Bears are keeping the pressure on at the beginning of the week, according to CoinMarketCap.

Bitcoin's price held steady at a dazzling $105,080 on Monday, Dec. 16, 2024, with a daily trading volume of $90.85 billion and a market cap hitting $2.05 trillion, while the leading crypto asset by market cap danced between $102,593 and $106,533 throughout the last day.

Michael Saylor-led MicroStrategy has increased its total Bitcoin holdings to 439,000, strengthening its position as the top corporate BTC holder.

MicroStrategy joins Nasdaq-100 as a bitcoin proxy, boosting shares 3%. The move brings ETF inflows and spotlights its $44B BTC holdings.

The addition of 211 bitcoin has seen Semler Scientific double its bitcoin balance in Q4 alone, raising its bitcoin yield to 92.8%. Semler Makes Another Addition to Growing BTC Balance Semler Scientific has announced another purchase of 211 bitcoin for $21.5 million. According to a Dec.

Peter Schiff, the relentless gold maximalist and Bitcoin hater, has set his sights on Michael Saylor and his company MicroStrategy, accusing them of manipulating BTC price. The sharp allegations followed Bitcoin's meteoric rise to an all-time high of $106,493 last night.

According to Forbes, Trump is exploring a bold plan to create a Strategic Bitcoin Reserve. This could be a game-changer for the U.S. economy.

The crypto market today has been vibrant, with optimism among investors and traders, who helped Bitcoin shoot up to its new all-time high at $106k. Despite the numbers settling with time, the market cap of the industry is still up 0.03% at $3.64 trillion. Successively, the trading volumes rose by 33.07%, tallying to $172.75 billion.

On Monday, China's CSI 300 and Hang Seng indexes dropped, while Bitcoin surged by 3.

The price of Bitcoin jumped to a new all-time high (ATH) of $106,488.25 on Dec. 15 after an almost weeklong consolidation. Breaking the silence on this historic move, Bitcoin critic Peter Schiff said the price probably moved before MicroStrategy made a new purchase.

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization is gaining significant attention from institutions and crypto whales. Semler Scientific's $21.5 Million BTC Acquisition On December 16, 2024, Semler Scientific, a company that provides medical technology for early chronic disease detection acquired 211 BTC worth $21.

It wouldn't be a Monday if MicroStrategy didn't announce a big purchase.

As the market gears up for more volatility ahead, which altcoins should you be adding to your portfolio?

Semler Scientific increases Bitcoin holdings with a $21.5M investment, now owning 2,084 BTC.

Bitcoin‘s (CRYPTO: BTC) recent surge to an unprecedented $106,000 has led to a notable rise in Bitcoin-based ETFs. This upward movement has positively impacted several ETFs, although Bitcoin has since slightly decreased to $104,008.20.

Bitcoin (CRYPTO: BTC) has briefly crossed the $106,000 threshold during the Asian trading session before falling back below $104,000 before the New York open. Market observers expect Bitcoin to continue to push up but are divided on how long the rally can last.

Microstrategy's $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin's rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin's growing prominence as a transformative financial asset took center stage as Microstrategy Inc.

MicroStrategy's latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion.

MicroStrategy expands its Bitcoin holdings with a $1.5B acquisition at $100,386 per BTC.

Bitcoin soared past its $106K ATH late last night, tracking from a 50% price spike since the US election outcome due to Donald Trump's crypto advocacy. Its upswing also follows anticipation of the Federal Reserve's (Fed) upcoming interest rate changes, possibly a 25-basis-point cut during the Federal Open Market Committee (FOMC) meeting on December 18.

Bitcoin (BTC) has achieved a significant milestone today, surging above the $106,000 mark during early Asian trading hours. As the coin's price breaks new records, the BTC-to-gold ratio has also reached a new peak.

Bitcoin has reached a monumental milestone in its network's performance, as its hash rate surpassed the 800 exahash per second (EH/s) mark, a new all-time high. As of December 14, 2024, the network's computing power peaked at 805 EH/s, a significant jump from just a year ago.

The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.

Grayscale's Bitcoin Trust (GBTC) has faced significant outflows of $21 billion, attributed to high management fees and competitive pressure from lower-cost rivals.

MicroStrategy has bolstered its Bitcoin holdings with an additional acquisition of 15,350 BTC, investing approximately $1.5 billion. The purchase, completed between December 9 and December 15, 2024, reflects an average price of $100,386 per Bitcoin, including fees.

Over the years, JPMorgan (NYSE: JPM) CEO Jamie Dimon has maintained a dismissive stance regarding Bitcoin's (BTC) potential, with his concerns mostly centered on the asset's ability to be leveraged in illicit activities.

Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.

MicroStrategy has purchased another 15,350 BTC for approximately $1.5 billion at an average price of $100.386 per bitcoin.

A user, “Anchor Drops” on X, had his wallet drained of 10 BTC and $1.5 million worth of NFTs through phishing attacks. Read on to get the details of this information.

Bitcoin's rising wedge and bearish RSI divergence hint at a potential pullback. Will key support at $93,756 hold, or is a deeper correction on the horizon before the next rally?

MicroStrategy has announced another Bitcoin purchase, which they made for $1.5 billion. This comes just days after the software company's inclusion into the Nasdaq-100, while the purchase marks their sixth in as many weeks.

Microstrategy, a Nasdaq-100 listed firm has acquired 15,350 BTC Bitcoins for approximately $1.5 billion billion at an average price of $100,386 per BTC. With the recent acquisition, the firm holds 439,000 $BTC , purchased for $27.1 billion at an average of $61,725 per bitcoin, achieving YTD yields of 46.4% QTD and 72.4% YTD.

MicroStrategy's Nasdaq-100 inclusion may enhance its financial flexibility, supporting its aggressive Bitcoin acquisition strategy. The post MicroStrategy acquires 15,350 BTC ahead of Nasdaq-100 listing appeared first on Crypto Briefing.

Business intelligence firm MicroStrategy has announced a $1.54 billion Bitcoin purchase, extending its weekly streak.

Will likely US national BTC reserve push the cryptocurrency to $230K per coin?

Google's Quantum Breakthrough: What It Means for AI, Bitcoin, and the Future. Quantum can be good and bad for crypto, AI, and bitcoin.

Bitcoin price today trades at on after hitting a daily high of today after a % move on . Will BTC continue its ascent to set up new highs?

The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.

FASB has officially initiated fair value accounting rules for Bitcoin. This aims to encourage Bitcoin adoption as a reserve asset.

Bitget, a prominent global cryptocurrency exchange, has received a Bitcoin Service Provider (BSP) license in El Salvador, positioning the platform to offer a range of Bitcoin services to its customers.

Bitcoin is trading slightly below the $104k level at the time of writing. Bitcoin is on a strong upward move, moving towards much higher targets above $110k. The price has been steadily rising, with shallow pullbacks, which is typical of previous cycles. The push higher suggests we could soon reach higher targets.

Bitcoin surprised the community with a sudden 3.58% move towards $106,533. However some analysts were definite about this move due to Moving Average 20 playing big. This has caused people to talk about the Christmas rally. There are a number factors behind this momentum.

MicroStrategy Inc. (MSTR.O), a leading software company and prominent Bitcoin holder, is set to join the Nasdaq 100 on December 23. The inclusion in the $25.7 trillion index, which tracks the largest non-financial companies, reflects its growing relevance in the tech and cryptocurrency sectors. As of now, MicroStrategy holds approximately $4.

Digital asset investment products recorded a significant surge over the past week, with investors pouring another $3.2 billion into the market. In its weekly fund flows report, digital asset manager CoinShares says the global crypto exchange-traded products market reached $44.

Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services.

Key Points:

Bitcoin briefly crossed $106,000 overnight after it was announced on Friday that the Nasdaq 100 index will be adding MicroStrategy.

The Bitcoin-to-gold ratio, a key metric measuring Bitcoin's purchasing power, has reached a new ATH as Bitcoin's price surges to record-breaking levels. The post Bitcoin Tops $106K, Outpaces Gold with All-Time High Purchasing Power appeared first on Cryptonews.