As we have seen, MicroStrategy, the biggest corporate holder of Bitcoin has just made another aggressive move into the cryptocurrencies market. MicroStrategy, the business intelligence firm, announced earlier this month that it bought 5,262 Bitcoins worth of about $ 561 million to reach total Bitcoin assets of a whopping 444,262 BTC. Such investment proves that...
As a consequence of Russia’s utilization of Bitcoin in international trade, Ukraine is likely to apply sanctions. It seems plausible that they will be utilized. This is because Russia is currently using the cryptocurrency Bitcoin. Stop Russia from using Bitcoin: Ukraine, on the other hand, is making preparations to stop Russia from using Bitcoin and...
The substantial amount of $70 million liquidated in XRP and DOGE futures could be interpreted as an indication of heightened speculative activity in major markets. This is because an enormous quantity of money was liquidated. Since the amount of money that was liquidated was not typical, this is the case. You must be aware that...
As expected, the Fed dropped rates by 25 basis points. Guys You Must Be Aware About The Following : The Federal Reserve has decreased the benchmark fed funds rate by 25 basis points, bringing it down to a range that is now between 4.25% and 4.50%. The “dot-plot” predicts that the Federal Reserve will decrease...
Kris Marszalek, a key figure in the bitcoin industry, was extended an invitation to meet with Donald Trump. A Bitcoin reserve order was the topic of discussion during the meeting, which was called for the aim of establishing the order. As part of President-elect Trump’s commitment to the cause of enhancing the standing of the...
Cryptocurrency transactions cannot be halted by any central bank. No government outside of the United States may freeze Bitcoin assets . There is no international organization that may restrict the transfer of Bitcoin. There is a predetermined supply of 21 million coins. Because of these characteristics, analysts believe that Bitcoin is a one-of-a-kind solution for...
The cryptocurrency market is witnessing a change, with various factors determining its future. Bitcoin recently touched $100,000, which was partly due to Donald Trump’s win in the U.S. presidential election. Trump is known as a pro-crypto candidate, and his campaign also focused on reducing regulatory hurdles to support innovation in digital assets. His government is...
MetaMask, a prominent self-custodial wallet that specialises in cryptocurrencies, has launched a crypto debit card for the United States. This will allow users to spend their cryptocurrency on everyday purchases and, thus, make blockchain-based assets more easily integratable into real life. It was initially launched in a small pilot program and will be one of...
Is Ethereum Ready to Soar to New Heights in Q1 2025? Analysts Forecast Record Prices Analysts say that Ethereum may be ready for a significant price surge, as it could soon beat its previous all-time high by the first quarter of 2025. Though Bitcoin just hit a record $100,000 on December 6, Ethereum has not...
The monthly sales of Non-fungible tokens (NFTs) have picked up sales momentum in last month, an increase of 57.58% as digital collectibles continue to perform better. On 1st Dec, the data company CryptoSlam presented data which shows that NFT reached $562 million in sales in November, a significant increase in volume from the previous month....
