Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Category Archives: Coins
On Thursday, the price of Bitcoin, the leading cryptocurrency, surged to an intraday peak of $62,729 on the Bitstamp exchange. The largest cryptocurrency is up 26% over the past four days after plunging to $49,557, the lowest level since the start of the year. As noted by popular cryptocurrency analyst Byzantine General, the cryptocurrency market […]
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An ancient Bitcoin wallet was activated earlier this Friday after more than 13 years of dormancy, according to data provided by Whale Alert. The address in question contains 59 Bitcoins (roughly $3.8 million at press time). The recent activation coincided with a significant Bitcoin price surge. Earlier today, the biggest cryptocurrency by market cap managed […]
Cardano (ADA), one of the largest and longest-standing proof-of-stake (PoS) cryptocurrencies, achieved ultra-low levels of inflation. Community enthusiast explains what it means for ADA economics and why it makes Cardano (ADA) a target for criticism. Stable adoption for scarce asset: Cardano (ADA) community on 2.5% ADA inflation Cardano (ADA), a large-cap altcoin on the proof-of-stake […]
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Business intelligence firm MicroStrategy has added $458.2 million worth of Bitcoin to its coffers, according to a Friday announcement made by cofounder Michael Saylor. The company now holds a total of 252,220 Bitcoin ($15.85 billion at current prices). Notably, MicroStrategy already holds 1.25% of all Bitcoin in circulation. The company’s average purchasing price now stands […]
Popular cryptocurrency influencer Whale Panda recently speculated that MicroStrategy co-founder Michael Saylor was responsible for the swift market recovery. On Thursday, the Bitcoin price came close to reclaiming the $63,000 level despite plunging below the $50,000 level. The massive price jump has unexpectedly resulted in a rapid sentiment shift, with Bitcoin returning back to neutral territory […]
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Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
19
Jan
Jan
As became known yesterday on Sept. 19, MicroStrategy completed its 0.625% convertible senior notes offering, an event that saw the company successfully raise over $1 billion. This impressive total includes $135 million from an option that the initial purchasers exercised, showcasing strong demand on the private market, where the notes were sold to qualified institutional […]
The Fear & Greed Index for Bitcoin, the leading cryptocurrency, has plunged back into “extreme fear” territory with 25 points out of 100. This came after the cryptocurrency plunged to an intraday low of $58,134 on Monday on the Bitstamp exchange. More than $123 million worth of long positions have been liquidated, according to CoinGlass data. […]
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The Coinbase Premium ratio is in the red zone, while the BTC price is surging again. This rare pattern can only indicate powerful buying pressure on Binance (BNB), the world’s largest cryptocurrency exchange by trading volume, an analyst says. Bitcoin (BTC) buying pressure on Binance (BNB) confirmed as Coinbase Premium in red zone Today, Sept. […]