserves, much like the plans introduced in the U.S.