Microstrategy made a bold $2.03 billion move, adding 27,200 BTC to its holdings to cement its bitcoin dominance, part of an ambitious $42 billion digital asset growth plan. A Billion-Dollar Vision Unfolds as Microstrategy Acquires 27,200 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin, announced on Monday that it […] Source: https://news.bitcoin.com/microstrategy-buys-27200-btc-for-2-03b-expanding-holdings-to-279420-bitcoin/
While some investors hold back from buying Bitcoin when it reaches new highs, MicroStrategy has doubled down, demonstrating a strong commitment to the cryptocurrency. In a Nov. 11 announcement, the business intelligence firm turned Bitcoin (BTC) investor said it bought 27,200 Bitcoin for about $2.03 billion in cash. MicroStrategy purchased the coins between Oct. 31 and Nov. 10, at an…
A crypto business account is a useful tool for any project or company that wants to expand its user base and revenue streams. Unlike regular personal accounts, these specialized accounts help businesses manage cryptocurrency transactions efficiently, streamline payments, and reduce costs. With features like invoicing, payment tracking, and multi-currency support, a crypto business account can easily empower companies to handle…
PRESS RELEASE. Singapore, November 11 – StakeStone announces the successful completion of a $22 million investment round, led by Polychain Capital. This fundraise includes strategic investments from Binance Labs and OKX Ventures, seed round led by SevenX and participation from Nomad Capital, HashKey Capital, HashKey Cloud, Amber Group, Coinsummer, Bankless Ventures, DAO5, Symbolic Capital, Arcane […] Source: https://news.bitcoin.com/stakestone-secures-22-million-investment-round-led-by-polychain-capital-with-strategic-investments-from-binance-labs-and-okx-ventures/
The Conflux Foundation plans to invest $500 million to support the growth of PayFi, short for Pay Finance, a Web3 payments solution. Conflux’s $500 million investment will come from its ecosystem fund and will go toward developing PayFi, a blockchain-based payments platform that aims to bring traditional finance services to the blockchain. PayFi aims to create a “more integrated value…
Bitcoin continues its powerful climb, currently valued at $81,450 to $82,328 within the last hour, with bullish signals from both oscillators and moving averages across several timeframes fueling the ascent. Bitcoin In the near term, bitcoin’s momentum remains solid. The daily chart shows a clear breakout above the recent consolidation zone of $68,000–$70,000, supported by […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-holds-strong-in-uptrend-as-it-nears-critical-resistance/
Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history. The Bitcoin (BTC) price broke above a new all-time high of $82,410 at 10:19 am UTC on Nov. 11, Bitstamp data shows. BTC/USD, 1-month chart. Source: TradingView However, this may only be a pitstop for the Bitcoin price, which is expected to…
A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a suite of new functionality that could potentially see the Bitcoin network rival Ethereum in terms of decentralized finance (DeFi) activity. The upgrade is called “OP_CAT” (short for operation code concatenate) and refers to a few simple lines of code originally introduced by Satoshi Nakamoto.…
Mexico’s third-largest billionaire is celebrating the momentum that bitcoin and the entire cryptocurrency market are experiencing following President-Elect Donald Trump’s victory in the recent elections. Ricardo Salinas Pliego, owner of companies such as Grupo Elektra, Banco Azteca, and TV Azteca, took to social media to celebrate the bitcoin price hike, offering further advice to his […] Source: https://news.bitcoin.com/mexicos-third-largest-billionaire-raves-about-bitcoin-price-hike-told-you-so/
Cryptocurrency investors continued pouring massive inflows into digital investment products last week amid post-election market momentum. Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record high of $116 billion, CoinShares reported on Nov. 11. This marks the fifth consecutive week of inflows, totaling $7.7 billion — 24% of the $31.3…
