The crypto economy experienced a dramatic $1.5 billion in long liquidations, resulting in a 3,000-point drop before finding support at the critical 95,000 level, according to analysts at QCP Capital. Institutional Demand Rises: QCP Questions If Market Can Stay on…
Category: Bitcoin News
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Bitcoin Mining Companies Raise $5.2 Billion via Convertible Notes
Bitcoin mining companies have collectively raised an impressive $5.2 billion through convertible notes in recent months. Convertible Notes Remain a Key Funding Vehicle for Bitcoin Miners Bitcoin mining companies have turned to convertible notes in a bid to raise funding…
Wall Street Pepe Token Presale Hits $3.5M – Is WEPE the Next Meme Coin Breakout?
Wall Street Pepe (WEPE) has raised over $3.5 million in the first week of its token presale event. This new project mixes the famous Pepe meme with a Wall Street theme – and traders are piling in early while WEPE…
Can Bitcoin Be Broken? Debates Ignite as Google’s Willow Chip Pushes Quantum Boundaries
Following discussions about Google’s latest quantum computing chip, speculation is rife that Bitcoin’s days are numbered and its cryptography is at risk of being compromised. Google’s Willow Chip Launches Heated Bitcoin Discussions On Monday, the CEO of Google and its…
Musk’s “True Love” Artwork “Starbase 2050” Heads to Sotheby’s
PRESS RELEASE. New York, 10 December 2024 – The highly anticipated art piece “Starbase 2050” created by the renowned digital artist Rui Huang is set to go under the hammer at Sotheby’s New York Digital Art Day Auction at 14:00…
Crypto Volatility Strikes: XRP, ADA Suffer Double-Digit Losses Over 7 Days
XRP’s 7-day loss reached 14%, while Cardano’s ADA led the top ten coins with a 19% negative price movement. XRP and ADA Record Double-Digit Weekly Losses On Tuesday, Dec. 10, XRP briefly dropped to $2.14, an almost 20% plunge from…
Michael Saylor Outlines U.S.’s Ultimate Bitcoin Reserve Strategy: Dump Gold, Buy Bitcoin
Michael Saylor, executive chairman and co-founder of Microstrategy, one of the first companies to adopt the bitcoin standard, has proposed that the U.S. purchase 20% or 25% of the bitcoin available using the nation’s gold stash as part of a…
Ripple CEO Blasts 60 Minutes Interview Edit: Some Things Were Left Out
Brad Garlinghosue, CEO of Ripple, a crypto and payment services company, blasted an interview given to 60 Minutes about XRP and the utility of cryptocurrency. Garlinghouse stated that some things were left out and that the program was wrong in…
Why You Can’t Miss Tokyo TEAMZ Summit 2025 During the Global Web3 Bull Market
Tokyo is undoubtedly one of the most beloved cities for Web3 professionals. It’s a place that satisfies all your desires—whether for work or leisure. Imagine attending a business conference in a city that also offers ample opportunities for enjoyment outside…
Trump Effect: Bitcoin ETFs Attract $10 Billion Inflows Since Election Day
Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory clarity to push the bitcoin industry to new heights. The companies offering…