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MicroStrategy acquires another 15,350 bitcoin for $1.5 billion, taking holdings to 439,000 BTC

MicroStrategy acquired 15,350 BTC for $1.5 billion, raising total holdings to 439,000 BTC worth over $45 billion, while joining Nasdaq 100 and eyeing S&P 500 inclusion.

theblock.co • 16/12/2024 - 13:12 PM

Global crypto investment product YTD inflows quadruple any other year: CoinShares

Global crypto funds saw inflows of $3.2 billion, reaching a record $44.5 billion this year, driven by Bitcoin and Ethereum ETFs amid rising prices.

theblock.co • 16/12/2024 - 11:16 AM

BITCOIN

Bitcoin price registered a fresh all-time high above $106,000

Bitcoin hits a new high of $106,352, with ongoing positive sentiment fueled by institutional interest and upcoming U.S. Federal Reserve decisions impacting market expectations.

theblock.co • 16/12/2024 - 04:46 AM

BITCOIN

MicroStrategy to join Nasdaq 100, QQQ ETF following 500% rally this year

MicroStrategy will join the Nasdaq 100 on December 23, significantly impacting its share purchases and aiming for S&P 500 inclusion in 2025 as its Bitcoin strategy dominates.

theblock.co • 14/12/2024 - 19:42 PM

Justin Sun-connected BiT Global sues Coinbase for delisting wBTC and launching competitor

BiT Global, led by Justin Sun, is suing Coinbase for delisting wBTC, claiming anti-competitive practices as Coinbase launched its own competing product, cbBTC.

theblock.co • 13/12/2024 - 18:47 PM

US spot Bitcoin ETFs surpass 500,000 BTC in cumulative net inflows

U.S. spot Bitcoin ETFs surpassed 500,000 BTC in inflows, with significant growth led by major funds like BlackRock's IBIT and Fidelity's FBTC, outpacing Satoshi's holdings.

theblock.co • 12/12/2024 - 10:52 AM

The Daily: Ray Dalio recommends bitcoin amid rising debt levels, MicroStrategy eyes Nasdaq 100 inclusion and more

Ray Dalio endorses bitcoin and gold as hard money, while analysts predict MicroStrategy's Nasdaq 100 inclusion. Citi highlights stablecoins' role in reinforcing the U.S. dollar.

theblock.co • 11/12/2024 - 18:49 PM

Citi says stablecoins challenge the idea of bitcoin ending US dollar's dominance

Citi Wealth strategists argue that stablecoins reinforce the U.S. dollar's dominance instead of undermining it, highlighting their growing importance in global finance.

theblock.co • 11/12/2024 - 16:16 PM

Bernstein predicts MicroStrategy's momentum to further accelerate amid potential Nasdaq 100 inclusion

Bernstein analysts expect MicroStrategy's strong performance to continue with Nasdaq 100 inclusion, despite concerns over premiums to NAV and its heavy bitcoin investments.

theblock.co • 11/12/2024 - 12:01 PM

BITCOIN

Billionaire investor Ray Dalio recommends bitcoin as 'hard money' amid national debt increases

Ray Dalio now prefers gold and bitcoin over debt assets due to rising global indebtedness, despite prior skepticism towards bitcoin as effective money.

theblock.co • 11/12/2024 - 08:57 AM

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