Articles for category: Crypto

December 2, 2024

Sora Ventures Launches $150 Million Fund to Replicate MicroStrategy’s Bitcoin Strategy Across Asia for Strategic Growth

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 ...

December 2, 2024

Market News

Crypto

Exploring Big Spends on Luxury Goods and Global Deals: Trends and Insights for 2023

This Black Friday, cryptocurrency is changing the shopping landscape, with more consumers using digital currencies like Bitcoin for their purchases. A recent report highlights a significant rise in crypto payments, especially in luxury items like fashion and jewelry. Shoppers appreciate the convenience and security that cryptocurrencies offer, making it easier to buy globally without extra ...

December 2, 2024

Market News

Crypto

USD/CAD Outlook: Anticipating Aggressive Bank of Canada Rate Cuts and Their Impact on Currency Markets

Canada’s economy grew by 1% in the third quarter, which was below expectations. As a result, the likelihood of a significant interest rate cut by the Bank of Canada in December has increased from 31% to 50%. This indicates some concern over the Canadian dollar’s weakness in relation to the US dollar. Market participants are ...

December 2, 2024

Market News

Crypto

Bitcoin Logs 40% Gain in November: $100,000 Target for December Trading According to TradingView News

Bitcoin has started December on a strong note, with prices around $96,000, following a remarkable 40% gain in November. As it approaches the six-digit milestone, excitement in the crypto community is palpable, especially with the influence of Donald Trump’s upcoming presidency, which many believe could usher in a golden era for digital assets. New regulations ...

December 2, 2024

Market News

Crypto

Bybit CEO Advocates for Enhanced Bitcoin Accessibility: Strategies for a More Inclusive Crypto Future

Bybit, the second-largest cryptocurrency exchange globally, will take part in the Bitcoin MENA event in Abu Dhabi from December 9 to 10, 2024. This event will gather industry experts and enthusiasts to discuss the future of Bitcoin in the Middle East. Bybit’s CEO, Ben Zhou, will participate in a panel about improving Bitcoin access in ...

December 2, 2024

Market News

Crypto

Request Finance Acquires Pay.so to Streamline Crypto-Fiat Transactions for Enhanced Financial Efficiency

Request Finance, a specialist in crypto and fiat transactions, has acquired Pay.so Lithuania, a regulated virtual asset service provider. This strategic move allows Request Finance to offer a seamless and compliant payment solution that effectively connects crypto and fiat currencies for businesses globally. With an extensive range of currency options, including USD, EUR, and many ...

December 2, 2024

Market News

Crypto

U.S. Can Swiftly Implement Crypto Regulations: Exploring the Path Ahead for Digital Currency Governance

Faryar Shirzad, Coinbase’s chief policy officer, predicts that the U.S. cryptocurrency industry will soon see rapid regulation following Donald Trump’s presidential election victory. He believes that with Trump’s pro-crypto stance and the Republican Party controlling Congress, new laws will be passed to benefit the 50 million Americans who own cryptocurrencies. Two significant bills are currently ...

December 2, 2024

Market News

Crypto

Tom Lee of Fundstrat Predicts Bitcoin Might Reach $250,000 by 2025 Amid Strong Market Trends and Bullish Sentiment

Tom Lee, co-founder of Fundstrat, predicts that Bitcoin could soar to $250,000 within the next year due to several key factors. He highlighted the upcoming halving event that will reduce Bitcoin’s supply and the growing interest from institutional investors. With Bitcoin currently priced at $97,343, Lee believes its historical patterns suggest a significant price increase ...

December 2, 2024

Market News

Crypto

Bitcoin’s November Surge: Will BTC Reach $140K in December? Expert Predictions and Market Insights.

Bitcoin has seen a remarkable increase of 39.72% in the last month, reaching a new all-time high of $99,800 after the recent U.S. presidential elections. However, it has since corrected to around $90,742, creating uncertainty among analysts. Prominent analyst Ali Martinez suggests a potential December rally, predicting Bitcoin could reach between $125,000 to $140,000, based ...

December 2, 2024

Market News

Crypto

Will Bitcoin Reach $140K in December After November’s 39% Surge? Expert Insights and Predictions Inside.

Bitcoin has experienced a remarkable surge of 39.72% in the last month, reaching an all-time high of $99,800 following the U.S. presidential elections. However, it has since seen a Market correction, currently sitting at $90,742. Despite this volatility, analyst Ali Martinez believes Bitcoin could rally further in December, possibly hitting between $125,000 and $140,000 based ...