Category Archive: Cryptocurrency, No picture
Ethereum researcher unveils Beam Chain plan to overhaul consensus layer by 2027
Key Takeaways Ethereum’s Beam Chain aims to revamp its consensus mechanism by 2027 with SNARKs and post-quantum cryptography. The plan is to reduce staking requirements from 32 ETH to 1 ETH while not creating a new token. Share this article Ethereum researcher Justin Drake unveiled a plan to revamp the blockchain’s consensus mechanism through an […]
Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary
Key Takeaways Polymarket predicts an 88% chance of Scott Bessent becoming Treasury secretary under Trump. Bessent’s appointment signals a potential shift towards a pro-crypto US policy. Share this article Scott Bessent, a strong advocate for crypto, particularly Bitcoin, has an 88% probability of becoming the next Treasury secretary under a second Trump administration, according to […]
Mt. Gox moves 2,500 Bitcoin as price approaches $89,000
Key Takeaways Mt. Gox transferred 2,500 Bitcoin worth about $222 million as Bitcoin neared $89,000. The exchange holds around 44,378 BTC valued at approximately $3 billion. Share this article A Mt. Gox-labeled wallet just transferred 2,500 Bitcoin, worth around $222 million, to an unidentified address starting with “1PQZw2” in the last 30 minutes, according to […]
Bitcoin ETFs hit $7 billion in trading volume, highest since March
Key Takeaways Spot Bitcoin ETF trading volumes peaked at $7.2 billion on November 11. BlackRock’s IBIT ETF led the market with $4.6 billion in trading volume. Share this article Institutional appetite for Bitcoin continues to grow as US spot Bitcoin ETFs saw their biggest trading day in over 7 months. According to Bloomberg ETF analyst […]
Bitcoin surpasses Silver market cap, becomes world’s 8th largest asset
Key Takeaways Bitcoin’s market cap has exceeded silver’s, reaching $1.736 trillion. Strong institutional interest in Bitcoin was seen today, with $4.5 billion in trading volume from BlackRock’s IBIT Bitcoin Trust. Share this article Bitcoin’s market cap has reached a new milestone, surpassing silver with a valuation of $1.736 trillion, making it the world’s 8th largest […]
MicroStrategy stock hits all-time high after 24 years
Key Takeaways MicroStrategy’s stock hit an all-time high of $340, the first since the dot-com bubble in 2000. The company holds 279,420 BTC, with its bitcoin holdings generating $11.4 billion in unrealized profits. Share this article MicroStrategy’s stock hit a new all-time high of $340 today, a landmark not seen since March 2000 during the […]
Prediction markets now give Bitcoin a 52% chance of reaching $100K in 2024
Key Takeaways Prediction markets estimate a 52% chance of Bitcoin reaching $100,000 in 2024. Bitcoin has surged to $86,000, partly fueled by Trump’s presidential win and institutional demand. Share this article Prediction market platform Kalshi has recently priced in a 52% chance that Bitcoin will reach $100,000 by the end of 2024.Kalshi also shows a […]
Putin proposes BRICS digital asset platform to reshape investment in South Asia, Africa, and Latin America
Key Takeaways Putin proposed a BRICS digital asset platform to boost investments in South Asia, Africa, and Latin America. The proposed platform aims to facilitate electronic payments and investments in high-growth regions. Share this article Russian President Vladimir Putin proposed creating a new BRICS investment platform using digital assets to support developing markets across South […]
Bitcoin hits $85K milestone as Google Trends signals renewed retail interest
Key Takeaways Bitcoin reached an all-time high of $85,000 amid rising retail interest and institutional buying. Google Trends highlights increased search interest in Bitcoin following Donald Trump’s primary victories. Share this article Bitcoin briefly touched $85,000 before settling at $84,000, marking its latest all-time high amid growing retail investor interest and continued institutional buying following […]
Nexo evolves into a premier digital assets wealth platform
Share this article In a strategic move that mirrors the broader maturation of the digital assets industry, Nexo has grown beyond its 2018 origins to become a comprehensive digital assets wealth platform.This evolution comes at a crucial time when traditional finance and digital assets are increasingly converging, placing Nexo at the intersection of two powerful […]
