Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases
Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy’s $42 Billion Vision for Unmatched Bitcoin…
Bitcoin needs catalyst for $100K, gold going higher, ETH still undervalued: Analyst
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH
Technical analysis suggests the days of the Ethereum price consolidation might be over very soon. At the time of writing, Ethereum is trading with a 0.07% gain in the past 30 days, which reveals the current consolidation situation it finds itself…
DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle
A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S…
Nexo Launches Digital Asset Wealth Platform in Strategic Rebrand
Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement…
Build on Bitcoin Protocol Joins Superchain as First Hybrid L2
BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism’s OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the strengths of both Bitcoin and Ethereum, merging…
Analyst Claims Ethereum ‘Is Not Dying,’ Bitcoin Surge No Threat To Ether
This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day. Most of…
SEC cost crypto firms $426M under Gensler — Blockchain Association
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021.
‘Trump Victory’ Stock Rallies in China Before US Elections
Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald…
Injective Integrates Fetch.ai And ASI: Why Is INJ Down?
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships. Injective…
Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm
Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through…
Judge sentences IcomTech promoter to 8 years to deter ‘crypto frauds’
Judge Jennifer Rochon initially allowed a delay in Gustavo Rodriguez’s sentencing to allow additional testimony but ultimately ordered the IcomTech promoter to prison.
Bitcoin ETFs Amass 1 Million BTC – A New Leader Emerges
New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC. How 12 U.S. Bitcoin ETFs Quickly Acquired 1 Million BTC In just 293 days, the 12 U.S. spot bitcoin…
Trump Celebrates Bitcoin’s Anniversary, Slams ‘Kamala’s War on Crypto’
Former President Donald Trump recently took to X (previously Twitter) to share his thoughts on bitcoin and mark the anniversary of the Bitcoin white paper. “I would like to wish our great Bitcoiners a Happy 16th Anniversary of…
Crypto Pays Off: Robinhood Posts 165% Revenue Growth In Q3 Earnings Report
Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its revenues were up by 165%, and its overall year-to-date (YTD) net deposits…
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