TL;DR KULR Technology purchased 217.18 bitcoins worth $21 million as part of its forward-thinking treasury strategy. The company plans to allocate up to 90% of its surplus cash for future Bitcoin acquisitions to diversify its holdings.

KULR Technology Group, Inc. (NYSE: KULR) is a company focused on advanced energy management solutions, targeting a $24 billion market for thermal management systems. The company develops technologies aimed at improving safety and efficiency in renewable energy, aerospace, and defense sectors.

The publicly traded company is the latest to adopt a Bitcoin treasury, joining a growing number of firms adding BTC to their balance sheets.

Bitcoin (CRYPTO: BTC) is navigating a period of guarded optimism, according to a new report from Messari, buoyed by institutional inflows into newly approved ETFs and the promises made by the new presidential administration. What Happened: The report suggests that Bitcoin's future trajectory depends on whether the administration can convert campaign rhetoric into tangible policy outcomes.

Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward high-performance computing (HPC) and artificial intelligence (AI).

In the crypto arena, XRP stands out as a flamboyant gladiator, ready to jump by 65%, leaving Bitcoin and Ethereum in the shadows. Guaranteed suspense, according to an admiring expert.

Michael Saylor, the founder and executive chairman of MicroStrategy business intelligence giant, has issued what may be interpreted as a comment on today's Bitcoin drawdown that coincided with the period of 2024 winter holidays.

X user published over 140 million tweets mentioning Bitcoin on Elon Musk's social media network.

Crypto analyst Trade PSH has revealed the major Bitcoin support levels to watch out for as BTC bulls push for a rally to the psychological $100,000 level. The analyst also mentioned what price levels Bitcoin could reach in the short term as it breaks above $100,000.

KULR Technology has invested $21 million in Bitcoin as part of its strategy to allocate 90% of surplus cash to the cryptocurrency. KULR, a U.S.

The recent dip in Bitcoin price has sparked concerns among investors while triggering massive selling pressure in the broader crypto market. In addition, the recent market developments also hint towards a further dip, with many predicting a potential slip to $80K or even below.

In the latest development today, KULR Technology Group, a leader in advanced energy management platforms, has announced that it has completed the purchase of 217.18 Bitcoins. As per its official press release, the purchase was made for approximately $21 million, at an average price of $96,556.53 per BTC.

Bitcoin falls below $96K, dragging down MicroStrategy and Coinbase. Traders brace for volatility as ETF outflows and derivatives expirations pressure prices.

Officials stress safety and liquidity, dismissing Bitcoin's volatility as incompatible with Japan's reserve strategy and current foreign exchange rules.

Santiment cautious of a breakout rally to $110K as bullish sentiment makes a comeback post-Christmas.

Speaking to Cointelegraph, James Howells shares an update on his ongoing battle with legal and environmental challenges to recover a landfill hard drive containing $773M in lost Bitcoin.

KULR Technology Group, Inc., a company known for its advancements in energy management platforms, has embarked on a bold new financial strategy by announcing the inclusion of Bitcoin (“BTC”) as a primary asset in its treasury program.

Bitcoin has continued to see a lot of noise near the $100,000 level, as the volume would of course be an issue this time of year. The market will be one that continues to find buyers on dips though, so I do favor the upside, but patience will be the

With Bitcoin gaining recognition and adoption worldwide companies aren't just watching anymore. They're jumping in and adding the crypto to their books. Businesses are using Bitcoin as part of their financial strategy. You might think why Bitcoin corporate adoption is rising? Well, they believe it's more than just a currency.

Donald Trump's “Made in USA” Bitcoin pledge is hitting the hard wall of blockchain reality. Back in June, the ‘crypto president' posted on Truth Social that he wanted all remaining Bitcoin to be mined in the United States.

TL;DT Ki Young Ju stated that the current Bitcoin market does not represent a speculative bubble, but rather an upward trend supported by on-chain data. Ju emphasized the prominence of whales in the market, while retail investors gradually withdraw, transforming the dynamics of accumulation and prices.

Jeff Park, the Head of Alpha Strategies at Bitwise Asset Management, stirred debate earlier today (December 26, 2024) with his comment on X about the likelihood of a federal Bitcoin Strategic Reserve in 2025.

Max Keiser, Bitcoin maximalist and former financial journalist, has advised the United States government. The recommendations come from macroeconomic factors and the global financial landscape.

TL;DR Bitcoin ETFs experience historic outflows of more than $1.5 billion in just four days. MicroStrategy and other major companies continue to accumulate Bitcoin despite the drop in investment funds. Bitcoin miners and companies like Tesla maintain their acquisition strategies in a volatile market. The Bitcoin exchange-traded funds (ETFs) approved by the U.S.

OKX Ventures' annual report for 2024 revealed the firm made a total of $100 million in investments throughout 2024 in more than 60 projects, with AI and Bitcoin-related projects taking up the largest portion.

Bitcoin has failed to sustain its rally above the $100K level and has been correcting over the last week. Yet, a bullish continuation can materialize soon.

Bitcoin (CRYPTO: BTC) is trading around $95,500, down 3.4% over the past 24 hours, as on-chain data and whale activity suggest predictions of an imminent bear market lack substantial evidence. What Happened: Ki Young Ju, founder of CryptoQuant, pointed out in a post on X on Dec. 26 that whale accumulation, once market-moving news, has now become a routine phenomenon.

President-elect Trump's promise to ensure all remaining Bitcoin is mined in the U.S. faces significant challenges.

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American energy management company KULR Technology Group Inc. (NYSE American: KULR) on Thursday caused a market stir, revealing that it purchased 217.18 BTC for $21 million. The decision to accumulate the crypto amid the recent market volatility comes falling in line with the firm's Bitcoin Treasury strategy launched earlier this month.

Despite a post-holiday setback, Bitcoin's recent dip under $95.2k could mark a potential buying opportunity for market watchers.

This has been a rollercoaster of a year. Between world events, politics, financial markets, and technology advances, it has honestly been hard to keep up with it all.

Like a deserted chest, Binance sees its bitcoins fleeing. But in the shadow of withdrawals, the brilliance of an upcoming bull run is already taking shape.

Bitcoin's surge towards $100K creates a volatile crossroads for traders eyeing key levels.

Ukraine is gearing up to block Russia's use of Bitcoin and other cryptocurrencies in foreign trade, with sanctions already in the works.

Interest rates were a tailwind to prices for much of 2024, but may have become a headwind.

Bitcoin is rocking at $95,492, with a market cap of $1.89 trillion, a 24-hour trade whirl of $42 billion, and prices swinging between $95,134 and $99,886 today. Bitcoin Bitcoin‘s 1-hour chart showcases a dramatic drop from $99,881 to $95,111, with hefty selling pressure shown by big red candles.

Cryptocurrencies like Bitcoin are not classified as foreign exchange assets in Japan.

KULR Technology Group, Inc. (NYSE American: KULR), an energy management platform, has purchased 217.18 Bitcoin for approximately $21 million. The post NYSE-Listed KULR Tech Acquires $21M in Bitcoin appeared first on Cryptonews.

In a significant shakeup within Japan's cryptocurrency landscape, DMM Bitcoin, once a burgeoning crypto exchange, has announced its closure following a devastating security breach.

It is Dec. 26, the day after Christmas, and to put it mildly, the holiday spirit did not last long — for the cryptocurrency market in particular. As soon as the global holiday came to an end, the price of BTC began to fall, dropping as much as 4% during today's trading session.

The market is going crazy with Michael Saylors's Bitcoin strategy in yet another instance of boosting the asset his publicly-traded software company announced that it had added another 5000 plus of the cryptocurrency.

Ethereum (ETH) shows strong signs of recovery as Bitcoin (BTC) slithered close to $100,000. However, this article explores what would happen to Ethereum price if BTC collapsed to $80,000.

TL;DR Bitcoin HODLing has intensified as Binance's Bitcoin reserves have dropped to levels not seen since early 2024, now below 570,000 BTC. The decline in reserves suggests investors are moving their Bitcoin to cold storage, indicating long-term confidence in the cryptocurrency's future.

Kristin Smith, Blockchain Association CEO, joins 'Squawk Box' to discuss the state of crypto, impact of President-elect Trump's policies and pro-crypto picks on the digital asset industry, and more.

The year 2024 has been filled with major milestones for Bitcoin, from reaching new all-time highs to several governments mulling a Bitcoin reserve. However, data reveals that there are less than 1.19 million BTC left to be mined.

The current presale price of Rexas Finance (RXS) at $0.15 echoes Bitcoin's era-defining valuation of $150 in 2013. Investors who seized the Bitcoin opportunity then have witnessed unprecedented returns as it now hovers below $100,000. Today, Rexas Finance presents a similarly compelling proposition in the crypto market, blending blockchain innovation with real-world asset tokenization.

Bitcoin braces for a $14.27 billion options expiry on Dec. 27, as a falling wedge breakout signals a potential rally toward $100K amid volatility.