The price of Bitcoin, the leading cryptocurrency by market capitalization, has slipped to an intraday low of $93,054.

TL;DR Avalon Labs raised $10 million in a Series A funding round aimed at expanding its Bitcoin-based DeFi ecosystem and its USDa stablecoin. The platform allows users to use Bitcoin as collateral to obtain USDa, with a fixed loan rate of 8%.

The year 2024 was a landmark year for crypto, with the approval of the Bitcoin spot ETFs in the U.S. and the subsequent introduction of Ethereum ETFs, as well as several cryptocurrencies, including Bitcoin, reaching new record highs.

Bitcoin's value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a combined $271.22 million in crypto positions—both short and long—have been cleared out. Bitcoin Slides Into the Red—South Korea's Premium Returns The leading digital asset, bitcoin (BTC), has dropped 2.1% against the U.S. dollar as of Dec.

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

MicroStrategy, the business intelligence firm whose appetite for Bitcoin (BTC) remains insatiable, recently bought more BTC. The purchase, which cost the firm approximately $561 million for 5,262 BTC, was made at an average price of $106,662 per BTC.

MicroStrategy is in the news again, with the company's latest Bitcoin (BTC) purchase worth over half a billion dollars. With this latest purchase, the company now holds a whopping 444,262 BTC, which they have accumulated at a total cost of approximately $28 billion, with an average purchase price of $62,257 per BTC.

Bitcoin faces bearish pressures as technical, macroeconomic, and on-chain indicators point to further downside. Key support levels at $89,000, $77,792, and $60,501 could stabilize prices amid tightening global money supply.

MicroStrategy Inc. (NASDAQ:MSTR) has further increased its holdings by purchasing 5,262 Bitcoin (CRYPTO: BTC) at an average price of $106,662, totaling approximately $561 million. What Happened: This acquisition brings MicroStrategy's total Bitcoin holdings to 444,262 BTC, with an average cost of $62,257 and a total cost of approximately $27.7 billion as of Dec. 22, 2024.

Bybit has released its 17th proof of reserves report, revealing notable shifts in user asset holdings as of December 12, 2024. The snapshot shows a difference between Bitcoin and other major assets, with BTC holdings declining 8.55% to 50,412 BTC since the November 13 report.

Deck the halls with some sound advice about getting into cryptocurrency.

MicroStrategy unveiled a Bitcoin purchase for the seventh consecutive week, topping off its corporate coffers alongside its Nasdaq-100 debut.

Metaplanet acquired 619.7 Bitcoin for $60 million, becoming the 12th-largest corporate Bitcoin holder, using debt financing for expansion.

In the latest development, Bitcoin proxy MicroStrategy has officially debuted on the Nasdaq-100. Data from NASDAQ revealed that Palantir PLTR and Axon Enterprise AXON joined the Nasdaq 100 alongside MicroStrategy. They replaced Illumina (ILMN), Super Micro (SMCI), and Moderna (MRNA), with the reconstituted index set to begin trading on Dec. 23.

MicroStrategy extended its weekly Bitcoin buying spree for the seventh time, solidifying its position as the crypto's largest corporate holder with almost $45 billion.

The long-defunct Mt. Gox exchange moved $49.3 million worth of Bitcoin earlier today.

Bitcoin (BTC) continues to grapple with sustaining its position above crucial support levels following a weakened weekly close. As the holiday period approaches, BTC struggles are within the mid-$90,000 zone, with a bearish momentum dominating the current price action.

Bloomberg's chief commodity strategist Mike McGlone has taken to his account on the X social media network to reveal to the crypto community why the Bitcoin price has reversed and gone down way below not only its recent $108,268 all-time high but dropped even lower and is trading below $94,000 at the moment.

Bitcoin traders are offering more and more bearish short-term BTC price targets as the return of Wall Street fails to offer relief.

BitcoinOS CEO Edan Yago explains how bringing DeFi and scaling to the Bitcoin ecosystem will allow it to regain its spirit of innovation.

Bitcoin's recent 15% correction in the third week of December marked its largest weekly drop since August 2024. Experts are attributing this sharp decline to global macroeconomic factors, particularly the tightening of global liquidity.

Matador Technologies Inc. (TSXV: MATA) has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. The post Canadian Firm Matador Adds Bitcoin to its Balance Sheet appeared first on Cryptonews.

The Bitcoin market continues to see a lot of noise, but at this point in time, it looks like we are trying to sort out whether or not we are going to be able to build the inertia needed to break above $100,000 again.

Bitcoin News: A recent report from The Kobeissi Letter hints at a potential BTC crash to $20,000 in the coming few weeks. The report cited Bitcoin's relation with the global monetary supply, saying that if the crypto continues to move in tandem, it could witness a massive dip ahead.

TL;DR MicroStrategy acquired 5,262 BTC for $561 million, consolidating its total reserves at 444,262 BTC, with an accumulated value of $27.7 billion. Institutions, governments, and funds now control 31% of all BTC in circulation, demonstrating MicroStrategy's impact on corporate adoption of BTC.

Tokyo-based investment firm Metaplanet Inc. announced on Monday it has purchased an additional 619.7 Bitcoin, spending approximately $58.9 million at current market rates.

Today's announcement coincides with MicroStrategy joining the Nasdaq 100 index, which could attract the interest of exchange-traded funds.

MicroStrategy has stunned the crypto world again by purchasing 5,262 BTC for $516 million, bringing its total to a record 444,262 BTC. The companys aggressive Bitcoin strategy continues to shape its Nasdaq-100 milestone today.

Investment advisers, the gatekeepers to retail and high-net-worth capital, are seen overtaking hedge fund managers in owning BTC and ETH ETFs next year.

Metaplanet acquires 620 BTC for $60.6 million, boosting its total holdings to 1,762 BTC. The company issued zero-interest bonds to fund its latest purchase.

MicroStrategy (MSTR) is on a tear, blowing past nearly every other stock in the U.S. with a 480% surge this year, thanks to one relentless strategy: buying Bitcoin like there's no tomorrow. The company has turned its balance sheet into a fortress of digital gold, and the results are clear.

Donald Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth"

El Salvador continues to showcase its unwavering commitment to Bitcoin, doubling down on its cryptocurrency strategy despite stringent restrictions imposed by the International Monetary Fund (IMF). On 19 December 2024, the country purchased an additional 11 Bitcoin (BTC), valued at over $1 million, pushing its total reserves to nearly 6,000 BTC.

Everyone's heard “Not your keys, not your coins.” Unchained head of research Joe Burnett explains how investors can protect their Bitcoin.

MicroStrategy's Nasdaq-100 inclusion may boost ETF demand, indirectly increasing Bitcoin exposure for investors and impacting market dynamics. The post Bitcoin proxy MicroStrategy debuts on Nasdaq-100 appeared first on Crypto Briefing.

MicroStrategy slowed down Bitcoin buying last week, reporting the smallest BTC buy since July 2024.

MicroStrategy slowed down Bitcoin buying last week, reporting the smallest BTC buy since July 2024.

Bitcoin might be the most popular and valuable cryptocurrency, but for numerous small investors, its high price may prevent them from earning potentially high significant returns. However, there is no reason to worry.

MicroStrategy has made headlines again by purchasing 5,262 BTC for approximately $561 million at an average price of $106,662 per BTC. The company now holds a staggering 444,262 BTC, accumulated at a total cost of approximately $27.7 billion, with an average purchase price of $62,257 per BTC.

Bitcoin was expected to be the headline-grabber in the financial world with its price surging throughout the year. While the leading cryptocurrency did indeed witness a significant increase, it wasn't the best-performing commodity of the year.

In the ever-dynamic cryptocurrency market, Bitcoin is currently making headlines again, this time for topping above $107,000.

MicroStrategy increased its Bitcoin holdings to 444 BTC, valued at $42.7 billion.

The crypto market today witnessed a minor pullback over the previous day. As a result, the market cap of the industry took a blow of 0.95% to $3.32 trillion. The trading volume too saw a modest fall of 2.05% to $152.63 billion.

Matador Technologies, the firm that focuses on digitizing real-world assets like gold, announced to buying of $4.5 million worth of BTC over the next few days. According to the new announcement, the firm's Board of Directors has nodded to add Bitcoin and USD-denominated assets into its corporate treasure.

MSTR recently joined the Nasdsaq 100.

Amid ongoing market uncertainty, the defunct crypto exchange Mt. Gox has captured everyone's attention after transferring a million dollars worth of Bitcoin (BTC). Today, December 23, 2024, blockchain-based intelligence firm Arkham posted on X (formerly Twitter) that Mt. Gox has moved a substantial $49.3 million worth of BTC. Mt. Gox Moves $49.