Bitcoin reached an all-time high for a second consecutive day, with traders eyeing the $110,000 price level. The original cryptocurrency rose as much as 2.1% to $108,315 on Tuesday, before retreating back to its price at the start of the day around $106,000. It has surged more than 150% this year, and traders are increasing […]
Cryptocurrency
Microstrategy Buys More Bitcoin: Another $1.5 Billion Added To Holdings
Michael Saylor’s Microstrategy has just announced a new Bitcoin purchase that has taken the firm’s total holdings to 439,000 BTC. Microstrategy Has Bought Another 15,350 BTC A large buyer that has had a constant presence during this latest Bitcoin bull run has been Microstrategy. The cryptocurrency’s price has been racing up while the company has been […]
MicroStrategy gives back earlier gains following bitcoin proxy’s inclusion in Nasdaq-100 index and ‘QQQ’ ETF
Shares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will join the tech-heavy Nasdaq-100 index. The stock was last lower by less than 1%, after jumping as much as 7% earlier. Nasdaq rebalances its Nasdaq-100 index every year. The companies flagged for inclusion are mostly based on the market cap rankings as of the final trading day […]
Bitcoin surges to $107K as crypto market gains momentum
The cryptocurrency market experienced a bullish rally on December 17, with Bitcoin (BTC) crossing an all-time high of $107,700. The global crypto market cap increased by 1% to reach $3.72 trillion, while trading volume soared 34% to $211 billion, signaling heightened investor activity. Bitcoin hits new ATH Bitcoin led the rally, gaining 2% over the […]
Bitcoin Climbs to $105,000 as Trump Trade Continues to Drive Assets Higher
Bitcoin has broken to fresh highs above $104,900 as this year’s rally continues to benefit from several tailwinds, including President-elect Donald Trump’s impact on markets. The asset is up 3.5% on the day following a new record price of $105,004. It’s now up more than 140% in a year and 15% higher over a 30-day […]
Bitcoin rises to new record above $106,000 as investors await this week’s Fed decision
Bitcoin rallied to a new all-time high Sunday evening as investors awaited an expected interest rate cut by the Federal Reserve later this week. The price of the flagship cryptocurrency was last higher by more than 4% at $105,207.00, according to Coin Metrics. Earlier, it hit a new record of $106,509. Ether also rose 4%, climbing to just […]
Where Will Bitcoin Be in 1 Year?
Bitcoin has once again proven its resiliency throughout 2024, but can the cryptocurrency’s price continue rising? It’s been a milestone year for cryptocurrency, and in particular, the industry’s poster child — Bitcoin (BTC 3.17%). With just a few weeks left in 2024, Bitcoin’s price has soared by 140% and has topped a price of $100,000 […]
Bitcoin price recaptures $100K following funding reset and Coinbase premium return
After a rocky start to the week, Bitcoin BTC$97,604 made a strong push above $100,000, and a handful of analysts expect BTC to make a run at the $110,000 level. The move back to $100,000 comes as the November Consumer Price Index (CPI) report showed a slight uptick in inflation in the United States. Historically, crypto traders have had […]
The smartest Bitcoin ETF to buy with $2,000 right now
Bitcoin (CRYPTO: BTC) is having a moment. After starting 2024 off with a bang, the cryptocurrency delivered disappointing performance from March through September. Now, Bitcoin is reaching new heights after rocketing up nearly 80% in the last three months. Although the exact mechanisms of any run are never entirely clear, the recent rise in Bitcoin’s […]
Microsoft shareholders vote against Bitcoin investment
Microsoft (MSFT) shareholders voted against adding Bitcoin to the company’s balance sheet on Tuesday. The decision follows the board’s recommendation to vote against the proposal, citing Microsoft’s existing strategy of evaluating a diverse range of investable assets, including Bitcoin, as part of its broader investment framework. The proposal, titled “Assessment of Investing in Bitcoin,” was […]