Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link

The world’s largest cryptocurrency climbed by the most in more than three months. By Vildana Hajric and Akayla GardnerBloomberg Published On 4 Feb 20224 Feb 2022 Bitcoin gained the most in more than three months as investors show signs of renewed risk appetite following a volatile week across financial markets. The largest cryptocurrency by market value jumped as much as 9.4% to $40,426, the most since Oct. 15. It hasn’t been above $40,000 in more than two weeks. Ether climbed as much as… Source link

Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Liquidations mount for BTC shorts Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 on Feb. 4, just two hours after the Wall Street open produced rapid gains. At the time of writing, the pair was up $3,000 in two hours — an unexpectedly strong… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB) dipped… Source link

Monero (XMR) gets a very bullish rating from InvestorsObserver Friday. The Digital Money asset is up 11.12% to $157.88 while the broader crypto market is up 3.85%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero… Source link

In his 30-page investigation, “The Maltese Falcoin: On cryptocurrencies and blockchains,” Cembalest swoops on what he sees as crypto’s much-vaunted but brittle use cases, such as store of value, cross-border remittances, decentralized finance (DeFi), non-fungible tokens (NFTs) and blockchain adoption in financial services. Source link

by Analytics Insight February 4, 2022 Solana is experiencing a bullish market in the highly volatile cryptocurrency market The crypto market got a breather by the end yesterday, and today, most cryptocurrencies have recovered from the plunge experienced in the past 2 days. But the market looks bullish, with most of the cryptocurrencies already green today. However, the gains vary from one coin to the other, with Solana, Bitgert, and Centcex exhibiting bullish growth. Here is a breakdown… Source link

Sean Farrell is the head of digital asset strategy at Fundstrat Global Advisors. In a 2022 outlook webinar, Farrell breaks down why he doesn’t think a crypto winter is coming.  He also lays out the catalysts that could drive bitcoin and ethereum to $200k and $12k by yearend. The drumbeat of gloomy news and confidence-deflating price actions in the crypto market lately… Source link

The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company Microstrategy discussed the future outlook for bitcoin during the company’s Q1… Source link