Susan Bertolino
liked
$Bitcoin (BTC.CC)$
Key Highlights
Bitcoin briefly climbed above $71,000 amid election and earnings speculation
The price of bitcoin rose around 5% to $71,300.00 according to Coin Metrics
$Coinbase (COIN.US)$ rose 5%, and $MicroStrategy (MSTR.US)$ surged nearly 9% in regular trading on Monday
Bitcoin last reached $71,000 in June and set a record of $73,797.68 in March
Bitcoin's range has been between $55,000 and...
Key Highlights
Bitcoin briefly climbed above $71,000 amid election and earnings speculation
The price of bitcoin rose around 5% to $71,300.00 according to Coin Metrics
$Coinbase (COIN.US)$ rose 5%, and $MicroStrategy (MSTR.US)$ surged nearly 9% in regular trading on Monday
Bitcoin last reached $71,000 in June and set a record of $73,797.68 in March
Bitcoin's range has been between $55,000 and...
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Susan Bertolino
liked
$MicroStrategy (MSTR.US)$ shares rose 8% on Friday and 24% for the week.
Founder and Chairman Michael Saylor said the company added another $1.1 billion worth of bitcoin to its coffers.
At the current price, the company’s 244,800 bitcoin are worth $14.6 billion.
Founder and Chairman Michael Saylor said the company added another $1.1 billion worth of bitcoin to its coffers.
At the current price, the company’s 244,800 bitcoin are worth $14.6 billion.
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Susan Bertolino
liked
$Bitcoin (BTC.CC)$
Investment Opportunities in BTC Amid the Fed's Aggressive Rate Cut
The Federal Reserve's recent decision to slash interest rates by 50 basis points, double the anticipated reduction, underscores mounting concerns about the health of the U.S. economy. This aggressive monetary policy shift, which brings the federal funds rate down to a range of 4.75% to 5%, not only signals a pivot from inflation-fighting to economic support but also pre...
Investment Opportunities in BTC Amid the Fed's Aggressive Rate Cut
The Federal Reserve's recent decision to slash interest rates by 50 basis points, double the anticipated reduction, underscores mounting concerns about the health of the U.S. economy. This aggressive monetary policy shift, which brings the federal funds rate down to a range of 4.75% to 5%, not only signals a pivot from inflation-fighting to economic support but also pre...
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$Bitcoin (BTC.CC)$
Bitcoin long-term holder realized cap hits $3 billion
BTC price has closed below the 200-day EMA only three times in 2024. As the chart below shows, July 4 marked the first bearish close under the 200-day EMA.
The BTC/USD pair reclaimed a position above the EMA in less than ten days. This time around, the asset spent less than 24 hours before it was back above the indicator, confirming that bullish momentum is slowly picking...
Bitcoin long-term holder realized cap hits $3 billion
BTC price has closed below the 200-day EMA only three times in 2024. As the chart below shows, July 4 marked the first bearish close under the 200-day EMA.
The BTC/USD pair reclaimed a position above the EMA in less than ten days. This time around, the asset spent less than 24 hours before it was back above the indicator, confirming that bullish momentum is slowly picking...
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$MARA Holdings (MARA.US)$ $Bitcoin (BTC.CC)$
Marathon Digital closes $300M offering of 2.125% Convertible Senior Notes due 2031.
Net proceeds from the offering totaled approximately $292.5M.
Marathon acquired 4,144 Bitcoin for $249M, at an average price of $59,500 per Bitcoin.
Notes bear interest at 2.125% annually, with maturity on September 1, 2031.
Holders can convert notes into cash, shares of MARA stock,...
Marathon Digital closes $300M offering of 2.125% Convertible Senior Notes due 2031.
Net proceeds from the offering totaled approximately $292.5M.
Marathon acquired 4,144 Bitcoin for $249M, at an average price of $59,500 per Bitcoin.
Notes bear interest at 2.125% annually, with maturity on September 1, 2031.
Holders can convert notes into cash, shares of MARA stock,...
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$Bitcoin (BTC.CC)$
The catalysts that could drive the price of bitcoin (BTC) and broader cryptocurrency markets higher are mostly factored in, said banking giant JPMorgan.
Digital assets prices saw their biggest selloff since the 2022 FTX implosion earlier this week, mostly driven by contagion in traditional markets, with bitcoin falling more than 15% before rebounding somewhat, the bank's analysts wrote. The selloff in ...
The catalysts that could drive the price of bitcoin (BTC) and broader cryptocurrency markets higher are mostly factored in, said banking giant JPMorgan.
Digital assets prices saw their biggest selloff since the 2022 FTX implosion earlier this week, mostly driven by contagion in traditional markets, with bitcoin falling more than 15% before rebounding somewhat, the bank's analysts wrote. The selloff in ...
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$Bitcoin (BTC.CC)$
Key:
Bitcoin drops over 14%, hitting $50,759.96.
Lowest since Feb. 13 at $49,111.10.
Bitcoin down nearly 18% since Saturday.
Ether plunges 17% to $2,259.35.
Coinbase shares fall 18%, MicroStrategy down 22%.
Japan stocks suffer worst one-day sell-off since 1987.
Market fears driven by weak July jobs report and recession concerns.
Bitcoin still up 20% year-to-date despite recent losses.
Thirty percent slumps, as scary as t...
Key:
Bitcoin drops over 14%, hitting $50,759.96.
Lowest since Feb. 13 at $49,111.10.
Bitcoin down nearly 18% since Saturday.
Ether plunges 17% to $2,259.35.
Coinbase shares fall 18%, MicroStrategy down 22%.
Japan stocks suffer worst one-day sell-off since 1987.
Market fears driven by weak July jobs report and recession concerns.
Bitcoin still up 20% year-to-date despite recent losses.
Thirty percent slumps, as scary as t...
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Susan Bertolino
liked
$Bitcoin (BTC.CC)$ $Trump Media & Technology (DJT.US)$
Bitcoin is a ‘miracle of cooperation and human achievement’
Trump said that Bitcoin is a ‘marvel of technology’ that showcases the epitome of cooperation and achievement. He added that Bitcoin has already become bigger than ExxonMobil, and given its growth rate, he compared it to the ‘steel industry 100 years ago.’
Trump also highlighted that Bitcoin leaders and developers have a rare ...
Bitcoin is a ‘miracle of cooperation and human achievement’
Trump said that Bitcoin is a ‘marvel of technology’ that showcases the epitome of cooperation and achievement. He added that Bitcoin has already become bigger than ExxonMobil, and given its growth rate, he compared it to the ‘steel industry 100 years ago.’
Trump also highlighted that Bitcoin leaders and developers have a rare ...
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$Bitcoin (BTC.CC)$
Bitcoin price drop coincides with the US stock market decline
Bitcoin’s price decline coincides with the Nasdaq index futures movement, which experienced a 4.9% correction between July 23 and July 24. Traders now question if the drivers behind the stock market decline, especially the tech names, justify the correlation with the cryptocurrency market. If investors’ concerns are mostly derived from economic recession fears, Bitcoin’s long-t...
Bitcoin price drop coincides with the US stock market decline
Bitcoin’s price decline coincides with the Nasdaq index futures movement, which experienced a 4.9% correction between July 23 and July 24. Traders now question if the drivers behind the stock market decline, especially the tech names, justify the correlation with the cryptocurrency market. If investors’ concerns are mostly derived from economic recession fears, Bitcoin’s long-t...
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$Ethereum (ETH.CC)$ $Bitcoin (BTC.CC)$
Ether ETFs' Day One Done, Bitcoin ETFs See Outflows
The spot ether ETFs saw more than $1 billion worth of trading on their first day, which led to $107 million of inflows into these new products. For now, outflows from the preexisting Grayscale Ethereum Trust ( $Grayscale Ethereum Trust (ETHE.US)$ ) are likely to limit the combined net inflows for the spot ether ETFs.
While the spot bitcoin ETFs had been expe...
Ether ETFs' Day One Done, Bitcoin ETFs See Outflows
The spot ether ETFs saw more than $1 billion worth of trading on their first day, which led to $107 million of inflows into these new products. For now, outflows from the preexisting Grayscale Ethereum Trust ( $Grayscale Ethereum Trust (ETHE.US)$ ) are likely to limit the combined net inflows for the spot ether ETFs.
While the spot bitcoin ETFs had been expe...
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