Ether's Price Chart Now Mirrors a Pattern That Foretold Bitcoin's Record Rally
The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.
Alongside, bitcoin on exchanges have fallen to almost a four-year low, suggesting heightened investor demand.
The company now owns nearly 2% of all the bitcoin that will ever exist.
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Ethereum price surged above $3,700 with its chart pattern resembling Bitcoin's breakout pattern before its November rally.
Bernstein analysts noted that under the Donald Trump Presidency, spot Ethereum ETF products may be allowed to offer staking products.
Michael Saylor made a 3-minute detailed pitch explaining how Microsoft can add $5 trillion to its valuation by going all-in on Bitcoin.
Argo Blockchain raised £4.2M through a share subscription, issuing approximately 76.9M new ordinary shares at a price of 5.5 pence each.
MicroStrategy expands Bitcoin holdings with 15,400 BTC purchase at $95,976 per coin, reaching 402,100 BTC total.
As Litecoin’s price rally surpasses $100, Peter Brandt predicts a parabolic surge amid declining miner reserves and regulatory shifts.
The DeFi ecosystem on the Hedera network has grown to over $154M in TVL and more than $17M in stablecoins market cap.
The broader crypto market is currently in a bullish state, and popular meme coin Shiba Inu (SHIB) may also be enjoying some of the spillover.
Dogecoin’s 374% in hike induces FOMO among whales, leading to holding expansion as analyst predicts a potential rally to $10.
The crypto market has been buzzing with renewed enthusiasm, sparking unprecedented inflows into Bitcoin and Ether ETFs.
Crypto exchanges recorded a major boom in November, with trading volumes hitting a historic high above $2.7 trillion.
The demand for XRP among institutional investors has seen several fund managers file for spot ETF approval with the US SEC.
The BTC transfer could spark selling pressure in the market as it indicates that the U.S. government is preparing to sell or has already sold the assets.
Over two decades after its notorious collapse, Enron is coming back with plans built around "permissionless innovation."
Trump boost to push Nasdaq toward 20,000 earlier than expected: Yardeni
The bitcoin hashrate is still soaring as mining difficulty looks to increase for a fifth consecutive time.
Improved outlook for the DeFi space and warmer regulatory climate with incoming U.S. administration are main drivers behind the sentiment shift towards ether, LMAX strategist Joel Kruger said.
The integration means self-custody wallets and the like can now let users pay for crypto purchases with the popular app included by default on every iPhone.
Crypto inflows fell to $270 million last week, with Bitcoin outflows surging and Ethereum attracting $634 million.
Shiba Inu faces rising outflows and selling pressure after a 24% surge. Investors must watch key resistance at $0.00002976 for future gains.
After Bitcoin's record run is Ethereum next?
Is Moo Deng back? Coinbase announced it would list the meme coin, prompting a dramatic surge in price immediately thereafter.
BitGo, a prominent cryptocurrency custodian, has unveiled a global version of its digital assets solutions tailored to retail investors.
Market Overview Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, General Motors Company, Ford Motor Company, Bitcoin. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
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Bitcoin-focused investment firm MicroStrategy's $23.4 billion BTC foray fuels dramatic stock performance rise.
The Ripple-linked XRP has skyrocketed over the last month, significantly outpacing other top coins like Bitcoin and Dogecoin.
Cardano might record more upsurge in December
DWF Labs, major Web3 marketmaker and VC firm, expands its bet on meme coin segment
Comments from Ripple's chief legal officer come as XRP sees $100 billion rise
LMWR has surged by 62.13% over the past 24 hours. Market indicators suggest that LimeWire is till undervalued
S&P 500 set for higher, more volatile path to 6,600 by mid-2025
Ethereum and XRP gain traction with investors, as Bitcoin faces its first significant outflow in over a month.
MicroStrategy continues to buy Bitcoin: It now holds about $39 billion worth of BTC, just weeks after its stock price hit an all-time high.
Which altcoins are likely to blast soon?
XRP sees explosive 690% surge in fund inflows as XRP ETF hype soars
This increase has propelled Hedera (HBAR) into top 20 cryptocurrencies by market capitalization
Top crypto news stories over last weekend of November are already here; check out U.Today's news digest!
The analytics firm said bitcoin could rally to at least $147,000 before topping if it repeats the pattern of previous cycles.
Your day-ahead look for Dec. 2, 2024.
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