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Crypto News within the week

Bitcoin Puell Multiple Plunges, But Not Inside Bottom Zone Yet

On-chain data shows the Bitcoin Puell Multiple has gone through a decline recently, a sign that miner revenue has gone down relative to its...

BlackRock Buys $589M in Bitcoin and Ethereum as Crypto Market Recovers

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BlackRock stepped up its crypto acquisition, buying $589 million in Bitcoin and Ethereum from Coinbase. The transactions coincided with a time the overall crypto market is recovering and institutional trading is on the rise. BlackRock Crypto Inflows Soar To $589 Million In 3 Days According to Onchain Lens citing Arkham data, BlackRock has received 4,044

The post BlackRock Buys $589M in Bitcoin and Ethereum as Crypto Market Recovers appeared first on CoinGape.

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Altcoin News

Bitcoin

Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylor’s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms

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Jupiter:- Recent flashpoints like the Monad token controversy – where Arthur Hayes blasted its FDV, insider-heavy allocations, and opaque early rounds – have done more than enough to show how broken crypto token launches still are. However, this isn’t a new debate. Major industry players have been racing to reinvent how new tokens are brought

The post Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms appeared first on CoinGape.

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New to Market

“The Market Got It Wrong,” CryptoQuant Analyst Says Strategy’s MSTR is Massively Undervalued

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A CryptoQuant analyst has disagreed with the market’s current outlook for Strategy. In his argument, he claims that investors are mispricing the firm’s Bitcoin treasury. He said the true value of MSTR can be way higher than the traders might think. “Market Misread the Signal”: Analyst Says MSTR Is Deep in Undervaluation CryptoQuant analyst Carmelo

The post “The Market Got It Wrong,” CryptoQuant Analyst Says Strategy’s MSTR is Massively Undervalued appeared first on CoinGape.

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Top Cryptocurrency Market Events to Watch This Week

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The cryptocurrency market has seen a notable sell-off as December begins. Bitcoin has dropped below $90K, reflecting a 5% decline. Ethereum is trading under $2,900, down by 5%.  Further selling is as a result of the market slump triggered by the proposed 20% flat tax on crypto by Japan.  Meanwhile, the People Bank of China

The post Top Cryptocurrency Market Events to Watch This Week appeared first on CoinGape.

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Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms

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Jupiter:- Recent flashpoints like the Monad token controversy – where Arthur Hayes blasted its FDV, insider-heavy allocations, and opaque early rounds – have done more than enough to show how broken crypto token launches still are. However, this isn’t a new debate. Major industry players have been racing to reinvent how new tokens are brought

The post Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms appeared first on CoinGape.

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Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylor’s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylor’s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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Cardano (ADA) Plunges by 8% Daily but This Important Indicator Flashes the Buy Signal

The start of December brought another substantial correction, affecting most leading cryptocurrencies. Cardano’s ADA was among the worst-hit, with its price slipping by 8% over...
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Todays Highlights

Bitcoin price started a fresh decline from $92,000. BTC is down over 5% and the bulls are struggling to keep the price above $86,500. Bitcoin...
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