Michael Saylor, co-founder and executive chairman of the largest Bitcoin treasury company, Strategy, has taken to his official X account to double down on his intention to continue accumulating BTC. “Bullseye”. Bitcoin: Saylor Traditionally, Saylor published an AI-generated image of himself with a completely new look. This time, he is wearing sunglasses and an orange
This Friday, the shares of US cryptocurrency exchange Coinbase hit a new record high for the first time since the company’s initial public offering (IPO) that took place in early 2021. Its shares reached a new intraday high of $433 earlier today, with the company’s market cap swelling to nearly $110 billion. Coinbase’s previous record
The week is ending under bulls’ dominance, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has gone up by 1.29% since yesterday. On the hourly chart, the price of BTC might have set a local support of $118,475. However, there are low chances of seeing sharp moves by tomorrow as most of the daily
Bitcoin traded between $119,057 and $119,368 over the last hour, reflecting minimal intraday movement. With a market capitalization of $2.36 trillion and 24-hour trading volume at $57.83 billion, the cryptocurrency maintained a narrow intraday price range of $117,715 to $120,689. Bitcoin Bitcoin remains in a medium-term uptrend, having rallied from a swing low of $98,240
The dollar index, which tracks the U.S. dollar’s value against a basket of fiat currencies, has seen a notable bounce following its worst six months in decades. Analysts, expected further gains in the short-term, but ruled out a full-blown bullish trend. The DXY has gained 1.40% to 98.30, bouncing off the three-year low of 96.37,
There’s speculation about when the Fed will resume its interest rate cuts, which have been on hold since January. At this point, the majority of Fed members expect the first rate cut of the year to occur in July or September at the latest. Speaking recently, Fed member Christopher Waller stated that he wants to
Michael Saylor of Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, believes Bitcoin (BTC) will outperform the S&P 500 (SPY) by 6-8% annually. In a recent interview, Saylor outlined annual targets of 12% for the S&P 500 and 18-20% for Bitcoin. His reasoning is straightforward: Bitcoin doesn’t have the counterparty risk of corporate structures or currency
LD Capital Founder Jack Yi believes UNI has the potential to reach new highs as it follows Bitcoin and Ethereum’s lead in the bullish rally. The asset is the third largest in the company’s balance sheet. In a recent post, the LD Capital founder highlights the characteristics that make Uniswap’s (UNI) native token a strong
The next price trajectory for Bitcoin is shrouded in uncertainty, as Peter Brandt has identified that Bitcoin is at a critical junction. “Which way will the Banana Split?” Brandt asked in an X post on Friday. An accompanying chart shows that Bitcoin is now at a critical price level, and its price reaction will determine
Bitcoin’s price has moved just 2% this week, even as altcoins fly. But don’t let the quiet fool you. Under the surface, whales are moving, and the data suggests a short-term cooldown may be coming before BTC gears up for its next run. Whale-Led Exchange Inflows Raise Red Flag Bitcoin’s short-term momentum may be under