Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its Nov. 10, 2021, all-time high of $69,044.77, while its market cap is down to $318.943 billion from the yearly high of $902.04 billion  — a 64.64% decline.

Bitcoin (BTC) staged a modest recovery on Dec. 29 as United States stock markets rebounded in step.

MicroStrategy sold bitcoin (BTC) for the first time since it began its policy of buying the cryptocurrency in 2020.

A newly elected pro-Bitcoin Prime Minister has taken office in the Pacific Islands of Fiji. The new leader, Sitiveni Rabuka, took the Fijian office on Dec. 24. 

Software analytics company MicroStrategy recently added more Bitcoin (BTC) to the firm’s holdings. Members of the crypto community had mixed reactions to the move. Many commended the move, while some brought up some potential negative effects. Some think this new action could potentially spark a new bottom price for the top digital asset.

MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023. In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity solution aimed at corporate websites. (Cointelegraph)

Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor.In its filing with the U.S. Securities and Exchange Commission (SEC), Microstrategy clarified that the 2,500 coins were acquired between Nov. 1 and Dec. 24 by its wholly-owned subsidiary Macrostrategy. (Btcoin.com)

Bitcoin is a perfect combination of hard money with the flexibility of a digital bear asset. It is scarce, divisible, transparent, immutable, and verifiable.

Michael Saylor, executive chairman of MicroStrategy, said on Dec. 28 that his company will introduce a Lightning Network-based product in 2023.

According to research that was published on the 28th of December by Aurelien Ohayon, CEO of the strategic services platform XOR, it has been observed that Bitcoin’s previous bull runs have occurred after every four years. In this particular instance, he pointed out that the first bull market began in 2011, followed by another decline in 2014, which was followed by a rebound in 2015. In point of fact, following the crypto cold season of 2018, Ohayon pointed out that 2019 would form the base of another Bitcoin bull run.