Embattled crypto lending platform Celsius is announcing a plan to distribute hundreds of millions of dollars worth of Bitcoin (BTC) and cash to its creditors.
Metaplanet announced today that it will be issuing its Moving Strike Stock Acquisition Rights. The business will strengthen its position as Asia's first Bitcoin Treasury Company.
MARA grows BTC holdings to 34,797 BTC, valued at $3.3B, following a $1B convertible note offering and 6,474 BTC purchases in November
MicroStrategy, once hailed as a trailblazer for its audacious Bitcoin (BTC) investment strategy, is now under the microscope after a dramatic $30 billion loss in market capitalization within four days. This steep decline, triggered by Bitcoin's price correction, has reignited debates about the risks of the company's heavily leveraged crypto-centric approach.
Over the last 24 hours, XRP has witnessed significant token transfers. WhaleAlert noted the two large XRP transactions totaling about 44 million XRP. Notably, both transactions involved moving substantial amounts of XRP from prominent exchanges to unknown wallets. The most recent transaction involved the transfer of 18.7 million XRP, valued at approximately $27.
A closely followed crypto analyst says he believes Bitcoin (BTC) may be on the verge of a Thanksgiving breakout. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 91,000 followers that Bitcoin may surge by nearly 4% during the holiday.
Bitcoin today celebrates the 12th anniversary of its first halving, a historic event that halved miners' rewards from 50 to 25 BTC per block. This date marks the beginning of a series of transformations that have shaped the economy of Satoshi Nakamoto's invention, now valued at over 95,000 dollars.
Investors ramping up their appetite for bitcoin could lead the crypto to soar 136% in the coming years, one analyst says.
Metaplanet, a Japanese investment firm, has announced plans to raise $62 million by issuing stock acquisition rights to EVO Fund. The raised funds will be allocated to buying more Bitcoin for its treasury management.
In a recent interview with Indian media outlet Money Control, billionaire Tim Draper said that Bitcoin, the leading cryptocurrency, is still "cheap" despite recently approaching the $100,000 level.
XRP whales have been actively moving large quantities of the cryptocurrency, with recent transactions indicating strong movements within the market. On November 28, over 18.7 million XRP, worth approximately $27.2 million, was transferred from Binance to an unknown wallet.
Microsoft placed an "assessment in investing in bitcoin" as a shareholder voting item on the agenda for its annual meeting on Dec. 10.
As Bitcoin is regaining significant upward strength, a notable trend has been spotted among long-term holders as indicated by a huge drop in the average age of wallets holding BTC. The trend demonstrates shifting market dynamics, prompting the modification of positions by retail and institutional players in anticipation of future price fluctuations.
Bitcoin's path to $100,000 is supported by strong institutional interest, macroeconomic trends, and miner confidence.
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Ethereum blockchain co-founder Charles Hoskinson has predicted that Bitcoin could soar as high as $500,000 within the next two years, according to a new video posted this week by the Cardano founder. Hoskinson's commentary comes shortly after Satoshi Nakamoto-created nearly soared past $100,000 in value just last week. The post ETH Co-Founder Charles Hoskinson Predicts Bitcoin Could Hit $500,000 Within 2 Years appeared first on Cryptonews.
Key Points of the News: TON Teleport BTC launches its white paper and activates its testnet, marking a key step toward integrating Bitcoin into The Open Network ecosystem. This decentralized bridge enables secure Bitcoin transfers through smart contracts, ensuring interoperability and autonomy for users.
The incoming Trump administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) greater regulatory control over Bitcoin (BTC) and Ethereum (ETH) spot markets, potentially reducing the Securities and Exchange Commission's (SEC) role. This move aims to clarify regulatory responsibilities and reduce enforcement-driven approaches, fostering a more innovation-friendly environment in the United States crypto market.
Bitcoins plunge to $90,000, followed by a recovery to $95,719, has sparked attention from analysts. They cite reduced profit-taking by long-term holders as the key factor behind the correction, possibly signaling that Bitcoin has already reached a local bottom.
The digital assets landscape saw bullish actions today, with the global crypto market cap surging 1.78% to $3.32 trillion. The upside came as Bitcoin rebounded to a daily high of $97,357 early today. BTC changes hands at $95,650 at press time as enthusiasts await the highly sought-after $100,000 milestone.
The Shiba Inu price is currently witnessing a significant correction alongside Bitcoin. However, crypto analysts have suggested that Shiba Inu can experience a parabolic rally if the flagship crypto were to enjoy a bullish reversal above $100,000.
Bitcoin is at a critical juncture, where it can move in either direction. However, an upward movement is more likely.
Thanksgiving is a fascinating period for bitcoin (BTC), often showcasing wild price swings and headline-grabbing moments. Feast or Famine in 2024? Bitcoin's Thanksgiving History Leaves Investors Guessing Over the last five years, bitcoin's holiday behavior has piqued the curiosity of investors and analysts.
XRP is trading at $1.47, its highest since 2021, and could shatter its 2018 all-time high of $3.317. A rare golden cross, combined with the breach of a 5-year resistance, signals a historic price breakout for the cryptocurrency.
Miners face a 50% block reward cut since April, with daily bitcoin mining capped at 450 coins.
Chris Burniske, a prominent voice in the crypto space and partner at Placeholder VC, dismissed the idea of a Bitcoin (CRYPTO: BTC) "supercycle," labeling it a “collective delusion.” What Happened: In a detailed thread on X on Wednesday, Burniske warned investors against the belief that Bitcoin's bull markets will eliminate future bear markets, despite new factors such as Bitcoin exchange-traded funds (ETFs) and potential sovereign adoption.
Metaplanet's stock surged 6.5% after announcing a $62 million fundraising to acquire more Bitcoins, extending its year-long rally.
Bitcoin futures open interest has risen sharply, signaling increased trading activity and market speculation, following Trump's win.
In a research note titled “Bitcoin's Road to $100K – Tear Down This Wall,” Alex Thorn, Head of Firmwide Research at Galaxy Digital, provides an analysis of Bitcoin's recent performance and the factors influencing its trajectory toward the $100,000 milestone.
The country's office of the Advisory Committee on business appointments approved Baker's bid to join Axiom as a paid advisor.
Bitcoin price returned to the psychological $95k mark on Tuesday, raising hopes that it could touch $100k. But what are the odds?
The TON Teleport BTC white paper introduces a trustless bridge allowing secure Bitcoin transfers between the Bitcoin and TON blockchains.
Bitcoin recently saw a 9% retrace from its all-time high of $99,800, narrowly missing the psychological $100K milestone. The pullback brought BTC down to a low of $90,700 on Tuesday, sparking concern among some investors.
BlackRock's Bitcoin exchange-traded fund (ETF) has recorded zero inflows for the past two days. Institutional investors have lost their appetite for Bitcoin exposure despite the ongoing bull market in the broader cryptocurrency space.
XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.
The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC's latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion.
It is Thanksgiving in the U.S., and Michael Saylor, cofounder and chairman of MicroStrategy, has sent out a tweet that has resonated strongly within the cryptocurrency community. In an X post, Saylor simply stated, "Thank you Satoshi.
The price of popular cryptocurrency XRP is about to hit an all-time high. Currently trading at $1.47 per XRP, the price of the popular cryptocurrency is at its highest level since May 2021, when the last widely recognized bull market in cryptocurrencies took place.
Jan Happel and Yann Allemann, who go by the X handle Negentropic, recently opined that long-term holders taking profits was one of the key reasons behind Bitcoin's recent price correction.
Ripple edges closer to legal clarity as the SEC lawsuit nears resolution. Court rulings boost XRP's price and market confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out every weekday for subscribers.
Crypto hedge fund Pantera Capital has revealed in a new post that its Patnera Bitcoin Fund's lifetime return has recently topped 131,000% net of fees and expenses after the price of the flagship cryptocurrency Bitcoin surged to near $100,000 after the US elections.
While the crypto community is still waiting for Bitcoin to cross $100k, the total market cap of Crypto increased by 1.56% in the last 24 hours. Bitcoin suffered a loss of 4.22% and is now trading at $95,643, however there are some alts unaffected by its movement.
The XRP price is ripping higher on the back of mounting positive news flow this week and could hit $40 in three months. Here's why The post Why the XRP Price Could Hit $40 in 3 Months as Ripple News Excites Market appeared first on Cryptonews.
Bitcoin remains steady at $95,700, just shy of its recent all-time high of $99,645.39 reached six days ago. Ethereum has gained 1.25% in the last 24 hours to trade at $3,566.36, while Solana has cooled to $235.92 after hitting its own peak of $263.21 five days ago.
Ripple's investment in Bitwise's rebranded GXRP ETP paves the way for XRP ETF ambitions, reshaping institutional crypto adoption.
In a latest development, the Advisory Committee on Business Appointments (ACOBA) has approved former UK Minister Steve Baker as an advisor to Bitcoin VC firm Axiom Venture Fund II LP. Notably, Steve Baker has become the latest politician to transition from public service to the cryptocurrency sector.