Key Takeaways Worksport plans to allocate up to $5 million or 10% of its cash reserves to Bitcoin and XRP. The company will accept crypto payments on its e-commerce platform and expects to reduce transaction fees by up to 37%. Share this article Worksport, a Nasdaq-listed company specializing in the design and manufacture of truck…
Este artículo también está disponible en español. Hut 8, one of the largest Bitcoin mining companies globally, has announced a significant strategic move aimed at creating a strategic Bitcoin reserve. The initiative, totaling $750 million includes a $500 million at-the-market (ATM) program and a $250 million stock buyback plan. Hut 8’s Strategic Bitcoin Reserve Initiative…
Share this article Bitcoin (BTC) Price Analysis The price of Bitcoin reached $100,000 today, December 5th, around 11:00 AM, and as of the time of writing, it has surged further to $103,000. Yesterday, December 4th, Wednesday’s trading session closed with a +2.87% increase compared to the previous day, forming a bullish candlestick. During yesterday’s trading,…
An analyst has placed these mid-term and long-term targets for Ethereum based on an Ascending Parallel Channel that has been forming in its weekly price. Ethereum Has Been Traveling Inside An Ascending Channel For A While Now In a new post on X, analyst Ali Martinez has discussed where ETH could be heading next based…
Key Takeaways Bitcoin reached $100,000 for the first time, increasing its market cap to $2 trillion. The approval of spot Bitcoin ETFs is facilitating regulated institutional investment in digital assets. Share this article It was the moment everyone had been waiting for. On Wednesday December 4, 2024, Bitcoin hit $100,000 for the first time in…
Key Takeaways Mt. Gox moved 27,871 Bitcoin worth $2.8 billion amidst pending compensation claims. The payout timeline for creditors has been extended to October 31, 2025. Share this article A wallet associated with Mt. Gox just moved 27,871 Bitcoin, worth approximately $2.8 billion, with over 24,000 BTC ($2.4 billion) sent to an unidentified address, according…
Este artículo también está disponible en español. Ethereum price is rising from the $3,550 zone. ETH is showing bullish signs and might soon aim for a move above the $3,920 resistance zone. Ethereum remained in a positive zone and stayed above the $3,650 zone. The price is trading above $3,750 and the 100-hourly Simple Moving…
Key Takeaways Coinbase added TURBO and GIGA to its listing roadmap, causing significant price jumps. Altcoin season may diminish the impact of new token listings as market dynamics shift. Share this article Coinbase added meme tokens TURBO and GIGA to its listing roadmap, triggering substantial price movements for both assets. GIGA jumped 70% following the…
Este artículo también está disponible en español. The biggest cryptocurrency in the world, Bitcoin is losing its hold on market supremacy, therefore changing the crypto scene. Analysts believe cryptocurrencies may soon take the spotlight as their market share drops to 55.80% and a confirmed sell signal flashes for the first time since 2020. As Bitcoin’s…
Key Takeaways Fed Chair Powell views Bitcoin as a competitor to gold, not the US dollar. Fed Chair Powell signals cautious approach to rate cuts as markets expect a 25 basis point reduction in December Share this article Federal Reserve Chair Jerome Powell, speaking at the New York Times DealBook Summit on Wednesday, addressed Bitcoin…
