MicroStrategy, the software intelligence firm led by Michael Saylor, is setting the stage for a monumental shift in how businesses view Bitcoin as an asset. With a bold move signaling their commitment to cryptocurrency, the company is now poised to become the world's first Bitcoin bank.
The market leader has made a significant comeback, as Bitcoin has risen to a new all-time high of $106,000. Strong market fundamentals and increasing institutional interest have supported investor sentiment, as evidenced by this breakout, which highlights Bitcoin's ongoing momentum.
Riot Platforms announced today that it had completed its offering of the 0.75% convertible senior notes due 2030 to raise $594.4M. The Bitcoin miner used the additional proceeds from its coupon-convertible bond issue to acquire 667 BTC at $101,135 per token, bringing its total BTC holding to 17,429 BTC.
Bitcoin miner Riot Platforms has purchased 667 BTC worth $69 million, according to recent SEC filings. The acquisition was made at an average price of $101,135 per Bitcoin.
Billy Markus, the founder of Dogecoin, also known as Shibetoshi Nakamoto, has recently listed his top five favourite cryptocurrencies. The first on Markus's list is Dogecoin, which is quite expected since he is one of its creators.
Bitcoin (BTC) could hit a peak of $290,000 in early 2026 if it repeats the price action seen during the 2017 bull run, according to the latest edition of the “Bitfinex Alpha” report. The projection is based on historical price patterns during bull cycles, institutional adoption, and key technical indicators.
Bitcoin (BTC), once dismissed by many as a speculative asset, is now being considered by some financial experts as a potential solution to the United States' national security and economic challenges. In a recent interview with Bitcoin advocate Robert Breedlove, macro investor Luke Gromen proposed that the US may soon have little choice but to elevate Bitcoin as a neutral reserve asset.
‘Pharma Bro' Martin Shkreli recently criticized MicroStrategy CEO and co-founder Michael Saylor for initiating his Bitcoin playbook for the asset management company. Pharma Bro mentioned on the Shkreli Planet podcast that Saylor was drunk on the idea.
Joseph Vafi, Canaccord Genuity managing director of equity research, joins 'Fast Money' to talk Microstrategy, bitcoin, and what is next for the crypto regulation space.
Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run. The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks.
Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.
Ethereum is following Bitcoin's lead toward $4K, but strategic manipulation is keeping it just out of reach.
On-chain data shows that Bitcoin miners have been selling for around a year now. Here's how much they have sold so far.
Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. Here's how the plan could work.
The cryptocurrency world is buzzing after Bernstein analysts identified the recent Bitcoin price crash as more than just a downturn: it is an opening for an investment opportunity in WallitIQ (WLTQ). This hidden altcoin, priced at $0.0243 during its presale, is projected to explode by 57,800% by Q4 2024.
Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U.S. presidential election, the value of the cryptocurrency has increased by at least 50 percent.
Bitcoin adoption in Palestine has become a lifeline, offering a secure, decentralized way to send and receive money despite financial restrictions. It helps Palestinians access essential resources like food and medicine, especially during conflicts.
667 Bitcoins (BTC) priced at about $101,135 were bought by the corporation. A total of 17,429 Bitcoin is now in the miner's balance.
Bitcoin mining—once viewed as an energy-hungry villain—has quietly emerged as an unexpected ally in the continent's push toward a sustainable energy future. While the environmental costs of cryptocurrency mining have long been a topic of heated debate, recent developments show that Bitcoin miners are playing a crucial role in stabilizing Europe's energy grid, utilizing surplus energy, and aiding the integration of renewable energy sources.
Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.
Presto Research, the analytical division of the algorithmic trading firm Presto, has just dropped its debut annual report titled “From Chaos to Clarity,” shining a spotlight on the wild ride of crypto trends in 2024 and throwing some daring forecasts for 2025.
Michael Saylor, the Chairman of MicroStrategy, was recently interviewed on CNBC, where he talked about the potential of Bitcoin (BTC) to solve the United States debt problem. He even compared the cryptocurrency to early bets on Manhattan, New York City, and its economy.
Michael Saylor thinks Bitcoin is the new Manhattan. On Monday, the MicroStrategy chairman called the king crypto “cyber Manhattan” during an interview, doubling down on his belief that Bitcoin is the ultimate economic powerhouse.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss bitcoin's rally.
A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges.
Bitcoin‘s potential for extended growth is regaining traction following several bullish technical indicators and price movements cited on its chart. With recent breakouts, many crypto analysts believe a major rally for BTC could be around the corner.
World's largest corporations are exploring a new avenue for securing their wealth: Bitcoin (BTC). As traditional markets fluctuate and the value of fiat currencies remains unpredictable, major firms such as MicroStrategy, Tesla, and Tether Holdings are increasingly turning to Bitcoin to diversify their corporate treasuries.
Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.
Bitget received a Bitcoin Service Provider (BSP) License in El Salvador, allowing it to offer various services to clients in the country. This is part of Bitget's broader strategy to win acceptance in several new markets.
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S.
BTC Yield surged to 92.8%, reflecting Semler's effective strategy of leveraging equity funding to rapidly expand bitcoin holdings.
The asset manager published price projections for leading crypto assets and other speculations that could propel the crypto market to new frontiers in the coming year.
Bitcoin's latest price surge has catapulted its enigmatic creator, Satoshi Nakamoto, to new heights on the global wealth rankings. With Bitcoin continuing to break new records, Nakamoto's net worth has reached an estimated $106 billion, making him the 16th richest person in the world.
Bitcoin set another fresh record above $107,000 Monday morning in New York. This comes as crypto companies such as Riot Platforms and MicroStrategy purchased billions worth of the asset in past weeks.
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, Todd Ruoff of Autonomys discusses the outlook for bitcoin ETfs in 2025.
Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds.
Bitcoin hits record above $106K, fueled by Trump's US Bitcoin reserve plans and MicroStrategy's continued acquisitions, driving market momentum.
El Salvador has authorized Bitget to provide Bitcoin services in the country. The exchange is now seeking further approval to support more tokens.
Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.
Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time.
Bitcoin prints a new all-time high above $107,700, while several analysts call for much higher prices in the short term.
Bitcoin (BTC) is starting the week at another all-time high as optimism around the incoming new presidential administration builds. At time of writing, BTC is trading above $107,000, up nearly 10% in the last week and over 150% year-to-date.
Bitcoin and Nvidia lead market performance in 2024, driven by unique growth factors and risks.
On average, one bitcoin was worth $101,890, bringing the total to almost $21.5 million. The business owns 2,084 BTC for around $168.6 million, or $80,916 per Bitcoin.
Accelerating ETF inflows, dwindling exchange supply, and potential U.S. strategic reserves are setting the stage for unprecedented Bitcoin scarcity—making even a $1 million price target suddenly plausible.
This gives the corporate bitcoin holder exposure to billions of dollars in passive flows into the 13 ETFs that track the Nasdaq 100.
Jeremy Rubin recently released a proposal to allow specialized oracles to emulate covenants on Bitcoin with no softforks necessary, secured by a BitVM based slashable bond.