Articles for category: Crypto

Market News

Bitcoin Rally Boosts Solana, Coinbase, and Other Crypto Investments – What’s Next for the Market?

Bitcoin has recently surpassed the $100,000 mark, creating a positive ripple effect for other cryptocurrencies like Dogecoin, Ripple (XRP), Solana, Tether, and Coinbase. This significant milestone has drawn attention from financial analysts Brad Smith and Madison Mills, who explore how Bitcoin’s surge impacts the broader crypto Market. As Bitcoin continues to gain traction, investors might ...

Market News

Worksport Embraces Bitcoin and XRP for Innovative Treasury Strategy, Enhancing Financial Resilience and Growth Potential

Worksport, a company listed on Nasdaq, is taking a bold step by investing up to $5 million, or 10% of its cash reserves, in Bitcoin and XRP. This decision aims to diversify its treasury strategy and safeguard its assets against inflation. Besides investments, Worksport plans to accept cryptocurrency payments on its online platform, potentially cutting ...

Market News

DC Wallet Enhances User Experience with Radix Partnership for Seamless Transactions and Innovative Features

DC Wallet, developed by Menas Global using Radix technology, has partnered with AFC India Ltd to encourage the adoption of Central Bank Digital Currencies (CBDCs) in India and beyond. This collaboration follows the Reserve Bank of India’s confirmation of testing the Digital Rupee with Ripple’s XRP Ledger. DC Wallet aims to enhance financial inclusion by ...

Market News

Trump Celebrates Bitcoin Surge as Cryptocurrency Hits Milestone of $100,000 for the First Time

Bitcoin has seen a remarkable surge, reaching as high as $103,000 following the election of President-elect Donald Trump. This increase, which marks over a 40% rise since November, is largely driven by expectations of a favorable regulatory environment for cryptocurrencies under Trump’s administration. Trump celebrated this milestone on his social media platform, expressing support for ...

Market News

$3,000 Android Trojan: A New Threat to Banks and Cryptocurrency Exchanges You Need to Know About

A new Android remote access trojan (RAT) called DroidBot has targeted 77 banking institutions, cryptocurrency exchanges, and government organizations. Discovered by Cleafy researchers, DroidBot utilizes VNC and overlay attack techniques combined with features like keylogging and user monitoring. Since its emergence in October 2024, it has shown signs of being active since June, operating on ...

Market News

MicroStrategy’s Bitcoin Investment Turns Negative Despite Major $100,000 Milestone Achievement

Cryptocurrency stocks saw significant losses on Thursday despite Bitcoin’s price soaring above $100,000 for the first time. MicroStrategy, known for its Bitcoin investments, fell about 1% after earlier gains. Riot Platforms also dipped 1%, while Mara Holdings barely changed. Robinhood’s stock declined, and Coinbase barely increased. Year-to-date, MicroStrategy has risen an impressive 597%, with Robinhood ...

Market News

Bitcoin’s 2024 Surge: Uncovering the Factors Driving Its Journey to $100,000

Bitcoin has finally surpassed the significant $100,000 mark, achieving an impressive 140% increase in value during 2024. This surge comes after widespread adoption by major Wall Street institutions and growing discussions around cryptocurrency in the U.S. presidential election. The launch of Bitcoin ETFs at the beginning of the year attracted billions in investments, signaling a ...

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