Artificial intelligence firm Genius Group (GNS) is making waves in the realm of cryptocurrency by publishing a press release. On November 12, 2024, GNS announced that the firm had adopted Bitcoin (BTC) as its treasury asset.
The global cryptocurrency market has hit an extraordinary milestone, crossing the $3 trillion mark in total market capitalization for the first time. On November 11, 2023, the market experienced a sharp 7% rise within a single 24-hour period.
The Investment Committee dives into whether Crypto's momentum can last.
Monday's bitcoin rally propelled El Salvador and Bhutan's crypto stashes to $500 million and $1.1 billion respectively.
A recent report from Coin Metrics highlights how post-election trading in bitcoin (BTC) has reached unprecedented levels, with the options market indicating strong investor optimism. Coin Metrics Study Shows Increased Call Option Interest Coin Metrics' analysis provides a detailed look at bitcoin's rally following the recent U.S.
United States Senator Cynthia Lummis of Wyoming is optimistic that a strategic Bitcoin reserve could be realized quite fast under the incoming Trump administration.
Ether's funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction?
Bitcoin's price has crossed several milestone since Donald Trump won the U.S. presidential election. How fast can it hit the $100,00 level?
Ethereum researcher Justin Drake introduced a proposal to overhaul Ethereum's consensus layer, called the “Beam Chain.” This redesign, pitched to a packed house at Devcon Bangkok today, aims to modernize a part of Ethereum's core infrastructure while maintaining compatibility and decentralization.
Bitcoin as an institutional reserve asset gained more traction as a Singapore-based AI company took a page from MicroStrategy's book.
With Bitcoin surging, calls are mounting for the UK to follow the US in creating a national BTC reserve, but how likely is it to happen?
Blockchain researcher Justin Drake unveiled the Ethereum Beam Chain concept during Devcon in Bangkok. This proposed overhaul aims to consolidate several key advancements in the network.
The BitMEX co-founder explained that BTC could unlock such price height if Donald Trump's administration emulates China's economic development model.
Enterprise software firm MicroStrategy is sitting on over 100% gains on its Bitcoin (BTC) holdings as the value of the stash crosses the $24 billion mark. Michael Saylor's MicroStrategy is currently holding 279,420 BTC worth $24.45 billion, according to Bitcoin Treasuries.
American entrepreneur and financial author Robert Kiyosaki has issued a stark warning to Bitcoin investors, urging them to avoid excessive greed as Bitcoin nears new price milestones. The best-selling author of Rich Dad Poor Dad, which has sold over 40 million copies worldwide, shared his thoughts on Bitcoin's recent surge and why he plans to stop buying the cryptocurrency once its price hits $100,000.
Bitcoin has reached a new all-time high (ATH), driven by strong demand in spot markets and a wave of institutional investments, as detailed in a report from Glassnode researchers Cryptovizart and Ukuria OC.
CZ said in his recent X post that many countries will be deploying Bitcoin as their resource, including other cryptocurrencies as well. His statement came after Bhutan surpassed 1 billion in its bitcoin reserves.
Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market. What Happened: Yanowitz outlined the typical bull market phases in a thread on X: Stage 1: Rebirth (Jan 2023-Jan 2024) Stage 2: Excitement (Feb 2024 through last week) Stage 3: Euphoria (currently) Stage 4: Disconnection (still to come) The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.
Bitcoin's market cycle suggests a potential price peak could occur in about 200 days, aligning with recession forecasts for H2, 2025.
TL;DR Zerion launches ZERO Network, a Layer 2 on Ethereum that eliminates gas fees to improve the user experience. ZERO Network uses account abstraction and a dynamic scoring system, Onchain DNA, to enable free and secure transactions. Zerion has received funding from angel investors, including well-known figures in the crypto ecosystem, to support its development.
AI firm, Genius Group announced that it will adopt Bitcoin as its primary treasury asset. The company will be holding 90% of its present and future resources in BTC.
In the aftermath of a Trump victory, Bitcoin has been skyrocketing and is now trading very close to $89,000. However, Bitcoin is not the only gainer in this post-election rally. Altcoins have also shown a remarkable surge.
The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation's strategy to fund public projects and maintain its financial reserves.
The Ethereum Foundation sold $340,000 worth of 100 ETH again on November 12 – a controversial activity among Ethereum investors. However, a smart money trader has absorbed 100 times more of this sell pressure in a $34 million purchase.
The ongoing surge has propelled the crypto king past major global assets, securing a new place in the financial hierarchy.
Roman Sterlingov, the founder of Bitcoin Fog, the darknet's oldest cryptocurrency mixing service, has been sentenced to 12.5 years in prison.
What's driving this rally beyond politics?
Lisk will be looking to leverage the airdrop to attract new users and build a stronger connection with its community.
Elon Musk's Tesla has achieved over $1 billion in valuation for its Bitcoin holdings. The vehicle production company, which had accumulated 11,509 BTC, has now achieved approximately double the valuation of its BTC holdings compared to the beginning of the year.
An OG Ethereum (ETH) trader is shaking the crypto world with a bold bet. The trader is converting some Ethereum and Solana (SOL) holdings into PropiChain (PCHAIN). The legendary trader predicts that PropiChain will surge 20,000% by January 2025. This means a $1,000 PCHAIN investment will be valued at $200,000.
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.
According to data provided by leading ETF analyst Eric Balchunas, Bitcoin exchange-traded funds (ETFs) have now surpassed $90 billion in total assets.
Justin Drake proposes “Beam Chain” to modernize Ethereum's consensus layer. Beam Chain aims for faster transaction finality and lower validator stake requirements.
Bitcoin is currently experiencing a price correction but underlying metrics show bullish run is on track to continue. Bitcoin Can Deliver Another Wave of Massive Pumps Over the past week, bitcoin (BTC) has set multiple new all-time highs with the latest seeing the number cryptocurrency hit the $89,600 mark.
With Trumps campaign promise of a US Bitcoin reserve, interest grows in how this idea, initially proposed by Senator Lummis in July, might unfold. The post What a US Strategic Bitcoin Reserve could look like under Trump's presidency appeared first on Crypto Briefing.
Genius Group's Bitcoin strategy may influence other firms to consider cryptocurrency for treasury management, impacting financial norms globally. The post AI-driven Genius Group converts 90% of reserves to Bitcoin appeared first on Crypto Briefing.
With MicroStrategy (NASDAQ: MSTR) doubling down on its decision to purchase more Bitcoin (BTC), a market player has identified a key economic event that could see the company offload its holdings.
Bitcoin's multi-day blast to consecutive new highs caught Wall Street's attention, with billions flowing in crypto ETFs since November's start and the U.S. elections.
After the 2024 presidential election results became certain on November 6, Bitcoin (BTC) embarked on a remarkable rally, surpassing silver to become the world's eighth-largest asset and soaring toward the $90,000 mark.
In its surge to a new all-time high price near $90,000 on Monday, Bitcoin broke the record for the biggest single-day gains in U.S. dollars.
Bitcoin defies the odds again, hitting a new peak. Binance's CZ pokes fun at the persistence of “Bitcoin is Dead” claims, highlighting BTC's ability to overcome challenges and maintain its relevance. The post Binance's CZ Pokes Fun at ‘Bitcoin is Dead' Critics as BTC Hits New All-Time High appeared first on Cryptonews.
Markets witness Bitcoin's largest daily candle in history at $8,300 amid post-election surge. Mow and Hayes renew million-dollar predictions.
Ethereum researcher Justin Drake teased a new proposal aimed at improving Ethereum's scalability while presenting his “ambitious” strategy for the Beacon Chain roadmap.
Ethereum Foundation researcher Justin Drake has introduced a transformative proposal for a new consensus layer upgrade called the “Beam Chain” during his Nov. 12 presentation at DevCon in Bangkok. The Beam Chain is a complete overhaul of Ethereum's consensus layer, which would move the blockchain network closer to its final architecture.
Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.
German government sold nearly 50K Bitcoin for $53,000 each in June-July 2024 as part of the Movie2K case asset liquidation. The sale missed $1.84 billion in profits as Bitcoin surged to $89,956, making the BTC worth $4.48 billion today.
Binance's Changpeng Zhao has discredited the popular “Bitcoin is Dead” narrative from critics.
Binance's CZ Zhao dismisses “Bitcoin is dead” claims, underscoring Bitcoin's long-term resilience. Binance remains a significant force in Bitcoin's growth and global adoption.