Business intelligence firm MicroStrategy disclosed a purchase of 27,200 Bitcoin in a statement made on Monday. It is the company’s largest acquisition of the world’s most valuable cryptocurrency since 2020 when it bought 29,646 Bitcoin.
MicroStrategy, which is the largest corporate holder of Bitcoin, made...
The cryptocurrency market had a resounding response to the results of Tuesday’s U.S. presidential elections. With the new U.S. president being considered a proponent of crypto assets, cryptocurrencies soared in value across the board, including Bitcoin, which reached a new record.
The expectation is that...
Bitcoin, the world’s most valuable cryptocurrency, has climbed back above $61,000 per coin on Thursday. The surge comes after the release of Federal Reserve minutes from the July meeting that further strengthened the possibility of rate cuts in September.
The summary of the Federal Open...
Bitcoin rose above the $60,000 mark this week, thereby strengthening after several erratic fluctuations recently. This comes as Bitcoin is becoming increasingly viewed as a useful investment instrument.
Head of OTC Trading at BlockFills John Divine and roundtable anchor Rob Nelson discussed the rise of...
These past couple of weeks have been tough for the crypto market, particularly the world’s most valuable cryptocurrency, Bitcoin. However, analysts over at JPMorgan believe that the trend will revert next month and cause the crypto market to rebound.
After reaching an all-time high price...
Stocks on the New York Stock Exchange broadly slipped lower on Monday morning as Bitcoin continued its record rally. This comes as investors await a crucial Consumer Price Index (CPI) report later in the week.
The benchmark S&P 500 slipped 0.1% lower, as did the...
