Coinbase (COIN. O) rose 2.1%, Bit Digital (BTBT. O) rose 2.8% and MicroStrategy (MSTR. O) rose 2.4%. ProShares Bitcoin Strategy ETF rose 2% and iShares Bitcoin Trust rose 2.2%.
Tether reported that based on the strong performance of the year, consolidated profit reached $7.70 billion in the first nine months of 2024, group equity reached $14.20 billion, and combined total assets reached $134.40 billion, all of which are the highest levels in history (ATH).
Crypto.com CEO said there could be price declines after the halving, citing the "buy-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go-go" mentality, whereby investors tend to buy ahead of good news and sell for a profit after it is digested. Nonetheless, he remains optimistic about Bitcoin's performance over the next six months and predicts a strong performance, arguing that the reduction in supply due to the halving of Bitcoin will