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Tag: btc

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MicroStrategy buys $37M Bitcoin bringing holdings to 190,000 BTC

MicroStrategy snapped up another 850 Bitcoin in January, increasing its total BTC holdings to a value of $8.1 billion. MicroStrategy, the largest publicly traded holder of Bitcoin , says it acquired an additional 850 BTC in January bringing its total holdings to 190,000 BTC — worth $8.1 billion. In its Q4 2023 Feb. 6 earnings call, the…
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Spot Bitcoin ETFs add 151K BTC amidst GBTC dump in January

In spite of forceful selling by the Grayscale Bitcoin Trust ETF, every one of the 10 spot Bitcoin ETFs altogether added almost 19,000 BTC in January. Update, February 1 at 12:15 UTC: Added the most recent openly revealed information from BlackRock’s iShares Bitcoin Trust and rectified the complete figures. The Grayscale Bitcoin Trust (GBTC) trade…
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There may be one last chance to buy BTC at ‘bargain’ prices: Rekt Capital

According to a pseudonymous trader, Rekt Capital, any retracement in Bitcoin’s price over the next two weeks could be investors’ last chance to acquire Bitcoin at “bargain-buying” prices. Bitcoin BTC financial backers may just have a fourteen day window to possibly purchase Bitcoin at “deal purchasing” costs before a pre-dividing rally starts off in February,…
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Bitcoin price falls to 6-week low under $40K — What’s next for BTC?

Bitcoin price abruptly dropped under $40,000. Godleak explains what is behind the price drop. Bitcoin cost fell beneath $40,000 interestingly since Dec. 3, 2023, as GBTC-connected offering of BTC at Coinbase proceeds to adversely influence financial backer opinion all through the crypto market. Bitcoin BTC fell quickly from a cost of $41,553 on Jan. 22,…
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BTC price slips to $42.4K as JPMorgan CEO says Bitcoin ‘does nothing’

JPMorgan begs CNBC to stop talking about “pet rock” BTC despite financial heavyweights seeing billions of dollars in spot Bitcoin ETF inflows. Bitcoin BTC tumbled to intraday lows preceding the Jan. 17 Money Road open as the World Monetary Discussion (WEF) offered new standard analysis.   Dimon: Bitcoin is a “pet rock” Information from Cointelegraph…
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Price analysis 1/5: BTC, ETH, BNB, SOL, XRP, ADA, AVAX

Bitcoin is exchanging just beneath the $45,000 level as dealers anticipate the SEC’s ultimate choice on the spot Bitcoin ETF applications. Bitcoin’s unpredictability has expanded in the beyond two days as dealers hypothesize about the destiny of the spot Bitcoin trade exchanged reserves (ETFs) applications. A few experts said that the ETFs could be greenlighted…
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BTC price targets $42K 2023 close as Bitcoin OG says ETF ‘not priced in’

Over the controversial ETF decision date, BTC price predictions diverge, with many Bitcoin traders anticipating a rebound from the initial rise. Bitcoin tracked $42,500 into the 2023 yearly close as traders began to see “interesting” BTC price behavior.     Post-ETF BTC price drop targets include $36,000 Cointelegraph Markets Pro and TradingView data showed that…
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Nvidia’s Q2 Report Sparks Stock And Crypto Speculation, BTC Soars Over $26.5K

Central issues: Nvidia’s Q2 report will disclose man-made intelligence’s impact on stocks and crypto after its amazing May execution. A high stock flood energizes expects areas of strength for a, influencing simulated intelligence connected crypto tokens. Crypto diggers might turn towards computer based intelligence procedures in the midst of Nvidia’s market influence. Nvidia, the colossal…
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To enhance quality, Binance successfully integrated BTC onto the Lightning Network

Key Points: Binance has effectively coordinated BTC on Lightning Organization, and the store and withdrawal capability has gone live. The objective of this initiative is to make use of the second-layer solution provided by the Lightning Network in order to make it possible to conduct Bitcoin transactions at prices that are both cheaper and faster.…
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Caution: Despite market turmoil, a whale raises 15,000 BTC in just one day

Key Points: In just one day, one whale increased his BTC holdings to 15,000 coins. It has only four wallet addresses that hold more than 100,000 coins, making it the fourth largest BTC wallet address at the moment. After the sell-off last week, the cryptocurrency market is still in turmoil. It is not always the…
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