Aurelia Butler

This article was originally published on U.Today More

In particular, he commented on the world’s premium cryptocurrency losing more than $4,000 in less than one day. Markus is known for his jesting, playful and often sarcastic comments on cryptocurrencies, especially, when they plunge, as if supporting his attitude. He has never called Bitcoin a store of value, nor has he voiced any praise about his brainchild Dogecoin or any other crypto.The deepest where Bitcoin plummeted last week was $91.860 and now BTC has managed to go even below that level.Billy Markus sarcastically commented on that price plunge, sharing a chart with collapsing Bitcoin price and saying: “Happy Monday.”His tweet sparked a discussion where multiple commentators took part, discussing the current Bitcoin plunge.Now, the company’s crypto holdings have topped a whopping 450,000 BTC, which is the equivalent of $40,586,688,000. Thus, the company now holds 2.14% of the whole 21 million BTC supply. The most recent Bitcoin acquisition prior to today’s was made on January 5, when Saylor’s giant bought $101 million in Bitcoin.The purchase was announced shortly before Bitcoin plummeted below the $91,000 price level.Last year, Michael Saylor stated that MicroStrategy is going to hold Bitcoin “forever” and also voiced a prediction that in 10 years time BTC would take away part of gold’s market share. This would propel one Bitcoin to cost $13 million, he claimed.This article was originally published on U.Today More

Notably, since adopting its Bitcoin treasury strategy in May 2024, Semler Scientific has generated a Bitcoin yield of 99.3%. As of Jan. 10, 2025, the total holdings of Semler Scientific stand at 2,231 BTC. The total cost of its cumulative acquisition is approximately $191.9 million.Semler Scientific’s total bag was acquired at an average purchase price of $82,687 per Bitcoin. As of this writing, Bitcoin changed hands at $90,911.17, representing a 4.09% decline in the last 24 hours.However, this price decline has not affected investors’ interest and confidence in the asset. The trading volume has soared by 152.98% to $48.06 billion. The price of Bitcoin in the last 24 hours has fluctuated between a low of $90,183.63 and a high of $95,837, as bull-bear sentiment evens out.MicroStrategy has led the way in corporate acquisition and has inspired some others, like Semler Scientific and Metaplanet.Many corporate adopters of Bitcoin have seen the significant gains MicroStrategy achieved with its investment. Bitcoin has made MicroStrategy’s stock MSTR outpace every stock in the S&P 500 index. This development has fueled the adoption seen among corporate players.This article was originally published on U.Today More

Such a forecast was shared by the analyst in his latest CryptoQuant QuickTake publication. He stressed that a combination of factors demonstrated that powerful “selling pressure” from the last few days of 2024 expanded to the start of the new year. Also, he noticed that Bitcoin ETF flows declined, while Open Interest also registered a massive drop.At the same time, short-term Bitcoin holders might not be bothered by the current decline:While “odds favor the $90K floor,” the expert recommends all traders look at $88,000, as this level is of paramount importance for short-term holders.Meanwhile, Bitcoin (BTC) is in the middle of its worst sell-off in the last three weeks. The net volume of liquidations in crypto exceeds $700 million, CoinGlass data shows.Out of this sum, $300 million were wiped out in the last four hours. Bitcoin (BTC) dropped to $89,500 but then recovered to $92,500, bringing pain to both bulls and bears.This article was originally published on U.Today More

Fire Token has announced the launch of its presale for a tokenized Bitcoin mining operation, designed to leverage Canada’s low energy costs to optimize operational efficiency. With electricity rates as low as $0.065 per kilowatt-hour (KW/H), the project aims to create the most cost-effective Bitcoin mining operation yet.Tokenized Access to Bitcoin Mining RewardsFire Token introduces a model allowing participants to access Bitcoin mining rewards without requiring personal mining equipment or technical expertise. Contributors to the presale receive Fire Tokens, representing a share in the mining operation’s output. Key features include:Fire Token’s mining operations are based in Canada, chosen for its stable energy supply, cost efficiency, and regulatory clarity regarding cryptocurrency operations. The initiative emphasizes:Interested investors can join the presale by visiting presale.fire-token.ca. The presale phase is designed to be accessible, allowing contributions in BNB a popular cryptocurrency.About Fire TokenFire Token focuses on enhancing accessibility to Bitcoin mining rewards through tokenization, leveraging Canada’s low energy costs for sustainable and efficient mining operations. The project aims to provide a cost-effective approach to Bitcoin mining while promoting sustainability in the crypto ecosystem.For more information, investment inquiries, or to join the community please check the links below:Telegram: https://t.me/FiretokenecosystemX: https://x.com/Fire_Token_ArmyWebsite: fire-token.caContactCEOLevi RietveldFire Tokenlevicryptohga@gmail.comThis article was originally published on Chainwire More

The transaction has caught the crypto community’s attention, involving a mysterious crypto whale who took a round trip with 1,850 BTC, resulting in a staggering $13 million loss within just six days.According to Lookonchain, six days ago, the whale withdrew 1,850 BTC worth $188.7 million from Binance at $101,998. Some hours ago, the whale deposited the entire 1,850 BTC stash to Binance, which was worth $175.7 million at the time of the transfer, with Bitcoin’s price at $94,963, resulting in a $13 million loss over six days.Withdrawals from exchanges often signal to buy, while deposits indicate an intent to sell.The 1,850 BTC withdrawal may have been made with positive expectations of the Bitcoin price, but the whale reversed course and redeposited the exact 1,850 BTC back to Binance, albeit at a considerably lower price of $94,963 per BTC, for a total of $175.7 million. The move effectively locked in a $13 million loss, a baffling decision that has sparked speculation about the whale’s intentions, which remains unknown.A potential explanation is that given the current market uncertainty, the whale might have sold to avoid further losses. It is also possible that the whale miscalculated the entry and exit points, leading to an unintended loss.After a brief consolidation between $93,600 and $95,400 over the weekend, Bitcoin reached highs of $95,900 in Monday’s session, but bulls encountered resistance, and the price fell sharply.On the macroeconomic front, this week will provide investors with a clearer picture of the status of the economy following last week’s blowout jobs data, which pushed markets lower. The stronger-than-expected nonfarm payroll report fueled concerns that the Federal Reserve may act cautiously going forward, casting doubt on additional interest rate cuts.This article was originally published on U.Today More

As 2025 unfolds, HTX, the world’s leading digital asset exchange, has released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the development prospects of the crypto industry. The year 2024 marked a significant chapter in the history of the crypto industry, characterized by continuous breakthroughs in blockchain technology, surges in Bitcoin price, and a gradually more open regulatory environment, with cryptocurrencies gaining increasing recognition from the mainstream.Key Sectors for 2025In the report, HTX highlighted five key sectors that showed encouraging progress last year and will continue to closely monitor these areas in 2025.Bitcoin EcosystemIn 2024, Bitcoin’s market dominance kept increasing, solidifying its position as the core asset, with spot ETFs acting as liquidity channels.As a result, further development of Bitcoin’s ecosystem and improvements in capital utilization efficiency are becoming increasingly important. Supported by favorable macroeconomic conditions and robust infrastructure, a potential increase in Bitcoin demand over the next two years is anticipated according to the team.InfrastructureInfrastructure remained a cornerstone in 2024’s crypto investments and funding. The synergy between capital and technology has driven the rapid development of Layer 1, Layer 2, and middleware projects, among others. Layer 1 solutions, in particular, now represent the focal point of technical development and exploration within the crypto space, and it is expected to remain a priority for development resources and capital investment in the future.Meme CoinsThe Meme coin sector emerged as a hotspot in 2024, fostering community consensus while integrating with fields like DeFi and GameFi to create new use cases. As the crypto market environment grows favorable, more retail investors are expected to enter the market, positioning Meme projects as vital channels for capital inflows. AIIn 2024, the intersection of the Crypto and AI sectors has been driving the exploration of several segmented fields, with AI agents emerging as a particularly prominent area of focus. In the future, AI agents are expected to gradually become personal butlers and assistants for users, serving them with comprehensive capabilities. Over time, they may develop unique cultures and religions. This deep integration of AI and encryption technology is an innovative evolution that is unattainable within Web2 and cannot be achieved by Web3 relying solely on encryption technology.TON EcosystemAttributable to Telegram’s hundreds of millions of users and robust technical support, the TON ecosystem achieved significant milestones in various fields, pioneering the monetization of Web2 social applications through crypto. Moving into 2025, it needs to explore and find new business models to improve user retention and identify its next growth curve.Donald Trump Effect: Bitcoin Strategic Reserve Worth AnticipatingThe report also discusses the potential impact of crypto-friendly policies that could arise after Donald Trump takes office. Two important bills, the FIT21 Act and the Bitcoin Strategic Reserve Act, could pass more quickly thanks to him. The FIT21 Act aims to create a clear legal framework for token issuance and trading by classifying tokens as digital assets or digital commodities, transferring the regulatory responsibilities of many blockchain projects from the SEC to the CFTC, and introducing a safe harbor mechanism. This would help standardize and promote the healthy growth of the entire industry. The Bitcoin Strategic Reserve Act, aligning with Trump’s campaign promises, if passed, would mark Bitcoin’s transition from a niche asset to a nationally recognized reserve asset, greatly enhancing its legitimacy and recognition. It may also prompt other countries to adopt similar measures to further advance Bitcoin’s global recognition and application.The Act was submitted to Congress for deliberation on August 4, 2024, and referred to the Senate Banking Committee for review. Trump is well-positioned to push this bill through. Meanwhile, several U.S. states have already proposed their own Bitcoin Strategic Reserve bills. By 2025, Bitcoin as a strategic reserve may become a reality.Additionally, under Trump’s presidency, the SAB121 Act could be repealed, allowing traditional financial institutions to hold cryptocurrencies on their balance sheets, working to further accelerate the institutionalization of crypto assets and contributing to the overall maturity of the crypto market. The SEC’s application criteria for the Howey Test may also be relaxed, increasing the likelihood of more spot crypto ETFs being approved and more public listings of crypto companies.Meanwhile, the report also provides a comprehensive summary of 2024, looking back on the key events that had a major impact on the crypto industry while summing up what HTX had achieved over the last year. To learn more, users can visit: HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 OutlookAbout HTXFounded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.As a world-leading gateway to Web3, they harbor global capabilities that enable them to provide users with safe and reliable services.Their growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins the commitment to providing quality services and values to virtual asset enthusiasts worldwide.ContactRuder Finn Asiahtx@ruderfinn.comThis article was originally published on Chainwire More