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news-imageNovember 25, 2024

Sui Partners With Babylon Labs and Lombard Protocol for Bitcoin Integration

TL;DR Sui integrates Bitcoin liquidity by creating $LBTC, a native token of its blockchain. Bitcoin holders will be able to participate in Sui's DeFi ecosystem without having to sell their BTC. The integration of $LBTC will open up new opportunities for lending and financing platforms on the Sui network.
Publisher: Crypto Economy
Sentiment: Positive
BTC
SUI

More News Articles

Positive
cover-imageBenzinga
November 25, 2024

Bitcoin Investor Turns Daily $30 Purchases Into $1 Million Portfolio In 7 Years, 10 Months And 12 Days

A pseudonymous crypto investor shared their success story of using a dollar-cost averaging strategy to buy $30 of BItcoin (CRYPTO: BTC) a day over seven years and hitting a portfolio size of $1 million in the process. What Happened: The investor, who began their Bitcoin buying strategy at the age of 22, has diligently purchased $30 worth of Bitcoin every twelve hours for nearly eight years.

Negative
cover-imageInvezz
November 25, 2024

What's holding Bitcoin back from breaking the $100,000 milestone?

A CNBC report states, bitcoin, the world's largest cryptocurrency, has struggled to breach the $100,000 mark, even after a robust rally that pushed its value to an all-time high of $99,000 last week. The rally, sparked by Donald Trump's re-election as US president on November 5, saw Bitcoin surge over 40%.

Negative
cover-imageCryptonews
November 25, 2024

Ex-Partner Says James Howells Requested $716M BTC Wallet Be Discarded

There have been new developments in the story of James Howells, the IT engineer who misplaced the hard drive that held 8,000 Bitcoin. His ex-partner, Halfina Eddy-Evans, has stated that she threw away the hard drive at Howells' request. The post Ex-Partner Says James Howells Requested $716M BTC Wallet Be Discarded appeared first on Cryptonews.

Neutral
cover-imageCoinPedia
November 25, 2024

$9.4B Worth Bitcoin Options Expiry: Will the Price Jump?

Bitcoin and Ethereum are about to face a huge event. On November 29, a whopping $9.4 billion in Bitcoin options and $1.3 billion in Ethereum options are set to expire. This could lead to major swings in the crypto market, especially after the U.S. Thanksgiving holiday.

Positive
cover-imageCryptoSlate
November 25, 2024

Sky-high Bitcoin funding rates show a leveraged yet bullish market

Bitcoin's perpetual futures funding rate represents the cost traders incur to maintain long or short positions in the perpetual swaps market, with fees shifting between buyers and sellers based on market conditions. Positive funding rates suggest that long positions dominate, reflecting bullish sentiment, while negative rates indicate bearish sentiment as short positions dominate.

Positive
cover-imageCryptoGlobe
November 25, 2024

Medical Technology Firm Semler Scientific (SMLR) Increases Its Bitcoin Holdings, Stock Price Surges 16%

Nasdaq-listed healthcare technology company Semler Scientific (SMLR) announced on Monday that it has acquired an additional 297 bitcoins while expanding its share offering program. According to the press release, the company purchased the bitcoins between November 18-22 for $29.1 million, paying an average of $97,995 per bitcoin, including fees.

Neutral
cover-imageUToday
November 25, 2024

Bitcoin Will Not Stop at $100,000, Trading Legend Peter Brandt Hints

Peter Brandt, a legendary commodities trader who has been practicing since the middle of the 1970s, has taken to his official account on the X social media network (formerly famous as Twitter) to share his take on the expectation shared by many, as he pointed out that Bitcoin will hardly increase higher than $100,000.

Positive
cover-imageBitcoin
November 25, 2024

Semler Scientific Expands Bitcoin Holdings to Over 1,500 BTC

Semler Scientific, Inc. announced updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving strategy in cryptocurrency and equity offerings. Semler Scientific Reports 58.4% Bitcoin Yield as Key Performance Indicator Between Nov. 18 and Nov. 22, Semler Scientific (Nasdaq: SMLR) purchased 297 bitcoins for $29.1 million, averaging $97,995 per bitcoin, including fees.

Positive
cover-imageCrypto Economy
November 25, 2024

MicroStrategy's Bitcoin Holdings Soar to 386,700 BTC After $5.4B Purchase

TL;DR MicroStrategy announced the purchase of an additional 2,726 bitcoins, consolidating its position as the leading cryptocurrency holder. The company now owns more than 158,245 bitcoins, equivalent to more than $4.6 billion at current prices. This move reinforces its strategy of adopting Bitcoin as a primary store of value.

Neutral
cover-imageCoinPedia
November 25, 2024

Why Tim Cooks Holds Bitcoin But the Company Won't

Tim Cook, Apple's CEO, has Bitcoin in his personal portfolio. But before you get excited, there's a catch: this isn't Apple's big move into crypto. It's Tim's personal decision, and he's clear about that. This doesn't mean Apple's about to dive into Bitcoin anytime soon.

Positive
cover-imageThe Currency Analytics
November 25, 2024

MicroStrategy's Bitcoin Premium Hits 2021 Highs: What Does This Mean for the Company

MicroStrategy's premium to net asset value (NAV) has surged to levels not seen since the height of the 2021 bull run, reigniting discussions about the company's Bitcoin-centric strategy. According to data provided by CryptoQuant, the company's Bitcoin premium has returned to nearly 3X, which is a significant jump from previous periods, particularly following the correction that impacted the broader crypto market.

Positive
cover-imageCoinPedia
November 25, 2024

Bitcoin Fever! Medical Firm Semler Scientific Acquires $30M BTC

Semler Scientific, a firm that provides medical technology for early chronic disease detection, appears to be following MicroStrategy's (MSTR) Bitcoin strategy. On November 25, 2024, the medical firm shared a report stating that it had purchased a notable 297 Bitcoin (BTC) worth $29.1 million in cash.

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