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news-imageSeptember 27, 2024

Bitcoin's Correlation with Gold Hits 5-Month High, But Ethereum Takes a Different Path

Bitcoin's correlation with gold has reached its highest point in five months. According to data from Into The Block, this increase coincides with gold reaching a new all-time high against the dollar, trading at $2,670 per ounce today.
Publisher: The Currency Analytics
Sentiment: Positive
BTC
ETH

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cover-imageCoinPedia
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How MicroStrategy Bitcoin Holding Is Driving Unbelievable ROI?

Amid Wall Street investors' mainstream adoption of Bitcoin (BTC), MicroStrategy Inc. (NASDAQ: MSTR) has emerged as a leader among its peers. The firm, which provides enterprise analytics and mobility software, has sold its shares to institutional investors in the past to purchase more Bitcoins. For instance, the firm recently completed $1.

Positive
cover-imageThe Currency Analytics
September 27, 2024

Michael Saylor Praises BlackRock's Optimistic Bitcoin Outlook

Michael Saylor, the co-founder of MicroStrategy and a vocal advocate for Bitcoin, has expressed his support for BlackRock's bullish statements regarding the leading cryptocurrency. Saylor's comments follow an appearance by BlackRock's head of digital assets, Robbie Mitchnick, at Bloomberg Crypto, where he made significant remarks about Bitcoin's potential.

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