Bitcoin Buying Spree Nears Century Mark, Saylor Hints
Michael Saylor’s quiet hint this weekend put a spotlight on a methodical habit that has quietly shaped corporate crypto moves for years. Related Reading: XRP Flashes Rare On-Chain Signal That Once Preceded 114% Gains Michael Saylor posted a chart with the caption “The Orange Century,” and through that single image he signaled what many traders already suspected: the company he chairs is poised to make another buy. Strategy has been buying Bitcoin in steady doses since 2020. Reports note the firm has completed 99 buys so far. That makes the next purchase the 100th. Short headline. Big....
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The broader cryptocurrency market has sprung back to life again, with Ethereum rising back above the $4,600 price mark after a renewed bullish move. Within the period of bullish action, Bitmine Immersion has gone on a significant buying spree, acquiring thousands of ETH in the month of September alone. Bitmine’s Unstoppable Ethereum Buying Spree Ethereum’s […]
Japan’s Metaplanet has gone on yet another Bitcoin buying spree. Earlier today, it snagged an extra 156 $BTC worth around $13.4M, bringing its stash to a sizable 2,391 $BTC (approximately $219.5M). It’s reportedly thinking about listing its $BTC shares in the US for more financial opportunities. This comes as no surprise, considering that its $BTC investments […]
On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset’s price. XRP Whales Have Gone On An Accumulation Spree Over Last 48 Hours As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased […]
In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap. Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin’s trajectory will see it grow to $20 trillion and eventually hit the $200 trillion mark, translating to an approximate price of $10 million per BTC based on its capped supply of 21 million coins. Saylor attributes this potential growth to a global shift in capital investment,....
Michael Saylor, CEO of MicroStrategy, applies his training in thermodynamics to Bitcoin in an exclusive interview with Bitcoin pioneer and futurist Austin Davis The financial and economic narratives surrounding Bitcoin (BTC) barely scratch the surface of what makes the digital asset so unique, according to Michael Saylor, CEO of MicroStrategy. In an exclusive interview with Austin Davis for Cointelegraph, Saylor calls Bitcoin “a masterpiece of monetary engineering,” and one that will likely go down in history as the world’s “first engineered monetary network.”“Once you understand money is....