MicroStrategy, the business intelligence company, just added another 2,138 Bitcoins to its collection! This latest purchase, costing them $209 million, brings their total Bitcoin holdings to a whopping 446,400 BTC. Another Bitcoin Purchase The company announced this latest buy, made between December 23rd and 29th, at an average price of $97,837 per Bitcoin. To pay…
China’s approach to cryptocurrency is a fascinating contrast between its mainland and Hong Kong. While the mainland remains firmly against crypto, Hong Kong is forging ahead, aiming to become a major player in the digital asset world. Mainland China: Sticking to the Ban China’s 2024 Financial Stability Report, published by the People’s Bank of China…
Blockware Solutions, a major cryptocurrency firm, is predicting a massive price jump for Bitcoin in 2025. Their forecast hinges heavily on President Trump’s proposed US Strategic Bitcoin Reserve. Three Possible Scenarios Blockware lays out three scenarios for Bitcoin’s price next year: Bear Market ($150,000): In a pessimistic outlook, Bitcoin could still see a significant 58%…
Bitcoin’s been holding its own lately, staying above important support levels even after its recent dip from record highs. While the market’s a bit gloomy, Bitcoin’s price is surprisingly steady, giving investors some hope. A Trillion-Dollar Store of Value? Adding to the positive news, the CEO of CryptoQuant recently revealed some interesting data. By combining…
Ethereum has taken a hit lately, dropping below $3,500. While this might seem discouraging, some analysts think a turnaround is brewing. Funding Rates Signal Renewed Hope A CryptoQuant analyst, ShayanBTC, noticed something interesting: Ethereum’s futures funding rates are stabilizing. These rates reflect trader sentiment – when they rise, it usually means more traders are betting…
Ethereum (ETH) is currently hanging around $3,400, and nobody’s quite sure what’s going to happen next. It’s been bouncing around without a clear direction, showing traders are pretty unsure about where it’s headed. Ethereum’s Triangle of Uncertainty Analyst Carl Runefelt noticed something interesting: ETH has been stuck in a symmetrical triangle pattern on the 4-hour…
CryptoQuant’s CEO, Ki Young Ju, is raising concerns about the US government’s potential adoption of a Bitcoin standard. He argues that the government’s reasons for doing so would likely be very different from those of Bitcoin enthusiasts. Why a US Bitcoin Standard is Unlikely…For Now Ju suggests that a major threat to the US’s global…
A major early investor in Ethereum has been offloading a huge chunk of their holdings. This isn’t just pocket change; we’re talking serious crypto cash. Millions in ETH Sold According to blockchain analysts, this whale—someone who participated in Ethereum’s initial coin offering (ICO)—has sent a staggering $171.78 million worth of ETH to the Kraken cryptocurrency…
Galaxy Research, the research arm of Galaxy Digital, has released some bold predictions for Bitcoin and Ethereum in 2025. Their analyst, Alex Thorn, shared these forecasts on X (formerly Twitter). Bitcoin’s Bullish Run Thorn predicts a massive surge for Bitcoin (BTC) in 2025. He believes it will: Cross $150,000 in the first half of the…
Bitcoin is at a make-or-break point. Its price is hanging around the crucial $93,257 support level. This level has been a strong barrier during its recent climb, but things are getting tense. Bearish Pressure Mounts The bears (those betting against Bitcoin) are getting stronger, raising fears that Bitcoin might fall below $93,257. Technical indicators like…
