MicroStrategy continues its aggressive Bitcoin acquisition strategy, adding 2,138 BTC for $209 million. The move boosts its 2024 cryptocurrency yield to 74%, marking a significant milestone for the business intelligence firm.

In a latest develoment, as per data from Arkham Intelligence, the stable coin issuer Tether, has sent 7,629 BTC worth approximately $700 million to its bitcoin reserve address from Bitfinex's hot wallet about an hour ago at 14:00 UTC. TETHER ADDS ANOTHER $700M BITCOIN TO RESERVESSOURCE: ARKHAM pic.twitter.

Christian Lindner urges the ECB and Bundesbank to add Bitcoin to reserves. Germany joins Hong Kong, Poland, and Japan in exploring Bitcoin reserves.

TL;DR BlackRock's IBIT reached $50 billion in assets in just 11 months, breaking records in the financial industry and setting a new benchmark for ETFs globally. Its unprecedented growth helped Bitcoin surpass the $100,000 mark, attracting institutional investors and reshaping the perception of digital currencies.

Bitcoin (BTC) is down to its lowest levels of December, dropping under $92,000, and many crypto enthusiasts are trying to figure out why. Chris Burniske, a former ARK Invest crypto lead and current partner at Placeholder VC, has shared his thoughts as he is looking at the bigger picture, not just the crypto world.

TL;DR MicroStrategy increased its Bitcoin reserve to 446,400 BTC with a purchase of 2,138 BTC valued at $209 million. The company requested SEC approval to issue new shares and raise capital for future Bitcoin acquisitions.

In a latest development, Genius Group Limited a leading AI-powered, Bitcoin-first education group, today announced an additional $10 million purchase for its Bitcoin Treasury, bringing its total holdings to 319.4 Bitcoin, valued at $30 million, with an average purchase price of $93,919 per Bitcoin.

Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin (BTC) traded near the $91,000 level on Monday, Dec.

With 7,629 BTC worth $705.25 million, Tether Bitcoin reserves have been increased to 82,983 BTC, valued at $7.68 billion.

MicroStrategy is at it again, like clockwork, even as market correction deepens. The company just dropped $209 million to scoop up 2,138 more Bitcoins.

Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million.

Hong Kong lawmakers are pushing for Bitcoins inclusion in national reserves, emphasizing its ability to stabilize financial systems, attract investments, and position the region as a leader in digital asset integration, following Chinas substantial Bitcoin holdings. Hong Kong Lawmaker Proposes Bitcoin for National Reserves A lawmaker in Hong Kong has proposed that the special administrative region use Bitcoin as part of the national reserve for financial security, capitalizing on Chinas one country, two systems concept, Cointelegraph reports.

Bitcoin, currently dancing between $91,721 and $92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $1.81 trillion, with a trading volume of $45.45 billion and an intraday price swing from $91,315 to $94,562.

Primarily endorsed by Bitcoin proponents, GOP politicians, and Trump, here's how a Strategic Bitcoin Reserve could actually appeal to progressives.

Despite not hitting an all-time high, Ethereum has gained momentum with developments like ETFs and the Dencun upgrade in 2024.

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and the rest of the cryptocurrency industry are set for a transformative 2025, according to research from Galaxy Research. What Happened: In a thread on X on Dec. 27, Galaxy Research forecasts notable advances in adoption, infrastructure and regulatory clarity, as well as specific advancements for different assets.

The firm, which has been generating record profits, has been trying to diversify its holdings and reinvest in emerging sectors.

TL;DR According to Ki Young Ju, CEO of CryptoQuant, Bitcoin has reached a value of over $1.03 trillion stored in wallets and exchanges, establishing itself as a powerful store of value. The Bitcoin store of value metric has increased by 85% this year, reflecting the growing interest and trust of investors in the cryptocurrency.

Bitcoin (BTC), the largest cryptocurrency, fails to address its major decentralization threats: zero client diversity, poor "social layer" narrative, exodus of Bitcoin Core devs and lack of censorship-resistance. Meanwhile, Ethereum (ETH) managed to accomplished a battle-tested level of decentralization, investor and advisor Anthony Sassano says.

The chief executive of market intelligence platform CryptoQuant is warning investors that the US government's motivations for creating a Bitcoin (BTC) standard may be different from what they expect.

Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 2,138 bitcoin for around $209 million, at an average price of $97.837 BTC as the company keeps accumulating the cryptocurrency.

MicroStrategy invested $209 million to acquire an additional 2,138 BTC, bringing its total holdings to 446,400 BTC, valued at $27.9 billion.

The crypto community carefully watches the blockchain space for large transactions, which reflect the current whale activity. According to Whale Alert, a blockchain sleuth that tracks down large cryptocurrency transfers, earlier today, a massive amount of Bitcoin was transferred by cryptocurrency whales.

BTC dumped below $92,000 for the first time since the end of November.

MicroStrategy Inc (NASDAQ:MSTR) extends its Bitcoin (CRYPTO: BTC) acquisition strategy, announcing on Monday its latest purchase of 2,138 BTC for approximately $209 million to bring the company's total holdings to 446,400 BTC. What Happened: MicroStrategy's Executive Chairman Michael Saylor announced the acquisition on X, having purchased the Bitcoin at an average price of $97,837 per coin.

Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend.

Bitcoin rebounds to $92,294, facing key resistance at $94,000. Will bullish indicators drive a breakout, or could $93,400 spark further declines? The post Bitcoin on the Brink of a Major Rebound – These Key Levels Could Decide Its Fate appeared first on Cryptonews.

Bitcoin and Ethereum share a complex relationship, but right now, one is clearly gaining the upper hand.

Sellers continue their pressure on the first day of the week, according to CoinStats.

MicroStrategy also reported strong Bitcoin yield and announced plans to increase share authorization to facilitate future Bitcoin purchases. The post MicroStrategy Continues Bitcoin Buying Spree, Acquires 2,138 BTC appeared first on Cryptonews.

Tether (USDT), the leading stablecoin in the cryptocurrency market, has experienced a dramatic reduction in its circulating supply, dropping by over $1.3 billion within ten days. This sharp contraction has generated concerns about the impact on Bitcoin liquidity and broader market dynamics, especially during a period marked by regulatory scrutiny and economic uncertainties.

In the early hours of Monday trading, it looks like Bitcoin is going to end up being a little bit negative, and as a result it looks like the market is going to continue to see a lot of questions asked about whether or not momentum can continue, or whether

Bitcoin is stagnant, investors are softly dozing. But beware: Trump in January could very well add some spice to this lukewarm crypto soup.

MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices.

Cryptocurrencies like Ai Companions, Adventure Gold, and Acala were among the best-performing cryptocurrencies on Monday. AI Companions (AIC), which is developing a platform for virtual companionship, rose for the second consecutive day, reaching a high of $0.

TL;DR The proportion of long-term Ethereum holders increased from 59% to 75% in 2024, highlighting growing confidence compared to Bitcoin. The proportion of long-term Bitcoin holders dropped from 70% to 62%, impacted by sales during periods of market volatility and euphoria. Ethereum attracted more institutional interest, doubling net inflows into ETFs in December.

The recent dip in Bitcoin price has fueled concerns of investors over what lies ahead for the flagship crypto. Besides, it also fueled speculations over the future of the broader crypto market, especially as the top altcoins often follow BTC's performance.

Bitcoin (BTC) experienced a significant price dip, falling to a low of $92,941 per coin. The overall cryptocurrency market mirrored this downturn, shedding 1.61% in value, with Bitcoin itself losing 1.42% in the last 24 hours.

The macroeconomic environment stands to define Bitcoin's path into the new year as it enters a critical zone, with analysis cautioning “stagflation” as the driving narrative. The post Analysts Name Stagflation ‘The Theme of 2025' as Bitcoin Faces Critical Zone appeared first on Cryptonews.

MicroStrategy, the software maker turned Bitcoin development company, increased its total holding to 446,400 BTC.

Bitcoin has the potential to attract foreign investments and talent.

Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security.

On Monday, while bitcoin (BTC) prices hovered between $92,850 and $93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $209 million at $97,837 each.

Hong Kong legislator Wu Jiezhuang has proposed integrating Bitcoin into the region's fiscal reserves to enhance financial security.

Anthony Sassano, a prominent Ethereum advocate and educator, shared his views on Dec. 30, 2024, regarding why he believes Bitcoin is less decentralized than Ethereum. In his post on social media platform X, Sassano detailed several points comparing the two blockchain networks.

Another Monday leads to another MicroStrategy purchase.

Bitcoin (BTC) might be a store of value (SoV) for over $1.03 trillion in equivalent across all exchanges and wallets. This massive sum is calculated by combined CEXes and OTC transfer indicators, CryptoQuant platform CEO Ki Young Ju says.

Business intelligence firm MicroStrategy has acquired an additional $209 million, according to a Monday announcement.