
Bitcoin Surges Past $64K Despite MicroStrategy's $216M BTC Sale
Bitcoin's price surged past $64,000, recovering from an earlier selloff despite MicroStrategy's recent $216 million BTC sale, indicating strong market resilience.
Page 2 of 12 · 271 articles

Bitcoin's price surged past $64,000, recovering from an earlier selloff despite MicroStrategy's recent $216 million BTC sale, indicating strong market resilience.

MicroStrategy has reportedly sold hundreds of millions of dollars worth of Bitcoin, prompting scrutiny over its long-standing capital allocation playbook.

Bitcoin's price dropped by up to 4% after MicroStrategy sold 3,600 BTC, though analysts anticipate a new buy announcement soon.

Cantor believes MicroStrategy's preferred shares must return to their $100 par value to reignite the company's capital engine.

MicroStrategy sold 3,588 BTC for $216 million to fund dividend payments, while Bernstein maintained its $150,000 Bitcoin price target.

MicroStrategy sold 3,588 Bitcoin last week, raising $216 million to replenish dollar reserves for preferred stock dividends.

The positive U.S. inflation outlook is providing significant support for Bitcoin investors, propelling the cryptocurrency to its best weekly gain since March.

Bitcoin saw its highest close in nearly two weeks, but needs to push beyond $65,000 for a trend inflection, with $60.4K as a key area.

A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC amidst a New York lawsuit targeting inactive crypto holdings.

Bitcoin briefly surged to $63,882 overnight on Sunday before a swift reversal saw its price retreat to approximately $62,900.

Barstool Sports founder Dave Portnoy has declared he will hold his Bitcoin investment "all the way down to zero" after buying near $100,000.

Binance founder Changpeng Zhao has suggested freezing Satoshi Nakamoto's 1.1 million Bitcoin to protect it from future quantum computer theft.

John Bollinger, creator of Bollinger Bands, suggests Bitcoin's recent rebound signals a potential bear-market end, eyeing a "W"-shaped reversal pattern.

Tim Draper denied moving 1,000 BTC to Coinbase Prime after blockchain analysts linked him to the transfer, reaffirming his $250,000 prediction.

Bitcoin's current cycle saw $697 billion in new capital generate a 689% gain, suggesting $1 trillion may be needed for its next parabolic run.

Bitcoin's Profit and Loss (P&L) ratio has plummeted to a 43-month low, leading experts like Bitwise CIO Matt Hougan to suggest a market bottom is near.

A key Bitcoin supply metric has flashed its first 'buy' signal since November 2022, hinting at a potential end to the bear market.

US spot Bitcoin ETFs recorded a significant $221.7 million in daily inflows, marking their best performance since early May.

Recent analysis indicates that more than half of the circulating Bitcoin supply is currently held at an unrealized loss, marking a significant shift in market dynamics.

Bitcoin spot exchange-traded funds (ETFs) saw a substantial $221 million in inflows, halting a 10-day streak of outflows.

SBI Crypto will discontinue its Bitcoin mining pool operations, which represent approximately 2% of the global hashrate, by July 31.

A Nasdaq-listed Korean media company has liquidated its entire Bitcoin holdings, confirming a zero balance after once aiming for 10,000 BTC.

SBI Crypto will shut down its Bitcoin mining pool on July 31 after five years, which held 2.2% of the global hashrate.

Bitcoin jumped more than 4% to trade above $61,000, reaching its strongest point in over a week, after Fed Chair Kevin Warsh indicated easing inflation risks.