Collaborative design software company Figma (FIG) expanded its bitcoin BTC$109,741.83 holdings to $91 million in the second quarter of this year, the company disclosed Wednesday during its earnings call. The move, revealed by Chief Financial Officer Praveer Melwani, comes as part of a larger $1.6 billion cash position. “Within the $1.6 billion, we also held
A colossal movement in the crypto world has just occurred, capturing the attention of investors and analysts alike. Whale Alert, a well-known blockchain tracking service, recently reported a significant Bitcoin transfer: a staggering 2,849 BTC, valued at approximately $312 million, moved from an unknown wallet directly to Galaxy Digital. This isn’t just another transaction; it’s
Mark Branson, the German regulator at the helm of the Federal Financial Supervisory Authority (BaFin), remains staunchly anti-Bitcoin despite the significant progress that the cryptocurrency has made over the past few years in terms of institutional adoption. The fact that Bitcoin and other popular cryptocurrencies have gained mainstream adoption does not make them “sensible” investments,
Bitcoin has lost steam, falling 1.3% and just below $110,000 Thursday morning, but ETF flows have been strong, and that may be the key to BTC escaping another Red September, an analyst told Decrypt. CryptoQuant blockchain analyst JA_Maartun said market data shows that Bitcoin in longterm holder wallets has been steadily moving into ETFs. Source:
Bitcoin’s (BTC) feeble bounce this week ran out of gas on Thursday, with prices slipping back below $110,000 and some market watchers warning of a deeper pullback. The largest cryptocurrency fell 2.2% over 24 hours to $109,500, erasing half the gains it made from the weekend’s low of $107,000 as it topped $112,600 on Wednesday.
As expected this late in the cycle, Michael Saylor’s strategy of tying his companies’ fortunes to Bitcoin is drawing close inspection, and this time it’s the stock chart that is under review. The task to do this was taken by legendary trader Peter Brandt, who recently posted a weekly view of MSTR and captioned it
In a new X post, Max Keiser, renowned Bitcoin evangelist, has placed Strategy (MSTR) and its chairman, Michael Saylor, in the same category as Elon Musk and Tesla. The essence of Keiser’s message is that the premium on MSTR stock reflects more than just the Bitcoin holdings of the company, but investor confidence in Saylor.
Bitcoin is consolidating after recent volatility, holding around the $110K zone. Both the daily and 4-hour charts show mixed signals, with momentum slowing but buyers still trying to push the price back higher. Meanwhile, funding rates provide interesting insight into market sentiment, hinting at leverage positioning among traders. Technical Analysis By Shayan The Daily Chart
In a recent tweet, Michael Saylor, a vocal Bitcoin evangelist and founder of Strategy, addressed the global crypto community, sharing with them the secret knowledge of any Bitcoiner that ensures their long-term success. Meanwhile, the Bitcoin price has fallen back to the $110,000 level, striving to reverse and surge towards earlier highs. Saylor’s BTC success