Bitcoin Tops $54K, and May Run Towards $58K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
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Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
The phishing attempt has already led to $440,000 worth of crypto being stolen.
Michael Saylor doesn’t plan to sell any of MicroStrategy’ (MSTR)s bitcoin (BTC) anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.
The company was the owner of 190,000 bitcoin as of the end of January.
MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.
The recently launched spot bitcoin ETFs, excluding Grayscale’s GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January.
MicroStrategy (MSTR), the software firm whose executive chairman is bitcoin maximalist Michael Saylor, reported weaker-than-expected fourth quarter earnings on Tuesday, but the majority of its conference call presentation focused on the crypto.
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.