Category: The Bull & The Bear
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Ether, XRP, Solana drop 8–15% ahead of Jackson Hole Fed meeting
Ether dropped 8%, XRP fell 12%, and Solana declined 15% as traders anticipated Fed signals from the Jackson Hole symposium on August 25.
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Michael Saylor alters MSTR stock rules as Bitcoin premium drops to 6.5B in Q2 2023
Michael Saylor reverses MSTR stock issuance rules as Bitcoin premium fades; MicroStrategy holds 152,800 BTC, valued at $6.5 billion in Q2 2023.
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Royal Bank of Canada allocates $76M to Bitcoin proxy in Q2 2023
Royal Bank of Canada increased its Bitcoin proxy investment to $76M in Q2 2023, reflecting growing institutional interest in crypto assets like BTC and ETH.
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$Hyper secures $10.2M funding during Bitcoin’s $73,000 ATH surge
$Hyper secured $10.2M funding amid Bitcoin reaching $73,000, with participation from Pantera Capital and Coinbase Ventures, marking a pivotal crypto milestone.
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MicroStrategy MSTR at risk if Bitcoin BTC falls below $30,000
Ripple CTO David Schwartz states MicroStrategy MSTR faces risks if Bitcoin BTC drops below $30,000, citing its $5 billion BTC holdings.
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Bitcoin undervalued until Trump Fed Chair decision in November 2024
Bitcoin remains undervalued ahead of Trump’s Fed Chair announcement, with BTC at $60,000 and institutional interest from BlackRock and Fidelity rising.
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Bitcoin drops 15% as SEC delays ETF approvals in January 2024
Bitcoin dropped 15% to $42,000 amid SEC delays on ETF approvals, while Ethereum fell 12% as Grayscale sold $300M in assets.
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XRP whales allocate $10M to SolMining amid SEC lawsuit and price stagnation
XRP stagnates at $0.50 as whales shift $10M to SolMining, a Solana-based mining platform, amid Ripple’s ongoing SEC lawsuit and market volatility.
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Solana SOL drops 12% below $140 support amid market volatility
Solana (SOL) dropped 12% below $140 support, with Bitcoin (BTC) and Ethereum (ETH) also declining amid broader market volatility and reduced trading volume.
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MicroStrategy adds 430 BTC to treasury, total holdings reach 158,245 Bitcoin
MicroStrategy added 430 BTC to its treasury, now holding 158,245 BTC. The purchase cost $23.4 million, averaging $54,419 per Bitcoin.