Past 12H Market Dynamics | BTC Market Value Over Silver, MicroStrategy Throws 2 billion Continues to Add Positions
Layergg2024/11/12 02:53
By:Layergg
In the past 12 hours, a series of noteworthy events have taken place in the crypto market. Here are some of the key developments:

$BTC hits $89,000, surpassing silver market cap
2. MSTR purchases 27,200 bitcoins
3. BlackRock $IBIT trading volume exceeds $4.40 billion
4. Added $2 billion USDT casting
5. Tesla's Bitcoin holdings are worth $1 billion
6. The Ethereum consensus layer roadmap will be released soon
7. $ACT and $PNUT listed on the head, low FDV Meme Coin boom
8. Mantle's $COOK Fee Reward
9. $BLUR fee conversion proposal
The details are as follows:
$BTC - Bitcoin continues its explosive rise, hitting $89,000 and surpassing silver in market capitalization.
MicroStrategy - Purchased 27,200 additional bitcoins for about $2.03 billion, pushing $MSTR stock to an all-time high after the session, topping $350.
BlackRock - $IBIT trading volume hit $4.47 billion yesterday, and total Bitcoin spot ETF trading volume reached $7.22 billion, the highest since March 14.
$BTC - Dennis Porter, founder of the Satoshi Action Fund, hinted that there will be big news about Bitcoin this week.
$USDT - Tether minted $2 billion of new USDT, in addition to more than $100 million of USDC minted.
Tesla - its bitcoin holdings are worth more than $1 billion.
$ETH - Justin Drake of the Ethereum Foundation hints at a redesign to be released at Devcon (Nov. 12)
The beacon chain roadmap of the Ethereum consensus layer, the market is looking forward to ETH 3.0.
The head office - the listing of $ACT and $PNUT triggered an explosive rise in low FDV Meme coins.
$COOK - Mantle's DeFi strategist @Defi_Maestro announced that $COOK is about to start distributing $cmETH rewards.
$BLUR - Split Capital proposed a "BLUR Fee Conversion" that would increase agreement fees and introduce a framework to reallocate fees to $veBLUR.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Berachain Adds RWA, Gachapon, and LST to Its Vault System
CryptoNewsNet•2025/06/19 09:48

VeChain Earns Academic Recognition for Blockchain in Wine Traceability
CryptoNewsNet•2025/06/19 09:48

Worldcoin Price Prediction: Bearish Momentum Builds as Price Slips Below $0.91 with Weakening Open Interest
CryptoNewsNet•2025/06/19 09:48

Bitcoin Price USD Outlook: Will $100K Hold or Is a Deeper Breakdown Coming?
CryptoNewsNet•2025/06/19 09:48

Trending news
MoreCrypto prices
More
Bitcoin
BTC
$104,491.75
-0.53%

Ethereum
ETH
$2,513.86
-0.65%

Tether USDt
USDT
$1
+0.01%

XRP
XRP
$2.15
-0.16%

BNB
BNB
$641.43
-0.40%

Solana
SOL
$144.23
-1.47%

USDC
USDC
$0.9999
-0.00%

TRON
TRX
$0.2742
+1.46%

Dogecoin
DOGE
$0.1687
+0.05%

Cardano
ADA
$0.5958
-1.51%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now