Month: November 2024

Editor’s note: This story has been updated with recent figures about El Salvador’s returns on its Bitcoin investment. El Salvador, the first nation state to adopt Bitcoin (CRYPTO: BTC) as a means of payment, is up $68 million on its investments, according to on-chain analysis. What Happened: Spotonchain data...

Unipcs, the millionaire trader known as ‘BONK guy,’ recently shared his journey and insights into meme coin trading, particularly his long-term position in Bonk (CRYPTO: BONK). What Happened: Unipcs elaborated on his approach in a post on X, holding BONK for 13 months and incurring $1.9 million in fees...

MARA Holdings Inc (NASDAQ:MARA) shares are trading higher Monday as Bitcoin (CRYPTO: BTC) hovers around all-time highs. The mining company announced additional capacity in Ohio. Here’s a look at what you need to know. What To Know: Bitcoin traded higher over the weekend and is hovering near all-time highs...

MicroStrategy Inc. (NASDAQ:MSTR) on Monday announced it has purchased 27,200 Bitcoin (CRYPTO: BTC) for approximately $2.03 billion in cash over a ten-day period between Oct. 31 and Nov. 10, this year. What Happened:The acquisition was completed at an average price of $74,463 per Bitcoin, inclusive of fees and expenses....

MicroStrategy Inc (NASDAQ:MSTR) shares are trading higher Monday after Bitcoin (CRYPTO: BTC) prices hit new all-time highs over the weekend. MicroStrategy also announced that it raised $2 billion to buy more Bitcoin. What Happened: Bitcoin climbed to new highs over the weekend and hit another high Monday morning as...

Peter Schiff, a long-time critic of Bitcoin (CRYPTO: BTC), expressed skepticism about the recent surge in Bitcoin’s value. On Monday, he posted that the rise in Bitcoin has no connection to its fundamentals. What Happened: Schiff highlighted that the U.S. dollar is strengthening, gold prices are declining, and the...

Shytoshi Kusama, the lead developer of Shiba Inu, publicly mocked Charles Hoskinson, the founder of Cardano, over his alleged relations with the incoming Trump administration on crypto policy. The tension unfolded over X, drawing significant attention from the crypto community. As reported earlier, Charles Hoskinson has expressed plans to...

Dogecoin’s (CRYPTO: DOGE) monster rally has traders speculating about elevated price targets. What Happened: The apex meme coin is up 19% on the day, 86% over the past week and an impressive 162% over the past 30 days, with 94% of holders in profit. Crypto analyst Kevin pointed out...

Bernstein on Monday reiterated a robust bullish stance on the crypto market, encouraging investors to “buy everything you can” as Bitcoin surged above the $82,000 mark on Monday morning. What Happened: Bitcoin (CRYPTO: BTC) is trading at $82,300, up 3.7% for the day, setting yet another all-time high. Ethereum...

The general cryptocurrency market has seen notable upward momentum in the past few weeks, with Bitcoin, the largest digital asset, leading the market once more toward what several seasoned crypto analysts believe to be one of the biggest bull runs ever. Bitcoin Heading Toward More Higher Levels In his...