BTC

Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase additional Bitcoin between September 13 and September 19, further bolstering its position as the cryptocurrency’s largest publicly traded corporate holder. As of September 19, the…

Bitcoin's value might soar to $70,000 this autumn, stirring excitement in the crypto world. The spotlight now shifts to several promising altcoins poised to ride Bitcoin's coattails. Curious which digital currencies are set for a surge? Discover the insights from top analysts on the next big movers in the crypto market. Bitcoin (BTC)  Bitcoin is poised for a significant move as it hovers around the high fifty-thousands, with bulls eyeing the key resistance of $64K. Despite some market hesitation, BTC…

After the Federal Reserve cut interest rates by 50 basis points, the markets rallied strongly on the event. The S&P 500 posted a new all-time high, and Bitcoin (BTC) surged more than $4,000. Will $BTC now follow U.S. stocks and make its own all-time high?  Further potential growth across all markets After the first Federal Reserve rate cut in 4 years, markets have reacted with relief. The S&P 500 shot through $5,700, and the Nasdaq has improved 2.6%. At the…

The cryptocurrency markets remained bullish, with nearly all major cryptocurrencies registering another day of significant increases. The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.  Other major cryptocurrencies that have registered an increase are Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), Polkadot (DOT), FET, and Bittensor (TAO).…

Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s (Fed) decision to slash rates by 50 basis points on September 18. Over $21 Billion Of Shorts To Be Liquidated If Bitcoin Breaks $70,500 While buyers double down, flocking back to BTC, looking at the sharp uptick in trading volume over…

The Federal Reserve announced the first rate cut since early 2020, with  50 basis points. More rate cuts are on the table going into the end of this year, with another 75 bps anticipated. Bitcoin has risen to $62,000 on the news, with bulls looking to take advantage of increasing liquidity. A new easing cycle Not just the U.S., but the world, have entered a new economic cycle of easing, designed to cope with faltering economies, and the next roll-over…

The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.  The crypto market cap is also up over 3%. It is currently at $2.14 trillion, as markets see bullish sentiment build following the Federal Reserve’s announcement of a 50 basis point reduction in interest rates.  Several analysts and market watchers, including Rich Dad Poor Dad author Robert Kiyosaki, believe the price of BTC…

DBS, Singapore's largest bank, is launching over-the-counter Bitcoin and Ethereum options trading for its institutional and accredited wealth clients in Q4 2024.  DBS’s New OTC Services Singapore's largest bank, DBS, is set to expand its digital asset offerings by launching over-the-counter (OTC) options and structured notes linked to Bitcoin and Ethereum. This move, expected to be available to the bank's institutional and accredited wealth clients in the fourth quarter of 2024, marks DBS as the first Asian-headquartered bank to introduce…

Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains. However, Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON) remained in the red, registering notable drops.  In a related development, spot Bitcoin ETFs saw a surge, adding $250 million worth of Bitcoin in a single day,…