MicroStrategy, the largest corporate holder of Bitcoin, has continued its aggressive Bitcoin accumulation, purchasing the cryptocurrency for the 10th straight week. According to CoinDesk on January 13, the company acquired 2,530 BTC last week at a cost of $243 million, with an average purchase price of $95,972 per Bitcoin.
Bitcoin price is attempting a recovery wave from the $89,200 zone. BTC is rising and might face resistance near the $95,800 zone.
Fundstrat's Tom Lee says those who buy Bitcoin around $90,000 now won't “lose money” over the long term.
XRP Price Hinges on SEC's Appeal Decision as Leadership Changes Drive Speculation on Digital Asset Regulation.
Bitcoin's volatility intensified in the second week of January, with its price falling 6.25% between Jan. 6 and Jan. 12 to $90,900 from $96,960. While this is still in line with expected drawdowns during bull cycles, the drop provides an excellent case study for analyzing the market's behavior.
On-chain data shows the Bitcoin short-term holders have started selling at a loss. Here's what this could mean for the cryptocurrency's price.
Bitcoin prices suffered on Monday, January 13, dropping to less than $90,000 as multiple factors pushed the digital currency lower.
MicroStrategy Inc. co-founder and Chairman Michael Saylor has urged companies to invest in Bitcoin, calling bonds "toxic."
JPMorgan CEO Jamie Dimon has once again expressed his concerns about Bitcoin, likening the cryptocurrency to smoking, which he describes as an unhealthy activity despite being legal. Dimon's comments, made during a CBS News interview on January 12, 2025, highlighted his ongoing skepticism about Bitcoin while acknowledging the potential of digital currencies and blockchain technology.
Bitcoin's (BTC) adoption is outpacing the transformative technologies of the past, including the internet and mobile phones, according to a recent report by BlackRock. The document highlighted that since its launch in 2009, Bitcoin has quickly evolved from a niche innovation to a globally recognized asset.
President-elect Trump will issue an executive order effectively allowing banks and financial institutions to hold Bitcoin (BTC) and crypto assets on behalf of their clients, according to a new report. The incoming order will reverse a regulatory guideline that has shaped how financial institutions account for and custody digital assets, reports the Washington Post.
Japanese firms are continuing to press ahead with their Bitcoin (BTC)-buying strategies, with the former crypto exchange operator Remixpoint completing a $3.2 million purchase. The post Japan's Remixpoint Completes $3.2 Million Bitcoin Purchase appeared first on Cryptonews.
Bitcoin (BTC) has been showing signs of stabilization, holding steady between $94,000 and $95,000 over the weekend. As of the latest data, the leading cryptocurrency is trading at approximately $94,173, reflecting a slight 5.31% decline over the past week.
Michael Saylor's MicroStrategy is at it again, adding another 2,530 Bitcoin (BTC) to its digital treasure trove. According to a new post on the social media platform X by Saylor himself, the software development firm now holds 450,000 BTC valued at $28.2 billion.
Bitcoin (BTC) briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets, according to Bitfinex's latest Alpha report. The report noted that the price drop coincides with a reversal in market sentiment.
A decline in Bitcoin's network activity has placed the asset in a precarious position, raising concerns about potential price impacts.
Bitcoin has bounced back to $94,000 following reports that Donald Trump is preparing to sign pro-crypto executive orders on his first day in office.
The following is a guest post from Christina Comben. Fisher Yu is the co-founder and CTO of Babylon, the Bitcoin staking protocol causing a stir among forward-thinking HODLers.
Bitcoin started the week negatively as major banks reevaluated their Federal Reserve rate cut forecasts following a strong jobs report. Should investors expect a interest rate cut in March?
Bitcoin (BTC) shifts once again to small-scale holders, who are recovering from the 2022 bear market. Shrimp wallets with under 1 BTC now control 6.9% of the BTC supply.
The price of the asset may be down—but other metrics show the network is working as it should.
Bitcoin (BTC) has recently faced significant challenges, with its price trading well below a key support level of $95,000. As the cryptocurrency continues to struggle, concerns are growing about a potential price crash.
The total trading volume in the prediction market forecasting what Trump will say on Jan. 20 surpassed $1.86 million.
Cryptocurrency markets reversed a weak start to the week on news that Donald Trump reportedly plans signing sseveral crypto-related executive orders on his first day in office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,357 -0.1% Ethereum (CRYPTO: ETH) $3,117 -4.5% Solana (CRYPTO: SOL) $181.90 -3.3% XRP (CRYPTO: XRP) $2.54 +0.9% Dogecoin (CRYPTO: DOGE) $0.3358 -0.0% Shiba Inu (CRYPTO: SHIB) $0.00002108 -2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 6.4%.
Demand for Bitcoin mining machines tripled in Russia during the Q4 of last year compared to the same period in 2023. According to local media outlet Prime, the surge is due to the country's decision to legalize Bitcoin mining in 2024.
Despite Bitcoin's recent correction below $90,000, Fundstrat's Tom Lee maintains his bullish long-term outlook while acknowledging potential short-term volatility.
Market intelligence firm IntoTheBlock says that the Bitcoin (BTC) market can absorb the U.S. Department of Justice's (DOJ) plan to liquidate billions of dollars worth of the asset without any hiccups. In a new article, IntoTheBlock says that the government is going to sell $6.
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A widely followed crypto analyst is alerting investors that Bitcoin (BTC) could plunge even further if a critical support zone falls apart.
Bitcoin's mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network's hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s.
According to local media reports, Russia has seen a 3x demand increase in Bitcoin mining equipment from 2023 to 2024. Mining in the country previously existed in a legal grey area, but it's becoming more broadly accepted.
Bitcoin's short-term demand could be muted by global economic risks and fiscal challenges.
Cliff Asness, one of the most prominent hedge fund managers, remains a Bitcoin skeptic despite the cryptocurrency's record-shattering rally.
Die Stimmung am Kryptomarkt war schonmal besser. Die Neujahrsrallye haben sich die meisten Anleger wohl anders vorgestellt.
Having enjoyed a rollercoaster ride in December last year where it shattered historic highs one after the other, Bitcoin (BTC) has been witnessing a pullback after dropping below the psychological price of $100,000.
The first spot bitcoin ETFs are approaching their one-year trading anniversary, attracting more than $36 billion in net inflows during this period. Yahoo Finance Markets & Data Editor Jared Blikre analyzes the digital asset's performance over the past year, highlighting the most significant gains and losses within the cryptocurrency space.
On January 12, Maartunn, a community on-chain analyst at CryptoQuant, issued a significant cautionary note when he posted on X, Bitcoin “Estimated Leverage Ratio spikes on 4 Major Exchanges.” The exchanges highlighted in his analysis—Gate.
Strata will launch as an open platform that introduces easy and scalable self-custody while facilitating the use of bitcoin. New Funding to Accelerate Development of Bitcoin ZK Rollup Strata Alpen Labs, a bitcoin infrastructure company announced that it has completed an $8.5 million strategic financing led by the Cyber Fund and DBA.
Cliff Asness, co-founder of AQR Capital Management, labeled Bitcoin a speculative bubble following its meteoric rise to over $100,000 after the November 2024 U.S. presidential election.
Comparing the flows of recent months to past cycles, such a sustained period of negative netflows (or outflows) hasn't been seen previously.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rachel Aguirre of BlackRock recaps first year of spot bitcoin ETFs on U.S. markets.
Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The company now owns more than $192 million worth of BTC and touts a "Bitcoin yield" of more than 99%, it said.
American investment management firm BlackRock Inc has advanced the market reach for its Exchange-Traded Fund (ETF) product, the iShares Bitcoin Trust (IBIT). As the firm announced on January 13, the BTC ETF product launched on CBOE Canada.
The crypto markets are witnessing a massive surge in liquidations as Bitcoin (BTC) suddenly drops to a new 2025 low, dipping below $90,000 for the first time this year. New data from market intelligence platform Coinglass shows traders saw liquidations during the last 24 hours to the tune of $716.
Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and cryptocurrency news from the past week. This edition examines how bitcoin can help grow El Salvador's tourism industry.
The co-founder and head of research at Fundstrat Global Advisors says Bitcoin (BTC) needs to crash out a bit harder before bouncing back in a big way.
MicroStrategy, under the leadership of Michael Saylor, continues to strengthen its position as the largest holder of bitcoin. Currently, the company has purchased 2,530 BTC for a total of $243 million!