Category Archive: Cryptocurrency, No picture
Coinbase stock surges over $300 with 17% gain in 24 hours
Key Takeaways Coinbase stock soars past $300, currently trading at $317, as investor optimism grows after Trump’s election win. Retail sentiment appears to be entering the crypto market as Coinbase’s app ranking hits 70 on the Apple App Store. Share this article Coinbase’s stock soared past the $300 mark on Monday, currently trading at $317, […]
MicroStrategy acquires another 27,200 Bitcoin, holdings now worth $30 billion
Key Takeaways MicroStrategy acquired 27,200 BTC for $2.03 billion, with a total holding of 279,420 BTC. The company’s BTC Yield from October 1 to November 10, 2024, was reported at 7.3%. Share this article MicroStrategy, the largest corporate Bitcoin holder, announced Monday it had acquired 27,200 Bitcoin between October 31 and November 10, 2024, paying […]
FTX blames Binance and CZ for collapse, seeks $1.7 billion in new lawsuit
Key Takeaways FTX is suing Binance and CEO Changpeng Zhao for $1.7 billion over alleged fraudulent transfers. The lawsuit claims the 2021 share repurchase deal involved FTX’s insolvency and misleading tweets by Zhao. Share this article FTX has brought a lawsuit against Binance and its founder Changpeng Zhao, seeking to recover around $1.7 billion, which […]
Bitcoin’s ascent to $80K is driven by steady ETF demand, not retail FOMO, says Cameron Winklevoss
Key Takeaways Bitcoin’s climb to $80,000 is attributed to strong institutional demand via spot Bitcoin ETFs, rather than retail FOMO. Spot Bitcoin ETFs amassed about $2.3 billion in net inflows shortly after the US presidential elections. Share this article Bitcoin reached $80,000 primarily due to consistent institutional demand through spot Bitcoin ETFs rather than retail […]
MicroStrategy’s Bitcoin holdings yield over $10B in gains as BTC tops $80K
Key Takeaways MicroStrategy’s Bitcoin holdings have generated over $10 billion in unrealized gains. Bitcoin’s price increase to $80,000 coincided with Trump’s reelection and global monetary adjustments. Share this article MicroStrategy’s Bitcoin holdings have surged to over $20 billion in value, generating more than $10 billion in unrealized gains as Bitcoin’s price topped $80,000 today, according […]
TRON DAO participates as gold sponsor at Binance Blockchain Week in Dubai
Share this article Geneva, Switzerland, November 8, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from October 30 to 31, 2024, in Dubai. This event brought together leaders from across the industry to discuss the evolving landscape of blockchain technology and its impact on the global economy.Key Highlights […]
Germany misses $1.1B in profits as Bitcoin hits a new all-time high
Key Takeaways Germany missed out on $1.1 billion in profits by selling Bitcoin early. The crypto market surge was partly influenced by Trump’s re-election and pro-crypto policies. Share this article Germany’s July decision to sell nearly 50,000 BTC at $53,000 per coin has resulted in an estimated $1.1 billion in missed profits, as Bitcoin recently […]
SEC delays decision on NYSE options for spot Ethereum ETFs
Key Takeaways The SEC has delayed its decision on NYSE’s proposal to list and trade options on Ethereum-based ETFs. The proposal aims to provide investors with a regulated way to hedge or leverage Ethereum price movements. Share this article The SEC has announced a delay in its decision on NYSE’s proposal to list and trade […]
Hong Kong trials anonymous KYC to enable stablecoin access for Chinese residents
Key Takeaways Flare and Red Date Technology tested a decentralized identity system in Hong Kong allowing anonymous stablecoin access. The trial used China’s RealDID to verify identities without revealing personal information. Share this article Flare and Red Date Technology have launched a new trial of a decentralized identity system in Hong Kong, allowing Mainland Chinese […]
TRON’s meme coin boom: SunPump, $SUNDOG, and Nexmate.AI drive ecosystem growth
Share this article As the meme coin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier meme coin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their meme coins. Through fostering a vibrant community and attracting high-value […]
