Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional investors.
More than 28.23 million Microsoft shareholder votes were cast in favor for Bitcoin, compared to an overwhelming 5.148 billion against.
A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of XRP. When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3.
A remarkable shift in sentiment and activity has been spotted among Bitcoin's large investors also known as whales, especially wallet addresses holding more than 100 BTC in spite of recent price fluctuations, sparking discussions about the next trajectory of BTC's price.
The two biggest exchange-traded fund (ETF) issuers, BlackRock and Fidelity, bought over $500 million in Ether in the past two days. According to Arkham Intelligence X's post on Dec.
When the financial history books are written, 2024 is sure to be recorded as a banner year for the burgeoning crypto industry. Market-boosting catalysts, from the introduction of spot exchange-traded funds (ETFs) to a presidential election that delivered a crypto-friendly administration to the White House, seemed to occur every few weeks.
According to a Proof of Workforce X post, the Kenya National Fire Brigades Association (KENFIBA) has completed setting up its BTC reserve.
Bitcoin's price holds steady within the critical $94,800-$97,700 demand zone, supported by strong accumulation and bullish technical indicators. Breaking the $98,279-$100,080 resistance could pave the way for new highs.
Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state's assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.
Both firms largely purchased ether through Coinbase or its institution-focused crypto services platform Prime.
Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B. The post Riot Platforms completes $525M offering to buy Bitcoin appeared first on Crypto Briefing.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
On Wednesday, during an interview with CNBC, Fundstrat's Tom Lee pointed out that bitcoin offers the clearest gauge of how the Trump administration's economic policies might fare. Lee highlighted bitcoin's historical patterns, which “would imply $250,000 per bitcoin in 2025.
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum's ecosystem.
Pudgy Penguins NFTs surpass $100K in floor price as excitement grows for the Pengu token launch on Solana, marking a new milestone for the collection. The post Pudgy Penguins NFTs surpass Bitcoin as floor price breaks $100K appeared first on Crypto Briefing.
Bitcoin's price has trended within a narrow range since it hit a new all-time high of $103,647 on December 5. It has since faced resistance at $101,509 and found support at $94,306.
Bitcoin has crossed the $100,000 mark again. Ethereum followed with a 4% rise, though it remains shy of the critical $4,000 resistance level.
Bitcoin, the world's oldest and largest cryptocurrency, rose back above the $101,000 level on Wednesday, clawing back most of its losses after a bruising sell-off earlier this week.
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Pudgy Penguin or a Bitcoin? Both are worth more than $100,000 now with the NFT project surging as traders jockey for airdrop allocations.
Bitcoin recently surpassed the $100,000 mark, drawing attention from institutional investors. Michael Saylor, co-founder and executive chairman of MicroStrategy, discussed his company's Bitcoin strategy.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
The executive chairman and co-founder of enterprise software firm MicroStrategy, Michael Saylor, has a whole new analogy to explain Bitcoin (BTC). In a new YouTube interview with Barstool Sports founder Dave Portnoy, Bitcoin bull Saylor says that Bitcoin is like a game where all participants are winners.
Solana defended March highs, but is likely to consolidate under $230.
On the back of mass market-wide liquidations, the bulls appear to be vying to determine Solana's next move in approach of a new all-time high. The post Solana Poised for $295 Surge After Correction – Are the Bulls Ready to Take Control? appeared first on Cryptonews.
Bitcoin, according to Hougan and Rasmussen, will reach $200,000 or more by the year 2025. Solana's price is likely expected to soar to $750, a 250% rise from its current $215 as per the duo.
Massachusetts Mutual, a 173-year insurance giant, invested $100 million into the flagship cryptocurrency Bitcoin (BTC) back in 2020. In a press release, the move was noted as giving it a “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.
The most recent numbers revealed that inflation rose slightly to 2.7% in November. The price of Bitcoin is already witnessing a surge and touched the $100,000 mark.
Bitcoin ETFs are showing no signs of weakness as they enter the ninth consecutive day of positive inflows, even as the broader market experiences a downtrend.
The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support.
The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.
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Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.
The cryptocurrency world has long been resilient in the face of challenges, but legendary trader Peter Brandt has brought attention to two formidable threats that could significantly impact Bitcoin's future. In a recent statement, Brandt identified central bank interference and the rise of quantum computing as potential existential risks for the world's largest cryptocurrency.
Is a broader BTC cool-off still on the cards despite recent pullbacks?
Traders' anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders' optimism in Solana.
Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Thomas Peterffy, the founder of Connecticut-headquartered brokerage firm Interactive Brokers, has stated that people should hold "some Bitcoin" during a recent interview with Bloomberg Television.
Mathew McDermott, global head of digital assets at Goldman Sachs, joins CNBC's 'The Exchange' to discuss crypto space, whether bitcoin ETFs approval helped the crypto industry, and more.
Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America.
Here are some of the latest ETH price forecasts coming from popular analysts.
A crypto analyst has unveiled uncanny similarities between Bitcoin's Chicago Mercantile Exchange (CME) chart from late Q4 2024 and 2023. According to the analyst's report, the 2024 Bitcoin CME chart replicates the price action seen in 2023, experiencing similar technical patterns, wave structures, price movements, and specific key indicators.
Bitcoin's price has experienced an extraordinary surge in 2024, climbing nearly 140% from $42,000 to over $100,000. While many investors are celebrating these gains, Messari founder Ryan Selkis remains steadfast in his approach and isn't ready to cash out just yet.
The Bitcoin price has acquired a 6-digit figure and achieved the $100K milestone, which was predicted well before the 2021 bull run. Meanwhile, most of the tokens within the top 10 cryptos, like ETH, XRP, ADA, & DOGE, are yet to mark a new ATH.