Michael Saylor’s Strategy edges closer to 700,000 Bitcoin milestone
Michael Saylor’s company Strategy — the world’s largest publicly traded holder of Bitcoin — has quietly expanded its BTC position once again, taking advantage of the recent post–Black Friday market dip. According to Strategy’s disclosure on X (formerly Twitter) on Monday, the firm purchased 168 Bitcoin (BTC) last week for about $18.8 million, bringing its […]
5 Things to Watch in Bitcoin This Week
1. Bulls Eye “Upside Imbalances” Bitcoin ended last week swinging wildly, closing near $108,600 before climbing back toward $111,000 in early Asian trading. Market watchers say the turbulence isn’t over yet — and that volatility could accelerate through the rest of October. Trader CrypNuevo highlighted a “cluster of short liquidations” around $116K–$117K, hinting that a […]
Bitcoin’s Next Big Rally Depends on When Early Holders Stop Selling, Say Analysts
Bitcoin’s path to its next major rally may remain bumpy as long as early adopters and long-term holders keep cashing out, according to several market analysts. Crypto analyst James Check argued on Sunday that the sluggish recovery of Bitcoin and the broader crypto market isn’t the result of manipulation, “paper BTC,” or external suppression — […]