Bitcoin Development Company MicroStrategy (MSTR) added 55,500 of the largest cryptocurrency for $5.4 billion, bringing its holdings to 386.700 BTC worth nearly $38 billion. The company paid an average $97,862 per bitcoin in thjs latest purchase, according to a statement Monday morning, and the buys took place over the six [...]
The crypto market should see a pick up in volatility at the end of this week, as the monthly (BTC) and ether (ETH) options contracts are set to expire this Friday. This comes a day after the U.S. bank holiday Thanksgiving, giving traders an opportunity to be thankful for a [...]
Howard Lutnick, chairman of Wall Street trading firm Cantor Fitzgerald, is in discussions with Tether's Giancarlo Devasini about Cantor’s multi-billion dollar program that will allow clients to borrow money using bitcoin as collateral, the Wall Street Journal reported on Sunday. First announced in July, the lending initiative will start with [...]
Bitcoin (BTC) pared last week’s gains with a price drop from $98,500 to as low as $95,500 during late U.S. hours on Sunday, before recovering, in a move that sent the broader crypto market tumbling. BTC dropped more than 3.5% from its peak, with a technical and sentimental pullback on [...]
Popular memecoin Dogecoin {{DOGE}} jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service. Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile. The post included a dollar icon that's different from [...]
The latest price moves in bitcoin (BTC) and crypto markets in context for November 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Dubbed "smart money" of late, retail bitcoiners are starting to sell, but exchange balances are falling, suggesting plenty of buyers.
2024 has been a year of significant progress for the crypto industry, as bitcoin adoption has reached new heights and regulatory clarity has emerged. In this wrap-up, we will take a closer look at the key events and trends that have shaped the crypto space.
The latest price moves in bitcoin (BTC) and crypto markets in context for November 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street, says Taylor Krystkowiak.