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Cryptocurrency News Articles
Michael Saylor's 2025 Begins with "Thinking Bitcoin" as BTC Price Consolidates Around $98K
Jan 05, 2025 at 10:21 pm
As 2025's start gets underway, Michael Saylor, executive chairman and co-founder of MicroStrategy, has revealed the key thing he's thinking of.
MicroStrategy, led by Bitcoin enthusiast Michael Saylor, is planning to raise $2 billion in capital through public offerings of perpetual preferred stock in the first quarter of 2025.
The capital will be used to purchase more Bitcoin, adding to the company's already substantial holdings.
As of Dec. 30, MicroStrategy owned 446,400 Bitcoin, valued at $43.9 billion. It purchased 257,250 Bitcoin in 2024 alone — the company’s largest Bitcoin buying year yet.
Bitcoin price consolidating around $98,000
Bitcoin price is consolidating around $98,000, waiting for the next big move as investors anticipate what 2025 will hold for the flagship cryptocurrency.
After starting the year strong with a surge from $91,887 on Dec. 31 to $98,969 on Jan. 3, Bitcoin remained in the same range for a few days before dropping slightly to $97,960 at the time of writing.
On the weekly chart, Bitcoin is up 4%. Both moving averages have flattened out, and the relative strength index (RSI) is just over the midway point, indicating a possible consolidation in the short term.
Bitcoin could fluctuate between $100,000 and $90,000 for some time. If investors push the price beyond $100,000, Bitcoin is expected to retest its all-time high of $108,353.
Alternatively, a break and close below $90,000 would pave the way for a drop to the support at $85,000.
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
