Posts

Showing posts with the label Institutional Investors

Strategy Dumps $100M BTC, Boosts STRC Holdings

Image
  Join our trading community for real-time crypto insights, market analysis, and automated trading tools. Stay updated with the latest strategies and signals to improve your trading decisions. Learn more: https://t.me/futuressignalsrobot MicroStrategy sold over 1,600 BTC last week. It also expanded its cash reserves and bought back more STRC. Strategy has increased its US dollar reserve and expanded its preferred-stock repurchases. The otherwise Bitcoin-focused company is moving to strengthen its balance sheet. The firm added $250 million to its cash reserve, bringing the total to $4 billion. It also repurchased approximately $81 million worth of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The transaction builds on the firm’s recently introduced Digital Credit Capital Framework. The company intends to use its dollar reserve primarily to cover preferred-stock dividends and debt interest, reducing the need to sell Bitcoin during periods of ma...

BTC Setup Could Send ETH to $20K

Image
  Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily Some traders dismissed the ambitious forecast, while others argued a five-figure ETH price is far from unrealistic. Pseudonymous trader CrediBULL Crypto is calling for Ethereum (ETH) to reach $20,000 or higher, repeating a target he first laid out three weeks ago when the token was trading near $1,500. According to him, Ethereum is finishing a multi-year base against Bitcoin (BTC) and is about to enter its first bull run since 2017. The Charts Behind the $20K Call Responding to a claim by alphatracker that ETH would go to $10K+, CrediBULL simply posted “$20K+,” and shared a link to a video where, instead of presenting the target as speculation, he built his case around long-term chart structures on both the ETH/USD and ETH/BTC pairs. “I’ve always said $10K is the absolute minimu...

Soft CPI Sends Bitcoin Higher, Traders Cautious

Image
  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance. Bitcoin (BTC) spiked past $64,000 into Tuesday’s Wall Street open as US inflation saw a surprise sudden downturn. Bitcoin returns to near the top of its local trading range on US inflation data. The biggest drop in CPI since April 2020 boosts crypto and risk assets. Traders remain in wait-and-see mode over whether local resistance will break. BTC/USD gaining more than 2% on the day as the June print of the Consumer Price Index (CPI) came in below expectations. Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavior and trends. We have a skilled team of full time crypto traders who excel in m...

Bitcoin Holds $62K as ADA, HYPE Lead Alt Rally

Image
  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/btctradingclub Bitcoin remained in the green over the past 24 hours, while several large-cap cryptocurrencies managed to post gains as the braoder market climbed. The cryptocurrency market managed to sustain its recovery over the past 24 hours. Most of the large-cap altcoins are trading in the green. Bitcoin maintained its recent rebound, as some alts delivered even stronger daily gains. The total crypto market cap also rose as traders returned to risk assets following a volatile start to the month. However, BTC’s dominance remains steady, suggesting that the market recovery is unfolding in a balanced manner. BTC Defends $62K Following Latest Bounce Bitcoin’s price traded mostly in the green throughout the past 24 hours, staying above the $62K mark after reclaiming it earlier in the ...