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news-imageNovember 14, 2024

Cardano Foundation's $478M Asset Report: BTC Holdings Could Now Top $100 Million Amid Market Surge

The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. According to the report, the foundation allocated $19.
Publisher: CryptoGlobe
Sentiment: Positive
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cover-imageCryptoGlobe
November 14, 2024

Trump Nominates a Bitcoin Advocate and Military Veteran as U.S. Defense Secretary

President-elect Donald Trump has nominated Pete Hegseth, a seasoned military officer, Harvard-educated policy expert, and cryptocurrency enthusiast, as his Secretary of Defense. The announcement came via a Trump-Vance transition statement on Tuesday, marking a significant shift in potential defense leadership. Hegseth, 44, brings a diverse background spanning military service, veterans' advocacy, and media influence.

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cover-imageBenzinga
November 14, 2024

Bitcoin Stays Above $91,000—But One Technical Indicator Spells Trouble

Bitcoin's (CRYPTO: BTC) relentless climb over the $90,000 level has investors cheering, yet a specific technical indicator is sparking caution among experts, suggesting potential vulnerability in the current rally. What Happened: The stochastics indicator, which has reached 90%—a level typically associated with overbought conditions—is prompting market watchers to advise caution, even as the bull market remains intact.

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cover-imageAltcoin Buzz
November 14, 2024

Trump Not Sole Driver of Bitcoin Price

Bitcoin has been surging since Donald Trump's surprising win, rising by 21% in the last 7 days and hitting a new ATH. For most people, Donald Trump's win is the obvious explanation for Bitcoin's new success.

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