In the ever-dynamic cryptocurrency market, Bitcoin is currently making headlines again, this time for topping above $107,000.

The business intelligence firm Microstrategy has added more to its bitcoin (BTC) holdings, according to a recent post on X by company founder Michael Saylor. Microstrategy Ramps up Bitcoin Reserves In a post shared Sunday evening, Saylor hinted at the acquisition. He followed up on Monday, Dec.

MicroStrategy increased its Bitcoin holdings to 444 BTC, valued at $42.7 billion.

The crypto market today witnessed a minor pullback over the previous day. As a result, the market cap of the industry took a blow of 0.95% to $3.32 trillion. The trading volume too saw a modest fall of 2.05% to $152.63 billion.

MSTR recently joined the Nasdsaq 100.

Amid ongoing market uncertainty, the defunct crypto exchange Mt. Gox has captured everyone's attention after transferring a million dollars worth of Bitcoin (BTC). Today, December 23, 2024, blockchain-based intelligence firm Arkham posted on X (formerly Twitter) that Mt. Gox has moved a substantial $49.3 million worth of BTC. Mt. Gox Moves $49.

Michael Saylor, co-founder and chairman of MicroStrategy, has introduced a proposal aimed at deeply integrating Bitcoin and digital assets into the U.S. economy, positioning the nation as a leader in the emerging digital economy.

MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million at an average price of $106,662 per Bitcoin. The post MicroStrategy Acquires 5,262 BTC for $561M, Total Holdings Reach 444,262 BTC appeared first on Cryptonews.

A new week has started with bears putting the pressure on, according to CoinMarketCap.

The purchase takes MicroStrategy's total holdings to 444,262 bitcoin.

MicroStrategy, the biggest corporate holder of Bitcoin, has increased its Bitcoin reserves once again. The company recently bought 5,262 BTC BTC for $561 million, paying an average of ~$106,662 per bitcoin. As of today, the company hodl 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin.

Do you regret not buying Bitcoin at $10? You have company. Many claim they missed life-changing profit opportunities as Bitcoin has dramatically transformed from an unknown cryptocurrency into a worldwide legacy. The positive aspect is that the cryptocurrency market is still expanding and offering new opportunities.

Over $2.5B in Bitcoin outflows signal bullish sentiment as BTC trades near $96,905. Will it rally past $100K? Insights on key levels and funding rates. The post $2 Billion in BTC Leaves Exchanges – Will This Trigger a Rally to $108K for Bitcoin? appeared first on Cryptonews.

The U.S. Securities and Exchange Commission approved the first bitcoin ETFs in January.

Robert Kiyosaki, has issued a warning about an impending global market crash and potential economic depression while encouraging investors to buy more Bitcoin.

As we approach 2025, the big question is arising where will Bitcoin headed next year? Renowned crypto analyst Michaël van de Poppe believes that the next big rally for Bitcoin could send its price soaring to $250,000 in 2025.

The head of digital assets research at exchange-traded fund (ETF) provider VanEck says a strategic Bitcoin (BTC) reserve can help the US pay off its rapidly accelerating national debt in about 25 years.

The purchase did little to buoy sentiment for bitcoin, which recorded its first seven-day loss since early November.

Bitcoin (BTC) continued the 2024 bull cycle with the smallest drawdowns to date. The higher price range is less volatile, translating into much smaller expected crashes.

TL;DR Nexo, in collaboration with 7RCC Global, has proposed the world's first ESG-focused Bitcoin ETF, blending Bitcoin's growth potential with environmentally sustainable investment practices. The Nexo 7RCC ETF will allocate 80% of its portfolio to Bitcoin and 20% to Carbon Credit Futures, ensuring adaptability to regulatory changes while fostering sustainable investment practices.

The cryptocurrency market has recently been shaken by a record fund outflow of 73 million dollars from BlackRock's Bitcoin exchange-traded fund (ETF) (IBIT). This event marks the largest fund outflow since the ETF's launch in January 2024.

Bitcoin price today trades at $94,650 after dropping 12% from its all-time high (ATH) of $108,421. Investors are shocked due to the quickness of the recent crash that wiped out more than $1 billion worth of positions.

Bitcoin faced its first big weekly decline since Trump's election-fueled rally, likely due to reduced Federal Reserve rate cut projections.

Bitcoin has been navigating an ascending consolidation phase near its critical $108K resistance level, recently encountering a sharp decline. However, strong support zones suggest a potential for a short-term bullish rebound.

Japanese Bitcoin-focused firm Metaplanet has significantly increased its crypto portfolio following its recent US market expansion. On Dec. 23, the company, listed on the Tokyo Stock Exchange and trading on the US OTCQX Market as MTPLF, said it acquired 619.70 BTC for 9.5 billion yen ($60.7 million).

However, it is only a projection based on current data that will hardly remain constant over time.

Bitcoin [BTC] continues to attract market demand despite recent pullbacks.

TL;DR A recent report by VanEck suggests that the U.S. could reduce its national debt by creating a Bitcoin reserve, potentially offsetting 35% of the debt by 2049. VanEck's analysis projects Bitcoin's value to reach $42.3 million by 2049, with the U.S. national debt growing to $119.3 trillion.

Simon Gerovich, the CEO at Metaplanet, announced that the company has achieved a BTC yield of 309 percent QTD as it holds about 1,761 Bitcoin.

El Salvador's festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador's Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country's everlasting dedication to the original cryptocurrency.

Over the last five days the Bitcoin ($BTC) price has generally trended downward. Currently holding just above $95,000, will this decline continue, or could we see a big recovery going into the end of this year?

Bitcoin has factored in an additional price drop of 0.72% in the last 24 hours. Resulting from recent price drops, BTC has entered a selling market situation as per reports.

A VanEck report suggests that the US could cut its national debt by 35% over the next 24 years by holding a Bitcoin reserve.

AAVE has defied the overall market trend, with a notable 10% surge.

This approval marks a significant step forward for the crypto world. As expected, both ETFs will initially hold Bitcoin (BTC) and Ether (ETH).

During the last week, the price of Bitcoin underwent a violent downward correction, losing about 15%.

In his latest video published on December 21, crypto analyst Rekt Capital tried to answer the question “What's The Worst Case Scenario For Bitcoin Right Now?”. After reaching a new all-time high at $108,374 on December 17, the BTC price is down more than -11%.

Bitcoin experienced its first major weekly decline since Trump's election victory, falling 10% to $94,645 amid Federal Reserve policy shifts and technical weakness, though major firms maintain bullish long-term outlooks for 2025.

On December 23, pseudonymous analyst Marty Marty shared an analysis of the U.S. Dollar Index (DXY), highlighting its potential impact on financial markets, including cryptocurrencies. The DXY, which measures the strength of the U.S. dollar against a basket of major currencies, currently stands at 107.84.

Japanese investment firm Metaplanet made its largest Bitcoin purchase of 619.7 BTC worth $60 million, bringing its total holdings to 1,762 BTC valued at $168 million

MicroStrategy, a leader in institutional Bitcoin acquisition, has recently reached a historic milestone by surpassing the purchase volumes recorded during the 2021 bull market. These moves reflect a bold strategy and an unwavering commitment to the flagship cryptocurrency.

Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.

The bank will offer Bitcoin and crypto investment services to its 35 million customers. This move follows official approval from the French financial regulator, Autorité des Marchés Financiers (AMF).

Bitcoin price has recently broken below a long-time ascending channel and the Trump-fueled rally needs fresh impetus to sustain gains.

A possible solution to the main problem, namely the signatures, has also already been suggested.

With Bitcoin's sudden downturn marking a bearish week for the crypto market, a recap highlights the top performers and biggest losers. Examining various aspects of Bitcoin and altcoins, here's an outlook on how Bitcoin could still reclaim the $100K milestone.

Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning while hinting towards an economic depression ahead. In a recent X post, the renowned author said that the global market crash has already started, as he predicted earlier, which indicates that the financial market might enter a “depression” phase.

Ever since the BTC price triggered a massive breakout to the ATH, the markets have become highly optimistic about the next price action. The upper targets were elevated beyond $110K to $115K ahead of the yearly close.