Bitcoin’s price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On the 1-hour chart, bitcoin shows a sharp drop from $98,200 to $94,712, followed by a moderate recovery. A spike in sell volume during the decline […] Original
Genius Group Limited, an education and AI firm based in Singapore, has expanded its Bitcoin-focused strategy by acquiring an additional $1.8 million worth of Bitcoin. This acquisition brings the company’s total holdings to 172 Bitcoin (BTC), valued at $15.8 million, with an average purchase price of $92,006 per Bitcoin, according to a company press release. The move follows Genius Group’s earlier commitment to allocate at least 90% of its reserves to Bitcoin, aiming for an initial treasury target of $120 million. The firm, which integrates AI solutions into education, views…
Michael Saylor announced a significant Bitcoin purchase by MicroStrategy shortly after pitching the cryptocurrency to Microsoft. On Dec. 2, Saylor revealed that MicroStrategy had acquired15,400 Bitcoin (BTC) for $1.5 billion, with an average purchase price of $95,976 per coin. The acquisition increased MicroStrategy’s Bitcoin holdings to approximately 402,100 BTC, valued at over $38 billion as of press time, with Bitcoin trading around $95,194. 24-hour BTC price chart – Dec. 2 | Source: crypto.news MicroStrategy has spent $23.4 billion on Bitcoin acquisitions at an average cost of $58,263 per coin. The…
Este artículo también está disponible en español. Cardano (ADA) has seen significant volatility in recent weeks, capturing the attention of investors and analysts alike. After reaching a local high of $1.15 on November 23, the price retraced significantly and recently failed to reclaim this key level. The inability to break above $1.15 has raised questions about whether ADA’s bullish momentum can sustain its recent uptrend. Related Reading Top analyst and investor Ali Martinez has weighed in, highlighting the potential for a 20% correction if Cardano loses critical demand zones. His…
Microstrategy’s $1.5 billion bitcoin buy boosts its holdings to 402,100 BTC, as the company eyes aggressive expansion via a $42 billion plan. $1.5B Bitcoin Buy Propels Microstrategy’s Stash to 402,100 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) disclosed significant updates in a filing with the U.S. Securities and Exchange Commission (SEC) on Monday, revealing […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Fundstrat’s Tom Lee sees more upside in store for one of the leading trades on the heels of President-elect Donald Trump’s victory. “I’m still confident bitcoin is going to close much higher before year-end — well above $100,000 before year-end,” he told CNBC ” Squawk Box ” on Monday. “It’s just a matter of time.” The comments from the widely followed strategist come following a monster rally in cryptocurrencies after Trump’s win over Vice President Kamala Harris, as investors bet the new administration will usher in a period of more…
Este artículo también está disponible en español. A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% increase to reach $150 by 2025. Ultra-bullish predictions are common in the crypto market, but this one is exceptionally optimistic for Fantom. The technical analysis, which dates back to the crypto’s price action in late 2020, bases the ultra-bullish prediction on historical price trends and technical patterns forming on the Fantom price chart. Anatomy Of FTM’s 18,000% Move The analyst’s prediction begins by highlighting Fantom’s significant…
Monthly trading volume in November for three Hong Kong Bitcoin spot ETFs surged to $154 million in November, setting a new record-high on the Hong Kong Stock Exchange. According to data from the Hong Kong Stock Exchange, the total monthly trading volume for three Bitcoin spot ETFs in Hong Kong has reached around HKD 1.2 billion in November or equal to $154 million, setting a new monthly trading volume record. The three main Hong Kong Bitcoin(BTC) spot ETFs contributing towards this record-high streak are ChinaAMC Bitcoin ETF, Bosera Hashkey Bitcoin…
Metaplanet is set to distribute Bitcoin to shareholders through a lottery system, aimed at incentivizing participation in its new initiative with SBI VC Trade. Tokyo-listed firm Metaplanet has unveiled a new shareholder benefit program, offering Bitcoin (BTC) rewards through a lottery system as part of its collaboration with SBI VC Trade, a subsidiary of SBI Holdings. In an X post on Dec. 2, the Japanese investment firm said the initiative aims to enhance shareholder value by “providing Bitcoin-related benefits,” reflecting the firm’s commitment to “leveraging strategic partnerships” in the crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins like Cutoshi, Shiba Inu, and Brett are trading at undervalued levels, presenting high-growth opportunities this crypto season as they aim to replicate Dogecoin’s success. Many cryptocurrencies, especially meme coins, are trading at undervalued prices despite the bull market. These meme coins can generate large profits in this crypto season as they show high growth potential. The top three meme coins, Shiba Inu, Brett, and Cutoshi, are trading…