MicroStrategy, a major corporate Bitcoin holder, announced it acquired approximately 15,400 BTC between Nov. 25 and Dec. 1. The purchase, funded by $1.5 billion raised through a stock sale under its at-the-market (ATM) equity program, was executed at an average price of $95,976 per Bitcoin. In a Dec. 2 filing to United States Securities and … Read more
Crypto miner Marathon Digital has spent more than $600 million to purchase Bitcoin in the last two months, according to a filing with the United States Securities and Exchange Commission. In a Dec. 2 filing, MARA Holdings said it acquired 6,484 Bitcoin (BTC) between Oct. 1 and Nov. 30. The coins were purchased for $618.3 … Read more
During his 2024 election campaign, United States President-elect Donald Trump made many crypto-related promises, including establishing a “strategic Bitcoin stockpile.” The idea has since picked up steam both in the United States and abroad. While there has been plenty of talk, a clear roadmap and timeline for the implementation of a Bitcoin (BTC) strategic reserve … Read more
Crypto analyst Kevin Capital has warned about bearish indicators for the Dogecoin price. The analyst stated that Dogecoin has flashed its first sell signal since its bull run began and revealed what to watch out for following this development. Dogecoin Price Flashes Sell Signal In an X post, Kevin Capital said that something to acknowledge … Read more
WisdomTree, one of the first companies to issue a spot Bitcoin exchange-traded fund (ETF) in the United States in January, has filed to launch a spot ETF backed by XRP. On Dec. 2, WisdomTree became the fourth company in the US to submit a Form S-1 filing for a spot XRP (XRP) ETF with the … Read more
The cryptocurrency market could be on the verge of the much-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors might have changed, according to a prominent market analyst. “Stablecoin liquidity” to determine next altseason The crypto market is transforming, with cycle indicators, market structures and trading patterns changing rapidly. … Read more
Brazil is considering a potential ban on stablecoin withdrawals to self-custodial wallets, coinciding with the Brazilian real hitting all-time highs against the United States dollar. On Nov. 29, Banco Central do Brasil (BCB), the central bank of Brazil, issued a proposal to ban transfers of stablecoins like Tether’s USDt (USDT) to self-custodial wallets like MetaMask. … Read more
As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network. The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s transition to Ethereum 2.0. The introduction of the Beacon Chain marked the blockchain’s shift into a … Read more
Ripple’s XRP token has surged to a new 2024 high as investors anticipate pro-crypto developments in the United States under President-elect Donald Trump. On Dec. 1, XRP (XRP) surpassed Solana (SOL) in market capitalization and has since flipped Tether’s USDt (USDT) to become the third-largest crypto asset by market cap. Cointelegraph Markets Pro data shows … Read more
As the price of Bitcoin continues to demonstrate significant upside movement over the past few weeks, there has been a notable shift in sentiment among holders and investors, leading to a substantial decrease in the balance of BTC held in crypto exchanges. Bitcoin Holders Adopting A Different Approach A recent report shows that Bitcoin’s crypto … Read more
