| Your Daily Digest of the 🔥Hottest News in Crypto | | | Today's top stories: 🐻 Bearish Bitcoin chart confirmed? 💪 MicroStrategy's big BTC buy 👉 3 coins back from the dead in 2024 📰 Keep reading to find out more about all of today's top stories | | | | Does bearish Bitcoin chart pattern mean $76K BTC price before Trump inauguration? Bitcoin's price has been in a slump since hitting $108,353 on Dec. 17, and its recent drop below $92,000 has put many analysts on alert due to the looming confirmation of a bearish head-and-shoulders chart pattern. A few daily closes below the pattern's neckline at $92,000 could be followed by a decline to the pattern's target at $79,500.
| | | | | | | | | MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024 MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices. On Dec. 30, MicroStrategy announced that it added 2,138 BTC to its holdings between Dec. 23 and 29. The company said it used $209 million in cash to purchase the coins at an average price of about $97,837 per BTC. According to a filing, MicroStrategy funded the acquisition by selling 592,987 shares during the same week.
| | | | | | | | Formula by Cointelegraph: Your equation for growth | | | | Success isn't a one-size-fits-all formula—: it's a journey of trial and error with lots of unknowns. Formula, Cointelegraph's marketing agency, simplifies this process with tailored crypto-native strategies, high-impact campaigns, and innovative solutions to make your brand truly unstoppable. | | | | | | | Crypto payments firm MoonPay secures MiCA approval in the Netherlands MoonPay reported receiving approval to operate as a licensed crypto business in the Netherlands under the European Union's Markets in Crypto-Assets (MiCA) bill. In a Dec. 30 notice, MoonPay said the Dutch Authority for the Financial Markets had issued the crypto firm a license in accordance with MiCA regulations. The regulatory framework, first adopted in 2023, was fully enforceable for crypto asset service providers operating in the EU as of Dec. 30.
| | | | | | | | | | [Cointelegraph Acceleration] An AI-driven project aims to transform DeFi by challenging the dominance of trading algorithms and reshaping how investors engage with the market. | | | | | Key DeFi innovations that shaped the global crypto market in 2024 | | | | New DEX tech, fractional ETFs and high-profile collaborations drive global crypto expansion, fueling immense excitement for 2025. | | | | | | | | | Crypto In-Depth 3 coins back from the dead in 2024 that may continue to rise in '25 | | Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year. | | | | | Join 3.5 million people who follow us on social media. | | | | | | | Cointelegraph | 21 W 46th St, New York, NY 10036-4119 USA | | You received this email because you signed up on our website. | | Download our official app: | | | | | | | | | | | |