Day: November 18, 2024

MicroStrategy’s $26 billion in Bitcoin Exceeds Nike and IBM cash

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MicroStrategy recorded $26 billion in Bitcoin after its price surged to $90.000 last week. The number are surpassing cash owned by big companies including Nike and IBM. Bitcoin, the biggest cryptocurrency in the world, price increasing up to 11% to $90.000 last week. Making MicroStrategy’s Bitcoin, one of the biggest companies that hold Bitcoin, valued up to $26 billion. MicroStrategy executive chairman Michael Saylor, on his X post-Nov. 17, claimed that their Bitcoin value exceeds Nike Inc. and International Business Machine (IBM) Corp cash holdings. In comparison, MicroStrategy’s Bitcoin is…

JPMorgan’s Bitcoin (BTC) Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars

As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot ETFs and crypto stocks surged, JPMorgan’s retail sentiment score rose to a record high of 4. The measure is designed to gauge the sentiment of retail investors toward cryptocurrencies, especially bitcoin, based on the activity in the family of BTC products, including spot ETFs. Source CryptoX Portal

Catzilla’s 700% journey could mirror Dogecoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Catzilla, a new crypto token, soars 700%, drawing comparisons to Dogecoin and sparking buzz as the next big sensation. An unexpected contender in the crypto world is making waves. Catzilla, a new digital token, has soared by 700%. This impressive surge raises questions about its potential to follow a path similar to Dogecoin’s. Could this feline-inspired cryptocurrency be the next big sensation? The journey of Catzilla might just be…

Dogecoin (DOGE) Eyes $0.50 Again: Is a New Rally on the Horizon?

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Dogecoin is consolidating gains above the $0.320 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.400. DOGE price started a consolidating like Bitcoin and stayed above the $0.320 resistance level. The price is trading near the $0.3750 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.3670 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.400 and $0.4150 resistance…

Dormant No More: 2012 Bitcoin Wallet Moves $35.7M, Linked to Last Month’s Whale Transfers

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On Sunday, Nov. 17, at block height 870,770, a long-inactive bitcoin wallet—created on June 5, 2012—sprang to life, moving 400 BTC valued at $35.7 million. The individual behind the transaction might be the same entity that transferred bitcoin acquired in 2011 and 2012 just last month. 2012 Legacy Wallet Moves $35.7M, 200 Bitcoin to Bitstamp, […] Original

BTC hits $90K, but these 5 cryptos promise 8,000% gains by 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin hits record highs, but emerging cryptos promise up to 8,000% growth by 2025, redefining investment opportunities. Bitcoin has reached unprecedented highs, capturing global attention like never before. Yet, while its surge is notable, some emerging cryptocurrencies offer prospects for much greater returns. With potential growth soaring up to 8,000% by 2025, these four digital assets could redefine investment opportunities. This article explores these cryptos that might outpace the…

XRP Price Eyes $1.25 and Beyond: Can the Rally Continue?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…