MicroStrategy’s Dismal December Still Keeps It at Top of 2024 Bitcoin-Tied Asset Rankings
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) It’s been a tough month for MicroStrategy (MSTR), the software developer turned bitcoin (BTC) accumulator. Its stock has tumbled almost 50% since November, when it joined the Nasdaq 100 index and peaked at a 600% gain since...
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XRP Volumes Zoom Ahead of Bitcoin, Dogecoin in South Korea. What’s Next?
XRP trading volumes on South Korea’s biggest crypto exchanges have overtaken those of bitcoin (BTC) and ether (ETH) in a sign of flurried interest that often precedes price volatility. Total trading volume against the won on UpBit, Bithumb and Korbit, the country’s largest exchanges by volumes and users, topped...
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Ether Seen Outperforming Bitcoin in 2025, Steno Research Says
Ether (ETH), the second-biggest cryptocurrency by market cap, is likely to outperform larger rival bitcoin (BTC) in 2025, Steno Research said in a report Sunday, citing historical trends and Donald Trump’s U.S. election victory. Bitcoin is predicted to reach a minimum of $150,000 next year, up from about $94,000,...
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Don’t Expect Bitcoin Fireworks Ahead of New Year, Traders Say, as BTC ETFs Lose $420M
Bearish trading in bitcoin (BTC) markets continued late Monday as the asset briefly fell under $92,000 on profit-taking despite another mammoth MicroStrategy purchase, recovering to just over $92,800 as of Asian morning hours Tuesday. Some traders expect the current price action to likely continue until February, weeks after president-elect...
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XRP Volumes Zoom Ahead of Bitcoin, Dogecoin in South Korea. What’s Next?
XRP trading volumes on South Korea’s biggest crypto exchanges have overtaken those of bitcoin (BTC) and ether (ETH) in a sign of flurried interest that often precedes price volatility. Total trading volume against the won on UpBit, Bithumb and Korbit, the country’s largest exchanges by volumes and users, topped...
Read More
Don’t Expect Bitcoin Fireworks Ahead of New Year, Traders Say, as BTC ETFs Lose $420M
Bearish trading in bitcoin (BTC) markets continued late Monday as the asset briefly fell under $92,000 on profit-taking despite another mammoth MicroStrategy purchase, recovering to just over $92,800 as of Asian morning hours Tuesday. Some traders expect the current price action to likely continue until February, weeks after president-elect...
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Bitcoin Drops to $92,000 as Long-Term Holders Keep Taking Profit
Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in the past 24 hours to $91,800, a price not seen since Dec. 5, the day it broke through $100,000 for the first time. The largest cryptocurrency has...
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Sell the News: MicroStrategy Plunge Deepens in Days Following Nasdaq-100 Inclusion
In retrospect, it was inevitable. Down more than 8% and holding just above $300 on Monday, MicroStrategy (MSTR) shares are now lower by about 30% since just after the announcement of their inclusion into the Nasdaq-100 index and nearly 50% from their late November record high. The signs of...
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AI Agents Capture Attention as AiXBT, ai16z, and Virtuals Surge
The dead internet theory may not be in full swing just yet, but AI agents have already taken over much of Crypto Twitter. Reply bots on X are populating posts on nearly everything, using artificial intelligence models to increase reach and blockchains to settle micro transactions or record data....
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CoinDesk 20 Performance Update: XLM Declines 6.6% as Index Trades Lower Over Weekend
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3254.32, down 1.8% (-60.38) since 4 p.m. on Friday. Three of 20 assets are trading higher. Leaders: SOL (+2.5%) and APT (+0.8%). Laggards:...
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