Bitcoin has been trading comfortably above the $100k mark ever since its all-time high push on December 16. While in retracement mode, the largest cryptocurrency by market cap has been priming HODLers for another run, this time trying to turn the $106k resistance level into support.
Bitcoin (BTC), the world's leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets.
As BTC hovers near its new all-time highs, the Bitcoin network hashrate has also seen record-breaking figures. The network's 7-day simple moving average hashrate recorded an all time high of 805 EH/s on December 15th.
Colivas and her con-conspirators not only kidnapped the prince but also stole thousands worth of luxury items from his home. The post Kidnapping Saudi Royal for Bitcoin Ransom: TikTok Star Avoids Jail appeared first on Cryptonews.
MicroStrategy, a business intelligence company and one of the largest corporate holders of Bitcoin (BTC), is continuing to stack BTC despite the cryptocurrency surging to new all-time high prices above $106,000. The post MicroStrategy Acquires 15,350 Bitcoin for $1.5B, Boosting Its Holdings to 439K BTC appeared first on Cryptonews.
MicroStrategy, the Michael Saylor-founded software firm and self-described “Bitcoin Development Company,” announced today that it had acquired even more Bitcoin, spending roughly $1.5 billion in cash.
Michael Saylor, the co-founder and Executive Chairman of MicroStrategy — a publicly-listed firm that holds more BTC in its treasury than any other company— has shared a bullish statement as the premier cryptocurrency recorded its new all-time high price.
Bitcoin (BTC), the largest cryptocurrency, hit another massive milestone in its splendid Q4, 2024, rally. Finally, its Energy Value metric hit $100,000.
The Bitcoin/gold ratio, a key indicator of the purchasing power of crypto against the precious metal, has reached an all-time high of 40 ounces of gold per BTC. This performance reflects the spectacular rise of BTC, which has surpassed the $106,000 mark today, December 16, consolidating its role as the "new digital gold.
Prominent financial analyst Luke Gromen sees Bitcoin (CRYPTO: BTC) or gold potentially serving as solutions to mounting economic challenges in the face of increasingly precarious sovereign debt situations. What Happened: In a recent episode of the ‘What Is Money' podcast with Robert Breedlove, Gromen pointed to the U.S.'s $36 trillion debt, warning of its long-term instability.
Bitcoin miner Riot Platforms acquired 667 BTC worth $67.5 million, bringing its total reserves to 17,429 BTC, now valued at $1.85 billion.
Since its launch, the Grayscale Bitcoin Trust has seen $21 billion in outflows, making it the only US spot Bitcoin ETF with negative net flows. The post Grayscale Faces $21 Billion Exodus as Spot Bitcoin ETFs Flourish appeared first on Cryptonews.
The bitcoin mining company acquired 667 bitcoin at an average price of $101,135 per BTC.
El Salvador's Central Reserve Bank has officially granted Bitget a Bitcoin Service Provider (BSP) license, according to a Dec. 16 statement shared with CryptoSlate. This move grants the exchange legal authorization to facilitate Bitcoin-related services in the country, including converting Bitcoin to fiat currencies, processing Bitcoin payments, and securely managing Bitcoin custody.
Trump's push for a U.S. Bitcoin reserve has ignited market optimism, sending Bitcoin prices to new highs.
Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5.
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.
MicroStrategy which will soon join the Nasdaq 100, just announced its sixth straight weekly Bitcoin buy. Here's the latest.
Bitcoin Suisse predicts Bitcoin could reach new all-time highs above $180,000 in 2025 due to improving macroeconomic conditions, growing adoption as a reserve asset, and increasing institutional investment. The post Bitcoin Suisse Predicts BTC Will Trade Above $180,000 in 2025 appeared first on Cryptonews.
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.
Riot Platforms, one of the well-known players in Bitcoin mining, has announced its significant expansion in cryptocurrency holdings by acquiring 667 BTC worth around $67.5 million. The company is a dedicated miner operating North America's largest mining facility.
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.
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.
"A US Bitcoin Strategic Reserve adds upside to Bitcoin as much as $500,000 in 2025," Fundstrat's Tom Lee said on Monday.
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.
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.
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.
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.
‘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.
Michael Saylor-led MicroStrategy has increased its total Bitcoin holdings to 439,000, strengthening its position as the top corporate BTC holder.
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.
MicroStrategy joins Nasdaq-100 as a bitcoin proxy, boosting shares 3%. The move brings ETF inflows and spotlights its $44B BTC holdings.
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.
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.
On Monday, China's CSI 300 and Hang Seng indexes dropped, while Bitcoin surged by 3.
The price of Bitcoin jumped to a new all-time high (ATH) of $106,488.25 on Dec. 15 after an almost weeklong consolidation. Breaking the silence on this historic move, Bitcoin critic Peter Schiff said the price probably moved before MicroStrategy made a new purchase.
Bitcoin (BTC), the world's largest cryptocurrency by market capitalization is gaining significant attention from institutions and crypto whales. Semler Scientific's $21.5 Million BTC Acquisition On December 16, 2024, Semler Scientific, a company that provides medical technology for early chronic disease detection acquired 211 BTC worth $21.