MicroStrategy, the fourth-largest holder of bitcoin, paused its buying streak last week, with Michael Saylor revealing on X that no new tokens were acquired, breaking its 12-week streak of bitcoin purchases last week. Notably, the company had been buying bitcoin on a weekly basis since Nov. 11, bringing its total holdings to 471,107 bitcoin. While Saylor didn’t specify why the company paused its purchases, analyst suggests that it could be due to the upcoming earnings release on Feb. 5. Public companies enter a blackout period before earnings reports to avoid insider trading, limiting buying or selling of company securities.
The US markets are experiencing one of the massive pullbacks, with major stocks plunging by…
PEPE hopped its way to a $3.8 billion market cap, but its reign as a…
Ripple’s (XRP) recent rally from $2.00 to $2.20 has sparked excitement among cryptocurrency enthusiasts. This…
The crypto circus has a new ringmaster: Influencer Pepe (INPEPE). This Pepe-the-Frog-inspired token is making…
The global cryptocurrency market took a major hit today, with the total market capitalization falling…
The cryptocurrency market took a nosedive Thursday, with Bitcoin and its digital cousins feeling the…