Will BTC break ATH this week? FOMO Hour #71 hints at a BTC new all-time high with the crypto market cap topping $2.5 trillion, BTC at record highs in EUR & GBP, extreme greed at 82, Blast hitting $2.6 billion TVL, ETH burning at 1% annually, CashApp running low on BTC, memecoins soaring 3000% in volume, and all major Ordinals…
With the Dencun update a week away, there’s now 31.387 million Ethereum—worth approximately $116 billion—staked on the Beacon Chain. After seeing a slight dip in early January, the amount of ETH staked on the network has grown steadily and increased by 9% since the start of the year, according to Staking Rewards. At the time of writing, the Ethereum price…
Two individuals, a woman and a man, were captured in Argentina on charges of having perpetuated a Ponzi scheme that moved over $400 million in cryptocurrency in Brazil. The operation managed to track the couple’s whereabouts with the help of the Argentine Federal Police and Interpol. Argentina Captures Couple Accused of Orchestrating a $400 Million […] Source: https://news.bitcoin.com/founders-of-400-million-cryptocurrency-ponzi-scheme-arrested-in-argentina/
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of its digital finance policies. […] Source: https://news.bitcoin.com/hong-kong-to-kickstart-new-web3-and-digital-yuan-initiatives-this-year/
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance without excessive power consumption. New Rig to Help Bitcoin Miners Minimize Operational Costs Bitdeer, a leading bitcoin mining firm, has launched what it describes as […] Source: https://news.bitcoin.com/bitcoin-miner-bitdeer-says-it-has-launched-its-first-cryptocurrency-mining-chip/
PRESS RELEASE. In a remarkable feat of growth, GTA Token has surged an astonishing 200x within the span of just one month since its inception, catapulting it to the TOP-1 spot for several consecutive weeks in the category of best assets on both Arbitrum and SushiSwap. The project’s remarkable journey is vividly illustrated through screenshots […] Source: https://news.bitcoin.com/gta-token-rises-to-prominence-with-explosive-growth-and-innovative-ventures/
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nabiullina revealed that over 25,000 transactions were registered, and confirmed the pilot expansion later this year. Russian Digital Ruble Pilot […] Source: https://news.bitcoin.com/russian-digital-ruble-pilot-on-track-registers-about-25k-transactions/
Skybridge Capital founder Anthony Scaramucci has insisted that it is “still very very early” to buy bitcoin. He likened the cryptocurrency to Warren Buffett’s company, calling it the “Berkshire Hathaway of the 21st century.” He opined: “It was never ‘too late’ to buy Berkshire stock. It is still very very early for bitcoin.” ‘Bitcoin Is […] Source: https://news.bitcoin.com/skybridge-founder-insists-its-still-very-early-to-buy-btc-sees-bitcoin-as-the-new-berkshire-hathaway/
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era […] Source: https://news.bitcoin.com/bitwise-cio-says-bitcoin-could-top-200k-this-year-citing-too-much-demand-not-enough-supply/
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) […] Source: https://news.bitcoin.com/microstrategy-to-buy-more-bitcoin-with-proceeds-from-600m-convertible-note-sale/
