Digital asset investment products experienced their second-lowest weekly inflows in the past eight weeks, totaling $270 million, according to CoinShares‘ latest fund flow report. This brings the total year-to-date inflow to $37.3 billion.
MicroStrategy continues to buy Bitcoin: It now holds about $39 billion worth of BTC, just weeks after its stock price hit an all-time high.
Bitcoin prices surged from $68,000 to $99,000 during a month-long bull run in November. A total of $6.87B was received by spot Bitcoin ETFs, while $411 million was withdrawn.
MARA said that the proceeds will be used primarily to acquire Bitcoin and repurchase existing convertible notes due 2026.
Ethereum investment products registered $634 million worth of net inflows globally last week, led by the U.S. spot Ethereum ETFs.
MARA has proposed a further $700 million convertible senior note offering to buy more bitcoin and buy back some of its current notes.
A closely followed analyst says that deep-pocketed crypto investors have accumulated a massive stockpile of Ethereum (ETH) in just four days. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 92,300 followers that crypto whales have scooped up hundreds of thousands of ETH in less than one week.
An unusual BTC price reaction to MicroStrategy's latest confirmation of increased BTC exposure accompanies the week's first Wall Street open.
Bitcoin has recently seen a significant movement of funds, with over 55,000 BTC, valued at $5.34 billion, withdrawn from exchanges in just 72 hours. This substantial outflow has captured the attention of the crypto community and ignited speculation about Bitcoin's next major move.
Microsoft's BTC vote could push Bitcoin past $100K milestone. Shareholder exposure raises questions about necessity of BTC adoption.
Kiyosaki has long advocated for Bitcoin as a means to escape the effects of USD. Robert now has 73 BTC and aspires to reach 100 BTC, according to the most recent disclosure.
TL;DR MicroStrategy acquired 15,400 BTC for $1.5 billion, increasing its total holdings to 402,100 BTC, with an estimated value of over $38 billion. The purchase was funded through the sale of 3,728,507 shares, as part of a strategy to raise $42 billion and continue investing in Bitcoin. Michael Saylor supports this approach, highlighting a 63.
For weeks, XRP's price performance has been at the center of attention on the crypto market. Hitting $2.50 at the start of December and posting a staggering, almost 400%, gain since the U.S. election last month, the token has climbed into a dominant position.
Bitcoin's (BTC) potential push toward $100,000 might face further delays as the asset will likely encounter volatility later in the week driven by macroeconomic signals.
Bitcoin's price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On the 1-hour chart, bitcoin shows a sharp drop from $98,200 to $94,712, followed by a moderate recovery.
A new week has started with a neutral market mood, according to CoinMarketCap.
Metaplanet Bitcoin reward program provides a chance for shareholders to win Bitcoin prizes through a lottery. Shareholders who own at least 100 shares by December 31 will be eligible, with a total prize pool of 30 million yen. The program is part of Metaplanet's strategy to integrate Bitcoin into investment portfolios. The post Metaplanet to Offer Bitcoin in Its Shareholders Reward Program appeared first on Cryptonews.
As seen in the chart below, Bitcoin's dominance is suffering greatly, falling to 56.8%. Nevertheless, its market capitalization, which is still strong, does not reflect this decline.
The 'Rich Dad Poor Dad' author stirs up crypto buzz with a surprising post hinting at a bearish outlook for BTC.
Genius Group Limited, an education and AI firm based in Singapore, has expanded its Bitcoin-focused strategy by acquiring an additional $1.8 million worth of Bitcoin. This acquisition brings the company's total holdings to 172 Bitcoin (BTC), valued at $15.
TL;DR Minimum balances on exchanges: Long-term holders limit the flow of Bitcoin to the market, reducing liquidity and creating upward pressure on prices. Driving factors: Institutional demand, Bitcoin ETFs, and favorable policies such as those proposed by Donald Trump are reinforcing interest in BTC as a strategic asset.
With over $109M in Bitcoin holdings, Metaplanet leads Asia in corporate crypto reserves.
The Bitcoin market continues to see a lot of sideways action on Monday, as we are trying to do whatever we can to find a reason to break above the $100,000 level. At this point in time, the market has a lot of momentum to work off.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Hours after pitching Bitcoin to Microsoft, Michael Saylor announced a fresh BTC scoop executed by his software company, MicroStrategy.
Government participation in crypto hasn't always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms.
MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining.
Despite the ongoing price correction in Bitcoin (BTC), MicroStrategy (MSTR), the largest corporate BTC holder, has once again made a significant investment in BTC. Before the opening bell of the U.S. market, MicroStrategy's chair and founder, Michael Saylor announced on X (formerly Twitter) that the company had acquired an additional 15,400 BTC worth $1.5 billion.
SBI VC Trade, a subsidiary of Japan's financial powerhouse SBI Holdings, has revealed new collaborations with DMM Bitcoin and Metaplanet. SBI Holdings is a leader in internet banking in Japan and a global leader in blockchain technologies.
Metaplanet plans to distribute BTC worth 30 million yen to its shareholders. The reward program will be carried out in collaboration with SBI VC Trade.
MicroStrategy announced that it bought 15,400 Bitcoin for $1.5 billion between Nov. 25 and Dec. 1.
MicroStrategy co-founder and Executive Chairman Michael Saylor shared a detailed Bitcoin adoption strategy with Microsoft's board of directors, demonstrating during the three-minute, 44-slide pitch how the tech giant could create about $5 trillion in shareholder value by going all-in on the world's largest and oldest cryptocurrency.
TL;DR Japanese crypto exchange DMM Bitcoin is winding down operations after a $320 million hack compromised a wallet containing over 4,500 Bitcoin. The breach forced DMM Bitcoin to halt withdrawals, new account sign-ups, and trading activities, despite promises to protect customer deposits.
MicroStrategy's latest Bitcoin purchase brings its holdings to 402,100 BTC.
Bitcoin miner Marathon Digital has purchased $618 million worth of BTC with cash, the company said in an SEC filing.
Bitcoin Can Run Another 95% Over the Next 18 Months, According to 2 Wall Street Analysts (Hint: Not MicroStrategy's Michael Saylor)
The bitcoin miner also announced its November production update, mining 907 BTC and acquiring 6,474 BTC to reach total holdings of 34,959 BTC.
Leading Bitcoin miner MARA has once again caused a market frenzy, revealing plans to raise $700 million in an effort to accelerate its BTC buying plan. Notably, the firm revealed on Monday that it intends to offer a private offering worth $700 million in 0% convertible senior notes due 2031, primarily to qualified institutional buyers.
MARA Holdings plans to raise $805 million through convertible senior notes to expand its Bitcoin holdings and manage debt, with proceeds allocated for repurchasing existing notes and enhancing corporate strategies in the digital asset sector. The post MARA Holdings to Raise An Additional $805M for Bitcoin Purchases and Debt Repayment appeared first on Cryptonews.
MARA Holdings Inc (NASDAQ:MARA) has announced another private offering of $700 million of zero-coupon convertible senior notes due 2031 after completing a $1 billion offering of 0% convertible senior notes due 2030 in November. What Happened: The notes will be offered to qualified institutional buyers with 0% interest and no accretion of principal, as per the company's press release.
BTC came down hard on Monday morning but things could change soon, according to Binance's stablecoin reserves.
Microstrategy's $1.5 billion bitcoin buy boosts its holdings to 402,100 BTC, as the company eyes aggressive expansion via a $42 billion plan. $1.5B Bitcoin Buy Propels Microstrategy's Stash to 402,100 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) disclosed significant updates in a filing with the U.S.
This is a big deal for Bitcoin, as it could bring new possibilities to both. So, what is sBTC?
The company now holds more than 400,000 BTC.
MicroStrategy has purchased another 15,400 BTC for approximately $1.5 billion at an average price of $95,976 per bitcoin.
Virginia-based business intelligence firm MicroStrategy has started the month with yet another massive Bitcoin purchase.
Software company MicroStrategy announced another Bitcoin purchase, making it the fourth consecutive week that it has purchased the flagship crypto. Thanks to this development, the company now holds 402,100 BTC, which accounts for over 1.2% of BTC's total supply.
Discover the three key scenarios to watch this week for Bitcoin, Ethereum, and Ripple in the crypto market.