In response to an infographic showing the largest holders of Bitcoin (BTC), Dogecoin cofounder Billy Markus, aka Shibetoshi Nakamoto, compared his DOGE holdings to how much Satoshi Nakamoto, the creator of Bitcoin, reportedly owns in BTC.

American business intelligence and software firm MicroStrategy Inc. has purchased another Bitcoin (BTC). In an announcement shared on X, Michael Saylor revealed that the firm bought 18,300 BTC for approximately $1.11 billion at approximately $60,408 per Bitcoin.

American business intelligence and software firm MicroStrategy Inc. has purchased another Bitcoin (BTC). In an announcement shared on X, Michael Saylor revealed that the firm bought 18,300 BTC for approximately $1.11 billion at approximately $60,408 per Bitcoin.

MicroStrategy Inc. (NASDAQ: MSTR), a leading enterprise analytics and mobility software provider, has announced a fresh Bitcoin (BTC) purchase. While other investors offloaded their Bitcoin holdings, as depicted by the notable cash outflows from the spot BTC ETFs in the past few weeks, MicroStrategy has announced that it acquired 18,300 BTCs for $1.11 billion.

Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion. Executive chairman Michael Saylor announced a BTC yield of 17.0% year-to-date.

MicroStrategy's $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement.

The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.

Bitcoin has seen substantial gains this year, Ethereum has struggled, falling to a 40-month low in its ETH/BTC trading pair. Here's a closer look at the factors contributing to Ethereum's lag behind Bitcoin:

XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.

The firm's latest acquisition was for 18,300 BTC.

The rally in the gold price recently could signal potentially favorable macroeconomic conditions for Bitcoin in the near future following the liquidity infusion from central banks.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin mining difficulty surged to a historic peak of 92.67 trillion. This unprecedented increase, marking a 3.6% rise, highlights a critical moment for the Bitcoin mining industry, which is grappling with shrinking revenues and declining profitability.

Overall, the huge disparity, in terms of profit, between the old investors and new market entrants serves as proof of the benefits of the long-term strategy for participating in the greatly volatile crypto market.

A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well.

The Bitcoin (BTC) chart is hinting toward a massive price drop. The coin has already been struggling with an extended consolidation period, and this potential decline could make the situation worse.

Data shared on X indicates that the very first prediction of Bitcoin theoretically reaching $10 million per coin in the future was made by a person who was close to Satoshi Nakamoto.

Tron founder Justin Sun slammed the recently launched cbBTC, Coinbase's Bitcoin wrapper offering, saying it is the beginning of a dark age for the pioneer cryptocurrency.

Economists are calling for China to unleash $1.

Positive sentiment toward Bitcoin is noticeably increasing on social media, which is a first for the cryptocurrency; positive comments have more than doubled negative ones for the first time in more than a year.

Exchange-traded funds have bucked the trend with higher-than-average volumes in August — yet Bitcoin ETFs suffered extensive outflows towards the end of the month.

Benchmark cryptocurrency bitcoin (BTC) has been trending below the $60,000 resistance point for close to three weeks, suggesting a degree of sell-side pressure in the cryptocurrency markets. However, the world's largest cryptocurrency, which rallied to an all-time high earlier this year in March, has been relatively well bid in the past week.

Historical trends have always been used to analyze Bitcoin price and provide insights into the crypto's future trajectory. Although these trends don't always play out the same way, they tend to rhyme and give a pattern, indicating what to expect from the leading crypto.

In recent developments within the cryptocurrency market, analyst Tarek on chain from Crypto Quant has spotlighted a potentially significant bullish trend for Bitcoin (BTC), currently priced at $57,984.34. The analysis reveals intriguing patterns in Bitcoin's exchange reserves and stable coin movements, which suggest a forthcoming price surge.

The difficulty in mining Bitcoin has surged to a new record level, hence squeezing profit margins. Reaching 92.67 trillion, the difficulty index exceeded the previous record peak of 90.67 trillion set in July this year.

Gold has just broken out to a new all-time high of $2,570, while silver has just hit $30. Could Bitcoin now follow?

Major financial institutions and analysts project significant growth for Bitcoin, with price predictions ranging from $100,000 to $2.91 million

U.S. spot Bitcoin exchange-traded funds (ETFs) saw daily net inflows of $39.02 million on Thursday, rebounding after experiencing negative flows the previous day.

One of the leading Bitcoin and crypto exchange HTX announced integration of Bitcoin's Lightning Network to enable faster, cheaper payments.

The crypto market is on high alert right now, as nearly $1.6 billion worth of Bitcoin and Ethereum options are set to expire today at 1:30 PM IST. What this development indicates is a chance for a sharp increase in market volatility. Let's have a closer look at the possible implications.

Scottie Pippen, widely regarded as one of the greatest players in NBA history, is among the handful of celebrities to publicly endorse Bitcoin (CRYPTO: BTC). What happened: In an X post on Thursday, the sporting legend wrote, "Bullish on BITCOIN" with the hashtag #BeLikeSatoshi.

"Traders should monitor medium-term reversal indicators such as RSI and Stochastics," to catch signs of assets being oversold, said 10X Research.

US Senator Cynthia Lummis has already proposed the US government purchase 1 million Bitcoin units in the next five years and hold them for the next 20 years to counter the country's debt crisis.

On-chain data shows the Bitcoin Puell Multiple has recently declined into the historical bottom zone as BTC's continued consolidation. Bitcoin Puell Multiple Is Now Under The 0.4 Level As an analyst in a CryptoQuant Quicktake post explained, the BTC Puell Multiple has declined under 0.4 for the first time since the end of 2022.

Bitcoin (BTC) trades at $57.8K, losing 0.53% in the last 24 hours. BTC continues to stay within the fear zone in the market.

Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.

BTC price weakness leaves just two lines of defence nearby, ARK Invest warns, while Bitcoin spawns underwater investors.

The Zulu Network has announced a strategic alliance with Cobo, a prominent provider of digital asset custody and wallet infrastructure services.

He believes that if Donald Trump wins the 2024 U.S. presidential election, Bitcoin could skyrocket to $125,000. But even if Vice President Kamala Harris becomes president, Kendrick thinks Bitcoin will still reach new heights, hitting around $75,000.

As the crypto markets are heading towards the end of the first fortnight, the tokens are becoming more and more volatile. The bitcoin price is experiencing equal pressure on either side at frequent intervals, keeping the bullish and the bearish claims alive.

This Summer has not been particularly fruitful for the Bitcoin price. Six months of long, grinding, sideways and downwards price action has made it difficult for investors to stay positive.

Recent analysis from CryptoQuant highlights that Bitcoin price may soon undergo a significant move, according to an indicator known as the Coinbase Premium. A CryptoQuant analyst under the pseudonym ‘Avocado Onchain' noted earlier today that the Coinbase Premium, which measures the price gap between Bitcoin on Coinbase and Binance, is showing signs of convergence.

Bitcoin is either going to zero or $1 million. The next four years are going to be highly volatile.

Financial analyst Peter Schiff asserts that those considering buying Bitcoin in 2024 are very late, noting that golds market cap has grown five times more than Bitcoins this year. While some experts predict significant Bitcoin price hikes, Schiff remains doubtful.

Bitcoin advocate and billionaire investor Robert Kiyosaki has raised concerns about the escalating U.S. national debt. He suggests that neither Donald Trump nor Kamala Harris can solve the debt issue, which has now reached $35 trillion.

President Nayib Bukeles promotion of Bitcoin as legal tender was described as a rebranding effort by his advisors, according to a TIME reporter. The campaign focused on boosting his image rather than significantly changing El Salvadors economy.

XRP is today's top gainer from the larger-cap alts after Grayscale's announcement.

Thursday's inflows represent a sharp turnaround from the previous day's negative trends across Bitcoin ETFs. Investors appear to be capitalizing on Bitcoin's price stability around $58,000.