Tag: Bitcoin

OCC is ‘preparing’ for listing of spot Bitcoin ETF options

boss

The U.S Options Clearing Corporation has announced that it is “preparing” for the listing of options on spot Bitcoin exchange-traded funds On Nov. 18, OCC posted an update acknowledging advisory from the Commodities Futures Trading Commission regarding approval of Bitcoin (BTC) ETF options. This follows the U.S. Securities and Exchange Commission’s approval of options on BlackRock’s iShares Bitcoin Trust on September 20, 2024, and another nod from the Commodities Futures Trading Commission. As crypto.news reported, the CFTC’s Division of Clearing and Risk provided guidance on clearing of options for spot…

Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

PRESS RELEASE. São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the trust and stability of Brazilian fiat currency with the utility and ease of tokenization. […] Source CryptoX Portal

Bitcoin on Exchanges Hits Lowest Level Since November 2018

boss

The decrease of bitcoin’s supply on exchanges could lead to higher price volatility, market maturity, and increased influence from institutional investors. Bitcoin Investors Are Not Selling Anytime Soon Bitcoin has seen a significant decline in its supply on cryptocurrency exchanges, reaching its lowest level since November 2018. This trend indicates that investors are increasingly opting […] Original

Bitcoin Forms Bullish Pennant That Shows Surge To $113,000 Is Coming, Here’s How

boss

Este artículo también está disponible en español. Crypto analyst Trader Tardigrade has revealed a bullish pattern that has formed on the Bitcoin chart. Based on this, the analyst explained how the Bitcoin price could rally to as high as $113,000.  Bitcoin Bullish Pennant Could Send Price To $113,000 In an X post, Trader Tardigrade mentioned a bullish pennant that had formed on the Bitcoin chart. The analyst remarked that the BTC price is still preparing for the next pump with this bullish pattern. A bullish pennant indicates the continuation of…

MicroStrategy Makes Record $4.6 Billion Bitcoin Purchase, Largest Yet

boss

Business intelligence firm MicroStrategy has ramped up its Bitcoin (BTC) investment following President-elect Donald Trump’s victory in the presidential election. This pivotal moment on November 5 has provided a catalyst for the broader crypto market, further encouraging investment in digital assets. Bitcoin Holdings To Over $29 Billion Led by Bitcoin advocate Michael Saylor, MicroStrategy disclosed on Monday that it has acquired approximately 51,780 Bitcoin for around $4.6 billion. This acquisition marks the largest purchase by the company since it began its Bitcoin buying strategy more than four years ago.  According…

Semler Scientific buys 215 more Bitcoin, raises $21.5m in equity offering

Semler Scientific, a healthcare-focused medical equipment company, has updated investors on its Bitcoin holdings. It now owns $114 million worth of Bitcoin. Between Nov. 6 and Nov. 15, Semler acquired 215 Bitcoin for $17.7 million, averaging $82,502 per Bitcoin. The company now holds 1,273 Bitcoins, purchased at a total cost of $88.7 million, with an average price of $69,682 per Bitcoin, according to a press release. As of the time of writing, Bitcoin (BTC) is trading at $90,400.  In May, Semler announced its first purchase under its new reserve strategy,…

MARA Plans $700 Million Convertible Notes Offering to Fund Bitcoin Purchase

boss

MARA Holdings, Inc., a Nasdaq-listed bitcoin mining firm, has announced plans for a $700 million private offering of convertible senior notes due in 2030. MARA Holdings Proposes $700 Million Convertible Notes Offering MARA Holdings (Nasdaq: MARA) disclosed on Nov. 18 that the proposed offering is intended for qualified institutional buyers under Rule 144A of the […] Original

Microstrategy Buys 51,780 Bitcoin, Raising Holdings to 331,200 BTC as Saylor Prepares for $100K Party

boss

Microstrategy’s massive $4.6 billion bitcoin buy pushes its holdings to 331,200 BTC, fueling bold predictions of $100K soon and a bull case of $49 million. Microstrategy Secures 51,780 BTC, Pushing Bitcoin Treasury Beyond $16 Billion Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) filed a report with the U.S. Securities and Exchange Commission (SEC) on Monday, […] Original

MicroStrategy added $4.6b in Bitcoin to holdings

boss

Software developer MicroStrategy has continued Michael Saylor’s aggressive Bitcoin buying strategy, increasing its holdings to over 331,200 BTC. According to disclosure documents, MicroStrategy’s latest Bitcoin (BTC) purchase amounted to $4.6 billion, doubling its previous acquisition disclosed last week. The company acquired 51,780 BTC at an average price of $88,627 per coin, as confirmed by executive chairman and founder Michael Saylor. MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC…