Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire
Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfireJPMorgan analysts believe MicroStrategy's debt-funding approach to Bitcoin purchases could worsen a market downturn.Happy Saturday!The global crypto market cap is $2.6 trillion, with a 24-hour volume of $140.52 billion. The price of Bitcoin is $68,346.16, and BTC market dominance is 51.7%. The price of Ethereum is $3,675.47, and ETH market dominance is 17.0%. The best-performing sector is Agriculture, which gained 11%. The Crypto Fear & Greed Index is currently Greed (81). Top NewsAnalysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfireJPMorgan analysts believe MicroStrategy's debt-funding approach to Bitcoin purchases could worsen a market downturn. Grayscale amends Ethereum ETF filing, says investors ‘want and deserve’ the fundThe asset manager expanded its comments on market correlation as well as share creation and redemption. AI crypto traders take profits pushing tokens down up to 20% after scorching 2024 rallyMarket dip hits AI crypto sector as rally cools amid increased spotlight. Latest InsightsMore News
Latest Market ReportHow Bitcoin’s road to new ATH was reflected in on-chain dataCryptoSlate's latest market report dives deep into on-chain data to better understand the market forces leading up to, during, and after Bitcoin's journey to the new ATH. |
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Bitcoin’s sudden price correction wipes out over $666 million from long traders in 24 hours
Friday, March 15, 2024
Market observers explained that the major Bitcoin price correction was caused by inflation fears. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Court rules Craig Wright is Not Bitcoin creator Satoshi Nakamoto
Friday, March 15, 2024
In a bench ruling the judge also affirmed that Wright did not write the Bitcoin whitepaper ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin hits new $73.6k all-time high as ETF influx surpasses $1 billion
Wednesday, March 13, 2024
BlackRock's iShares Bitcoin ETF leads with $849 million inflow as BTC price soars to above $73000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Saylor says Bitcoin will ‘eat gold’ in the coming months
Tuesday, March 12, 2024
Saylor said Bitcoin is a far superior when compared to any other conventional asset, including gold, real estate and equities. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin leverage above $66k wiped out creating new floor for higher price discovery
Monday, March 11, 2024
Recent Bitcoin market sweep sets stage for organic price discovery above $50k with $27B leverage support. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Tuesday, March 4, 2025
Compared to last year — and even more so than the recently concluded Consensus — the overall atmosphere was much more subdued, with panel speakers noticeably outnumbering the audience. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump’s crypto reserve faces backlash over ADA and XRP inclusion
Monday, March 3, 2025
Ripple and Cardano leaders embrace Trump's multichain approach despite criticism for altcoin inclusion. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
📈 Bitcoin dominance reached a 4-year high of 62%; Trump announced a strategic crypto reserve with BTC, ETH, XRP, …
Monday, March 3, 2025
Bitcoin dominance reached a 4-year high of 62%; Cronos becomes the first blockchain to power crypto-to-debit transfers; Trump announced a strategic crypto reserve with BTC, ETH, XRP, SOL, and ADA ͏ ͏ ͏
White House Schedules First Ever Crypto Summit
Monday, March 3, 2025
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VC Monthly Report, February Sees 14% Growth in Funding Amount and Deal Count, Stablecoins and Payments Dominate In…
Monday, March 3, 2025
According to RootData statistics, there were 98 publicly disclosed crypto VC investment projects in February 2025, a 14% increase month-over-month (compared to 86 projects in January 2025) but a 35.1%
Bitcoin’s steep decline fueled by short-term holders
Sunday, March 2, 2025
High-frequency traders and day traders rile Bitcoin market as prices plummet. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Feb 24 to Mar 2)
Sunday, March 2, 2025
According to Coindesk, citing local news outlet Dawn, Pakistan is planning to establish a National Crypto Committee to formulate cryptocurrency policies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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CRYPTODAY 143 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
StanChart warns of further downside for Bitcoin over the weekend akin to August 2024
Saturday, March 1, 2025
Standard Chartered sees parallels to past Bitcoin sell-offs amid volatile weekend projections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Saturday, March 1, 2025
In the recent theft incident of Bybit, hackers laundered money by exchanging ETH for BTC through THORChain, bringing huge trading volume and fees to THORChain. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏