Riot Platforms Acquires 667 BTC as Bitcoin Hits New All-Time High
Riot Platforms has acquired a monumental 667 Bitcoin while the leading cryptocurrency broke above $107,000 for the first time in history.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Riot Platforms has acquired a monumental 667 Bitcoin while the leading cryptocurrency broke above $107,000 for the first time in history.
MicroStrategy has bagged a new 15,350 Bitcoin stash to increase its total holdings to 439,000 BTC.
Bitget sees El Salvador as a progressive market with significant potential to drive crypto innovation across Latin America.
The Relative Strength Index (RSI) of the MOCA price trajectory reads a value of 85.63, which means that the altcoin is overbought, and in such a scenario, the chances of a correction in the near future increase.
The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.
As the end of 2024 nears, BTC price trend gains momentum. Crossing new resistances and preparing for a massive breakout run, Bitcoin targets a dominant rally in the six-digit price realm.
Over 94,000 crypto traders lost $320 million in liquidations as Bitcoin defies bearish expectations.
Bitcoin surged past $106,000 as speculation over MicroStrategy’s latest Bitcoin purchase fueled bullish sentiment.
The Bitcoin rally breaking the $2T valuations to reach $100K+ levels projects a prolonged bull run in 2025. Based on the halving cycles and the increasing anticipations around new pro-crypto regulations in the US, the predictions for 2025 are incredibly bullish.
The company funded its latest Bitcoin purchase with proceeds from a $525 million convertible bond issuance.
Matrixport sees Bitcoin growing as high as $160,000 in the coming year.
BlackRock, the world’s largest asset manager, recommends clients allocate 1-2% of traditional portfolios to Bitcoin, drawing parallels between cryptocurrency investment risks and those of mega-cap tech stocks while cautioning against higher exposure.
“A strategic bitcoin reserve, investing in bitcoin, would be a win-win for the state,” said Republican State Representative Giovanni Capriglione.
AMP, Australia’s major retirement fund, has made a pioneering move by investing $27 million in Bitcoin, becoming the first significant superannuation fund to do so.
Byte Federal noted that the hackers accessed personal information including name, address, phone number, email, government-issued ID, social security number, transaction activity, and photographs of users.