Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), has revealed the company’s latest bitcoin coup: a strategic acquisition of 6,556 BTC for $555.8 million. The purchase translates to a crisp $84,785 per coin, further cementing the firm’s position as a titan in corporate crypto holdings. On Monday, Saylor highlighted an impressive milestone—the business intelligence (BI) […] Original
Key Notes Metaplanet buys 330 BTC for $28.2M, raising total to 4,855 BTC. Now Asia’s largest and world’s 10th-largest public BTC holder. Aims to reach 21,000 BTC by 2026 despite market uncertainty. A notable Japanese investment firm, Metaplanet, announced through its CEO, Simon Gerovich, that it has acquired an additional 330 Bitcoin. This brings the firm’s total holdings to 4,855 BTC. Gerovich shared on X that Metaplanet purchased the 330 BTC for approximately $28.2 million. Based on the April update from the CEO, Metaplanet currently holds 4,855 BTC, acquired for…
Bitcoin has traded between $86,678 and $87,105 over the last hour, flashing strong bullish momentum on April 21. It is trading in a wide intraday range between $84,037.68 and $87,765. With a market cap of $1.73 trillion and 24-hour volume at $24.51 billion, signs point to a confident rally, but short-term consolidation remains on the […] Original
Key Notes The largest cryptocurrency, Bitcoin, jumped above $87,000, renewing digital gold comparisons. Solana gains over 5%, boosted by Canada ETF buzz. XRP and Cardano rally as alternative cryptocurrency momentum builds. The current Bitcoin BTC $86 994 24h volatility: 3.4% Market cap: $1.73 T Vol. 24h: $25.16 B price outlook has renewed conversations around its role as a store of value. It has revived the comparisons of the largest cryptocurrency as digital gold. Current market data shows that this new sentiment has a ripple effect across the broader digital asset…
Bitcoin’s latest sharp rebound past $87,000 isn’t just another long-weekend rally, analysts say, as early signs point to renewed safe-haven interest. Bitcoin’s (BTC) holiday rebound may be more than just a short rally, according to analysts at QCP Capital, who say institutional investors are starting to return. In an analytical research report on Monday, the analysts say they’re already seeing “early signs of institutional confidence returning,” adding that spot Bitcoin exchange-traded funds flows turned positive last week with net inflows of $13.4 million, after the previous week’s $708 million in…
Gold surges to more than $3,390 on April 21 as more investors flock to safe-haven assets amidst economic uncertainty. A boost in gold could signal a similar pattern in crypto, specifically Bitcoin. According to the latest data from Trading Economics, gold has hit a new all-time high amidst global economic volatility. On April 21, gold went up 2%, reaching well above the $3,390 threshold and hitting as high as $3,395 around 7:30 UTC. Analysts predict that the rise in performance could be due to rising global trade tensions and a…
Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves. A new macro week dawns in the shadow of the US trade war, with Federal Reserve speakers lining up to take to the stage. Gold is shattering all-time highs yet again, but this time, Bitcoin is starting to react in kind. US dollar weakness exhibits historic traits as three-year lows…
Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855 Bitcoin worth $414 million, according to an April 21 post from Simon Gerovich, the CEO of Metaplanet. The firm’s Bitcoin yield surpassed 119% year-to-date after its latest investment. Source: Simon Gerovich Metaplanet issued 2 billion Japanese yen ($13.3 million) of bonds to buy more Bitcoin on March 31, Cryptox reported. Related:…
Nearly three years after Vitalik Buterin mocked his Stock-to-Flow model, anonymous analyst PlanB hit back, calling Ethereum a “centralized premined shitcoin.” PlanB, the anonymous analyst behind Bitcoin’s (BTC) Stock-to-Flow model, took aim at Ethereum (ETH) in a post on X, saying the project is looking worse than ever and arguing that centralized, premined coins like ETH— with proof-of-stake instead of proof-of-work and a flexible supply schedule — are harmful to the space and deserve to be mocked. Ethereum is really not looking good now I know it’s impolite to gloat…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price spiked to $87,400 on April 21, its highest level since March 29. The intraday rally added more than $3,000 to the asset in less than 24…