MicroStrategy yesterday announced its third debt offering of 2024. The company is seeking to raise US$700 million (AU$1.03b) to pay off existing debt and invest in more Bitcoin. MicroStrategy is currently the world’s largest corporate holder of Bitcoin, with a stash of 244,800BTC currently valued at approximately US$14 billion (AU$20.7b). MicroStrategy, the world’s largest corporate […]

Last week’s trading was impressive as Bitcoin recovered from $52k, although it encountered resistance and is now losing momentum. Sentiment is now negative following a strong sell since yesterday. It’s the start of a new week for Bitcoin as it already registered losses after dropping from the $60,900 level over the weekend. These drops came […]

Bitcoin.com, a pioneer in the cryptocurrency space since 2015, today announced an exclusive partnership with MoonPay to power payments for the platform’s 50+ million wallets. The agreement guarantees MoonPay as the only payments provider facilitating the buying and selling of Bitcoin and other crypto on Bitcoin.com’s website and in the Bitcoin.com Mobile Wallet app. This […]

DBS, Singapore’s largest bank, announced it would begin offering over-the-counter (OTC) options trading and structured notes linked to Bitcoin and crypto for institutional clients. JUST IN: 🇭🇰 Singapore's largest bank, DBS to launch #Bitcoin and crypto options trading. pic.twitter.com/lnres4MdMw — Bitcoin Magazine (@BitcoinMagazine) September 17, 2024 As a leading Asian financial institution with over $360 […]

Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding. 

TL;DR XRP rose 10% in a week, fueled by Grayscale’s new Ripple trust and a potential Robinhood re-listing. While some see a bullish trend, others predicted the token could perish “soon.” XRP’s Next Potential Move Ripple’s XRP has registered a 10% price increase in the past week, making it the best-performing cryptocurrency from the top […]

Robert Kiyosaki explains why you should buy Bitcoin and not be ‘late in life loser’

Alex Mashinsky, the former CEO of Celsius, is seeking testimony from his former top executives in court as his criminal trial is set to start today (Tuesday). According to a memorandum filed on Friday by his lawyers, he has asked the court to allow six witnesses, including the crypto lender’s former Chief Financial Officer and […]

The former president spent the first half of a 30-minute interview recounting the recent assassination attempt at his golf course in Florida.

A crypto strategist who continues to build a following with timely Bitcoin calls is unveiling two roads that BTC could take en route to new all-time highs. Pseudonymous analyst Credible Crypto tells his 419,300 followers on the social media platform X that he thinks Bitcoin’s market structure is being set up to annihilate BTC bears. […]

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The […]

Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash. 

TL;DR DeGods Consolidates Collections: DeGods has merged its NFT collections, including y00ts and DUST, into a single token called DEGOD, aiming to streamline community and liquidity. Mixed Community Reactions: While some praise the move for unifying the ecosystem, others worry it may dilute the rarity and uniqueness of individual NFTs. Future Prospects: The success of […]

Panama City, Panama, September 16th, 2024, Chainwire Bitlauncher, the groundbreaking platform at the intersection of Artificial Intelligence (AI) and cryptocurrency, is thrilled to announce its presale event starting on September 16th, 2024, with a goal to raise $150,000. This presale offers enthusiasts and investors an opportunity to shape the next wave of global AI unicorns. […]

The recent surge in gold prices to record highs has made analysts consider that the precious metal could register even higher levels during this and the next year. Some are even predicting that prices might reach the $3,000 mark, driven by even stronger central bank demand and incoming rate cuts. Gold Bulls Rejoice as Analysts […]

Stablecoins have so far dominated the crypto payment market, but some Bitcoin developers believe there’s a proposal out there that could offer a legitimate alternative.  Seven years ago, Dorier, a long-time developer, set out to democratize bitcoin payment processing by launching a free and open-source alternative to the then-dominant BitPay: BTCPay Server. Today, despite the […]

Polymarket traders predict a 99% chance of a 25 basis-point Federal Reserve rate cut on September 18, reducing the rate to 5.00%-5.25%. The CME FedWatch tool suggests a 62% likelihood of a 50 basis-point cut, which could boost market liquidity and impact assets like Bitcoin. Not everyone agrees. Bitfinex indicates that a 50 bps cut […]

Last weekend saw Ethereum through another downturn after failing to sustain momentum above $2.5k. However, it has posted a substantial loss so far but currently trades calmly as it foots a strong bearish move. Compared to the late July-August crash that rolled the price back to its yearly low, Ethereum recovered for three weeks and […]

BNB, SOL, and ADA opened in green today, but sellers don’t appear ready to give up. Chart by TradingView 1. BNB Price Prediction Today, Binance Coin returned to an uptrend after a short pullback. The price is $544, and the trend is bullish after the key support at $500 rejected any attempt by sellers to […]

The odds of a huge rate cut have surged

A crypto whale that went inactive for about eight years just woke up from their slumber to move tens of millions of dollars in Ethereum (ETH). Data from the blockchain tracking platform Arkham shows that an Ethereum whale loaded up 16,636 ETH worth about $186,840 in 2015 from the Switzerland-based crypto exchange ShapeShift. The numbers […]

A trader who nailed the May 2021 Bitcoin collapse says one indicator suggests BTC could be primed for fourth-quarter gains. The pseudonymous analyst known as Dave the Wave tells his 146,900 followers on the social media platform X that BTC’s weekly moving average convergence divergence (MACD) indicator is “coming in hot and fast” and approaching […]

After once calling cryptocurrency a "scam," Trump and his sons are now launching a crypto exchange. Tim O'Brian and Zeke Faux join Stephanie Ruhle …

Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system.

As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks.  After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18, […]

South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identified Bhutan’s Bitcoin addresses, marking the first time this information has been publicly shared. BREAKING: BHUTAN GOVERNMENT’S $750M BTC NOW […]

TL;DR Tether, the issuer of USDT, has increased its share of the stablecoin market to 75% over the past two years, according to Token Terminal. The company generated approximately $400 million in revenue over the last 30 days, following a record first quarter in 2024 with earnings exceeding $4.5 billion. Tether has seen a record […]

On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to […]

Founder of Cardano believes in upcoming price crash

Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital from digital asset products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in inflows to the tune of $436 million following weeks of outflows adding up to just north […]

An early crypto investor has pleaded guilty to filing tax returns that underreported the capital gains he earned from selling millions of dollars worth of Bitcoin (BTC). According to the U.S. Department of Justice (DOJ), Frank Richard Ahlgren III bought approximately 1,366 BTC in 2015 when the flagship cryptocurrency was still trading for less than […]

The crypto market is going through a downturn, a continuation of a strenuous summer, and once again, Bitcoin (BTC) is in the driving seat. The price swings on the Bitcoin charts have been a reference point for many altcoins, and last week’s movements were even more proof. However, the BTC price might be making a […]