Bitcoin News

Bitcoin News

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MicroStrategy CEO Michael Saylor: 'BTC Will Be a $100T Market Cap Asset'

MicroStrategy is the largest corporate owner of bitcoin, now holding 121,044 BTC worth about $3.6 billion at an average purchase price of roughly $29,534 each. CEO Michael Saylor shares insights into his vision and buying strategy for bitcoin, discussing the potential impact of inflation and regulation. ​"I think eventually, bitcoin as an asset class becomes a $100 trillion asset class," Saylor said. "It replaces gold ... bond portfolios ... why can't it grow by a factor of 100?"

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Market Wrap: Bitcoin Underperforms as Ether and Other Altcoins Rise

Ether was up about 5% over the past 24 hours compared to bitcoin’s flat performance.

Altcoins rise (Soumyadip Sarkar, Unsplash)

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$10M Yacht for Sale, DOGE Accepted

The owners of Italian-built Vianne, a 170-foot yacht, said prospective buyers would be able to buy the vessel with a 10% fiat deposit and the rest in crypto in bitcoin, ether, and dogecoin. It will also accept SOL, FTM, BNB, or "top tier" NFTs from the CryptoPunk or Bored Ape Yacht Club collections. "The Hash" squad discusses the latest signal of a broader embrace of crypto by the luxury goods industry.

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Bitcoin Declined Below $58K; Support Between $53K-$55K

The cryptocurrency is down about 2% over the past 24 hours and is roughly flat over the past week.

Bitcoin four-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

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What’s Next as Bitcoin Recovers From Sell-Offs?

Bitcoin’s price momentum is starting to recover on the daily chart from last Friday, which saw its worst trading day since September. WisdomTree Head of Digital Assets Jason Guthrie shares insights into the possible catalyst behind Friday’s bloodbath.

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Bitcoin Back on the Defensive as Moderna CEO Warns of Reduced Vaccine Efficacy, Exchange Inflows Eyed

Bitcoin slipped 2.5%, hitting lows of under $56,000, while the futures tied to the S&P 500 declined by 1.2%.

coronavirus vaccine (Pixabay)

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First Mover Asia: Bitcoin Rebound Continues Into Third Day Amid Lessening Omicron Fears

Ether and all but one other altcoin ranked among CoinDesk’s top 20 by market cap also rose.

(Jared Schwitzke/Unsplash)

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Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips

Bitcoin is up about 6% over the past 24 hours. Analysts expect short-term price gains.

Bull and bear (Credit: Shutterstock)

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Bitcoin supera los $58.000 con la atención puesta en Ómicron y el discurso del presidente de la Fed

Existe un consenso en el mercado de que los bancos centrales y los gobiernos intervendrían rápidamente con más estímulos si los precios de los activos se desplomaran ante posibles confinamientos en las principales economías.

Gráfico por horas de la cotización de bitcoin el 29 de noviembre (TradingView)

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Bitcoin’s Hourly Chart Signals Possible Bull Run Ahead

Bitcoin’s recovery has taken the shape of a bull flag on the hourly chart. A breakout could accelerate the recovery, perhaps bringing a re-test of $60,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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