Microstrategy the largest corporate holder of Bitcoin acquired an additional 15,350 BTC for $1.5 billion.
The acquisition was made at a unit price of $100,286 taking Microstrategy’s total haul to 439,000 BTC.
The development was announced by the chairman of the Business Intelligence firm Michael Saylor via his X page revealing details of the transaction…
Bitcoin, the flagship cryptocurrency, hit a new all-time high of $106,352 amid rumours that President-elect Donald Trump would set up a strategic Bitcoin reserve from Day one in office.
The crypto asset which has surged by 15.2% in the last seven days hit a peak at $106,352 before cooling off to $104,853 at the time…
Treasuries on Bitcoin Standard are up 143% on a year-to-date scale attracting positive comments from the crypto community on the viability of Bitcoin as an asset class.
The development was revealed by Microstrategy Chairman Michael Saylor via an X post sharing a trading view chart as proof of his assertions.
“Treasuries on the #Bitcoin Standard…
Ethereum, the second largest crypto asset by market capitalization crossed the $4000 price threshold for the second time in over three months today.
The crypto asset hit $4,012 in the early hours of Monday as it closes in on its three-year all-time high of $4,878.
This is the second time Ethereum has crossed this price…
Blackrock’s ETHA, the largest Ethereum Exchange Traded Fund (ETF) by inflows has crossed $3 billion in net inflows since its launch back in July.
At the time of the report, the total inflow recorded by the Ether ETF product stands at $3.18 billion surpassing the second-biggest Ethereum ETF product by more than double.
Blackrock…
Grayscale’s GBTC Yesterday, recorded an outflow of $105 million, the only highlight of an underwhelming day of trading for Bitcoin ETFs.
On Dec 12, a day before yesterday, Bitcoin ETFs were pumping pulling in a staggering $597 million. This was the highest inflow recorded for the second week of December.
Things were really quiet yesterday…
Spot Bitcoin and Ethereum Exchange Traded Funds (ETF) pulled in a staggering $870 million yesterday indicating a high level of confidence amongst institutional investors.
Spot Bitcoin ETFs led the inflows for the day pulling in $597.5 million with Blackrock’s IBIT getting a large percentage of the inflows.
Blackrock’s IBIT witnessed an inflow of $431.6 million…
The U.S. District Court, Central District of California ordered five Individuals to Pay Over $5 Million for the Digital Asset Fraud and Misappropriation Scheme.
The development was announced in a press release by the Commodity Futures Trading Commission which revealed relevant details and history of the case.
“ The default judgment order finds Carmona, Arellano,…
Binance, the largest crypto exchange in the world announced its plans to delist three spot trading pairs in line with the exchange’s high standard for spot trading pairs.
In a recent announcement, Binance stated that it would be delisting PEPE/TUSD, DCR/BTC, and ZEN/ETH spot trading pairs effective Dec 13 at 03:00 UTC.
“ The delisting…
The Outgoing governor of the Reserve Bank of India (RBI) revealed his vision to drive India’s economy forward with Central Bank Digital Currencies (CBDC).
Shaktikanta Das in his farewell speech reflected on the Six years of efforts under his watch to leverage new technologies like CBDC, as well as the goals achieved and challenges facing…
