News

🚀 MicroStrategy to See $10B Inflows After S&P 500 Inclusion, MSTR Rally to $500 Soon?

MicroStrategy, the world’s largest corporate holder of Bitcoins, has witnessed a massive run-up this year with its Bitcoin accumulation strategy, and as a proxy bet to BTC. Market analysts predict that as the MSTR stock enters the S&P 500 index, it is likely to see $10 billion inflows. This could set up the stage for the next mega rally for the stock.

⚠️ Binance And Changpeng Zhao Faces FTX Lawsuit To Return $1.8B Fund

FTX has recently filed a lawsuit against Binance and its former CEO Changpeng Zhao, demanding a return of $1.8 billion. According to FTX, the fund was fraudulently transferred by its co-founder, Sam Bankman-Fried, to the leading crypto exchange. This legal development has sparked speculations in the broader crypto market, especially as it comes as FTX works to recover funds following its collapse two years ago.

🚨 MicroStrategy Buys 27,200 BTC Worth Over $2B, MSTR Stock Jumps 8%

MicroStrategy has announced that it has acquired more Bitcoin for $2 billion and now holds 279,420 BTC. This comes amid the Bitcoin price reaching new highs, which puts its Bitcoin investment in unrealized profit of over $10 billion. Meanwhile, the MSTR stock surged 8% on the back of this announcement from the company.

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Markets

📊 Crypto Prices Today Nov 11: BTC Tops $81K, DOGE Touches $0.3

The crypto prices today have continued to pump considerably, sparking investor optimism across the globe. Bitcoin (BTC) price reached new levels, resting at the $81K mark. Whilst, Ethereum (ETH), Solana (SOL), and XRP prices gained 3%-11% intraday. Simultaneously, Dogecoin (DOGE) emerged as the day’s top gainer, leading the meme coin sector.

📉 Crypto Market Crash: Will Bitcoin, ETH, SOL, XRP, DOGE Fall As BTC IV Crashes?

The crypto market witnessed a sharp selloff on Monday as $90 million in positions were liquidated within an hour. Bitcoin price slipped more than 1%, whereas Ethereum price dropped nearly 2% due to profit-booking by investors.

🔥 Is Donald Trump’s Win Boosting Crypto Appeal To Wall Street Players?

Pro-crypto candidate Donald Trump’s recent win in the U.S. elections appears to have boosted the growth for crypto, primarily among institutional players in the industry. Recent market events portray growing demand for digital assets among key Wall Street players in light of the Republican’s recent win. Aligning with this monumental feat, former executives at Millennium Management LLC and Pacific Investment Management Co., renowned asset management firms, recently revealed a new crypto advisory firm, x2B.