Crypto Currency

MicroStrategy Expands Bitcoin Portfolio to 447K amid Post-Holiday $100K Surge

MicroStrategy has announced the acquisition of 1,070 Bitcoin (BTC) for approximately $101 million, averaging $94,004 per BTC. This brings the company’s total holdings to 447,470 BTC, purchased at an aggregate cost of around $27.97 billion, averaging $62,503 per BTC. The acquisition comes as Bitcoin (BTCUSD) surpasses the $100,000 mark on intraday charts…

Published 1 year ago in
MicroStrategy Expands Bitcoin Portfolio to 447K amid Post-Holiday $100K Surge

MicroStrategy has announced the acquisition of 1,070 Bitcoin
(BTC) for approximately $101 million, averaging $94,004 per BTC. This brings
the company’s total holdings to 447,470 BTC, purchased at an aggregate cost of
around $27.97 billion, averaging $62,503 per BTC. The acquisition comes as Bitcoin (BTCUSD) surpasses the
$100,000 mark on intraday charts…
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Crypto Currency

Coinbase diamond hands vs Binance panic sellers — the $60,000 stress test

Bitcoin’s recent price crash towards $60,000 did more than just shave billions off market capitalizations or liquidate leveraged positions. It served as a massive, chaotic stress test that exposed a widening behavioral fracture between the two most dominant venues in the digital asset economy. On one side stands Coinbase…

Published 12 hours ago in
Coinbase diamond hands vs Binance panic sellers — the $60,000 stress test

Bitcoin’s recent price crash towards $60,000 did more than just shave billions off market capitalizations or liquidate leveraged positions. It served as a massive, chaotic stress test that exposed a widening behavioral fracture between the two most dominant venues in the digital asset economy. On one side stands Coinbase…
Read More

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Crypto Currency

Bitcoin’s 50% Drop Tests Markets as Retail Investors Continue Dip Buying

Retail investors on Coinbase continued buying dips through market volatility, even as warnings of a severe crypto winter emerged…

Published 12 hours ago in
Bitcoin’s 50% Drop Tests Markets as Retail Investors Continue Dip Buying

Retail investors on Coinbase continued buying dips through market volatility, even as warnings of a severe crypto winter emerged…
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Crypto Currency

Binance Founder CZ Urges Faster Evolution of Privacy Features in Crypto

TLDR Changpeng Zhao, founder of Binance, emphasizes that privacy is the most significant unresolved issue in the cryptocurrency industry. Zhao argues that Bitcoin and most cryptocurrencies lack adequate privacy features, leaving users vulnerable to tracking. CZ highlights that blockchain transactions are traceable, especially with KYC practices on centralized exchanges…

Published 12 hours ago in
Binance Founder CZ Urges Faster Evolution of Privacy Features in Crypto

TLDR Changpeng Zhao, founder of Binance, emphasizes that privacy is the most significant unresolved issue in the cryptocurrency industry. Zhao argues that Bitcoin and most cryptocurrencies lack adequate privacy features, leaving users vulnerable to tracking. CZ highlights that blockchain transactions are traceable, especially with KYC practices on centralized exchanges…
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Crypto Currency

Mike McGlone Forecasts Bitcoin Price Could Fall to $10,000 Amid Economic Concerns

TLDR Mike McGlone warns that Bitcoin could drop to $10,000 due to rising recession risks in the U.S. The long-standing “buy the dip” mentality may no longer support risk assets, including cryptocurrencies. McGlone highlights Bitcoin’s volatility and predicts a potential reversion to $56,000 before a possible $10,000 decline…

Published 12 hours ago in
Mike McGlone Forecasts Bitcoin Price Could Fall to $10,000 Amid Economic Concerns

TLDR Mike McGlone warns that Bitcoin could drop to $10,000 due to rising recession risks in the U.S. The long-standing “buy the dip” mentality may no longer support risk assets, including cryptocurrencies. McGlone highlights Bitcoin’s volatility and predicts a potential reversion to $56,000 before a possible $10,000 decline…
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