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Alongside, bitcoin on exchanges have fallen to almost a four-year low, suggesting heightened investor demand.

The purchases took place over the week ended Sunday and were funded with share sales under the company's ATM program.

David Marcus, who led the Facebook project, reflected on its demise in a social media post titled "How Libra Was Killed."

Your day-ahead look for Dec. 2, 2024.

Analyst Mark Palmer shares a few tidbits about why bitcoin is still a bullish play.

(Bloomberg) -- Bitcoin bulls are starting to express some doubts after what seemed like an inevitable march toward a record high price of $100,000 loses momentum. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic Jams“While we’re seeing strong institutional buying pressure, particularly from entities like MicroStrategy’s continued accumulation strategy, the broader crypto ecosystem is experiencing a div

Crypto has again gripped investors, with the asset class going on a massive run over recent months.