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…
An analyst has pointed out a historical Dogecoin pattern that could suggest DOGE might see a bull run to as high as $23 this time around. Dogecoin Could Be About To Go Parabolic According To This Pattern In a new post on X, analyst Ali Martinez has discussed about where Dogecoin could be going next…
On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. The day marked the beginning of the end of what was once one of the world’s most prominent and influential cryptocurrency exchanges. US authorities charged Bankman-Fried…
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…
The leading cryptocurrency on the market, Bitcoin (BTC), hit a new all-time high of $84,000 on Monday amid increased inflows into the digital asset market and expectations for further gains in the final months of the year. This surge comes in the wake of Donald Trump’s recent victory over Democrat candidate Kamala Harris in the…
Agora, a stablecoin company, has introduced its AUSD stablecoin as the native currency for Polygon’s AggLayer, a crosschain settlement network, to enable multichain transactions via a stable, fiat-backed asset. The partnership aims to eliminate the need for token bridges, simplifying and unifying liquidity for developers and end-users in the AggLayer community onchain. Agora is a…
Key Takeaways MicroStrategy’s stock hit a new all-time high following a $2 billion Bitcoin purchase. MicroStrategy now holds 279,420 BTC, with unrealized profits of $11.4 billion due to recent Bitcoin price increases. Share this article MicroStrategy (MSTR) soared 19% to a record high of above $320 after US markets opened on Monday, following the company’s…
PEPE rally has come to an abrupt halt, as the price faces rejection at resistance and begins its descent toward the key support level of $0.00001152. After a strong upward push, the token has encountered significant selling pressure, raising concerns about the sustainability of its bullish strength. Now, all eyes are on the $0.00001152 mark…
The Conflux Foundation plans to invest $500 million to support the growth of PayFi, short for Pay Finance, a Web3 payments solution. Conflux’s $500 million investment will come from its ecosystem fund and will go toward developing PayFi, a blockchain-based payments platform that aims to bring traditional finance services to the blockchain. PayFi aims to…
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…
