Tag: bitcoin

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MicroStrategy Adds $458.2 Million Worth of Bitcoin, Now Holds 252,220 Coins

MicroStrategy Adds $458.2 Million Worth of Bitcoin, Now Holds 252,220 Coins

MicroStrategy has expanded its Bitcoin holdings with a new purchase of $458.2 million worth of the cryptocurrency, as announced by co-founder Michael [...]
Daily Recap: Bitcoin Up 10% Amid BoJ’s Rates Hike Halt

Daily Recap: Bitcoin Up 10% Amid BoJ’s Rates Hike Halt

The market sentiment clears out with a strong bullish bias as macroeconomics updates poise Q4 for significant gains.  TL;DR Bitcoin (BTC) crosse [...]
Louisiana Government Makes History by Accepting Cryptocurrency Payments

Louisiana Government Makes History by Accepting Cryptocurrency Payments

BATON ROUGE, Louisiana — The Louisiana state government became the first in the United States to accept cryptocurrencies as a legal payment method for [...]
Cryptocurrency Market Surges Following FOMC Rate Cut

Cryptocurrency Market Surges Following FOMC Rate Cut

The cryptocurrency market experienced a significant rally after the Federal Open Market Committee (FOMC) announced a 50 basis point interest rate cut. [...]
Bitcoin ETFs See Significant Inflows, BlackRock’s iShares Bitcoin ETF Underperforms

Bitcoin ETFs See Significant Inflows, BlackRock’s iShares Bitcoin ETF Underperforms

On Tuesday, Bitcoin exchange-traded funds (ETFs) attracted $187 million in new investments, marking a substantial day for cryptocurrency-focused funds [...]
BTC Crosses $61K: Why Did Bitcoin Price Surge Today?

BTC Crosses $61K: Why Did Bitcoin Price Surge Today?

Investors woke up today to a rally in the crypto market, led by the flagship cryptocurrency, Bitcoin. The movement has ignited optimism across the mar [...]
MicroStrategy to Issue Senior Notes for $700 Million to Help Fund Direct Bitcoin Purchases

MicroStrategy to Issue Senior Notes for $700 Million to Help Fund Direct Bitcoin Purchases

MicroStrategy, a prominent Bitcoin holder, has announced plans to raise $700 million through a private offering of convertible senior notes. These not [...]
Daily Recap: Crypto Market Sees Rate Cuts Possibility as Bitcoin Hovers Over $58,000

Daily Recap: Crypto Market Sees Rate Cuts Possibility as Bitcoin Hovers Over $58,000

Investors are eager for large rate cuts as the market hesitates for any sharp moves.  TL;DR The probability for 50 bps rate cuts increased to [...]
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