TL;DR MicroStrategy buys an additional 15,350 BTC for $1.5 billion, bringing its total holdings to 439,000 Bitcoin. The company's total investment in BTC reaches $27.1 billion. The company has positioned itself as one of the largest institutional holders of Bitcoin. MicroStrategy has acquired 15,350 BTC for an approximate value of $1.
With bitcoin dancing well above the $100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing back to life.
Bitcoin markets diverge from altcoins to continue the quest for BTC price discovery.
2024's digital asset inflows have hit an all-time high a it climbed above $44 billion - more than four times higher than previous years.
MicroStrategy which will soon join the Nasdaq 100, just announced its sixth straight weekly Bitcoin buy. Here's the latest.
Major Bitcoin miner Riot Platforms added $69 million worth of the world's leading cryptocurrency to its holdings.
Bitcoin growing status as “digital gold” challenges traditional gold as a store. MicroStrategy's Nasdaq 100 inclusion boosts Bitcoin's institutional adoption and sentiment.
In a latest development, Riot platform has yet again made a BTC purchase, as the company disclosed that with the additional proceeds from it's upsized $594 million, 0.75% coupon convertible bond issue, the Company has acquired 667 BTC at an average price of $101,135 per BTC.
The Bitcoin market shot higher again in the early hours of Monday, as the market continues to see a lot of momentum. However, that momentum has been facing headwinds for a while, and as a result, it looks a bit tired.
The founder of venture capital firm Pomp Investments says that mounting US national debt is helping push Bitcoin (BTC) to new heights.
Ripple (XRP) price has shown significant movement recently, with a notable surge in November propelling it to its highest levels since 2018. Now the fourth-largest cryptocurrency by market cap, XRP is within 3% of overtaking Tether for the third spot.
As chill winds blow outside, the crypto market is heating up. With 2024 nearing a close, the cryptocurrency market is abuzz with talk of a ‘Santa Rally,' spurred in large part by two pivotal developments.
The price of Bitcoin has hit a new milestone, surging above $105,000, spurred by recent changes in accounting rules and the possibility of a strategic Bitcoin reserve, as suggested by President-elect Donald Trump. These developments signal a new era for Bitcoin as a financial asset, with businesses and governments likely to adopt it more widely.
Bitcoin surged to a fresh all-time high before slightly declining as the market anticipated a Federal Reserve interest rate drop later this week.
Bitget sees El Salvador as a progressive market with significant potential to drive crypto innovation across Latin America.
Despite the broad-based consolidation of the crypto market last week, XRP has seen significant interest from institutional investors. According to the latest report from CoinShares, XRP saw a $145.8 million inflow from corporate buyers in the trailing seven-day period.
MicroStrategy has acquired another $1.5 billion worth of Bitcoin to add to its massive haul hodled since 2020. On December 16, the artificial intelligence-powered cloud analytics company announced it has purchased 15,350 BTC.
MicroStrategy has done it again. Between December 9 and December 15, 2024, the company purchased 15,350 bitcoins for $1.5 billion in cash.
The cryptocurrency market remains mainly red, according to CoinStats.
While Bitcoin is currently testing the $106k level, another token is taking the spotlight: Ripple's XRP. According to Google Trends, search interest for Ripple has reached an all-time high of 100 recently, besting the previous peak achieved in 2017.
While Bitcoin surges, Dogecoin falters, leading to questions about its future and ATH prospects.
MicroStrategy, a business intelligence firm and major corporate holder of Bitcoin, has purchased an additional 15,350 BTC for approximately $1.5 billion, paying an average of $100,386 per coin.
As more and more people look to the digital asset investment products field, Cardano (ADA) made a name for itself in last week's inflows, standing out from the crowd in a very competitive landscape. According to CoinShares, funds flowing into digital asset ETFs reached $3.23 billion, marking its 10th consecutive week of growth.
Crypto inflows experienced a record-breaking surge last week, reaching a remarkable $3.85 billion. The positive flows to digital asset investment products surpassed the previous record set just weeks ago.
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.
XRP, the cryptocurrency associated with Ripple Labs, has recently caught the attention of both experts and investors as it experiences significant outflows, signaling a potential buying opportunity. While the token has been consolidating in a range, recent developments suggest that XRP might be gearing up for a price rally, fueled by growing institutional interest and positive on-chain metrics.
‘Bitcoin development company‘ MicroStrategy (NASDAQ:MSTR) on Monday announced it has acquired an additional 15,350 Bitcoin (CRYPTO: BTC) for approximately $1.5 billion at an average price of $100,386 per coin. The purchases took place between Dec. 9 and Dec. 15, according to the company's SEC 8-K filing.
On-chain sources have reported a substantial XRP transfer in recent hours; according to blockchain data tracker Whale Alert, 800 million XRP, valued at nearly $1.93 billion, were transferred from Binance to an unknown wallet.
XRP's latest pullback forms a classic bullish continuation structure, with a profit target above $15.
Michael Saylor-led MicroStrategy has increased its total Bitcoin holdings to 439,000, strengthening its position as the top corporate BTC holder.
Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio.
Semler Scientific, Inc. (SMLR), a company offering technology solutions for chronic diseases, announced updates regarding its crypto acquiring activity by confirming buying $21.5 million worth of Bitcoin. The company also updated its capital markets strategy and overall KPIs.
Solana has continued to grow, clinching new milestones per daily net capital inflow as measured by the Artemis protocol.
After marking new highs, the Bitcoin price has begun to consolidate, suggesting a minimum participation of bulls. With this, the altcoins that were trying hard to keep up the bullish trend have scrambled back under bearish influence.
MicroStrategy joins Nasdaq-100 as a bitcoin proxy, boosting shares 3%. The move brings ETF inflows and spotlights its $44B BTC holdings.
While XRP price action has been fairly choppy since its 500% rally peak, one analyst believes it is just the beginning, setting sights on a $1 Trillion market cap. The post Trader Predicts $1 Trillion XRP Market Cap – Is a 500% Surge Just the Beginning? appeared first on Cryptonews.
Cardano's price has been following Bitcoin over the past few weeks but is yet to create a new record high. Yet, it might do so soon if it is able to take out this one significant obstacle.
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.
After facing rejection at the critical $4K resistance and retracing to the $3.5K support level, Ethereum witnessed a strong resurgence of buying pressure, triggering another impulsive rally. The price has once again approached the $4K resistance, where a potential breakout could ignite a short-squeeze, driving Ethereum higher.
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.
Solana has risen by 0.5% in the past 24 hours, as a new report finds that its network is the most popular among new crypto developers. The post Report Suggests New Developers Prefer Solana – Can This Push SOL to $500? appeared first on Cryptonews.
On Monday, China's CSI 300 and Hang Seng indexes dropped, while Bitcoin surged by 3.
We have a warning about the upcoming launch of Ripple's stablecoin - RLUSD. The company's CTO, David Schwartz, recently alerted of potential volatility surrounding the product.
Ethereum price holds steady amid heightened investor interest ETH/USD has held steady above the previously strong resistance zone of $3,750 for close to a week; trading close to the 9-month high it hit earlier in the month.
TL;DR Ripple CTO David Schwartz has issued a cautionary note ahead of the RLUSD stablecoin launch, warning of potential supply shortages and price volatility despite its 1:1 parity with the US dollar.