Last day, MicroStrategy surprised many by making a massive BTC purchase of 55,500 BTC tokens – the highest it has ever made. This month alone, the company has amassed over 134,480 BTC tokens. With the latest purchase, the total BTC holding of MicroStrategy has increased to nearly 386,700 BTC tokens, worth at least $36,496,204,620.

After reaching a new all-time high of $99,600 last Friday, the Bitcoin price has retraced to the $94,000 mark for the first time in nearly a week. This pullback comes amid growing speculation about a possible correction following a massive three-week uptrend that saw the leading crypto surge by 40% after Donald Trump's election on November 5.

The idea of bitcoin as a medium of exchange was at the center of its creation, eliminating the need for third parties for transacting. Discussions on social media now recall how Andreas Antonopoulos, a big bitcoin proponent, used it to promote bitcoin back in the day.

Rumble, a video-sharing and cloud services platform, is making a big move into crypto with a Bitcoin treasury strategy. The company plans to use its cash reserves to buy Bitcoin as a store of value and a hedge against inflation.

Think you're too late to Bitcoin? You've still got time, according to prominent businessman and best-selling author of Rich Dad Poor Dad Robert Kiyosaki, who forecasts sizable gains still to come.

Such corrections are to be expected, said analysts.

Following Microstrategy's plan of hoarding Bitcoin many companies from different sectors are following suit by investing heavily into Bitcoin as a safe investment option. Recently, Rumble, a popular video-sharing and cloud services platform, is making a bold move by investing up to $20 million in Bitcoin.

Jason Calacanis, one of the best-known angel investors, recently questioned Saylor's strategy.

Public video-sharing platform Rumble said Monday it plans to allocate up to $20 million in Bitcoin for its crypto treasury. Rumble, a video-sharing and cloud services provider, said in a blog announcement on Nov.

Bitcoin has been trading within a tight range, a pattern that could play a key role in its next price move.

Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin's price fell below $93,000 amid a wave of long liquidations. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.

Key Points:

Video sharing platform Rumble has becomes the latest company to invest in the leading cryptocurrency Bitcoin. The post Rumble Announces $20M Bitcoin Investment as Part of Treasury Strategy appeared first on Cryptonews.

Monday's net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.

BTC traders purchase protective put options in response to Monday's 5% decline. The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.

Starting in December, Bitcoin holders will have the ability to stake their BTC through the Bitcoin layer-2 network Babylon.

Key Points:

Following its epic 45% rally into price discovery this month, Bitcoin has finally begun its correction, but how low will it go?

$3.4B in Bitcoin leveraged bets at risk as prices teeter above the $95K mark.

Sand, XLM, and Ether are leading social discussions among traders at the moment, according to data from analytics platform Santiment.

Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.

After facing multiple rejections at $100,000, Bitcoin price has cracked another 4% hitting an intraday low of $92,785 levels. This is the largest single-day drop for BTC following Donald Trump's victory in US elections.

Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”

Bitcoin briefly dipped below $93,000 on Monday, posting the longest losing streak since the beginning of the current rally as long term holders cash out profits. The post Bitcoin Dips as Long Term Holders Lock in Profits After $100K Rally Stalls appeared first on Cryptonews.

Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer.

XLM outperformed Bitcoin in November but indicator signals caution.

Bitcoin (BTC) price action continues to come under focus as analysts consider its correlation with the global M2 money supply.

The recent outflows from Bitcoin ETFs highlight market volatility and investor caution, potentially impacting future crypto investment strategies. The post Bitcoin ETFs end five-day inflow streak as Bitcoin dips below $93K appeared first on Crypto Briefing.

Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.

Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.

A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours. However, bitcoin tends to bounce back when short-term holders sell at a loss.

Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.

Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.

The UK government is urged to create a bitcoin reserve as Trump's pro-crypto policies drive global competition in the race for digital economic dominance.

President Nayib Bukele proposed a rent your volcano to mine Bitcoin initiative recently. El Salvador has extensively used its natural resources, particularly its 170 volcanoes.

When it comes to public companies, MicroStrategy still has the greatest Bitcoin ownership. The company's total Bitcoin holdings reached 386,700 after the latest purchase.

South Korea's Financial Services Commission (FSC) has decided against creating a national Bitcoin reserve, opting to wait before fully embracing the cryptocurrency. While Bitcoin's rise continues to capture global attention, South Korea is taking a more conservative approach, prioritizing stability and investor protection over swift innovation.

Bitcoin sent shockwaves to the market as it fell under $95,000 when it was above $98,000 just yesterday. It peaked at almost $99,500, but now it's dropped back to around $94,427.

Does this mean something bigger is brewing in the crypto world?

Following the recent bullish rally, cryptocurrency prices today are facing selling pressure, with market sentiment shifting towards cautiousness. Bitcoin (BTC) has dropped to the $93K level today.

Renowned economist Peter Schiff came hard at the U.S. government's endorsement of Bitcoin (CRYPTO: BTC), predicting potential economic consequences. What Happened: On Monday, Schiff took to X to express his concerns over the incoming Donald Trump administration's bet on the world's leading cryptocurrency.

Asset managers have weighed in on Trump's proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation's Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump's re-election.

Bitcoin price is correcting gains below the $96,500 resistance. BTC is now trading below $95,000 and might face hurdles near the $95,750 resistance.

Growing XRP-spot ETF applications highlight investor optimism despite SEC silence on plans to appeal rulings in the Ripple case.

Bitcoin (BTCUSD) is consolidating in a narrow range after hitting a fresh all-time high of $98,370, driven by positive sentiment, and is currently trading around $98,010. Standard Chartereds Price Prediction Analysts at Standard Chartered predict that Bitcoin could reach $125,000 by the end of 2024 and $20000 by end of 2025, fueled by strong market momentum and bullish sentiment.

Bitcoin has long been the leading force in the cryptocurrency market, but recent trends are showing signs that its dominance may be waning. According to renowned cryptocurrency analyst TechDev, this shift presents a major opportunity for altcoins to gain strength and potentially lead the market.

Popular video-sharing platform Rumble Inc. (NASDAQ:RUM) became the latest Wall Street player to embrace the Bitcoin (CRYPTO: BTC) treasury strategy amid the apex cryptocurrency's record-breaking run. What Happened: According to an announcement made Monday, Rumble's board approved a new strategy to allocate a portion of the company's surplus cash reserves to Bitcoin.