Bitcoin
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Cryptocurrency
Genius Group Boosts Bitcoin Holdings with $10 Million Acquisition
In a significant move towards reinforcing its financial strategy, Genius Group Limited, a pioneering AI-powered education company, has announced an additional purchase of Bitcoin worth $10 million. This acquisition elevates the company’s total Bitcoin holdings to an impressive 319.4 units, collectively valued at approximately $30 million. The average purchase price for these holdings stands at $93,919 per Bitcoin, showcasing a strategic investment in cryptocurrency. Commitment to a Bitcoin-First Strategy Since…
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Cryptocurrency
Genius Group Boosts Bitcoin Holdings with $10 Million Acquisition
Strategic Expansion of Bitcoin Holdings In a significant move, Genius Group Limited, a pioneering force in AI-driven, Bitcoin-centric education, has recently increased its Bitcoin Treasury by securing an additional $10 million worth of Bitcoin. This acquisition boosts the company’s total Bitcoin holdings to 319.4, with a valuation of $30 million. The average purchase price stands at $93,919 per Bitcoin. Commitment to a Bitcoin-First Strategy Genius Group Limited has exhibited a…
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Cryptocurrency
MicroStrategy Acquires 2,138 Bitcoin for Approximately $209 Million
MicroStrategy’s Recent Bitcoin Acquisition MicroStrategy has recently expanded its Bitcoin portfolio by acquiring 2,138 BTC for approximately $209 million, which translates to an average price of $97,837 per Bitcoin. This strategic move has resulted in a Bitcoin yield of 47.8% for the current quarter and an impressive 74.1% year-to-date. As of December 30th, MicroStrategy holds a substantial total of 446,400 BTC, acquired at an average price of $62,428 per Bitcoin,…
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Cryptocurrency
MicroStrategy Acquires 2,138 Bitcoin for Approximately $209 Million
MicroStrategy has made a significant investment in Bitcoin, acquiring 2,138 BTC for approximately $209 million, which translates to around $97,837 per Bitcoin. This bold move has resulted in a Bitcoin yield of 47.8% for the quarter to date (QTD) and an impressive 74.1% year to date (YTD). By December 30th, the company held a substantial 446,400 BTC, valued at about $27.9 billion, with an average cost of $62,428 per Bitcoin.…
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Cryptocurrency
Will It Be a $120K Surge or a $78K Decline? What’s Ahead?
In a landmark moment earlier this month, Bitcoin (BTC) surpassed the $100,000 mark for the first time since its inception, marking a pivotal moment in the 2024/2025 bull market. This unprecedented rise was seen as a significant bullish milestone. However, the rapid shift of crypto investments toward large and mid-cap altcoins, in anticipation of a parabolic altseason in 2025, has somewhat dampened Bitcoin’s bullish momentum. Currently, Bitcoin has experienced a…
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Cryptocurrency
$120K Surge or $78K Decline – What Lies Ahead?
Bitcoin (BTC) made headlines earlier this month by crossing the $100,000 mark for the first time in its history, a milestone that signifies a significant bullish phase in the 2024/2025 bull market. However, the rapid shift of investment from Bitcoin to large and mid-cap altcoins, in anticipation of a major altseason in 2025, has tempered the earlier positive sentiment towards Bitcoin. Bitcoin’s Current Market Performance Recently, Bitcoin has experienced a…
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Cryptocurrency
What’s Causing Today’s Decline in Bitcoin Prices?
The cryptocurrency market is witnessing notable fluctuations, with Bitcoin experiencing a decline of over two percent recently. On Sunday, Bitcoin reached a low of $92,941, marking a significant moment in its price trajectory. However, the cryptocurrency has since rebounded, trading above the $93,000 mark. According to reports from Santiment, the post-Christmas dip across the crypto markets has sparked a positive trend, with large holders of cryptocurrencies, often referred to as…
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Cryptocurrency
What’s Causing Bitcoin’s Price to Fall Today?
As of the latest analysis, the price of Bitcoin has seen a decline of more than two percent. Recently, the cryptocurrency dipped to a low of $92,941 but has since rebounded, trading above the $93,000 threshold. This movement comes in the wake of a post-Christmas market downturn, which has since shown signs of recovery as per reports by Santiment. A notable trend observed is the movement of stablecoins by large…
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Cryptocurrency
Kiyosaki Condemns BlackRock, Forecasts $350K Bitcoin by 2025
Renowned author and financial educator Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” recently shared his insights on significant developments in the cryptocurrency world. In a series of posts on platform X, Kiyosaki highlighted Larry Fink’s recent actions concerning Bitcoin and shed light on Vivek Ramaswamy’s criticism of Fink and BlackRock. Larry Fink’s Bitcoin Strategy Under Scrutiny Larry Fink, CEO of BlackRock, made headlines with his decision…
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Cryptocurrency
Kiyosaki Condemns BlackRock, Forecasts Bitcoin to Hit $350K by 2025
Renowned author Robert Kiyosaki, best known for his influential book “Rich Dad Poor Dad,” recently made waves on social media platform X. He highlighted a significant move by Larry Fink, CEO of BlackRock, who reportedly dumped Bitcoin, sparking a myriad of reactions and discussions within the financial community. This move is noteworthy, especially given the broader context of criticisms directed at Fink and BlackRock by investor Vivek Ramaswamy. Ramaswamy accused…
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