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Bitcoin Braces for Huge Price Shock As MicroStrategy’s BTC Holdings Reach $30 Billion Following L...
Michael Saylor’s software company-turned-Bitcoin development firm MicroStrategy has added to its Bitcoin stack. MicroStrategy now owns $30 billion worth of BTC after snapping up 51,780 tokens for $4.6 billion over the past seven days.
MicroStrategy Buys Another $4.6 Billion Of BTC Using Proceeds From Share Sale
MicroStrategy announced on Nov. 18 that it had bought 51,780 Bitcoin, spending just around $4.6 billion — an average price of $88,627 per coin.
‘I’m Fully Committed’ — Robert Kennedy Jr. Says After Putting Most of His Wealth in Bitcoin
Robert F. Kennedy Jr., former presidential candidate and Donald Trump’s nominee for the U.S. Secretary of Health and Human Services, has doubled down on his support for Bitcoin, revealing that he has most of his wealth invested in the world’s oldest and largest cryptocurrency.
Bitcoin-Friendly RFK Jr. Is Fully Committed
Robert F. Kennedy Jr. is putting his money where his mouth is.
In a recent post, the former independent U.S. presidential candidate called BTC the “currency of freedom”, emph
Bitcoin’s soaring price to multiple highs this month opened up a series of on-chain reactions. On the one hand, hitting an all-time high above $93,000 sent bullish signals, with whales setting sights on new targets before the end of the year. However, massive surges in the crypto market led to corrections as Whales withdrew some holdings, looking to make a profit. BTC price trades at $90,717, a 4% growth over the last day.
Pro-XRP Lawyer Tips Bitcoin’s Role in USD Recovery
Pro-XRP lawyer John Deaton highlighted plans for the United States economy to rebound amid macro factors. The rising debt profile remains a talking point for many crypto enthusiasts pitching a strategic Bitcoin reserve, among other solutions. The leading crypto asset has been deployed as a hedge against inflation and a store of value in many jurisdictions. The upsurge in BTC price and global adoption could change the course of the traditional order.
Here’s Why Ripple’s XRP Could Be Set Free for Massive Explosions If Gary Gensler Exits the SEC Scene
Based on the troubled relationship between XRP’s parent company, Ripple, and the United States Securities and Exchange Commission (SEC) chairman Gary Gensler, the latter’s exit might fuel the altcoin’s fire.
Crypto pundit The BitBoy shared these sentiments, acknowledging, “If he fires Gary Gensler, XRP might be the coin in the crypto top 100 that pumps the hardest off of Trump’s presidency.”
Based on his recent statement, Gensler’s exit seems to be a matter of when, not if. XRP is already enjo
Ethereum Faces More Upside Ahead With Eyes Glued to $6,000 As ETH Whales Go on a Buying Spree
Ethereum (ETH) seeks to follow in Bitcoin’s footsteps as the second-largest cryptocurrency based on market value, and it is showing heightened efforts to soar to a new all-time high (ATH).
Calling out this development, on-chain metrics provider Globe of Crypto pointed out, “Forming an ascending triangle in 1WTF. Breakout can provide a massive bullish rally towards $5500 – $6000 in coming weeks.”
Based on this analysis, Ethereum will have to breach major resistance at the $3,600 zone if this pr
Cardano, Elon Musk, and SpaceX: What’s Brewing Under an NDA?
Charles Hoskinson’s recent trip to SpaceX headquarters has sparked major interest. The Cardano founder shared his experience in a YouTube vlog, but much of the discussion remains a mystery. What was discussed behind closed doors? Is there more to this visit than just a tour?
Hoskinson was impressed. “They build a rocket every two days. These guys are on fire!” he said. He toured the SpaceX facility in California, where the team’s passion and focus stood out. “We’re going to Mars!” he recalled h
Metaplanet Follows MicroStrategy’s Footsteps, Announces $12M Bond Issuance to Buy More Bitcoin
Japanese public company Metaplanet has announced the issuance of a new series of one-year ordinary bonds worth 1.75 billion yen (approximately $12 million) to purchase additional Bitcoin (BTC).
The investment firm has adopted the playbook of U.S.-listed business intelligence firm MicroStrategy by borrowing money at a low interest rate to boost its holdings of the largest cryptocurrency.
Metaplanet Is Raising Debt To Buy More BTC
Tokyo-listed Metaplanet revealed on Nov.18 that its board of dir
XRP At $15 Price Becomes Part of the Bigger Picture After 90% Rocket Move in a Week
XRP rallied 80% in one week, surging past $1 for the first time in three years. Its market capitalization hit $61.4 billion, pushing Dogecoin (DOGE) to seventh place. Whale activity and hopes for regulatory clarity fueled the surge.
On Saturday, XRP reached $1.26, its highest since November 2021. The price jump marked an 85% weekly increase. Whale wallets holding 1–100 million XRP accumulated 453.3 million tokens worth $526.3 million, Santiment data shows.
Cardano Foundation Holds 82% of Assets in ADA As Funds Hit $478 Million
The Cardano Foundation, a body tasked with developing the network, released its latest insight report. The non-profit group holds assets totaling $478 million and seeks to demonstrate its transparency and organization in many areas, including education, resilience, and adoption. Blockchain foundations are usually the pillars behind successful networks, working with communities and stakeholders to boost innovation that drives adoption.
Bitcoin Whales Are Embracing Binance As Exchange Battle Thickens
Binance Exchange has recorded an increasing number of whale activities in the market. The current bull cycle introduced new changes across on-chain and institutional data in digital assets. Bitcoin soaring to new highs boosted activity and attracted new capital inflow. Meanwhile, centralized crypto exchanges ramp up expansion efforts to lead the onboarding of new users to web3.
Binance Dominate Whale Transactions
The world’s largest exchange by trading volume has increased its market share of
Toncoin’s Supply Analysis Points to Spike in User Activity, What’s Next for TON Price?
The Ton Network remains among the fastest-growing blockchains this year. This comes on the heels of massive inflows and soaring bullish sentiments in various market sectors. TON price trades at $5.60, a double-digit surge in the last seven days. This year, TON soared uphill due to the launch of games and the onboarding of new users. On-chain factors have shown a possible pathway to drive growth.
Supply Spikes To 5.1 Billion
On-chain data shows that the asset’s supply stands at 5.1 billion TON,
Trump Presidency Unlocked $800 Billion for US Crypto, Says Ripple CEO As ADA, SOL, and XRP Eye Go...
Shortly before Donald Trump was officially announced to be the next president of the United States of America on November 6, 2024, the entire crypto market started to heat up. Bitcoin rallied to its new ATH above $93,000 on November 14 in proximity of the psychological $100,000 level.
The optimism comes from investors who believe that Trump’s administration is favorable to cryptocurrencies and other policies, such as reducing the corporate tax rate from 21% to 15%.
Dogecoin Co-Founder Floats Epic Idea of U.S. DOGE Strategic Reserve Amid Latest Price Boom
Now that Donald Trump is set to be the next president of the United States, a strategic Bitcoin reserve could become a reality soon. Interestingly, Dogecoin creator Billy Markus (also known as Shibetoshi Nakamoto on X) has suggested that the OG meme coin should follow Bitcoin’s lead and become a strategic national reserve asset.
“Why not national Dogecoin reserve tho [sic],” Markus said in a Nov. 15 post.
Whale Activity Sparks Solana Rally, SOL Jumps 34% in a Week
Solana’s recent surge has captured the crypto market’s attention. SOL has been up 34% in the past week, surpassing $200 for the first time since April.
The catalyst? Whale activity—particularly a significant accumulation by a single Solana whale- seems to have reignited bullish momentum for the blockchain’s native token. With SOL gaining 41.12% in the past month, crypto traders and analysts are paying close attention to what’s driving the uptrend and what lies ahead for Solana.
Cardano (ADA) to Dip to $0.45? — Analysts Predict Buying Opportunity Ahead of $1.20 Target
The last few weeks have seen Cardano (ADA) on a strong run, moving to a seven-month high and turning the heads of investors further afield. That said, the altcoin could soon experience a wake-up call.
Now, as ADA is trading at $0.72, analysts are predicting that the market could actually drop to around $0.45 due to increased buying pressure.
However, this pullback can be precisely the buy signal needed. With a medium-term target of $1.20, let us dissect the factors behind the price of ADA and
XRP Hits Coveted $1 Milestone for First Time Since 2021 As Ripple CEO Says ‘Pressure Now Lifted’
Ripple’s chief executive officer, Brad Garlinghouse, has shared his views on XRP and its spectacular price performance in recent days.
Notably, the price of XRP has recently outperformed the rest of the crypto market as the crypto rally cools off. Data from CoinGecko shows XRP jumped from a low of $0.68 on Nov. 14, climbing past the $1 mark on Nov.16 for the first time since 2021.
Garlinghouse attributed XRP’s strong price action to the promising regulatory outlook in the United States under P
Whales Transfer Bitcoin and Ether Holdings to Exchanges, Is a Price Correction Imminent?
Crypto whales are resurfacing in the market, looking to rake in gains amid the renewed price surge. On-chain data shows huge transfers of top assets to popular centralized exchanges. This looks to create a short-term correction in several coins following weeks of price jumps. Generally, the bull cycle drives whales to purchase tokens and sell previously acquired assets for profit. Although movements might lead to slight exits, market commentators argue that this is a natural course of events.
Bitcoin Permabull Michael Saylor Believes BTC’s on Track to Hit $100K Before Year-End
Vigorous Bitcoin evangelist and MicroStrategy Executive Chairman Michael Saylor is more bullish than ever about the price of the premier cryptocurrency now that President-elect Donald Trump is set to take office in January.
Saylor plans to have a New Year’s Eve party when BTC reaches the long-awaited $100,000 mark, which he expects by the end of this year.
Crypto To Benefit From Trump’s Election Victory
Speaking to CNBC on Thursday, MicroStrategy founder Michael Saylor forecasted that Bitcoi
These On-Chain Factors Position Solana for Next Surprising Eruption
Solana (SOL) has posted decent inflows amid the surge in crypto. The asset described as an institutional investor favorite is expected to see a bull takeover still on the wider market sentiment. Major reasons for this include its meme coin activity, the decentralized finance market, and Bitcoin’s price jump. In the last 24 hours, SOL’s price traded sideways at $210, with a weekly rally of 9% and monthly figures rising to 37%.
The recent price surge and on-chain factors have led to users expecti