BTC
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MicroStrategy buys More Bitcoin, adds 13,390 BTC to holding
Strategy, formerly known as MicroStrategy, has once again increased its Bitcoin Bet, purchasing an additional 13,390 BTC for $1.34 billion at an average price of $99,856 per bitcoin. With this latest buy, strategy now owns a total of 568,840 bitcoins. All these bitcoins cost the company around $39.41 billion in total. But due to bitcoin…
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JPMorgan Warns: Crypto Demand Crashing—Can Trump Save BTC?
According to a JPMorgan report released Wednesday, the cryptocurrency market is experiencing weak demand, with institutional investors withdrawing from Bitcoin (BTC) and Ethereum (ETH) futures. Analysts noted that Bitcoin and Ethereum futures are selling for less than their current prices, a sign that investors are not confident about short-term growth. JPMorgan’s team explained that when…