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Showing posts with the label layer-2 network

Strategy spends $742m on BTC as Bitcoin Pepe presale commences tomorrow

Strategy (formerly MicroStrategy) has resumed its Bitcoin acquisitions with $742 million The Bitcoin Pepe presale kicks off in 18 hours, with the project focusing on uniting all memes on a single blockchain Strategy purchases 7,633 BTC for $742m Michael Saylor’s Strategy (formerly MicroStrategy) has resumed its weekly Bitcoin acquisition after spending over $400 million. On Monday, the company announced that it purchased another 7,633 BTC for approximately $742.4 million at an average price of $97,255 per Bitcoin. $MSTR has acquired 7,633 BTC for ~$742.4 million at ~$97,255 per bitcoin and has achieved BTC Yield of 4.1% YTD 2025. As of 2/09/2025, @Strategy holds 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. https://t.co/rIftxRX2Zr — Michael Saylor⚡️ (@saylor) February 10, 2025 This latest acquisition follows the sale of 516,413 shares of Strategy’s class A common stock ($179 million) and 7,300,000 shares ...

Neiro Ethereum Price Plunges 15% As The Pepe Unchained ICO Closes On $10 Million

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The Neiro Ethereum price plummeted over 15% in the last 24 hours to trade at $0.1219 as of 5:33 a.m. EST. The NEIRO price is now down more than 39% over the past 7 days, though it remains up a stratospheric 797% over one month.  4-hour chart for NEIRO/USD (Source: GeckoTerminal ) The Neiro Ethereum Price Trapped In A Bearish Channel The Neiro Ethereum price has been stuck in a descending price channel over the past few days after it printed a series of lower highs and lower lows during this period. NEIRO is still trading in this bearish channel, and is therefore at risk of losing the key support level at $0.1153 in the coming 24 hours. Should NEIRO drop below $0.1153 through the course of the next trading day, it could be exposed to the risk of plunging to the next technical safety net at $0.0494 in the following 24-48 hours. However, the Neiro Ethereum price maintaining a position above $0.1153 for the next 24 hours might prevent the bearish thesis from happening. In this...