Month: December 2024

Shares of MicroStrategy Inc. (NASDAQ:MSTR) fell more than 8.5% Monday, marking a rough debut to its nascent tenure among the Nasdaq 100. The software company and top corporate Bitcoin (CRYPTO: BTC) holder has struggled lately, logging its fifth losing session in the past six sessions and plunging over 37%...

The move is part of the exchange’s broader plan to expand its US presence following the election of Donald Trump....

The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed. According to the report, the market experienced inflows totaling $308 million, marking a continuation of positive trends. However, there was also a series of outflows that...

Bitcoin (CRYPTO: BTC) started the year with an impressive All-Time High (ATH) of greater than $77,000 in March after the approval of Bitcoin ETFs by the US Security and Exchange Commission (SEC). However, BTC has a penchant for exceeding expectations. It shattered the high from earlier in the year...

Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price    Gains +/- Bitcoin (CRYPTO: BTC)  $92,996.64 -3.2% Ethereum (CRYPTO: ETH)  $3,313.40 -0.3% Solana (CRYPTO: SOL)  $184.82 +0.9% XRP (CRYPTO: XRP)  $2.16 -4% Dogecoin (CRYPTO: DOGE)  $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB)  $0.00002168   -1% Notable Statistics: IntoTheBlock data shows...

Bitcoin’s (CRYPTO: BTC) volatile trading around the $100,000 mark has left investors puzzled about its prospects for the next weeks. What Happened: Jim Bianco of Bianco Research highlighted this phenomenon in a post on X on Sunday by quoting an old Wall Street adage: “Markets will do what confuses the...

Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support....

Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure remains bullish, fueling optimism among analysts and traders who believe Bitcoin’s rally could resume at any moment. Market sentiment appears cautious...

Deribit CEO Luuk Strijers has pointed to $84,000 as the “max pain” level for Bitcoin ahead of a significant December options expiry, suggesting the market could be pulled down to this level before finding new equilibrium. Strijers’ analysis highlights the unique dynamics of the upcoming quarterly expiry, which accounts...

Ethereum (CRYPTO: ETH) has dropped 17% in the past week, but analysts and traders suggest this could be a setup for a significant rally in 2025, fueled by increased investor interest and key bullish metrics. What Happened: Lookonchain posted on X on Dec. 23 that North Korean hackers suffered...