Despite a recent Bitcoin price dip, institutional investors are doubling down. MicroStrategy acquired another $1.5 billion in BTC, while MARA Holdings seeks to raise $805 million for further Bitcoin purchases. Even Genius Group joined the buying spree, bolstering its “Bitcoin-first” strategy. Metaplanet’s Bitcoin reward program further highlights growing interest in the cryptocurrency. Can this influx of capital propel the Bitcoin price to $100k before year’s end?
The post Bitcoin Dip Fuels Institutional Appetite: Can Today’s Huge Buys Push the Price to $100K in December? appeared first on Cryptonews. …
Category: Bitcoin
Best Crypto to Buy Now December 2 – HBAR, KAIA, IOTA
The Bitcoin (BTC) market has started the first proper trading day of December on the back foot amid fears the US government might be about to dump tokens, though Bitcoin remains a strong candidate for best crypto to buy now.
The post Best Crypto to Buy Now December 2 – HBAR, KAIA, IOTA appeared first on Cryptonews. …
Genius Group Boosts Bitcoin Holdings to 172 BTC with $1.8M Purchase
Genius Group has increased its Bitcoin holdings to 172 BTC, worth $15.8 million, following a $1.8 million purchase as part of its “Bitcoin-first” strategy, which aims to allocate 90% of reserves to Bitcoin.
The post Genius Group Boosts Bitcoin Holdings to 172 BTC with $1.8M Purchase appeared first on Cryptonews. …
Crypto Spot Trading Volume Surges to $2.71 Trillion in November, Doubling October’s Numbers
November saw a resurgence in cryptocurrency trading, with monthly spot trading volumes soaring to $2.71 trillion—the highest level since May 2021.
The post Crypto Spot Trading Volume Surges to $2.71 Trillion in November, Doubling October’s Numbers appeared first on Cryptonews. …
Strong Buy Signals Emerge as Saylor Predicts Microsoft Could Add $4.9T with Bitcoin – Will BTC Hit $150K?
Bitcoin has dropped by 1.5% in the past 24 hours, yet Michael Saylor’s recent pitch to Microsoft raises the potential for some very big price increases.
The post Strong Buy Signals Emerge as Saylor Predicts Microsoft Could Add $4.9T with Bitcoin – Will BTC Hit $150K? appeared first on Cryptonews. …
MARA Holdings to Raise An Additional $805M for Bitcoin Purchases and Debt Repayment
MARA Holdings plans to raise $805 million through convertible senior notes to expand its Bitcoin holdings and manage debt, with proceeds allocated for repurchasing existing notes and enhancing corporate strategies in the digital asset sector.
The post MARA Holdings to Raise An Additional $805M for Bitcoin Purchases and Debt Repayment appeared first on Cryptonews. …
Bitcoin Dominance Falls to 56% As $100k Not Achieved Yet, Is Altcoin Season Officially On?
Bitcoin dominance is in decline, falling to as low as 59.2% earlier on Sunday as the Bitcoin (BTC) price stalls below $100,000, but altcoin markets heat up.
The post Bitcoin Dominance Falls to 56% As $100k Not Achieved Yet, Is Altcoin Season Officially On? appeared first on Cryptonews. …
Grayscale’s Crypto Holdings Surge in November Amid Stellar and XRP’s Triple-Digit Gains
Grayscale Investments has seen its cryptocurrency holdings skyrocket in November, driven by surging altcoins like Stellar (XLM) and XRP.
The post Grayscale’s Crypto Holdings Surge in November Amid Stellar and XRP’s Triple-Digit Gains appeared first on Cryptonews. …
SEC Sues Touzi Capital Over Misleading Crypto Mining Fund Claims
The SEC has filed a lawsuit against investment firm Touzi Capital, accusing it of defrauding investors and misrepresenting the liquidity and profitability of its crypto asset mining fund.
The post SEC Sues Touzi Capital Over Misleading Crypto Mining Fund Claims appeared first on Cryptonews. …
Bitcoin Still Finds Unbreakable Resistance Around $99k, But This Analyst Says We Could See $100k This Weekend
Whilst Bitcoin (BTC) CME futures were able to break back above $100,000 this week, spot prices continue to struggle against an unbreakable sell wall around $99,000, though optimism is growing that an upside breakout could soon ensue.
The post Bitcoin Still Finds Unbreakable Resistance Around $99k, But This Analyst Says We Could See $100k This Weekend appeared first on Cryptonews. …