Investors are betting on a Republican win, anticipating favorable regulatory shifts for the crypto market.

Key Points:

A massive Ethereum initial coin offering (ICO) participant that received an astounding 254,908 ETH during the cryptocurrency's launch for a total cost of $79,000, has recently sold 3,000 ETH worth around $7.64 million.

Microsoft Corp. (NASDAQ:MSFT), with a market capitalization of over $3 trillion, disclosed it will vote for an assessment of investing in Bitcoin (CRYPTO: BTC) during the upcoming shareholders meeting in December. What happened: In a Thursday filing with the SEC, the technology giant listed a line item “Assessment of Investing in Bitcoin” for a vote in the annual meeting on Dec. 10.

You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.

Ether could slump in the coming days, as this participant's previous ETH sale triggered a decline in the asset's price.

Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level.

Microsoft is gearing up for a major vote at its shareholder meeting on December 10, with a fresh proposal on the table—whether or not the company should officially assess investing in Bitcoin. This comes after a recent SEC filing revealed the proposal, sparking interest in the corporate world's ongoing dance with cryptocurrencies.

Base, a Layer 2 blockchain initiative spearheaded by Coinbase, has set a new record by accumulating an impressive 623,130 ETH in its bridge smart contract. This figure signifies not only a substantial increase in the amount of ETH held but also highlights the growing confidence in Base as a pivotal player within the Ethereum ecosystem.

Metaplanet Inc., a Japan-based investment firm, is stepping up its Bitcoin game by introducing a new key performance indicator (KPI) called “BTC Yield” to measure the success of its Bitcoin acquisition strategy.

BTC whales' have increased as they expand their holdings towards the 4 million mark.

Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone.

Bitcoin recent decline has led to a slight pushback in investor confidence and increased anticipation within the crypto community, with many now craving a rally back above $70,000 more than before. Amid this, a new analysis suggests that although the Bitcoin market could be on the brink of a major breakout, it hinges on a major indicator that concerns new investors.

Bitcoin's future value remains a hot topic, with Finder's latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by 2030.

The Ethereum FUD fires are burning hotter than ever as Ether has fallen against Bitcoin and Solana while developers are fighting the flames.

In a bold move, Denmark is introducing a 42% tax on unrealized crypto gains, affecting Bitcoin and other digital assets acquired since 2009. This new rule aims to bring cryptocurrency taxation in line with traditional investments like stocks and bonds.

Microsoft recommends shareholders vote against assessing Bitcoin investments, citing management's thorough evaluation.

The Pennsylvania House of Representatives passed the Bitcoin Rights bill with strong bipartisan support.

Bitcoins price remained stable on Thursday, trading at $67,437.9 as market participants grappled with uncertainties surrounding the upcoming presidential election and relatively high U.S. interest rates. This atmosphere of risk aversion has contributed to subdued crypto trading volumes, reflecting broader hesitance among traders.

Nearly $20 million in cryptocurrencies has been reportedly drained out of U.S. government-linked wallets holding funds seized from the Bitfinex cryptocurrency exchange hack. What Happened: About $14 million in the Aave USDC (AUSDC) stablecoin, $5.

Potential reversal zone- $52530. BTCUSD consolidating in a narrow range between $69363 and $65000 for the past four days.

Recent reports show that a participant from Ethereums initial coin offering (ICO) has sold 3,000 ETH for approximately $7.64 million. This sale is part of a larger trend where early investors are cashing out some of their holdings.

Microsoft shareholders are preparing for a high-stakes vote on December 10, where they will decide whether Bitcoin should be evaluated as part of the companys corporate investment strategy. This bold proposal faces opposition from Microsofts board due to Bitcoins volatility risks.

The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions.

Here's what the historical pattern of an on-chain indicator suggests regarding whether the time to accumulate Bitcoin is over or not. Bitcoin 150-Day MA aSOPR Currently Has A Value Of 1.01 As pointed out by an analyst in a CryptoQuant Quicktake post, the 150-day moving average (MA) of the Bitcoin aSOPR has a value of just 1.01 right now.

Bitcoin continues to navigate its volatile landscape, the question on many investors' minds is whether the cryptocurrency will surge towards $84,000 or experience a downturn towards $65,000. Recently, Bitcoin found crucial support at $66,800, marking a significant moment for the crypto community.

Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin's pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” they noted.

Bitcoin (BTC) price has gained 6% over the last 30 days. However, the current trend strength, as indicated by the ADX, shows signs of weakening.

Bitcoin's dominance has surged past 57%, reaching its highest level since March 2021. This significant uptick illustrates a trend of growing market concentration in Bitcoin, while Ethereum's market share has plummeted to 13.5%, marking the lowest level since before the Ethereum Merge in September 2022.

Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency's futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline.

Solana is displaying remarkable potential for recovery, and it appears that the asset may be approaching $200. The asset is currently trading comfortably above $170 after strong upward momentum was sparked by the breakthrough at $160 earlier this month.

Cycles rhyme but do not repeat. In the 2017-18 bull run, the weekly MACD bullish crossover saw a 617% return, but it could be much lesser this time.

The MicroStrategy chair is still facing criticism despite repentance.

Arkham Intelligence reported that Tesla transferred its entire stash of 11,509 Bitcoin (BTC) to new wallets. At the current market price, this amount is worth over $776 million.

The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company's annual meeting on Dec. 10, a filing shows.

Michael Saylor, the co-founder of MicroStrategy, has made headlines again, this time for his ambitious vision of leaving his substantial wealth to benefit humanity. In a recent interview with a New Zealand media outlet, Saylor discussed his plans to follow in the footsteps of Bitcoin's mysterious creator, Satoshi Nakamoto.

Microsoft's board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.

Microsoft's board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.

In a document filed with the US Securities and Exchange Commission (SEC), tech giant Microsoft revealed it's considering a proposal to invest in Bitcoin. Microsoft precisely disclosed that the “Assessment of Investing in Bitcoin” is currently proposed and will be voted on during the shareholder meeting on December 10.

Microsoft shareholders will vote in December on whether the company should invest in Bitcoin, according to an SEC filing on Thursday.

Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC.

Ethereum (ETH) price appears to be moving within a neutral range, as indicated by several market metrics. The current Net Unrealized Profit/Loss (NUPL) value signals that most investors are neither highly profitable nor experiencing heavy losses.

Microsoft shareholders are preparing to vote on a proposal to assess Bitcoin as a potential corporate investment. This proposal, submitted by a shareholder advisory board, calls for an in-depth evaluation of Bitcoin's role in Microsoft's treasury operations.

The total number of Bitcoin (BTC) whale entities has recently hit its highest level since January 2021, with data from on-chain analytics firm Glassnode showing there are 1,678 BTC whales.

Microsoft will consider investing in bitcoin at its next shareholder meeting, according to an SEC filing on Thursday.

The strategy resembles tactics seen in past crypto heists, casting doubt on recovery as the funds could soon be laundered through mixers.

Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant's upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing.