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.

As became known, yesterday, on Sep. 19, MicroStrategy completed its 0.625% convertible senior notes offering, an event that saw the company successfully raise over $1 billion.

Michael Saylor's MicroStrategy raised approximately $1.01 billion through the offering of 0.625% convertible senior notes due 2028.

The price of Bitcoin (BTC) witnessed a remarkable surge recently. It went above the crucial $63,000 mark after weeks of consolidation around the $55,000 to $57,000 range.

Cryptocurrency Price Today: The statistics of the crypto market are improving with each passing day. The global market cap has risen by 1.97% to $2.2 Trillion, which comes as the fear and greed index inclines toward a neutral score of “48”. Bitcoin after brushing levels around $64k, is now holding firm at $63.5k level.

TL;DR Diversification Benefits: Bitcoin operates independently of centralized systems, making it a valuable diversifier during geopolitical and economic instability, often uncorrelated with traditional risk factors. Institutional Interest: Growing concerns over the U.S.

Bhutan's experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies.

MicroStrategy bought another $460 million worth of BTC at $61,750.

Microstrategy has revealed plans to acquire additional bitcoin after completing a $1.01 billion offering of convertible senior notes. This move comes as part of the company's ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy Completes $1.

Business intelligence firm MicroStrategy has added $458.2 million worth of Bitcoin to its coffers, according to a Friday announcement made by co-founder Michael Saylor. The company now holds a total of 252,220 Bitcoins.

On-chain data shows that Toncoin (TON) has recently become the number one cryptocurrency in this network activity-related indicator. Toncoin Has Seen A Sharp Surge In Active Addresses Recently According to data from the market intelligence platform IntoTheBlock, Toncoin has recently increased active addresses.

MicroStrategy Inc., a blockchain intelligence and software company, has successfully completed a private issuance of $1.01 billion in Convertible Senior Notes.

The descent of August seems to be over, but it still seems a bit too early for a new bull run.

The crypto market is currently experiencing an impressive surge, with optimism rising among traders as they anticipate favorable conditions stemming from the Federal Reserve's recent decision to cut interest rates.

Japan's interest rate decision highlights the differing monetary strategies between two economic powerhouses — Japan and the US.

American blockchain intelligence and software firm MicroStrategy Inc. has completed the private issuance of $1.01 billion in Convertible Senior Notes. First announced last week, the original target was to offer a total of $700 million worth of debt notes, with a Bitcoin purchase underlying the push.

A long-dormant wallet, inactive since 2009, moved 250 BTC on Sept. 20, offering a rare look into the activities of a whale from the earliest days of Satoshi-era mining on desktop computers.

MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment.

Bitcoin's price surged more than 6% this week, reaching a high of $63,800 following the U.S. Federal Reserve's decision to cut interest rates by 50 basis points.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

In an encouraging turn for cryptocurrency investors, recent data shows that no Bitcoin (BTC) holders are currently facing paper losses. The surge in Bitcoin's price, which has surpassed $62,000, has been attributed to a recent interest rate cut by the U.S. Federal Reserve, fueling optimism for a continued bullish trend in the market.

Dormant Bitcoin miner wallets have resurfaced after roughly 15 years of inactivity to move 250 BTC, valued at over $15 million at current prices. On Sept.

A new analysis suggests that Bitcoin‘s (CRYPTO: BTC) correction phase may have come to an end, with experts now predicting a potential surge towards the $70,000 mark. What Happened: According to a 10x Research report, trading signals have increased long positions to 70% net long for the first time, indicating a favorable buying opportunity for both Bitcoin and Ethereum (CRYPTO: ETH) with a 2-3 month horizon.

After 15 years of being inactive, wallets from the "Satoshi Era" have just moved a whopping $16 million in Bitcoin!

An inactive Bitcoin wallet for 13.1 years awakens, turning $524 into $3.8 million. Discover this fascinating story.

"Crypto is trading at month's highs, and the market is set for a stronger rally," one analyst noted.

Between block height 862,079 and 862,087, a group of five vintage bitcoin wallets from 2009 came out of hibernation, spending a total of 250 BTC for the first time in over 15 years. With addresses from the Satoshi era being incredibly rare, these transactions, worth $15.

Despite Bitcoin's recent rally past $64,000 following the U.S. Fed rate cut, potential reversal signals have emerged.

Dormant Bitcoin wallets with more than 105 BTC reactivated after 13 years. What's behind this?

Even the spot Ethereum ETFs saw some minor net inflows yesterday.

Malone Lam and Jeandiel Serrano were arrested by the FBI Wednesday and charged with wire fraud and money laundering.

It is expected that the Bitcoin market will embrace a strong bullish uptrend soon. Right now, the Bitcoin price stands at $63,455 – which is the highest the price has reached this month. Lately, the market has witnessed at least four consecutive green candlesticks, indicating that the market is aggressively moving towards a bullish phase.

Bitcoin is gaining traction as BlackRock's recent white paper hails the cryptocurrency as a unique hedge against monetary and geopolitical risks.

Earlier today, prominent blockchain tracker Whale Alert spread the word about several Satoshi-era Bitcoin wallets awakening after staying for more than 15 years in hibernation.

Bitcoin prices rise nearly 5%, BlackRock's iShares Bitcoin Trust (IBIT) struggled to attract new investments, netting a modest $6.76 million in inflows for September. This sluggish performance stands in stark contrast to the broader cryptocurrency market, where significant volatility has led to heightened investor caution.

Move 50 BTC mined a few weeks after Satoshi Nakamoto mined the first block of the Bitcoin blockchain.

The Federal Bureau of Investigation (FBI) has arrested two people suspected of stealing and laundering over $230 million in Bitcoin (CRYPTO: BTC). What Happened: Malone Lam and Jeandiel Serrano were taken into custody on Wednesday night, according to a press release by the U.S. Department of Justice.

Bitcoin is currently exhibiting bullish price action that has sparked optimism among crypto investors. The cryptocurrency recently broke above the psychological $60,000 price barrier after three weeks of acting as a dreaded resistance level.

The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.

Bitcoin (BTC) price has been forming a midterm reversal pattern after rallying to a daily high of around $64,082. The initial bullish outlook triggered by the Fed's rate cut, which signaled the onset of a shift to an economic growth period, has gradually waned off.

With the cryptocurrency sector's growing presence in the mainstream, many crypto traders and investors are looking for a chance to earn some profit from its assets, including those that could provide them with a vast income, say $1 million, from investing a relatively low amount like $5,000.

The US spot Bitcoin ETFs registered a net cash inflow of over $158 million on Thursday, amid the changing economic outlook accelerated by the recent Fed's rate cut.

Ever since the Bitcoin price faced rejection from the ATH, each move appears to have been calculative, largely influenced by the previous price action. As a result, many were quite optimistic about the next price action in the times when the BTC price slashed below $50,000.

Bitcoin hits 25-day high, surging 10.3% amid bullish momentum. Fed rate cut and BlackRock's report drive market optimism.