Bitcoin Hits New All-Time High, Surpassing $107,195! ————— 💰Coin: Bitcoin ( $BTC ) $106,545.20 ————— NFA.
BTC prices hit a record high of $106,866 recently. The UK FCA warned about the unregistered Retardio Coin. Continue Reading: New Developments Emerge in the Cryptocurrency Market The post New Developments Emerge in the Cryptocurrency Market appeared first on COINTURK NEWS .
Bitcoin (BTC), the world’s leading cryptocurrency, soared to an unprecedented all-time high of $107,140, driven by a confluence of factors reshaping global markets. Bitcoin Smashes Records: $107,140 and Counting This latest price milestone on Monday highlights the growing prominence of digital currencies as mainstream financial assets. Key contributors to bitcoin‘s surge include increased institutional adoption
As BTC hovers near its new all-time highs, the Bitcoin network hashrate has also seen record-breaking figures. The network’s 7-day simple moving average hashrate recorded an all-time high of 805 EH/s on December 15th. The Bitcoin network hashprice also made new highs of $64.53/PHS/Day. The network’s hashrate has registered record-breaking numbers following BTC’s rising value against fiat currencies such as the US dollar and U.S. dollar-pegged stablecoins. The digital asset is trading at $107,080, according to data from CoinMarketcap. Hashrate Index shows BTC network hashrate has hit a new all-time high Both Bitcoin price and mining difficulty have hit a new all-time high today. 🚀 pic.twitter.com/RHNyyLTx0W — Dr. Jan Wüstenfeld (@JanWues) December 16, 2024 Data from Hashrate Index shows that the Bitcoin network’s seven-day simple moving average network hashrate hit an all-time high of 805 EH/s on December 15th. The current reading outperformed the previous high of 789 EH/s recorded on 22nd November. Bitcoin miners also seem to reap better revenue as the asset’s prices continue to surge. Data from Hashrate Index shows that the Bitcoin hashprice index also surged to $64.53/PHS/Day on December 16th, a figure last seen earlier this month. The increasing hash power has caused fluctuations in block times that have dropped below the ten-minute average. According to BitInfoCharts , Bitcoin’s block time has dropped below ten minutes six times since December 1st, with the lowest figure being 8.471 minutes recorded on December 13th. A chart from Glassnode shows that Bitcoin mining difficulty has also increased significantly, hitting new all-time highs. The higher difficulty enhances the Bitcoin network’s security, making it more resilient and less prone to attacks. Marathon Holdings increases MoM mining production by 26% Amid the rising Bitcoin hashprice, leading BTC mining companies registered positive mining results in November. Marathon Holdings announced November was a record-breaking month that saw the miner mine 907 BTC, increasing production by 26% month-over-month. The miner also declared that it had bought an additional 6,474 Bitcoin in November. At the time of this publication, the miner’s total Bitcoin balance is 40,435 Bitcoin worth $4.02 billion as per data from Bitcoin Treasuries. Marathon is the second largest corporate Bitcoin holder after Microstrategy. Riot Platforms Bitcoin mining hit 495 BTC in November On the other hand, Riot Platforms announced it mined 495 Bitcoin in November. The miner also purchased an additional 5,117 Bitcoin worth about $510 million at an average of $99,669 per Bitcoin on December 13th. The miner bought the asset between December 10th and December 12th, bringing its total Bitcoin holdings to 16,728, worth about $1.74 billion at current BTC prices. The U.S.-based mining firm currently ranks third among major corporate Bitcoin holders, including software company Microstrategy and Bitcoin mining firm Marathon Digital Holdings. Core Scientific revealed in its November operations update that it had mined 314 Bitcoin, a lower figure than October’s 369 self-mined Bitcoin. The company also announced it had earned about 29 Bitcoin hosting customers. The announcement also revealed that the miner sold 272 Bitcoin for approximately $23.2 million. CleanSpark announced it had mined 622 Bitcoin in November with an average hashrate of 32.32 EH/s. The miner reported having 9,297 Bitcoin as of November 30th. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Catherine Colivas, an Australian woman, pleaded guilty to kidnapping an unnamed Saudi Arabian royal in February last year as part of a Bitcoin scam that netted $40,000. However, she avoided jail time for her role in the scheme. Catherine Colivas Pleads Guilty To Saudi Arabian Royalty Scam The 24-year-old TikTok influencer previously pleaded guilty to kidnapping, extortion, recklessly causing injury, theft, and gun possession. Still, she walked away from her sentencing on December 16 with just a community corrections order. This is the equivalent to community service in the United States. A woman who regularly posts videos online of her glamorous lifestyle allegedly kidnapped a man in Moorabbin and held him at knifepoint. Full story: https://t.co/kw7eWXQL5I pic.twitter.com/zsHLASeoQI — Herald Sun (@theheraldsun) July 6, 2023 Prosecutors allege that Colivas met with a 23-year-old member of the Saudi Arabian royal family in February of last year for drinks. When he offered to drive her home, he was jumped by three men and driven off against his will. According to news.com.au , the prince was bound with zip ties and threatened to have his fingers cut off should he have failed to pay a $20,000 ransom. The captive royal, who reportedly traded digital assets, then transferred $40,000 to his kidnappers’ accounts. The attackers proceeded to drive the unnamed victim back home, where they stole several luxury items before releasing the prince. Colivas was facing a maximum of 25 years behind bars. However, she got a lesser sentence thanks in part to her weakened mental condition and poor upbringing. Per CoinMarketCap, one Bitcoin on the date of the crime was valued at $23,147. According to Bitcoin calculator Bitbo, the stolen $40,000 worth of the token would now equate to $145,271. Bitcoin Sets Price Records News of the high-profile case and Colivas’ subsequent sentencing comes amid a Bitcoin boom that has seen the token experience a surge following the election of incoming U.S. President Donald Trump. Trump, who launched his family’s crypto platform, World Liberty Financial, earlier this year, has been an outspoken advocate for digital assets . The former reality television has pledged to enact a crypto-friendly regulatory approach to the blockchain sector when he returns to the Oval Office next month. The Satoshi Nakamoto-created cryptocurrency has soared in light of the anticipated more balanced regulatory atmosphere. Bitcoin reached a record high of over $106,000 in the past 24 hours alone. The post Kidnapping Saudi Royal for Bitcoin Ransom: TikTok Star Avoids Jail appeared first on Cryptonews .
MicroStrategy, a business intelligence company and one of the largest corporate holders of Bitcoin ( BTC ), is continuing to stack BTC despite the cryptocurrency surging to new all-time high prices above $106,000. MicroStrategy acquired 15,350 Bitcoin, valued at approximately $1.6 billion, bringing the company’s total Bitcoin holdings to 439,000 Bitcoin (currently over $46 billion), MicroStrategy co-founder, chairman and former CEO Michael Saylor said in a statement on X from Dec. 16. This latest investment was made at an average price of $100,386 per Bitcoin, including fees and expenses, significantly higher than the company’s average purchase price of $61,725 across its holdings. MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR https://t.co/SaWLNBVkrl — Michael Saylor (@saylor) December 16, 2024 The purchases took place between Dec. 9 and Dec. 15, according to the company’s SEC 8-K filing. To fund it, MicroStrategy sold an additional 3.88 million shares during the same period, raising $1.5 billion. MicroStrategy is now the holder of approximately 2.1% of bitcoin’s total supply of 21 million coins. Buying the Top, Not the Deep The latest acquisition underscores MicroStrategy’s ongoing strategy of using Bitcoin as a primary treasury reserve asset. Despite recent market volatility, the company remains bullish on the long-term prospects of the cryptocurrency. From Dec. 2 and 8, MicroStrategy also acquired 21,550 Bitcoin for $2.1 billion at an average price of $98,783 per coin. @MicroStrategy has made another significant move in its Bitcoin accumulation strategy, purchasing 21,550 BTC for approximately $2.1 billion #Bitcoin #MicroStrategy https://t.co/5wcBUv8OsE — Cryptonews.com (@cryptonews) December 9, 2024 Moreover, on Dec. 2, the company purchased 15,400 BTC for approximately $1.5 billion , paying an average price of $95,976 per Bitcoin. MicroStrategy’s Bitcoin holdings have proven to be a profitable investment thus far. According to the company’s SEC 8-K filing, the company has realized a 46.4% return on its Bitcoin investment quarter-to-date and a 72.4% return year-to-date. MicroStrategy Stock Surges as Bitcoin Proxy Joins Nasdaq-100 Index Shares of MicroStrategy (MSTR) soared on Monday, Dec. 16, following Nasdaq’s announcement that the business intelligence firm will join the tech-heavy Nasdaq-100 index . MicroStrategy would be the 40th-largest company in the Nasdaq 100. MSTR joins Nasdaq-100. Source: Nasdaq This inclusion, effective Dec. 23, comes as MicroStrategy’s stock has surged more than 519% year-to-date and more than 16% in the last 24 hours, fueled by the company’s active Bitcoin acquisition strategy and the cryptocurrency’s rise to all-time highs. MSTR has surged more than 519% YTD. Source: Google Finance The inclusion in the index will also add MicroStrategy to one of the world’s largest ETFs, Invesco’s QQQ Trust (QQQ) with more than $300 billion in asset under management (AUM). The post MicroStrategy Acquires 15,350 Bitcoin for $1.5B, Boosting Its Holdings to 439K BTC appeared first on Cryptonews .
The all-time high price record, which came after the Bitcoin price climbed above $106,000 overnight, was broken again in the last minutes. According to Binance data, the world's largest cryptocurrency broke its all-time high price record at $106,648 at 03:39 last night. With the latest rise, it was updated to $106,866. The reason for the rise is thought to be the cryptocurrency-friendly President Donald Trump's inauguration on January 20, the Fed's interest rate cut on Wednesday, and the general positive atmosphere in the cryptocurrency market. Related News: BREAKING: Date Has Been Set In A Major Development For Ripple With the incoming bull rally, the BTC price gained 2% in the last 24 hours. On the other hand, the big rally in question has not yet fully shown itself in altcoins. Most altcoins have not shown double-digit increases in the last 24 hours. Among the top 100 cryptocurrencies, altcoins with double-digit appreciation were recorded as VIRTUAL and BGB. On the other hand, there was a short-term pump for Ripple’s XRP due to the news that the RLUSD stablecoin will be launched on December 17. The world’s largest altcoin, Ethereum, is trading just below the $4,000 mark. *This is not investment advice. Continue Reading: Bitcoin Price Soars Again, Breaking the All-Time Price Record – Here is the Latest Data
MicroStrategy, the Michael Saylor-founded software firm and self-described “Bitcoin Development Company,” announced today that it had acquired even more Bitcoin, spending roughly $1.5 billion in cash. The announcement follows Friday’s news of MicroStrategy becoming the first BTC-centric company to secure entry into the Nasdaq-100 Index. The company’s entry will connect index investors to Bitcoin exposure. MicroStrategy Just Bought Another $1.5 Billion Worth Of Bitcoin MicroStrategy disclosed Monday morning that it had bought a further 15,350 BTC at an average price of $100,386 per BTC, totaling $4.6 billion. According to an 8-K filing , the Bitcoin was purchased between Dec. 9 and 15. The latest acquisition has pushed the size of MicroStrategy’s Bitcoin stash to a new all-time peak. As of press time, MicroStrategy holds an eye-watering 439,000 Bitcoin, or roughly 2% of the total supply of Bitcoin that will ever be created, with approximately 19.7 million BTC of the total 21 million supply currently circulating. The firm’s overall average purchase price is $61,725 per BTC. The software company’s Bitcoin stockpile was acquired for $27.1 billion in total, but thanks to the parabolic price rally this year, it’s now worth almost double that at $45.6 billion. Bitcoin’s price has been skyrocketing since Donald Trump clinched a second term as the President of the United States . The crypto-friendly candidate made a slew of promises to the industry. The orange coin has shattered all-time high prices multiple times in recent weeks, with its latest peak being $106,418. MicroStrategy To Officially Join Nasdaq 100 Next Monday Meanwhile, Nasdaq recently announced that MicroStrategy stock will be included in the Nasdaq-100 Index, fortifying its position among a select group of non-financial firms. MicroStrategy is expected to officially join the index on Dec. 23 before the market opens. For Bitcoin fans, this milestone is a moment of vindication, demonstrating how far the crypto industry has come in garnering institutional recognition. MicroStrategy’s MSTR stock jumped on news of the imminent listing and the recent BTC purchase in pre-market trading 3% and is currently trading at $422 a share, according to MarketWatch .
MicroStrategy ($MSTR) has just purchased an additional 15,350 BTC for $1.5 billion, paying an average of $100,386 per Bitcoin, according to its lat...
Michael Saylor, the co-founder and Executive Chairman of MicroStrategy — a publicly-listed firm that holds more BTC in its treasury than any other company— has shared a bullish statement as the premier cryptocurrency recorded its new all-time high price. Saylor posted a Bitcoin-moon-themed post as BTC surged to over $106,000 on Sunday before retreating slightly. Bitcoin Soars Above $106,000 The price of Bitcoin surged nearly 5% on Dec. 15 to print a new lifetime high above $106K. BTC topped out at $106,352 but has since retraced slightly to $105,764 at publication time, according to CoinGecko data. The top crypto asset is now up more than 149% in a year and 16.5% higher over a 30-day time frame. The price jump came amid speculation that President-elect Donald Trump could issue an executive order establishing Bitcoin as a reserve asset on his first day of office on January 20. “There’s potential to use a day-one executive order to purchase Bitcoin,” Strike CEO Jack Mallers said during a recent interview , adding that while it’s unlikely to be the size and scale of a staggering 1 million coins, it would be a massive position. Notably, crypto-friendly senator Cynthia Lummis already introduced the Bitcoin Act of 2024 in July, proposing that the Treasury and Federal Reserve buy 200,000 BTC per year for at least five years, accumulating a whopping 1 million Bitcoin. The BTC stockpile would be held for roughly 20 years, thus pulling 5% of the alpha crypto’s total supply from circulation. Saylor’s Bullish Reaction Reacting to Bitcoin’s fresh all-time high price mark, MicroStrategy’s Michael Saylor posted an AI-generated image of himself as an astronaut who landed on the moon and planted an orange flag with a BTC logo. “I will see you on the moon. #Bitcoin,” Saylor stated . Members of the BTC community responded to Saylor’s tweet positively, voicing their excitement and bullish fervor. “Moon mission confirmed. See you there, captain. #Bitcoin,” one wrote . MicroStrategy has been purchasing Bitcoin since 2020. Saylor, the orchestrator of MicroStrategy’s Bitcoin investment strategy, believes the world’s largest crypto by market cap is the best long-term investment. The Tyson, Virginia-based firm now holds 423,650 BTC — worth about $43.8 billion at the current price, according to Bitcoin Treasuries data . Saylor has proclaimed that the firm won’t stop buying anytime soon, saying he’s “confident” he’ll still buy Bitcoin at $1 million .