Michael Saylor, co-founder of MicroStrategy, has raised eyebrows with hints of a potential new Bitcoin purchase after the company joined the Nasdaq-100 Index. His recent social media posts suggest that MicroStrategy may soon add to its already impressive portfolio of over 171,000 BTC, which amounts to an investment exceeding $15 billion. This acquisition would mark ...
This year, Bitcoin has made significant strides into the mainstream, but not everyone is convinced. Renowned American investor Dennis Gartman recently stated that he won’t invest in Bitcoin, expressing his surprise at its popularity. He believes Bitcoin’s value, while recognized in recent months, might not be genuine. Gartman favors traditional investments like gold, which has ...
Coinbase, a leading cryptocurrency exchange, is facing a lawsuit for over $1 billion from BiT Global Digital Limited, a company based in Hong Kong. The lawsuit claims that Coinbase acted unfairly by delisting Wrapped Bitcoin (wBTC) from its platform to benefit its own product, cbBTC. BiT Global argues that Coinbase’s reasons for the delisting are ...
DKBitex, a leading cryptocurrency exchange in Dubai, is set to hold its first token burn for its native token, DKBC, on December 17, 2024. This move will permanently eliminate 5% of DKBC’s circulating supply, aiming to enhance its value and scarcity. CEO Daniel Carter highlighted the importance of this event, stressing it as a response ...
Microsoft shareholders recently voted against a proposal to include Bitcoin in the company’s balance sheet, following the board’s recommendation to decline. Had the proposal passed, it could have sparked a surge in corporate Bitcoin adoption, potentially elevating its Market price and creating new wealth for investors. This rejection comes as activist groups aim to persuade ...
Tom Lee, head of research at Fundstrat Global Advisors, has made a name for himself with accurate predictions about the stock Market and Bitcoin. After correctly forecasting a 24% rise in the S&P 500 last year, he now anticipates Bitcoin will reach $250,000 by 2025, indicating a potential 150% gain from its current price around ...
Tom Lee, head of research at Fundstrat Global Advisors, has made bold predictions about the stock Market and Bitcoin. He previously forecasted a 24% rise in the S&P 500, which came true, and now he predicts it will reach 6,000 in 2024. Lee also expects Bitcoin to surpass $100,000 this year and possibly hit $250,000 ...
The QStar project has made a groundbreaking debut, combining Artificial General Intelligence (AGI) with blockchain technology to shape the future of both AI and cryptocurrency. Initially hinted at by OpenAI, QStar faced early challenges when its development team withdrew. However, the resilient community stepped in, burning millions of tokens and securing long-term trust. The project ...
The cryptocurrency Market attracts investors due to its volatility, offering the potential for significant returns. Dogecoin, originally created as a joke in 2013, has surged by about 340% this year, showcasing its explosive growth potential. Its rise is often influenced by Elon Musk’s support, which has historically driven its popularity. Though Dogecoin has shown impressive ...
Bitcoin’s recent surge to new highs has revitalized the cryptocurrency Market, pushing its total Market cap to $1.49 trillion. Historically, Bitcoin often leads the way for altcoins, and this trend seems to be repeating itself. As investors increasingly turn to altcoins for greater profit potential, traditional altcoin projects are trying to regain footing after a ...
