The Open Network, a blockchain originally developed by Telegram, is now integrated with Dune Analytics, a platform for on-chain data exploration.
Metaplanet, a Japanese investment firm, is poised to report its first consolidated operating profit in seven years, following its strategic decision to add Bitcoin to its balance sheet just months ago.
In a recent market dip, the United States publicly listed Bitcoin mining firms, Marathon Digital Holdings (MARA) and Hut 8 (HUT), made billion-dollar investments in BTC. On December 19, 2024, MARA Holdings and Hut 8 shared posts on X (formerly Twitter), announcing that they had purchased 15,574 BTC worth $1.
Bitcoin has been navigating through significant volatility, particularly following the recent U.S. elections. The cryptocurrency experienced a dramatic surge after Donald Trump's election win, but now, doubts are emerging regarding whether the rally is fueled by solid fundamentals or merely driven by optimism.
TL;DR Hut 8 acquired 990 BTC for $100 million, raising its strategic reserves to 10,096 BTC with a market value of $1 billion. The company plans to use its Bitcoin reserve for financial strategies and expansion projects, including infrastructure development and a more efficient mining fleet.
Bitcoin (BTC -2.56%) is back in the zeitgeist. For better or worse, the leading cryptocurrency is gaining popularity once again after seeing a massive price increase in 2024.
MARA Holdings has purchased 15,574 bitcoin worth $1.53 billion at approximately $98,529 per bitcoin using the proceeds from its zero-coupon convertible notes offerings. In November and December, the zero-coupon convertible notes generated $1.925 billion for MARA along with the repurchase of approximately $263 million in principal amount of its current convertible notes due in 2026.
Hut 8, a Bitcoin mining company, has added 990 Bitcoin to its reserves, spending $100 million to increase its total holdings to 10,096 BTC.
Bitcoin faced a sharp retrace yesterday, dropping 8% from its all-time high of $108,300 after the Federal Reserve announced a 25 basis point rate cut alongside a revised policy signaling fewer cuts in 2025. Despite the drop, Bitcoin managed to hold above $98,000, a critical liquidity level that analysts are closely monitoring.
Bitcoin has surged to a new all-time high, briefly exceeding the $108K threshold in an impulsive rally. However, another Federal Reserve rate cut and some cautious comments unexpectedly resulted in a rejection, increasing the likelihood of an extended retracement.
An Australian computer scientist who falsely claimed he invented bitcoin was on Thursday found in contempt of court for bringing a 911 billion-pound ($1.2 trillion) lawsuit against Twitter founder Jack Dorsey's payments company Block in Britain.
Because it is still stuck in a descending channel, Solana is still showing bearish momentum, which suggests that the asset is under more pressure. SOL is now trading at about $210 after gradually declining, failing to maintain its prior highs of about $280.
The breakneck pace of spot-bitcoin exchange-traded fund inflows could soon see the world's largest cryptocurrency surpass gold in terms of total assets under management (AUM). Since being approved by the US Securities and Exchange Commission (SEC) this January, the spot-bitcoin ETF market has seen an absolute groundswell in demand.
Worried about bitcoin's pullback? Let me explain why this dip is nothing but a healthy pause in the bull run.
In return for a loan deal with the IMF, El Salvador had to give up some of its pro-bitcoin policies. It only made the Bitcoin law better.
It's been under a week since the launch of the $SOLX presale, but Solaxy's native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.
Over the past hour, bitcoin's price holds tight at prices between $101,696 to $102,057 on Dec. 19, 2024, with a market cap of $2.01 trillion. It danced between $98,839.87 and $104,967 during the day, backed by a lively $104 billion in trades over 24 hours.
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve's hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week.
Bearish BTC price calls are back after the Federal Reserve sours the mood for Bitcoin and risk assets.
According to reports, WhiteBIT has emerged as Europe's leading crypto exchange, and it ends the year with notable achievements. On-chain data and market estimates show that the company's capitalization has reached $38.9 billion.
BitDCA, a fintech innovator based in the Czech Republic, has raised $2 million in pre-seed funding to launch a Bitcoin savings app called 'Littlebit.' The post BitDCA Secures $2M to Launch Bitcoin Savings App ‘Littlebit' appeared first on Cryptonews.
After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?
World Liberty Financial, supported by the family of US President-elect Donald Trump, has exchanged $10 million in Coinbase's wrapped bitcoin, or cbBTC, for Wrapped Bitcoin.
MARA Bitcoin Investment includes acquiring 15,574 BTC for $1.53 billion at an average price of $98,529.
Ethereum price resisted pressure to break below USD 3,600, signaling a reversal trend, but its DeFi performance is a potential limiter.
El Salvador has reached a staff-level agreement with the International Monetary Fund (IMF) for a $1.4 billion Extended Fund Facility (EFF) arrangement.
The crypto markets started the day's trade having a major bearish influence after the latest interest rate cuts. The Bitcoin price plunged below $100K when the Fed Chair commented negatively on asking his opinion about the national Bitcoin reserve.
Bitcoin miner MARA Holdings announced that it has bought 15,574 BTC with a total value of $1.53 billion, bringing its total number of Bitcoin held to 44,394 BTC, making the firm the publicly traded company with the largest reserves of Bitcoin. Bitcoin Miner MARA Buys 15,574 BTC for $1.53 Billion In a filing to the
Leading Bitcoin miner Hut 8 has fueled market optimism with his recent BTC buying move while hitting a major milestone. Notably, the firm said that it added $100 million worth of BTC to its portfolio, with its Bitcoin Reserve hitting the $1 billion mark with this latest accumulation.
The cryptocurrency world has been buzzing with fears about quantum computing and its potential to disrupt Bitcoin's security. Some have raised alarms, suggesting that quantum computers could one day break the encryption that protects Bitcoin transactions.
Solana price has experienced a notable decrease in the past 24 hours, reflecting the broader crypto market cues. This drop comes after SOL hit a three-month high.
Hut 8's strategic bitcoin reserve of over 10,000 BTC has been achieved through low-cost production and strategic at-market purchase. 990 Bitcoin Purchase Pushes Hut 8's Holdings Past $1 Billion Net Worth Hut 8, one of North America's largest bitcoin miners has announced the purchase of 990 BTC at an average cost of $101,710 per bitcoin.
The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.
Solana's decentralized applications (DApps) revenue hits a new milestone, contributed by the surge in meme coin-related activity and other factors. During November 2024, the network clocked a staggering $365 million in revenue, as per the latest report.
Bitcoin briefly fell under $100K as Fed's Powell rejected U.S. Bitcoin reserve. What next for BTC?
The HRF announces their latest round of bitcoin grants, targeting key areas in Latin America, Asia, and Africa.
El Salvador has agreed with the IMF to scale back bitcoin activities for a $1.4 billion loan. Additional funding could push the total financing package above $3.5 billion.
Bitcoin has rocketed higher this year in large part due to BlackRock, the world's largest asset manager, putting its $10 trillion weight behind it
Yesterday the 100k did not hold, but only for a brief moment.
Total assets under management for bitcoin exchange-traded funds have climbed to $129 billion, surpassing gold ETFs
Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.
Hut 8 Purchase Bitcoin strategy includes acquiring 990 BTC at an average price of $101,710 and raising its reserve to 10,096 BTC.
TL;DR Michael Saylor's “intelligent leverage” strategy aims to enhance MicroStrategy's Bitcoin holdings by optimizing the company's capital structure and leveraging assets to acquire more Bitcoin. MicroStrategy's aggressive approach has significantly boosted its stock price by nearly 500% this year, outpacing Bitcoin's 150% gains, and has positioned the company for inclusion in the Nasdaq 100 Index.
Bitcoin (CRYPTO: BTC) has rebounded to $102,250 after taking a nosedive on Thursday following the FOMC meeting. What Happened: Bitcoin cratered from above $105,000 before Thursday's trading session to a low of $98,839 during U.S. night time hours.
Bitcoin (BTC) has once again demonstrated its wealth-generating potential, with the latest surge pushing its value above the $100,000 mark and creating 14,211 new millionaires and four new billionaires. A recent study by NFT Evening has shed light on just how dramatically Bitcoin has outperformed traditional investments, such as stocks, and has reshaped the financial landscape.
Bitcoin's price experienced a sharp pullback following the US Federal Reserve's recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset's long-term trajectory. On Dec. 18, the Federal Reserve announced a 25-basis-point rate cut, scaling back its outlook for 2024 to two cuts instead of the previously expected four.
Bitcoin has surged past its all-time high again, reaching an impressive $108,300 and solidifying its position as the market leader. This rally marks a continuation of Bitcoin's push into price discovery, fueled by growing investor demand and positive global market sentiment.
Nic Carter, Founding Partner at Castle Island Ventures, has expressed skepticism about the U.S. establishing a strategic Bitcoin reserve under the incoming Trump administration, citing risks to the dollar's global standing. What Happened: His view has sparked a sharp critique from Matthew Sigel, Head of Digital Assets Research at VanEck, who labeled Carter's perspective as “Loserthink” in a pointed social media response.