MicroStrategy, led by CEO Michael Saylor, announced it will raise $500 million through a private offering of convertible senior notes. The proceeds will fund additional purchases, furthering its corporate Bitcoin accumulation strategy. BREAKING: 🇺🇸 MICROSTRATEGY TO RAISE $500 MILLION IN STOCK SALE TO BUY MORE #BITCOIN pic.twitter.com/ALsb7znGEZ — Bitcoin Magazine (@BitcoinMagazine) June 13, 2024 MicroStrategy […]

BlockDAG Closes on $50M in a Monumental Presale; Overshadows Binance Coin & Hedera’s Achievements In the swiftly evolving cryptocurrency market, leaders like Binance Coin and Hedera are making significant advancements. Binance Coin recently achieved a new peak alongside Bitcoin’s rise, while Hedera has been strengthening its cybersecurity and development efforts. However, BlockDAG has seized the […]

U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions offshore exceeding $10,000 to the Financial Crimes Enforcement Network (FinCEN). New Amendment Seeks to […]

Bitcoin ETFs saw $100 million worth of inflows on Wednesday

Venture capital firm Paradigm has reportedly raised $850 million for its third fund, supporting early-stage cryptocurrency initiatives led by Coinbase co-founder Fred Ehrsam and ex-Sequoia Capital partner Matt Huang.  Increased Venture Capital Interest In The Industry Paradigm’s previous investments include prominent projects like decentralized exchange (DEX) Uniswap and Optimism, a scaling solution for the Ethereum […]

The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.

As the cryptocurrency market enters a new bull phase, investors are eagerly seeking out the most promising digital assets.

The former leader of the analyst team at crypto analytics firm Glassnode predicts that Bitcoin (BTC) will hit six figures this cycle. In a new interview on the Blue Collar Bitcoin YouTube channel, James Check says that Bitcoin could rise more than 120% from its current value. He also believes that Bitcoin’s market cap will […]

Business intelligence firm and long-time Bitcoin holder MicroStrategy announced plans to offer $500 million aggregate principal amount of convertible senior notes due 2032. Interestingly, the proceeds of this initiative will be used to buy more Bitcoin and for other corporate purposes. According to its official announcement, the NASDAQ-listed company also intends to grant initial buyers […]

Bitcoin is undergoing a fascinating evolution, with various perspectives on its nature. Some view it as a currency for everyday transactions, others as a modern equivalent of gold for storing value, and yet others as a decentralized global platform for securing and validating off-chain transactions. While these views all hold some truth, Bitcoin is increasingly […]

TL;DR The SEC’s Gensler plans to approve Ethereum Ethereum ETFs by summer. ETF approval process advances after first approvals. The CFTC’s Behnam considers ETH a commodity. The US Securities and Exchange Commission (SEC) is speeding up the approval process for exchange-traded funds (ETFs) that trade Ethereum (ETH), as announced by Gary Gensler, SEC Chairman, during a […]

TL;DR Bitcoin miners increase sales amid financial pressures. Mass transfers from mining pools and OTC sales. Mining companies reduce holdings significantly. In the current Bitcoin market, miners face significant pressure to sell their assets, reflected in the recent BTC price drop to approximately $66,350. According to CryptoQuant analysis, this trend has intensified due to several […]

As Bitcoin navigates through 92 days of consolidation, the crypto community watches closely for the next major move. Notably, this extended phase of stability, which is now the longest in Bitcoin’s history, has been seen as the calm before a significant price storm by some crypto analysts. Crypto analysts like Mags have been particularly vocal […]

Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.

BlockDAG’s Presale Nears $50M Amid an Influx of Influencer Backing; RNDR’s Potential Breakout as Injective’s Price Drops Render Token (RNDR) is gaining attention with analysts predicting a potential breakout to $20, while the Injective (INJ) price aims to recover from recent losses and rise to $35. However, BlockDAG (BDAG) is stealing the spotlight with its […]

The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed to deliver the promised cryptocurrency. Despite […]

Bitcoin price to space? John Bollinger reveals key market insight

Ethereum is set to be the second cryptocurrency to gain spot ETF approval. U.S. News logo. Ask A.I. for quicker answers. Summarize Chat.

Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as “exponential gold” and an emerging player on the “store of value” team. Timmer’s comments were shared through a series of posts, where he elaborated on Bitcoin’s evolving role in the financial ecosystem. In my view, bitcoin is exponential […]

Bitcoin’s price surged to $70,000 briefly this week but faltered soon after failing to sustain the momentum and took a sharp turn. At the time of writing, the world’s largest cryptocurrency is trading at just over $67,000. Still, with exchange supply dropping to December 2021 lows, data suggest that a bullish reversal could be in […]

In a technical analysis, crypto analyst Ali Martinez has identified a potential 40% breakout for Toncoin (TON), targeting an ambitious price point of $11. Martinez’s analysis, delivered through detailed chart reviews published on X, provides a robust case for TON’s impending price movement, underpinned by classical chart patterns and Fibonacci retracement levels. Toncoin Is on […]

CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC.

Analyst and trader Nicholas Merten is expressing bearish sentiment on Bitcoin (BTC) amid the flagship crypto asset’s failure to rise above a key resistance level. In a new video, Merten tells his 509,000 YouTube subscribers that a correction for Bitcoin is imminent. “I think there are some significant warning signs that people are ignoring right […]

TL;DR Strategic Acquisition: Eigen Labs has acquired Rio Network, integrating its liquid restaking token (LRT) technology into the EigenLayer ecosystem to enhance the utility of staked assets in the blockchain. Open Source Innovation: The intellectual rights to Rio Network’s LRT technology has been acquired by the Eigen Foundation and will be open-sourced, fostering innovation and […]

The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over the crypto trading platform’s financial stability, inadequate management structure, and insufficient personnel, […]

Bitcoin saw enormous outflow from exchanges

Terraform Labs and its former CEO, Do Kwon, have agreed to pay about $4.5 billion in recovery and civil penalties to the Securities and Exchange Commission (SEC), thus striking a settlement agreement with the US regulator, according to a court filing yesterday (Wednesday). Furthermore, Kwon and Terraform Labs would be permanently banned from buying and […]

In the ongoing 24th burn event, OKEx’s OKB Buy-Back and Burn wallet has received 5.73 million OKB tokens, valued at approximately $259 million, in the past two hours. Since May 15, 2019, the OKX team has repurchased a total of 97.92 million OKB, now worth $4.42 billion, conducting these burns every three months. Despite the […]

In a surprise flurry of legislative activity in May, both the House and Senate voted on several cryptocurrency-related bills. The increased focus …

One of the best parts about running Breez is the diverse range of people I get to meet and work with. We have partners from Jamaica, the USA, Switzerland, Germany, Canada, Estonia, and who knows where else. We have users in Finland, Wales, Namibia, India, and almost everywhere else. The people behind Breez are split […]

A popular crypto analyst and trader says that one Ethereum (ETH) rival is facing a decisive moment. Pseudonymous crypto strategist Credible Crypto tells his 396,500 followers on the social media platform X that if Solana (SOL) fails to hold $140 as support it could plummet. “SOL: this is the last thing stopping us from a […]

A widely followed cryptocurrency analyst and trader believes that Bitcoin (BTC) could reach a six-figure price over the short to medium term. The analyst and trader pseudonymously known as Altcoin Sherpa tells his 217,000 followers on the social media platform X that Bitcoin could appreciate to over $100,000 “later this year” – a potential gain […]