Bitcoin ETFs are now holding a substantial amount of Bitcoin, nearly equal to what Satoshi Nakamoto, Bitcoin’s creator, has in their wallet. US-based ETFs own over 1 million Bitcoin, accounting for about 5% of the total supply, driven by remarkable Market performance. There are discussions in the Senate about potentially purchasing another million Bitcoin by ...
In 2021, El Salvador became the first country to adopt Bitcoin as legal tender under President Nayib Bukele. This bold move aimed to integrate cryptocurrency into the nation’s economy, promoting financial inclusion and innovation. Since November 2022, the government has been executing a “1 Bitcoin per Day” program, where they commit to purchasing one Bitcoin ...
XRP has recently become the third-largest cryptocurrency by Market cap, surpassing Tether (USDT). As of December 1, 2024, XRP’s Market cap reached $141.8 billion, boosted by a 30% price surge within 24 hours and a remarkable 364% increase over the past month. This rise is largely due to optimism surrounding Ripple’s legal battle with the ...
Bitcoin is on a path that could lead it to $100,000, contingent on the demand from short-term holders balancing profit-taking by long-term holders. After a notable decline, Bitcoin closed November at nearly $96,506, showing a 37.3% gain for the month. As December approaches, historical trends suggest that Bitcoin typically performs well during halving years, but ...
Coinbase has introduced a new integration that allows users to buy Bitcoin and other cryptocurrencies quickly using Apple Pay across various third-party apps. This update enhances the Coinbase Onramp platform, making it easier for developers to incorporate Apple Pay into their apps for crypto transactions. With this integration, first-time buyers can complete their purchases efficiently, ...
Ripple’s XRP is experiencing a significant surge, with whales accumulating over $1.8 billion in tokens as weekly active addresses increased by 200%. Recently, WisdomTree filed for an XRP ETF with the SEC, indicating growing institutional interest. Investors have realized more than $2.7 billion in profits following a large token unlock by Ripple, leading to a ...
XRP has surged by 20%, reaching $2.44, and raising hopes it could hit $3 soon. With a Market cap of $132 billion, it stands as the fourth-largest cryptocurrency. Strong trading volume, especially on South Korea’s Upbit, supports this rise. Meanwhile, Shiba Inu is gaining attention, climbing above $0.00003 amid increased Market activity. However, both XRP ...
Volato Group, trading on NYSE American as SOAR, has introduced a cutting-edge technology that allows aircraft to generate revenue by mining Bitcoin during flights. This innovative system uses excess electricity from regular flight operations, utilizing specialized mining hardware designed for high altitudes. It can expand its operations when there are empty seats or unused cargo ...
Volato Group has unveiled a groundbreaking technology that allows aircraft to earn revenue through Bitcoin mining. This innovative system uses excess electricity generated during flights to power specialized mining hardware designed for high altitudes. It can easily scale up when there are empty seats or unused cargo space, turning aviation inefficiencies into valuable digital assets. ...
This weekend, several cryptocurrencies gained significant momentum, with XRP leading the charge as it became the third-largest cryptocurrency, right after Bitcoin and Ethereum. XRP surged 36% in just 24 hours and has increased 55% since Friday. Other notable movers include Chainlink, which rose by 17.6%, and Hedera, up 45.6%. Speculation around a potentially favorable environment ...
