Tag: Bitcoin

Bitcoin (BTC) at $88K Catapults MicroStrategy (MSTR) Price to 24-Year Record High; Aptos, Near, Render Surge

MicroStrategy (MSTR), the Nasdaq-listed software company with the largest corporate bitcoin treasury, melted up 25%, closing the day at a new all-time high price of $340, overcoming its 24-year old record from the dotcom bubble era. The company announced on Monday that it acquired 27,200 BTC, bringing its total holdings to 279,420 bitcoin, worth about $24.5 billion at current price. Source

Bhutan’s Bitcoin holdings surpass $1b

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Bhutan, the Himalayan kingdom renowned for its happiness index, has seen its Bitcoin holdings surge to over $1 billion as the crypto market rallies. Arkham, in data shared via X on Nov. 11, revealed that the Royal Government of Bhutan’s total Bitcoin (BTC) holdings had surpassed the $1 billion mark. The blockchain intelligence and analytics platform’s post came as the flagship cryptocurrency soared amid massive bullish momentum. Bhutan’s foray into crypto isn’t new, with the South Asia country having invested millions of dollars in digital assets before. The country also…

Bitcoin Blazes Ahead, But Altcoins Steal the Show – Is ‘Altcoin Season’ Finally Here?

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While bitcoin has been climbing swiftly, a variety of alternative crypto assets have outpaced it, prompting speculation that altcoin season might be near. Speculation Swirls Around ‘Altcoin Season’ This week, bitcoin repeatedly shattered its own record highs, even reaching new peaks multiple times today. While bitcoin has shown significant value gains in U.S. dollars, some […] Original

Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details

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Este artículo también está disponible en español. Bitcoin has proven unstoppable, breaking all-time highs five times in six days and surging past the $82,000 mark. This latest milestone cements Bitcoin’s momentum as it pushes into uncharted territory, capturing the bulls’ attention and sparking new levels of optimism in the market.  According to recent data from CryptoQuant, the number of bullish investors is growing rapidly, yet there’s reason to believe Bitcoin’s rally is far from over. Related Reading CryptoQuant’s insights indicate that BTC remains significantly below its March 2024 peak in…

Bitcoin trader say BTC headed toward $125K by New Year’s Even based on ‘Bayesian probability’

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Bitcoin (BTC) price entered a strong price discovery phase for the first time since December 2020, after its weekly chart closed above $80,000. BTC’s bullish structure has transpired from a short-term to a long-term outlook, and multiple analysts believe that an assortment of six-figure price targets will be attained sooner than later. Bitcoin could reach $125,000 by New Year’s Eve Peter Brandt, a popular market analyst, highlighted that Bitcoin tends to repeat its bullish price action trends when it decides to “mark up.” The trader addressed BTC’s current move above…

Bitcoin soars to $76.8K, but analysts say these 5 altcoins will dominate the bull run

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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 experts eye five altcoins poised to outshine it in this bullish market. Bitcoin has soared to record-breaking levels, igniting excitement across the crypto community. However, industry experts are casting their gaze beyond the flagship cryptocurrency. They believe that five alternative digital assets are set to outshine Bitcoin in the current bullish market, capturing the attention of investors and potentially reshaping the crypto landscape. CYBRO…

Katie Stockton says bitcoin could be headed to $98,000 next after some short-term consolidation

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Market participants have been closely watching the so-called “Trump trades” on the back of the election. The cryptocurrency market is one that was strongly impacted by Trump’s victory last week, noting bitcoin subsequently gained about 23%. The charts are a great way to analyze cryptocurrencies like bitcoin given their deep global liquidity and pure supply/demand dynamics. The postelection rally in bitcoin has had a positive impact on the chart from a technical perspective, with a breakout to new all-time highs having been confirmed. The breakout resolves a seven-month long corrective…

Peter Brandt Sees ‘Major Buy Signal’ for Bitcoin — What Lies Ahead?

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Bitcoin’s “major buy signal” spotted by veteran trader Peter Brandt, predicting massive gains ahead for BTC. Bitcoin’s ‘Major Buy Signal’ Spotted — Peter Brandt Hints at Big Moves Ahead Veteran trader and chartist Peter Brandt has identified a “major buy signal” in bitcoin, predicting substantial potential gains. Sharing his insights on social media platform X […] Original

Bitcoin rockets to $85,000 as Trump’s return and Fed rate cuts spark predictions of a $420,000 peak

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As Bitcoin spikes to $85,000, could Federal Reserve cuts and Trump’s pro-crypto agenda drive it toward $420,000? What do experts say about Bitcoin’s future in this market? Bitcoin reaches a new all-time high On Nov. 11, Bitcoin (BTC) surpassed the $80,000 mark, reaching a new all-time high of nearly $85,000 after a nearly 25% surge within a week.  BTC 6-months price chart | Source: TradingView Bitcoin’ gigantic rally aligns with recent monetary policy adjustments from the Federal Reserve, which reduced interest rates by 25 basis points in its November meeting,…