Strategy Inc. is accelerating its bitcoin accumulation with a bold €620 million euro-denominated stock offering, targeting stronger digital asset exposure, lucrative 10% yields, and compounded growth potential while reinforcing its position as the world’s largest bitcoin treasury. Strategy Unveils 10% Euro-Denominated Stock Offering to Expand Bitcoin Holdings Global investors are increasingly showing interest in high-yield […]
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Long-Sleeping Bitcoin Wallet Reemerges After 9 Years, Moves 216 BTC Worth $22.47M
On Friday, while bitcoin floated just north of the $100,000 mark, a 2016-era whale suddenly woke up—moving 216.95 BTC valued at $22.47 million after sitting still for 9 years and 4 months. Dormant 2016 Wallet Makes a Splash Talk around town has zeroed in on OG bitcoin holders shifting hefty stacks of long-idle coins. Since […]
Read MoreBrazil to Tighten Crypto Rules, Attacking the ‘Financial Arm’ of Organized Crime
Fernando Haddad, Brazil’s Minister of Finance, said it is preparing a regulatory overhaul to attack the use of cryptocurrency to finance organized crime. This overhaul includes tougher rules on crypto usage and the revamp of the CVM, the Brazilian equivalent of the SEC. Brazil Aims To Tighten Crypto Controls To Tackle Organized Crime Financing The […]
Read MoreThe 3-Tier Economy: Coins, Gems, and the SACHI Token
This content is provided by a sponsor. PRESS RELEASE. SACHI brings fun to gaming with premium experiences and community-driven engagement rewards with a simple, three-layered economy ahead of the TGE. [Dubai, UAE] SACHI’s immersive Web3 competitive gaming universe aims to solve one of the most conspicuous issues that users face in Web3 gaming — understanding […]
Read MoreBitcoin Trades Sideways: Is $100K the New Norm?
The cryptocurrency has hovered around the $100K threshold for multiple days in a row, with no clear sign of an imminent rally. Bitcoin Stalls at $100K, Have We Reached a New Plateau? November is typically a good month for bitcoin. Data from Coinglass shows positive monthly returns for the cryptocurrency 66% of the time between […]
Read MoreQuantum Doomsday Clock Predicts Bitcoin’s Downfall by 2028
The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen 2 years and 4 months from now. Quantum Doomsday Clock Puts Bitcoin Downfall Just 2 Years Away The Facts While speculations about the dangers of […]
Read MoreBitcoin Tumbles Below $100K Amid Sell-Off by Long-Term ‘OG’ Whales
On Nov. 7, bitcoin fell below $100,000 for the second time in a week amid reports of whales offloading millions in crypto holdings. Price Plunge and Market Impact On Nov. 7, bitcoin ( BTC) fell below $100,000 for the second time in a week, dipping to $99,376 amid speculation that long-term holders—often referred to as […]
Read MoreMike McGlone’s Scorched Earth Prediction: $56K Bitcoin in the Horizon
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloomberg’s McGlone Believes $56K BTC Possible if $100K Level Is Lost The […]
Read MoreBitcoin ETFs Break 6-Day Slump With $240 Million Inflow
After nearly a week of redemptions, bitcoin and ether ETFs swung back into positive territory on Thursday, drawing $240 million and $13 million in inflows, respectively. Solana ETFs extended their green run with a solid $29 million boost. ETF Turnaround: Bitcoin and Ether Snap Outflow Streaks as Solana Maintains Inflows The streak finally snapped. After […]
Read MoreCentral Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots […]
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