YouTube rival Rumble says it will allocate up to $20 million of its excess cash reserves toward Bitcoin (BTC). The online video platform announced in a press release this week that its board of directors voted to approve the new “corporate treasury diversification strategy.
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
According to a recent research report published by OKG Research on Tuesday, crypto markets felt the reverse of the Trump trades, which began during the presidential election period.
Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as per the latest Bloomberg report. This move comes as the company looks to capitalize on November's Bitcoin rally.
Bitcoin's record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for further gains beyond $100,000.
Joana Cotar, a member of the German Bundestag and a longtime advocate of Bitcoin (BTC) adoption, is pushing back against the government's recent decision to sell its BTC holdings. Having witnessed the sale of approximately 50,000 confiscated Bitcoin earlier this year, Cotar is now championing the idea of establishing a strategic Bitcoin reserve for Germany.
Is it really a surprise when the hallmark for cryptocurrencies around the world is at the doorstep of reaching yet another milestone?
Pantera CEO Dan Morehead wrote that Bitcoin could skyrocket as institutional investors, regulators, and lawmakers warm up to digital assets.
Babylon Labs has partnered with Castle Island Ventures-backed SatLayer to bring the benefits of Bitcoin staking and restaking to more users.
Chinese data mining firm SOS Limited's board of directors has approved a $50 million investment in Bitcoin. The decision was shared on November 27 through the company's official press release.
Analysts expect BTC to correct before resuming its rally.
Bitcoin has recently experienced a significant price correction, dropping 5.6% from its all-time high of $99,645, with the current price hovering around $93,602. While this dip is notable, the bigger question remains: why hasn't Bitcoin yet breached the psychologically significant $100,000 price point?
The SECs long-running lawsuit against Ripple may be nearing an end, hinted former CFTC chair Chris Giancarlo. With SEC head Gary Gensler stepping down and predictions of a crypto-friendly successor, the legal saga gripping the crypto world could soon conclude.
The shift of whale investments into innovative blockchain projects like Lightchain Protocol AI suggests a trend towards diversification and early-stage growth potential in the crypto market. The post From Bitcoin gains to LCAI opportunities: why on-chain activity points to Lightchain Protocol AI as the next big move appeared first on Crypto Briefing.
USDT issuer Tether has halted support for EURT, its euro-tied stablecoin. Meanwhile, regulatory changes as the European Union embraced the inclusive MiCA regulatory framework triggered Tether's decision. Tether highlighted that it ceased minting EURT, and holders should redeem the assets by 27 November 2025.
Some popular analysts believe XRP could soon rise to $2.
Glassnode also says BTC's rally faces a setback from low activity below $88K, hinting at a possible correction before it climbs above $100K.
Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite.
President-elect Donald Trump is considering a proposal to establish a national Bitcoin reserve, a move that could intertwine cryptocurrency with U.S. fiscal strategy. What Happened: Cryptocurrency executives are rallying behind the idea, advocating for the U.S. government to acquire billions of dollars' worth of Bitcoin as a long-term asset, according to a report by The Washington Post on Wednesday.
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Chinas SOS Limited has revealed plans to invest $50 million in Bitcoin, citing the cryptocurrencys long-term potential. The announcement propelled SOSs NYSE shares up 79%, reflecting a wave of institutional confidence and favorable crypto policies under Trump.
A prominent figure in the cryptocurrency space made a bold prediction that Bitcoin could hit a total market capitalization of $15 trillion in the next four years. Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain's untapped potential could drive Bitcoin to an exponential growth in its market capitalization.
Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.
Input Output advances solo Bitcoin bridge development as BitcoinOS token launch creates tension in the Cardano ecosystem.
Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), predicted that the U.S. Securities and Exchange Commission (SEC) would drop the case against Ripple during a recent appearance on Fox Business.
GOAT Network said that Dogecoin holders can lock up their meme coins to help secure the yet-to-be-launched Bitcoin layer-2.
Bitcoin (BTC) continues to show strong long-term potential, with analysts predicting a likely return to higher price ranges in the future.
The US Thanksgiving is just a few hours away, but all crypto investors are fearing the BTC Thanksgiving crash. This fear is ascending, especially with the token current performance, as the Bitcoin price is consolidating from its earlier ATH of $99.6K.
IREN is seeing a resurgence of interest from tech data centers to host their AI-related computing machines. Company executives also see the potential to pay a dividend in 2025.
Bitcoin's recent price trajectory has sparked debate among analysts, with some warning of a potential 20% correction. According to Joe Consorti, head of growth at Theya Bitcoin, the cryptocurrency's price closely mirrors the global M2 money supply — a measure of cash and short-term bank deposits — with a notable 70-day lag.
SOS plans a $50 million investment in Bitcoin, capitalizing on its projected price rise, currently around $93,000 per coin.
Bitcoin's journey towards its much-anticipated $100,000 milestone suffered a significant setback as the cryptocurrency tumbled this week, dropping as low as $91,095 on Tuesday and triggering a wave of liquidations.
SOS Ltd. announced a plan to buy up to $50 million worth of Bitcoin on Wednesday morning. Its stock price immediately exploded.
Ripple, the blockchain giant, is backing Bitwise Asset Management's revamped Physical XRP ETP, now trading under the ticker GXRP. The rebranding is part of Bitwise's overhaul of its European product line following its August acquisition of the ETC Group.
Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.
In an interview with FOX Business on Tuesday, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, a leading contender for the role of White House “crypto czar” in the second Trump administration, expressed his belief that the Securities and Exchange Commission (SEC) will drop its case against Ripple Labs.
SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company's blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset.
XRP could crash by 25% in the worst case scenario, particularly due to its overbought conditions that have preceded similar price crashes.
China-based company SOS Limited plans to tap Bitcoin to support its investment portfolio and extract value from the fast-growing cryptocurrency.
The sell-off coincides with Bitcoin's recent price surge near $100,000, sparking questions about motivations. The post Long-Term Bitcoin Holders Sold 728,000 BTC in 30 Days – CryptoQuant appeared first on Cryptonews.
Kamala Harris's rejection of Bitcoin deprives a vital resource to those in need globally, while Trump's ‘Number Go Up” approach, may jeopardize America's core humanitarian values, like the refugee resettlement program, and ignore Bitcoin's potential to aid vulnerable populations globally.
CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.
Senator Cynthia Lummis claims that Trump is assembling a team to advocate for Bitcoin and blockchain technology. The leadership team plans to integrate Bitcoin, crypto, and blockchain into a U.S.-centric 21st-century economy.
Maya Parbhoe, a presidential candidate in Suriname, proposes to adopt Bitcoin as the country's national currency. The post Suriname Presidential Candidate Promises to Adopt Bitcoin as National Currency appeared first on Cryptonews.
TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.
Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.
Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.