Day: November 25, 2024

Timestamp launches crowdfunding platform for Bitcoin startups

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Timestamp, a regulated investment platform based in Austin, Texas, has officially launched with the goal of connecting Bitcoin-focused startups with investors worldwide. The platform leverages crowdfunding to make investing in Bitcoin-related companies accessible to a broader audience, including those without accreditation, according to a press release from the company.  Bitcoin (BTC) decentralized nature and limited supply continue to attract interest from both individual and institutional investors.  Timestamp’s platform builds on this growing interest, enabling everyday investors to support innovative Bitcoin-focused startups. Dr. Arman Meguerian, CEO of Timestamp, highlighted the platform’s…

Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC

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Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler Scientific (Nasdaq: SMLR) purchased 297 bitcoins for $29.1 million, averaging $97,995 per bitcoin, including fees. […] Original

Bitcoin Attempt To Dip Below $96K ‘Led To Nothing’ – Analyst Expects $100K Soon

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Este artículo también está disponible en español. Bitcoin has been on a remarkable upward trajectory, pushing above the $96,000 mark for several days after consolidating below the psychological $100,000 level. As the leading cryptocurrency, Bitcoin has consistently broken all-time highs over the past three weeks, with yesterday marking a milestone weekly close at $98,000—the highest in its history.  Related Reading CryptoQuant analyst Axel Adler shared an insightful analysis on X, emphasizing that Bitcoin’s recent attempt to dip below $95,000 met with significant resistance, reinforcing the strength of current support levels.…

Microstrategy Drops $5.4B on 55,500 Bitcoins, Cementing Giant 386,700 BTC Hoard

Microstrategy shatters records, acquiring 55,500 more BTC for $5.4 billion, pushing its massive holdings to 386,700 BTC in an unprecedented crypto dominance move. 386,700 BTC Milestone: Microstrategy Secures 55,500 More Bitcoins for $5.4 Billion Software intelligence powerhouse Microstrategy Inc. (Nasdaq: MSTR) has once again doubled down on its bullish bitcoin strategy, announcing yet another acquisition […] Source CryptoX Portal

Toncoin (TON) Rebounds Above $6: Is A Sustainable Rally In Sight?

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Toncoin (TON) has surged past the $6 mark, rekindling hopes for a sustained bullish rally. After facing a challenging period of bearish pressure, this recovery has sparked curiosity among investors and traders alike. The key question is whether the bulls have what it takes to maintain this momentum and push TON higher. As Toncoin navigates a pivotal moment, this article aims to explore its breakout above the $6 level, delving into the forces behind the move and evaluating its potential to sustain its strength. By analyzing key technical indicators and…

Semler Scientific put another $30m in Bitcoin, boosts ATM offering to $100m

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Semler Scientific expanded its Bitcoin treasury with nearly a $30 million purchase, while reporting a 58.4% BTC yield since adopting its crypto strategy. Healthcare tech company Semler Scientific boosted its Bitcoin (BTC) holdings, acquiring 297 BTC for $29.1 million between Nov. 18 and Nov. 22 at an average price of $97,995 per BTC, according to a Nov. 25 press release. As a result of the company’s latest transactions, its total crypto holdings now stand at 1,570 BTC, acquired at an aggregate cost of $117.8 million and an average purchase price…

ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle

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Este artículo también está disponible en español. Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin’s established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year. Keeping this in mind, technical analysis suggests that the Ethereum price still has a long way to go in this cycle, especially if the Bitcoin price starts to undergo a major correction. Understanding ETH/BTC’s 8-Year Cycle Technical analysis of the ETH/BTC…

Cloud Mining Company Bitfufu Joins the FTSE Global Micro Cap Index

Singapore-based cloud mining service Bitfufu (NASDAQ: FUFU) has officially been included in the FTSE Global Micro Cap Index. This milestone not only highlights the company’s growth trajectory but also showcases the rising prominence of bitcoin miners in the global equity markets. Joining the ranks of notable bitcoin miners like Bitfarms, Core Scientific, Cipher Mining, and […] Source CryptoX Portal