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MicroStrategy buys $4.6B of Bitcoin as price hits new highs

MicroStrategy acquired an additional 51,780 BTC worth $4.6 billion, boosting its total holdings to 331,200 Bitcoin as BTC prices hit record highs above $92,400.

MicroStrategy, one of the world’s largest public holders of Bitcoin, continued stacking BTC even as the cryptocurrency broke new highs.

On Nov. 18, MicroStrategy announced it purchased 51,780 Bitcoin (BTC) for about $4.6 billion at an average price of $88,627 per BTC.

With the latest acquisition, MicroStrategy’s total Bitcoin holdings have grown to 331,200 BTC, purchased at an aggregate cost of $16.5 billion. The average price per Bitcoin across all purchases is $49,874.

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$659,850,000 in Bitcoin and Crypto Liquidated in 24 Hours As BTC Shatters $84,000

9,850,000 in Bitcoin and Crypto Liquidated in 24 Hours As BTC Shatters ,000

Bitcoin’s parabolic November continues. The top cryptocurrency just pushed past the $84,000 mark, the latest in a series of all-time highs that has triggered $659.85 million in liquidations in the last 24 hours alone. That, according to the latest on-chain data from Coinglass. The move higher has also triggered all-time highs for a list of […]

The post $659,850,000 in Bitcoin and Crypto Liquidated in 24 Hours As BTC Shatters $84,000 appeared first on The Daily Hodl.

Hashing It Out: How Web3 makes shopping better with crypto cash-back

Bitcoin Price Predictions for End of 2024 and the Forecasted Outlook for 2025

Bitcoin Price Predictions for End of 2024 and the Forecasted Outlook for 2025Over the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there’s still plenty of optimism that ‘Uptober’ will live up to its reputation. After all, October has historically been a good month for bitcoin, with enthusiasts eagerly awaiting a potential rally as […]

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Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle

Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill BattleAs of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.2% […]

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Bitcoin Primed To Hit New All-Time High if BTC Breaks Above This Resistance Level, According to Crypto Analyst

Bitcoin Primed To Hit New All-Time High if BTC Breaks Above This Resistance Level, According to Crypto Analyst

A widely followed crypto analyst says that Bitcoin (BTC) is gearing up to reach a new all-time high (ATH) if it can break above one crucial resistance zone. In a new strategy session, pseudonymous crypto trader Inmortal tells his 216,300 subscribers on the social media platform X that if the top crypto asset by market […]

The post Bitcoin Primed To Hit New All-Time High if BTC Breaks Above This Resistance Level, According to Crypto Analyst appeared first on The Daily Hodl.

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Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

Gold’s Bull Rally Continues as Interest Rates Get Deep CutsThe gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already been predicted by several analysts and institutions, who also expect […]

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Stacks’ smart contracts reach record high ahead of Nakamoto upgrade

Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

Stacks reached a new all-time high in smart contract deployment just days before the much-anticipated Nakamoto upgrade is fully activated. 

Stacks, the Bitcoin network’s smart contract layer, reached a new all-time high of over 1,400 monthly smart contracts deployed.

Stacks announced the record high in a Sept. 7 X post:

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Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity RallyThe price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due to climate factors and Brazil’s worst orange harvest […]

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Bitcoin Could Be Weeks Away From a New All-Time High, According to Michaël van de Poppe – But There’s a Catch

Bitcoin Could Be Weeks Away From a New All-Time High, According to Michaël van de Poppe – But There’s a Catch

Widely followed analyst and trader Michaël van de Poppe believes Bitcoin (BTC) could be just weeks away from hitting a new all-time high (ATH). Van de Poppe tells his 722,100 followers on the social media platform X that as long as Bitcoin holds the $60,000 level as support the crypto king could soon take off […]

The post Bitcoin Could Be Weeks Away From a New All-Time High, According to Michaël van de Poppe – But There’s a Catch appeared first on The Daily Hodl.

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Bitcoin To Have a ‘Great Second-Half’ of 2024, Says Crypto Analyst Michaël van de Poppe – Here Are His Targets

Bitcoin To Have a ‘Great Second-Half’ of 2024, Says Crypto Analyst Michaël van de Poppe – Here Are His Targets

A closely followed crypto analyst says that Bitcoin (BTC) is going to have a great second half of the year. In a new strategy session, crypto trader Michaël van de Poppe tells his 722,400 followers on the social media platform X that the crypto king should finish 2024 with strength as inflows from exchange-traded funds […]

The post Bitcoin To Have a ‘Great Second-Half’ of 2024, Says Crypto Analyst Michaël van de Poppe – Here Are His Targets appeared first on The Daily Hodl.

Hashing It Out: How Web3 makes shopping better with crypto cash-back