Solidion Technology has announced a corporate treasury strategy involving buying Bitcoin using excess cash reserves. The company said in a press release that Bitcoin is a strategic asset and, therefore, a long-term store of value.

Jack Mallers reveals why Bitcoin isn't just an inflation hedge but the ultimate financial solution—highlighting its unmatched scarcity in a world where everything else multiplies like rabbits.

After a strong nine-day bullish streak, Bitcoin (BTC) dropped by 5.87%, falling from a peak of $91,765 to a low of $86,682. Pennsylvania's new bill allows the state treasury to invest up to 10% of its $7 billion fund in Bitcoin to hedge against inflation.

The lawsuit alleging that Elon Musk and his electric vehicle company Tesla manipulated the price of the meme coin Dogecoin is nearing its conclusion. Investors who filed the class action lawsuit have withdrawn their appeal, Reuters reported on Nov.

Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin.

This past week, Ethereum ETFs recorded over $1.63 billion of trading volume, up over 44% from the previous week.

Bitcoin has experienced a whirlwind of volatility following its recent all-time high of $93,483 set on Wednesday. Over the past few days, the price has oscillated between this record level and a low of $85,100, indicating the potential onset of a consolidation phase before the next major move.

An analysis from QCP Capital highlights bitcoin's latest breakout and future trends. QCP: Bitcoin's Rally Tied to Inflation Data, Trump Policies, and Market Shifts Bitcoin (BTC) achieved a record high of $93.4K during the New York trading session, according to the market update from QCP Capital. QCP analysts noted that the rally occurred following U.S.

Crypto investors who appealed the Aug 29 dismissal of the case against Elon Musk for fraud and insider trading are taking the lawsuit back. In addition to the withdrawal of their appeal, the investors are letting go of the sanctions against Musk's lawyers.

Crypto investors who appealed the Aug 29 dismissal of the case against Elon Musk for fraud and insider trading are taking the lawsuit back. In addition to the withdrawal of their appeal, the investors are letting go of the sanctions against Musk's lawyers.

CME's new Bitcoin Friday Futures weekly contracts have seen a significant uptick in institutional interest.

Shinobi argued that the surge of institutional bitcoin adoption will lead to premature ossification of the Bitcoin protocol. While I share this concern to an extent, I am less convinced this is necessarily true.

Investors withdrew their appeal and motions in Elon Musk lawsuit over Dogecoin manipulation and fraud.

Crypto retail investor demand has surged to a multi-month high, targeting memecoins and DeFi tokens, analyst says.

The user held BTC from when it was worth $0.06 all the way up to $90,000.

TL;DR 89% of new tokens launched in 2024 will come from the Solana ecosystem, with a strong push from memecoins. Pump.fun has been the main platform for the launch of these tokens, especially in the case of memecoins.

In a recent interview on CNBC's “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at VanEck, predicted that Bitcoin's current rally is “just getting started” and is expected to continue for at least two more quarters.

With Dogecoin reaching new levels of political and cultural relevance, experts are throwing out old assumptions about DOGE's potential peak.

Interest in Lummis's Bitcoin Act of 2024 grows amid Trump's victory and Bitcoins all-time high, highlighting its potential impact on US finance. The post Senator Lummis files ‘Bitcoin Act of 2024' bill proposing a US strategic BTC reserve appeared first on Crypto Briefing.

A Bitcoin investor from BTC's early days has resurfaced, achieving an astronomical 1,491,666,566% gain on their holdings. This incredible return stems from a hoard of 2,000 BTC, originally purchased at a low price of $0.06 per Bitcoin.

Investors are excited about a real-world asset altcoin (RWA) altcoin with the potential for explosive growth. Like Dogecoin in 2021, this under $1 token could turn a small investment into life-changing gains. PropiChain (PCHAIN), a tokenized real estate platform, is the best RWA altcoin to buy. Analysts describe PropiChain as a hidden gem.

TL;DR Pennsylvania introduces bill to integrate bitcoin into its state reserves. The Pennsylvania Bitcoin Strategic Reserve Act proposes that the state reserve up to 10% of its funds in bitcoin. This project seeks to diversify investments and combat inflation, making Pennsylvania a leader in financial innovation.

The dropped lawsuit highlights challenges in proving crypto market manipulation, potentially impacting future legal actions against influencers. The post Elon Musk dodges $258 billion Dogecoin lawsuit as investors drop appeal appeared first on Crypto Briefing.

After a notable upside rally across the cryptocurrency industry, the market is now facing a price correction, including Bitcoin (BTC). Amid this price correction, whales and institutions appear to be accumulating and adopting BTC, as reported by local media across the globe.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

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In one of the most significant cryptocurrency crime cases to date, Ilya Lichtenstein, who orchestrated the theft of 120,000 bitcoin from Bitfinex in 2016, was sentenced to five years in prison. The stolen Bitcoin (CRYPTO: BTC), worth $71 million at the time, is now valued at over $7.6 billion.

A closely followed crypto analyst believes that one red-hot Solana (SOL)-based memecoin still has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 228,800 followers on the social media platform X that Goatseus Maximus (GOAT) may soon break out of the upper bound of a trading range.

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), delivered a detailed address on Nov. 14 at the PLI Annual Institute on Securities Regulation. His remarks highlighted the SEC's approach to crypto regulation while repeatedly identifying the difference the SEC sees between altcoins and Bitcoin.

The spot Bitcoin Exchange-Traded Funds (ETFs) market continues to see increased adoption, with 13 new disclosures submitted recently. Prominent investment banking firm Goldman Sachs is among the latest investors expanding their Bitcoin portfolios.

A lawsuit accusing Elon Musk of rigging dogecoin is ending.

The Bitcoin market has been strong again during the past week, as we continue to see the $90,000 level offer a bit of a barrier. At this point in time, the market looks as if it is trying to find some more momentum.

Goldman Sachs (NYSE:GS) has dramatically increased its exposure to Bitcoin (CRYPTO: BTC) ETFs, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC), reflecting growing institutional interest in digital assets. What Happened: The Wall Street powerhouse disclosed $710 million invested across multiple Bitcoin exchange-traded funds (ETFs) for the quarter ending September 30.

Goldman's August crypto holdings were smaller, making the recent $710 million position a strategic shift amid growing institutional interest.

Dogecoin (DOGE) has recently experienced a staggering rally. Over the span of eight days, DOGE surged nearly 200%, reaching a local peak at $0.4385 on Tuesday.

Bitcoin was firmly in the limelight this week after the world's largest cryptocurrency smashed past previous records to clinch an all-time high of more than $93,000 at the mid-week point. While Thursday saw a bout of profit-taking, the BTC/USD has pushed higher this Friday, although the $90,000 price point remains out of reach at the time of writing.

ASICKey has launched its latest lineup of cryptocurrency miners amid renewed interest in Bitcoin mining driven by the rebound in prices. The post ASICKey Unveils New Bitcoin Miners as Price Surge Restores Interest in Mining appeared first on Cryptonews.

The US bitcoin ETFs saw combined outflows of $400 million on Thursday following remarks by Fed's chair Jerome Powell that there is no rush to cut rates.

Greenidge Generation Holdings Inc. will continue operating its Dresden, New York, facility following a legal victory against the state's Department of Environmental Conservation. According to a Nov.

The Bitcoin market has been slightly bullish during the early hours of Friday, as the market continues to pressure the $90,000 level. This is an area that I think will continue to attract a lot of attention at this point in time.

Dogecoin price has significantly benefited from the ongoing crypto cash rotation to the altcoin market as Bitcoin dominance signals an imminent reversal.

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Thumzup Media Corporation has announced the approval of a $1 million Bitcoin purchase, marking a key development in its financial strategy. The company's Board of Directors greenlit the decision, aimed at bolstering its treasury reserves with Bitcoin, an asset increasingly regarded for its inflation-resistant properties.

Solidion Technology, a US company listed on Nasdaq and a leader in the supply of battery materials, has revealed a significant shift in its capital management strategy with Bitcoin. The company announced that it will allocate 60% of the excess cash generated from operations to the purchase of bitcoin.

Dogecoin has dipped by 8% today, but ChatGPT has set it a near term target of $0.50, while it could rise as high as $5 in the next few years. The post AI Predicts $1 Timeline for DOGE – How Long Until $10? appeared first on Cryptonews.

In the last three days, Bitcoin miners have moved a total of 45,000 BTC to exchanges, with significant transfers, with the sell off putting some selling pressure on BTC price.

Dogecoin's (CRYPTO: DOGE) 9% price pullback presents a potential buying opportunity, according to optimistic cryptocurrency traders on social media. What Happened: After an 88% rally over the past week, Dogecoin has dropped 9% in Friday trading.

The Dogecoin price has dropped by 7.5% today, yet its high trading volume would suggest that a big rebound is coming this weekend. The post Dogecoin Volume Hits $20 Billion As Whales Accumulate – Is a Big Price Move Coming? appeared first on Cryptonews.