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MicroStrategy bought 2,530 Bitcoin BTC for $243 million at an average price of $95,972 per BTC, according to a Jan. 13 announcement from Michael Saylor, the company's co-founder and executive chairman.The purchase marks MicroStrategy's tenth consecutive week of Bitcoin acquisitions since October 31,âŚ
Bitcoinâs price whipsaws were the dominant feature on display over the past week as crypto and equities markets digested newly released US economic data, and a startling uptick in Treasury yields was followed by a sharp correction in BTC (BTC) price, the DOW and S&P 500. Looking beyond the traditionâŚ
It's been exactly one year since U.S. spot bitcoin ETFs launched, reshaping and expanding the role the world's largest cryptocurrency plays in the realm of traditional finance.Immediately, the newly launched financial instruments â which allow investors to bet on BTCâs price without having to buy thâŚ
Solana (SOL) has seen a 12% retrace from the Monday high, falling to a crucial zone in the last 24 hours. Some analysts remain bullish ahead of Trumpâs inauguration, while others have warned that the cryptocurrencyâs bullish momentum could be in danger if the current levels are lost.Solana Holds KeyâŚ
Bitcoinâs price outlook remains âstructurally bullishâ despite temporary headwinds from macroeconomic data, Zach Pandl, Grayscaleâs head of research, told Cointelegraph.On Jan. 10, a positive US jobs report sent BTCâs spot price tumbling below $93,000 as the US dollar rose on expectations of slowerâŚ
Bitcoinâs price dropped to a new range low at $91,055 on Jan. 9, its lowest value since Dec. 1. The next psychological support range remains under $90,000, and some market analysts continue to forecast a decline below this level. However, the following four reasons suggest that BTC may avoid a dropâŚ
The US Senate Banking Committee is reportedly set to create its first-ever crypto subcommittee, while a pro-crypto commissioner is now a top pick to replace the outgoing chair of the Commodity Futures Trading Commission, according to two reports. The two reports â seen as positive developments for tâŚ
United States Federal Reserve officials are leaning toward a neutral policy stance as they await clearer direction from Donald Trump once his presidential term begins.âI expect that the coming months should bring clarity on the incoming administrationâs policies and the carry-over of inflationary prâŚ
Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM âŚ
Coinbase Inc. is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data.Copies of the eâŚ
United States President Joe Biden, scheduled to leave office on Jan. 20, still has time to issue pardons and commute the sentences of individuals convicted of federal crimes â and some crypto users are betting he turns his attention to the founders of Silk Road and FTX.As of Jan. 9, cryptocurrency bâŚ
Social media giant Meta, formerly Facebook, plans to replace third-party fact-checkers with a community notes model akin to rival Xâs to promote âfree expression,â according to a Jan. 7 announcement. Meta will also lift restrictions on âtopics that are part of mainstream discourseâ to focus enforcemâŚ