Thursday, June 20, 2024

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest PurchaseNasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering of convertible senior notes that offer a 2.25% annual interest rate. MSTR Now Hodls […]

via Kevin Helms

Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand

Report: Bitcoin Market Lacks Upward Momentum Amid Weak DemandBitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could either support the price or signal a correction, according to the latest analysis from Cryptoquant researchers. Cryptoquant: […]

via Jamie Redman

Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit

Nigerian Court Dismisses Fugitive Binance Exec's Rights LawsuitA Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s lack of legal representation as one of the reasons for dismissing the lawsuit. Binance Exec’s Lack of Representation Leads to Lawsuit Dismissal A Nigerian Court […]

via Terence Zimwara

Wednesday, June 19, 2024

Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJT

Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJTMartin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto asset themed after Donald Trump. The revelation comes as the token’s association with the Trump campaign remains unverified, stirring significant speculation and controversy. ‘Pharma Bro’ Martin Shkreli Allegedly Co-Creates Trump Crypto Token In a recent […]

via Jamie Redman

NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days

NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 DaysBased on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether. Major Declines in Cryptopunks, BAYC, and […]

via Jamie Redman

Bitcoin Technical Analysis: Bearish Sentiment Tightens Grip as BTC’s Downtrend Continues

Bitcoin Technical Analysis: Bearish Sentiment Tightens Grip as BTC’s Downtrend ContinuesAs of June 19, 2024, bitcoin’s price is $65,283, fluctuating within an intraday range of $64,149 to $65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $31.28 billion, with a market capitalization of $1.28 trillion. Bitcoin Bitcoin’s oscillators reflect mixed sentiment. The relative strength index (RSI) is at 41, suggesting neutrality. Similarly, […]

via Jamie Redman

CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis

Curve DAO surges off of the lows.Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase in purchasing during the post-liquidation price dip. This resurgence in CRV’s […]

via Bitcoin.com