Tags : Continues

Bitcoin

MicroStrategy continues to bet on Bitcoin with new $15 million

There’s no let-up in MicroStrategy’s Bitcoin buying spree as CEO Michael Saylor announced yet another $15 million purchase today. Saylor tweeted that the firm had acquired an additional 253 BTC at an average purchase price of $59,339 per token. This takes MicroStrategy’s aggregate holdings to 91,579 Bitcoin, at the cost of $2.226 billion, with an […]Read More

Bitcoin

Bitcoin’s Correlation to the Stock Market Continues to Fall: A

As decentralized digital assets, Bitcoin and the crypto market at large has often been regarded as an isolated bubble or safe haven from the traditional stock market. But as an asset class, cryptos have always been fundamentally tied to equities, closely tracing price levels of major indices. This was clearly displayed in the global stock […]Read More

Market

Over $41,000: Bitcoin Continues to Forge New Highs

Another day, another record high for bitcoin’s price. The top cryptocurrency printed a new peak price of $41,478 [updated 11:28 UTC] Friday, surpassing the lifetime high of $40,123 reached on Thursday, according to CoinDesk 20 data. Year-to-date gains are now over 40%. Prices have more than doubled in less than a month in a move […]Read More

Litecoin

Litecoin (LTC) continues to surge with another intraday rally—but why?

The Litecoin price surged 6% again in the past 24 hours, after a week-long rally. It has become the second-best performing cryptocurrency by weekly gain. What’s triggering the Litecoin price rally? There are three major factors behind the Litecoin price rally: ideal technical structure, Bitcoin’s rally, decent fundamentals. Jonny Moe, a cryptocurrency trader, pinpointed the […]Read More