MicroStrategy shares jumped 20% at the market open.

Michael Saylor's company is the largest corporate holder of cryptocurrency. On its balance sheet there are more than 190 thousand bitcoins worth $12.8 billion at the current exchange rate.

With an average purchase price of $31.6 thousand, the company’s profit from investments in Bitcoin is already above $6.7 billion.

$BTC #MicroStrategy #Update

Traders who shorted Bitcoin lost more than $10 million in the last hour. They did not have enough funds to cover short positions, which were forcibly closed by the exchange.

The total volume of liquidations on the crypto market in an hour exceeded $25 million.

$BTC #traders #TradingView

What to do with Blast?

▫️No need to take your ETH, bridge them to the mainnet (there is less gas on weekends) and get your x10 points;

▫️There is no point in rushing to deposit ETH into protocols, as Blast does not track your points, but rather reduces them;

▫️In Metamask or another wallet, set “Base fee” and “Priority fee” - 0.1 and 0.1 or lower by default, so as not to pay them $2 commissions for each action.

💁🏽‍♂️ Based on the number of protocols that are available on the Blast mainnet (some of them may be a scam), it should definitely be rated higher than Manta. Those who buy points on Whales Market have a chance to rectify, as they are being washed away. And for those who sell, on the contrary, you can create the opportunity to earn more.

#Blast

💰MicroStrategy bought another 3 thousand bitcoins for 155 million at an average price of $51,813.

Now the giant has 193 thousand BTC, in which 6.09 billion were invested.

The average cost of each bitcoin is $31,544.

#newscrypto #MicroStrategy $BTC

Taiko (a decentralized platform developing L2 on ETH) has raised $37 million in three funding rounds ahead of its mainnet launch this year.

Its latest $15 million Series A round was led by Lightspeed Faction, Hashed, Generative Ventures and Token Bay Capital, with participation from Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, WW Ventures and others.

#taiko

LEGO follows trends.

$BTC #Lego #CryptoTrends

According to Glassnode analysts, American OTC platforms are gradually running out of free bitcoins. We are talking about platforms that allow for the purchase and sale of cryptocurrencies outside of exchanges, that is, directly between two parties.

Accordingly, the demand for BTC is now very high. And there are few people willing to sell coins.

$BTC #greedy #BTC‬ #OTC

💸 Tether printed its 1,000,000,000 USDT.

#Tether

👌 The former head of the FTX crypto exchange Sam Bankman-Fried, as The New York Times sources note, after being imprisoned at the Metropolitan Detention Center in Brooklyn, he also shared cryptocurrency recommendations with the guards. To be more precise, he recommended that they buy Solana. 📈

$SOL #cryptoinvestor

📈 In 2024, there is a significant increase in the ETH/BTC ratio, that is, the rate of Ethereum in relation to Bitcoin. This means that the value of ETH is increasing at a faster rate compared to BTC.

Although throughout 2023 the indicator mainly decreased.

$BTC $ETH

🪙 The rate of the Solana blockchain token has updated its maximum for this year and has outperformed Bitcoin in terms of dynamics. Market participants predict that the coin will reach its historical maximum.

$SOL

Miners began to sell bitcoins more actively as the rate increased. The number of coins in their wallets fell to the lowest level since July 2021.

Since the beginning of 2024, their reserves have decreased by 8,426 BTC (approximately $530 million), the balance of wallets associated with miners that are monitored by analytical services is 1,812,482 BTC.

On the graph, the yellow line is the balance of miners’ wallets, the black line is the Bitcoin rate.

#Mining #miners #BTC‬ $BTC

🐶 Memcoins continue to outpace Bitcoin and other cryptocurrency categories in terms of growth rates.

The growth leaders for the day are Elon Musk’s favorite cryptocurrency Dogecoin and Bonk, the main memcoin of the Solana ecosystem.

$DOGE $BONK #memes #ilonmask

🦾 New record for Bitcoin ETF trading volume is officially $7.69 billion. Previous record was $4.66 billion from launch day.

#BTCLIFE #ETFBitcoin

🚀🚀🚀 Bitcoin drew the largest monthly growing in its ENTIRE history.

$BTC #BTC60K #Growth

💰 #USTC may unexpectedly go up

The price of this asset is highly unpredictable. She is highly influenced by news, for example. But, if we proceed from technical analysis, then the situation is very interesting.

$USTC #Signal

📈 TON reaction to Pavel Durov’s announcement about the start of monetization of telegram channels in TON.

#TON

Capitalization of stablecoin Tether exceeded $98 billions.

#Tether #stablecoin

🐋 Reddit has invested excess money in Bitcoin, Ethereum and Polygon - may continue to buy crypto in the future.

Reddit is also collaborating with Google to train AI models.

$BTC $ETH #investors #Investing