Shares of business intelligence firm MicroStrategy (MSTR) hita new record high of $341 earlier today after surging by as much as 25% within just one trading session.

After over 24 years, MicroStrategy has hit a new all-time high pic.twitter.com/ZfpflgTh4m

— db (@tier10k) November 11, 2024

Meanwhile, Bitcoin has surged above the $87,000 level for the first time, peaking at $87,293.

It took the company a whopping 24 years to record a new record high. MicroStrategy was the darling of the dot-co

Bitcoin has reached a new record high of $86,800 at 19:07 UTC on the Bitstamp exchange.

It is currently trading $86,104 after paring some of its impressive gains. Still, the leading cryptocurrency is up by roughly 7%.

Former Binance CEO Changpeng Zhao has already commented on Bitcoin entering its new price discovery phase. "Crossing the chasm, finally," he said.

Zhao likely referenced "Crossing the Chasm," a popular marketing book written by Geoffrey A. Moore. The book focuses on the adoption

Bitcoin, the flagship cryptocurrency, hit a new record high of $85,000 on the Bitstamp exchange at 16:24 UTC.

The leading cryptocurrency is already up by more than 100% in 2024 after adding 155% during the previous year.

The crypto king has so far surged by as much as 20% during this November.

Polymarket bettors now see a 53% chance of Bitcoin hitting the $100,000 mark during this year.

How high can Bitcoin go?

According to Blockstream CEO Adam Back, the flagship cryptocurrency could end up

Peter Brandt, expert trader and renowned technical analysis guru, recently provided a fresh new outlook on the price action ofBitcoin (BTC). Over the past weekend, thanks to the fact that the cryptocurrency market literally never sleeps, the price of the major cryptocurrency soared by over 5.1%, going all the way from $75,714 to $81,500 perBTC.

While Bitcoin was tearing all-time high after an all-time high, many left sidelines, seeking answers as to what to expect next. That is when Brandt arri

Bitcoin (BTC), the world's leading digital asset, has a not-so-publicized record in the crypto and traditional finance ecosystem. This Bitcoin achievement is further complemented by the soaring price of the coin.

Bitcoin's increasing relevance

According to prominent crypto analyst Fred Krueger, BTC is the fastest asset to cross the $1 trillion mark. In a post on X, Kruegerposted a chart showing 10 assets whose value has crossed $1 trillion. According to the details, it took Bitcoin 12 years to

In a noteworthy technical milestone, XRP has achieved a golden cross — this time on its four-hour charts.

A golden cross, often viewed as a bullish signal, happens when a short-term moving average, such as the 50-period moving average, crosses above a long-term moving average, such as the 200-period moving average.

A golden cross, especially on a four-hour chart, is viewed as an indicator of short-term price movement, suggesting that bullish sentiment may be on the horizon. However, golden cro

Mike McGlone, the senior commodities strategist at Bloomberg Intelligence, has taken to his profile on the X social media platform (widely famous as Twitter in the past) to share part of the recent Bloomberg report.

This document mentions new Bitcoin data after the flagship cryptocurrency has reached yet another historic price peak. It talks about not only a change in the Bitcoin market situation but of that of gold, its physical rival, too.

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"Bitcoin-to-Beta correlation is high"

McGlone

Bitcoin, the biggest cryptocurrency by market cap, has recently achieved a historic milestone, surpassing the $82,000 mark for the first time. This remarkable gain has garnered reactions across the board, including from well-known cryptocurrency critic Peter Schiff.

In his characteristic manner, Schiff expressed his skepticism about Bitcoin's surge, claiming that it had little to do with its fundamentals.

In his tweet, Schiff stated that Bitcoin's rise "has nothing to do with its supposed fund

U.Today has prepared a summary of the top three news stories over the weekend.

SEC is "done," former official says

In a recentpost on X platform, former SEC official John Reed Starkstated that the U.S. SEC is essentially "done." He believes that in the coming years, it is unlikely that the regulator will pursue significant cases against the cryptocurrency industry. Meanwhile, Ripple's chief legal officer Stuart Alderotyhas urged SEC Chair Gary Gensler and his "anti-crypto minions" to voluntari

New weekly research fromCoinShares bought fresh insights to the current conjecture on the cryptocurrency market. As it turns out, last week saw an astounding $1.98 billion in inflows into cryptocurrency-focused investment products.

Among the major highlights is $157 million in inflows to exchange-traded products, mostly funds, of course, linked toEthereum (ETH). In fact, this amount is 1,652% higher than what ETFs on the major altcoin saw a week earlier.

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As a result, Ethereum ETFs now co

As Bitcoin has been scoring one all-time high after another in the last few days, whales have been transferring massive amounts of BTC. By now, this cumulative stash has reached more than $3 billion worth of Bitcoin.

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Whales grab $3.28 billion amid Bitcoin’s ATHs

Cryptocurrency analyst and trader Ali Martinez has published a post on his X account, revealing Glassnode data about the most recent acquisitions of BTC whales. The chart that he shared shows a drastic plunge in the Bitcoin suppl

Dogecoin (DOGE), amid its bullish price performance, has also seen a surge in its Open Interest. Per CoinGlass data, an analytics platform on the crypto market, the open interest has jumped by 20.07% in 24 hours, which is $2.4 billion. This represents a total of 8.28 billion DOGE committed by futures traders.

Dogecoin’s Open Interest shows investor confidence

An analysis of the data shows that a greater concentration of the numbers cuts across major crypto trading platforms such as Binance, By

XRP, the eighth-largest cryptocurrency by market capitalization, has seen a surge in trading volumes over the past 24 hours. According to CoinMarketCap data, XRP trading volume is up 103.21%, with 7.45 billion XRP traded in the last 24 hours amounting to $4.37 billion.

This rise in activity coincides with a broader market boom that saw Bitcoin reach $82,000 for the first time in its existence. Bitcoin reached a new all-time high of $82,444 on Monday, driving demand for other altcoins, which hav

Bulls keep controlling the situation on the crypto market after the weekend, according to CoinStats.

SOL/USD

The rate of Solana (SOL) has increased by 5.43% over the last 24 hours.

On the hourly chart, the price of SOL is rising after a breakout of the local resistance of $212.38. If the growth continues and the daily bar closes far from that mark, there is a chance to see a test of the $230-$240 zone.

On the biggest time frame, the rate of SOL keeps growing after yesterday's bullish closure

The market keeps growing at the beginning of the week; however, there are some exceptions to this rule, according to CoinStats.

DOGE/USD

DOGE is the biggest gainer today, rocketing by almost 20%.

On the daily chart, traders should pay attention to the current bar's closure in terms of yesterday's candle peak. If a false breakout happens, there is a chance to see a correction to the $0.28 area.

DOGE is trading at $0.2895 at press time.

SHIB/USD

SHIB has followed the growth of DOGE, rising b

A new week has started positively for most of the coins, according to CoinMarketCap.

BTC/USD

The rate of Bitcoin (BTC) has risen by 3.09% since yesterday, having set a new all-time high.

On the daily chart, the price of BTC keeps growing after yesterday's bullish closure. As there are no vital levels nearby, one should pay attention to the nearest bar peak of $81,482. If the candle closes far from it, the upward move is likely to continue.

Bitcoin is trading at $82,063 at press time.

ETH/US

Dogecoin's recent market performance has left its cofounder, Billy Markus, widely known in the community as Shibetoshi Nakamoto, stunned by the significant upward momentum of the coin he helped launch. Over the past week,Dogecoin has seen an 83% increase in price, its largest weekly gain in over two years, pushing its value to an impressive $0.3 - its highest level since 2021.

Markus was pretty blown away by the speed of Dogecoin's rise and was pretty open about how he felt when he saw the pric

Virginia-based business intelligence firm MicroStrategy has purchased 27,200 coins for $2.03 billion, according to its Monday press release.

The firm bought its latest batch of Bitcoins at an average price of $74,463.

After its most recent purchase, which was funded via an at-the-market (ATM) equity offering, MicroStrategy's total holdings have now swelled to almost $23 billion. The firm's average purchase price is now approaching the $43,000 mark.

Earlier today, the price of Bitcoin hit yet

Nearly half a billion SHIB meme coins have been scorched over the past day as a result of a sudden increase in the community’s burn activity. This time, a mysterious whale stepped in to facilitate a staggering SHIB burn, according to the data shared by Shibburn.

This coincided with a stunning increase of the SHIB price by more than 24%, which pushed it to the $0.00002753 level.

463.4 million SHIB torched; burn rate up 1,837%

Tracking platform Shibburn revealed that since yesterday morning, on

With an incredible 21 trillion SHIB transactions in the last 24 hours, Shiba Inu has broken previous records. SHIB's price has increased dramatically as a result of this spike, which has also given the meme coin newfound attention. SHIB's network is very active, as evidenced by the most recent data from IntoTheBlock, which shows both high transaction volume and an increase in the number of transactions.

The price chart of SHIB shows a robust upward trend with a recent sharp increase. Following