Bitcoin has set a new all-time high! The highest point on the Bitstamp chart is currently $69,210. This means the price has exceeded the old record of $69,010 from November 2021. That was now 854 days ago.
Bitcoin has already managed to break new records: a higher price in euros and pounds and a higher market capitalization than ever before. But now the dollar exchange rate is also at an all-time high. The memes on
Recent outages at the largest centralized crypto exchanges, Binance and Coinbase, are mainly caused by the increased activity of algorithmic trading companies.
This is what Ivo Crnkovic-Rubsamen, the chief strategy officer at dYdX, said in an interview that rapid price movements and growing interest from retail investors are leading to a huge increase in order placements and cancellations by these companies. The analyst said this in conversation with Cointelegraph.
Disruptions during peak loads are nothing new. We see this in many digital companies. From the games industry with a new release to crypto exchanges.
MicroStrategy has announced it will offer $600 million in corporate bonds due 2030. With this move, the American company wants to attract new money to buy even more bitcoin (BTC).
MicroStrategy has announced its plans to use the net proceeds from the sale of the bonds to purchase additional bitcoin and for general corporate purposes. Under certain conditions, MicroStrategy may repurchase all or a portion of the bonds for cash beginning March 22, 2027. Bondholders have the right to require MicroStrategy to repurchase all or part of their bonds for cash on September 15, 2028.
Source: https://bitcoinmagazine.nl/nieuws/goedemorgen-bitcoin-koers-bereikt-nieuw-record
