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First Mover Americas: Bitcoin Jumps to $26.5K as Trading Volume Increases
The latest price moves in crypto markets in context for August 24, 2023.
Coindesk·2023/08/24 04:30
SOL, ADA Lead Crypto Majors' Gains as Bitcoin Traders Move Past $1B Liquidation Event
Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.
Coindesk·2023/08/24 00:44
Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains
Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.
Coindesk·2023/08/23 13:31
VIPNoteworthy Bitcoin-themed memecoinsBitget·2023/08/23 06:00
VIPLeading Projects in the LSDfi (Liquidity Staking Derivative Finance) EcosystemBitget·2023/08/16 06:00
VIPTelegram bot sector recommendationsBitget·2023/08/09 06:00
VIPLSD (Liquid Staking Derivative) Top ProjectsBitget·2023/08/02 06:00
VIPLeading projects in the RWA (Real-World Assets) ecosystemBitget·2023/07/26 06:00
Bitcoin gets $28K ‘plunge protection’ with BTC price due new volatility
Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next.
Cointelegraph·2023/07/26 05:04
Bitcoin Whale Moves $37M BTC After 11 Years of Dormancy
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
Coindesk·2023/07/26 01:41
Flash
- 13:17MicroStrategy has once again purchased 55,500 BTC, bringing its current holdings to 386,700 BTCAccording to a post by Michael Saylor on platform X, MicroStrategy has once again purchased 55,500 BTC at a price of approximately $5.4 billion, achieving a quarterly return rate of 35.2% and an annual return rate of 59.3% for BTC so far this year. As of November 24, 2024, the holdings reached 386,700 BTC.
- 13:06Due to being listed on Robinhood, WIF has made a short-term breakthrough to $3.6Bitget market data, WIF broke through $3.6, with a 24-hour increase of 17.37%, currently reported at $3.6. Market news, WIF is listed on Robinhood.
- 13:01Bernstein has raised the target price for MicroStrategy to $600 by the end of 2025ChainCatcher reports that Bernstein analysts predict MicroStrategy's Bitcoin holdings will rise from 1.7% of the circulating supply to 4% over the next decade, and have updated MSTR's target price to $600 by the end of 2025. According to data from TradingView, Bernstein previously set a target price of $290 in June when the stock was trading at around $148. It reached this price on November 11th, with nearly a 100% increase in the past month and a year-to-date increase of 509%. Analysts' assessment of MicroStrategy depends on three factors: firstly, whether investors are structurally bullish on Bitcoin; secondly, whether there is liquidity or bankruptcy risk for MicroStrategy; thirdly, whether the company can expand its capital scale in the long term. They believe that under favorable regulatory conditions and support from Trump's incoming administration as well as growing institutional adoption coupled with low interest rates, inflation risks and record fiscal debt macroeconomic backdrop - Bitcoin is currently in a sustained bull market.
