Five Weeks, Five Purchases: MicroStrategy Invests Another $2.1 Billion In Bitcoin

MicroStrategy, the business intelligence firm helmed by co-founder and Chairman Michael Saylor, has made headlines yet again with the announcement of a $2.1 billion Bitcoin (BTC) acquisition. Interestingly, this is the fifth consecutive Monday that the Tysons Corner, Virginia-based corporation has announced major acquisitions of the market’s leading crypto, demonstrating confidence in BTC’s prospects and… Continue reading Five Weeks, Five Purchases: MicroStrategy Invests Another $2.1 Billion In Bitcoin

Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends

So far, the Bitcoin market continues to demonstrate resilience as it maintains its price above the $90,000 price market despite various factors influencing its price movements. Amid this, a CryptoQuant analyst, aytekin466, recently shared insights into whether the cryptocurrency could face another significant price correction. Are Major Corrections a Thing of the Past? aytekin disclosed… Continue reading Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends

Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit

On-chain data shows that long-term Bitcoin holders have been selling recently as their profits have ballooned to notable levels after the price surge. Bitcoin Long-Term Holders Have Been In Huge Profits Recently As CryptoQuant community analyst Maartunn explained in a new long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their… Continue reading Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit

Market Reacts To Trump’s Crypto Support: Almost $10 Billion Invested In US Bitcoin ETFs

Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing optimism that his administration will support the cryptocurrency industry. According to Bloomberg, a dozen funds from big issuers including BlackRock and Fidelity Investments have received around $9.9 billion in net inflows… Continue reading Market Reacts To Trump’s Crypto Support: Almost $10 Billion Invested In US Bitcoin ETFs

Crypto Market Hit Hard With $1.7 Billion Liquidated, Largest Event Since 2021

The broader crypto market experienced a major crash on December 9. While the Bitcoin price dropped from $101,109 to as low as $94,150, marking a -7% decline, the altcoin market suffered significantly more severe losses. Ethereum fell by as much as -12% at one point, XRP by -22%, Solana by -15%, Cardano by -23%, Dogecoin… Continue reading Crypto Market Hit Hard With $1.7 Billion Liquidated, Largest Event Since 2021

Bitcoin Is ‘Highly Likely’ In A Supercycle: Expert Explains Why

Renowned macro analyst Alex Krüger posits that Bitcoin is “highly likely” in a supercycle. Krüger articulated his perspective via X, emphasizing the distinct trajectory Bitcoin is currently undertaking compared to previous market cycles. A Bitcoin supercycle is a theoretical phase wherein Bitcoin’s price is anticipated to ascend extraordinarily, surpassing its traditional boom-and-bust cycles. This concept… Continue reading Bitcoin Is ‘Highly Likely’ In A Supercycle: Expert Explains Why

Bitcoin Price Bull Run: Analyst Reveals Why BTC Will Hit Its Top A Month From Now Below $150,000

Crypto analyst Tony Severino has revealed that the Bitcoin price bull run could end as soon as January 2025. The analyst further projected that BTC will top below $150,000 as its bull run ends by next month.  Bitcoin Price Could Top By January 2025 Below $150,000 In an X post, Tony Severino reaffirmed his theory… Continue reading Bitcoin Price Bull Run: Analyst Reveals Why BTC Will Hit Its Top A Month From Now Below $150,000

Bitcoin Nears $100,000: Market Expert Predicts $200K Surge Amid Retail FOMO And Volatility

The Bitcoin (BTC) price held just below $100,000 at the week’s end, falling 7% to roughly $91,000 on Thursday. This milestone has inspired speculation about Bitcoin’s short, medium, and long-term behavior in the face of increased market volatility.  Expert Predicts Bitcoin Could Reach $200,000 According to market expert VirtualBacon, while the $100,000 level is noteworthy,… Continue reading Bitcoin Nears $100,000: Market Expert Predicts $200K Surge Amid Retail FOMO And Volatility

Bitcoin’s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?

The role of Bitcoin long-term holders (LTHs) has again come under the microscope of analysts as the asset currently faces a 4.5% correction from its all-time high (ATH) above $100,000 created on Thursday. These holders, defined as those who retain their Bitcoin for over 155 days, are known to influence market movements through their accumulation… Continue reading Bitcoin’s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?

Bitcoin Flash Crash Causes $710 Million In Crypto Long Liquidations

Data shows the cryptocurrency derivatives market has suffered a massive amount of liquidations after the Bitcoin flash crash during the past 24 hours. Bitcoin Has Witnessed Significant Volatility During The Last Day BTC has displayed some wild price action in the past day, with both a high of $103,500 and a low $90,500 occurring inside… Continue reading Bitcoin Flash Crash Causes $710 Million In Crypto Long Liquidations