Bitcoin
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Cryptocurrency
Crypto Value Update (January 7th, 2025): Bitcoin Surpasses $100,000
The cryptocurrency market is experiencing a wave of optimism as it enters the Asian trading hours. The total market capitalization has risen by 1.06% over the last 24 hours, reaching a substantial $3.58 trillion. Trading activity has also seen a remarkable increase, with daily volumes surging by 39.66% to $127.33 billion. This positive trend is reflected in the Fear & Greed Index, which currently stands at 66, indicating a growing…
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Cryptocurrency
Six Warning Signs of a Market Downturn
Bitcoin has recently shown signs of improvement in its price action, following a period of struggle to break past the 21-day moving average. As of now, Bitcoin has managed to climb slightly above this average, registering a more than three percent increase and trading just above the $101k mark. Despite this positive movement, the cryptocurrency faces several challenges that could hinder its progress. Lack of Major Announcements The dynamics of…
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Cryptocurrency
Six Warning Signs of a Market Downturn
Bitcoin has recently shown signs of improvement after grappling with resistance below the 21-day moving average throughout much of December. The cryptocurrency has managed to climb above this critical moving average, marking a positive shift. However, it still faces substantial resistance levels. As of now, Bitcoin is experiencing a more than three percent increase and is trading slightly above the $101k threshold. Potential Downturn Factors Despite the recent uptick, several…
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Cryptocurrency
KULR Increases Bitcoin Holdings by $21 Million, Attains 93.7% BTC Yield
Introduction to KULR’s Bitcoin Strategy In a groundbreaking advancement in the realm of advanced energy management platforms, KULR has taken a bold step by significantly enhancing its Bitcoin Treasury. This strategic decision underscores the company’s commitment to leveraging cryptocurrency as a pivotal element of its financial strategy. Details of the Bitcoin Acquisition KULR has recently increased its Bitcoin purchases by an additional $21 million, bringing the total value of its…
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Cryptocurrency
KULR Increases Bitcoin Holdings by $21 Million, Reaches 93.7% BTC Return
In a notable advancement within the realm of cryptocurrency investments, KULR, a pioneering force in advanced energy management solutions, has announced a substantial enhancement of its Bitcoin Treasury. The company has made a decisive move by boosting its Bitcoin acquisitions with an additional investment of $21 million. This strategic decision elevates their total Bitcoin holdings to an impressive $42 million. Strategic Bitcoin Acquisitions The recent Bitcoin purchases were executed at…
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Cryptocurrency
Microstrategy Acquires 1,070 BTC for $101 Million
MicroStrategy, a pioneer in integrating cryptocurrency into corporate strategy, has recently made waves by acquiring 1,070 Bitcoin (BTC) at an approximate cost of $101 million, with each Bitcoin valued at around $94,004. This strategic acquisition has significantly bolstered the company’s Bitcoin yield, achieving a remarkable 48.0% in the fourth quarter of 2024 and a substantial 74.3% throughout the fiscal year of 2024. As of January 5, 2025, MicroStrategy proudly holds…
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Cryptocurrency
Microstrategy Acquires 1,070 BTC in a $101 Million Deal
MicroStrategy, a leading business intelligence company, has made headlines once again with its latest Bitcoin acquisition. In a strategic move, the company has purchased 1,070 BTC for approximately $101 million, with an average price of around $94,004 per Bitcoin. This acquisition highlights the company’s commitment to cryptocurrency, achieving a Bitcoin yield of 48.0% in Q4 2024 and an impressive 74.3% for the entire fiscal year of 2024. As of January…
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Cryptocurrency
Why is Bitcoin Rising Today? Could BTC Price Soar Beyond $100K?
Bitcoin Price Rebound and Current Trends Since the start of 2025, Bitcoin (BTC) has experienced a significant rebound, rising approximately 6.9 percent. This upward movement is testing a crucial resistance level around $99.3k, observed during the early New York session on Monday, January 6. The apprehension of Bitcoin dropping below the $90k mark has markedly decreased, providing some relief to investors. Investor Sentiment and Market Reactions The Bitcoin fear and…
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Cryptocurrency
Why is Bitcoin Rising Today? Could BTC Price Soar Beyond $100K?
As the calendar ushered in the year 2025, Bitcoin (BTC) has observed a remarkable rebound, surging approximately 6.9 percent. This uptick has brought Bitcoin close to retesting a critical resistance level of around $99.3k, a milestone reached on Monday, January 6, during the early trading sessions in New York. The recovery has eased concerns about a potential dip in Bitcoin’s price below the $90k threshold, a fear that had gripped…
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Cryptocurrency
Might Donald Trump’s 2025 Inauguration Spark Bitcoin’s Next Surge?
November 5, 2025, marked a pivotal moment in American politics as Republican candidate Donald Trump emerged victorious over Democratic opponent Kamala Harris in the US presidential election. This outcome sparked significant enthusiasm within the cryptocurrency community, primarily due to Trump’s campaign promises to foster a conducive environment for the growth of the cryptocurrency sector. With his inauguration slated for January 20, 2025, many experts are predicting a surge in the…
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