Day: November 11, 2024

Bitcoin price will hit $1M, but at what cost? — Michaël van de Poppe

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Bitcoin is officially back in a bull market and could potentially hit $1 million per coin in the next few years, according to trader and investor Michaël van de Poppe. However, the founder of MN Consultancy, MN Capital and MN Academy warned that a $1 million Bitcoin (BTC) price might come alongside a much broader debt crisis that could wreck the price of all assets in the short term. Van de Poppe sat down with Decentralize with Cointelegraph host Jonathan DeYoung at DKGcon 2024 in Amsterdam for an exclusive interview…

Microstrategy Buys 27,200 BTC for $2.03B, Expanding Holdings to 279,420 Bitcoin

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Microstrategy made a bold $2.03 billion move, adding 27,200 BTC to its holdings to cement its bitcoin dominance, part of an ambitious $42 billion digital asset growth plan. A Billion-Dollar Vision Unfolds as Microstrategy Acquires 27,200 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin, announced on Monday that it […] Original

MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B

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While some investors hold back from buying Bitcoin when it reaches new highs, MicroStrategy has doubled down, demonstrating a strong commitment to the cryptocurrency. In a Nov. 11 announcement, the business intelligence firm turned Bitcoin (BTC) investor said it bought 27,200 Bitcoin for about $2.03 billion in cash. MicroStrategy purchased the coins between Oct. 31 and Nov. 10, at an average price of $74,463 per BTC, including fees and expenses. With the latest purchase, the company now holds a total of 279,420 BTC, worth nearly $23 billion at current market…

Michael Saylor’s MicroStrategy Sitting on Nearly $11B Profits From Bitcoin Stash, Adds 27,200 to Its Warchest

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Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs

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Este artículo también está disponible en español. Ethereum has staged an impressive 35% rally since last Tuesday, marking a bullish breakout as it tests crucial supply levels for the first time since late July. Investor sentiment is increasingly optimistic, driven by a surge in Ethereum’s on-chain activity.  Key data from IntoTheBlock reveals that transaction volume on Ethereum’s mainnet has reached its highest levels since July, a bullish signal highlighting renewed interest and activity in the network. This surge in volume is often seen as confirmation of a breakout, aligning with…

Here’s what it means for Bitcoin

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Donald Trump’s 2024 proposals could reshape the crypto landscape, meanwhile CYBRO’s $4m presale offers investors a unique opportunity with 1200% ROI potential. Donald Trump’s latest proposals for his 2024 presidential campaign hint at sweeping changes in the cryptocurrency landscape. His vision could dramatically affect Bitcoin and alter the future of digital finance. This article delves into what these potential shifts might mean for investors, the crypto market, and the…

Bitcoin Hits $82K as Weekend Rally Extends

Bitcoin passed $80,000 for the first time on Sunday and topped $82,000 on Monday. BTC enjoyed an unusually busy weekend, rising over 4% amid trading volumes of almost $100 billion. Weekend pumps in the crypto market are seen as bullish indicators, given that professional traders and institutional investors are much less active. The positive sentiment extended into the new week, with BTC climbing as high as $82,394. Futures premiums on BTC-tracked products are soaring, indicating a bias for bullish bets. The popularity of the $80,000 call on Deribit points to…