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MicroStrategy’s Latest Bitcoin Purchase Takes Total Holdings to 446,400 BTC
The world’s biggest corporate holder of bitcoin continues with its accumulation phase by allocating another $209 million to purchase 2,136 BTC.
With this eight consecutive Monday purchase, the company’s stash has skyrocketed to over 446,000 BTC.
MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12/29/2024, we hodl 446,400 $BTC acquired for ~$27.9 billion at ~$62,428 per bitcoin. $MSTR https://t.co/58aXM7g
With this eight consecutive Monday purchase, the company’s stash has skyrocketed to over 446,000 BTC.
MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12/29/2024, we hodl 446,400 $BTC acquired for ~$27.9 billion at ~$62,428 per bitcoin. $MSTR https://t.co/58aXM7g
Is ETH Ready to Challenge $3.5K and $4K After Recent Crash? (Ethereum Price Analysis)
Ethereum recently found stability at the $3K support region after facing substantial selling pressure, leading to a consolidation phase.
A golden cross on the daily chart further signals the potential for a mid-term bullish rebound, suggesting optimism in the market’s outlook.
Technical Analysis
By Shayan
The Daily Chart
Ethereum’s price action has been marked by increased volatility, particularly after its rejection at the $4K resistance level. This decline pushed the asset below the cruci
A golden cross on the daily chart further signals the potential for a mid-term bullish rebound, suggesting optimism in the market’s outlook.
Technical Analysis
By Shayan
The Daily Chart
Ethereum’s price action has been marked by increased volatility, particularly after its rejection at the $4K resistance level. This decline pushed the asset below the cruci
Shiba Inu’s Lead Dev to Launch New SHIB-Focused Project, Explains Why 2025 Will Be ‘Epic’
TL;DR
Shytoshi Kusama plans a 44-episode podcast to further engage the Shiba Inu community.
Despite the announcement, SHIB’s price remains in decline, down 20% over two weeks, amid broader market correction.
The Upcoming Development
Shiba Inu’s leading developer who uses the X moniker Shytoshi Kusama recently said they will introduce a podcast in 2025. It will consist of 44 episodes and touch upon different aspects of the entire ecosystem of the meme coin.
Kusama explained that every Monday
Shytoshi Kusama plans a 44-episode podcast to further engage the Shiba Inu community.
Despite the announcement, SHIB’s price remains in decline, down 20% over two weeks, amid broader market correction.
The Upcoming Development
Shiba Inu’s leading developer who uses the X moniker Shytoshi Kusama recently said they will introduce a podcast in 2025. It will consist of 44 episodes and touch upon different aspects of the entire ecosystem of the meme coin.
Kusama explained that every Monday
Bitcoin Miner Foundry Returns Excess 8.18 BTC Fee After Transaction Error
Foundry USA Pool – the largest Bitcoin mining pool by hash rate – recently took action to return an 8.18 BTC transaction fee, which is roughly worth $777,000, that had been accidentally overpaid.
The error occurred on December 19 during the mining of block 875475, which included a transaction with a fee 91,127 times higher than what was needed.
Foundry Refunds Large Overpaid Bitcoin Fee
After recognizing the mistake, Foundry reached out to the sender and refunded the excess fee after assessme
The error occurred on December 19 during the mining of block 875475, which included a transaction with a fee 91,127 times higher than what was needed.
Foundry Refunds Large Overpaid Bitcoin Fee
After recognizing the mistake, Foundry reached out to the sender and refunded the excess fee after assessme
Bitcoin (BTC) Slips Below $94K, Ripple (XRP) Drops Toward $2 (Market Watch)
The highly-anticipated Santa Claus rally is nowhere to be seen as bitcoin continues to lose value by dropping below $94,000.
The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit.
BTC Fails at Recovery
It hasn’t been a particularly hopeful end of 2024 on a micro-scale. The asset began its painful decline on December 17 when its price stood above $108,000. In just a matter of three days, it had lost around $16,000 and dumped to $92,000.
The bulls intercepted t
The altcoins are also mostly in the red, with XRP dumping by 6% and XLM following suit.
BTC Fails at Recovery
It hasn’t been a particularly hopeful end of 2024 on a micro-scale. The asset began its painful decline on December 17 when its price stood above $108,000. In just a matter of three days, it had lost around $16,000 and dumped to $92,000.
The bulls intercepted t
NBA Legend Who Predicted Bitcoin’s Bull Run Now Sets a $1 Million Target
TL;DR
Bitcoin peaked at over $108,000 in mid-December but has since dropped to around $93,500 after Federal Reserve policy updates.
Despite the recent downturn, prominent figures like the former basketball player Scottie Pippen predict significant future gains, with targets as high as $1 million.
Is It Still Early?
Bitcoin (BTC) has experienced a substantial rally throughout 2024, with the real bull run starting shortly after Donald Trump’s victory in the US presidential elections. On Novemb
Bitcoin peaked at over $108,000 in mid-December but has since dropped to around $93,500 after Federal Reserve policy updates.
Despite the recent downturn, prominent figures like the former basketball player Scottie Pippen predict significant future gains, with targets as high as $1 million.
Is It Still Early?
Bitcoin (BTC) has experienced a substantial rally throughout 2024, with the real bull run starting shortly after Donald Trump’s victory in the US presidential elections. On Novemb
Why Is Ripple’s (XRP) Price Down Today Again?
TL:DR;
Although most cryptocurrencies have turned red once again amid another market-wide retracement, XRP’s price has dropped by a bigger percentage than most and is shaky at $2.
Analysts are speculating about the asset’s potential during this cycle and have outlined an important support level that needs hold; otherwise, XRP could plummet toward $1.
XRPUSD. Source: TradingView
XRP rode the Trump-induced rally like very few altcoins did, going from $0.6 to a multi-year peak of almost $3 wit
Although most cryptocurrencies have turned red once again amid another market-wide retracement, XRP’s price has dropped by a bigger percentage than most and is shaky at $2.
Analysts are speculating about the asset’s potential during this cycle and have outlined an important support level that needs hold; otherwise, XRP could plummet toward $1.
XRPUSD. Source: TradingView
XRP rode the Trump-induced rally like very few altcoins did, going from $0.6 to a multi-year peak of almost $3 wit
How Bitcoin Is Giving the USA and Russia a Game to Play That Both Can Win
The incoming second Donald Trump administration has extensive plans to cement US leadership in developing blockchain cryptocurrencies and delivering their products to markets.
Meanwhile, Russia is using Bitcoin to conduct commerce outside the traditional finance channels in the face of international sanctions.
While these developments certainly bear strategic adversarial overtones, the way Bitcoin changes the equation shows great promise. Cryptocurrency provides the world powers with a peacefu
Meanwhile, Russia is using Bitcoin to conduct commerce outside the traditional finance channels in the face of international sanctions.
While these developments certainly bear strategic adversarial overtones, the way Bitcoin changes the equation shows great promise. Cryptocurrency provides the world powers with a peacefu
RWA Tokenization Skyrockets: TVL Surges 58X in 3 Years
The real-world asset (RWA) sector has experienced meteoric growth over the past three years, soaring 58 times its previous valuation.
Recent data from DeFiLlama revealed that its total value locked (TVL) now stands at an all-time high of $8.217 billion, with a $1 billion spike coming within the last seven days alone.
Major Players Fueling Growth
Market leaders such as stablecoin issuer Usual and decentralized finance (DeFi) investment management platform Hashnote are at the forefront of this
Recent data from DeFiLlama revealed that its total value locked (TVL) now stands at an all-time high of $8.217 billion, with a $1 billion spike coming within the last seven days alone.
Major Players Fueling Growth
Market leaders such as stablecoin issuer Usual and decentralized finance (DeFi) investment management platform Hashnote are at the forefront of this
Crypto Scammers Bait Thieves With Public Seed Phrases in New Scheme: Kaspersky
A new crypto scam appears to be flipping the script on thieves. By publicly sharing seed phrases, scammers set up bait wallets that entangle opportunists in a deceptive scheme designed to exploit their attempts to steal funds.
According to cybersecurity firm Kaspersky’s latest findings, scammers post crypto wallet seed phrases on YouTube comments using newly created accounts.
Initial Bait
The scheme begins with a comment under a finance-related video from someone claiming to need help transfe
According to cybersecurity firm Kaspersky’s latest findings, scammers post crypto wallet seed phrases on YouTube comments using newly created accounts.
Initial Bait
The scheme begins with a comment under a finance-related video from someone claiming to need help transfe
Access Control Vulnerabilities Cause $1.7B in Losses Across CeFi, DeFi, and Gaming
Access control vulnerabilities have emerged as the leading cause of crypto hack losses in 2024, accounting for a whopping 75% of total damages across decentralized finance (DeFi), centralized finance (CeFi), and gaming/metaverse sectors, excluding phishing attacks.
According to Hacken, this marks a significant increase from 50% in 2023, with losses tied to unauthorized access and private key theft surging to $1.7 billion, up from less than $1 billion the previous year. In contrast, exploits tar
According to Hacken, this marks a significant increase from 50% in 2023, with losses tied to unauthorized access and private key theft surging to $1.7 billion, up from less than $1 billion the previous year. In contrast, exploits tar
Is Bitcoin About the Crash Below $90,000 Soon? (Bitcoin Price Analysis)
Bitcoin’s price has failed to continue its upward momentum, since dropping below the $100K resistance level. This has led to a lot of uncertainty surrounding the future price action.
Technical Analysis
By Edris Derakhshi (TradingRage)
The Daily Chart
On the daily chart, the price has been consolidating below $100K, after briefly breaking it to the upside a couple of weeks ago and recording a new all-time high. A few days ago, the market failed to break the $100K level and was rejected to the
Technical Analysis
By Edris Derakhshi (TradingRage)
The Daily Chart
On the daily chart, the price has been consolidating below $100K, after briefly breaking it to the upside a couple of weeks ago and recording a new all-time high. A few days ago, the market failed to break the $100K level and was rejected to the
Calm Before the Storm for XRP? Price Consolidates Above $2 (Ripple Price Analysis)
Ripple is currently experiencing a phase of low volatility, with its price fluctuating within the pivotal $2-$3 range. This consolidation period suggests market indecision, with a breakout likely to define XRP’s next mid-term trend.
XRP Price Analysis
By Shayan
The Daily Chart
Ripple’s price has recently been confined within the $2-$3 range, characterized by low volatility and muted trading activity. This consolidation reflects a cautious market state as participants await a definitive break
XRP Price Analysis
By Shayan
The Daily Chart
Ripple’s price has recently been confined within the $2-$3 range, characterized by low volatility and muted trading activity. This consolidation reflects a cautious market state as participants await a definitive break
South Korea Experiences Dramatic Rise in Crypto Adoption: 610K New Investors in Nov
South Korea has experienced a dramatic surge in cryptocurrency adoption. In fact, a new report suggests that more than 15.5 million citizens now hold digital assets which represents roughly 30% of the country’s population.
By November 2024, the number of crypto investors had increased by 610,000 compared to October amidst a broader trend of growing market participation.
South Korea’s Crypto Market Doubles in Value
This surge is closely tied to heightened market activity following US President
By November 2024, the number of crypto investors had increased by 610,000 compared to October amidst a broader trend of growing market participation.
South Korea’s Crypto Market Doubles in Value
This surge is closely tied to heightened market activity following US President
Crypto Santa Claus Rally Hopes Fade As Tech Stocks Slump
In 4 out of every 5 Christmas holidays going back to 1950, US stocks have pumped as investors pile some extra savings into capital markets. But financial markets don’t get this tailwind every year.
This year, the Nasdaq Composite and Bitcoin’s price rallied on Christmas Eve and Christmas Day, but a Grinch of a pullback in the latter half of the week threatens to steal the Santa rally.
Santa Claus No Show For Stocks, Crypto
Bitcoin’s price was down over 2% for the 7-day period by lunchtime on
This year, the Nasdaq Composite and Bitcoin’s price rallied on Christmas Eve and Christmas Day, but a Grinch of a pullback in the latter half of the week threatens to steal the Santa rally.
Santa Claus No Show For Stocks, Crypto
Bitcoin’s price was down over 2% for the 7-day period by lunchtime on
Father Pledges $1M to Cancer Research After Charity Meme Coin Skyrockets to $80M Market Cap
The father of a young girl battling a rare brain tumor has pledged $1 million to fund research into her condition after an unexpected cryptocurrency windfall.
Siqi Chen, CEO of startup finance platform Runway, announced the donation after the charity meme coin, named after his daughter Mira, soared to an all-time high market capitalization of $80 million.
Chen’s Pledge
The girl’s diagnosis inspired Chen to post a plea on X earlier in the week, asking for donations to support the Hankinson Lab
Siqi Chen, CEO of startup finance platform Runway, announced the donation after the charity meme coin, named after his daughter Mira, soared to an all-time high market capitalization of $80 million.
Chen’s Pledge
The girl’s diagnosis inspired Chen to post a plea on X earlier in the week, asking for donations to support the Hankinson Lab
How These 4 Key Cryptocurrencies Beat the Nasdaq Composite in 2024
Moreover, even in a year that many stocks doubled and tripled their historical average yearly returns, leading cryptocurrencies delivered gains of over 100% for the year.
With several years of operation behind them, landmark wins against SEC regulators in US court, and even Wall Street ETFs for two of them, the crypto assets on this list are less risky for investors than ever before.
That doesn’t mean buying these digital assets is without risk any more than buying stocks like Apple or Amazon
With several years of operation behind them, landmark wins against SEC regulators in US court, and even Wall Street ETFs for two of them, the crypto assets on this list are less risky for investors than ever before.
That doesn’t mean buying these digital assets is without risk any more than buying stocks like Apple or Amazon
SOL Eyes $200 After 5% Daily Surge, BTC Calms At $95K (Weekend Watch)
Bitcoin’s declining trading volumes continue over the weekend as the asset has produced little to no actual price movements over the past day.
The altcoins have recovered some ground from the Saturday correction, with ETH above $3,400 and DOGE aiming at $0.33.
BTC Stalls at $95K
Last week’s correction erased much of BTC’s price gains charted in December as the asset plummeted to $92,000 on December 21. It managed to bounce off immediately and headed toward $100,000 on a couple of occasions si
The altcoins have recovered some ground from the Saturday correction, with ETH above $3,400 and DOGE aiming at $0.33.
BTC Stalls at $95K
Last week’s correction erased much of BTC’s price gains charted in December as the asset plummeted to $92,000 on December 21. It managed to bounce off immediately and headed toward $100,000 on a couple of occasions si
Year in Review: Top 8 Ripple (XRP) Developments of 2024
But real quick first—
XRP’s price could be in for another big pump soon, according to the technical signals.
Legendary chart trader Peter Brandt recently shared a bullish wedge pattern suggesting another leg up for XRP’s price to above $2.70. The average exchange rate in US dollars for XRP on Saturday, Dec. 28, was $2.19.
So if this rally materializes, it would represent a 24% increase over Saturday’s price in potentially a matter of mere days or weeks.
Here are two views of $XRPUSD a weekly
XRP’s price could be in for another big pump soon, according to the technical signals.
Legendary chart trader Peter Brandt recently shared a bullish wedge pattern suggesting another leg up for XRP’s price to above $2.70. The average exchange rate in US dollars for XRP on Saturday, Dec. 28, was $2.19.
So if this rally materializes, it would represent a 24% increase over Saturday’s price in potentially a matter of mere days or weeks.
Here are two views of $XRPUSD a weekly
Cardano Price Analysis: ADA Enters Consolidation Phase After 16% Weekly Drop
Cardano is navigating a pivotal price range, bounded by the $0.75 and $1.3 thresholds, with its recent price action underscoring a successful pullback to the previously breached $0.75 support.
The outcome of a breakout from this range will likely set the tone for its next significant market direction.
Technical Analysis
By Shayan
The Daily Chart
Cardano has recently encountered a rejection at the $1.3 resistance level, triggering heightened volatility and a descending retracement phase. As
The outcome of a breakout from this range will likely set the tone for its next significant market direction.
Technical Analysis
By Shayan
The Daily Chart
Cardano has recently encountered a rejection at the $1.3 resistance level, triggering heightened volatility and a descending retracement phase. As