Historically, when Bitcoin wraps up September on a high note, it often leads to robust gains in October, November, and December. This phenomenon is not new; crypto analyst Jelle highlights that in previous years, particularly 2015 and 2016, Bitcoin experienced an average increase of 15% following a positive September.

Analysts are projecting Bitcoin (CRYPTO: BTC) to reach $65,000 in the near term, citing increased long positions and bullish options activity, as the leading cryptocurrency remains steady above $62,000. Meanwhile, Ethereum (CRYPTO: ETH) has climbed 3.5% to $2,547, with both cryptocurrencies seeing significant ETF inflows.

VanEck expects Bitcoin's long-term bull market to continue, but miners are struggling.

Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.

Large investors seem to be upping their ante; at least, that's the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice.

Veteran technical analyst CryptoCred sees a potential shift to a bullish market structure for Bitcoin (CRYPTO: BTC), suggesting the apex crypto is at a critical juncture. What Happened: CryptoCred took to his X account to emphasize the importance of using line charts for market structure analysis, noting that they “tend to be clearer as they only show the closes.

Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase additional Bitcoin between September 13 and September 19, further bolstering its position as the cryptocurrency's largest publicly traded corporate holder.

MicroStrategy, the world's largest corporate holder of Bitcoin, announced its latest acquisition of the market's largest cryptocurrency. The Nasdaq-listed business intelligence company has acquired another 7,400 BTC for nearly $460 million, as revealed today by its Executive Chairman, Michael Saylor.

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs.

In terms of which election outcome would be better for the crypto industry, VanEck offers a case that isn't so cut and dry.

Explore informed insights and predictions about Bitcoin's potential rise to $70K this autumn. Discover altcoins also predicted to follow Bitcoin's trajectory in this comprehensive article.

The 2024 election is projected to be a tight race on the granular local level, but this shouldn't matter for the long-term price of BTC.

Analysis suggests that the coins didn't belong to Satoshi himself, but someone has been holding onto this Bitcoin since the early days.

Can Historical Election Trends Predict Bitcoin's Next Move?

Bitcoin price dipped to a daily low of $62,586 after briefly touching the $64,000 mark for the first time this month. According to CryptoSlate data, the flagship digital asset has since recovered the dip and was trading at $63,127 as of press time.

Popcat, Mantra, and Mog Coin are among 42 cryptocurrencies to outperform Bitcoin in 2024, according to a Lookonchain analysis. Bitcoin (BTC) is the world's largest and top digital asset, currently attracting the most institutional interest.

Bitcoin continues to see a lot of noisy behavior, as we continue to see a lot of trouble for this market. This is a market that is also backed by the ETF now, so this has a somewhat positive effect in this market.

A recent squeeze propelled BTC toward $64K, yet uncertainty looms, challenging the durability of this rally.

Given the renewed upward performance of the entire cryptocurrency market following the recent Federal Reserve (Fed) interest rate cut, Bitcoin is witnessing a wave of bullish predictions from crypto experts, with some forecasting that BTC's final surge for this cycle has officially set in.

TL;DR MicroStrategy completes $1.01 billion convertible senior notes offering at 0.625% interest. The funds will be used to redeem existing notes and acquire more Bitcoin. The notes are scheduled to mature on September 15, 2028.

The Bitcoin market continues to see a lot of noisy behavior, as the market has been trying to discern the risk appetite in this market, as well as many others. The market continues to see a lot of volatility, as well as reactions to the interest rate decisions from central

After weeks, the crypto market is in a better stage, where the user's sentiments are finally out of the fear zone. Even the global market capitalization is at a new peak in weeks, currently at $2.21 Trillion.

MicroStrategy, in a Sept. 20 filing with the US SEC, declared the acquisition of 7,420 BTC for $458.2 million at an average price of $61,750 per Bitcoin between Sept.

Michael Saylor's firm now holds nearly $16 billion in Bitcoin with this purchase, which came just days after the last one.

Bitcoin has surged past the $62,000 mark, reaching $62,326.36—its highest price since late August. This increase, representing a 4.07% rise in just 24 hours, follows the Federal Reserve's recent decision to lower interest rates by 50 basis points, a move that caught many analysts by surprise as they had anticipated a smaller reduction of 25 basis points.

BTC price predictions see some consolidation before Bitcoin bulls tackle major resistance hurdles.

MicroStrategy doubles down on Bitcoin accumulation strategy with a fresh acquisition worth nearly half a billion.

Samson Mow sets his sights on Japan in his latest effort to promote state-level Bitcoin adoption.

MicroStrategy announced on Friday it had completed a $1.01 billion offering of convertible senior notes.

MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.

Market analyst Will Clemente reports that there has been a notable increase in trading activity for Bitcoin, with over $1 billion in contracts opened on BTC perpetual futures in the last day alone.

Bitcoin's price has remained stable despite negative Coinbase Premium values as buying pressure on Binance increases.

MicroStrategy acquired 7,420 Bitcoins for approximately $458.2 million between September 13 and September 19.

MicroStrategy Founder and Chairman Michael Saylor finally commented on a recently published Bitcoin Whitepaper from BlackRock. Saylor's comment comes after popular figures like Bloomberg's Senior ETF analyst Eric Balchunas spotlighted the BlackRock Bitcoin whitepaper.

The reactivation of Bitcoin miner wallets from as far back as 2009 has generated considerable interest within the cryptocurrency sector on Friday.

With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.

MicroStrategy has purchased more Bitcoin, with the company announcing it had acquired an additional 7,420 BTC. On Sept. 20, MicroStrategy announced it had completed its $1 billion convertible senior notes offering.

Bitcoin could not hold the price level at $63,800 and dropped around 1.92% to $62,573. It was moving average 20 that gave some support to bitcoin price and it again rose and reached the old all time high of bitcoin.

Proof of Workforce and Santa Monica's vice mayor will present a case study on the city's innovative Bitcoin Office at the CMRTA Annual Conference. The office, the first of its kind in the U.S., aims to educate on Bitcoin and support economic recovery.

Bitcoin price rose to a key resistance level as investors embraced a risk-on sentiment after the dovish interest rate decision. Bullish catalysts for Bitcoin Bitcoin (BTC) jumped to the important point at $64,000 for the first time since Aug.

Brian Armstrong, the CEO of Coinbase, recently expressed his support for the adoption of Bitcoin as official currency in another Latin American country. According to him, "economic freedom is the basis of all freedoms.

Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 252,220 bitcoin, purchased for roughly $9.9 billion at an average price of $39,266 per coin. The year-to-date bitcoin yield stands at 17.

MicroStrategy's aggressive Bitcoin acquisitions could significantly influence market dynamics and corporate treasury strategies globally. The post MicroStrategy adds 7,420 BTC to its stash, reveals $1 billion in cash for another buying round appeared first on Crypto Briefing.

As the cryptocurrency market shows signs of recovery, MicroStrategy, the largest corporate Bitcoin (BTC) holder made a big move by purchasing 7,420 BTC worth $458.2 million. It took six days to accumulate this substantial BTC at an average price of $61,750, according to the on-chain analytics firm Lookonchain. MicroStrategy bought another 7,420 $BTC($458.

Bitcoin (BTC) dormant whales are ancient addresses that have remained inactive for an extended period, usually kept by long-term holders. Recently, five 15-year dormant whales activated to move nearly $16 million almost simultaneously, making waves in the cryptocurrency market.

Bitcoin critic and gold advocate Peter Schiff has made headlines again by claiming that gold is winning the investment race against Bitcoin. He noted that gold has hit a record high of over $2,614. In contrast, Bitcoin hasn't reached a new peak since March 2023.

The latest acquisitions come amid MicroStrategy's completion of a $1.01 billion upsized offering of convertible notes.