Bitcoin (CRYPTO: BTC) has briefly crossed the $106,000 threshold during the Asian trading session before falling back below $104,000 before the New York open. Market observers expect Bitcoin to continue to push up but are divided on how long the rally can last.

Microstrategy's $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin's rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin's growing prominence as a transformative financial asset took center stage as Microstrategy Inc.

MicroStrategy's latest Bitcoin purchase brings its total BTC holdings to 439,000 BTC, bought at the aggregate purchase price of $27.1 billion.

MicroStrategy expands its Bitcoin holdings with a $1.5B acquisition at $100,386 per BTC.

Bitcoin soared past its $106K ATH late last night, tracking from a 50% price spike since the US election outcome due to Donald Trump's crypto advocacy. Its upswing also follows anticipation of the Federal Reserve's (Fed) upcoming interest rate changes, possibly a 25-basis-point cut during the Federal Open Market Committee (FOMC) meeting on December 18.

Bitcoin (BTC) has achieved a significant milestone today, surging above the $106,000 mark during early Asian trading hours. As the coin's price breaks new records, the BTC-to-gold ratio has also reached a new peak.

Bitcoin has reached a monumental milestone in its network's performance, as its hash rate surpassed the 800 exahash per second (EH/s) mark, a new all-time high. As of December 14, 2024, the network's computing power peaked at 805 EH/s, a significant jump from just a year ago.

The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.

MicroStrategy has bolstered its Bitcoin holdings with an additional acquisition of 15,350 BTC, investing approximately $1.5 billion. The purchase, completed between December 9 and December 15, 2024, reflects an average price of $100,386 per Bitcoin, including fees.

Over the years, JPMorgan (NYSE: JPM) CEO Jamie Dimon has maintained a dismissive stance regarding Bitcoin's (BTC) potential, with his concerns mostly centered on the asset's ability to be leveraged in illicit activities.

Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.

MicroStrategy has purchased another 15,350 BTC for approximately $1.5 billion at an average price of $100.386 per bitcoin.

A user, “Anchor Drops” on X, had his wallet drained of 10 BTC and $1.5 million worth of NFTs through phishing attacks. Read on to get the details of this information.

Bitcoin's rising wedge and bearish RSI divergence hint at a potential pullback. Will key support at $93,756 hold, or is a deeper correction on the horizon before the next rally?

Microstrategy, a Nasdaq-100 listed firm has acquired 15,350 BTC Bitcoins for approximately $1.5 billion billion at an average price of $100,386 per BTC. With the recent acquisition, the firm holds 439,000 $BTC , purchased for $27.1 billion at an average of $61,725 per bitcoin, achieving YTD yields of 46.4% QTD and 72.4% YTD.

Business intelligence firm MicroStrategy has announced a $1.54 billion Bitcoin purchase, extending its weekly streak.

Will likely US national BTC reserve push the cryptocurrency to $230K per coin?

Google's Quantum Breakthrough: What It Means for AI, Bitcoin, and the Future. Quantum can be good and bad for crypto, AI, and bitcoin.

Bitcoin price today trades at on after hitting a daily high of today after a % move on . Will BTC continue its ascent to set up new highs?

The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.

FASB has officially initiated fair value accounting rules for Bitcoin. This aims to encourage Bitcoin adoption as a reserve asset.

Bitget, a prominent global cryptocurrency exchange, has received a Bitcoin Service Provider (BSP) license in El Salvador, positioning the platform to offer a range of Bitcoin services to its customers.

Bitcoin is trading slightly below the $104k level at the time of writing. Bitcoin is on a strong upward move, moving towards much higher targets above $110k. The price has been steadily rising, with shallow pullbacks, which is typical of previous cycles. The push higher suggests we could soon reach higher targets.

Bitcoin surprised the community with a sudden 3.58% move towards $106,533. However some analysts were definite about this move due to Moving Average 20 playing big. This has caused people to talk about the Christmas rally. There are a number factors behind this momentum.

MicroStrategy Inc. (MSTR.O), a leading software company and prominent Bitcoin holder, is set to join the Nasdaq 100 on December 23. The inclusion in the $25.7 trillion index, which tracks the largest non-financial companies, reflects its growing relevance in the tech and cryptocurrency sectors. As of now, MicroStrategy holds approximately $4.

Digital asset investment products recorded a significant surge over the past week, with investors pouring another $3.2 billion into the market. In its weekly fund flows report, digital asset manager CoinShares says the global crypto exchange-traded products market reached $44.

Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services.

Key Points:

Bitcoin briefly crossed $106,000 overnight after it was announced on Friday that the Nasdaq 100 index will be adding MicroStrategy.

The Bitcoin-to-gold ratio, a key metric measuring Bitcoin's purchasing power, has reached a new ATH as Bitcoin's price surges to record-breaking levels. The post Bitcoin Tops $106K, Outpaces Gold with All-Time High Purchasing Power appeared first on Cryptonews.

MicroStrategy has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC.

Former Binance CEO Changpeng ‘CZ' Zhao creates a thread on X, showcasing news headlines that point to governments establishing strategic Bitcoin reserves, much like the plans introduced in the U.S.

The cryptocurrency market is gearing up for an exciting 2025, with Bitcoin (BTC) leading the charge and altcoins set to follow in its wake. After hitting a new high above $106,000 recently, Bitcoin continues to show strength, signaling the possibility of further growth into the new year.

The Federal Reserve has been warned its "biggest nightmare" could come true in 2025

The cryptocurrency market is reaping the rewards of a long-awaited bull run — one that kicked off in early November following the re-election of Donald Trump to the presidency.

Satoshi Action Fund CEO and co-founder Dennis Porter on Sunday revealed that President elect Donald Trump is exploring the possibility of issuing an executive order to create a Strategic Bitcoin Reserve (SBR). The move would mark a significant shift in U.S. economic policy, positioning Bitcoin (CRYPTO: BTC) as a core national asset.

Bitcoin ($BTC) may have topped for now at a price of $$106,500. As the king of the cryptocurrencies starts to run out of steam, the altcoins are beginning to feel the effects of this new wind change.

Donald Trump's re-election has quickly proven a major bullish catalyst for Bitcoin (BTC) as the world's premier cryptocurrency rallied 50.23% between November 5 and press time on December 16.

TL;DR Hyperliquid is growing significantly amid increased fund inflows into Bitcoin (BTC) and Ethereum (ETH) within the DeFi sector. The recent surge in BTC and ETH prices has led to notable fund inflows into DeFi protocols, with Hyperliquid becoming a major hub for value locked, reaching a TVL of $3.19 billion.

The cryptocurrency market has recently been shaken by a major news: a massive influx of 148 billion dollars in stablecoins. This situation raises crucial questions for Bitcoin (BTC) investors and could have significant implications for the future of the world's most famous cryptocurrency.

Bitcoin (BTC) has recently seen an impressive price surge, reaching new highs as its market cap surpassed $2 trillion. However, a major shift in the cryptocurrency market could be brewing as $148 billion in stablecoin inflows have flooded exchanges in recent months.

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Bitcoin reaches a record high due to President-elect Donald Trump's support for digital assets and optimism about Trump's proposal for a national Bitcoin stockpile. China's retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market, highlighting the urgency for Beijing to further encourage residents to spend.

El Salvador's unrealized profits on its Bitcoin investment briefly surpassed $360 million after BTC reached a new high above $106,000 earlier today. The country's president, Nayib Bukele, shared a screenshot of its portfolio, showing that its investment has already doubled in value.

As the end of 2024 nears, BTC price trend gains momentum. Crossing new resistances and preparing for a massive breakout run, Bitcoin targets a dominant rally in the six-digit price realm.

With a new all-time high, Bitcoin is once again the talk of the crypto world. In the rough history of the alpha cryptocurrency, breaking through the key $106,000 mark on December 16, 2024, was a big moment.

Over 94,000 crypto traders lost $320 million in liquidations as Bitcoin defies bearish expectations.

Shares of were higher Monday after Nasdaq.