Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion at an average price of $31,168 per coin. Microstrategy’s executive chairman, Michael Saylor, believes that spot bitcoin exchange-traded funds (ETFs) “may be the biggest development on…
Bit.Store Makes a Leap in Crypto Accessibility with its Launch on Binance Mini Program
December 28, 2023
PRESS RELEASE. Vilnius, December 27th 2023 – Bit.Store, a web3 crypto card issuing infrastructure, is thrilled to announce its latest venture – the launch of Bit.Store on the Binance Mini Program. This strategic move marks a significant milestone in Bit.Store’s mission…
Solana's Dex Platforms Eclipse Ethereum in Weekly Trade Volumes
December 28, 2023
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282…
Coinbase CEO Highlights Crypto's Impact on Economic Freedom — Calls Crypto 'the Future of Money' – Bitcoin News
December 22, 2023
Coinbase CEO Brian Armstrong has highlighted that crypto isn’t just here to say but it’s the future of money. Emphasizing that cryptocurrency “gives people economic freedom, ensuring access to their own money and fair participation in the economy ungated by powerful legacy institutions,” he detailed: “The industry has turned the page on the unlawful behavior that distracted from its…
Google Says It Has Updated Policy Relating Crypto Coin Trusts Adverts – News Bitcoin News
December 22, 2023
Starting on Jan. 29, advertisers of cryptocurrency coin trusts targeting the U.S. market will have to meet certain requirements before promoting these on Google. According to the internet giant, violation of this new policy will not result in the immediate suspension of…
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC's Price Back – Markets and Prices Bitcoin News
December 22, 2023
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $42K threshold. Currently positioned at $42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior…
Ethereum Technical Analysis: ETH Exhibits Mixed Signals; Resilience Amidst Bearish Trends – Bitcoin News
December 22, 2023
As of December 11, 2023, ethereum exhibits a blend of neutral and bearish trends. Mirroring bitcoin’s trajectory, ether experienced a pronounced decline during the transition from Sunday’s late-night trading into Monday.
Ethereum
Today, ethereum’s (ETH) value hovers at $2,239, fluctuating within a 24-hour span between $2,217 and $2,376. This fluctuation underscores the notable instability…
Elon Musk's Ripple Effect: Cogwise Predicts a $95 Million Revenue Loss for X and Its Impact on the Stock Price
December 11, 2023
As the fallout from Elon Musk’s bold statement continues to reverberate across the business landscape, one crucial question looms: How will the predicted $95 million revenue loss for X translate into tangible effects on its stock price? Cogwise’s insightful forecasting…
Snowden Blasts Elizabeth Warren as 'Pro-Banker,' Claims She 'Rolls Over' for JPMorgan Boss in Crypto Clash
December 11, 2023
This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto down if he held governmental…
Report: 47% of Nigerians Engaged in Crypto-Related Activities
December 11, 2023
A recent study has revealed that a significant 47% of Nigerians are actively involved in crypto trading, showcasing a remarkable integration of cryptocurrencies into their financial activities. The analysis further highlights a substantial 15% increase in crypto ownership within the country between 2020 and 2023. This surge in participation reflects the growing significance of crypto trading in…
