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News
MicroStrategy’s Bitcoin Strategy Faces Scrutiny Amid Stock Decline
MicroStrategy's Bitcoin buying strategy is being criticized as MSTR stock plunges 45% from its peak, sparking concerns about future funding viability.
Bitcoin News
Bitcoin Set to Close 2024 Bullish: Yearly Candle Defies December’s Bearish Trend
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Bitcoin
Bitcoin
BTC is on a path to close 2024 with a bullish yearly candle, signaling sustained growth. Despite a bearish December, Bitcoin’s overall yearly movement remains positive and upward. Increased institutional...
MicroStrategy Buys $209M in Bitcoin, Reaches 446,400 BTC
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Bitcoin
Bitcoin
MicroStrategy acquires 2,138 BTC worth $209M at $97,837 per coin, bringing its total Bitcoin holdings to 446,400 BTC worth $27.9 billion.
Bitcoin’s Elliott Wave Cycle Signals Key Market Phase: Analysts Monitor 5-Wave Structure
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Bitcoin
Bitcoin
Bitcoin’s current position aligns with the Elliott Wave Cycle, following a 5-wave structure for market phase analysis. Risk management is critical as analysts focus on broader structural frameworks rather than...
Bitcoin’s SoV Index Surges 85 Percent in a Year to Reach $1.03 Trillion
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Bitcoin
Bitcoin
Bitcoin's Store of Value Index reached $1.03 trillion, marking an 85% annual growth, underscoring its role as a significant wealth storage tool.
Bitcoin’s Current Price and Trading Trends Set the Stage for a 2025 Cycle Peak
Bitcoin historically peaks 233–328 days after breaking its ATH, with the next peak projected for June to October 2025. Current Bitcoin price is $93,856.36, with a market cap of $1.85...
Bitcoin Dominance Drops to 58.53%, Sparking Major Altcoin Season Ahead
Bitcoin dominance hits 58.53% in December 2024 and signals a possible altcoin rally with market shifts aligning for new opportunities.
Rhodium Enterprises Sells Facility, CEO Resigns Amid Bankruptcy Restructuring
Rhodium Enterprises restructures with asset sales, debt repayment, and hosting resumption as its CEO resigns amid legal and financial turmoil.
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NBA Legend Scottie Pippen Envisions Bitcoin Reaching $1 Million
Scottie Pippen, NBA legend, predicts Bitcoin could hit $1 million, following his eerily accurate previous forecasts of Bitcoin's price surges.
Bitcoin’s $92K Support Holds Strong as Bullish Divergences Point to Major Surge
Bitcoin consolidates near $92K with bullish signals suggesting a breakout, while historical trends point to a bullish 2024, paving the way for 2025.
Australia’s Bitcoin ATM Surge Brings Global Cybersecurity Concerns
Australia’s Bitcoin ATM boom ranks third globally, but rising scams and cyber risks call for stronger safeguards and user protection.
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