Bitcoin has started the week on a low note, trading down 2% at $95,000 as traditional markets exhibit risk-averse behavior. This decline follows Bitcoin’s unsuccessful attempt to surpass a significant sell wall near $100,000. Despite the current downturn, analysts suggest there’s still hope for bulls, as nearly 75% of Bitcoin is considered illiquid. Meanwhile, Ethereum ...
Tom Lee from Fundstrat believes that the cryptocurrency Market is nearing a phase where smaller altcoins may outperform larger ones like Bitcoin. In a recent podcast with Anthony Scaramucci, Lee mentioned that his firm is advising clients to consider Ethereum and Solana for diversifying their investments. He anticipates an “altseason” where expertise in crypto may ...
Tom Lee from Fundstrat believes that smaller altcoins are set to gain traction over larger cryptocurrencies like Bitcoin. In a recent podcast, he suggested that clients consider investing in Ethereum and Solana to diversify beyond Bitcoin, as these assets may provide significant opportunities as the Market evolves. Lee anticipates the beginning of “altseason,” where various ...
Bitcoin’s price today stands at $95,300 after a slight recovery from last week’s dip. MicroStrategy’s Michael Saylor has stressed the importance of Bitcoin as a key technological advancement that companies like Microsoft should consider. Despite a minor outflow of $136.5 million from US spot Bitcoin ETFs, optimism remains as Binance’s stablecoin reserves hit an all-time ...
Bitcoin’s price sits at $95,300, slightly recovering from a recent dip. MicroStrategy’s co-founder, Michael Saylor, emphasized Bitcoin’s future importance during a pitch to Microsoft, suggesting it represents a key technological wave. Despite a small outflow of $136.5 million from Bitcoin spot ETFs last week, stablecoin reserves on Binance have hit a record high, indicating renewed ...
Bitfarms Ltd. has released its operational update for November 2024, showcasing significant growth in Bitcoin production. The company achieved an operating hashrate of 12.8 EH/s and earned 204 BTC, reflecting an increase of 100% year-over-year. They have initiated new hosting agreements in Pennsylvania, which are expected to enhance their North American operations. Additionally, Bitfarms is ...
Santa Coin, a festive-themed cryptocurrency, is excited to roll out engaging promotions for the 2024 holiday season. Since its launch in October 2021, Santa Coin has awarded over $5 million to its community, showcasing its dedication to generosity. This year, it introduces innovative features like SantaGPT, an AI tool for creating festive content, and an ...
Wirex, a leading digital finance platform, proudly marks its 10th anniversary this year. Over the past decade, it has evolved from a novel idea to a global leader in Web3 finance, offering seamless access to both digital and traditional currencies. Notably, Wirex launched the world’s first debit card for digital assets in 2015, bridging the ...
Coinbase is the largest cryptocurrency exchange in the U.S. and one of the few publicly traded crypto platforms worldwide. As a pioneer in the field, Coinbase works closely with governments to ensure it meets regulations and supports the development of clear rules in the changing landscape of digital assets. According to recent data from CoinGecko, ...
Sora Ventures has introduced a $150 million fund to help listed companies in Asia adopt Bitcoin treasury strategies, inspired by the successful MicroStrategy model. This approach allows companies to use Bitcoin as a reserve asset to improve their financial strategies and enhance shareholder value. Metaplanet, a Tokyo Stock Exchange-listed company, is already benefitting from this ...
