MicroStrategy has once again doubled down on its bitcoin holdings with another purchase. This time around, the company spent almost $100 million to add more BTC to its mammoth holdings. The company which has been buying bitcoin since 2019 has stuck to its promise to invest heavily in the digital asset and has been the …
Continue reading “MicroStrategy Remains One Step Ahead With $94M Bitcoin Purchase”
Bitcoin liquidations have continued as the year draws to an end. The year has been rocked with liquidations that have gone past the $100 billion mark and there does not seem to be a stop even as 2022 rolls around. Long traders have had to bear the brunt of the losses given the recent downtrend. …
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If you’ve bet with Bitcoins and other cryptocurrencies before, you’ll understand new crypto casinos are springing up all the time. You’ll probably also know that the days of homebrew titles are behind us, with many of today’s top casino games now playable with BTC, LTC, ETH and others. Just how many and what types of …
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The decentralized nature of the crypto sector gives room for several cryptocurrencies to thrive amongst their communities. The industry currently has thousands of cryptocurrencies in active trading, some of which are tributes or representations of ideas or events. While many are much older and considerably more serious, several others are meme coins. A meme coin …
Continue reading “Have the Inu Tokens Finally Found Their Leader in Powered Gaming?”
Michaël van de Poppe is plotting the price direction of the altcoins Algorand (ALGO), The Sandbox (SAND), Chainlink (LINK), Curve DAO Token (CRV) and Swipe (SXP). In a new video, the crypto analyst tells his 158,000 YouTube subscribers that Algorand is entering into a period where traders should ideally place their money at bottom price …
Billionaire and business magnate Elon Musk is once again praising dog-themed crypto asset Dogecoin (DOGE). In a lengthy new interview with podcast host Lex Fridman, Musk says that the popular meme coin’s built-in mechanisms render it superior to leading crypto Bitcoin (BTC) in terms of practical use cases. “Part of the reason why I think …
Bitcoin (BTC) is likely to end 2021 well below analysts’ target projections of $100,000. Kraken CEO Jesse Powell, who had also projected a $100,000 price target for Bitcoin, still remains bullish in the long term, but he does not rule out a sharp drop in the short term. One of the negatives that may add …
Continue reading “Bitcoin price fell short of analysts’ $100K target, but what about 2022?”
The world’s largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale’s holdings are in the Bitcoin (BTC) Trust, which accounts for …
Crypto analytics firm Santiment says that a recent spike in the number of daily active Bitcoin (BTC) addresses indicates BTC’s price might be about to swing to the upside. The market insights agency tells its 120,700 Twitter followers that Bitcoin activity has picked up after nearly a month of sluggish data. “With Bitcoin continuing its …
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American financial services titan Robinhood is moving on to the next phase of its crypto wallet launch. According to a new blog post, the trading company plans to roll out the beta phase for its “Wen Wallets” program in mid-January which will open up the crypto wallets to thousands of customers from Robinhood’s waitlist. Robinhood …
Seasoned crypto analyst Tone Vays says that Bitcoin (BTC) flipping bearish in its current scenario would be paradoxical. In a new strategy session, the veteran trader tells his 118,000 subscribers that the events that would have to take place for him to turn bearish on the king crypto would actually end up making him bullish. …
Bitcoin (BTC) and the broader cryptocurrency market turned lower later in the day on Dec. 31, erasing intraday gains to cap off a highly successful year on a weaker note. Market Update BTC price fell below $46,000 on Dec. 31 and was last seen hovering below that level, according to data from Cointelegraph Markets Pro …
Continue reading “Bitcoin price reverses gains on New Year’s Eve; hodlers continue stacking sats”
The year 2021 is coming to a close, and if there’s one way to describe how the cryptocurrency industry fared in the past 12 months, it would be momentous growth. Major cryptocurrencies shattered previous records, adoption grew, new sectors sprouted and novel blockchain use cases made significant breakthroughs. The Market Insight’s latest edition recalls the …
Continue reading “Cointelegraph Consulting: Crypto events of 2021 in retrospect”
December 31, 2021 – Geneva, Switzerland Ariane Capital notes strong growth throughout 2021, paving the way for bigger and better things in 2022 and beyond. Navigating the crypto waters at an early stage allowed the team to build up years of expertise and remain ahead of the market. As a result, its products have proven very …
MicroStrategy is placing yet another bet on Bitcoin (BTC) even as the leading cryptocurrency continues an apparent market downtrend. MicroStrategy chief executive Michael Saylor tells his 2 million Twitter followers that the enterprise analytics firm purchased another 1,914 Bitcoin for approximately $94.2 million in cash at an average price of about $49,229 per BTC. That …
