Michael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin
The firm bought over 12K bitcoin for $347 million in the last two months. Source
Read MoreThe firm bought over 12K bitcoin for $347 million in the last two months. Source
Read MoreMeanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CryptoX Co-Managing Editor
Read MoreBitcoin's (BTC) 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if Blackrock’s exchange-traded
Read MoreBitcoin (BTC), the world’s largest cryptocurrency by market value, rallied over the past 24 hours after various traditional finance firms announced moves into the crypto market, indicating bullish sentiment. eToro US investment analyst Callie Cox shared her crypto markets analysis. Plus, Lindsey Grossman, the business lead at Bitkey, Block's bitcoin
Read MoreThe Australian dollar, which is sensitive to the Chinese economy due to the strength of trade ties between the two countries, fell 0.7% against the U.S. dollar, and China's benchmark equity index, CSI, traded flat to negative. MSCI's broadest index of Asia-Pacific shares outside Japan fell more than 0.5% and
Read MoreBitcoin (BTC) recovered some lost ground on June 16 as markets shook off mixed United States macro signals.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBlackRock Bitcoin ETF plan buoys marketsData from Cryptox Markets Pro and TradingView showed BTC/USD circling $25,500 on Bitstamp, after bouncing around $1,000 from the previous day’s
Read MoreStill, indicator was pointing bullishly. A price pattern called "throwback" has emerged on bitcoin's daily chart that could recharge bulls' engines for a rally toward $37,000, according to Valkyrie Investments. In technical analysis, a throwback is a price drop to a former breakout level or resistance-turned-support. After a breakout, prices
Read MoreDuring the second investor day within a year, Fanatics delivered presentations explaining its future growth strategy to over 100 prospective institutional investors from big firms such as Barclays and Goldman Sachs. Fanatics, the world’s leading provider of licensed sports merchandise, recently conducted its second investor day within a year as
Read MoreShare Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid recent lawsuits by the Securities and Exchange Commission (SEC) against cryptocurrency exchanges Binance and Coinbase, the House Agriculture Committee convened a hearing to discuss the regulation of cryptocurrency spot markets. In the wake of lawsuits filed
Read MoreBitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewTrader awaits "pretty major move" for BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it entered the weekend at around $26,700.The
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