Cryptocurrency News Today TheBitTimes.com

Shares in Strategy (MSTR) stock are climbing to start the week as the firm is resuming its purchasing of the Bitcoin cryptocurrency . BTC has hit a further ATH of $120,000 as institutional demand rises and the asset gets more attention on the federal stage. The US House of Representatives will review several key pieces of legislation involving crypto this week. This attention to crypto laws has shed a bullish light on Bitcoin, sending its price and BTC-related stocks higher. The rally in bitcoin has been accompanied by a surge in stocks with crypto ties, notably Coinbase (COIN), Robinhood (HOOD), and newly public stablecoin issuer Circle (CRCL). Coinbase and Robinhood shares are trading at record highs. Strategy, being the largest institutional investor in BTC, is up 10% since BTC breached its ATH last week. In addition, Strategy has unveiled a new purchase of over $472 million worth of Bitcoin (BTC). The company revealed today that it acquired 4,225 BTC between July 7 and July 13 at a...

The cryptocurrency industry has been on an upward trajectory since Donald Trump’s win. While some were celebrating the notable surge in their profits, a few others were dreading selling early. Amidst this, several individuals continue sitting on the fence. As a result, Bernstein analysts stepped up and urged the community to begin purchasing. Also Read: XRP’s 40x Rally: Expert Warns of Market Manipulation Bernstein Analysts Urge Cryptocurrency Investors To ‘Buy Everything’ Bernstein Research has strongly endorsed the cryptocurrency industry. They were seen telling investors to “buy everything you can.” The market’s strength is attributed by analysts Gautam Chhugani and Mahika Sapra to a changing political environment in Washington, where new policy advisors are anticipated to reduce long-standing regulatory obstacles for the sector. This optimism came from Donald Trump’s win. The analysts are looking forward to the anticipated favorable regulato...