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Bitcoin dipped below $90,000 after heavy liquidations. Strategy’s CEO vows not to sell.
Woori Bank is now displaying Bitcoin prices in its main trading room in Seoul.
Bitcoin price tests $91,000 support again ahead of options expiry on Dec. 5, as bulls struggle for a decisive breakout ahead.
Bitcoin miners added 2,417 BTC to reserves between Nov. 23 and Dec. 4, reducing circulating supply and easing sell pressure as price consolidates above $90,000.
Strategy is pulling back from its historic Bitcoin accumulation pace with a 93% drop in monthly buys since November 2024.
Crypto liquidations recently jumped to more than $480 million, with short traders affected the most due to market recovery.
As Bitcoin reserves on Binance continue to drop, many fear it’s a sign of lost faith. However, experts argue it’s actually a bullish trend in disguise.
The UK creates a third class of personal property for crypto/stablecoins and clarifies ownership, recovery, estates, and insolvency.
Bitcoin, Solana, and XRP turned bullish in the past 24 hours as crypto ETFs saw inflows following Vanguard’s support.
Spot XRP ETFs continued to lead the crypto ETF market, recording $89.65 million in net inflows on Dec. 1, while XRP remains under selling pressure.
Bitcoin’s slide below $90,000 has resulted in Strategy’s stock dipping under the worth of the company’s BTC stash.
Michael Saylor’s Strategy (MSTR) purchased 130 additional BTC for $11.7 million, lifting its total holdings to 650,000 BTC.
Bitcoin closed November with its heaviest ETF outflows in nine months just as global liquidity evaporated.
Markets are shifting fast. As Bitcoin stumbles and falls by roughly 20% this week, attention is turning toward alternative cryptocurrencies.
A key indicator shows optimism among US crypto investors, while the leading digital asset trades above $90,000.