Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Bitcoin Development Company MicroStrategy (MSTR) is now the owner of nearly 2% of all the bitcoin (<a href=”https://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) that will ever be created after adding to its holdings of the token. The firm <a href=”https://www.sec.gov/Archives/edgar/data/1050446/000119312524268429/d898104d8k.htm” target=”_blank”>disclosed the purchase</a> of 15,400 bitcoin […]

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin is starting the week on a despondent note, trading 2% lower at $95,000 amid risk-off sentiment in traditional markets. European stocks are falling and the euro is diving against the dollar as concern the French government is on the verge of collapse pushes its bond

Ether (ETH) has underperformed its larger rival bitcoin (BTC) year-to-date, but ETH exchange-traded fund (ETF) inflows have inflected suggesting this period of underperformance may be over, broker Bernstein said in a research report on Monday. The broker noted that on Friday Blackrock’s spot ether ETF saw inflows of $250 million, versus only $137 million of

XRP (XRP) is on a tear as bitcoin (BTC) struggles to approach $100,000 amid talk of a large “sell wall” near the six-digit price mark. XRP, the payments-focused cryptocurrency, has skyrocketed 375% to $2.40 in 30 days. The price has surged more than 20% in the past 24 hours alone, <a href=”https://www.coindesk.com/price/xrp” target=”_blank”>CoinDesk</a> data show.

Japanese crypto exchange DMM Bitcoin will shut down and transfer its accounts and assets to trading platform SBI VC Trade in March next year, it said in a <a href=”https://bitcoin.dmm.com/news/20241202_01″ target=”_blank”>statement</a> on Dec. 2. The decision was made after the exchange suffered a hack in May. Hackers siphoned off over 4502.9 bitcoin (BTC), worth nearly

Ethereum has recently been making waves for the right reasons, providing bullish cues to its native token, ether (ETH). Now, the cryptocurrency’s price chart reveals a compelling pattern reminiscent of the set-up in bitcoin (BTC) before it chalked out a record rally last month. Ether’s three-line break chart, which filters out day-to-day noise and erratic

Spot ethereum (ETH) exchange traded funds (ETF) in the U.S. saw record daily inflows on Friday, another sign that the second-largest cryptocurrency is gaining momentum as a catch-up trade after vastly underperforming bitcoin (BTC) this year. The nine products combined booked $332.9 million in net inflows during Friday’s shortened trading session, <a href=”https://farside.co.uk/eth/” target=”_blank”>data</a> compiled

XRP flipped a $100 billion market capitalization late Saturday as a multiweek rally showed no signs of pausing amid multiple catalysts over the past weeks. XRP zoomed nearly 10% in a 24-period from Friday to Saturday, reaching a local high of $1.92 to set prices previously seen in January 2018, when it briefly touched an

One week after its first attempt, bitcoin (<a href=”https://www.coindesk.com/price/bitcoin” target=”_blank”>BTC</a>) is once again approaching the $100,000 milestone on Friday as crypto prices surged higher alongside the return of U.S. traders following Thanksgiving. The Coindesk Bitcoin Index climbed to a $98,690 session high during early U.S. hours, advancing 3.3% over the past 24 hours. The broad-market

Nov. 30, is the last trading day of the month, so all eyes will be on bitcoin’s (BTC) monthly candle. Bitcoin is less than 4% away from the psychological wall of $100,000. While the <a href=”https://www.coindesk.com/markets/2024/11/25/bitcoin-options-worth-9-b-expire-friday-traders-may-be-thankful-for-the-post-thanksgiving-volatility” target=”_blank”>$9 billion worth of options expiry</a> for bitcoin has just expired, which has sent the token slightly higher on