Tag: btc

Microstrategy Snaps up 15,400 Bitcoins, Cementing Dominance With 402,100 BTC

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

Jim Cramer Champions Crypto — Reveals Why BTC and ETH Belong in Your Portfolio

Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges. Jim Cramer: ‘I’ve Liked Crypto for a Very Long Time’ Jim Cramer, host of CNBC’s Mad Money, defended his support for cryptocurrency on Tuesday, recommending bitcoin and ethereum as portfolio […] Source CryptoX Portal

Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC

DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week. Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January. Key…

Bitcoin Technical Analysis: BTC Eyes 6-Digit Range Despite Resistance

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In the last hour, bitcoin’s price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency’s technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark. Bitcoin Bitcoin’s (BTC) 1-hour chart reveals […] Original

Bitcoin ETFs near record $6.2b inflow in US as BTC eyes $100k

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A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000. Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6.2 billion in inflows so far in November, bolstered by Bitcoin’s surge toward $100,000 and President-elect Donald Trump’s crypto-friendly agenda, Bloomberg reports. The inflows coming to such ETFs issuers as BlackRock and Fidelity, are set to surpass the previous record of $6 billion achieved in February, the report reads, noting that Bitcoin is nearing…

Bitcoin Miner MARA Buys Another 703 BTC, Increases Total Holdings To 34,794 BTC

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Este artículo también está disponible en español. Bitcoin mining firm MARA – formerly known as Marathon Digital – has announced the acquisition of an additional 703 BTC. This purchase increases the company’s total cryptocurrency holdings to 34,794 BTC. MARA’s Bitcoin Holdings Surge To 34,794 As CEO Shares Bullish Outlook In an announcement made yesterday on X, MARA, one of the world’s leading Bitcoin mining companies, revealed it had acquired 703 BTC at an average price of $95,395. This brings the firm’s total Bitcoin purchases for November to 6,474 BTC, following…

Robert Kiyosaki Shares $500K Bitcoin Forecast — How It Compares to Other BTC Predictions

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Robert Kiyosaki has highlighted AI’s $500,000 bitcoin prediction for 2025, aligning with analysts citing institutional adoption, regulatory shifts, and growing demand. $500K Bitcoin in 2025? AI and Crypto Experts Share Bold Predictions Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has shared another striking forecast regarding bitcoin’s future. His book, written with Sharon […] Original

Bitcoin (BTC) Price Will Overcome $100K Despite Pullback, Targets $147K: CryptoQuant

Bitcoin’s (BTC) pullback from the $100,000 level after continuously hitting fresh new highs is only a temporary setback before eventually shooting past the barrier to even higher prices, crypto analytics firm CryptoQuant said. According to a Wednesday report shared with CryptoX, multiple blockchain data metrics suggest that the largest crypto has more room to run before topping. CryptoQuant’s custom P&L index, which combines several on-chain valuation metrics to signal whether BTC is overvalued or undervalued, shows that the asset is firmly in a bull market but far from the overvalued…

Bitcoin ETF inflows resume amid renewed investor optimism in BTC

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U.S. spot Bitcoin exchange-traded funds saw renewed inflows on Nov. 27 as investor sentiment toward the flagship cryptocurrency improved, driven by Bitcoin’s rally toward the $100K milestone. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $103.09 million in inflows on Nov. 27, ending two consecutive days of outflows during which over $561 million exited the funds. Bitwise’s BITB led the inflows with $48.05 million, followed closely by Fidelity’s FBTC, which reported $40.24 million in inflows. Grayscale Bitcoin Mini Trust and Franklin Templeton’s EZBC contributed $11.99 million and…

Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC Treasury Strategy

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Este artículo también está disponible en español. Bitcoin (BTC) corporate adoption continues to gain momentum as video-sharing and cloud services platform Rumble recently unveiled a BTC treasury strategy. This move aligns with a growing trend of corporations worldwide embracing Bitcoin as a strategic asset. Rumble Announces Bitcoin Treasury Strategy, Stock Rises The YouTube competitor is the latest company to join the Bitcoin bandwagon, as its Board of Directors approved a corporate treasury diversification strategy that allocates a portion of its excess cash reserves to BTC. Related Reading As part of…