MicroStrategy buys $2B in Bitcoin, boosts holdings to $23B
MicroStrategy’s latest announcement shows that its Bitcoin holdings have reached 279,420 BTC, worth almost $23 billion. While some investors hold...
Month: November 2024
Growing DeFi on Bitcoin: Rooch Network joins Cointelegraph Accelerator
Rooch Network, an application layer for Bitcoin featuring MoveVM and Bitcoin staking, has become the latest participant of Cointelegraph Accelerator....
Polygon’s AggLayer adopts Agora’s AUSD as native currency
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges. Agora, a stablecoin company, has introduced its...
Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered...
Crypto inflows hit $1.98B amid post-election momentum
The latest weekly crypto inflows of nearly $2 billion mark the fifth consecutive weekly inflows totaling $7.7 billion, or 24%...
‘Defanging the SEC’ may turbocharge US economy: Cathie Wood
“We have more clarity now in terms of the investment landscape after the election,” the ARK Invest CEO said. ARK...
Bitcoin sudden pump to $81K annihilates $180M shorts in half a day
About $180 million in short positions were wiped as Bitcoin hit another new all-time high of $81,358. Crypto traders betting...
Bitcoin could be one upgrade away from overtaking Ethereum DeFi
A long-dormant string of code called OP_CAT could be the secret to unlocking the true potential of Bitcoin for DeFi...
Immutable announces in-game signing feature for Web3 gaming
The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH. Blockchain protocol...
Bitcoin to be ‘political imperative,’ owning none ‘a liability’ — NYDIG
NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the...
ENS token rises 10% as ENS Labs reveals ‘Namechain’ Ethereum L2
The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites. The...
FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ
The FTX estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer...
Ex-Pimco, Millennium execs set up crypto advisory business
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are returning to crypto by launching a...
$80K BTC price chases gold — 5 things to know in Bitcoin this week
Bitcoin brings the heat to risk assets as rapid new all-time highs spark widely varied BTC price targets. Bitcoin is...
What are inflows and outflows on crypto exchanges?
Inflows indicate cryptocurrency entering an exchange, reflecting demand, while outflows show funds leaving, signaling selling pressure or profit-taking. Understanding how...
