MicroStrategy continues its aggressive Bitcoin acquisition strategy, adding 2,138 BTC for $209 million. The move boosts its 2024 cryptocurrency yield to 74%, marking a significant milestone for the business intelligence firm.

In a latest develoment, as per data from Arkham Intelligence, the stable coin issuer Tether, has sent 7,629 BTC worth approximately $700 million to its bitcoin reserve address from Bitfinex's hot wallet about an hour ago at 14:00 UTC. TETHER ADDS ANOTHER $700M BITCOIN TO RESERVESSOURCE: ARKHAM pic.twitter.

Christian Lindner urges the ECB and Bundesbank to add Bitcoin to reserves. Germany joins Hong Kong, Poland, and Japan in exploring Bitcoin reserves.

The price of XRP, the Ripple-affiliated cryptocurrency token, reached an intraday low of $1.99 on the Binance exchange earlier today.

TL;DR BlackRock's IBIT reached $50 billion in assets in just 11 months, breaking records in the financial industry and setting a new benchmark for ETFs globally. Its unprecedented growth helped Bitcoin surpass the $100,000 mark, attracting institutional investors and reshaping the perception of digital currencies.

Bitcoin (BTC) is down to its lowest levels of December, dropping under $92,000, and many crypto enthusiasts are trying to figure out why. Chris Burniske, a former ARK Invest crypto lead and current partner at Placeholder VC, has shared his thoughts as he is looking at the bigger picture, not just the crypto world.

TL;DR MicroStrategy increased its Bitcoin reserve to 446,400 BTC with a purchase of 2,138 BTC valued at $209 million. The company requested SEC approval to issue new shares and raise capital for future Bitcoin acquisitions.

While the entire cryptocurrency segment is in the middle of a modest correction, the meme cryptocurrency segment has taken a hit. Its daily performance looks even weaker compared to the market benchmark, but ambitious newcomers bring some optimism.

In a latest development, Genius Group Limited a leading AI-powered, Bitcoin-first education group, today announced an additional $10 million purchase for its Bitcoin Treasury, bringing its total holdings to 319.4 Bitcoin, valued at $30 million, with an average purchase price of $93,919 per Bitcoin.

Ripple's XRP displays recovery signals after significant declines, down 7% lower on the weekly chart. According to Coinmarketcap, the token's trading volume exploded by 122% to $5.45 billion within the past 24 hours. That signals increased trader activity and boosted liquidity, confirming a potential comeback after recent struggles.

Solana (SOL) price has faced significant challenges recently, dropping 21% over the last 30 days. Despite this decline, SOL remains the 6th largest cryptocurrency in the market, with a market capitalization of approximately $90.8 billion.

Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin (BTC) traded near the $91,000 level on Monday, Dec.

With 7,629 BTC worth $705.25 million, Tether Bitcoin reserves have been increased to 82,983 BTC, valued at $7.68 billion.

MicroStrategy is at it again, like clockwork, even as market correction deepens. The company just dropped $209 million to scoop up 2,138 more Bitcoins.

Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million.

Hong Kong lawmakers are pushing for Bitcoins inclusion in national reserves, emphasizing its ability to stabilize financial systems, attract investments, and position the region as a leader in digital asset integration, following Chinas substantial Bitcoin holdings. Hong Kong Lawmaker Proposes Bitcoin for National Reserves A lawmaker in Hong Kong has proposed that the special administrative region use Bitcoin as part of the national reserve for financial security, capitalizing on Chinas one country, two systems concept, Cointelegraph reports.

XRP, the fourth largest cryptocurrency, has created a "death cross" on its short-term charts, a bearish technical indication that has sparked market interest. This event coincides with a broader market sell-off, creating concerns about XRP's short-term price trend.

Bitcoin, currently dancing between $91,721 and $92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $1.81 trillion, with a trading volume of $45.45 billion and an intraday price swing from $91,315 to $94,562.

Primarily endorsed by Bitcoin proponents, GOP politicians, and Trump, here's how a Strategic Bitcoin Reserve could actually appeal to progressives.

Despite not hitting an all-time high, Ethereum has gained momentum with developments like ETFs and the Dencun upgrade in 2024.

The crypto market is experiencing a period of uncertainty marked by macroeconomic fluctuations. Nevertheless, Ripple (XRP) stands out with relative stability.

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and the rest of the cryptocurrency industry are set for a transformative 2025, according to research from Galaxy Research. What Happened: In a thread on X on Dec. 27, Galaxy Research forecasts notable advances in adoption, infrastructure and regulatory clarity, as well as specific advancements for different assets.

The firm, which has been generating record profits, has been trying to diversify its holdings and reinvest in emerging sectors.

TL;DR According to Ki Young Ju, CEO of CryptoQuant, Bitcoin has reached a value of over $1.03 trillion stored in wallets and exchanges, establishing itself as a powerful store of value. The Bitcoin store of value metric has increased by 85% this year, reflecting the growing interest and trust of investors in the cryptocurrency.

Data shared by the public blockchain tracking platform Whale Alert has revealed that just recently anonymous transactions that carried hundreds of millions of DOGE have been detected. Some crypto enthusiasts in the comments believe that a massive cryptocurrency dump is taking place.

Solana (SOL) continues in an impressive growth, attracting significant capital and users' interest as 2024 ends and 2025 approaches. This week, for example, the Solana ecosystem had nearly half-a-billion dollar in stablecoins' inflow, while the Ethereum ecosystem lost millions.

Solana achieved peak stablecoin inflows as of December 30. The chain is second behind Base for the past three months, and is among the top 5 chains to receive stablecoins in 2024.

Bitcoin (BTC), the largest cryptocurrency, fails to address its major decentralization threats: zero client diversity, poor "social layer" narrative, exodus of Bitcoin Core devs and lack of censorship-resistance. Meanwhile, Ethereum (ETH) managed to accomplished a battle-tested level of decentralization, investor and advisor Anthony Sassano says.

Despite experiencing an admirable run to the upside starting at the beginning of November, XRP's momentum has shifted — and the digital asset is now seeing prices making significant moves to the downside.

Considering the ongoing cycle is still in the bull phase, confidence in Ethereum about an impending significant rally to unprecedented levels has emerged within the community. ETH may have faced heightened volatility over the past few weeks, but crypto analysts contend that the altcoin's next major upswing might be on the horizon.

The chief executive of market intelligence platform CryptoQuant is warning investors that the US government's motivations for creating a Bitcoin (BTC) standard may be different from what they expect.

Nasdaq-listed business intelligence firm MicroStrategy has announced it acquired an additional 2,138 bitcoin for around $209 million, at an average price of $97.837 BTC as the company keeps accumulating the cryptocurrency.

MicroStrategy invested $209 million to acquire an additional 2,138 BTC, bringing its total holdings to 446,400 BTC, valued at $27.9 billion.

Solana (SOL), a cryptocurrency that has gained significant attention in the past year, recently hit new highs before experiencing a retracement of 18.18% over the last month. Despite this pullback, the cryptocurrency has shown some signs of recovery, with a 7.09% increase in the past week and a 5.42% rise in the last 24 hours.

The crypto community carefully watches the blockchain space for large transactions, which reflect the current whale activity. According to Whale Alert, a blockchain sleuth that tracks down large cryptocurrency transfers, earlier today, a massive amount of Bitcoin was transferred by cryptocurrency whales.

BTC dumped below $92,000 for the first time since the end of November.

MicroStrategy Inc (NASDAQ:MSTR) extends its Bitcoin (CRYPTO: BTC) acquisition strategy, announcing on Monday its latest purchase of 2,138 BTC for approximately $209 million to bring the company's total holdings to 446,400 BTC. What Happened: MicroStrategy's Executive Chairman Michael Saylor announced the acquisition on X, having purchased the Bitcoin at an average price of $97,837 per coin.

Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend.

Bitcoin rebounds to $92,294, facing key resistance at $94,000. Will bullish indicators drive a breakout, or could $93,400 spark further declines? The post Bitcoin on the Brink of a Major Rebound – These Key Levels Could Decide Its Fate appeared first on Cryptonews.

Bitcoin and Ethereum share a complex relationship, but right now, one is clearly gaining the upper hand.

Sellers continue their pressure on the first day of the week, according to CoinStats.

MicroStrategy also reported strong Bitcoin yield and announced plans to increase share authorization to facilitate future Bitcoin purchases. The post MicroStrategy Continues Bitcoin Buying Spree, Acquires 2,138 BTC appeared first on Cryptonews.

Ethereum's (ETH) historical returns show that the next few days are important, and it's primed to kickstart a massive uptrend. This outlook, combined with the massively bullish Cup-and-Handle setup, hints Ethereum price could hit $10,000 soon.

Tether (USDT), the leading stablecoin in the cryptocurrency market, has experienced a dramatic reduction in its circulating supply, dropping by over $1.3 billion within ten days. This sharp contraction has generated concerns about the impact on Bitcoin liquidity and broader market dynamics, especially during a period marked by regulatory scrutiny and economic uncertainties.

Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.

TL;DR On January 1, 2025, Ripple will release 1 billion XRP tokens, which could increase selling pressure and create volatility in the price. The U.S. Federal Reserve has lowered its expectations for rate cuts, creating uncertainty and affecting risk assets like XRP.

In the early hours of Monday trading, it looks like Bitcoin is going to end up being a little bit negative, and as a result it looks like the market is going to continue to see a lot of questions asked about whether or not momentum can continue, or whether

Bitcoin is stagnant, investors are softly dozing. But beware: Trump in January could very well add some spice to this lukewarm crypto soup.