MicroStrategy has recently announced plans to acquire an additional Bitcoin by raising $500 million in convertible debt offerings. This move comes on the heels of the company’s sale of $800 million in convertible debt offerings, which was used to purchase approximately 12,000 BTC. The total Bitcoin holdings of MicroStrategy now stand at 205,000 BTC, valued
Cryptocurrency
Bitcoin’s price has once again broken records, with a recent surge pushing it to just below $74,000. This comes after a brief dip below $72,000, showcasing the volatile nature of the cryptocurrency market. Despite a slight retracement following the initial high, Bitcoin has managed to hold steady around $73,000, with a market capitalization close to
The CEO of Jan3 and Bitcoiner, Samson Mow, is maintaining his bold prediction that Bitcoin could reach $1 million in the near future. In a recent interview with ‘What Bitcoin Did’ host Peter McCormack, Mow elaborated on why he believes in this ambitious price target. He asserted that BTC’s current setup is conducive to a
The latest craze in the cryptocurrency market is the surge of meme coins, with the new Solana-based LAMBO token leading the charge. The token has seen an astronomical increase of +69,420%, sparking excitement among crypto enthusiasts. The infamous crypto meme ‘Wen Lambo?’ has now evolved into a tangible digital asset, capturing the attention of investors.
Ethereum has been on a bullish run, with expectations of reaching $5,000 in the near future. The cryptocurrency market analyst, Ali Martinez, has studied data from IntoTheBlock and suggested that Ethereum still has room to grow to hit the $5,000 mark. The current price of Ethereum is hovering above $4,000, showing strong bullish momentum. However,
The recent surge in the price of Bitcoin has attracted the attention of many investors and traders. With the price hitting new all-time highs, it is important to consider the role that large whales play in the market and how their selling can impact price volatility. Crypto analyst Ali Martinez has pointed out that large
Bitcoin (BTC) has seen a remarkable surge in value this week, surpassing the $73,000 mark and entering uncharted territory. This impressive jump in price can be attributed to the actions of two major players in the financial world – BlackRock and MicroStrategy. BlackRock, a leader in asset management, filed with the SEC to potentially include
Ethereum (ETH) has been making waves in the cryptocurrency market recently, with its price surpassing the $4,000 mark for the first time since December 2021. This significant milestone has left investors feeling a mix of excitement and apprehension, as they try to navigate the uncertain waters of the crypto market. With a market capitalization of
The Thailand Securities and Exchange Commission (SEC) recently made a significant regulatory change by allowing the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This move opens up new opportunities for institutional investors and high-net-worth individuals in Thailand. The decision was made during a recent board
The recent surge in Bitcoin mining earnings to a record daily revenue of $78.6 million on March 7 has sparked significant interest in the cryptocurrency community. This increase in revenue comes at a time when Bitcoin’s value has experienced a 70% surge since the beginning of the year, surpassing the $70,000 threshold for the first